Dashs Ryan Taylor Believes Instant Cryptocurrency Confirmations Can Solve Volatility
Ryan Taylor, CEO of the Dash Core team, believes that instant cryptocurrency confirmations, such as those provided by Dashs InstantSend and ChainLocks, can help solve the persistent issue of market volatility as expressed on a recent episode of the Abra Money 3.0 podcast.Pretending to solve volatility through speed will only make merchants who accept crypto send them to the exchange in seconds, to ensure their fiat and avoid losing pennies on the transaction.
I have been immersed in the precious metals market for years, and nobody cares about the volatility of gold or silver, nor does anyone worry about taking those assets into fiat, since they have value in themselves.
If we pretend that Dash has its own value we have to give it to him, and the way is not to invite everyone to change it quickly for fiat.
We need the value of gold, but applied to an investment that has Dash's future perspective, with its innovations and its use in the market.
BTC is digital gold, no matter what 4TPS does, or that your fees go up, people trust BTC, and create alternatives to stabilize their volatility through stablecoins for those who want to use them.
If we intend that Dash be used only as an exchange and not as an end product, we will have lost the opportunity we have. We only have to make USDT for example fast and secure, merchants will accept it, and USDT USD parity will give them peace of mind.
Why Dash if there is already USDT?
Maybe if you look for that, it is better to create a stable coin based on Dash, and leaving the Dash token as a payment platform.
We would have a VISA or Master Card (Dash) ... and a stable coin (USD) ... because it seems that this is what we are looking for, and I don't know if it will be a good solution, because that's what these platforms are already for.
a greeting