Quote from: Markus on December 31, 2013, 12:29:26 am

Since bytemaster changed the thread topic to "First 32 BitAssets?" does that mean 32 is fine or is this number up to discussion as well?

My choice of stock indices was: One global one and one for every major economy (including BRIC but without Russia).
If 16 BitAssets is the limit I would kick them altogether.

I thought of CHF but economy and population are tiny. Where did you get the #5 rank from?

SEK and HKD I would kick in favour of INR and BRL.  Greater São Paulo and Mumbai each have far more inhabitants than Sweden and Hong Kong combined

Futures on food is a hot topic so I thought of leaving them out for now.

I didn't change the topic, but 32 was the spec from the white paper.  Upon further review I think having fewer per chain is better.

Quote from: bytemaster on December 27, 2013, 12:00:17 am

You went from owning a share of a company (DAC) which had to pay 50% of its earnings (transaction fees) to miners to burn them up while also serving to centralize control in economies of scale to owning a share of a company (DAC) which can pay you 100% of its earnings.  This alone DOUBLES the value of the new BTS vs the old BTS.   You also went from owning 55% of a company that has $500K to grow on to owning 50% of a company with several million backing it and therefore much better adoption and support.   

If you ignore the stock-split effect of the original BTS dividend design, then what you have is a DAC that was charging you a 20% wealth tax to pay miners the first year and then taking 50% of the profits.   Now you get a DAC with no wealth tax paying you 100% of the profits.  The question becomes what kind of revenue will be generated from transaction fees because this will determine how long it takes before PTS holders under AGS surpass PTS holders under the original design in terms of percent ownership.   In terms of the value proposition you come out ahead in the first year based on the value being 2x the old value (when viewed as a revenue stream). 

One last detail is that if PTS holders contribute just 5% of their PTS to get AGS then they will have significantly increased their cut from 50% to 75% while providing $1 million worth of PTS to fund development and promotion.   Essentially, we have given PTS holders a way to repurpose their debasement due to mining toward more productive activities that increase the value of BTS and PTS.   

I hope this helps.

This is a good deal for people who just want to hold their PTS. But for people who want to invest their PTS in Angel Shares, this is an amazing deal! The ROI for Angel Shares looks pretty good right now (about 7.76 AGS per PTS), and might be better on some days than others