Great work Fuzz.
One comment: #20 Merchant adoption should be replaced my User adoption. Get the users by giving them a reason to hold, use and prefer bitUSD and the merchants will come. If you put Merchant adoption before consumer adoption, you'll get stagnation just like with Bitcoin.
IMO the proper evolution should be:
1) User holding of bitUSD due to perceived value resulting from yield )
2) (Once sufficiently valuable), merchants attract this wealthy demographic by also accepting bitUSD (same as they are doing with bitcoin)
3) User Usage begins to be driven by merchant offers of products and services in bitUSD.
I respectfully disagree. Bitcoin merchant adoption has been going very well, it's one of bitcoins biggest success areas. It may be possible to piggyback on top of bitcoins work and be accepted by thousands of bitcoin accepting merchants all at once. Definitely something to aim for! User adoption is just the overall goal of the whole thing rather than a step on along the way.
Merchants accepting bitUSD need to be able to easily pay their employees + suppliers with it so they don't have to sell it. Would some kind of integration with accounting software facilitate this, or could they just do it anyway? What would be the barriers stopping merchants from paying their employees + suppliers with bitUSD? (other than lack of demand)
I am glad that merchant adoption is going well, but my questions is: how does merchant adoption lead to user adoption which as stated is our end goal? It doesn't. If users have not reason to hold bitUSD as a store of value the currency play unravels. However in your second paragraph, it seems you are including Business to Business transactions as "merchants", but if the businesses are holding earnings in bitUSD (i.e. using bitUSD as a store of value) they, in this case, are "users" not merchants, so we do agree. The challenge is to give these merchants a reason to want to USE, not just accept bitUSD.