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I started this thread because I think Open Bazaar is not viable in its current form. I think I have a more profitable, self-funding, design for achieving the same thing they are.... only better.
1) Users shouldn't have to keep their computers on to "serve" their ads. That is a non-starter for the masses.
2) Users want auctions as well as fixed price sales / ads.
3) Users want a solid filtering system for items.
So you implement a DAC that allows users to post ads, start auctions, and implement "buy it now" functionality. The DAC would execute the auction and natively support a local BitUSD / other currencies.
Merchants looking to sell to this audience now have a central place to list their products and get paid in BitUSD....
Implemented properly this DAC would grow far faster than Open Bazaar.. especially with the marketing it could fund to bootstrap.
Not that I want to "compete with everyone out there"... but you have to do it right and Open Bazaar is missing some critical design points.
Last I heard we were short of developers, and OpenBazaar was working hard on their project with no idea how to make it profitable.
Rather than launching a competing project we don't have the time to support, I suggest showing them how to make their project profitable, why they should support bitUSD, and why they should honour PTS and AGS if they use the toolkit to support the profitability model.
This - why not offer to help them build a DAC if they agree to honour the social contract for AGS/PTS holders?
Utilize the OB dev team that is in place, supply high-level oversight from the I3 team.
Minimal resource input for I3 but maximum returns for the development kitty.
Win win for the whole world.
Working on something bigger.... and better for everyone.
Like luckybit said, in order to get into eBay we just need to create demand.
Think viral:
Begin to checkout, put an item in the cart, get stuck, request help from merchant, ask merchant if he accepts BitUSD, tell him you want to pay in BitUSD and it's cheaper for both of you, show him an on-ramp link, tell him you'll buy when he can accept it, rinse, repeat. There's a lot more potential for this on eBay than anywhere else
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What you are describing is an example of something that isn't real demand.
If people here really are naive enough to think that kickstarting adoption is is just a matter of "thinking big", then the target market should be taobao rather than eBay. BitUSD actually has a decent USP for international trade, AND the bitshares community is really big in China.
But in the end a decentralized solution loses most of its advantage when marketed to a centralized marketplace where everyone have to be in compliance anyway.
It is irrational to ignore that if I demand a product via bitUSD, then I have created demand for bitUSD
This is exactly how Bitcoin got its way into overstock..
Like luckybit said, in order to get into eBay we just need to create demand.
Think viral:
Begin to checkout, put an item in the cart, get stuck, request help from merchant, ask merchant if he accepts BitUSD, tell him you want to pay in BitUSD and it's cheaper for both of you, show him an on-ramp link, tell him you'll buy when he can accept it, rinse, repeat. There's a lot more potential for this on eBay than anywhere else
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we're working on a new wallet GUI .. also Bitsapphire is working on an alternative wallet... stay tuned ....
Applying the inactivity fee only to unclaimed stake is ridiculous. But an inactivity fee is most definitely needed, if the DAC is to survive long term and ensure long term voting. People who wish to park their wealth could have a special command that forfeits their voting rights and makes it publicly possible to see the total amount of coin in non-voting, long term storage.
That issue will be more contentious because even though it was part of the original design it may not be great for marketing etc. Either way it can be approached as a separate issue.
I think though people who would like to avoid dilution but still would like BTSX to be competitive with plans like this https://bitsharestalk.org/index.php?topic=9452.msg123029#msg123029 may support this measure and it would help give BTSX a potential long term funding source that keeps within the original design.
I love this video. I just think its too bad there isn't actually a way to buy bitUSD with btc directly.
try
https://bter.com/trade/btc_bitusd
