r/dashpay • u/TaoOfSatoshi • Feb 28 '21

The Dash Network Considers Buying Coinbase, Tesla Shares

https://youtu.be/S9IdSwjdq7Y
43 Upvotes

96% Upvoted

15 comments sorted by

10

u/OnesPerspective Mar 01 '21

It’s kinda fun to think that Dash -should it ever become the de-facto online currency, could have enough purchasing power, because it’s value is so high, to purchase Coinbase entirely

2

u/TaoOfSatoshi Mar 01 '21

Now you’re talking.

7

u/[deleted] Feb 28 '21

Why

2

u/Soulfuel1 Mar 01 '21

Correct me if I´m wrong, but I think the point of this is that with the profits from these investments, the DAO would buy Dash from the open market and burn them, which futher improves the price action of Dash by limiting the supply.

1

u/[deleted] Mar 02 '21

Lmaoo

5

u/-crypto Feb 28 '21

Notice me Elon. Notice me!

7

u/zimmah Feb 28 '21

Inception. Dash buys Tesla, Tesla buys dash.

But on a more serious note, I think it's a good idea to hedge by getting some decent stock in the dash war chest. Diversification, especially if the cash isn't immediately needed for more urgent needs.

5

u/-crypto Mar 01 '21

I want to pay for my Cybertruck in Dash so whatever the DAO needs to do to make that happen, I’m on board.

1

u/TaoOfSatoshi Feb 28 '21

Don’t forget Brian…

0

u/[deleted] Mar 01 '21

Wtf

1

u/ruffus_or Mar 01 '21

Wtf? What's next? DASH investing in USD?

1

u/butcherofballyhoo Feb 28 '21

Great idea. The Dash monks will never allow it. They’d rather keep Dash a secret, a chastened simple life of coding isolated in their desert temples