TCNY has been accepted by BTC38.

[Empirical1.2]

Congrats 

I think there could be a good market for TCNY/TUSD this year?

CNY is 4% weaker vs. USD in the last 2-3 months.

If that trend continues a lot of Chinese people would really like exposure to TUSD?

be practical . Not a lot of Chinese people will like to be exposed to a crypto token that's rely on several people(I'm referring to those who give people the impression that if they walk away and BTS will go to zero ) to keep it running  , or lack of liquidity .
It's a fun experiment . 
I would rather expose myself to cold hard USD cash .

Except there's an annual limit of $50 000 which may go even lower if Yuan devaluation continues.

I don't know if you can view the link but there was an article last week that said that some people in China are even buying expensive .com domains as a way to move money from CNY to USD.

http://www.zerohedge.com/news/2016-01-05/heres-ultra-clever-way-chinese-are-circumventing-capital-controls

This is very complicated and risky in terms of getting value back. I think a good TUSD may be better by comparison.

Most Chinese people couldn't earn 50000 USD a year .

True. But the top 1% of Chinese households  (15-30 million people) have an average net worth of $1.6 million

If a lot of their wealth is in Yuan denominated assets (Property, Chinese Stocks, other...) they will want to move more than $50k into USD/other if the Yuan is rapidly depreciating.

and you think those rich folks have nothing better than a crypto platform that only has hundreds of real users to divest their wealth , including using other people's quota ?
that's what i mean about being practical . you can only attract those who you can afford to attract .

Bitcoin is being used for this purpose and the article I linked to showed some Chinese are buying expensive .com domains as a way to move money.

So I think TUSD could be simpler and cheaper than buying .com's as a way to move wealth and is also preferable to Bitcoin which exposes you to a lot of volatility unless you trade out of it very quickly.

You are right that BTS is still small though.

[btswildpig]

Congrats 

I think there could be a good market for TCNY/TUSD this year?

CNY is 4% weaker vs. USD in the last 2-3 months.

If that trend continues a lot of Chinese people would really like exposure to TUSD?

be practical . Not a lot of Chinese people will like to be exposed to a crypto token that's rely on several people(I'm referring to those who give people the impression that if they walk away and BTS will go to zero ) to keep it running  , or lack of liquidity .
It's a fun experiment . 
I would rather expose myself to cold hard USD cash .

Except there's an annual limit of $50 000 which may go even lower if Yuan devaluation continues.

I don't know if you can view the link but there was an article last week that said that some people in China are even buying expensive .com domains as a way to move money from CNY to USD.

http://www.zerohedge.com/news/2016-01-05/heres-ultra-clever-way-chinese-are-circumventing-capital-controls

This is very complicated and risky in terms of getting value back. I think a good TUSD may be better by comparison.

Most Chinese people couldn't earn 50000 USD a year .

True. But the top 1% of Chinese households  (15-30 million people) have an average net worth of $1.6 million

If a lot of their wealth is in Yuan denominated assets (Property, Chinese Stocks, other...) they will want to move more than $50k into USD/other if the Yuan is rapidly depreciating.

and you think those rich folks have nothing better than a crypto platform that only has hundreds of real users to divest their wealth , including using other people's quota ?
that's what i mean about being practical . you can only attract those who you can afford to attract .

[Empirical1.2]

Congrats 

I think there could be a good market for TCNY/TUSD this year?

CNY is 4% weaker vs. USD in the last 2-3 months.

If that trend continues a lot of Chinese people would really like exposure to TUSD?

be practical . Not a lot of Chinese people will like to be exposed to a crypto token that's rely on several people(I'm referring to those who give people the impression that if they walk away and BTS will go to zero ) to keep it running  , or lack of liquidity .
It's a fun experiment . 
I would rather expose myself to cold hard USD cash .

Except there's an annual limit of $50 000 which may go even lower if Yuan devaluation continues.

I don't know if you can view the link but there was an article last week that said that some people in China are even buying expensive .com domains as a way to move money from CNY to USD.

http://www.zerohedge.com/news/2016-01-05/heres-ultra-clever-way-chinese-are-circumventing-capital-controls

This is very complicated and risky in terms of getting value back. I think a good TUSD may be better by comparison.

Most Chinese people couldn't earn 50000 USD a year .

True. But the top 1% of Chinese households  (15-30 million people) have an average net worth of $1.6 million

If a lot of their wealth is in Yuan denominated assets (Property, Chinese Stocks, other...) they will want to move more than $50k into USD/other if the Yuan is rapidly depreciating.

 

[btswildpig]

Congrats 

I think there could be a good market for TCNY/TUSD this year?

CNY is 4% weaker vs. USD in the last 2-3 months.

If that trend continues a lot of Chinese people would really like exposure to TUSD?

be practical . Not a lot of Chinese people will like to be exposed to a crypto token that's rely on several people(I'm referring to those who give people the impression that if they walk away and BTS will go to zero ) to keep it running  , or lack of liquidity .
It's a fun experiment . 
I would rather expose myself to cold hard USD cash .

Except there's an annual limit of $50 000 which may go even lower if Yuan devaluation continues.

I don't know if you can view the link but there was an article last week that said that some people in China are even buying expensive .com domains as a way to move money from CNY to USD.

http://www.zerohedge.com/news/2016-01-05/heres-ultra-clever-way-chinese-are-circumventing-capital-controls

This is very complicated and risky in terms of getting value back. I think a good TUSD may be better by comparison.

Most Chinese people couldn't earn 50000 USD a year .

[Empirical1.2]

Congrats 

I think there could be a good market for TCNY/TUSD this year?

CNY is 4% weaker vs. USD in the last 2-3 months.

If that trend continues a lot of Chinese people would really like exposure to TUSD?

be practical . Not a lot of Chinese people will like to be exposed to a crypto token that's rely on several people(I'm referring to those who give people the impression that if they walk away and BTS will go to zero ) to keep it running  , or lack of liquidity .
It's a fun experiment . 
I would rather expose myself to cold hard USD cash .

Except there's an annual limit of $50 000 which may go even lower if Yuan devaluation continues.

I don't know if you can view the link but there was an article last week that said that some people in China are even buying expensive .com domains as a way to move money from CNY to USD.

http://www.zerohedge.com/news/2016-01-05/heres-ultra-clever-way-chinese-are-circumventing-capital-controls

This is very complicated and risky in terms of getting value back. I think a good TUSD may be better by comparison.

[bitcrab]

Congrats 

I think there could be a good market for TCNY/TUSD this year?

CNY is 4% weaker vs. USD in the last 2-3 months.

If that trend continues a lot of Chinese people would really like exposure to TUSD?

be practical . Not a lot of Chinese people will like to be exposed to a crypto token that's rely on several people(I'm referring to those who give people the impression that if they walk away and BTS will go to zero ) to keep it running  , or lack of liquidity .
It's a fun experiment . 
I would rather expose myself to cold hard USD cash .

when I created TUSD, my plan is to provide TUSD redeem service with cooperation with business partners, but finally the partner decided not to introduce BTS things to their business process. so I now need to look for another, seems the service will not come soon.

[merivercap]

 

[btswildpig]

Congrats 

I think there could be a good market for TCNY/TUSD this year?

CNY is 4% weaker vs. USD in the last 2-3 months.

If that trend continues a lot of Chinese people would really like exposure to TUSD?

be practical . Not a lot of Chinese people will like to be exposed to a crypto token that's rely on several people(I'm referring to those who give people the impression that if they walk away and BTS will go to zero ) to keep it running  , or lack of liquidity .
It's a fun experiment . 
I would rather expose myself to cold hard USD cash .

[Empirical1.2]

  Congrats 

I think there could be a good market for TCNY/TUSD this year?

CNY is 4% weaker vs. USD in the last 2-3 months.

If that trend continues a lot of Chinese people would really like exposure to TUSD?

[liondani]

    

[roadscape]

Great

[donkeypong]

Great work, guys!

[cube]

First privatised smartcoin tradable in an exchange.   

[sudo]

 

[Bhuz]