You can simply sell the shares of new DAC provided the price seems good enought for you or if DAC pays divideds keep shares and have an income of it.

Immoral because people can hoard it?

1. By hoard you actually mean the fact that people can save it, and maintain their value without being forced into our current corrupt system. (Which right now is so bad, inflation is actually higher than the interest you'd get in most savings accounts.)

2. You know that also means your against Bitcoin? Bitcoin is a deflationary currency which lets people do the same thing.
The opposite is happening to your argument, the more people use Bitcoin the more it is spent not hoarded.
Also if you look at America from 1800-1913 they rose rapidly to become the most successful & biggest creditor nation in the world using gold. I don't think I need to explain to you how things are now pretty much the exact opposite now, a hundred years on in a world where the dollar has lost 96% of it's original value.

Introducing a central bank was bad enough but at least they had some link to gold.
Look what happened after the dollar left the gold standard completely.
Only one small group has ever benefited from fiat/inflationary currency...   

I was able to run Keyhotee on Ubuntu 12.04 64 bit and 13.10 64 bit.

Folks,

I still have a few questions about this valuation information:
* When will Bitshares start trading, and could this be delayed?
* Will protoshares cease to exist at that time, having been converted to Bitshares?
* As far as people that really understand this stuff, what is your target position for how much you be your target holdings?.  For example when the funding round closes, what percentage of your capital will be Bitcoin vs protoshares vs angel shares?  Is anyone going mostly all in with angel shares?
* Will the security of Bitshares be equal to the Mining of Bitcoin?
* Once the financing round closes in a few months, would, or could there ever be any more Bitshares put into the economy?
* Still struggling to understand who is paying this Bitshare interest.  What controls how much this will be?  Will it be the amount if interest and activity in futures contracts?

Thanks!

Brent Allsop

Nobody knows the date of start. It depends on development. Maybe 3-5/2014?

Protoshares will not cease to exist ever. Holders will get 10% stake in any other DAC released by Invictus or based on Invictus software and released by 3rd party.
Bishares just spoken about are only the first chain with first 16 assets. More independent chains with different assets will be released step by step. The chain has space limit in MB.

The rest I don't know or I am not able to explain with my English.

What about the possibility of shorting shares of a company via Bitshares and then attacking that company in the real world making the price of the company shares drop? Due to the anonymous nature of BTS the attacker with his short position could get away with it and take huge profits... Think of airlines....

I think it is not possible because on Bitshares such a share is not real share but only CFD.
CFD is something like bet on price.

https://en.wikipedia.org/wiki/Contract_for_difference

The argument that is always made is against merchants accepting Bitcoin for payment is its volatility.

What no one is talking about yet is that Bitshares solves this problem - merchants can simply accept BitUSD as payment (and receive a great 5% interest on all their sales deposits).

Perhaps you just need one big merchant to do this, and who knows what could happen to the price...

I agree. I feel that to be able to use BitCurrencies for everyday payment is the key. But it depends on legality and that will be o big problem.

If we donated from both pts and btc address, will it be possible to import both private keys into the bitsharex account at the same time to claim our ags?

Yes it is possible. AGS are divided equally on daily basis among PTS and BTC donation address. The only requirement is that it is your own walet.

This is original bytemaster statement:

Don't send donations from anywhere but your own wallet!
DAC developers will initialize their genesis blocks to honor the key where your donation came from!