Greetings,
2018 hasn't been a really good year for cryptocurrencies. Prices have plummeted and keep on plummeting in 2019.
But on the upside, prices are significantly lower from there ATH (all time highs) so it's a good time for investors to get a great risk reward on there investment.
In order for anyone to make an (Intelligent) investment they've got to understand the potential and use case of each investment. I've been in the crypto space for quite some time and haven't really gave Dash the time of day. I've focused on other currencies where I understand there path to market and use cases. The masternodes seem as a lucrative investment, especially in a bull market. But for me and I believe for many others that's not enough to make an Investment.
With this post I'd like to achieve pure facts with proof on dashes uses case compared to other crypto projects and to understand the mindset of the community around Dash.
The vision of 'digital cash' is great, but let's be honest what problem does Dash really solve that other currencies don't?
-When comparing transactions per second, dash is far behind XRP and Eos for instance and I don't see the potential of infinite scaling like Iota.
-When talking about privacy, again other projects like Monero outperform Dash.
-Transactions cost, again for example XRP has lower costs.
I'd like to hear from you (the community) how does Dash really plans to scale?What progress has been made? What's there plan to market? How much can Dash scale in terms of (transactions per second, fees per transaction, privacy, transaction speed...) ? Why would anyone use Dash as 'digital cash' when other currencies can be used in the same way?
The intention of this post is not to undermine Dash and the community, but to give up and coming investors facts with proof on why Dash is a good investment compared to other currencies.
P.S. I've posted this exact same post on Reddit. Got removed 5 minutes after posting.
2018 hasn't been a really good year for cryptocurrencies. Prices have plummeted and keep on plummeting in 2019.
But on the upside, prices are significantly lower from there ATH (all time highs) so it's a good time for investors to get a great risk reward on there investment.
In order for anyone to make an (Intelligent) investment they've got to understand the potential and use case of each investment. I've been in the crypto space for quite some time and haven't really gave Dash the time of day. I've focused on other currencies where I understand there path to market and use cases. The masternodes seem as a lucrative investment, especially in a bull market. But for me and I believe for many others that's not enough to make an Investment.
With this post I'd like to achieve pure facts with proof on dashes uses case compared to other crypto projects and to understand the mindset of the community around Dash.
The vision of 'digital cash' is great, but let's be honest what problem does Dash really solve that other currencies don't?
-When comparing transactions per second, dash is far behind XRP and Eos for instance and I don't see the potential of infinite scaling like Iota.
-When talking about privacy, again other projects like Monero outperform Dash.
-Transactions cost, again for example XRP has lower costs.
I'd like to hear from you (the community) how does Dash really plans to scale?What progress has been made? What's there plan to market? How much can Dash scale in terms of (transactions per second, fees per transaction, privacy, transaction speed...) ? Why would anyone use Dash as 'digital cash' when other currencies can be used in the same way?
The intention of this post is not to undermine Dash and the community, but to give up and coming investors facts with proof on why Dash is a good investment compared to other currencies.
P.S. I've posted this exact same post on Reddit. Got removed 5 minutes after posting.
