Once again I have gone over my head. This happens to much so for now on I am giving up on projects and I may still run my pyramid/ponzi that seems to be my only success. But with school starting in about a month I would not be able to handle BitDollars. People may think I am a scammer but I am far from one. I simply get in over my head time after time. And this will be the last time.
For what it's worth, I didn't think you were a scammer (and I apologize if I sounded like I was accusing you of that or implying that). I think you meant well but didn't really have a good idea of what you were getting yourself into. We actually badly need an e-wallet service run by someone truly trustworthy. The problem is, trustworthy people understand what a complex job it is to really do that right, and unless you intend to scam people, it's not likely to be all that profitable and you may have to defend your reputation against false accusation after false accusation. So that drives away the honest people and attracts the scammer.
Imagine if you did your bit dollars plan, and I started claiming that I bought 10 BTC from you and then when I went to claim it, you said it had already been claimed. Say you were honest, sold me the 10 BTC, and all you know is that someone claimed them. You don't know whether I'm scamming you and I claimed them or someone somehow got the code and you can't prove the 10 BTC you sent was to someone who knew a code that only you and I should know. (Maybe they peeked at my bit dollar, maybe not, you don't know.) What do you do? Do you pay me back the 10 BTC to preserve your repuation? Out of what? It's not like this is a high-profit service.
And what if you get hit by a car while holding lots of other people's money?