I see the sock puppets are out in full force today, wonderful! 
A USD can be seized and taken from you with force. A bitUSD lives on the blockchain and can not be seized. Would you trust your BTC with a 3rd party that has control of it or in your wallet with a private key that only you have? That's the difference between USD and bitUSD. Your bitUSD can't be seized or taken from you.
What are you selling sex slaves? Who the fuck is the evil empire coming for your precious USD which you claim are useless and collapsing.
Luckily you can keep BitUSD's that continuously lose value as a whole overtime by the requirement to transfer via BTS into BTC.
Jesus, you do realize transactions on any blockchain are by definition public. That same boogie man could come anyway. Hide yo kids, hide yo wife, you conspiracy boner.
Maybe you missed what happened in Cyprus when many innocent people had the funds stored in banks stolen?
https://en.wikipedia.org/wiki/2012%E2%80%9313_Cypriot_financial_crisis
Civil Forfeiture is practically government-sanctioned stealing for the "greater good", and there are many silly laws that governments can use to steal your money.
https://en.wikipedia.org/wiki/Civil_forfeiture_in_the_United_States
Governments forcing citizens to pay for services they don't wish to fund, and/or they don't agree with, and/or is against their religion... is stealing from innocent people. Such as Obamacare, Catholics paying for birth control, paying for someone to sit around and drink beer or do drugs all day while you have to work your ass off (welfare), etc...
https://en.wikipedia.org/wiki/Welfare
https://en.wikipedia.org/wiki/Patient_Protection_and_Affordable_Care_Act
You do not have to be a criminal to have your money stolen by your government, private entities or other people. The examples I listed are only instances of government theft of innocent people's money, not even one instance of private entities or people doing or causing that as well. I could go on and on all day, but my job is not to educate the uneducated, and you guys are wasting enough of my time already having to refute your idiocy-laden posts. Furthermore, Phoenike only mentioned one benefit of Smartcoins, of which there are many. Although, this thread only focuses on negative things about Bitshares so I won't mention them... and as I said, you can do your own research as I'm already wasting too much time here (or just don't do the research and keep FUDing along with your agenda... whatever.)
I do have a solution, but a dumb fucking pleb such as myself doesn't need you, but for everyone else: it's called USD - yeah, they are new and come in both physical and digital form. They are the perfect peg for those wanting to hedg their cryptocurrency holdings with fiat currencies such as the USD.
Now remind me why BitUSD isn't an inherently useless asset, that borderline a on scam, let alone running an unlicensed and uninsured securities exchange (because that's exactly what assets on BitShare are), and the fact we have no way of speaking with the team's lawyers to request LEGALLY REQUIRED paperwork upon request regarding an investor prospectus.
Kthbai.
Now remind me why BitUSD isn't an inherently useless asset, that borderline a on scam, let alone running an unlicensed and uninsured securities exchange (because that's exactly what assets on BitShare are), and the fact we have no way of speaking with the team's lawyers to request LEGALLY REQUIRED paperwork upon request regarding an investor prospectus.
Kthbai.
A USD can be seized and taken from you with force. A bitUSD lives on the blockchain and can not be seized. Would you trust your BTC with a 3rd party that has control of it or in your wallet with a private key that only you have? That's the difference between USD and bitUSD. Your bitUSD can't be seized or taken from you.
What are you selling sex slaves? Who the fuck is the evil empire coming for your precious USD which you claim are useless and collapsing.
Luckily you can keep BitUSD's that continuously lose value as a whole overtime by the requirement to transfer via BTS into BTC.
Jesus, you do realize transactions on any blockchain are by definition public. That same boogie man could come anyway. Hide yo kids, hide yo wife, you conspiracy boner.
Maybe you missed what happened in Cyprus when many innocent people had the funds stored in banks stolen?
https://en.wikipedia.org/wiki/2012%E2%80%9313_Cypriot_financial_crisis
Civil Forfeiture is practically government-sanctioned stealing for the "greater good", and there are many silly laws that governments can use to steal your money.
https://en.wikipedia.org/wiki/Civil_forfeiture_in_the_United_States
Governments forcing citizens to pay for services they don't wish to fund, and/or they don't agree with, and/or is against their religion... is stealing from innocent people. Such as Obamacare, Catholics paying for birth control, paying for someone to sit around and drink beer or do drugs all day while you have to work your ass off (welfare), etc...
https://en.wikipedia.org/wiki/Welfare
https://en.wikipedia.org/wiki/Patient_Protection_and_Affordable_Care_Act
You do not have to be a criminal to have your money stolen by your government, private entities or other people. The examples I listed are only instances of government theft of innocent people's money, not even one instance of private entities or people doing or causing that as well. I could go on and on all day, but my job is not to educate the uneducated, and you guys are wasting enough of my time already having to refute your idiocy-laden posts. Furthermore, Phoenike only mentioned one benefit of Smartcoins, of which there are many. Although, this thread only focuses on negative things about Bitshares so I won't mention them... and as I said, you can do your own research as I'm already wasting too much time here (or just don't do the research and keep FUDing along with your agenda... whatever.)