Quote from: ninthgate on December 13, 2013, 06:00:38 AM

I doubt the altcoin concept offers any advantage apart from maybe getting it listed on a dubious exchange.

You don't need to use the exchange as a wallet. The coins stay in your labrat wallet...unless you want to trade them. You can do this privately if desired.

Quote from: ninthgate on December 13, 2013, 06:00:38 AM

it opens up issues like what happens if my hd crashes, and I lose my lrm wallet?

The exact same thing if your HD crashes with the wallet you have on record with Labrat that you signed a message with. Dividends will still be paid in bitcoins to some bitcoin address.

Quote from: ninthgate on December 13, 2013, 06:00:38 AM

what if i made a private sale? while the transaction happens without an issue, both parties still have to go back to grnbrg to pay him his fee to update the ledger?? meanwhile the blockchain should be proof enough, right? doesnt seem to fix anything apart from having it listed on an exchange of ill repute and exposing it to increased volatility and buyers who will have no idea what the heck they just bought. and I all but guarantee that they'll have zero clue on how to digitally sign a message.

Not in the scenario I described. If you have labrat coins in your labrat wallet. Register the wallet address on the LR website. It would be entirely automatic on the server side.

Quote from: ninthgate on December 13, 2013, 06:00:38 AM

would lr pay divs on lrm coin fractions?

Yes. As long as you register the labrat wallet and provide a bitcoin address for dividends to be deposited.

Quote from: ninthgate on December 13, 2013, 06:00:38 AM

if lrm bonds are replaced by a dividend paying alt coin, does lr draw scrutiny for coining money?

I'm pretty sure the answer here is no. It isn't presented as an official US currency, and it doesn't look like any US currency.

Quote from: ninthgate on December 13, 2013, 06:00:38 AM

if I wanted to buy fakecoin, or whatever, I wouldve bought one of the lamecoins. I bought btc dividend paying bonds in lrm. I'm not willing to restructure the holding just to buy some dubious beta.

The software is already proven. Bitcoin is no more real than any altcoin. Most of the altcoin software is the same - just launch any altcoin wallet and see. Your % holdings and dividends would not change one iota. Only the digital form of the bond.