whats the plan on making them support it?
I'm interested in hearing the plan as well. It might be hard to convince people to trust it. Imagine someone telling you that you could get 25% ROI
on your investment every year. You would think "that's too good to be true".
Argentinian: "Wait so your saying if I put my money in bitUSD I will only experience the same inflation as the USD... Interesting"
"What, I'll also get more interest than at a conventional bank and it's more secure?"
"Yea right.... SCAM!"
"I'll just leave my USD under my mattress."
It will be difficult unless we can get someone who is well known and trusted in the country to stand behind it.
also if ppl buy bitusd, does the bitsharex price go up? i am confused how this works
Yes if people buy bitUSD bitshares price goes up. The reason is bitshares is used as collateral for every bitUSD created.