The purpose of Bitshares is to secure life, liberty and property for all. How? By using technology to decentralise the power of money, to codify a digital constitution with consensus forming the backbone of its governance. Why? To ensure the network is resistant to corruption over time, enabling a participant to resist theft or censorship.
I think that's the philosophical part. Most didn't give a direct and concise answer. What services does BitShares provide? What is BitShares about? If we can't explain that how can we hope to attract new people'? Ben, I appreciate your posts and although I get you, an investor won't care at all about most of what you just said.
NuShares and Nubits aims to provide stable cryptocurrency pegged to the US Dollar.
BitShares aims to 
The best I can come up with at the moment is BitShares is a platform which allows for development of financial tools via smartcontracts. Dunno if that's the most correct option. However, even if it is, "financial tools" is a term too relative. I think I can't explain too well but from what I've seen neither did most people in this thread. So the question here is what will those smartcontracts be based on?
Before it was easier. I could say BitShares is a decentralized exchange but now seems to be way more than that and people may have a difficult time trying to understand the concept.
The point I'm trying to make is a serious one, not just repeated philosophical sound-bites. The principal value of Bitshares is corruption/centralisation resistance with the ability to scale. Why are investors not interested in that? Because they don't think it works? Or it won't be allowed to work? Don't want it to work? Don't get how it works? DPOS is the core innovation that sets Bitshares apart from many other projects. If you are saying we need institutional investors, well then I disagree. We need to earn the trust of ordinary people and if successful, new institutions will grow from that. You might say that ordinary people don't care about corruption, they just want easy. Well they might care more once everyone gets burned by the central banking super theft etc
What is the simplest, most compelling argument for people to use Bitshares? Bitshares can protect you, everybody, the planet from the effects of tyranny that results from the mis-use of the power of money.
All the application layers, the decentralized market, the pegged assets, smart contracts, the referral systrem etc are brilliant features. But they are worthless without the network's integrity. Good money drives out bad. Bitshares must be synonymous in people's minds with good money or eventually, people and the new corporations will be utilising a different network.....
How do we summarise what Bitshares can do? Well it offers an efficient, secure, low-cost means of sending, recieving, executing and recording transactions. This provides the framework for buliding digital networks with a variety of features like decentralised markets, pegged assets.....etc. New features and applications are being innovated all the time. In simple terms Bitshares can be your accountant, lawyer, insurer, estate-agent, banker, government, post office, stock market etc and money. It really depends on what the user wants to do with Bitshares.
Topic: What is the focus of BitShares now? (Read 25254 times)
