ok now I am not sure if we agree or not...
Since everyone can call their coin bitcoin but the merchants will only accept the real bitcoin for obvious reasons then why this is different for bitusd? Everyone should be able to see and understand what they receive. Merchants should know if they accept bitsharesusd or musicusd or bobusd or bitstampusd or bankofAmericausd. So that's why I think both music and BTS should be called bitusd.
No they can't both call it BitUSD imo. MusicUSD will be backed by their shares.
BitUSD will be backed by BTS shares.
Everyone that buys MusicUSD makes Music shareholders money and increases their CAP.
Everyone that buys BitUSD makes BTS shareholders more money & increases our CAP.
So they will have different yield, collateral, liquidity etc.
If Music merges into BTS and our shares are backing the BitAssets then it's fine they're BitUSD.
Eg. Imagine I call my thing BitUSD but my BitUSD is at a range of $0.60. A store won't want to sell me a $10 product for 10 of those BitUSD. It doesn't want to figure out which one it is. Just like stores just accept Bitcoin not the 500 other coins. They don't want the job of figuring out how they're all different. Stores will accept the most popular stable liquid one. That one will be BitUSD anyone else with BitShares in the name or not trying to make a BitAsset popular is a competitor of my BTSX, soon to be BTS shares.
I want it to be 'BitUSD accepted here.'
As in BitUSD is the brand name of BTS. NXT can have a dollar asset like CoinoUSD, NuShares has NuBits. BTSX has BitUSD. BitShares Music of they go it alone has something else.