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Here's the problem. Most people, and i'm going to guess over 90%, are here to try to leverage the overall move of the public to blockchain tech. They are trying to profit by beating the banks. They are trying to leverage the technical superiority of bitshares compared to bitcoin to achieve a higher beta return.
What you are talking about is head in the clouds philisophical type of stuff that these 90% are not interested in. You might not think that is the case based on reading the forums, but these people are voting with their feet and leaving bitshares.
Bitshares was in the great position to be a decentralized exchange, with increased security, and 0% chance of being mf globaled. The amount of traders that would have embraced this would have been huge... i personally know very influential traders that fear that the markets will be taken away within the next 10 years. With bts that would have been impossible. All we had to do was grow that business... but we killed our golden goose. Unable to build and grow what could have been the cornerstone of your new free society. It's a lack of focus, which has been bitshares calling card for over a year now.
I hate what has happened to bitshares. It's some ideological play pen for large holders and founders at the expense of the smaller holders. I'm going to continue to hold by bts because maybe I'm missing something bigger... but when I see core dev's selling all their personal holdings I fear I should do the same.
Philosophy is great, but what people, including me, are interested is real business. So what's our business plan for 2016? DEX? If so, please focus on exchange features (like BSIP 4) first. Banking based on blockchain? Then PR to bankers and make agreement with real banks.
"For too long BitShares has been evolving without any clearly and consistently stated purpose or direction."
The reason why it was hard for me and others to contribute to anything. Everything seems to happen randomly with Bitshares and with a lack of clear priorities.
It is my new years resolution to do a much better job communicating and leading than I have in the past year.
Hi Ronnie- i love the video by the way, but i have a question. In there is the example of trading apple stock for copper. I didnt think we were able to buy stock shares yet. This would be something that would be huge because i would like to buy gold mining stocks for example. Rather than use TDAmeritrade, i would MUCH prefer to use the blockchain and trade for example, USD for SANDSTORM Gold or SilverWheaton.
Thanks
Damn
Stock brokerage that runs on the blockchain.
Highly possible if AML/Kyc challenges are tackled.
CCEDK is in a perfect position to do this.
Not sure if Ronny is doing it though.
Beautiful concept none the less.
Whitelisting procedure and introdution as well as the ability to use the fiat gateway will be started monday next week first week of 2016. It is top priority to be implemented and functional already this first week, so I expect and hope for a great start of this New Year.
I am hodling because I understand the tech and know that there is not a single competitor having solved as many problems as graphene/bitshares.
This tech is so amazing and the devs have put so much flexibility and imho people simply dont understand it yet ..
I hold on because I believe in the cause and the pursuit of free market solutions to securing life, liberty, and property.
We are constantly learning and improving. Crypto isn't currently ready for the main stream. No one has quite figured it out yet.
Graphene and BitShares is an amazing foundation. We just need to keep focus on a higher purpose and not get caught up in "price".
CNX is 110% behind BitShares and is dropping any and all distractions other than improving the BitShares ecosystem.
Fiat gateway will be available first/second week of January and only people whitelisted in the sense that they have been validated on CCEDK will be able to have access to any of the below mentioned features. In coming week I will be doing a mailout telling all interested parties who wish to be able to trade with fiatpegged crypto what are the procedures needed prior to making this fully functional on platform.
Paypal is done and ready on CCEDk but awaiting Paypal tech department for final go. Expected available early january
Ripple gateway is fully integrated and done on CCEDK waiting for validation, expected to be settled in coming days, and then ready for launch early january
Nanocard is being activated on the base of three steps right now on CCEDK.
1st is the fiat version, meaniing you are already now able to order and activate a debit card on CCEDK based on fiat.
2nd step, is when seasons holidays are over early january, as bitcoin support will be added for a bitcoin activated card to work.
3rd step is expected end of january and will involve adding other crypto as support for NanoCard, like OBITS, BTS, NBT to begin with.
All of above is on CCEDK
Once multisig function is fully working on OpenLedger we will will then be able to add all of the above there as well, and that part is not in the hands of me or CCEDK, but is in the hands of the BitShares community and shareholders, and as far as I know it is not yet operational, but maybe I am wrong.
We will need a group of people to assist once the multisig part will be possible to connect.
This is all very good news and much kudos to you sir
