Hello AnonyMint.
I read your OP with great interest. I wrote down some of my own thoughts about the past and coming situations. I see you have discussed and answered some of these things later in the thread, but I guess the main thing (interspersed somewhere in this rambling wall of text) is me disagreeing with you that initial wealth and the market cornering % attack stuff isn't a problem.
First of all, there are hard problems with mining and hoarding. Look back at when the current economic system was overlaid the older feudalistic system. There were two types of initial wealth vectors at that time: the old aristocracy converting their means into foundations, and the new system tycoons who absorbed wealth both from failed aristocrats and the public (mostly from failed aristocrats, making the new guard tycoons aristocrats by proxy - the public of our civilization haven't really owned anything of note since Rome.) With this initial wealth vector they have been able to completely dominate the modern economic system, as they did the previous. Powerful people always form cartels, there's no "might do" about it. This is simply because it's always more profitable (in the long run) for small groups to work together against the public than to compete. Long term planning always wins over the burst benefits of the short term.
I see no way the wealth vector from the old system wouldn't be able to flood into a mining system (as in if one machine can do a thing, a million machines can do a thing a million times.) It would be good to be able to construct a cryptocurrency that does not rely on mining in this way. Something where value is generated corresponding to real physical value (like human work or a product.) But then you lose the ability to entice people into the currency by playing off greed (like bitcoin,) making it extremely hard to implement. In essence, how does proof of work help when some are able to get insane amounts of more work done through socio-religious means? I point your attention to how fast the establishment smacked up the google and facebook networks (ready to serve billions of users) when the time came to implement Web 2.0. Cost, relating to the publicly shared money pool is, as you can see, a very small deterrence. In top circles, obviously, the currency is not money but slaves.
When attacking by "trying to match the resources of humanity" the rational thing to do is, of course, to turn humanity against itself. Another thing, computer prices are at present heavily subsidized with slave labor in the east - this is because in the coming governmental system everyone needs to be on (soon in) the net. If need be, the subsidization could be removed, or the platforms modified (smart phone?) Granted there is inertia to this, but it still needs to be considered.
Regarding gold, let me tell you a story about my great grandmother, who was an aristocrat of sorts. As WW1 drew closer common people invested in gold and silver as they do now, sensing the impending upheavals. At that time she was selling gold while transferring a large part of her estate into physical barter goods like canned food, alcohol, tobacco and cosmetics. Late during the war, when scarcity hit, her agents then traded these as black market goods into gold and silver at thousands of percent profit post-war. This is one of the ancient scams. Deflation and inflation is of no consequence. Bank and government price charts don't show the true value deflation of everything but necessities in a crisis. War is always coming (only the dead have seen the end of it,) but 99% of commoners act as if it probably won't. I remember as a kid listening to the old bastards laughing about it. Why do you think the hillbillies are being flooded with cheap meth?
You say that the power elites don't want to be obvious, the rationale sounding like this will stay their hand in the matter. This is a truth with modifications. Granted, they will operate covertly when they can, but I think history has shown amply that if the gains are alluring enough, they can be quite obtuse in their implementations. You need look no further than WW2 (the restructuring of imperial bureaucracy to a socialistic-oriented base (was it to be international or national?)) killing off a couple of hundred millions in the process.
To truly tackle this beast with a currency you would need to get at all three pillars of empire. Coinage, for sure, but also the courts (international, national) and religion (media and education.) To attempt to topple the tower by attacking just one pillar would be possible, but it has increased difficulty because the other fundaments stand ready to compensate and flood in. It must be designed so that it can stand up to this. The solution whatever it is must be holistic, outlaw-friendly and jihad-proof.
As you, I don't mean to be negative. Nothing I say should be taken as a deterrence, just perhaps food for thought. I work at the problem from a completely different angle, so it would be strange if we agreed. I do agree, however, that diversity is key, support your project and will follow it with interest.
How about TRUECOIN or FAIRCOIN? Hehe.
Best of luck!
