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General Discussion / Re: Bitshares is valuable as collateral to back other assets
« on: February 18, 2016, 06:58:17 pm »
That is part of it but not all.
It also represents stake in the ownership of the network, and thus its profits.
Imagine if there was a crypto you could own that would give you a portion of poloniex's profit? BTS is like that, but for the Bitshares decentralized exchange. This has the possibility to become exciting if the exchange becomes heavily used, even though its not right now. (Though at least its use looks to have grown some in the past several months).
It also represents stake in the ownership of the network, and thus its profits.
Imagine if there was a crypto you could own that would give you a portion of poloniex's profit? BTS is like that, but for the Bitshares decentralized exchange. This has the possibility to become exciting if the exchange becomes heavily used, even though its not right now. (Though at least its use looks to have grown some in the past several months).