Great work!  I need to read this again tomorrow and look at it with clear eyes.
The only thing that immediately jumps out to me is the conclusion.

I would say this differently, but I haven't figured out how exactly yet.

Quote

9.  Conclusion

We have described a peer-to-peer payment and monetary asset system that enables users to make payments in assets that are pegged to local currencies.  We start with the framework of Bitcoin and other coin systems that use cryptographic digital signatures to securely transfer ownership.  Bitcoin is currently not widely used as a unit of account and may take many years or decades before it becomes the standard monetary unit of account.  Hence the proposed system provides a framework to enable users to create monetary assets that are pegged to local fiat currencies for more convenient use. The system begins with a delegated-proof-of-stake protocol (DPOS) to allow stakeholders to vote on the operations of the network just like traditional organizations and companies.  DPOS also enables stakeholders to select witness nodes to produce blocks and record the transaction history into the blockchain.  Stakeholders can also create monetary assets that are collateralized by shares in the network and use internal and external exchange prices to value the collateral so each monetary asset remains sufficiently backed over time.

My issues begin with: "We start with the framework of Bitcoin and..." "...may take many years or decades before..." and "the proposed system"

I'd suggest naming the "proposed system" within the document.  The Graphene Toolkit, BitShares, or an effective generic descriptor.  The "proposed system" is somewhat confusing and weaker than need be since the system is in fact operational currently, and that's a majorly strong point, it does exist not just in theory... As demonstrated by, and so forth.

I can't really think clearly about how to reformulate this right now, I'll look again tomorrow, but that's my 2bts.

Quote from: merivercap on January 09, 2016, 05:36:01 am

re: Dogecoin

It was popular in the US before, but doesn't seem as active here anymore.  Oddly enough China seems like the big player.  Nearly 70% of the price spike volume was coming from BTC38.

Here is a thread on how Doge might have been introduced to many in China: https://www.reddit.com/r/dogecoin/comments/3o2t5x/dogecoin_and_china/

People are familiar with Doge in China and that's huge.  There might even be a cultural connection with the Shiba Inu..lol

BTW a small amount of Dogecoin popped up in my BTC38 account so there might be a marketing push going on right now.....maybe they are giving people Doge, spreading the word and helping pump up prices..  Anyways China markets are getting crushed and crypto is generally a good safe haven asset anyways and so it's a good opportunity to promote Doge this way. 

Can someone from China comment?  BTW what is going on with the Yuan?  It seems the government is trying to support it by selling a lot of US dollar reserves.  There seems to have been massive debt money created the last few years in China as well and a lot of it is probably going bad...anyways.

Takeaway?  It seems China is very important.

doge marketing is good . but the capital that supports it is more important . especially those LTC miners who get doge on the way. the liquidity on doge is huge compare to bitshares .

if not capital support it , you can advertise it all you want , all people will see that it's not worth involving in it .

Bitcoin  and  doge are where it is today because of capital , not because of some freedom lovers and cute dog lovers .,

in fact , bitshares is as famous as doge in China . but bitshares is famous for its dilution now .

I'd like add this last point:

* Launch first in china, then consider the rest of the world

Quote from: merivercap on January 09, 2016, 05:36:01 am

BTW a small amount of Dogecoin popped up in my BTC38 account so there might be a marketing push going on right now.....maybe they are giving people Doge, spreading the word and helping pump up prices..  Anyways China markets are getting crushed and crypto is generally a good safe haven asset anyways and so it's a good opportunity to promote Doge this way. 

Due to late of upgrading BTS to 2.0, and to attract more deposit/volume after they upgraded BTS to 2.0, BTC38 recompense the customers who have a BTS balance in their exchange at a dedicated time by dropping some Dogecoin to the customer's account at 10:1 ratio.