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General Discussion / Re: How much is a new user worth?
« on: October 04, 2014, 05:49:25 pm »Folks are getting a bit short-sighted here.
The problem with diluting is that it sets precedent.
Diluting under the wise and benign rule of BM seems like a good idea because it satisfies short-term greed with no perceived downside.
Bitshares just prints some money to boost the economy.
Sound familiar?
Dilution, inflation, debasement... whatever you want to call it, the end result is always the same.
I state categorically that I3 and the Bitshares community have a moral imperative not to inflate/dilute/debase the share supply.
Doing so is akin to voting to be infected by a disease that will slowly kill BTSX.
A few will get wealthy in the short term, the masses will suffer in the long term.
We do not want to become the US Gov.
I3 has ample development funds that if spent wisely will get Bitshares to critical mass.
They need to get the client/trading platform sorted, phone apps pushed out, fiat gateways in place.
Then do a simple marketing campaign to the crypto crowd and perhaps a non-crypto-but-tech-savvy demographic (ie. Gen X/Y).
This should cause the market cap to increase substantially.
At that point, once the 'hey look at us' marketing is exhausted, they could consider using a referral system or other shenanigans to engage other demographics.
Low hanging fruit first.
? 
my 2 btsx
