What are you going to do with the up to 1 trillion $ that you get from selling your RLCs? Will you always keep all that money in reserves or are you going to do fractional banking just like traditional banks? If you will keep that money in reserves, you risk having it stolen, embezzled, or just having need to use it because your company is running out of money. If you don't plan to keep all of it in reserves, then you are no better than the current banking system + paypal.
In a sense, you are just printing your own currency backed by USD. Just like the US printed dollar backed by gold. And maybe one day, you will remove that backing. I hope you are prepared for the legal mess you are getting into.
I believe he said he will use smart investments to slowly grow any monies invested, which would be returned both into the company itself, and to miners. I would hope that this means that all funds are available within X number of days, if necessary. IMO, the funds should be invested in very safe, but very liquid investments. I think he said the minimum balance needed was $200k for the particular investment he was looking at starting with.
Did you miss the part where he said the central signing would be removed when there were enough miners to take over?
No but that isn't a guarantee of anything. Merely a vague promise with no specific conditions or enforcement if they decide not to.
No, it is not a guarantee. I guess I don't understand your point? Why does it matter to you whether miners play a role in it or not? This is meant to be a Bitcoin-like Paypal alternative. Something where people can buy and sell in USD-equivalents, without paying Paypal-level fees (advantage vs Paypal), and without worrying about their money losing value while they hold it (advantage vs BTC). Ideally, miners would be able to eliminate the need for a central authority signing transactions, but the system still works even if that never happens.
Realcoin is ready for the USD collapse... Hyperinflation is coming....
If it's tied to USD, it'll inflate just as much as the USD will.