BitSharesX are like centralized bankers and not the direction the crypto world should be going in.

BitSharesX is not centralized, please perform some due diligence. BTSX has taken the expected correction after a huge gain in value.

A few links for you TaunSew:

Non technical overview of BitSharesX
https://bitsharestalk.org/index.php?topic=7628.msg101320#msg101320

Start here to read the background on DPOS algorithm:
http://wiki.bitshares.org/index.php/DPOS

Continue here to read about the security and simplicity of sending to names instead of addresses:
http://wiki.bitshares.org/index.php/TITAN

Listen to this episode from a few weeks back:
Let's talk Bitcoin! episode 129. Starts around 12 minute mark with the lead dev Dan. Great listen.
http://letstalkbitcoin.com/blog/post/lets-talk-bitcoin-129-dogeparty-and-delegated-proof-of-stake

Which leads to the asset exchange:
http://wiki.bitshares.org/index.php/Bitshares_X

Finally finish up with this to really get you thinking about where bitcoin ideology will go:
http://bitshares.org/overstock-to-cryptostock/

With all the above were just scratching the surface of possibilities.