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RE: Bitcoin Zimbabwe interview at Blockchain Summer School, the African take on Steemit, will Monero & Ethereum battle for #2?

in #steemit8 years ago (edited)

Greetings from a Baltimore escapee - I sent you some DASH bits to get your attention. I totally agree with your position on Steemit. The liquid STEEM was NEVER intended to be a speculative coin that would go up in value or represent a store of value. The opposite is in fact the case, but many traders missed the point and got burned. That’s not a reason to hate, and doesn't make it a scam. Tone is smart, but wrong about Steemit. STEEM POWER is the currency that stores value on the chain. STEEM is just inflationary crap used to facilitate liquidity in the system (similar to Federal Reserve Notes, i.e. US$). Also correct that Ned & Dan would like nothing more than others to take up the challenge and extend the platform using the tools that they have released into the wild. Regarding DASH: Why does DASH not get more respect when it comes to the privacy features? Lots of buzz about Monero and ZCash, and their technology works great, but DASH does the same thing. Difference may be DASH emphasizes privacy as the DEFAULT setting for ALL, not a weird feature to help navigate dark markets. If privacy is the default, people avoiding invasion of privacy or taking suspicious extra steps don't make themselves targets for investigation. The key to fungibility is mixing coins among as many ordinary users as possible - not mixing coins among as many drug dealers as possible. DASH may come out on top in the long run as other privacy-centric coins get smeared through negative associations. DASH also has instant confirmations, and they are working on an awesome new interface for 2017 called Evolution. If you’re looking for an up-and-coming #2, DASH may be the dark horse.

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Thanks so much for the Dash and the great comment! Too much hype for Zcash. As for Dash, there is a lot of FUD around it that deals with a possible pre-mine and rumors that it is not as anonymous as people make it out to be. Speaking of Tone Vays, he actually became quite suspicious of it after being a fan of sorts. Oh well. Dash probably has the best marketing plan of any crypto out there though. The Amanda Johnson investment was a very good one.
Take note that I replied to your comment here instead of on Youtube. Just trying to do my little part to help the people take over Steemit. I believe earlier today I got some people from Zimbabwe interested. I will have to wait and see about that. 1983 WORLD CHAMPS!