I just read like 20 times in this thread that the referral program is not effectif ...
The referral program is
not about giving us 100.000 new users in 3 month ! Come on !
It's about incentive people to find ways to promote BitShares. So they can have cool revenues in the furture if they do it well.
As far I can observe, it's working pretty well after only 90 days !
As an example, with two friends we have been working on
www.bitsharesfcx.com/ for about a year. We translated like crazy everything available in french, BTS 101, the client, bts.org, the infographics, articles, ... we learn HTML, CSS, some PHP and MySQL to code a web page with a forum and much more coming in the next months.
There is hundreds of hours of work there ! This work more the expenses didn't cost even 1 single bts to BitShares. Thanks to the referral program !
Now if you check how many person we have referred ... not a lot !
Why ? Because we are just starting ! We'll finish our 2 first videos soon and we will start to speak about us and bts in every single french speaking place in the web where people speaks about economy, cryptography, crpto curreencies, ...
This is just one tiny example of what effect can have the referral program.
My point is, it works PERFECTLY !
About the fees, I think this thread wouldn't even exist if the persons in favor of the Bitcrab would have read the prefect solution of the "% fee with low and high cap". This can't be even a debate, because it would make everybody happy, chinese community, american, europeen, referrers, businesses, ... everyone HAPPY !!!
Is there even one good argument out there why this is not the solution to this pointless debate ?
(I hope noboby will bring on the table the 3M bts cost because it's really nothing compare to the amazingness of the proposal and the peace that will bring in this community)