One note though: Whether DRK will be profitable to mine or not, will not only depend on the block reward but also coin price. If, by the time X11 asics come, there are like 50-80-100 x11 coins, it might be the case that many of them might be more profitable to mine. The large number of x11 coins, is, in a sense, a guarantee for ASICs appearing at some point.
Sure, an abundance of X11 coins would make ASICs appear for X11. But, if none of them are pointed at a DRK pool, we still have The Bomb scenario, but then ANYONE could drop it.
How many SHA256DR ShitCoins could be owned by my 30GH/s BFL box? It's not even worth the effort to plug it in if profit is y motivation. But I'm thinking of an entity that wouldn't even notice the money needed to design an ASIC, who is not motivated by profit, but control and destruction. An entity hell-bent on enslavement of the masses; which masses often ask to be enslaved...
I see the problem being some X11 ShitCoin being more profitable than DRK. Say, an X11 version of DogeCoin? It's an absolute JokeCoin. But, it has a higher market cap than DRK, doesn't it? Steve Jobs knew it; Sunshine and Stupidity are the only unlimited resources on Earth. Leverage stupidity and you win even if your idea is terrible. Good ideas fail every day because the masses are stupid.
And in the bigger picture... Using tor and cryptoexchanges, cross-coin trading already gives us anonymity...
I'm not trying to troll. One has to play Devil's Advocate to find the holes in the plan and shore them up. There are definitely holes, but I'm wondering if there is even a reason to fix it...
No troll at all, good points, just different views.
I see it this way. It takes the exact same amount of FIAT & time & human resources to develop an ASIC for x11. Big money is in Bitcoin. Train loosers developed scrypt & scrypt-n ASCIs. Most of these are getting really really burnt. Buyers too!
So in essence, yes it will happen, no I am not worried. I believe they are looking out for innovation, but I believe they're more worried of not loosing to a class action suit for fraud (delivery, pre-order, under spec, dangerous hardware, flunk warranties, etc)