As now, if I attempt to convert bitCNY into bitUSD, I have to go through bitCNY:BTS and bitUSD:BTS market since bitCNY:bitUSD market is not that active. Plus, when I go bitCNY:bitUSD market, the wallet says "insufficient feeds" although there're already enough feeds for USD and CNY. We can easily create the bitCNY:bitUSD feed with medians of USD and CNY and this can be applied to relative order function in this pair.
With relative order in a pair of BitAssets, people won't be bothered by spread of both CNY:BTS and USD:BTS market. Once market makers come to bitCNY:bitUSD market and with some spread (I guess 1% or less), people are able to convert their local currency into foreign ones.

This is just a rough brainstorming...

From merchant side

1. Merchants can easily add "Pay with bitUSD" button in their websites or blogs.
2. They can easily collect shipping information pertinent to each order (probably combined with mailing function? Memo is too short to implement this)


From customer side

1. Customers can easily convert their local currencies into bitUSD through gateway/exchanges.
2. They even don't have to install Bitshares wallet. Instead, they can use bitUSD on web wallet.
(For 1 and 2, Coinbase is a good example. It allows people to buy BTC and to use on web-based wallet or mobile wallet)
3. Their purchase can be protected by escrow service
4. They can get confirmation email and shipping notice (via mail service?)
ADD: 5. They can figure out the reputation of sellers

My imagination is that everyone can sell and purchase goods and services on their blogs and simple websites with bitUSD instead of big online shopping mall. They don't have to pay a high fee to ebay or amazon, hence this benefits both consumers and sellers.

Please provide any thoughts of yours on this.

I just read an article about the reality of Korean music market.
According to a Korean musician, when his music is downloaded for 50 cents (600 KRW), he gets only 1.5 cent (17 KRW), and other 97% of profit goes to music dealers. With regard to streaming he earns 0.6 cents per play. This is a crazy market.

Will Music help this artist? If so, I would like to promote Bitshares Music to Korean musicians.

Cob, can you reveal the specific profit ratios for downloading and streaming?

I tried to import my BTS wallet in new devshares client but there is no such "wallet_import_json" command. When will this function be available?

After a week long period, Korean translation is done. Many Korean people are interested in and want to read it now.
I hope this will expand the Bitshares boundary in Korea.
The book is available on Cryptofresh.

http://cryptofresh.com/products/20

I read bytemaster's blog and but still want to clarify some.
Here is my a couple of questions.

1. What type of fees are paid in bitUSD?
   Short interest, margin call fee, and others?

2. Once fee is collected, For how long is it released gradually?
   For two weeks? a month?

3. Although it has variant interest rate, on average so far, how much is the interest rate?
   I wish it is greater than 5%


Thanks in advance.

Providing with windows and Mac binaries is important because they open door to laypeople/testers. Is there a plan for providing them soon?