Numerous reasons which we are not extensively enumerating today.

Proof-of-stake and proof-of-burn can't distribute new coins to the masses through mining. We also do not believe they are secure.

We don't believe any existing coin that is not proof-of-stake or proof-of-burn is ASIC nor GPU resistant.

Our holistic design is a belief that ubiquitous mining is necessary for holistic integration of real anonymity. We do not believe Tor, VPNs, and coin mixers are anonymous against national security agencies which we believe will cooperate with tax and law enforcement authorities to bring Bitcoin to its knees. Remember that legal tender is not taxed with capital gains and VAT. Coin taint may be the most serious flaw in Bitcoin.

We believe ASIC dominated mining and large pools are a 51% attack threat against Bitcoin.

There is so much misinformation and misunderstanding. And we are not prepared to debunk the orthodox views today. We understand that such statements could inflame many arguments. So we prefer not to delve in that direction today.

We would appreciate some help on the name.