RE: Bitcoin Unchained - The Platform Independence Movement
Stan, PR is the real problem here. People just don't know that they can put their retirement money into a plan NOW, TODAY, that will act as a balanced investment portfolio. I have been playing with the Bitshares DEX and the smartcoins. It is just sheer genius, that someone can take a previously volatile, risky asset (bitcoin) and transfer it over to an exchange that will shelter it. There is enough volume now on bitshares to back a whole lot of the artificial coins, and with more users, more market makers will back the heroes and bitSILVERS and bitGOLDS. The markets will become rock solid. No more danger of collapse. True decentralization & immense confidence. This next year might see a full-on collapse of the fiat banking system, and an unstoppable rise in the quality cryptos. Bitshares is definately one of them. Keep at it.
A sharedrop is the best kind of pr, look at peerplays sharedropping 5% on BTS which brought users to ppy from bts. The sharedrop may recruit each btc holder to the bts dex which is not an insignificant number, without giving away a core asset.
I have always appreciated being on the receiving end of a sharedrop, but I've come to suspect that they're not quite as effective as you'd hope. Were you around in the early days of bitshares? We were totally out-of-our-minds sharedrop crazy back then, and they almost never ended up working as well as we'd hoped.
Yeah, past sharedrops have been somewhat lackluster however this is a 1-to-1 100% sharedrop, not 5%.
I'll be very interested to see how it goes, to be sure. As I replied elsewhere to Stan, I think its success will probably partially hang on how many exchanges they can get involved. If they could convince Polo to honor the sharedrop then it would have a bit of staying power.
Polo isn't exactly the best exchange, it's centralized and potentially insolvent (rumour).
Sure, but what exchange isn't centralized and potentially insolvent? Even OpenLedger has centralized wallets, even if their order book isn't.