Thank you for answering my question. I have a few more.
In the whitepaper, the author comments on the shareholders of NuShares doing certain things like voting and such. But how do we know that the shareholders will increase the interest rate in a time of need? How do we know the shareholders will grant more NuBits when necessary? What is the incentive for the shareholders to help the network?
Also, how are shareholders making money (what is the benefit for them?)? When they mint, they only make 40 nushares more, and the nushares have no value. When do they get paid the dividends?
Also, how do we know that the custodians will help the network? What if they run off with the money?
Is there a transaction fee when people send their Nubits to someone? Is there a network fee?
Lastly, what is the benefit of me buying Nubits? I pay more money and spend more time to actually buy NuBits than actually paying for an item with regular USD. Meaning, when I buy NuBits from an exchange, I still have to pay a 0.2% fee; when I use USD I don't need to pay a fee. Can you explain to me a scenario when NuBits would be useful?
Sorry for asking a lot of questions. I am just a little skeptical of how the Nu network works.