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RE: Crypto 101: Episode Next: The DASH Difference- What makes it unique, why everyone talks about it & why it's always a top Crypto
I have always had the impression that DASH master nodes setup is very similar to a MLM scheme, this is why I don't hold DASH, but I do trade it
It's nothing to do with MLM. The Masternode operators just get 10% of the mining rewards for the services they provide to the network, namely "instant send" transactions, "dark" mixing and governance through a voting mechanism. More of a Proof-of-Work / Proof-of-Stake hybrid model.
I can own 10 master nodes and buy additional master nodes with the 10% rewards, that's like a MLM scheme, as those who cannot afford to pay for master nodes are the ones who are paying for that 10%
you don't need to own 1000 dash to get masternode rewards. there are several trusted services you can use for as little as 25 or so coins.
even if that was not the case it would still not be a mlm scheme.
in the future there will be trustless interest bearing accounts as well.
looks and feels like a MLM scheme to me, maybe not to anyone else, but to me it does
i've been in dash for almost 3 years and have heard a lot of fud but never that it is a mlm scheme, that's a new one. i did use to hear haters say btc was a pyramid scheme way back in the day but i don't hear that much any more.
I am reading all the comments that come in on this here good and bad. I have heard others say DASH has it's problems.... but they all do I was saying down in the other comments where you are chatting also here about it.
if coinbase add DASH, then it wont matter what problems they have, but DASH being blocked from apple iphone may prevent it from being added to coinbase
I just learned today about these issues doing my research for this 00 except for last week -- I had learned about Coinbase looking at adding them and some other CC to their market.
I think you might be right on those counts Craig. I would bet DASH is added to CB. I am not sure why Apple is doing that to them.
Then again.... #Globalists lol
Apple is smart, they are not willing to "look the other way", that's why
I would bet coinbase adds Zcash, as Zcash is very corporate business friendly, one of the reasons zcash was created if for corporate entitties to have privacy with their blockchain tranactions
apple is not very smart, just look how they treated btc not too long ago. they also approved the DAO so they are still a bit clueless when it comes to crypto.
There's only a few cryptocoins that ARE allowed in iOS store apps. The issue isn't unique to DASH. (But they do allow OneCoin, which is a known scam).
thats why one coin is allowed, because it's no secret that is a scam, DASH was darkcoin before it was DASH, there is less transparency and much confusion about what DASH is or was,
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Hi there again.
How can I reach you privately, say by email. I have some DASH questions since you are pretty involved. Perhaps a simple opportunity also
I'm such a noob lol
Nesting/ had to reply here. Thanks for the input on this thread Craig. I appreciate the way you keep things simple when you know some of us are learning. I always appreciate that about you. Win the day brother.