Bitcoin starts with 1 (mining rewards) and then moves onto 2 (transaction fees) for long-term stability. I think this is dumb if your goal is widespread adoption because it taxes the activity that causes network effects to grow (transactions).
PPC sticks with 1 for the lifetime of the system (through a slow-growing monetary base), strengthening my belief that PPC is a strictly better design than bitcoin.
Comments
There are two ways to fund mining operations:
1) Tax the holders of coins
2) Tax the users of coins
Bitcoin starts with 1 (mining rewards) and then moves onto 2 (transaction fees) for long-term stability. I think this is dumb if your goal is widespread adoption because it taxes the activity that causes network effects to grow (transactions).
PPC sticks with 1 for the lifetime of the system (through a slow-growing monetary base), strengthening my belief that PPC is a strictly better design than bitcoin.