I would say that the definition of a stakeholder fits well with what BM is talking about. The definition and application of stakeholder almost perfectly align with the overall view of the community.

A corporate stakeholder can affect or be affected by the actions of a business as a whole. The stakeholder concept was first used in a 1963 internal memorandum at the Stanford Research Institute. It defined stakeholders as "those groups without whose support the organization would cease to exist."

Stakeholders:Stakeholder's concerns: Applications
Government - taxation, VAT, legislation, employment, truthful reporting, diversity, legalities, externalities.
Employee - rates of pay, job security, compensation, respect, truthful communication.
Customers - value, quality, customer care, ethical products.
Suppliers - providers of products and services used in the end product for the customer, equitable business opportunities.
Creditors - credit score, new contracts, liquidity.
Community - jobs, involvement, environmental protection, shares, truthful communication.
Trade Unions - quality, worker protection, jobs.
Owner(s) -profitability, longevity, market share, market standing, succession planning, raising capital, growth, social goals.
Investors   return on investment, income.

Thank you for clarification on user-issued assets.

What would determine the value of the user-issued asset in this scenario? Would the value ultimately be tied to the performance of the company? How would that be handled contractually?

why not just simply use bitUSD?

Because they are interested in the concept of issuing shares using blockchain technology, and they understand the value of early adopters. They would want their own set of assets to trade like the would if they were on the stock market. They are private and at some point I am sure they will go public. Why not go public with Bitshares, and leverage those assets within the transportation community?

Today I had an interview with a freight company that does $500 million in revenue each year, and they are growing at a very rapid pace. They are the leading TMS in the industry, and they were looking for a product manger to help build better tools. Somehow we got on the topic of cryptocurrencies and the recent announcement about Overstock issuing stock on the blockchain. One of the questions that he asked me is how they could create a currency that is used by the transportation industry. The transportation industry in America is fairly antiquated, and fees for Comchecks and transfers are extremely high. So I talked to them about the Bitshares community and all the great things that have been created by the developers. Below is what I told him would probably be the best idea for creating a stable currency that could be used as a means of exchange in the industry. If what I am saying is off base, please tell me how you would achieve the goal of stable currency that could be implemented in the industry.

Company A creates a DAC using Bitshares technology. They take 50% of the companies equity and use it to issue 2 million Bitshares Tranz. The new DAC would have an initial Market Cap of $250,000,000 or half of the companies value. Each share would be valued at $125 at the time of the IPO, but would initially increase due to speculation. Company A then creates a dollar pegged asset called BitTranz that would be used as a currency for the transportation industry. BitTranz would be integrated into their software platform as a payment system to be used as a stable and cheap means of exchange between brokers and carriers. The software platform would include an exchange for entering and exiting the market, and an option to automatically convert to fiat if the carrier so chooses. The value of Bitshares Tranz would increase and decrease based on the performance of Company A and speculation.

Please let me know if my logic is correct. If it is not please advise what you would do in this situation, because they sounded very interested in pursuing something like this. I have thought for awhile about a cryptocurrency for the Transportation industry, but lack the technical understanding to see it through. I love what the Bitshares community is doing, and I am very interested in your feedback. Please let me know if this is a viable concept.

What happens when the BTSX blockchain becomes 10 years old? Would it take a really long time to sync with the blockchain for a new wallet?

When I try to import my PTS wallet into the BTSX client I get an error that says: The wallet spending key must be unlocked before executing this command (0) The wallet spending key must be unlocked before executing this command.

My BTSX wallet also says that it is not connected in the lower right hand corner.

I also get the error: RPC Server Error: In method "blockchain_list_assets': Assert Exception 10

Delegates are not just in the US, isn't that the point of a decentralized system? They can't arrest everyone.

I do not know how simple this would be, but it would be cool to create an "Independent Record Label" which funded the development and promotion of artists by creating a DAC. Imagine how lively that discussion forum would be. You would literally have a battle of the bands to figure out who to fund, and artists would be signed under the distributed label. This would be taking the American Idol concept to a whole new level. I wouldn't think that you would create a new DAC for each artist..right??