If you're anything like me and spend every day constantly worrying about the price of BTS and its future, you probably have a lot of questions regarding Stan's plans on conquering the market. In the comments to one of his latest posts about helping Houston I asked him a few questions that worried me the most in that day. And after the GODFATHER himself spoke to me I thought that maybe his answers could interest some other people too.
So here's my questions and @stan's answers to them.
- This line : "BitShares could easily grow from 15 cents to 150 dollars in two years - if enough people adopt it as their exchange."(from the "Can Bitcoins Rebuild Houston?" post) got me confused - wasn't the goal of Billion HERO challenge to get BTS to $330 in year and a half?
Stan's answer: "Separate campaigns. The Billion Hero Campaign goes .33 to 330. Harvey's Heros goes from current price to 1000x as an example. Actual performance depends on all sorts of factors, like China and US regulators rattling the cage."
which got me confused even more, because if both of the campaigns are built on the same BTS token, their growth should be identical. But then I realized that he probably meant that these are not mutually exclusive: if Billion Hero succeeds - BTS goes to $330, if not - easily to $150.
- Why would people still use BTS after EOS came out?
Stan's answer: "BTS will build on EOS and bring with it all that has been built."
Sounds good
- What is our answer to Lightning networks? The way I see it, regular people just want to buy their coffee/pizzas/cars etc with their money and don't really care about market pegged assets and exchanges. And when LN comes, our Fast Bitcoin would be the slow one...
Stan's answer:"We are gathering users now, not whenever LNs finally come online, if ever. Besides, they are centralized off chain - not a real honest solution."
Looks like he knows what he is talking about!
- Why, in your opinion, none of the huge announcements you made until now have had any effect on the price of BTS?
Stan's answer:"The announcement we've made have only been to the local community, for their benefit. We will be ready for the general public when the new web site is complete, later This Summer."
Sounds fair.
That's it! Hope it will relieve some of your stress or feed your interest.
Maybe I will ask him more and make this a tradition, depending on this post's success and, of course, @stan's willingness to answer silly questions.