Author Topic: What businesses will be most likely to adopt bitUSD and bitGold first?  (Read 1809 times)

0 Members and 1 Guest are viewing this topic.

Offline karnal

  • Hero Member
  • *****
  • Posts: 1068
    • View Profile
How about 'normal' online businesses, and getting paid in bitXXX (possibly not the best abstraction there.. heh) ?

Would this not bring advantages, especially for those on the frontline who are already being paid in crypto? There seems to be good potential there, I'm willing to bet these people would prefer to have stable value on their earnings instead of being subject to btc/altcoin volatility.

Is that a new UIA you plan to create? Might be a money maker... j/k.. anyways yeah I think it can help crypto companies manage salaries..might have been useful for the Bitshares DAC to pay some in bitUSD as well.

Just bouncing thoughts.. if there's demand, it could be arranged 8)

Tuck Fheman

  • Guest
for me the biggest thing is that you can own (a percentage) of the system by holding BTS (NOTES or whatever the base asset is) ..

You can actually telly your friends:
- I own a bank
- I own a stock exchange
- I own a forex
- I own a music industry :)
- I own a gambling industry :)
 ....

Holy sh@t! I just realized how cool I am, thanks!


Offline merivercap

  • Hero Member
  • *****
  • Posts: 661
    • View Profile
    • BitCash
BTW there is another BitGold & Bitreserves that are also competing for market share.  Those solutions have counterparty risk, but we can probably do a more thorough comparison to help with the marketing message.
BitCash - http://www.bitcash.org 
Beta: bitCash Wallet / p2p Gateway: (https://m.bitcash.org)
Beta: bitCash Trade (https://trade.bitcash.org)

Offline merivercap

  • Hero Member
  • *****
  • Posts: 661
    • View Profile
    • BitCash
How about 'normal' online businesses, and getting paid in bitXXX (possibly not the best abstraction there.. heh) ?

Would this not bring advantages, especially for those on the frontline who are already being paid in crypto? There seems to be good potential there, I'm willing to bet these people would prefer to have stable value on their earnings instead of being subject to btc/altcoin volatility.

Is that a new UIA you plan to create? Might be a money maker... j/k.. anyways yeah I think it can help crypto companies manage salaries..might have been useful for the Bitshares DAC to pay some in bitUSD as well. 
BitCash - http://www.bitcash.org 
Beta: bitCash Wallet / p2p Gateway: (https://m.bitcash.org)
Beta: bitCash Trade (https://trade.bitcash.org)

Offline karnal

  • Hero Member
  • *****
  • Posts: 1068
    • View Profile
How about 'normal' online businesses, and getting paid in bitXXX (possibly not the best abstraction there.. heh) ?

Would this not bring advantages, especially for those on the frontline who are already being paid in crypto? There seems to be good potential there, I'm willing to bet these people would prefer to have stable value on their earnings instead of being subject to btc/altcoin volatility.


Offline xeroc

  • Board Moderator
  • Hero Member
  • *****
  • Posts: 12922
  • ChainSquad GmbH
    • View Profile
    • ChainSquad GmbH
  • BitShares: xeroc
  • GitHub: xeroc
for me the biggest thing is that you can own (a percentage) of the system by holding BTS (NOTES or whatever the base asset is) ..

You can actually telly your friends:
- I own a bank
- I own a stock exchange
- I own a forex
- I own a music industry :)
- I own a gambling industry :)
 ....

Offline merivercap

  • Hero Member
  • *****
  • Posts: 661
    • View Profile
    • BitCash
I like the idea that bitUSD can help Bitcoin & altcoin miners... it's useful for altcoin traders/investors/speculators... as well as forex traders.. eGold was really popular as a payment system, but I never really used it before... I figure bitGold can be used the same way so it may be good to follow a similar path to adoption... what else?

BTW I think the brand 'bitUSD and bitGold' is huge... really a distinctive advantage...
BitCash - http://www.bitcash.org 
Beta: bitCash Wallet / p2p Gateway: (https://m.bitcash.org)
Beta: bitCash Trade (https://trade.bitcash.org)