I've always liked dash as an altcoin, and despite it dropping to $70 where it is now, it's performed fairly well compared to other alts. Every altcoin has lost serious value since 2017, so dash isn't alone in that fact. It could have sunk much further but didn't (and I hope it doesn't).
Yeah, it's been a brutal bear market, that's for sure. No way to know for sure, but hopefully the worst is over. The work behind the scenes to improve the user experience and gain adoption continues, though. Dash's prospects as a day-to-day cash are definitely strong.
One thing that's always bugged me about it is that there's really nowhere to spend it if you wanted to. I researched online merchants who took dash, and there weren't many at all and the ones that did take it didn't have anything I'd want to buy. If dash is really supposed to be digital cash, you have to be able to spend it. Hopefully that situation improves with time.
Agreed, and this is a priority for the team. Having a beautiful customer experience means nothing if you have nowhere to spend it. There are quite a few online places to spend it, but the brick and mortar retail stores are harder fish to catch. The process continues.
Weren't Venezuelans getting interested in it as an alternative to their local currency? I do remember reading an article to that effect but I don't know to what extent they actually adopted it.
Yup. There are continuing efforts in that country to bring Dash to people and merchants. This is a great place to test Dash's ability to be used in everyday commerce. There are quite a few places accepting Dash in the capital of Caracas, but more sporadic outside of the cities.