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General Discussion / Re: Why are market-makers reluctant to make a tighter market?
« on: October 16, 2014, 09:07:14 pm »
If we have that attitude why would people who have jobs paying in fiat ever care about BitUSD or Bitcoin? They'll only care when the job they have pays in BitUSD or the new job they get is offering to pay in BitUSD. At that point they will investigate what BitUSD is and discover Bitshares. That is free marketing to anyone looking for work and also if we are getting paid in BitUSD then we show we trust the system enough ourselves.
I agree with this. We have to start somewhere and this would be a great starting place!
We are planning on converting all remaining AGS funds to BitUSD and paying salaries from the BitUSD with the goal to scale the burn rate so the interest earned on the BitUSD is able to sustain the development team for BTSX. We are also moving to pay everyone on the team in BitUSD.
Those of us on the team are willing to accept it a par value for prior salaries.