I guess we are at an impasse. There is really no point in continuing the convo. I'm truly sorry gamey that you have such a negative opinion of me. It doesn't change the reality that Invictus raised millions of dollars in a way that had no accountability attached (by their own admission [1]), the founder who remained has spent all the funds raised (by their own admission [2]), and Bitshares 1.0 still hasn't shipped. At this point Ethereum may have a stable release prior to the Bitshares client. At what point is there a problem? At what point do changes need to be made?
But I guess it's easier to criticize me than take a cold hard look at what has happened over the last year.
Cheers
[1] -> "...AngelShares are an abstract notion, are non-transferable, and do not represent a legal contract amongst Invictus and those who send a donation. The worth of owning AngelShares is derived totally from the social contract enforced by voluntary actions of these who participate in the market place."
http://cryptocoinupdates.com/invictus-innovations-announces-initial-launch-of-angelshares/[2] -> "...Overall we raised about $3.6 million in AGS donations and now that these bonuses have been paid we have spent $3.6 million in 2014. We had a large capital-loss on our BTC holdings and an offsetting capital gain on our BTS holdings. Of the money we spent, 10% went to China, 10% went to US Marketing (conferences, videos, website, travel), 7% on FMV. Our largest expense category was developer salaries and grants including ~$100K for Toast and ~$100K for HackFisher as well as salaries for over a dozen different developers." ->
https://bitsharestalk.org/index.php?topic=12806.msg168469#msg168469BTW notice the fiat quotes come from Dan not me. Furthermore, add the 575k that came from Li and that's over 4 million USD.