True, I agree with Substrata on this. Anonymity........only for cryptosimp geeks who wanna break the law and keep silk roading. The Anon fad is dying in my eye anyways and hopefully we can move into the phase of actual adoption here. So we have a couple things we can contemplate here. First off is our coin supply and how to market this effectively. In GrounBEEF's eyes the whole reason of making scarcity PoS Bitcoin is to make it a reserve and actually be more valuable to a regular Bitcoin. I know I will get hounded for this but this is really the real reason as to why this coin was created in the first place. Extreme rarity, Extreme value. Ok done with that, now we must ask ourselves what we really are trying to do here now. What do we do to include ourselves within the Bitcoin ecosystem but also be a great addition to it insofar as building on top of it.
Scarcity of coins did not proved to be of significant importance. There are coins like 42 and BitBar, there was even Onecoin that had just 1 coin total, ever, but none of those coins
made it. In my opinion, it is all yet another trick to persuade naive to buy into the whole scheme. Major problems there arise once coin eventualy reaches parity with Bitcoin or goes
higher in value than Bitcoin - micropayments will become a pain in the ass. Bitcoin already shown 21M total coins is not really enough for real world applications because many price
tags become absurd. If for some item one has to pay 0.005284 BTC then it all becomes complicated and confusing. Normal people are not get used to pay 0.005284 for Cola or some
other cheapo stuff. Sure you can switch to mBTC but it complicates the deal even more, now you have additional variable to check on top of already unfamiliar looking price tags.
I think Satoshi made serious mistake by opting for 8 decimal places instead of commonly used 2. If user has to pay
5,284.00 for Cola it would be more intuitive than 0.005284 coins.
Another issue is when default currency unit goes up in price to levels where normal people are supposed to pay hundreds or thousands USD to obtain just 1 such unit (1 BTC). Most
people will think twice before buying 1 something for 1,000 USD whatever that something is. If you tell them to buy for 100 USD then you will usualy hear replies like "Nah, I do not
want to have just 0.1 something, that would be pathetic!" and situation usualy resolves with user not buying anything!
"moneysupply" : 56,554.13991800 XBC
Because of reasons mentioned above, I would have no issues switching to 56,554,139,918
.00 XBC.
"All told, anyone looking for all of the U.S. dollars in the world in July 2013 could expect to find approximately $10.5 trillion in existence, using the M2 money supply definition. If you
just want to count actual notes and coins, there are about U.S. $1.2 trillion floating around the globe."
http://money.howstuffworks.com/how-much-money-is-in-the-world.htmSo even 56+ billions XBC would make micropayments complicated if XBC ever reaches USD parity.