I recently watched Roger Ver in this video, talking about BCH vs BTC.
Then I wondered. Dash already has everything that Roger wants to see in BTC. In fact Dash has more than that.
So why introduce a lesser Dash?
That was the question I posted on his video. Then someone answered this:
Dash is not decentralised system. Dash network use PoS principle, it uses centralised hubs, and it also has distinct group of people that call the shots and make decisions. Dash is certainly useful, but it does not have what Bitcoin Cash does, which is true P2P decentralised system.
I had to think about that for a while. Dash is not decentralized?
I think it is. It does have a distinct group of people calling the shots, that is true. But that group of people consists of well over 4000 people worldwide. They are mostly early adopters and anyone with enough funds can become a member of that group.
I think that is quite a bit more decentralized than the ECB, FED and what have you.
And talking about decentralization, there is a group of people who believe BTC isn't really decentralized anymore with these large mining farms calling the shots. (the bitcoin gold group)
The point is, decentralization is a matter of degree and perspective.
Then there is this question; who would be more interested in the success of a coin, miners or people who are heavily invested in that coin?
Miners can, and probably will switch to a different coin as soon as mining one coin becomes less profitable. So In my opinion they are less bound to a particular coin.
But if you have 1000 Dash invested, you will want whatever is best for that coin's success.
Look at all the debate going on around BTC, and the resulting forks.... I don't think that this works out very well. Every BTC offspring will inherit a part of the original BTC success until this gets so thin that other coins can take over.
Now compare that to how swiftly Dash can implement changes.
Based on just this, I think that if only one coin of all those in existence today will survive until 2025 it is going to be Dash, not BTC and not BCH. Simply because Dash can and will make all necessary changes.
What are your thoughts?