The point is now that coins can be just created, like the fiat currency, by not the government, but single person. This is a wrong way of going. What if someone publish another similar coin, and more and more? There can just be easily out, without much effort, like mining.
Yeah that is true, but I doubt a clone will work again. The appeal of PMC doesn't come from the coin itself but the community around it. Much like doge.