Ok, I am not exactly sure how this works, so please excuse my ignorance.
Would it not be possible to bring online with new technology some mining rigs that do Petahash/s(PT/s) soon? and after that... the machines catch up to and surpass the difficulty level?
So Bitcoin was inherently created to only give out so many BTC based on TIME not difficulty??
So even if we find ourselves with a machine that can do 600000000000 MHash/s it would still take 127 years?
The monster machine would very quickly chew through as many as 2016 blocks (at most), at which point the difficulty would readjust, and the monster machine would be back to creating one block every ten minutes. It would barely affect the pace of bitcoin production overall.