So in summary you're saying devcoin can't work because unlike most other cryptos currencies it's not a deflationary pyramid scheme, even though such schemes are necessarily flawed as currencies from the onset? And that although the required stability and sustainability for real world substitutability of state fiat, given economic and monetary trends (no I don’t know at what price), could perhaps be achieved with a currency concept like Devcoin it is Devcoin that has the model wrong?

I think it will be fascinating to observe the progression of views and wake-up calls in this area over time as people begin to appreciate that wealth still does not grow on trees or with feigned blockchain scarcity. Actually it’s already fascinating, if a little tragic. 'Ethicoin' can't work with a limited blockchain in application of anything like the devcoin model because the weight placed on early payout > later. This problem won't be remedied by a rising price because there is no incentive for early adopters and miners to give away a free lunch and therefore every arguable downside but none of the upside of devcoin. But I'm sure the developers understand this, as do you. But good luck with it.