Guest
Login
Register
Welcome,
Guest
. Please
login
or
register
.
Did you miss your
activation email
?
1 Hour
1 Day
1 Week
1 Month
Forever
Login with username, password and session length
Menu
Home
Help
Login
Register
BitShares Forum
/
Main
/
General Discussion
/
Benefits of holding bitusd vs. USD
« previous
next »
Print
Pages:
1
2
[
3
]
All
Go Down
Author
Topic: Benefits of holding bitusd vs. USD (Read 7641 times)
0 Members and 1 Guest are viewing this topic.
August 12, 2014, 03:18:34 pm
Reply
#5
bytemaster
Hero Member
Posts: 9840
BitShares:
bytemaster
GitHub:
http://www.github.com/bytemaster
Re: Benefits of holding bitusd vs. USD
You can trade against BitGold/Silver/Etc in ForEx
You can hedge against BTS X volatility without creating taxable events or going through a centralized exchange.
You can pay merchants in BitUSD without having to use a service like BitPay to handle volatility risk.
You can support easier cross-chain-trading with market-pegged assets on both chains.
If you are also holding BXTS holding BitUSD helps support the price of BTSX by generating demand for BitUSD.
Logged
For the latest updates checkout my blog:
http://bytemaster.bitshares.org
Anything said on these forums does not constitute an intent to create a legal obligation or contract between myself and anyone else. These are merely my opinions and I reserve the right to change them at any time.
August 12, 2014, 03:12:30 pm
Reply
#4
tonyk
Hero Member
Posts: 3308
Re: Benefits of holding bitusd vs. USD
The answer is - you have all the benefits of crypto currency with the price stability of a dollar.
Imagine your all your $ being BTC and at the same time whenever you decide you can change them back to USD 1:1;
Logged
Lack of arbitrage is the problem, isn't it. And this 'should' solves it.
August 12, 2014, 03:10:57 pm
Reply
#3
xeroc
Board Moderator
Hero Member
Posts: 12922
ChainSquad GmbH
BitShares:
xeroc
GitHub:
xeroc
Re: Benefits of holding bitusd vs. USD
- (should be) worth a USD with the advantages of the decetnralized cryptocurrencies ... (no seizure, 'laundering'?, clean (not drug dirty), 'no' change)
Logged
August 12, 2014, 03:10:54 pm
Reply
#2
toast
Hero Member
Posts: 4001
BitShares:
nikolai
Re: Benefits of holding bitusd vs. USD
1) Can't be seized without your consent
2) Send to anyone in the world instantly
3) Private / anonymous
Logged
Do not use this post as information for making any important decisions. The only agreements I ever make are informal and non-binding. Take the same precautions as when dealing with a compromised account, scammer, sockpuppet, etc.
August 12, 2014, 03:06:47 pm
Reply
#1
mf-tzo
Hero Member
Posts: 1725
Benefits of holding bitusd vs. USD
Can someone please remind me the benefits. I know there are a lot but I have forgot most of them by now...
I am pretty sure new investors will also want to find out.
Let's keep it simple...
1
2
3
etc...
Logged
www.bitshares.gr/
Print
Pages:
1
2
[
3
]
All
Go Up
« previous
next »
BitShares Forum
/
Main
/
General Discussion
/
Benefits of holding bitusd vs. USD