@xeroc ,
I started to reply to your replies but I when I finished, I felt sick and I erased all this, as I realized I don't want to do that any more.
We are wasting our time in those endless discussions.
My point is only this: manipulating with the fees should be the last thing on our list, to be considered only after a serious attempt has been made to bootstrap liquidity.
I've shown BitShares to many people, there were many different questions and concerns, but none of those concerns was ever related to fees.
This makes me think that most probably fees are *not* our issue.
But I cannot prove that, just as you cannot prove the opposite.
I have a feeling I must apologize to you, I may have been a little harsh with my last reply to you.
In the end, I don't know what is best for BitShares. All I know is that our customers are complaining about A and our business partners want B and shareholders want C.
I further fully agree that we should be manipulating fees, but the current situation was this:
- we had a predefined (from genesis) set of fees denoted in BTS
- BTS is volatile so are the fees
- some businesses approached me and complained about these volatile fees and why there are not pegged to USD/EUR or whatever.
Then I actually started to write a script to track the USD value of the fees and ended up with .. well .. strange fees simply because BTS went somewhere different after genesis.
I took the time to go through every fee and think of it and tried to pick more rational fees. Yes, the proposal is most created by me alone with many inputs from committee members.
So if people are unhappy with this and feel that the proposal is bad for BTS, please remove your stake from either my worker, my proxy, or the my committee member. That will at least
show me that I was wrong in taking the time to think about the fees.
My intentions where to offer more incentive for people to enter BitShares and the only thing that we can do is give it more utility and cheaper fees.
Interestingly, with the newest development about zero-fee option for operations, no one complained about the consequences for the referral program, but people see the marketing buzz it could have. So why don't we start with that buzz already and give them yet another incentive to join once we have 0-fees implemented?