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Author Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency  (Read 9672807 times)
birdonthewire
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December 30, 2020, 04:02:12 PM
Last edit: December 30, 2020, 04:27:09 PM by birdonthewire


Capital gain is what we need to target, not dash-denominated revenue streams which become ever weaker in dollar value.




The correlation / proportionality of a "standard" mining exercise with the common interest of the mined currency is almost automatically acceptable, OK. But therein lies the human factor, which is the key to the debacle of a DASH manipulated by a shameful, redneck, greedy, ignorant, anti-idealistic, corrupt, liar, demagogue human universe ... the anonymous DAO hijackers allow themselves any immorality just to scratch a few more cents ... while ripping the chain completely apart ... that's a fact for anyone to see.

And that human factor that exists in mining cannot alter the rules (the "legal" power in DASH is monopolized by the gang of corrupt kidnappers) ... so it manifests itself in a very different way. But it is the same: that of the highest private interest ... which is the antithesis of any crypto COLLECTIVE monetary approach.

Now: The transfers of value to the chain from your pro-mining perspective are SUBJETIVE. They sound like a contribution to the collective, ok ... but they are subjective, do you like or not . So what is really decisive, the error of DASH ... is to disregard the underlying objective: That the common good is minimized and marginalized from monetary issues for the benefit of private interests. Which is seen with great clarity in the current distributions of obscene and suicide imbalance in DASH .

Investing those constant emissions in verified Stores of value (BTC, Gold) through pure code automatisms, invariable (or variables with actions that are really difficult to implement at the executive level , guaranteed with great rigor, more far beyond the influence - ultimately - of 4 whales) ... that would be an AUTOMATIC, OBJECTIVE AND TRANSPARENT transfer of value TO THE WHOLE ecosystem.

The problem is not one of mining ... but of an imbalance in the distribution of emissions. The proportions are monetary suicide ... while those who monopolize them continue to go around in circles (they are selfish, sure ... but they are still more idiotic than selfish). The channels of communication and debate in DASH are an insufferable agony of idiotic ideas without the slightest judgment. More than greedy miserable, which they are ... they are imbeciles without shame in showing themselves at their best.

In proposing a Reserves strategy, in fact, a fork within DASH, but from another independent monetary unit, would be much more effective than implementing it in the original chain itself. Why ? Simple: Because the "golden cross" / "BTC cross" (the "real ground" or point at which the Reserves guarantee inviolable wealth to the ecosystem and guarantees a CONSTANT, TARGET AND REAL price discovery to that currency ... made an OBJECTIVE system that no cryptocurrency has) is easier to achieve, since the new chain starts from a ZERO value of accumulated wealth To reach that "real ground" of backed wealth, the current chain would have to knock down the price of the token enormously - the current trend, in fact, is that same search in a desperate attempt ... but without finding real wealth at any point, thus leading to zero -.

20% Miners, 20% Mnodes ... and 60%. less modest expenses from PURE management ... to Reserves of value. And rigorous and strict management of those Reserves, DROP BY DROP, just to generate guaranteed returns for the ecosystem. Slowly ... and from a trend of constant enrichment and GUARANTEED.

On the contrary ... the tendency of the DAO hijackers Retardeds is to eliminate the transfer of emissions to the common good (the DIF, for example - whose returns also contribute to a general interest "off chain", that is to say , from Reserves -, or the expansion of what is intended for "general budgets), an aspect that, at the expense of an optimization of its operations, without shenanigans, opacities or gifts to shitty projects without the least profitability - which are, in agreement, obviously very improvable - it is the little positive that could be extracted from the measures that have been judged this year (imo, it is not ruled out that, to increase general resources for the ecosystem, RTaylor has tried a "carrot and stick" trick with those obvious incentives to the Mnodes to spare the brainwork for these greedy subnormals unable to mentally digest any reasonable measure).

The key is a clean slate, a separate "full stop" to implement a proper approach. And that is obtained with a fork with MODULAR intention (which, from within DASH, I have no doubt that it would progressively and rapidly eat up ground from the current and unacceptable installed chaos - which, effectively and without solution, I repeat, without solution, , approaches the value of DASH to ZERO while these subnormals impose to attend this scenario in which they run, in panic, like headless chickens -).

Let's do that fork, hell! We Get to work for a fucking time ... and to grow up with independence! ... that public reasoning, depending on the approval of this aneuronal collective is only a direct path to suicide! These retards will never react! You know it as much as I do.

 DASH IS THE VACCINE AGAINST THE NAKAMOTO´S CANNIBALISM* ( and its extractive virus, BTC ) 

*Parasitic growth system based on the transfer of wealth through speculative bubbles (the same old scam of the fiat global elite ...in a new format)

https://discord.com/channels/370148711088652288/660351836292775936/773522887616757770
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toknormal
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December 30, 2020, 04:26:43 PM


Investing those constant emissions in verified Stores of value (BTC, Gold) through pure code automatisms

The problem is not one of mining ... but of an imbalance in the distribution of emissions.

I really don't think you have a clue what makes Dash work or any other coin work.

You're in the wrong forum for a start because Dash could not be remotely "forked" to implement the kind of monetary model you advocate. There are loads of them already out there which do, in particular the ICO tokens. I suggest you switch immediately before you lose any more value from the ratio.
birdonthewire
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December 30, 2020, 04:41:09 PM
Last edit: December 30, 2020, 04:56:30 PM by birdonthewire

...............

 DASH IS THE VACCINE AGAINST THE NAKAMOTO´S CANNIBALISM* ( and its extractive virus, BTC ) 

*Parasitic growth system based on the transfer of wealth through speculative bubbles (the same old scam of the fiat global elite ...in a new format)

https://discord.com/channels/370148711088652288/660351836292775936/773522887616757770
birdonthewire
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December 30, 2020, 04:46:43 PM
Last edit: December 30, 2020, 07:00:14 PM by birdonthewire


Investing those constant emissions in verified Stores of value (BTC, Gold) through pure code automatisms

The problem is not one of mining ... but of an imbalance in the distribution of emissions.

I really don't think you have a clue what makes Dash work or any other coin work.

You're in the wrong forum for a start because Dash could not be remotely "forked" to implement the kind of monetary model you advocate. There are loads of them already out there which do, in particular the ICO tokens. I suggest you switch immediately before you lose any more value from the ratio.

I know perfectly well how a cryptocurrency works: Accepting, de facto, a standard that is considered "apart" ... when it is precisely the opposite: The assumption of a deep dependence on a distortion in cascade by a totally extractive standard. As soon as you see the first Reserves supported in BTC that are a simple matter of time,you will have it in your nose... either for cryptos or any other economic structure outside of crypto (Reserves of some small comercial bank, probably - by the way, very effectively and without mining appearing anywhere as a primary element in the equation, i already anticipate you  Wink -) .

Your position, anyway, is within logic. Mnodes will always look for an inbred measure that preserves their reduced advantageous frame. But that won't work. Centralization is the basis of the problem. Anyway, to act , it takesa degree of passion for a COLECTIVE mutilated project that exceeds  , relatively and only in the beginning, the particular interest ... to reach a framework that allows the natural optimization of DASH. I propose it ... and there , each one choose .

I know that this forum is not ideal ... but not because of what you say, but because those who are here are mostly benefiting from the imbalance (in reality, no one is, as this is a intensive tremendous process of  wealth destruction). The biggest problem is that the real DASH community no longer exists, has been ruined and marginalized ... and what little there is, much less with the motivation to try other avenues. So really, there is no such thing as an "ideal forum".

So each exhibition is, at least, a point of reflection. It's frustrating, but it can be all to hope for, being practical.

By the way, beyond ICOs, which are perfectly avoidable, implementing it in another chain is perfectly accessible, i already count with that. Placing the debate here is a matter of sheer inertia, I would even say that a "debt owed", by a ruined and abused real community ... although I know perfectly well the added problems that it entails.



 DASH IS THE VACCINE AGAINST THE NAKAMOTO´S CANNIBALISM* ( and its extractive virus, BTC ) 

*Parasitic growth system based on the transfer of wealth through speculative bubbles (the same old scam of the fiat global elite ...in a new format)

https://discord.com/channels/370148711088652288/660351836292775936/773522887616757770
Pang.
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December 30, 2020, 05:19:17 PM

If we want to say that Dash has failed economically compared to BTC, we are within our right.

It has done really badly and anyone who traded their BTC for Dash months ago has lost a good chunk of capital.

what could have happened?

We can blame mining on masternodes, Core, competitors ... but I personally would simplify it and reduce it to something like "fame"

We can all see how every day or every week a coin takes off and makes a 2X, 3X, 5X ... and then, is when we look at it, and analyze it.

Sometimes we find that the raise is a pump & dump, but sometimes the advertising of doing a 3X reveals a good coin that can do interesting things.

Dash has no one to make it fashionable.

Bad internet marketing, bad public relations from Core. Little presence in the media.

It is better to spend the budget on paying famous youtubers who attract thousands of looks, than to waste that same capital in Venezuela that will end up being converted into $ in the blink of an eye.


If every month that marketing budget focuses on these media influential people, and those people talk about everything Dash is already doing today, and everything it will be able to do in the future, Dash could become all the rage.

And if Dash does a 3X, 4X or 10X, each time the stares will get stronger and stronger.

I always say it, we are on the horizon of events, and if we do not do something radical to get out of this black hole we will fall into oblivion.

With a Dash at $ 10 you can give up the project for lost, there will be no development, no marketing or anything that allows you to escape from gravity.

greetings and cheers
birdonthewire
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December 30, 2020, 05:28:50 PM
Last edit: December 30, 2020, 05:51:21 PM by birdonthewire

If we want to say that Dash has failed economically compared to BTC, we are within our right.

It has done really badly and anyone who traded their BTC for Dash months ago has lost a good chunk of capital.

what could have happened?

We can blame mining on masternodes, Core, competitors ... but I personally would simplify it and reduce it to something like "fame"

We can all see how every day or every week a coin takes off and makes a 2X, 3X, 5X ... and then, is when we look at it, and analyze it.

Sometimes we find that the raise is a pump & dump, but sometimes the advertising of doing a 3X reveals a good coin that can do interesting things.

Dash has no one to make it fashionable.

Bad internet marketing, bad public relations from Core. Little presence in the media.

It is better to spend the budget on paying famous youtubers who attract thousands of looks, than to waste that same capital in Venezuela that will end up being converted into $ in the blink of an eye.


If every month that marketing budget focuses on these media influential people, and those people talk about everything Dash is already doing today, and everything it will be able to do in the future, Dash could become all the rage.

And if Dash does a 3X, 4X or 10X, each time the stares will get stronger and stronger.

I always say it, we are on the horizon of events, and if we do not do something radical to get out of this black hole we will fall into oblivion.

With a Dash at $ 10 you can give up the project for lost, there will be no development, no marketing or anything that allows you to escape from gravity.

greetings and cheers


A lot of  you are quite the supporters of a more effective marketing as an arrangement to this.

Imo, DASH is VERY well known to the crypto community, at least on the terms that they deem appropriate for their particular investment valuations. And the problem is that enough is known ... to roundly despise it as an option.

Marketing will be able to attract people on time, ok ... but imo, very few people in relation to a brutal and inexorable process of destruction of wealth that the only thing that will do is appropriate the trusted and delivered capital and reaffirm its suicidal tendency ( In fact, even if it were a LOT of newcomers, the drainage capacity for private benefit is so excessive that the trend would remain the same ).

 DASH IS THE VACCINE AGAINST THE NAKAMOTO´S CANNIBALISM* ( and its extractive virus, BTC ) 

*Parasitic growth system based on the transfer of wealth through speculative bubbles (the same old scam of the fiat global elite ...in a new format)

https://discord.com/channels/370148711088652288/660351836292775936/773522887616757770
Dahaa
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December 30, 2020, 06:21:02 PM

This shit has already touched 0.0034 Where is the Dash / DashPay platform? Fucking scam
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December 30, 2020, 06:24:04 PM


but I personally would simplify it and reduce it to something like "fame"...Bad internet marketing, bad public relations from Core. Little presence in the media.


Why look for vague, subjective reasons which are shared with other coins when an unambiguous source of capital depletion is staring you right in the face that's unique to Dash amongst all its mined competitors ?

Dash isn't where it is for want of marketing IMO. It's had at least as much marketing as any of its competitors if not more, in fact it garnered a reputation throughout the whole sector for being one of the most marketed coins out there. And it wasn't just promotion, it had top 10 marketcap status, early listings on the biggest exchanges back in the day such as BTCe and Bitfinex, headlined at conferences, was widely reported in the press, had a massive revaluation upwards, listed on Coinbase etc etc.
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December 30, 2020, 06:39:03 PM

After crash and fud, big news is coming. Thank you for the pre announcement for the big event, qwizzie. I am shocked to see many fuds in the 2 pages of the topic. The big event will wipe them out.

I load up a few DASH 2 hour ago and I wish the even will help price climb back to 0.0064 BTC for one DASH. It will not be a x2 investment but I will satisfy with the target.
WHERE? 0.0034 Embarrassed
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December 30, 2020, 07:14:04 PM

Date: 30 December - 31 December
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birdonthewire
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December 30, 2020, 07:21:09 PM



 Dash could not be remotely "forked" to implement the kind of monetary model you advocate.

By the way ... what is your point of view for that statement? What kinds of obstacles do you see? That interests me, thanks.

 DASH IS THE VACCINE AGAINST THE NAKAMOTO´S CANNIBALISM* ( and its extractive virus, BTC ) 

*Parasitic growth system based on the transfer of wealth through speculative bubbles (the same old scam of the fiat global elite ...in a new format)

https://discord.com/channels/370148711088652288/660351836292775936/773522887616757770
toknormal
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December 30, 2020, 07:31:24 PM


By the way ... what is your point of view for that statement? What kinds of obstacles do you see? That interests me, thanks.

It's a mined digital asset, not a securitisation tool.

You're looking for a securitisation platform.
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December 30, 2020, 07:37:08 PM


By the way ... what is your point of view for that statement? What kinds of obstacles do you see? That interests me, thanks.

It's a mined digital asset, not a securitisation tool.

You're looking for a securitisation platform.

That is not a question of the type of entity and / or the jurisdiction chosen to establish it?

 DASH IS THE VACCINE AGAINST THE NAKAMOTO´S CANNIBALISM* ( and its extractive virus, BTC ) 

*Parasitic growth system based on the transfer of wealth through speculative bubbles (the same old scam of the fiat global elite ...in a new format)

https://discord.com/channels/370148711088652288/660351836292775936/773522887616757770
toknormal
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December 30, 2020, 07:38:47 PM


That is not a question of the type of entity and / or the jurisdiction chosen to establish it?

No.
birdonthewire
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December 30, 2020, 07:41:31 PM


That is not a question of the type of entity and / or the jurisdiction chosen to establish it?

No.

So what about? Where are the limitations for it?

What is the profile in which you think that type of approach fits?

 DASH IS THE VACCINE AGAINST THE NAKAMOTO´S CANNIBALISM* ( and its extractive virus, BTC ) 

*Parasitic growth system based on the transfer of wealth through speculative bubbles (the same old scam of the fiat global elite ...in a new format)

https://discord.com/channels/370148711088652288/660351836292775936/773522887616757770
toknormal
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December 30, 2020, 07:46:23 PM



What is the profile in which you think that type of approach fits?

Tezos.
birdonthewire
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December 30, 2020, 07:53:54 PM



What is the profile in which you think that type of approach fits?

Tezos.

OK ... an example, in your opinion, thanks.

However, I am referring to the limitations of using DASH open source, supposedly for public use, as a tool to launch such a project.

Because you claim that this is not possible. Why exactly?

 DASH IS THE VACCINE AGAINST THE NAKAMOTO´S CANNIBALISM* ( and its extractive virus, BTC ) 

*Parasitic growth system based on the transfer of wealth through speculative bubbles (the same old scam of the fiat global elite ...in a new format)

https://discord.com/channels/370148711088652288/660351836292775936/773522887616757770
toknormal
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December 30, 2020, 08:30:46 PM
Last edit: December 30, 2020, 11:11:32 PM by toknormal


Because you claim that this is not possible. Why exactly?

Dash is a bitcoin clone. It inherits the bitcoin protocol.

There are 2 fundamental types of monetary asset:

 • commodity money (sometimes called "hard money") that has a capped supply and which requires effort to create
 • contractural money (including currencies) that has an uncapped supply and requires no effort to create

Digital assets are all synthesised forms of these. Being synthesised they require a monetary archetype to inform their functional priorities. i.e. the rule-base that governs their issuance and subsequent use-cases.

With the commodity money archetype, the value comes from the limited supply and effort required to generate it. Both of these two need to be coupled for the intrinsic value to be present. Limited supply on its own isn't enough because without the accompanying effort factor there's nothing to distinguish it from anything else of limited supply (e.g. 4 matchsticks with my fingerprint on them). Nor is the "effort-factor" alone enough because without the associated limited supply it cannot reflect the value of competition for that supply and therefore will only ever be a low-fidelity version of the hard money archetype.

With the contractural money archetype the value is not instrinsic. Instead it comes from some contractual counterparty backing. No effort is needed and no limited supply as long as the contract is in place. For example a ticket for a Gold safe in Singapore draws its value from the contract of ownership, not from possession. Ownership is assigned.

So if you want to create coins backed by some other commodity, e.g. gold, silver, even securities like currencies or equities, then you need a type of blockchain who's design supports and adheres to the contractural money archetype and that's capable of issuing securities. This type of blockchain is also more suited to redistributive type protocols where there's some kind of equitable "allocation" planned other than simply those with most hashpower.

Dash is not such a blockchain. It's firmly of type-1 commodity money and no amount of bashing it around with "forks" or any other protocol modifications will change that.
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December 30, 2020, 08:49:14 PM
Last edit: December 30, 2020, 09:56:18 PM by qwizzie

Release Announcement: Dash Platform v0.17 & DashPay on Testnet
Source : https://blog.dash.org/release-announcement-dash-platform-v0-17-dashpay-on-testnet-13a85225902e



From an idea, to a concept, to code, to adjustments, to devnet & evonet, to a stable alpha codebase, to be released on Testnet.
This is an important milestone for Dash.

Quote
Testnet is the Dash network’s most formal testing environment, a critical stop on the path to mainnet. Releasing to testnet is important because the environment is
almost 5x larger than Evonet, which provides a better opportunity to test the platform at scale. This is the biggest deployment of Dash Platform, and consequently, this release
marks the most significant milestone in the realization of Dash’s long term vision for mainstream adoption.

Important Github release notes links that just came alive :

Quote

Lets all test the hell out of it on Testnet.

I am waiting on some instructions or clarification on how to test Dash Platform (or specific parts of Dash Platform) on Testnet.
The DashPay Wallet Dapp seems more easy to test, it has already an Alpha Program running through https://www.dash.org/dashpay-alpha-program/ and will be updated in the following days.

Quote
After a successful deployment to testnet, a new version of the DashPay wallet for Android and iOS will also be released to DashPay Alpha Program users in the following days.
This flagship application demonstrates the power of Dash Platform to facilitate industry-leading user experiences for cryptocurrency applications, ones that are visually indistinguishable from centralized offerings. These user experiences are facilitated by decentralized application data storage, an alternative to Amazon Web Services or Google Cloud Platform,
where user data is secure and not monetized for advertising profit.

The fastest way to lose money, is to listen to people that present their personal assumptions as facts
Learn from the past, set detailed and vivid goals for the future and live in the only moment of time over which you have any control : now
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December 31, 2020, 12:09:43 AM
Last edit: December 31, 2020, 12:48:01 AM by birdonthewire

You have a stable coin between your eyebrows and I do not suggest that by any means, I have already told you days before. It is absolutely evident that a Reserves strategy does not imply that any bank, for example, - which has usually assumed these strategies for centuries - does not aspire that its Gold Reserves are the only key to the growth of this entity, sería ridículo ...and it's hard to believe that someone interprets that like this. For me, everything is a question of proportions and in fact, there are no major differences from the approaches that DASH already adopts in its current model. I think it was quite clear, although at some time, in the run, perhaps he has explained little to me.

This comment is from almost a month ago.



- 20% Miners - 20% Mnodes (Both with a top in FIAT performance. The Mnodes, in addition to be guaranteed acceptable rewards, would enrich their assets in DASH - and both they and the miners would reduce sales incentives -)
- 20% Treasure
- 60% Donations to the DIF structure and custodied as Reserves in BTC and Gold . And of course a really profesional and absolutely transparent DIF .


When I refer to Reserves and to show a 1: 1 ratio in a fork that leaves from ZERO, I mean a discovery of "inalienable wealth" of the cap ... of some "minimums" that can never be extracted from the project by speculative movements . Really, it would be a partial endorsement. But even those Reserves would be understood to be subject to interesting investments for the benefit of the project (although with the established dogma that "The Mnodes do not optimize financing / investments", it would subject any movement to analysis of the utmost rigor ... and if those tests are not passed, the Reserves are fine where they are. And working while nothing is done ... but it is a good measure not to give away money - better than to dump it to particular benefits of the MNodes, as some suggest now -)

It could, in any case, be seen as a "Hybrid" approach, but never renounce fundamentals of the project such as technological development and others, which obviously would add value to the price defined by the pure accumulation of Reserves ... that would be ridiculous. I do not understand DASH without contributions to its development ... nor that development is worth ZERO. In fact, this "hybrid" strategy would be a very good claim for a "secured" investment in a currency that, in addition, obviously has other fundamentals, like so many other proposals in the crypto ranking.

It's a no-brainer, but just in case and seeing your perspective, I clarify it.


And, of course, I continue to maintain that a fork of those characteristics "nested or" linked "to DASH, would help to achieve greater rigor in the original project and would even invite support, otherwise, actions from that new approach - that his reservations, he could, of course, consider positions in Mnodes that would provide a more relevant collective voice in the "original" DASH -. And of course, from a much more inclusive project and representative of ALL its community from day one ... that would secure HODL positions in defense of the asset that today in DASH have simply been discarded due to contempt for the more modest holders beyond the Mnodes owners, which I have always considered an arrogant and unacceptable nonsense and greatly aggravates a Stock to Flow that at these levels of movement eat the price of the central asset by the foot ... which is absolutely terrifying to look at that chart.

 DASH IS THE VACCINE AGAINST THE NAKAMOTO´S CANNIBALISM* ( and its extractive virus, BTC ) 

*Parasitic growth system based on the transfer of wealth through speculative bubbles (the same old scam of the fiat global elite ...in a new format)

https://discord.com/channels/370148711088652288/660351836292775936/773522887616757770
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