1 PTS Analogy Bounty for How BitShares X works to peg BitUSD to USD

[bytemaster]

3I is like a hatchery, it attracts seeds(new born DAC), gives them feeds(AGS) and helps them rise.

I like this analogy for 3I but does not address how BitShares X works to Peg BitUSD to USD.

[bytemaster]

Very Protoshares very AngelShares. Much Bitshares Much Money.

LOL

[bytemaster]

Decentralization is a form of Democracy, by owning shares you get a say and benefits.

Doesn't explain BitUSD price pegging.  The market is the ultimate democracy.

[barwizi]

Very Protoshares very AngelShares. Much Bitshares Much Money.

[ripplexiaoshan]

3I is like a hatchery, it attracts seeds(new born DAC), gives them feeds(AGS) and helps them rise. 

[wasthatawolf]

It is supposed to be like a future contact with infinite maturity.

This nailed it for me. 

[barwizi]

Decentralization is a form of Democracy, by owning shares you get a say and benefits.

[bytemaster]

Think about quantum entanglement. You can bind anything together and they doing the same. As example USD/EUR is entangled to BitUSD/BitEUR. So you get a old correlation in a decentralised environment.

Sorry for my bad english :D

I am afraid I cannot follow that analogy ;)

[Shentist]

Think about quantum entanglement. You can bind anything together and they doing the same. As example USD/EUR is entangled to BitUSD/BitEUR. So you get a old correlation in a decentralised environment.

Sorry for my bad english :D

[bytemaster]

Maybe we need an open analogy bounty.  All good analogies could then be used in any future marketing campaigns.  Not only could this lead to good marketing material but it would help encourage people on these boards to think about these concepts in new, creative ways.

We will award 1 PTS to every unique analogy or clarified analogy that we think provides new insight with fewer words.  We are the sole judge but will award this bounty liberally.

Analogies that I have used thus far:  The price is pegged by the same principles that peg a prediction market.  They are financial derivatives.  They are an IOU from the blockchain issued when a user makes a collateralized IOU to the blockchain.   It works just like a bank. 

Every creative, concise, and accurate analogy or clarification/rephrasing of one of my analogies has an opportunity to earn 1 PTS. 

We reserve the right for partial rewards as well.