Quote from: delulo

Counterparty is not based on sustainable technology if they don't change something fundamentally but what they are very good at is forming partnerships, PR, having a sense for what the public / people needs. Learn from it!

The only reason bitshares is not as well known has little to do with a lack of marketing and pr imho.

The problem is that the entire pow community either bashes and sells fud about the technology constantly or outright ignores it like its ron paul at a republican convention.  Obviously the best candidate, but too disruptive to even those interested in disruption.

Imho...bitshares is not compatible with overstock regardless. Why? Because overstock is not going to give anything to pts/ags.   

However for anyome thinkin this isnt competiton...do you really think overstock is foing to accept bitUSD now?

Quote from: OldMan on October 06, 2014, 03:28:18 pm

Quote from: MeTHoDx on October 06, 2014, 03:12:38 pm

Quote from: Empirical1.1 on October 05, 2014, 07:16:20 pm

No not imo. I like the general strategy here & I see the value of pegged assets for that market but there's also significant negative mainstream PR & other blowback risk - Think public perception of Bitcoin & Silk Road + other outcomes. However BitAssets are out in the wild so nothing to stop other people using and integrating them.

I see your point but lets not forget the entire Bitcoin community is behind OpenBazaar. For the time being, it doesn't have a negative stigma; quite the opposite actually. All I3 has to do is make it easy for BitUSD to be integrated into an OB merchant node. That means improving multisig and eliminating any other obstacles that may get in the way. Once that's out of the way...

a) We crowdfund the necessary development.

OR

b) An I3 dev anonymously commits the code on GitHub.

We can actually avoid all negative backlash if we frame this as "BitUSD allows OpenBazaar to attract non-drug users because they're the only people willing to put up with Bitcoins volatility". And it's true. OpenBazaar needs our product (or our competitors) if they want mainstream adoption and we need a solid showcase if WE want mainstream adoption. The good vastly outweighs the bad.

There it is.

The Headline We'd Get: Open Bazaar and BitUSD help drug dealers hedge against crypto volitility

Quote from: MeTHoDx on October 03, 2014, 03:50:49 pm

Ok so back on topic.

• What sort of demographic would this attract?
• How "sticky" would said demographic be?
• What unique things could this demographic buy with BitUSD that they otherwise couldn't buy with FiatUSD?

I don't think this is the best use of opportunity cost, especially considering the precedent it will set. I think in terms of marketing, we should be thinking more along the lines of strategic seeding. Fortunately for us we've already got a great model to imitate: Bitcoin.

So, my question for the community is: what were the tipping points of early Bitcoin adoption?

In my opinion it isn't that they can buy different things with BitUSD, it is that they can use BTSX *like a bank* and all banks have checking accounts and savings account.  Almost all checking accounts have a "check card".   

Then our target market will be merchants... convince them to take BitUSD directly rather than pay 3%... merchants can then share the savings with customers.