Mark Mason Says “Dash Will be the PayPal of Legal Cannabis Industry”
A coordinator from Dash International Outreach (Dash-funded organization), Mark Mason, gave a speech at the Houses of Parliament in the United Kingdom during the various political debates about cryptos. The speech was all about Blockchain, its relation with Dash, and the features of the Dash blockchain.
Mason explained that Dash is an open source P2P digital currency that is focused on helping the payment industry with the new blockchain technology and that it offers a new form of money that can be inexpensive to use and faster than fiat currency.
Mark Mason further said:
“PayCent, offers a debit card that allows you to spend Dash anywhere, [where] Visa or Mastercard is accepted. Dash is available at 410- Dash ATM machines around the world listed on coinatmradar.com. You can buy Dash at 400 post offices in Austria with cash. You can buy Dash at 9000 Kiosks in Ukraine. Dash is available at 10,000 Spanish retailers.”
The company stated that Dash is one of the cheapest ways to make transactions that are really fast by today’s standards, being even more efficient than credit and debit cards.
“Dash will be the PayPal of legal cannabis industry”
Mason also talked about the cannabis industry and how is it related to Dash. He said that over 4,000 legal cannabis dispensaries, suppliers and distributors in the United States are already using Dash. He considered this exclusive agreement with the dealers as important by explaining that:
“Dash essentially will be the PayPal of legal cannabis industry”.
Mason told that a lot of unbanked people in America are already using Dash at the moment. They are making their digital payments 100% with the tokens.
He explained that how crypto can be a solution to inflation and cross-border payments. By taking an example of Venezuela, he said:
“Inflation in Venezuela is now above 40,000%. In the last month, over 500 merchants in Venezuela are now accepting Dash and this number is increasing daily.”
“I recently traveled to New Hampshire in America and I met a number of individuals that are unbanked and live of Dash 100%. However, I really want to highlight where Dash is helping those who need digital currency the most. Recently we have seen a big increase in adoption in Venice where central planning and central banking has failed and the country has suffered a severe currency crisis.”
Dash is a peer-to-peer open source cryptocurrency and an autonomous decentralized organization. Security is an add-on feature as transactions are confirmed by 200 TerraHash of X11 ASIC computing power and over 4,500 servers hosted around the world. It features instant transactions, private transactions and a self-funded, self-governed organizational structure.
At the core of DASH is a unique fully-incentivized peer-to-peer network. Masternodes are rewarded for validating, storing and serving the blockchain to users. Miners are rewarded for securing the blockchain. Masternodes represent a new layer of network servers that work in highly secure clusters called quorums to provide a variety of decentralized services, like instant transactions, privacy and governance. They eliminate the threat of low-cost network attacks.
Financial Information also remains protected. PrivateSend ensures that the activity history and balances of users are private.
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