"A journey of a thousand miles begins with a single step".
The truth is - of course Average Joe is not interested in cryptocurrencies. They're just a hassle - you need to send your money to an exchange, buy whateverCoin and only then you can finalize your transaction. It's way easier to use a credit card.
The only real way to achieve any level of adoption is to have a vendor accept your coins, possibly with a discount for purchases (let's skip the curing obesity stuff, unless you have an idea how to implement that. Proof of running, maybe?).
But that's a vicious cycle - in order to have a vendor accept your coin, you need to be big, and in order to be big, you need market adoption. No vendor will accept an experiment based on an experiment.
Besides, you keep talking about LTC - what made LTC known to masses? It was one of the first cryptos other than Bitcoin and it had a new PoW algorithm. You claim that the second is not a way to make it big, and the first is now unattainable.
And this coin can be marketed to an extent. "Prime95 that you can pay your bills with"? Sounds fine to me.
LOL @ Proof of running!
LTC is only where it is at today because it was indeed the second coin into the market after bitcoin. Bitcoin needed something to trade against besides fiat and it worked. As mentioned it had it's own PoW which solidified it's validity within the market and here it is today. Riecoin would have worked if it was released at the beginning or before primecoin. Now it is just "another coin" in the sea of endless alts.
Is it better than most if-not-all releases? yes. Absolutely.
Will it make it to the markets? yes.
Will merchants adopt it? probably not and there lies the problem. It is a problem with LTC too as most if not all LTC merchants were built specifically for that crypto. It is an endless loop and uphill battle within the crypto market.
I agree it is not all about the crypto. If Riecoin was able to add something to the coin to get out of the coattails of primecoin it might be sufficient enough to push itself into the markets. Maybe the authors have something in mind? Maybe this discussion will help Riecoin.
Maybe I will eat my own words?
Only time and innovation will tell. I wish nothing but the best for Riecoin but based on informative launch I see nothing but a small blip on an ever expanding ocean of crypto alt coins and at this point it is nothing I want to burn my CPU's on.
Prove me wrong OP. Take it to the masses.