RE: Women of Dash: A New Community is Born, My New Video Series
I luv it! Especially the ending!
I am a supporter of Dash, I like its governance model and the way the project is being managed, but wonder what will happen IF a split occurs in Bitcoin, which side of the fence will Dash go? I do have some doubts about Dash long term since its tied to Bitcoin so much. I kindof see that as its Achilles heel, at least in the long term. On the other hand I could also see Dash being Bitcoin's salvation long term, an evolutionary path that puts slow Bitcoin into to the backend while Dash builds a solid, fast front end. Ya gotta love that Amanda B tho, she's a real doll!
I was disappointed to learn that Dash's stealth (Private Send) is based on a coin mixing approach. The privacy that provides increases with the volume of transactions, but isn't absolute. When BitShares releases its stealth feature later this year it will provide true and absolute anonymity for those who want it.
I can see how privacy and anonymity are important, but I've always felt it was diametrically opposed to the idea of an open and public blockchain. For example, the vision of a guberment that might use a blockchain based digital currency as its national currency would be a tool that provides transparency to how the guberment spends revenue, a tool for accountability. You can throw that idea out the window if that blockchain had a "stealth" or "Private" system.
For businesses a privacy feature is considered to be very important to shield business transactions from competitors.
When looking at history, it is usually not the best technology that wins. The one that wins is the one that provides the most value to users. Dash is focused on mainstream adoption and its governance structure can pivot according to market needs, which includes technology improvements. In the future, it won't be up to the crypto specialists to decide which coin goes mainstream. It will be up to my mom.
Each coin community will have different offerings, so it's not a monocultural idea. Ethereum has its own use cases, so does Dash. Leadership becomes the most important aspect of these communities because without good solid leadership, communities, and along with it, funding dies out.
I couldn't agree more.
this is a fantastic point and is enticing me to buy more dash at its current price despite the negative i am currently in with my investment in it
Remember, it was not Friendster that took over the world even though it was one of the first social media sites to be invented. It is who does it best to give people features that they desire that wins out the market. EVERY TIME.