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Why it might be a fantastic idea for DIF to buy Tesla shares

When I read the headline that DIF is considering to buy shares in Tesla my immediate reaction was "This is silly - we should reserve our resources for investments which directly help DASH progress towards the 2P2 cash mission". I suspect many had a similar reaction.

But consider the question: What is DASH's main problem right now?

I'd argue that main problem is lack of attention - in particular from new people entering crypto.

And then it hit me - it is a real possibility (of course not certain) that DIF investments into TSLA could result in an avalanche of attention hitting DASH. Consider:

- TSLA has insane levels of attention right now.

- Tesla's (comparatively small) investment in BTC caused massive buzz in the both the traditional world and the crypto world - and arguably helped propel the BTC price above $40k. Ponder the fact that everyone who holds S&P500 (i.e. everyone) (via TSLA) now also owns BTC indirectly. That's massive.

- What's more ridiculous than TSLA buying crypto? Crypto buying TSLA!

- A decentralized P2P blockchain buying TSLA will almost certainly be irresistible to many mainstream financial media journalists - not to mention crypto outlets.

- With a bit of luck we could get serious eyes on DASH and several short-format interviews with e.g. Ryan to explain how it's even possible for a crypto to buy traditional equities and make such a decision. (Perhaps this is an argument to do a masternode vote on this move before doing it?)

- Any increased attention to DASH's unique DAO + DIF structure would be enough to propel DASH up at the speed of a SpaceX rocket - and then who knows - maybe Elon would see that DASH would be the absolute best crypto to use for payments for his upcoming robotaxi network. That would propel DASH to Mars with Elon's starship :-)

To me, the risk/reward ratio of this investment is great. Nothing ventured, nothing gained.

submitted by /u/minorman
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via Dash is Digital Cash https://www.reddit.com/r/dashpay/comments/lucx3i/why_it_might_be_a_fantastic_idea_for_dif_to_buy/

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