in more common parlance, who would invest wealth and time into GOV coin that Gov can devalue at will? Conversely how would Gov function as they do without being able to devalue and issue currency at will?
I have no idea what you are saying in the rest of your post, but this sentence I understand - and you are totally right there! That's the whole point of cyptos, and not enough people jumping on that train will be willing to give up their new freedom.
the evaluation of Peercoin has been much greater than BTC and LTC over the same period.
BTC and LTC had paved the way.