Well for what it's worth I REALLY did mean what I said about consensus. My biggest issue with crypto right now is exactly that - consensus. With no consensus people trying to use it as money will get screwed over and over again when it loses all it's value (consensus). Then second is the pyramid scheme. It took me (longer) to come to this conclusion than it should've (and losing way more money than I wanted to).
But the fact is - that bitcoin slows distribution even while adoption grows. Which heavily heavily discourages use of bitcoin as a currency IF you think adoption will grow. In other words - "bitcoin is like money that I pay with except that if I pay with it now and twice as many people use it next year then it will be worth 2X as much". On top of that - mining halves. So if you assume that bitcoin is a currency (representation of energy) that is worth something along the lines of (# of adopters / difficulty to get bitcoin) then when it halves it further drives up the value of early adopters. Not to even mention the mining difficulty / slice of the pie distribution method. (I'm sure all of this has been discussed somewhere).
But PoS (IMO) takes this problem and makes it worse. If I want an XC coin - I have to buy it from you. I can't mine it. Then I have to hope the next guy is willing to pay more. It's even more of a pyramid scheme than bitcoin. In addition to that ... like I said before.
Currency = consensus. This is why bitcoin is really the only thing trying to be a currency (albeit a pyramid currency). When things are widely recognized as a transfer / store of energy or resources THEN they can be a currency. But what we have is people putting their money into stuff they hopes turns into a currency ... then lose it all in a few weeks.
This mindset creates the unstable markets we see and the high unlikely (due to the economics and competition being set up in such a way to make it unlikely that 1 XC will be worth anything in six months unless new money continues to pour in). So most people thinking "Oh ... this could be a currency some day" WILL be left sitting with an empty bag while the speculators continue to bounce around. Until the distribution is fixed. And a broader consensus is formed around a coin.
I feel the entire structure of everything (PoS is worse) directly discourages long term adoption or an actual "currency". So there you have my rambling thoughts. If XC were really good at what it did (which I have my doubts as to it being the best looking into Cryptonote ... they just need to solve bloat). But IF it were - then tokens being rewarded to nodes that provide private communication is a completely different ecosystem than the PoS (& to lesser extent PoW) pyramid scheme. AND it would help solve the problem we have with TOR - notably that the NSA can fund these nodes and if they get enough of them (and since nodes don't have any way of breaking even or making money - and the NSA has a huge budget they probably are) they can begin to crack privacy.
If you find a way to reward the nodes. You solve the NSA problem.
Sorry for the rambly post.
I hope you change your mind about XC, buy some, and then pay dadon his winnings on your bet from your XC profits! Grin Grin
lolol
but my plan was to bring some more people in and it seamed to work, all good now. and about Shadowcoin..competition is good it drives innovation, lets just make sure whatever they do we do better 
