Some people like strict pegging of NBT, and dislike spread(0.95 -1.05 $).
My suggestion is to experiment loose pegging with BKC, reasons below:
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BKC is just used to pay transaction fee on B&C, we don’t have to bother ourseleves with strict pegging, just relative stable(eg .0.9-1.1$). As long as transaction fee is cheaper than traditional exchanges, customers don’t care about 0.1% or 0.11% fee, do they?
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Although BKS holders may vote to strict pegging.,we can avoid compete with NBT at least temporarily, both USD and post stamps backed by same US goverment, but BKC and NBT backed by different companies (DAC) because in future the intersection of NSR / BKS holders is unknow.
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We offer different spread options such as 1% to 10%. Let BKC liquid providers select which is the their favorite, they may select 10% spread (0.9$ buy wall -1.1$ sell wall,big profit room) but other providers with 2% spread always trade firstly, so in the end, the market reaches equilibrium, free competition free market.
When bitcoin price flcutuates violently, most providers will choose 10% even 20%(0.8-1.2$) pegging, that’s fine because in that speculation environment, most customers don’t care about the small 20% fee change*(0.1% or 0.12% ), they’ve already got a lot profit or lost a lot.
In this way, BKC liquid providers get profit with the spread, B&C DAC’s expenditure is ZERO. BTW, B&C collects transaction fee from LTC/BTC, Doge/BTC pairs etc, therefore B&C becomes low spending high profit company.
