This feature helps set BitShares apart from most other crypto currencies
Is this actually true ? This just seems to make Bitshares more like Bitcoin forks ? (Not that this is bad..) I'm just trying to understand what property of these feature(s) sets Bitshares apart?
The Smartcoin combo.
I'm not sure of the immediate value of this proposal.
However for those who'd like to see BitShares grow into the payment business and achieve merchant adoption, I personally think it's unlikely in the near term without payment processor partnerships.
However there are businesses that prefer to keep their activities private, so they're unlikely to use payment processors for crypto to bank conversion anyway. Those same businesses struggle using existing crypto alternatives because of their volatility and the fact that the majority of businesses work on very tight margins.
Dollar stable smartcoins + privacy would be very appealing to those businesses.
I disagree that anonymity the most important... The most important is as follows
1. Fees for trading updated per the worker proposal
2. Referral program for trading fees
3. API for 3rd party platforms and liquidity bots
We are a decentralized exchange. We have finally discovered what we are and what we are niche is. Most people never get a chance to discover that much less exploit it... DON'T GET DISTRACTED!
Agreed. We need to be the decentralised exchange first.
Personally I'd like to see those things first and a significant lowering of the transfer fee until a few key Smartcoin markets become more liquid.
(At which point 'DEX + liquid SmartCoins' will be the valuable, game changing product we can then start charging for and market strongly via the referral programme. Until then make it as cheap and easy as possible for existing and new users to kickstart those markets.)