what a joke. still cant access

Read the first entry:

This isn't an official test net by any stretch of the imagination.

Most people dont understand how the protocol under the internet works yet they still use it everyday. 

My understanding is that Bitshares is a decentralized smart contract platform that has a industrial grade blockchain that reach towards generating profits for it's shareholder.

People will build different products and services on top of it because of the affiliate incentives built into the system.

That's how I understand it.

We should start a prediction market bet for 2.0 ;-P

If and when Bitshares 2.0 comes out with the promised improvements I don't think worrying about compliance and the authorities will be an issue unless interaction with traditional banking was desired.

Anyone can just create a web app that interacts with the BTS blockchain to transfer bitUSD between accts.  They'll make money from the transactions fees from any users they onboard.  I think there's huge potential and lots of pent up demand for this in the un-banked cash economy as long as the price pegging works as advertised.  If the creator of said app took the proper steps, they could stay out of the reach of authorities who want to shut it down.

When Venmo started at Upenn and a user wanted to cash out, someone would show up on their bike with cash and hand it to you.  With BTS, everyone who uses it could be an ATM if they wanted to be.

In my mind, once there is a functioning backbone, it really just comes down to who creates a nice UI experience for the users, marketing, faith in the system, and user adoption.   

If a particular domain were to be shut down, you could just create another one. All transaction fees being sent back to same person. all user info is stored in the blockchain.  No one loses anything. Just log in from a different on-ramp and everything should still be there.

Am I wrong on this?

That is the full meaning of a decentralized exchange isnt it?

If anyone would start acting as gateways all around the world...we could have task team roaming countries in crisis and sell on the streets.

Mind blown...

The best one stop shop would be the interview with Adam of LTB called "Some Other Castle".

Welcome to Bitshares!

I personally think that it should not be mandatory to have a "representative" but really as an option.

For example, I could trust @datasecuritynode with my votes because I know he keeps his nose to the grindstone and he is very aware of the health of the network in general on a day to day basis.

If for any reasons, I do not agree with his judgement, I could take it back or change some of the vote he did for me.

Now, it would be dangerous for 5 or 6 "professional" representative to come out and manage the votes for the network. But if anyone could appoint anyone then I don't think it is too big of a risk.

 

afaik in bts2 you can hand over voting power to someone else, too

How? With multi sig?

Voting someone out can take a while because between the time a bad actor(or incompetent actor) present itself and the time for people to get off their butts to take action, 2 weeks can go by before consensus happen.

How could someone "earn a living" by providing a service of voting on behalf of someone else? (A representative business model)