It's been 2 months since I've been posting about how Bitshares can be used to purchased merchandise, groceries and pay bills. Even now I still believe Bitshares can do that because Bitshares is one of the fastest blockchain in the world. Even without using 5% of it's resources to process transactions at the speed of 300k transactions per second.
You can actually check it here https://www.blocktivity.info/
Now, my dream is about to come true introducing OCASH ITO by openledger.
Even with cryptocurrencies unstable price movement this can be possible with the use of Bitshares Smart Assets like bitUSD, bitCNY and so on. Each smart assets are actually backed with Bitshares 1.75 of their respective price. This is to make sure that even when Bitshares price is moving, smart assets will sure to safely hold their value.
The scope use of this debit card will be large, from malls to online shopping. Also this will give huge price spikes to Bitshares, why? Because in order to create more smart assets we need to locked our Bitshares using Bitshares Smart Contract. To able to release your Bitshares from that smart contract you must pay the equivalent debt that you borrowed from Bitshares system. When the demand for Bitshares Smart Assets increase more Bitshares will be lock in a smart contract lessening the circulating Bitshares in the market.
With Bitshares speed you don't need to worry how long will it take to process your purchases. Unlike Bitcoin that will expire your groceries before it process your payment.
Don't wait for OCASH to get it's way on the market buying Bitshares will it's still undervalued is the best financial advise I can give you. Imagine if news spread because of everyone is paying their items using OCASH. Don't let yourself left behind, Bitshares will soon take us to the MOON and that is for sure.
Moreover there is AriseBank partnering with Bitshares. If you doesn't know what AriseBank is they are the first Decentralize bank to partner with the first decentralize blockchain Bitshares.
You can read more about Arise in my previous post.
https://steemit.com/bitshares/@docmastery/contribute-in-arisebank-ico-presale-using-your-bitshares