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I'm not so sure...

camosoul

Well-known member
https://blog.dash.org/dash-core-group-is-sustainable-5e6e1e877ad3

It's dreamy to refer to the market bubble as temporary, or devaluation, etc... But reality is that there was no legitimate reason for the price surge, and anyone with an IQ above dirt knew it would go back down, hard.

We're observing a large-scale repeat of the sh!tcoin surge that occured shortly after LTC was created. Anyone with a gimmick and a pocket full of lies could be "the next Bitcoin." Mass adoption combined with malicious government regulation led to a mass influx of fresh meat with which to perfect and repeat the same scams.

The article about Bitcoin maximalism being suicidal almost hit the nail on the head.

Ryan's cmentary misses the mark because it fails to acknowledge that DASH is still a small dinghy floating on the tide of other projects; which are doomed.

It's nice that a bunch if people have offered to work for free or reduced pay. But, that sucks. I'd rather they get paid... Which means the non-coding parts of DASH seriously need to step up. The coders have set a standard that the business and integration people are not even close to matching.

You need to stand on your own feet. You need to bring retail integration NAOW!

This isn't a passing season. The surge was a fake bubble. There's no telling how much lower the market you're riding will go, or how long it will last.

You need to exit the market. Be your own tide. Don't wait for the sh!tcoin maximalists to commit suicide, you need to savagely murder them.

You need to take what you've got and make the move you've been failing to make for several years now.

Pulling the belt tighter gets old fast. And it looks bad that everyone has to work for free because the project can't feed it's own. This should be the focus. The BizDev and integrations need to sack up, or you're going to die just the same, just more slowly.

You can't play defense or hide in perpetual development-phase. Eventually, you have to put on pants, find a shirt that doesn't stink too bad, go outside and do something with your creation.

This Alt36 and Venezuela stuff is cute, but you need something grown-up, or this "winter" is going to be an "ice age extinction event."

There was absolutely zero reason for the surge. There is even less reason for a second surge. Waiting for the rest of the market to have some rebound, when there's no reason it would, only proves you're still not taking yourselves seriously. Why should anyone else? You're counting on the maximalists of doomed cult projects to raise your value for you?

Raise your own damn value.

DO SOMETHING!
 
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Frankly, there's a hardcore of people (such as myself) that are in this for do-or-die. It's either 100 or 0 and I don't give a damn what the banks or governments do. On a technical level, dash is a better bitcoin and it didn't break, only getting better.

Imo, the Venezuela Story is more than cute. We're potentially looking at the catalyst for the whole of South America. But I sympathize with your sentiment, this is far from a done deal. We need to knuckle down and let Venezuela share top priority along side technical excellence.
 
This thread looks like it could be interesting.

Maybe, instead of asking "why should Venezuela use Dash ?", the question should be "why should Venezuela use cash ?".

I've been thinking about this quite a bit lately and come up with some thoughts.
Basically, crypto is a synthesised monetary asset. As such the successful ones should be based on some kind of real world archetype that's already known to work. There are in fact very few, of these namely:
  • monetary metals
  • cash
  • credit (account based money)
  • vertical tokens (sector specific e.g. BitTube, Steem etc)
Those are the pure monetary ones that hold everything else up (see "Exter's pyramid" - scroll down). In addition we can add a couple more to cover the smart-chains:
  • computing platforms
  • settlement vehicles
  • equities
Let those be 1 dimension of analysis by which we can categorize every asset on coinmarketcap.com (i.e. we can work back to the archetype by observing each synthetic asset's design parameters). Now lets overlay those groups (at least the tokenised form of each asset) with the 3 primary use cases of money which will effectively give us 21 potential "hard" categories:
  • store of value
  • means of exchange
  • unit of account
Most monetary commodities & assets fulfil almost exclusively the "store of value" use case. e.g. Gold bars, silver coins, stamps, fine art. None of these find significant use nowadays as either a means of exchange or a unit of account.

Meanwhile, the credit money of the fiat system finds use EXCLUSIVELY as a unit of account. There is no commodity associated with it any longer, even though they linger on in the currency titles ("Sterling", "Peso", "Dollar" etc). It's simply an arbitrary unit for denominating quantities of credit.

Cash and vertical (market specific) tokens are the only ones that function as all 3. Store of value, means of exchange and unit of account. That is one reason why "regular folks" may want to use cash - because it's something they can spend, hold, value costs with and that doesn't loose its value.

Now lets look at the various archetypes themselves and their significant characteristics which ideally need to be carried forward into their synthetic counterparts. To do this we need to have recourse to the age-old acknowledged characteristics of money and see how each archetype gives priority to distinct monetary properties to deliver its optimal "service".
  • mobility
  • fungibility
  • divisibility
  • scarcity
  • durability
Archetypes

  • 1. Monetary assets:
We already observed that these operate primarily in the store-of-value role. So fungibility, mobility and divisibility are de-prioritised in favour of scarcity and durability. This is the case, for example with gold nuggets, fine art, diamonds and even (nowadays) metal coins - since these are generally only fungible within a particular family (for example canadian maples). There is fungibility to a degree because metals can be melted down to erase their historical form and take up another.

Within the cryptocurrency class, bitcoin certainly follows this archetype very well. Its blocktime corresponds to its exchange time - a reasonable one for such an asset class. It is also divisible and has enough fungibility to function well as a monetary asset without de-prioritising its main role - that of storing value.

Significantly, this class can serve as a "backing" for derivative vehicles. For example when we put our money in the bank, a "derivative" form of it appears as a digital balance in our bank account which can then be transferred to someone else's account without them actually having to be present in order to receive the exchange in person.
  • 2. Cash
Cash ideally inherits all of the store-of-value attributes from the previous monetary asset class, but places a much higher priority on 3 of the above properties:
  • mobility
  • divisibility
  • fungibility
In addition, when we look at how cash operates in the real world, we can also see 2 further aspects that characterise that archetype, and show us how those monetary properties are supported:
  • immediacy of exchange
  • transparency of the medium (the "notes" can be inspected by both/all parties)
  • continuous supply recycling
The last of these works by consolidating coins and notes in the cash drawers of merchants (mixing
inputs from different customers) and then again at banking branches (mixing inputs from different merchants) before being redistrubuted into circulation.

Characteristics of the Real World Cash Monetary Archetype
eQeTOMY.png


One other significant aspect of cash, is that its value coincides with the medium. What I mean by that is that the value is in the actual token being exchanged and not somewhere else, so by definition, the authentic archetype excludes account-based trading.
  • 3. Vertical Tokens
I'll leave these aside for the moment as they only apply to specific commercial markets. In Tom Luongo's article above he refers to these as "utility tokens".

Implementation
Given than bitcoin was the reference implementation for a "reasonably" fungible, mobile and divisible synthetic monetary asset, the question then arises of how to evolve this archetype into an authentic implementation of cash. Given that the transparency requirement is already met by bitcoin (all parties can see the same blockchain attributes), we need to meet 3 additional archetypal requirements:
  • the "immediacy" of the exchange
  • the supply recycling model
  • the native medium requirement (no account based trading)
ALL of these three are an issue for blockchains. First of all, blockchains work in blocktime, not realtime so there is no inherent support for instant transfers. Nor do they have any native mixing features in the standard bitcoin implementation - mixing is purely organic arising from use. Finally, the requirement that even small transactions be carried out using the base money supply gives them a technical scaling challenge that the other asset classes don't have (since they can benefit from account based trading).

Solutions
There are only 3 ways to solve the "immediacy" requirement in a blockchain:
  • tighten up the blocktime so it approaches zero
  • use the mempool and consider such transactions secure enough
  • decouple the blockchain protocol on-chain so it has 2-tiers: one that functions in blocktime and the other that can function in realtime
The first two of these solutions are clearly not very satisfactory since 1 is in conflict with the integrity of the mining protocol and the other is in conflict with the double-spend risk.
However, what's interesting about the third of these is that the decoupled protocol can ALSO address the supply recycling (mixing) requirement of the archetype - and this is the course that Dash has taken.

Conclusion
So we can conclusively make the case that Dash - being the first in the world of masternode oriented, pure currency, mined chains - qualifies as an original in a distinct class of synthetic assets. It authentically implements the key aspects of the cash archetype in a way that its "competitors" (I don't include Bitcoin in that group but, say Litecoin, BCH, Doge etc) do not.

IMO we need to therefore refer BACK to the archetype for the use cases. Why do/did people use cash ? (As distinct from credit/debit cards). How do they get it ? Where do they spend it ?

If we go back a bit in time, cash was metal coins so it held its value in addition to being a transactional medium. Getting it into people's hands easily is therefore a major milestone to reach. Some other way than exchanges hopefully.
NU7PhR4.png
 
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P.S. sorry, camosoul, I didn't mean to hijack your subject. You just sparked me off.

I agree with you that focusing on real and practical milestones that are consistent with Dash's original objectives is important. That's why I posted this because - given that our archetype is distinct from everyone else's - we can't just be doing what everyone else is doing. "They" are trying to get adoption from money markets and hedge funds. Dash is targeted at real world use so that can only mean one thing - some means to "load up" that's available everywhere and some means to "unload" that's available everywhere. ATM's fiat bridges, bartering bridges, merchants and train stations.

Realtime vs blocktime is one of the pressure gradients along which adoption has to flow. Spendable savings is another (Most savings are tied up in stocks, bonds and commodities). We also need to emphasise that Dash is one of only 6 pure currency, mined POW assets in the top 20. These form the base of Exter's Pyramid and therefore the "store of value" for the entire ecosystem, so things are not as bad as they may seem. Even Doge has survived to acquire membership of that club. Pure monetary asserts are great and always outlast the utility tokens (just take a look at UNO performance against BTC lately), so I think we have more time on our side than you may give credit for in your post.
 
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P.S. sorry, camosoul, I didn't mean to hijack your subject. You just sparked me off.
Sparking useful, intelligent conversation was the point.

No hijack detected, working as intended, no appology needed.

Working on my follow up to your commentary, but a bit busy at the moment.
 
Just to add - a crucial component of the whole system (IMO) is facilities like Kuvacash's merchant hedging system. This lets merchants hedge against adverse exchange rate exposure between their Dash "store of value" and their local currency. In Venezuela this isn't such a problem because even with Dash's depreciation against the USD, it has still appreciated against the Bolivar. But in general, the more liquidity and entry/exit points, the better.
 
This thread looks like it could be interesting.

Maybe, instead of asking "why should Venezuela use Dash ?", the question should be "why should Venezuela use cash ?".

I've been thinking about this quite a bit lately and come up with some thoughts.
Basically, crypto is a synthesised monetary asset. As such the successful ones should be based on some kind of real world archetype that's already known to work. There are in fact very few, of these namely:
  • monetary metals
  • cash
  • credit (account based money)
  • vertical tokens (sector specific e.g. BitTube, Steem etc)
Those are the pure monetary ones that hold everything else up (see "Exter's pyramid" - scroll down). In addition we can add a couple more to cover the smart-chains:
  • computing platforms
  • settlement vehicles
  • equities
Let those be 1 dimension of analysis by which we can categorize every asset on coinmarketcap.com (i.e. we can work back to the archetype by observing each synthetic asset's design parameters). Now lets overlay those groups (at least the tokenised form of each asset) with the 3 primary use cases of money which will effectively give us 21 potential "hard" categories:
  • store of value
  • means of exchange
  • unit of account
Most monetary commodities & assets fulfil almost exclusively the "store of value" use case. e.g. Gold bars, silver coins, stamps, fine art. None of these find significant use nowadays as either a means of exchange or a unit of account.

Meanwhile, the credit money of the fiat system finds use EXCLUSIVELY as a unit of account. There is no commodity associated with it any longer, even though they linger on in the currency titles ("Sterling", "Peso", "Dollar" etc). It's simply an arbitrary unit for denominating quantities of credit.

Cash and vertical (market specific) tokens are the only ones that function as all 3. Store of value, means of exchange and unit of account. That is one reason why "regular folks" may want to use cash - because it's something they can spend, hold, value costs with and that doesn't loose its value.

Now lets look at the various archetypes themselves and their significant characteristics which ideally need to be carried forward into their synthetic counterparts. To do this we need to have recourse to the age-old acknowledged characteristics of money and see how each archetype gives priority to distinct monetary properties to deliver its optimal "service".
  • mobility
  • fungibility
  • divisibility
  • scarcity
  • durability
Archetypes

  • 1. Monetary assets:
We already observed that these operate primarily in the store-of-value role. So fungibility, mobility and divisibility are de-prioritised in favour of scarcity and durability. This is the case, for example with gold nuggets, fine art, diamonds and even (nowadays) metal coins - since these are generally only fungible within a particular family (for example canadian maples). There is fungibility to a degree because metals can be melted down to erase their historical form and take up another.

Within the cryptocurrency class, bitcoin certainly follows this archetype very well. Its blocktime corresponds to its exchange time - a reasonable one for such an asset class. It is also divisible and has enough fungibility to function well as a monetary asset without de-prioritising its main role - that of storing value.

Significantly, this class can serve as a "backing" for derivative vehicles. For example when we put our money in the bank, a "derivative" form of it appears as a digital balance in our bank account which can then be transferred to someone else's account without them actually having to be present in order to receive the exchange in person.
  • 2. Cash
Cash ideally inherits all of the store-of-value attributes from the previous monetary asset class, but places a much higher priority on 3 of the above properties:
  • mobility
  • divisibility
  • fungibility
In addition, when we look at how cash operates in the real world, we can also see 2 further aspects that characterise that archetype, and show us how those monetary properties are supported:
  • immediacy of exchange
  • transparency of the medium (the "notes" can be inspected by both/all parties)
  • continuous supply recycling
The last of these works by consolidating coins and notes in the cash drawers of merchants (mixing
inputs from different customers) and then again at banking branches (mixing inputs from different merchants) before being redistrubuted into circulation.

Characteristics of the Real World Cash Monetary Archetype
eQeTOMY.png


One other significant aspect of cash, is that its value coincides with the medium. What I mean by that is that the value is in the actual token being exchanged and not somewhere else, so by definition, the authentic archetype excludes account-based trading.
  • 3. Vertical Tokens
I'll leave these aside for the moment as they only apply to specific commercial markets. In Tom Luongo's article above he refers to these as "utility tokens".

Implementation
Given than bitcoin was the reference implementation for a "reasonably" fungible, mobile and divisible synthetic monetary asset, the question then arises of how to evolve this archetype into an authentic implementation of cash. Given that the transparency requirement is already met by bitcoin (all parties can see the same blockchain attributes), we need to meet 3 additional archetypal requirements:
  • the "immediacy" of the exchange
  • the supply recycling model
  • the native medium requirement (no account based trading)
ALL of these three are an issue for blockchains. First of all, blockchains work in blocktime, not realtime so there is no inherent support for instant transfers. Nor do they have any native mixing features in the standard bitcoin implementation - mixing is purely organic arising from use. Finally, the requirement that even small transactions be carried out using the base money supply gives them a technical scaling challenge that the other asset classes don't have (since they can benefit from account based trading).

Solutions
There are only 3 ways to solve the "immediacy" requirement in a blockchain:
  • tighten up the blocktime so it approaches zero
  • use the mempool and consider such transactions secure enough
  • decouple the blockchain protocol on-chain so it has 2-tiers: one that functions in blocktime and the other that can function in realtime
The first two of these solutions are clearly not very satisfactory since 1 is in conflict with the integrity of the mining protocol and the other is in conflict with the double-spend risk.
However, what's interesting about the third of these is that the decoupled protocol can ALSO address the supply recycling (mixing) requirement of the archetype - and this is the course that Dash has taken.

Conclusion
So we can conclusively make the case that Dash - being the first in the world of masternode oriented, pure currency, mined chains - qualifies as an original in a distinct class of synthetic assets. It authentically implements the key aspects of the cash archetype in a way that its "competitors" (I don't include Bitcoin in that group but, say Litecoin, BCH, Doge etc) do not.

IMO we need to therefore refer BACK to the archetype for the use cases. Why do/did people use cash ? (As distinct from credit/debit cards). How do they get it ? Where do they spend it ?

If we go back a bit in time, cash was metal coins so it held its value in addition to being a transactional medium. Getting it into people's hands easily is therefore a major milestone to reach. Some other way than exchanges hopefully.
NU7PhR4.png

The issue is vertical tokens are heavily segregated to their own vertical markets.

That segregation is the cryptocurrency problem.

It's a bit like buying a lottery ticket and store-specific pre-paid gift card in one. You can only use it in certain places (which is more of an adoption issue, yes, but it still causes the problem), and it could be a winner or it could be a loser by next month. If you could lose everything you "loaded" onto the card before you get to use it... If it goes up, the government decides to implement regulatory fraud to get a cut of the tulips... You're damned if you do, damned if you don't. Whether it be DASH's fault or not, this reality exists. Which means you need one hell of a carrot, or one hell of a stick.

This is part of why I've been barking against the Alt36 project. This vertical isolation and market segregation by political prejudice. There's a very very low risk industry that has been fraudulently and artificially marked as high risk by abusive political factions; guns. Firearm retailers have the lowest risk of chargebacks and fraud of any industry ever, due to the onerous government paperwork one has to partake of before the transaction can even move forward. They have a hard time processing payments because politically motivated banks and lying government spread propaganda and cut them off. Cryptocurrency was meant to bring an end to this kind of evil behavior, bu instead, DASH joined in with it! We see the same thing happening with YouTube, Patreon, PayPal, etc. Using politics as an excuse to defund and suppress anything they have an ideological hatred for. Firearm sales are the lowest risk transactions there are. But, would Alt36 support them? Hell no! They're part of this ideological perversion. You agree with the extreme left's agenda, or get lost. I, and several others, experienced this same prejudice within the DASH project. DASH was abusing those who reject the sickness of the extreme left well before the rest of silicon valley's evil neo-marxist empire. DASH went out of it's way to be the most anti-business entity thus far conceived by man. They seem to have reformed themselves a bit. But the stain remains; where are you going to use it? Venezuela is an interesting move because it is an environment where the sick lie of marxism has proven it's failure, yet DASH at large is still marxist itself... DASH gets to be carrot, and the environment itself is the stick. It takes an extreme environment like Venezuela to overcome that dichotomy. It took both extreme stick and extreme carrot at the same time to find the one place and tie where DASH could get traction. This doesn't exist anywhere else. Most of this was not caused by DASH, but the point being... There is already a fire burning that is preventing your adoption; why pour gas on it by making yourself into ideological cancer? Why take a near-impossible task and make it even harder by grafting unrelated political perversions into your organization, which are proven to be bad by the one place you manage to get traction? It's because of the spectacular failure of these very same political perversions that you're getting anywhere in Venezuela, yet you continue to espouse them...

Right now, DASH is ideological cancer limiting itself to very narrow sectors that agree with it's neo-marxist ideology.

If you didn't notice, vertical = narrow.

Vertical doesn't actually prop up anything... It depends upon exclusivity which can be enforced by artificial scarcity. DASH hasn't got the option to enforce artificial scarcity and force people to use DASH. DASH is supposedly opposed to this very thing... Yet, is holding itself back needlessly... When businesses see this propensity for neo-marxism, they back away.
 
I tried to edit and expand a few point on the previous post, but it was dumped by a forum post character limit... Likely imposed by the censorship squad because it is significantly fewer characters than another post in this thread. There's a lot of good information that just went down the toilet because of the extreme leftist agenda... But that's the point, isn't it? All ideas that you don't like must never see the light of day..

The vending machine is a perfect example. I was in the middle of making significant improvements, at my own expense, when it was unilaterally decided that I wasn't communist enough to be trusted with it.

Where is it now? Last I heard it was in a sad state of disrepair. Does it even exist?

The self-appointed "Right People" who tow the leftist political line got their hands on it, and it all went to hell. Just like Venezuela. When mindless ideology that opposes fact and reality is more important than fact and reality... As with Venezuela, so with the Vending Machine.

Why was I in the middle of making upgrades to it at my own expense, without telling anyone? It was never going to happen any other way. Any proposal was immediately shot down over "There might be a profit, how do we redistribute it back to the masternodes!?" The marxists clowns (including Evan) immediately began imagining some vast vending machine empire, whose very existence was owed to the MasterNodes who didn't vote for it. Worst, that wasn't even the real point they wanted to make! The thing they harped on was that a successful business might come out of it, and successful business is the devil. Even imaginary success that has no chance in reality of actually happening, that nobody even wanted to do (because it's not feasible), had to be destroyed before it could even get started! those how rabid the anti-business neo-marxist mindset of DASH is. What business wants to be involved with such an absurdly anti-business entity? Much less, put such an entity in charge of their money!

The vending machine was put in the charge of mini-Maduros, taken from the competent people, and now it sits busted and forgotten. Mostly because nobody wants to be reminded of how they screwed over the good people that created it in the first place, and in turn, screwed themselves out of it. The same as Venezuela's oil resources.

The people declaring themselves ideologically correct are not only wrong about that, but wrong about pretty much everything else, too.

They still permeate DASH. DASH can't succeed as long as people like this are in charge. Well, no. As long as the people in charge of DASH espouse the same ideas that destroyed Venezuela, DASH will be adopted only out of desperation, in places which have been destroyed by someone else using those same ideas. DASH has repeatedly shot itself in the foot over perverted political ideology, and sane business owners don't want that.

A tenuous language barrier is all that is preventing the people of Venezuela from discovering that DAHS's leadership is an even worse version of what they're trying desperately to recover from... DASH's heads are so steeped in communism that they can't speak without exposing it. They don't even realize they're doing it.

Ryan's recent article about weathering the bitcoin winter exposes several linguistic cues that he just doesn't get it... "Holding out" and "Having a buffer" are the words of someone who has never dealt with this before, and has no idea what to do.

Trimming the fat shouldn't occur only when finances force the move. Why was there fat to begin with? He says they didn't expand, yet, uh, cutting back on the expansion... Many people offering to work without pay?

That's nice, but holy crap, not one mention of the most obvious thing; get more money so you can pay people! It's as if the notion doesn't even cross his mind. This is a serious, huge red flag to any adult.

You've described only how you are going to bear the problem for a little while. What are you going to do to fix the problem? Buffer is not forever. This isn't the passing of seasons or days. The Sun isn't going to rise unless you make it rise. But not one word to that effect. and, worse, a lot of words suggesting you don't even know this is a thing you need to do...

DASH has been riding on the tide of other projects. Projects which were doomed to failure. This knowledge being the very reason why DASH was created! You need to supplant the sh!tcoins. Depending on someone else's tide to fund you isn't going to work anymore. But, Ryan actually defers to this, as if DASH intends to remain a life raft on turbulent seas. Find the bottom, wait for the rest of the market to go back up, and ride that some more... The idea of standing on one's own two feet is completely missing.

Why would the rest of the market go back up? It hasn't innovated. There was no reason for it to have gone up in the first place. No developments. No advancements. It was pure Tulips. We knew BTC was outright refusing to fix it's defects ages ago (which is why DASH was invented), but a bunch of get-rich-quick fresh meat didn't, and still don't have a clue that BTC/BCH/SV hashpower can't affect DASH. They don't even know what it means. They're just idiots ouija-boarding abbreviations. They haven't the first clue why ChainLocks matters... These people still haven't come to terms with legacy problems that DASH solved so long ago its been forgotten here. But, you're still putting your budget in their hands...

These people have to fail (and will) for DASH to succeed, but you keep betting on their success to fund your project... While their failure is inevitable, your success is not. If you refuse to stand on your own two feet, which is caused by your ideological perversion, you'll go down with them instead of replace them.

...which you are currently doing.

Your ideological perversion has artificially isolated you to very narrow, vertical markets. Once you get typecast as this, it's hard to break that mold. Walmart i never going to integrate "pothead coin." "DASH? I heard they're the one the drug dealers are using" You think Macy's wants that associated with their brand? This is adding another barrier to adoption on top of an already very difficult path. The only thing stopping the people on the ground from discovering that DASH's leadership is Maduro 2.0, is a not-very-difficult-to-overcome language barrier. If not for that, DASH wouldn't be spreading in Venezuela, and would have the same "DASH IS SJW CANCER" stigma it has in predominantly English-speaking areas.

For someone so obsessed with the exact shape of the DASH logo, you'd think you'd understand that DASH is branded money... While my $20 bill might be agnostic, DASH isn't. The alignments you're making are painting you into a corner, and you've survived, so far, on pure dumb luck. You're being shot at by a half dozen armies with thousands of guns, and somehow, they not only managed to miss you with every single bullet so far, you don't even realize it's happening. None of what has contributed to your survival so far has been your own doing. It's painfully clear that you still aren't even aware of the situation you're in. It's good to keep your heads down and work, but holy sh!t, son! Pay attention!
 
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Case and point; here's @tungfa bragging about DASH (DashPay) being "pothead paypal."
one article mentioned dash as the “paypal for the marijuana industry”
(featuring alt36)
that’s where this came from
DASH should be avoiding this typcasting of their brand, not courting it.
Do you think Shell or McDonald's want to associate "pothead paypal" with their brands?
What inroads with KFC or Subway have you made in Venezuela, will be lost when they find out?
Get woke, go broke...
You're bringing this upon yourselves and you're too smug and arrogant to realize it's self-destructive...
There's virtually no business that wants the "pothead paypal" brand associated with their brand.

You need just one ubiquitous name adoption. Something everyone sees and does. Not "marketing,"

Tops. Tesco. Publix. 7-eleven. Texaco.

A retailer in a category pretty much everyone uses. A grocery store. A gas station. A convenience store.

None of those businesses want to sign up with "pothead paypal."

A lot of the ones you've already gotten on board will likely change their mind when they find out because you're depending on a language barrier to keep them ignorant.
 
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Dash is targeted at real world use so that can only mean one thing - some means to "load up" that's available everywhere and some means to "unload" that's available everywhere.
Wrong.

They need to be able to load up pretty much anywhere, but nobody has a need to unload. They have a need to spend.

They "load up" their pre-paid card, but then they go into stores and spend it there.

As long as DASH insists on alienating itself by aligning with the politically toxic, this will never happen.

DASH's own obsession with anti-business neo-marxist BS political poison has become it's own barrier to entry.

Even left-leaning companies such as Target recognize their own cognitive dissonance, and would never do business with themselves...
 
Look what Patreon just did by cutting off people who dare to speak ideas that Patreon hates.

DASH has been acting like this from the very beginning.

Even people who have not yet been abused by Patreon are looking for alternatives because the politically prejudiced cannot be trusted. DASH is exceptionally politically prejudiced. You never know when they're going to turn on you, like DASH and it's heads did to me and anyone else who tried to get a payment gateway system off the ground for the last 4 years. Oh, except for the potheads... Because they agree with the neo-marxist nonsense...
 
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My apologies for not making the a more organized single post. The forum seems to have special rules for me that cause a lot of formatting and editing trouble, being a thought criminal and all...
 
The main reason Dash is floundering IMO doesn't have anything to do with "ideology". It's that it has marketed itself as a "payments system" when it's missing the one thing that all payment systems support - currency agnosticism.

It is in fact a store of value just like bitcoin, except it's a bit more fungible and it has instant transfers. So it's ahead of its time and requires the commercial playing field for "electronic bartered trades" (which is what payment with a crypto is) to grow. That's what Ryan Meant by "Holding out" I think.

Also, if you think that "Alt36" is going to put off other industries from adopting Dash, then maybe we should try porn ! That's usually the indicator of choice in terms of identifying winning new technologies ;)
 
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Perhaps you're assuming the US will be a first class country in 20 years time.

We are at the beginning of a major restructuring. Imo, the US, UK, France and more are increasingly paralyzed; the wishes of government officials increasingly at odds with the people at large. Where will Iran, Venezuela and others be in 20 years? I don't think the status quo you talk about will exist then.

Forget the non-verticals. Let's get Venezuela done and dusted. For me, my fear is that dash gets too confident with Venezuela and something slips. I want nothing left to chance, we need to take every corner of Venezuela, for then we can sweep the entire south americas. But first, we need to get these merchants paying their employees in dash. For me, everything else is a side show.
 
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