Let's say I have a stall at a farmers market where I sell my permaculture grown tasty food.
Demand is even greater than expected and I need some capital to expand.
Could I create a UIA 'farmstall' and then issue shares?
I am willing to sell up to 49% stake in my business so I send 51% of the shares to myself.
I then promise to get my customers to pay in bitAssets to a designated address that shareholders in my business can audit to check they are getting their fair share of profits.
Every week the profits are paid out to every 'farmshare' UIA.
To encourage customers to use bitshares I could offer to sell bitUSD from my phone to my customers so that they can pay to my auditable balance.
After selling lots of bitUSD I would then have a lot cash on hand that I could buy bitshares from the public with. So that at the end of every day I would be 100% crypto.
Even if no money is made on the spread I have solved the problems of cash storage, simplified my accounting, exposed new users to bitshares and attracted bitAsset sellers to my stall to impulse buy.
I understand that this might classify my stall as a money transmitter. Is there a way to get around this? Could I only buy/sell 'coupon' type UIA's that I then sell immediately for bitUSD on the DAC to get around this?
Instead of being a USD/bitUSD exchanger, become a USD/coupon(not money)UIA gift voucher exchanger. Perhaps this is another advantage bitshares has over bitcoin.
You can buy and sell numerous classifications of assets to get around legal troubles.
Is this a valid use case for BitShares?
If so, I think it would be good if we can have templates for how businesses can integrate and why they should