everyone keeps saying they are comminist type coin. can some one explain that or why it is not?
By 'everyone' I guess you mean DecentralizedEconomics. He has some irrational hatred of Bitshares for some reason, maybe because its a competitor to NXT. Personally I find it smarter to buy both NXT and Bitshares and hedge my bets.
Bitshares is like a corporate governance system, things are controlled by shareholder vote. Who gets to produce blocks is decided by shareholder vote, parameters of the system are decided by shareholder vote, etc. I don't see how a corporation could be considered 'communist'. If corporation and communism mean the same thing to you, which they apparently do to DecentralizedEconomics, then you are using different word definitions than the rest of us.
Hatred? Yes ... Irrational? No ...
Like I've said before, Corporations are fine things and acceptable in a free market economy. Corporatism though is bad and exactly the same as Communism. Corporatism is one or more corporations effectively controlling the economy/state through monopolistic practices. Communism is the state controlling the economy/corporations through monopolistic practices. There is no difference between the two. As Chairman Stanlin's dear friend Vladimir Lenin so accurately described communism as "nothing but state capitalist monopoly made to benefit the whole people."
Now the reason this applies to Bitshares is because of the way shareholders elect delegates. Bitshares uses the notoriously flawed
approval voting system which is
known to be unsuitable for contested elections. Approval voting is unsuitable because it is susceptible to
strategic voting where a very small amount of the voters can collude together to drastically affect the outcome of the election in their favor. Effectively, this means a very small amount of shareholders control the entire Bitshares economy/blockchain through monopolistic practices. Sound familiar?