BCNext doesn't propose to change 1B limit, he is even against it coz this would break forging. His idea is similar to issuance of eDollars on Asset Exchange.
Oh - I thought the purpose of the Asset Exchange was always going to be for such things. At the end of the day I think that the AE just brings the Nxt functionality closer to Ripple (which may or may not be a good thing).
NXTs r not coins, at least the creator of Nxt didn't want them to be coins.
I have a problem to understand where the difference is now
- CfB always said there should be coins on top of Nxt
- Now BCNext says there should be coins on top of Nxt and this should be the sole purpose of Nxt.
Since you need NXT for this coins, NXT will automatically gets evaluated (high) and BCNext idea of using NXT as coins cannot become real because NXT will get traded like gold coins, e.g. eDollars backed by NXT, dollars (long time ago) backed by gold. Wrong?
edit: Or is this a terminology problem, because 'gold coins' are no coins?