edit: I should note that I consider bitcoin and all of its clones just a long con, and really the only other two (solidcoin and ripple) are quite shady in their own right, so I have a pretty poor view of cryptocurrencies in general. So I do applaud the fact that you are working on something different, especially in regards to the money creation process, but it has to be bullet-proof.
Can I ask honestly for clarification on why you believe the PoW and blockchain principal of cryptocurrency a long con?
Please see my question with no ill intention i want to take on your point of view as a part of my analysis.
Ripple is an obvious scam , I cant comment on solidcoin as I dont even know what it is .
But what specifically about these principals leaving aside obvious scams like ripple etc. do you find in error , obviously much of the excution has been questionable by many of the entities in question , but leaving that aside , where do you see the main problems ?