What I'm saying is bitcoin is not the best all singing all dancing cryptocurrency/blockchain.
However it has the network effect (metcalfe's law), it is the gold standard of cryptocoins, the internets reserve currency with huge infrastructure and public awareness. The default way to move crypto value around. The easiest way to buy any cryptocoin is with bitcoin.
The first kind of people to adopt a USD crypto derivative will be bitcoiners themselves and they will be more comfortable knowing they will receive bitcoins in the event of a black swan.
Most other 2.0 projects will add a bitcoin sidechain gateway eventually I just think bitshares should lead not follow.
nearly all CFDs and options are settled with USD because it is the worlds reserve currency they are not settled in shares, gold, copper or danish kroner.
Our bonus hangout series is beginning to reach "beyond crypto"....and some of them are going to bring in
many new eyes who are looking for solutions to today's problems. They will be taught that bitshares has separation of powers built in and that bitcoin is dangerously centralized and reliant on mining cartels. They will also be taught at the same time that bitcoin cannot even find consensus on basic things (like changing block sizes) and that any changes made will have to be given to a technocracy who cannot be voted out by holders...tthe only option holders will have is to risk losing it all by leaving the system.
Now I love what bitcoin started, don't get me wrong, but this is to everyone here: bitcoin is going to change significantly or die (or fracture it's network effect into many other chains-likely new so miners can continue keeping their unnecessary operations afloat just a little longer as we have seen in the pow era from nearly the beginning).
Some will come here to try to get us to subjugate ourselves to bitcoin to help "protect bitshares" by using bitcoin. Others will come to attack us and spread FUD.
Now I'm not saying OP has that intention here, but I will say that BitShares keeps getting better and better. As this happens bitcoiners who have always attacked us will keep watching bitcoin floundering in the wind--they will try in many ways to get us to sell out to their network effect...because that will be all they have left to hold onto...at least for awhile.
My team's jim willie hangout received almost 28,000 unique views from people who are not already in crypto...but would be open to the Right solution. He will be on again someday...but I do not plan on stopping there. Trust me on that. BitShare's economic incentives have empowered me and the team to do this...for bitshares. I don't have to kiss mining cartel butts. I just have to keep doing what the community has seen me doing from nearly day one. Not only that, but BitShares' ability to process (conservatively) 100,000tps while bitcoin is still stuck at 7, enables me to continue approaching industries that require far more than 7tps.
So if anyone thinks our network effect is going to always be inferior to bitcoin...or that we will need to partner with bitcoin or risk bitcoin stealing our work, I have news for you...Beyond Bitcoin is here for a reason. We chose bitshares from the VERY BEGINNING for a reason.
...because we wanted to be accountable to all shareholders and not a technocrats regime of mining equipment manufacturers/networks.
...because we knew that bytemaster was severely unappreciated in the crypto space and would need backing of people who wanted to see his innovations disrupt the unacceptible status quo.
I'm sure Alta Vista shareholders were not too happy about Google either when it started picking up steam. I'm willing to bet some of them even wanted google to partner with them just to protect google...but ultimately we saw where that ended.
I'm all down for different chains, but give me DPOS 3.0 or I'm likely going to be too busy to be interested.
We are in for one heck of a ride everyone. This is just the beginning. And that means that the highs are going to be higher....and the lows will feel lower. But that means we are succeeding.