Can we get ZAR on as a market issued asset on Bitshares.
There are no African currencies represented and South Africa is leading the way for Africa in activity and start-ups related to Bitcoin.
I hope that people calling for new market issued assets would ask themselves where the liquidity is going to come from to bootstrap these markets. There is nowhere near enough liquidity in current markets for which price feeds already exist. Why add new markets before the present ones, such as bitGOLD, bitEURO, bitCHF, etc are established? Where are the buyers to support so many different markets at this early stage? Let's at least try to walk before we try to run.
How many bitZAR do YOU plan on purchasing if your suggestion is taken up?
bitZAR may not be liquid for a long time... in fact it may never be liquid. IMO bitUSD will be the only liquid bitAsset currency since it is pegged to the reserve currency of the world. The USD is accepted almost everywhere, so why even bother holding any other currency if you have the choice? BitUSD gives every person in the world the ability to hold the most widely accepted fiat currency.
that is your point of view ..
did you know that emirates and others are discussing to switch from petrodollar to petroeuro?
once the petrodollar dies .. so does your argumentation ..
the world is colorful my friend!
The world has been screaming death of the dollar for the last 70 years... "once the dollar dies, [insert name] currency will be the future!"... I'm not going to argue if the dollar gets replaced, all I know is that it hasn't. In fact over the last 6 months the dollar has dramatically rallied against every major currency.
Countries "discuss" things all the time... They rarely take action. Very similar to bitshares...