I would have loled at this , If I could stop crying.
Your argument would be served better by a real rebuttal rather than a veiled attempt at condescension.
From my position, I would argue that there is no such thing as a completely stable currency. With a currency like bitcoins that has an upper limit to the amount that can exist, you are going to continually (albeit probably very slowly) lose currency to factors such as lost wallets, hoarding, and the like. Without a small level of inflation you have, invariably, a small amount of
deflation which is far more devastating. This is why virtually all national currencies aim for a 1-3% annual inflation rate.
TL;DR: 1% inflation > any amount of deflation.
Also the 1% inflation acts as a form of investment "interest" for the network. I wouldn't be surprised to see bitcoin monopolized by a cartel of ASIC miners once block rewards disappear. Network monopolization is the one thing that threatens to destroy a virtual currency. Nobody can argue against that.
With Peercoins the 1% gain by participating in the proof-of-stake network acts like a GIC, or T-Bill. It is the safest place to store your money and get a guaranteed return.
This part also made me laugh:
Without a small level of inflation you have, invariably, a small amount of deflation which is
far more devastating.
Block rewards my go down , .... but you know that it will happen in a few decades , while there is still the transaction fee which is supposed to replace the reward by design.
Also advertising for a copycrapclonecoin doesn't make your post any better.
