We won't stay long at Number 2. :)
I think we will be at #2 for quite a while myself. :)
But its good that Stan feels confident.
Passing bitcoin wont be easy. And in fact, we dont even need to pass bitcoin to make us all rich. Just reach a significantly higher percent of bitcoin's market cap than we are at now, while also having bitcoin increase during its next bubble.
(Of course, eventually passing it is an even bigger deal).
As soon as we're Number 2 with the checking/savings metaphor people will start using both - just to get yield.
"Both" is good.
Once someone uses both, they quickly conclude they want to use BTS as much as possible except when they absolutely must convert to to BTC to use some off ramps.
Over a short time, that moves 99% of BTC into BTS the same way 99% of bank deposits are in savings not checking.
"Both" is the tipping point.
We won't stay long at Number 2. :)
I think we will be at #2 for quite a while myself. :)
But its good that Stan feels confident.
Passing bitcoin wont be easy. And in fact, we dont even need to pass bitcoin to make us all rich. Just reach a significantly higher percent of bitcoin's market cap than we are at now, while also having bitcoin increase during its next bubble.
(Of course, eventually passing it is an even bigger deal).
As soon as we're Number 2 with the checking/savings metaphor people will start using both - just to get yield.
"Both" is good.
Once someone uses both, they quickly conclude they want to use BTS as much as possible except when they absolutely must convert to to BTC to use some off ramps.
Over a short time, that moves 99% of BTC into BTS the same way 99% of bank deposits are in savings not checking.
"Both" is the tipping point.
hmm.....don't forget ripple's supply still has 3 times room to multiple .
As best I can tell, the entire company / DAC metaphor has been abandoned to avoid provoking securities' regulators.
The 'Bitshares' brand/name is the last legacy of that.
We used to try and claim any and all metaphors that could be made to fit in order to communicate the nature of BTS/X.
Now, we go out of our way to disown them.
Hmmm. I seem to remember doubling-down on using whatever metaphor makes the "ah-ha" light come on fastest.
Just two weeks ago...
http://bitshares.org/bitshares-reloaded/
As best I can tell, the entire company / DAC metaphor has been abandoned to avoid provoking securities' regulators.
The 'Bitshares' brand/name is the last legacy of that.
We used to try and claim any and all metaphors that could be made to fit in order to communicate the nature of BTS/X.
Now, we go out of our way to disown them.
Hmmm. I seem to remember doubling-down on using whatever metaphor makes the "ah-ha" light come on fastest.
Just two weeks ago...
http://bitshares.org/bitshares-reloaded/
Flip the metaphors around too quickly and you risk losing rapport with your audience.
Can't wait to see the new website!