Simeon II, I admire your optimism of BitUSD taking over BTC.
However, few notes:
1) Putting BitUSD on the exchanges would be a huge risk for them, as it will need to be backed by a collateral in BTSX. So when you hold a BitUSD position, you also need to have a big BTSX balance, to cover your position in case of a margin call. You can't really just hold a BitUSD position, without allocating desired BTSX to cover it. And the level of comfort with respect to margin call risk vary by each individual. So, I'm not saying it's impossible, it's just it won't be as simple as most picture it. In fact you will have to deposit BTSX on the exchange, and then the exchange would have to take and hold the BitUSD position on your behalf. At least that's how I understand it. Correct me if I am wrong. And of course they might change how it works by the time it's live (dry run 22? hehe) .
2) The strongest point BTC has is that it is now tied very closely with gateways to FIAT. Although still murky, regulations are starting to shape up, and big businesses are starting to use it. I'm almost certain no FIAT gateway, VC or public company would want to touch BitUSD, not for the foreseeable future. Actually let me rephrase that, they would LOVE to use it, but they will find themselves in a legal minefield and unable to find something within their comfort zone. May be that minefield will clear up with time.