3) Lack of technical innovation , mostly marketing fluff
This can even be an advantage. BTC without maketing is /was nothing.
Paycoin has marketing since day 1.
4) The coin is backed by greedy and dishonest owners and clients many of whom lack technical ability and are simply in it for the money
FIAT coins are backed by even greedy and dishonest owners - Governments and Banks. Scams on FIAT or with FIAT are far greater than on crypto - any coin.
5) Long term high inflation will lose out to long term deflationary currencies . We have plenty of fiat for you inflationary needs.
On the stakes??
6) Paysave is based upon a plugin which breaks merchants TOS. These merchants will either disable the plugin like amazon or sue
IF they have an agreement with their merchants, they don't break any TOS.
7) Legal concerns over statements and ICO launch. There is already a mountain of evidence that GAW and josh have lied and misled their clients.
Legal concerns? Personaly i don't have none. I can have more concerns regarding banks and governments and those managers than here ATM.
All it takes is one disgruntled client, a lawyer , and they have a trove of evidence to sue GAW/paycoin with. Expect heavy legal pressure in the future. That is one of the severe weaknesses with paycoin that Bitcoin is immune from.
True, but see the things for this side. They have their right to omit certain information regarding their projects even after launch. Apple do, Samsung do, Microsoft do, other big players do on their products/ projects.
There is no centralized Bitcoin company to sue or place legal pressure upon. There is no Bitcoin CEO.
True. But times of transactions? Not many merchants accept them.
Paycoin will launch with everything a merchant need to accect xpy. BTC or any other alt never did this.