I appreciate the effort put into the OP, but I have to disagree with most of it. The one thing I do agree with is point 2: the liquidity proposals. I do think some kind of liqudity incentives need to be implemented, but we probably need some more discussion and some concrete proposals by developers able to implement them (@abit ?) before we decide what to do here.

Otherwise, I'm happy to finally see some stability in terms of features for Bitshares, and will not support any kind of 3.0 involving a change in the supply or IPO. We now have Ronny from Openledger stepping up to support development of the GUI, and many other projects taking advantage of the recent stability of BTS, let's not jeopardise that.

I also have no problems whatsoever with DPOS as the consensus model, it's been working very well and there's no point changing it if you ask me. While implementing a queued mining system like Steem has might be possible, I don't really think it's worth the effort. Mining will slowly disappear from crypto if you ask me so we would be adding support for a legacy, wasteful, soon-to-be obsolete system. Keep in mind I'm not saying it will disappear soon here, but over time I think it will become less and less important.

  Well said SVK. Good points.

Hi Guys,

I was wondering if there has been any discussion regarding the ability to send fiat smartcoin value back to a fiat bank. I'm not sure how that would work, but im thinking about usability.

It would be great if at some point in the future we could take $5,000 of bitUSD and transfer it to someones account a fiat bank in payment for something.

Yes it would be great if the recipient had a bitshares address, but im just thinking about utility.

Thanks

I would not get a loan to buy BTS, but I do agree that they are s bargain at these prices. Therefore I would use as much extra cash I can put my hands on to buy some more.

That said, I would DEARLY love to see a decent wallet created. I think s decent professional looking wallet would really help. If I was a coder I would try and make one. Looking forward to my-echo coming through later in the year. If this economy crashes later this year it would be great to have it in place.

Bitshares Bank UI

One of the main things that appealed to me was using bitshares to replace my bank account. Where else can I have the ability to save in gold, silver, oil etc all within the same account? I still believe this is one of the strongest cases for Bitshares.

So If we are going to market BitShares successfully to people that want to use it as a bank account we want to have a really easy and intuitive interface. Personally, I don't have much understanding of derivatives and investing along with the terminology often used.

When I look at my own personal bank account its very clean and simple. It's intuitive for deposits and withdrawals. I don't have this funky graph with buy walls and don't have these bid & ask prices.

The point is it almost feels like I'm on tdameritrade or etrade sometimes, and that's ok. But I'm suggesting a new user interface that creates a simple, uncluttered, professional looking UI that caters for the average joe who wants the freedom to save as he/she wishes - think Greek citizens who would desperately love to escape the euro.

So, with this in mind I would like to see it as simple as depositing an amount of fiat and then purchasing bitgold without having to feel like I'm investing. The current UI, whilst I think it's ok for trading, doesn't currently make non investors comfortable. Therefore I'm proposing we have an exchange interface and a banking interface.

If users want to switch between different assets they could just pay a small fee above the current price to convert bitUSD to bitsilver for example. The current interface is great for an exchange, but I really feel that the best play for the best level of adoption is to appeal to the average guys need for simple, easy banking - especially as these large corrupt banks fail.

Well, that's my 2 cents.

.. but slow food is healthy and better for you. Fast food is no good for you in the long run. 

The take away : if it comes out of a box, dont eat it.

I totally agree with svk here!
The nice thing about steem is that any improvements they make can be ported over to bts fairly easy bc its the same code base.
Let them improve and prove their stuff and then just assimilate the best parts.

THIS ^^^^ 

@mike623317 strange I don't need a subscription

Schemes of this kind have not done well. The crowd may have wisdom, but not a lot of commitment. Similar but smaller vehicles operated by a firm called BitShares, for instance, are suffering from a lack of participation in votes, in large part because it takes time and energy to consider proposals. Investors in the DAO can also withdraw money not yet committed to a project at will. This means that the $150m in ether could quickly vanish into the, er, blue if investors got nervous.

Thank you for doing that.

I knew you would be. Thanks svk
Mike