BitShares is an Idea…whose time has come! BitShares is a small town on global scale.

BitShares is an Idea… …whose time has come. The specific software, network, and ledger that BitShares is today has very real limitations. But the idea behind @BitShares, BitAssets, and non-violent self governance is so powerful that all the forces in the world cannot stop it.
All the forces in the world are not so powerful as an idea whose time has come.- Victor Hugo.
The idea will live on in one form or another. The entire concept of numbers on a ledger having value exists entirely in the collective mind of the BitShares @community. It doesn’t matter what form that ledger takes, what matters is that we all share a common idea regarding who owns what. We no longer rely on governments to be the arbiter of property rights.
POCKET exchange between steem and bitshares will be offering to exchange POCKET tokens between @STEEM and bitshares blockchains. Fees may be paid to people to get this started.

Will be reaching out to others including @biophil to work on getting some trading activity on bitshares to increase potential value and use for POCKET as well as a place where it may be traded since we don't have an exchange possibility on STEEM at this time. Don't think a bridge/gateway is worth exploring just yet in our experimental phase.However am open to exploring such possibility.

Seems that many will be exchanged through a variety of ways on steem in exchange for goods, services, and other ideas potentially as some have already started too!
Platform to power high-speed transactions for their applications. To meet the growing demand for more information about managing high-speed transactions in Redise, the Redis Labs team has published a technical white paper on the topic.
Sending POCKET on steem for POCKET on bitshares.
Real-time, high-speed transactions have become a necessity for most businesses in this on-demand era. When we go down to the database level, the term “transaction” can refer to any system of record (not just financial in nature) where the data or activity is recorded permanently. High-speed transactions are in demand in many industry verticals.
Will offer this service in the near future.Please mention ideas and offer amounts to pay for this initial service. Would like to send a bunch of people these tokens at the same time so that everyone has time to be ready for the market. Like the genesis block taking some time. This way as to have more initial market makers to potentially make for a better market with many users getting involved around the same time. When I was shopping last week, I noticed a significant difference between the checkout times of Walgreens and Safeway. Both were quick to scan and bag my items, but Walgreens was able to process my chip-based credit card in a second, if not less.I pushed my card inside the reader, and immediately heard a beep.At Safeway, validating my card took about 10 seconds. Though 10 seconds doesn’t seem all that long, imagine if you were waiting in line behind eight people, all paying with credit card– just the payment processing alone would add about 80 seconds to your wait time!
Please express your interest for POCKET on bitshares at this time. In the coming days I will initialize accepting POCKET transactions between the STEEM and bitshares blockchains.Will also think up a good way to hold reserves backing up both reserves to keep them balanced while being transparent.
For retail stores, improving operational efficiency is crucial to their success.
A recent article published in the Harvard @Business Review validates this claim.The article quotes a study that examined the financial data of 37 U.S. retailers, and found that those who focused on operational improvements were the most successful.Kroger, for example, implemented hi-tech solutions that helped them reduce the average customer wait time in the checkout line from four minutes to 26 seconds.Kroger cites this as one of the main factors that contributed to its 50 successive quarters of revenue growth. Initially I have only issued 1,000,001 POCKET to myself on bitshares as an example that are backed up by more than two million POCKET on a few other accounts. Will refrain from market making efforts until we have numerous POCKET token holders on btishares to be fair.
Within the next week I expect to issue POCKET tokens to users on bitshares that will be held on STEEM by this account.

POCKET on bitshares will only be issued for POCKET that I hold that may be readily redeemed. In the future a reserve account will be created on bitshares to hold POCKET tokens as they are redeemed when I do not have enough to cover the outstanding bitshares POCKET. This is to keep them available for the future if they are needed again but to be "reserved" as they will not be on the market or exchangeable at such time that I take them back and give STEEM POCKET for them and could effectively not have enoughSTEEM POCKET to cover the bitshares POCKET token amounts in a continued effort to keep them balanced, and redeemable in a transparent model.
At its most inner layer, BitShares is software.To be more specific, BitShares is a distributed multi-user database with update permissions managed by a defined set of rules and public key @cryptography. At this level it isn’t very interesting to most people, but is still very important. Software is open source, easily copied and modified, and most importantly protected by free speech. This means that almost nothing can stop BitShares at this layer short of a global event that destroys almost all digital data. Governments once attempted to regulate cryptographic software as a weapon and impose export controls. Governments lost that battle long ago and no longer attempt to regulate or control the spread of free software. In the case of BitShares the software is in the Public Domain. Moving up a layer, BitShares is a @network. A network of computers owned by individuals all over the world run the BitShares software and keep their databases synchronized according to the rules defined by the software. The BitShares network can survive as long as there are at least two computers that can communicate with each other over the @internet.

This network of distributed computers ensures that the database is robust against failure.Every single computer on the network maintains a full copy of the database which means no one can change the public record. This immutable public record becomes the foundation of higher layers.

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BitShares is a Ledger
A ledger is a database containing account balances and transfers among them.Every bank, company, and organization that deals in financial matters has a ledger that tracks who owns what. The BitShares ledger is very robust because it is built on the prior two layers: highly distributed network, that is fully transparent, and secured by the latest cryptography.
Compare this to ledgers in use all around the world today. Ledgers based upon paper can be lost, stolen, modified, burned, or miscalculated. Digital ledgers managed by software such as Quick Books or Quicken are centrally managed, can be updated, changed, back dated, corrupted or otherwise misused.

Advanced ledgers such as is in use by our banking system are still subject to human error, lack transparency, are only backed up a hand full of places and often times are internally inconsistent.
https://m.facebook.com/story.php?story_fbid=784881071712004&id=100005703546407&ref=bookmarks

https://mobile.twitter.com/harussepakat
https://m.facebook.com/herman.hanafiah.1?ref=bookmarks
Just ask the owners of MF Global where the depositors’ funds went?Ask any of the big banks who really owns the gold and how many times the same ounce of gold has been used as collateral;they cannot tell you with any degree of certainty. The ledgers in use today around the world are fundamentally broken when it comes to reliably tracking property rights.How do we know they are broken?Have you ever heard of cooking the books?Today’s ledgers have insufficient technological barriers against fraudulent edits;the ultimate protection is a manual audit, but audits are time-consuming, expensive, non-public and only as trustworthy as the auditor (think about Enron).
Answering the question “What is BitShares?” has been one of the most difficult challenges I have faced. BitShares is so many things to different people and there are a thousand different ways of understanding what BitShares is.This post will tell you what BitShares is to me, its founder.

Before getting into the long-answer to this question, let me give you the executive summary. BitShares is one of the most important tools that any community can use to secure their freedom;an idea whose time has come. After reading this post I bet you will agree. There are many different layers at which we can understand BitShares.
Each layer has its own benefit and usefulness.
BitShares, the software, is just a tool that enables our community to reach unambiguous consensus on property rights. In many ways, it is no different than Rai stones which are large immovable stones used as money which were valued because of community consensus.

Thanks @alfa-good