The problem with Bitshares is they started selling a product before they had one, and have had no problem taking money all along the way promoting whatever is currently being worked on. As such, there are many people who feel they were sold a false bill of goods. Those people can upturn the apple cart pretty badly if they sue Invictus, which will make the project very difficult to complete.
The problem of course with Invictus is there is no escape valve for the funds invested in the venture, so they don't care about investors. They already have the funds. They just want to be left alone to work, which would be fine except they're still taking time to promote and network and pivot the vision based on what they think is right, but it's very seat-of-the-pants and makes me nervous.
Mostly though, I think a lot of us feel like we are trapped. Whether in PTS or AGS, selling now is to your detriment and Invictus can keep this up for as long as they want, individual supporters have no option but to wait.
I personally find Dan to be a nerd's nerd. I see absolutely no hustle in him. (well, hustle in a bad way.) I believe he has a specific vision but the implementation is fuzzy. He realizes the implementation will require a lot of commitment, so it 100% needs to be done right. He is postponing things so that he gets it right or as close as possible. It would be nice to lock up the "first mover" aspect of things, but that might not be the case.
Making broad proclamations like "The problem of course with Invictus is there is no escape valve for the funds invested in the venture, so they don't care about investors" is misleading. The problem is not "of course" and it is more your opinion than anything. It is not optimal for investors to have illiquid investments, but if you believe in the vision of such things that is not such an issue.
I believe a lawsuit might not do much at all. At least not with the US court system. I don't think he could be imprisoned for not paying a judgement. I guess in that way I am a true believer in this silly concept of "decentralized".
TBH, the reason I like Dan is because he comes across as genuine. A bit awkward, not a talker, not a hustler, just a nerd. I see the ether guy talk and he seems to like to pause speaking to let everyone take in what he says. Like everything uttered has some deep meaning. I find that annoying. A silly reason, but I also would be happy coding in C++ and not the crap that is javascript.
The short of this - I believe Bitshares will get it right if anyone does.
Adam, I also believe if you wished to sell off your investment, you could. You're one of the few guys who could manage to do it.
Instead I get a FUD vibe. It is a shame how much of this we see in the cryptocurrency world, but 100% it is not coming from Bitshares.
Read into this what you will, but I believe Dan when he says wants people to argue/debate with him. That is the type of person I like and trust.