and maybe someday we can actually do that, but not at this extremely deflationary moment in Dash's lifetime.
How do you figure? By my math we experienced 16% inflation for 2016 and will have about 12.6% inflation in 2017, then 10.55%. I've actually never thought of any of these cryptographic currencies as deflationary, they are constantly creating coins until they stop at some point; the only deflation comes from coins being destroyed or lost.
https://docs.google.com/spreadsheets/d/1RpLd87PTs65sz8USrrXwGRoVGVbzaC-nunErEtGSJoE/edit?pref=2&pli=1#gid=0Evan, if this project is successful, Dash could see 1000% inflation (in price), or more This means that if Dash owes someone money in the future, because we signed a contract in Dash, we have to pay it, at the cost of what those funds could have otherwise done for us. We can't see the future. It would be better to have proposals given to the MN network, discussions on pros and cons, and a budget that sits in a pot, waiting to be allocated by people until either the volatility subsides and/or better functionality can be designed.
Edit, Oh I see your question better. Sure, coins are being created, but user base, increases exponentially, IF the project is successful. And remember, these long term contracts are eating into the funds we need for other things. And if they don't go down, we tie up a lot of potential value.
I assume, and I think there is a good 80% likelihood of success, that we'll be successful, that means crazy prices ahead for Dash. Good or bad, it is just a matter of demand.
If you promise to pay somebody X DASH per month then that IS the deal...
About 2.5 years ago I played a stupid BTC Darts game and one of my SENDS got lost somewhere and I never got to play that round
It was worth about $8 at the time.
Going through my notes and links and wallet - I sent the website owner an email, telling him/her what happened...
S/He agreed that the round was never played and I was granted a refund for the full BTC amount I had previously submitted....
It was now worth $80 - and yes - s/he paid me in BTC for the total amount of BTC I had previously submitted.
I took a loan out in DASH
My father asked me what the fiat price was when I took the loan
He was afraid that when I had to pay back the loan - I would have to repay with more DASH.....
?? uh ??
I received 120 DASH - I'll pay back 120 DASH - simple
.....what? if the price goes down I have to pay back less?? - uh no....
[I would only be paying back less in fiat, if I had to buy at a lower rate]
DASH
is
DASH
...it's only worth more if the "price" goes up and you sell it
- other than that
DASH
is
DASH
DASH
>>>is
CASH