Interesting analysis, though I would find it more credible without intervened personal attacks on Nex creator.
Levelcoin, I wonder what your opinion on this danger of constant inflation?
The person making the analysis points out two "fatal" flaws in the NEX prototype.
The first being that tier one coins will inflate over time. This is a flaw in NEX and not in Level coin.
Locked wallet based diminishing returns nullify any prolonged inflation, causing users to burn which in turn creates a strong deflation.
The second being that whats the point of having first tier coins when you can just hoard second tier coins.
Again this is a flaw in NEX and not in Level coin. Without LV1 coins, you will never be able to make exchanges or cash out.
At some point you have to stop burning and start selling to newcomers which helps them get started on their own burns.