https://steemit.com/bitshares/@tianlai/bitshares-s-evil-plan-for-cryptocurrency-world-domination

original written by @tianlai in Chinese: https://steemit.com/bts-disneyland/@tianlai/6en9au
translated to English by lyfeng:   https://steemit.com/@lyfeng
The title borrowed the statement: Steemit's Evil Plan for Cryptocurrency World Domination by @dan: https://steemit.com/steem/@dan/steemit-s-evil-plan-for-cryptocurrency-world-domination

I Introduction

BitShares 2.0 is the first industrial-grade decentralized platform built for high-performance financial smart contracts. It contributes many brand new ideas and technologies for the virtual currency world , such as Delegated Proof-of-Stake (DPOS), Price-stable Smart Coins, extremely fast confirmation within 3 second, and VISA level of transaction processing. Some of them has been adopted by Lisk, Steem, and so on. However, its market cap was far underestimated, which is only 1/2 of Lisk and 1/24 of Steem. Therefore, the main propose of the article is to draw up an evil plan for BitShares to substantially improve its market valuations.

II The Evil Plan

A. Pledge the 1.2 billion BTS reserve funds to increase liquidity of trading inside the BTS platform

One important reason for Ethereum and Steem obtaining overestimation is their tokens are very concentrated. For example, the steem platform holds most of the its currency and the DAO collected 1/3 of Ethereum coin. Therefore, the community of BitShares should intervenes the market. The method is to pledge the 1.2 billion BTS reserve funds and use them to produce more Smart Coins, such as BitUSD and BitCNY. Then Smart Coins will be further used to buy more BTS on the BTS platform . By this way, liquidity of trading inside the BTS Platform will be increased and the BTS Platform itself will domain the BTS exchange. When the estimation of BTS is increased Substantially, it will be easy to discharge the Pledge.

B. Reference experience of Ethereum, found a DAC based on the crowdfunding of BTS

The DAC will in charge of market shares issued, recommendations, regulation and other functions. As the lead investor, the DAC will invest the projects inside BTS platform, which will further concentrate the BTS and the BTS will be more and more precious.

C. Reference experience of Steem, the dividend of reserve funds and the DAC will be in the form of BTS and holding Smart Coins will earn interest

The purpose is to encourage people to use, hold and store smart money and keep BTS in their wallet, will reduce the selling pressure in the external exchange. This is the key point that BitShares becomes a bank.

D. The community of BitShares should introduce strategic investors the investigate the reserve funds

When strategic investors investigate the BTS, more and more people will be glad to do the same thing too.

E. Suggest openledger reserves BTS and Smart Coins and use BTS and Smart Coins as endorsement to issue virtual currency

I believe in openledger will like to do so.

History always remember the winner and forget the cowardice and the failure. Let us work together! To be strong and to be the winner!

Your votes are very much appreciated!

群友FENG答应帮忙翻译。

Invitation are not needed anymore, go post your reflexion and share the link !

Sent from my SM-G900F using Tapatalk

The Chinese version of “Bitshares's Evil Plan for Cryptocurrency World Domination” has published.

https://bitsharestalk.org/index.php/topic,22897.0.html

https://steemit.com/bts-disneyland/@tianlai/6en9au

500bitCNY for translation to English.

重要修改。

不好意思，原文补充时删了大部分内容恢复不了，好在steem上还有：  https://steemit.com/bts-disneyland/@tianlai/6en9au



三、Evil Plan

1、动用12亿BTS储备集中筹码、增加内盘流动性

在技术水平、发展潜力旗鼓相当的情况下，eth、steem相较bts市值高百倍、数十倍的主要原因就是其筹码的高度集中和市场运作，eth利用dao进一步集中筹码，dao出漏洞后力保dao足以说明问题。比特股社区应该在理事会领导下加大市场运作力度。

具体措施：以bitUSD、bitCNY为主，兼顾bitBTC、bitGOLD，抵押储备基金制造流动性，按高于喂价一定溢价幅度（1%？）形成买墙，逐渐把一部分分散在外的筹码吃进锁定。流动性的增强和筹码的集中会慢慢使比特股内盘成为bts主交易市场，成为名副其实的具有流动性、价格决定权的市场，而不是现在外盘主导内盘的状况。当bts市值提高百倍后，利用几个点的筹码就可以解除大部分抵押的bts，即可大幅度盈利，又能激活比特股交易市场。比特股理事会理应担当起比特股腾飞的领导核心，使比特股社区成为一支铁军。



实施此条的具体计划，特发新帖：比特股银行放水计划

https://steemit.com/bts-disneyland/@tianlai/my-genesis-post

I am a professor of China University of Petroleum,I became a true believer of Bitshares in 2013,and deeply involved in the Bitshares community.

I translated dan’s “genesis Post” and “Marketing Direction - Why not How or What...” to Chinese to spread the idea of Bitshares.

As dan said in his post “I have set out on a mission in life to find free market solutions to secure life, liberty, and property and BitShares is my evolving approach to this problem”,I and Bitshares community have two questions for you @bytemaster to answer:

1.   What’s the relationship between Bitshares and Steem?

2.   Are you continuing to adhere to the mission in life?

@Stan

http://bytemaster.github.io/update/2014/12/15/Genesis-Post/

Genesis Post

Posted by Daniel Larimer on December 15, 2014.

Every blog requires a first post, so it is only fitting for a blog that discusses the power of blockchain technology start with a genesis post. This blog is a new beginning in my effort to communicate my vision for a new world. If I am going to change the world then it would be helpful for everyone who wants to help if they knew where I was going.

My mission in life is to find free market solutions to secure life, liberty, and property for all against all. This is a daunting mission and one that few people have dared travel down, but one that I am compelled to tackle. If I am successful then society as we know it will operate on an entirely voluntary and therefore non-violent basis. Governments will not be overthrown; they will become irrelevant.

The premise behind my mission is that the existence of “evil” such as theft, murder, rape, etc does not necessitate nor justify “good” people using the same actions. Theft does not become “OK” just because someone calls it “taxation”. Using the threat of violence to collect taxes is equally evil as using the threat of violence to rob someone at gun point. I choose to believe that in all cases resorting to taxation and violence is unnecessary and counter productive and that there exists a free market solution free of all coersion if we are brave enough to seek it out.

This blog will dive deep into many philosophical discussions in pursuit of a logically consistant world view that provides a viable approach to secure our life, liberty, and property today without having to beg or fight. I will frequently reference the work of other great thinkers and engage in discussion with all as we explore the possabilities.

For many of you the ideas presented in this blog will seem radical, infeasible, and downright idealistic. I encourage you to suspend your disbelief and allow yourself to explore this site in depth and engage the community with your questions and concerns.

I cannot change the world alone, but together we can create a world where we can all live in peace and prosperity.


https://bitsharestalk.org/index.php/topic,10620.0/topicseen.html

Marketing Direction - Why not How or What...

on: October 27, 2014, 01:38:32 PM

I would like to take a step back and help us all reflect on why we are doing what we are doing and what it is that has created this community in the first place.

I have set out on a mission in life to find free market solutions to secure life, liberty, and property and BitShares is my evolving approach to this problem. Many people have joined us because of this vision and have become a fan because of what we believe more so than what we have built. In the middle of our success it is easy to lose sight of what is bringing us all together and what really matters.

Does our technology help us achieve our purpose, freedom. Who should our technology appeal to? It should appeal to those who want economic freedom in both trade and wealth.

Selling BitShares as a "company" with X, Y, Z features is approaching the space like Dell and not Apple. Lets reimagine everything, think out side the box and create a society where we can be secure and where threats of violence by the government are overwhelmed by non-violent cooperation. We all long for freedom, it is universal. We all long for security. No one likes theft and violence.

The problem we have is that most people won't choose to adopt BitUSD because of its yield or merchant adoption. They will first choose to adopt it because it resonates with something DEEP within... they do it "just because"... to make a statement to the outside world that there is a different way.

So lets not sell a product with features... lets let people know what we believe and stand for. Lets let the world know that owning BitShares or buying BitUSD is about making a statement not making an investment. Bitcoin grew because it allowed people to make a statement... but it was too volatile for more than the true believers in the vision to hold. BitUSD gives the true believers a safe place to express themselves backed by extreme believers. You don't accept BitUSD at your business just because it is better than a credit card, you accept it to make a point and that point is that you believe in freedom, transparency, and individual financial sovernty.

I don't know about you, but this vision is not based upon a share price and does not depend upon any set of features. It is something that we can build for ourselves at any scale if we can attract like minded people.

http://www.ted.com/talks/simon_sinek_how_great_leaders_inspire_action

So... lets go change the world!

I need a membership to Steemit.com,  then I would like to publish my plan, which can make the market cap of BTS to the value of steem, but membership to Steemit.com is now under invitation because of unexpectedly high sign up rate.

 I need your help and in return help yourself.

stay tuned!