Quote from: bytemaster on April 26, 2016, 10:00:59 pm

I think the future is pretty clear for BTS:

1. work out the kinks with Steem
2. merge best parts of steem + BTS into a next generation DEX
3. sharedrop + dev allocation

It is just a much longer roadmap.

This may be another case of people misinterpreting what is said, but what do you mean by a "next generation DEX", are you still adding to the existing one?

Also having to keep track and even more tokens is one thing that is frustrating about BitShares. Ethereum is not doing this - there is just Ether.

Quote from: donkeypong on April 08, 2016, 05:31:20 am

My answer is "no", I don't think gold is needed here. I could not find a poll response that was appropriate for me to choose. Crypto is not perfect and there would be much to gain from backing it with real assets, but I don't see gold as delivering a lot more value in a way that could help one of these businesses much.

First, gold bugs are mostly suspicious sorts. Average age is probably around 50. They don't even trust paper money or electronic money, so even though we trust crypto, it's a big stretch -- most of them won't. I know people here think there's a natural libertarian overlap, but I think converts are difficult to attain this way and that the overlap is therefore overblown -- you won't attract that many of them and the ones you do will cost you too much in terms of time/effort/money.

Second, storing/transporting/insuring gold is costly and it only makes sense if you have lots of volume. Until then, it's hard to buy/sell gold for anything near its spot price.

Third, maybe gold is as good as an asset gets, but it's still deeply flawed. Its price is heavily manipulated by big powers (isn't that one reason many people turned to crypto?). It's not as good of a store of value as it was in previous generations; a lot of younger people don't see it as so important as previous generations did. I still hold gold just as I hold crypto. I think (there's a good chance that) its value will stand the test of time. But I don't think it's a good basis for this kind of business.

Just so I understand.. what do you mean in regards to 'this kind of business' specifically?