What is the ideal relationship between Steem and BitShares? They could be like twins but not financially - on the conceptual level.
The core concepts
What is Steem? Is a brilliant incentive scheme idea. It's a pump that constantly re-distributes wealth in an ecosystem according to the perceived value of your input for the ecosystem. It's simple and it's brilliant.
What is BitShares? BitShares is another brilliant incentive scheme. It solves the problem of price-stable (yet free of counterparty risk) assets. It's elegant but it has one big problem - it does not address the issue of liquidity.
The flawed approach
It's been suggested here that BitShares fans can make money on Steem and then invest this money to help BitShares. This is a badly flawed approach, on so many levels, and also quite offensive to those who love Steem but don't care about BitShares.
What do I propose instead?
Steem is about internet content. That's the core product of Steem.
BitShares is an exchange, thus it's about liquidity. Liquidity is the core product of BitShares.
Steem has found a way to stimulate the creation of internet content.
What can BitShares take from Steem?
BitShares can stimulate the creation of liquidity in a similar way Steem stimulates the creation of internet content.
Constantly re-distribute shares in the DEX according to shareholders contribution to maintain liquidity.
And that's it.
Share the same mechanism but for a completely different goal.
If Steem works, so can BitShares.