You listed the problems of bitcoin and said that your coin will escape them. The question is: how will you avoid the centralization process of mining, if you get the same distribution as bitcoin?
It is explained in the video, sir.
The algorithm is ASIC resistant and the community expressed that they want to keep it this way.
So it is basically much more easy to mine it with a computer with a GPU, than it is to mine Bitcoin.
This helps a lot in the descentralization of mining.