CRITICAL UPDATES: Stocks, Crypto, DASH, Debt, Fed, Dollar, Inflation, MORE! Mannarino
From Greg M
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DASH holders should ask how is this distributed ledger? It's a bank with authority being a collection of 4000 nodes but those nodes could be owned by 10 organizations. So it's a bank with 10 shareholders !!
Worse it's possible that all 4000 or so master nodes owned by a single company. Then it's a private bank owned by a single owner, that pays no interest , has no insurance, not a legal tender and price fluctuates. What BS. But people will buy. That's why I say don't think economy is weak. It's f*kin overheating beyond belief
Bitcoin bagholders watch as DASH takes off because Proof of Stack is better technology than Proof of Work that bitcoin uses. In fact Proof Of Work is a dead end. Period. 99% have no clue what that mean. They just buy.
It's very possible that Bitcoin keeps sliding here all the way to zero. Same will happen to Dash when a better technology or algo comes along and it WILL. That's how technology evolves making previous version obsolete and worthless.