- Feb 7, 2017
- Dash Address
Yes a local Venezuela exchange would be great, however I don't believe the masternodes should fund another peer to peer exchange as we have two dedicated dash ones already. These exchanges we have should be promoted in Venezuela. Dashnearby.com and dashous.orgI am very interested in making a meaningful difference in the economy of Venezuela. And in fact, we are making meaningful progress and have a couple more proposals in the works that would also make a real difference.
We are funding monthly Dash seminars, specifically targeting local entrepreneurs. These are the people who will fix the Venezuelan economy. Every seminar has been packed. A larger venue has be rented every month, and still, more people come than anticipated. Thousands of entrepreneurs will have new tools to succeed and win in a very very difficult economic environment.
And, we very narrowly missed approving a local Bolivar/Dash exchange in the last budget cycle. 6 votes we missed it by. But that proposal will be back, and it will be improved and will likely pass. Ditto on the separate proposal for another local exchange. Once we have functional exchanges up where people can easily and directly convert the local crap fiat to a stable currency like Dash, then the magic starts to happen.
As correctly noted by Isobel C, injecting free money (even awesome money like Dash) into a damaged economic model like Venezuela almost universally has "unintended" bad consequences, and almost universally fails to fix the fundamental issue that caused the problem in the first place. Only by encouraging and facilitating people to start/run/grow businesses that deliver actual needed products and services, will we fix the underlying problems and make permanent and sustainable improvements in Venezuela.
So, by all means, continue to support the Dash seminars, and the Dash/Bolivar exchange proposals. I haven't had a chance to study the Venezuelan "help desk" prop, but that is likely also a legitimate way to push new life into the new economy of Venezuela.
I am not opposed to thoughtful charity, but I believe that should be left to the individual, not the Dash treasury system. That is not it's purpose, and it may do more harm than good. If it's a good/effective/clever proposal to market Dash more effectively in Venezuela, or start more Dash based businesses in Venezuela, or a better/easier Point Of Sale system that allows Venezuelan business to very easily accept Dash, I will happily promote those things with every ounce of strength that I have.
Spending money on building more of what we have is wasted money.