Earlier quoted context omitted.
Just the other day I saw some very dubious people on BART with dockless bikes. I had to wonder if there's a good secondary market in bike parts that makes those things worth stealing.
i work near a group of homeless bike chop shop people with trash bins filled with parts. they move alot* of bikes. i dont see any of the ford or jump bikes around. i think they are just so awash in parts and frames, there really isn't any strong pull to try to mine the bike rental stream. the frames in particular are probably worthless except as steel scrap. i wonder about the battery/motors though.
You can read more about the bikes at http://montrealgazette.com/news/local-news/fixing-bixis-near...