I get it. You're new to the Dash party and you're wondering if you should still buy some, right? Clearly many of us get our attention piqued by a cryptocurrency that we see trading volume like crazy and it's value bumps.
I'm admittedly pretty new to Dash too, but I have to admit I really like what I see so far.
Obviously Dash is doing quite well lately, especially in the last 24 hours, but frankly there have been lots of non-hype related reasons to be excited about Dash and those won't change. Here are 5 of them:
- Dash created their Masternode feature a while ago that allows people with over 1,000 Dash be able to vote on important directives in the development of Dash as a currency. These people who are invested in the Masternode feature also get passive income on a regular basis by hosting and facilitating instant payments in the Dash pay ecosystem. There's really no other digital currency out there that offers this.
- Dash has real support of cryptocurrency ATM (CTM) companies that want to integrate Dash into the features of a un-banked teller machine. This expands the possibilities of what you can do with Dash, making it more practical than simple a vessel for remittances and cash-outs.
- Dash is fast. Wicked fast. Wicked private too. For those that pay a little extra bit of a fee, which goes to the Masternode group to facilitate such transactions, instant confirmations are possible with Dash.
- The fee structure of Dash's mining X11 algorithm incentives miners, Masternode holders and also goes (10% exactly) to a treasury, which makes a lot of sense in trying to build a solid and grounded business model. Everyone involved get their due share rather than just the miners. This just seems more sane.
- The way the rewards from mining get dolled out has proven a better model of governance than other digital currencies. Some digital currencies are too democratic. Others are too centralized. Dash is somewhere right in the middle.
Are there any other reasons that I missed why Dash seems only bound for steady and consistent success and growth?
*Disclosure, I own some Dash. I'm not a Masternode holder, a Dash CTM operator, nor do I mine Dash. I do not work for Dash (yet!).