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« on: April 16, 2017, 07:31:46 am »
The more volume of anything on the DEX can only help in the long run. Paying interest to large stake holders does work, look at what it did for Dash and their masternodes. Keeping 75% of total supply bonded in a voluntary transparent way offers much needed comfort/trust and it really does buffer the huge sell pressure the centralized exchanges (all incentive for DEX to fail) can inflict on a newly budding BTS market bull run.
Increasing our total supply in bitUSD makes sense because it is the most well known fiat across the globe, which for 99% of the world that thinks about value with those terms we should exploit it. We all know fiat's days are numbered, but what other platform could serve a better bridge for the masses. I would be happy to collateralize all my BTS and increase MM in all top markets if I knew I would get a little interest on the effort and would think would even feel better about selling other crypto when I normally wouldn't.
Another option is going after other well known fiats that are not often paired with BTC like GBP. Although with Tether starting to unravel, having bitUSD there with a big exit sign (Large liquidity) ready seems the more prudent thing at this time.
All in all the witnesses stand to benefit the most from the increase in BTS value. So it seems logical that Witnesses could show their strong belief and support in BitShares by storing bit*** in their account. We as voters could start to look at things like that and adjust our votes accordingly. The higher the BTS held on the DEX in collateral BitUSD (or whatever) means the weaker competing centralized exchange capital power has manipulating BTS. We just need to breakthrough the liquidity threshold in several markets before the slow trickle of new users becomes a massive flood into the DEX. The banking pressure/friction being applied to central exchanges right now is making it the perfect opportunity to work together to use one of BitShares unique features to solve a massive problem for the traders who have no interest in going back into fiat (although they really can on the DEX as well).