226
General Discussion / Re: What bitshares should learn from steem
« on: July 18, 2016, 01:03:47 am »When you pay workers with bitAssets, you dilute bitAssets, not BTS. With 1B BTS collateral, the reserve will not be margin called in nearest years, and when it will, it will not be a tragic event. It will adjust collateral ratio and cause some BTS dilution. The reserve will increase due to fees collected, so more collateral will become available with time. Eventually, of course, DEX will need to dilute some BTS to adjust debt. Forced settlements will partially do it, and there are other ways to do it.We could even pay dev-teams with dev-team issued asset. Worker should have reasonably short expiration time and be able to buy x bts worth of shares from market and pay them to to the issuer. This way devs taking the risk of failed project same as voters. Dev teams could start with little projects like: "i'll fix orderbook for ya" If we happy with their job he can offer another "little job" to keep his shares price up.