The innovation here is the control of supply. That's huge. Huger than huge.
No, as a capitalist I do not agree with you that its a good thing to control the supply or set a base minimum price. Look at how well price controls and capital flight controls worked in Venezuela as a recent historical example. The fact that this control is being done by a centralized entity is even more concerning and the fact that the 100 million set aside to create this support in investor capital is likely a lie is still another concern.
Just to be a grammar nazi here: having clients with lacking technical abilities is kind of the main point of making any crypto "real mainstream"
The clients I am referring to are the founders, investors and stakers not the average guy who wants to buy something.
Or are we vetting PayCoin to replace every fiat ever? And If it can't it's a shitcoin & scam? I really don't think that's a valid argument.
You are getting ahead of yourself. Paycoin is competing with other cryptos, not so much fiat at the moment. Some of those cryptos are inflationary and some deflationary. I would posit that any inflationary coins need to have some serious innovation behind(I.E. Ethereum) it and not simply be a rebranded peercoin fork.. Our economics probably differ as you sound like a believer in keynesianism over other models so we will likely disagree on inflation in general.
Again, what? Did amazon already have this plugin and disable it? It's supposed to come out this week. Where's your info coming from?
This has been discussed heavily already. Do some research into coinfire and the original company legal issues which GAW purchased and renamed to paysave.
ZincSave (which breaks amazon's TOS)