Anyone here follow BitSharesX? It seems like a scam or at the very least a beta project that makes a lot of unsubstantiated claims. How does counterparty plan to continue differentiating itself from such obvious scams, and is there a contingency plan for when the SEC or other govt. entity does a crackdown that doesn't differentiate between legitimate projects like counterparty that are done with little hype and plenty of real development vs. altcoins like bitsharesX that smell really bad?

Some of the articles on here discuss the problems with bitshares http://prestonbyrne.com/back-of-the-envelope/

Serious replies appreciated!