BitShares Forum

Main => General Discussion => Topic started by: teenagecheese on December 28, 2014, 03:59:31 am

Title: Do I not destroy my enemies when I make them my friends?
Post by: teenagecheese on December 28, 2014, 03:59:31 am

Abraham Lincoln; I googled that quote...anyway, I was thinking a primary focus of BitShares should be to partner with all of these semi-centralized "bit__" companies, e.g., bitreserve, bitgold.com, etc. Get them to work with us instead of against us. If the utility they offer alone was not already enough of an incentive, their name is actually a blessing in disguise.

Doing so would strengthen the peg by offering a path to actual reserves of bitassets, yet would not compromise the fundamental decentralized foundation of BitShares.

Any thoughts? Is this already happening and I just missed it? Anyone (maybe a potential delegate, hint hint a good way to get elected) interested in doing this?

Title: Re: Do I not destroy my enemies when I make them my friends?
Post by: matt608 on December 28, 2014, 04:26:24 pm

Absolutely, having them become gateways and/or accepting a bitasset as direct payment would be a great partnership.   

Title: Re: Do I not destroy my enemies when I make them my friends?
Post by: bytemaster on December 28, 2014, 04:27:50 pm

Quote from: matt608 on December 28, 2014, 04:26:24 pm

Absolutely, having them become gateways and/or accepting a bitasset as direct payment would be a great partnership.

Exactly... BitReserve could issue BRGOLD to trade against BitGold.   

Title: Re: Do I not destroy my enemies when I make them my friends?
Post by: btswildpig on December 28, 2014, 04:30:05 pm

Quote from: bytemaster on December 28, 2014, 04:27:50 pm

Quote from: matt608 on December 28, 2014, 04:26:24 pm

Absolutely, having them become gateways and/or accepting a bitasset as direct payment would be a great partnership.

Exactly... BitReserve could issue BRGOLD to trade against BitGold.

Maybe Americans can use the Ripple on-ramp in the states to buy BTS more easily if such a path provided ?

Title: Re: Do I not destroy my enemies when I make them my friends?
Post by: matt608 on December 28, 2014, 04:50:48 pm

Quote from: bytemaster on December 28, 2014, 04:27:50 pm

Quote from: matt608 on December 28, 2014, 04:26:24 pm

Absolutely, having them become gateways and/or accepting a bitasset as direct payment would be a great partnership.

Exactly... BitReserve could issue BRGOLD to trade against BitGold.

What about accepting bitGOLD as payment?  Like btc38 accepting bitCNY as if it was real CNY.

They may want to support the use of gold as a currency, in which case encouraging the use of bitGOLD is good for them indirectly.

From their Gold page:
https://bitreserve.org/en/our-vision/gold

"We’ve partnered with leading institutional precious metals provider GBI to ensure all Bitreserve gold is backed by real gold, not Exchange-Traded Funds (ETFs). If you have further questions about our Gold Card, please see our FAQ." -

Maybe real gold suppliers should be contacted as ideal merchants to accept bitGOLD as payment?