Merchants are already using Bitcoin. How many of them are experiencing double spend problems by accepting zero confirmation transactions? Almost none? If they end up losing 0.05% of income to double spend attacks do you think it's that big a deal? No. What they are excited about is not having to pay 3% transaction fees, and losing 5% in charge backs. 7% improvements are a big deal. 0.05% improvements hardly even register.
A business account with Bitpay cost 300$ / month that 3600 $ a year. With BitshareX this could be much much less. I'm pretty sure merchants will care about that.
User doesn't care about any of that. They just go to Circle and click the "peg to USD" button
Unless I missed something there is no "peg to USD", Circle is doing what Coinbase does, exchange between bitcoin and usd nothing much nothing less, yeah you may be able to use a credit card to purchase bitcoin that's about it.
Circle is a US company that offer 100% insurance on your found. A guy for China or Greece has no access to it . Circle is a company that can bankrupt like any other company, or can be closed bu the government, or if US dollars goes crazy well you are screwed, What users will do when they'll know there is a better solution out there and you can eliminate those risks ?
You seems to underestimate the power of bitAssets, there is nothing out there that can replace that. Now imagine if you tell a user, in your bank you can keep : 1 once of gold , 1 barrel of petroleum, 1/2 Google action, 1000 CNY etc., you can trade them when you want, you can sell them, you can do whatever, without the need to go on Stock Market, Exchanges etc and it is global and almost no fees. This has so much value even without yield.
Bitshare X versatility it is unparalleled because is decentralized and is universal(no Circle need it). Anything could be pegged that's extremely practical, imagine some things are only of interest in some country if there is enough demand you can put it on the market right way, with no wait.
If you invest in bitcoin you expect to make money if the price it goes up. If you invest in Bitshare X you can make money on so many ways.
Bitcoin stopped innovating a long time ago. Bitshares X is just getting started.
And yes P2Pool could help Bitcoin but very unlikely to happen :
https://blockchain.info/poolsSo yeah we don't really know how all will pan out but I believe there are enough advantages in favor of Bithsare X that, even for ignorant user perspective, are enough to make it more attractive then bitcoin ecosystem.