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General Discussion / Re: Removing BTS inflation after July
« on: March 09, 2015, 03:28:27 pm »How could you possibly sell Bitshares as a savings account with a feature like this?
It would give our competitors a field day. Inactivity fee was a massive negative in my mind when I first checked out this community.
Average user will consider that BitShares is already too complex without it adding obvious negatives. If you have to punish people to use it, then that's likely to push more people away than the numbers that will understand the subtlety. If there is a fundamental problem that calls for warping the money, then there surely must be better approaches that allow the number of tokens in an account to be unaffected. It's daft but simple psychology of number matters more than value of it.. see people's reaction to bank charges in fiat and what that does for brands.
BTS are the shares in the DAC and BitAssets and BitAsset accounts are what we are selling to consumers.
In my example the bank/savings account would not be subject to any fees at all & would actually pay bank and savings account holders much higher yield & thus be far more attractive.
Only BTS shareholders are subject to the fee if they don't meet their minimum responsibility as a shareholder of voting once a year. (So it's like NuBits holders getting interest for doing nothing but NuShares holders being subject to the requirement of voting once a year or paying a 5% fee. There's a responsibility attached for being a shareholder of the DAC but not for using the products, in fact the result is that it incentivises people to use the products more.)
Just had a chance to look briefly at followmyvote. It seems from the site, that followmyvote is being pushed as mainly an alternative election voting system. Do you think you may face the problem Thomas Edison did with his first invention? 
