Colored Coins is an excellent idea and implementation. It is incredibly powerful tool. I agree though that there is a lot of disinformation out there. One such example is the idea about decentralized P2P exchanges. Unfortunately many people don't understand that you can't have a decentralized exchange for a centralized asset! Whatever you do on the exchange or however you do it, at the end you have to deliver the asset they have purchased to the customer using legacy distribution channels like banks, payment processors and other money services that are heavily regulated i.e. centralized! Creating parallel distribution channels is forbidden by the law because it is forbidden to act like a bank, payment processor or other money service without proper license!

I hate to see on this forum so much talent wasting their time in fundamental disconnect with reality. My gut feeling is that people managing projects like Mastercoin and BitShares will learn this simple truth the hard way.

It is a giant endeavor. I hope you really have the financial resource and manpower to make a steady progress.

That is more accurate comparison. However, interest rate differential between fixed and floating interest rates sometimes can be a negative number while dividends are always positive.

Thanks for taking the effort.

"Sam goes short 100 BitUSD, 200 BitShares held as Collateral in Blockchain. Sam now owns 0 BitShares."

"Alice owns 100 BitUSD"

Question:
1. What and where is Alice's collateral held? If no such, why are only shorts supposed to hold collateral in the blockchain?
2. Who gets the dividends of Sam's BitShares when they are held as collateral in the blockchain?

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"Because the price has fallen $2/BitShare, Sam would like to take his profit..."

Question: What if Sam is very greedy and waits, and waits, and waits... for the price to go even lower? How will Alice limit her loss? Or if somebody else forces her margin call and takes over her position, how will they in turn limit their loss if Sam is still unwilling to close his profitable position?

If you don't like what your PR is doing, you fire him. If you keep him, you bear all the consequences. It is simple.

Crooks will stay together as long as there are stupid money available.

Josh is the "face" of BFL. The "face" did his dirty job to deceive, lie, and mislead BFL sponsors (aka customers). Without Josh's polished skills of a professional fraudster BFL certainly won't have such a "success" robbing so many people. He is the master crook in BFL & Co and deserves the lion share of all the stolen money.

They are very competent crooks. BFL was a scam from the very start.

Getting other peoples money through fraudulent ads and false promises and refuse refunds. Is that nothing? Should those people love him?

Oh. I'm not an exception. There are hundreds if not thousands like me.

Inaba did.

What for? Did I steal or lie?

Lol. The usual argument of ponzi crooks. People gave them their money voluntarily.

Same higher threshold that leads bitcoin mining into absolute centralization?

This is not the way life survived on planet Earth. The key to a successful ecosystem is diversity not uniformity!

What do you mean? Bitcoin's hash algo is the best one and must be kept unchanged forever?!

If only they use the same hash algo. Fortunately, alt coins are using totally different or heavily modified hash algos and this is why they are alts not clones.

I disagree. If bitcoin fails everything based on bitcoin blockchain will also fail. Diversity in alt blockchains is the best chance for success.

Customers don't get promises, they get products or services DELIVERED! That is what CUSTOMERS pay for! You obviously treat BFL's customers as investors but without the rights investors have?

They didn't steal all the info they want. They received it for months and years simply by requesting it. The "hack" was just a cover up.

Reference is made to RT's Google Hangout with Pirate Party Founder Rick Falkvinge and the question Stacy Herbert asked.

http://rt.com/op-edge/internet-security-google-hangout-499/

Very often people get confused while distinction is very simple in my view.

Privacy is a right. It is one of the universal human rights. As with every right it is up to you to choose when you want to exercise this right and when not to. Anonymity is a tool/method to fight for your rights when they (incl. the right of privacy) are violated and not respected by the powers.

Well, as you can see, BFL crooks have broken the law in every possible way!