Dash (DASH) News
“It was the best of times, it was the worst of times...”
We live in an exciting time. An economic revolution is unfolding before our faces, and we are directly shaping its outcome. Dash can play a significant role here. We are forging new methods of social governance and economy.
The stakes are high, which can lead to high emotions, both positive and negative. Right now we’re in a relative price and market cap/rank slump, which can lead to negativity and infighting. It can also lead to scapegoating. I recommend reading up on this phenomenon, the wikipedia article is a good start. I found the sections on “Scapegoat theory of intergroup conflict” and “Scapegoat mechanism” applicable.
The scapegoat theory of intergroup conflict provides an explanation for the correlation between times of relative economic despair and increases in prejudice and violence toward outgroups....
Scapegoating as a group necessitates that ingroup members settle on one specific target to blame for their problems. Scapegoating is also more likely to appear when a group has experienced difficult, prolonged negative experiences (as opposed to minor annoyances). When negative conditions frustrate a group's attempts at successful acquisition of its most essential needs (e.g., food, shelter), groups develop a compelling, shared ideology that – when combined with social and political pressures – may lead to the most extreme form of scapegoating: genocide....
In management, scapegoating is a known practice in which a lower staff employee is blamed for the mistakes of senior executives. This is often due to lack of accountability in upper management....
Humans are driven by desire for that which another has or wants (mimetic desire). This causes a triangulation of desire and results in conflict between the desiring parties. This mimetic contagion increases to a point where society is at risk; it is at this point that the scapegoat mechanism is triggered. This is the point where one person is singled out as the cause of the trouble and is expelled or killed by the group. This person is the scapegoat. Social order is restored as people are contented that they have solved the cause of their problems by removing the scapegoated individual, and the cycle begins again. The keyword here is "content". Scapegoating serves as a psychological relief for a group of people.
I’m not concerned about violence towards others (Dash isn’t doing that). But I am concerned about our management recently. We’d have fewer fires to put out if we just took personal responsibility — recognize our own faults/mistakes, and move on, instead of looking for psychological relief through scapegoating.
I say all this at the risk of becoming a scapegoat myself. I hope you all take this as healthy criticism, and understand that my motive is progress, avoiding continual recapitulation into cycles of unproductive scapegoating.
We have more potential than any other crypto project right now. Let’s not blow it.
“...,it was the age of wisdom, it was the age of foolishness”
Let’s be wise.
1) Company A, whose non-binding term sheet was signed by the DIF last week, has shared their Deed of Adherence and Articles of Association with us. Upon review of these documents and further discussion, we've now requested a call with them to ask more questions.
2) We held initial discovery calls with Company B and Company C last week. After discussion, we have:
Informed Company B that the opportunity isn't right for the Dash network at this time, but that we are open to discussions again when their Series A occurs next year.
Requested more information from Company C, which may be a good fit for the Dash network.
3) We have moved the vast majority of the DIF's reserves to long-term storage.
4) Cole Allen and Spencer Kuzara have been fully on-boarded and are now attending supervisory meetings. In just their first meeting, they each contributed new and valuable input to the DIF's operations. We are thrilled and grateful to have them.
|24h Low / 24h High||$68.96 / $70.66|
All time high
|All time high||$1,493.59|
|All time high date||2017-12-20 (one year ago)|
|Since all time high||-95.29 %|
|24 hours||0.67 %|
|7 days||-5.50 %|
|14 days||-3.68 %|
|30 days||-0.61 %|
|60 days||-24.74 %|
|1 year||-57.02 %|
|Merged pull requests||2325|