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Just had a quick look I think it looks really good.
My thoughts & input -
BitShares
The Decentralised Bank & Exchange
Maximise privacy
With BitShares your account is completely private. No personal details are required.
Low fees
Our fixed fee of $0.01 for any transaction or trade is one of the lowest in the world.
Earn Variable Interest
Balances earn a variable interest rate. Currently averaging APR X%
Huge Selection
Keep balances in any major national currency or crypto-currency as well as gold, silver, oil & many more.
Decentralised
BitShares is simultaneously located in many countries at once, so it can never be shut down.
Secure
Ditch fractional reserve banking & fraudulent accounting. Your balances are always 100% accountable & secured by an average of 300% collateral that's fully transparent and viewable in real time.
Fast
Transactions & trades execute in less than ten seconds.
Any Currency. Any amount. Anywhere. Anytime.
@Alexkravets: For a long time I was a ripple supporter and I understand all the benefits of Ripple and absolutely make sense and will be used in the future. Although I do not like very much its centralization...
What really frustrated me in Ripple and this is the reason I will never use it again as investment (buy xrp and hold) is its distribution. I was caught up in the huge dumping and there is no guarantee that this will not happen again when initial shareholders can massively dump. Every crypto can experience dumping but this risk with Ripple is much greater imho, especially after this rally the last month. Is there a reason to believe that this is not the case anymore?
On the other hand Bitshares can do whatever ripple does and much more in a decentalized manner. Isn't it obvious that Bitshares is a better investment (buy and hold) than Ripple? Of course Ripple is backed by the existing financial system and this is really difficult to compete, but since we believe in decentralization, bitcoin, freedom and liberty of finance shouldn't we all try to support bitshares over ripple? We can't change the world we live only with words and support existing systems because they might make us rich. We actually need to do something different about it.
Another positive spin is that all these are not being trademarked: bitUSD (they want bitdollar), bitEUR (they want biteuro), bitWTI, bitCNY, etc. I would be content with taking the "forex / trading" versions and letting them have the "normal word" versions, if it came to that.
The only collision we have is bitgold. There's lots of bitcoiners who would fight that one though.
All cars are basically the same: Mostly they have four wheels, an engine, a steering wheel, brakes, etc. However no one would argue, rationally, that all automotive companies should merge. The diversity of needs and desires of the market supports different approaches to the same problem.
The crypto space needs to be the same to avoid dieing to group think. While I don't support the open hostility common between competing crypto technologies the competition for market share is good for everyone.
