I am very interested in how equalcoin will work. Are you going to just give one equalcoin to each person on Earth? Assuming you do this then very quickly your equalcoins will no longer be equally distributed! Because some people will buy them and collect them and some people will consider them worthless and sell them.
Darn, foiled again.
Of course the distribution will change afterwards, if not the money is useless.
You give each person on earth say 1 coin, then each one can do with it whatever he wants, some people then become richer and some poorer, but they start the same.
it could have been done like each one that register the system gets one coin, they can use a biometric identification to prevent registering more than once. I am sure this system should not be harder to implement than the current one.