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General Discussion / Re: bitSHARES -The shares! Getting rid of any token connections and a ton more
« on: February 11, 2016, 03:44:44 am »This idea would work if there are values in the DEX co-op so much so that users want to get in. Otherwise the effect can be detrimental. I think we are still building values and liquidity on the blockchain and it is too early to consider such a move.
Are you saying we are all buying into valueless BTS token right now? [or the very least overpaying for the value that there is in the system]
I am not suggesting bts does not have value but rather it may not have sufficient value to pull users in such that they are happy with their bts being locked up. I am thinking along the line of more liquid bitasset markets, a more developed prediction market, and a new bond market.
I somehow missed your point on users getting dividends from the bitasset transaction fees. Well, this is a cool value added to the system given the low interest rate environment all over the world. The sweet dividends will provide another value to attract users into the co-op. Your idea may work after all.