ah, Reddit! another great oracle of wisdom and truth.
Made me lol

Seriously though, Mastercoin seems like quite a big project. I don't see why people shouldn't talk about it

They are all very upset that JR quickly funded and got people working on something interesting that they have been kicking around these forums for years. They are the non-participating naysayers. Now that the bus left the station without them, they only sit around kicking the tires hoping the bus will crash. But their hopes will have no effect whatever whether or not the bus actually does crash. They just know they aren't on the bus and they wish they had $2million in the bank to advance their code. In one simple word: jealousy
The only thing that I can make out clearly about this project is something along the lines of : BUY MASTERCOIN NOW!
Elsewhere David A. Johnston is telling me that I should write a Distributed Exchange for them? Meanwhile other people are telling IBM execs that they have a distributed exchange?
Seems that investors are just desperate to throw money at anything these days. This thing is like a retarded Flooz.com minus Whoopi Goldberg. We're up to 2 million now? I thought it was .5 million? Where is this thing incorporated?
So you're writing open source code for the public that does what exactly? nothing about this project is clear, everything about this project is sketchy.
Mastercoin pls go.
They raised a few thousand bitcoins in August for the project. I was a contributor (with bitcoin) as I really like the idea. So yes, the higher the BTC rate the more money they have in the bank. A couple million dollars now. Pretty impressive and it's more then I could say for any alt-coin.