Sure, you can distribute mining rewards as interest to holders of bitshares. This is bitshares monetary policy. You can choose whatever you want.
Sure, it is possible to maintain a peg to the USD or BTC or whatever.
Sure, it is possible to have free markets in your currency. Currency pairs, etc.
You cannot do all three simultaneously.
http://en.wikipedia.org/wiki/Impossible_trinityThere is a reason why they put the word impossible before the word trinity in the phrase.
You are claiming to be able to violate the impossible trinity in the press. You must know that you cannot do this.
You are using your claim to solicit investment.
This is equivalent to a ponzi. You have tried to cleverly disguise it.
Anyways, aren't you supposed to be sending me a bounty for exposing a flaw in your scheme:
1HxNKmUd1YgR9Metop4mHZdGNGEhUfEvcP
The impossible trinity is true if the only means of controlling the price is 'printing money' or 'destroying' money, but that is not what we have. Furthermore, the analogy breaks down when you factor in 'Sovereign monetary policy'. We are not attempting to Peg BitShares to USD via monetary policy. BitUSD is the result of two sides of a prediction market that neither creates nor destroys value, it merely transfers it from those who bet wrong on future price movement to those who bet right. This can be maintained forever, especially because of automatic margin calls that 'settle the trade' before the long position can lose money.