I should start by saying, I do not support the concept of masternode shares if there is no added service returned back to the network. If people want to acquire more dash or more dollars, there are far more profitable ways to do so than running a masternode. The only valid reason to earn dash with dash is capital gains. And if you're into dash purely for capital gains, there is less incentive to spend, which is counter productive to dash's mission.
To be cash you need to be part of an ecosystem that lets you earn, spend and save. If you're spending you're not saving, and if you're saving you're not spending. In other words, all three moving parts are necessary. Apologies if this sounds like I'm spelling out the obvious.
While much of the crypto industry is focusing on staking, dash is doing what I call forward staking. That is it to say, instead of waiting X time to earn Y%, then spending your "profit", dash is letting you spend that Y% right now, instantly, without having to wait X time. In effect, all Dash Direct users are "staking", they are forward staking.
This leads me to wonder, how much return ("savings") per person is being made when "staking" via Dash Direct? I believe the calculation is relatively straight forward:
I'm just curious to know @craymarshallg
If we were somehow to obtain those results from other gift card / voucher services, per crypto, we could create a far more valuable league table than simply saying "market cap".
Thoughts?
To be cash you need to be part of an ecosystem that lets you earn, spend and save. If you're spending you're not saving, and if you're saving you're not spending. In other words, all three moving parts are necessary. Apologies if this sounds like I'm spelling out the obvious.
While much of the crypto industry is focusing on staking, dash is doing what I call forward staking. That is it to say, instead of waiting X time to earn Y%, then spending your "profit", dash is letting you spend that Y% right now, instantly, without having to wait X time. In effect, all Dash Direct users are "staking", they are forward staking.
This leads me to wonder, how much return ("savings") per person is being made when "staking" via Dash Direct? I believe the calculation is relatively straight forward:
Total volume of savings via Dash Direct / Total number of Dash Direct users
I'm just curious to know @craymarshallg
If we were somehow to obtain those results from other gift card / voucher services, per crypto, we could create a far more valuable league table than simply saying "market cap".
Thoughts?