Correct me if I'm wrong, but if BitUSD's purpose is to maintain a close value to the dollar, that's not going to happen.
That's exactly why it
will happen. Unless a pizza some day becomes > $20, BitUSD's purpose is to be worth $20 for 20 BitUSD...
Who gets my real dollar if I buy a bitUSD? Basically, who was smart enough to have me give them a real dollar for a digital dollar not recognized by any shops or the US government?
Yes, I am being a bit of a troll, but it is also an honest question.
The USD peg is only like 2 weeks old...you can't expect adoption yet...lol.