Well, you have eight decimal places so even if the unit price is big, you are good enough to make it arbitrary low. (btw. either way, be it with huge numbers or with many zeros in front, an average Joe will have difficulties to grasp the meaning of it, being used to the fiat system).
Theoretically, you are right. Planning a globally accepted coin you have to think big. The problem I see, is, however, practically we are one of a zillion of insignificant coins that exists into the altcoins sphere. How would you convince a new user or investor to put, say $1k of his, hers, hard earned money into ZEIT, instead of any other coin?
Also, and that is finally touching the point I am trying to make here since quite a long time, if something is going wrong and you are afraid of introducing changes looking for the excuses like 'that is impossible with our code's (which btw. I have heard in many projects) then you are destined to vanish. If the code is an obstacle why not writing one that will permit such functionality? In the example above you may increase minimum value of the days in stake variable to keep hash proof of stake high, don't you?
In the end of the day, with bigger unit you may wait say 100 days to make your 0.0000001 gain on pos, instead of getting the fraction of it every 5 days. If we are thinking big there should be enough nodes in the network to keep it running even if we stack every 100 days.
I am not going to have to convince any one , the facts will convince any one that bothers to look.
Our Price per coin will increase and therefore the marketcap will increase, that marketcap is the only advertisement we are going to need for a while.
Once it reaches high enough, then we can focus on getting out to the general populace thru paid advertisements.
Excuse me, who was it arguing for the ultra low inflation changes.
(it was me, I am not afraid of dramatic changes and will be paying directly out of my pocket 50 million Zeit to stakers and the Zeit jousting tournaments once Ray make the changes.)The whole point is to move from an unsustainable Proof of Stake Inflationary model , to a sustainable Proof of Stake Transactions model ,
meaning you can make more coins from processing the transactions that you will from staking the blocks.
Unsustainable & Sustainable are in reference to the effects PoS inflation has on the price of a coin, not its energy usage which is equal.
Diving ZEIT#s by 3 zeros, stops global usage , cripples our network security , and destroys the chance for our marketcap to become that beacon that draws the larger community that we all want.
That is why I am against it. It would directly block what we need to happen with the Marketcap's advertising our coin.
Keeping Micro payments, being used Globally, staying usable in foreign markets are all part of the plan.
Much of the infrastructure we need has not been built yet , but it is getting there.
Sites like PoSwallet.com are needed , so that people like in Haiti , that all have cell phones can access
ZEIT, and use it there.
With Ultra Low Inflation , our price will stabilize and these poorer countries will be able to use our coin for their economies and as it's use grows there so its price will grow to the point that even 1st world countries use it ,
ZEIT will be an excellent form of barter payment between individuals and more.
FYI:
In a PoS coin people stake whenever they want and leave their wallet closed for weeks at a time, never really losing anything.
In a PoST coin , people earn more from the transaction fees than the PoS reward,
so they make more coins by staking more blocks to earn more fees, the less blocks they stake the less they earn,
it is a direct incentive to stay online and staking more than a standard PoS coin.
