We were pretty bullish on pushing the referral system ourselves, but now we have no choice to back out from integrating it.
I don't see any reason why a kid using paypal would pay 80 USD and use this instead.
There are lots of things you can't do with PayPal. Their rules are very strict. For example, you can't gamble (among many other use cases).
BitShares can't offer blockchain based gambling either at least not in a way that benefits BTS shareholders because of the risk of losing the Chinese market.
But until the current financial system experiences serious problems again, much of the near term profit in crypto will be derived from areas such as gambling. (Over half the companies advertising on CMC/Coindesk these days seem gambling related. (
www.Vitalbet.com ,
http://www.dragons.tl/ ,
www.anonibet.com ,
https://www.betcoin.tm/circle/ )
BTS 2.0 would be ideal for this, it's very unfortunate that we won't be participating & profiting.
Hopefully we'll have a prediction market or some other applications from BitShares PLAY at some point.
Many BTC based bookmakers have large problems with BTC volatility and are required to hedge quite a lot, BitUSD would be ideal for them so hopefully we'll have some third party sites soon enough bringing in that market and increasing volume even if we won't profit from it directly.