His point is that Blackcoin has all those features as well, except for pegging.
HOWEVER
Bitbay's wallet has a much better UI than the current Blackhalo client. The smart contract setup is more straight forward and has more functions.
Blackhalo will eventually get this as well but the fact remains that Bitbay already had this for month.
If that ICO wasn't such a fucking scam then this coin would have a horde of excited people messing around with smart contracts, something which NO other coin currently has, not even Blackcoin.
Agreed it sucks but will try to work out the kinks from here. By the way, did you see the BlackHalo UI? Its awesome. The reason I didnt release that one yet was because I'm making it a big release.
Also, when I fork Bitbay with checklocktimeverify the contracts will be much faster than BC. But BC has NightTrader. Although NT release was delayed to hit the markets in Halo (don't forget BC and BTC also get markets) So there are tradeoffs.