There are currently c$2 mil tether in existence and only c$100k of bitusd. I believe that this is an indication of what bitshares can become!

When bitshares was first launched, within 1 month c$1 mil bitusd were created and this skyrocketed bitshares market cap to c$80 mil. I believe that if a whale (s) again see the benefits of decentralized bitassets and decide to create c$2 mil bitusd then I believe that bitshares market cap will surpass the $300 mil. This can happen within a few days not to say hours. Increasing the amount of bitassets to these levels, will create liquidity and enormous speculation about the potential of bitshares. Confidence in the ecosystem will be restored.The ecosystem is much more mature now than 2 years ago, the Graphene technology is much better than the one used in the original bitshares.

I believe that since there is currently a demand for $2 mil tether there should be much more demand for a decentralized stable asset such as bitusd. Otherwise what is the point evangelizing bitcoin and cryptocurrencies? Just stay with fiat and the current banking system.

I believe that one of the many reasons for not this happening yet is that the benefits for a whale (s) to create bitusd are not very clear. I think we should all start explaining what are these benefits in simple structured business plans and proposals. There have been some nice attempts in the past to explain those benefits but mostly with riddles.

Investors do not want riddles. They want a simple plan.

Why should someone with lots of money to invest should buy bitshares, lock them in collateral and create bitusd? How will this whale profit from the ecosystem?