Your post is really priceless.

1) You didn't explicitly say VISA is currency/money. You implied this by comparing VISA to Primecoin. If i'm wrong why do you compare apples with oranges ? And be sure that even "average Joe" will see differences.

2) This thread isn't about eMunie? okay then don't refer to this scamcoin

3) You talk about central banks, but your video link is on commercial banks. Central banks create money out of nothing (that's why it's called Fiat, like in Fiat lux!), Commercial banks create money by issuing asymmetric debt (with $10 in assets central banks authorize them to lend 200$). It's certainly not the same business. Again you seem to mingle economics concepts, economics agents and relation between them. You want to learn a bit ? Go an buy G. Mankiw book Principles of Economics (even if it's a keynesian book, it's well written)

My point ? I'm really far far from being a noob in economics, and all your arguments against primecoin are /dev/null . They just show how much you're ignorant. Nothing more. Nothing less.

I didn't want to talk on this, but at this point there is no other choice. You don't understand economics, you don't understand computer science that's pretty clear now.

First what is a currency ?
You seem to like VISA business model, but VISA is not a currency, it's a DEBT ISSUER company, just like a bank but without fiat money issuing power (not regulated by fed, ecb, boe, boj...). So if eMunie is a Visa-like scheme it's doomed to fail. Visa/Mastercarcd&co process transactions in few seconds so you're not doing something new, and unlike eMunie, people trust them, they're in business since a while and you know what ? economics and particularly money is about trust.
A currency is a mean of exchange, primecoin can be exchanged
A currency is unit of account, you can basically value anything you want in primecoin, even if his "market cap" (it's better to talk about money supply) isn't large enough to let you buy anything you want
A currency is store of value, that's definitely the most important when it comes to cryptocurrencies, bitcoin included and that's also why regulators want to step in. am I gonna lose my money if I invest in bitcoin/primecoin/whatevercoin. So As long as primecoin keep/increase/manage his value, it's a valid store of value.

You talk about commodities. A commodity is simply anything that can be freely traded so even USD/EUR/JPY are commodities traded on Forex markets. The only difference compared to nature-based commodities is simply Ben Bernanke & co playing roles of "mother nature" for the sake of all of us. You seem to mingle scarcity and commodities.

Now i'll tell you why Primecoin is the best alternative/complement to bitcoin :
-It's fast enough for online transaction. One minute is an acceptable tradeoff for e-commerce. But bitcoin is fine too if you add a layer that can indicate that buyer BTC address has enough funds; nevertheless a fast coin increase Velocity of money and therefore is definitely a plus.
-It can never be merge mined with Bitcoin. So they are two different currencies just as Gold and Silver were.
-It's not a capped coin. Therefore it's still share some characteristics of current fiat money. Continuous supply should stabilize value of XPM and discourage hoarding as value doesn't increase with time. Basically it's like a pure neutral money. World GDP has increased over time (think about before J.C and now), so it's safe to assume a little inflated money to expand innovation and growth.
-Bitcoin won't be the only crypto in town. Friedman in Money Mischief stated that bi or tri-currencies scheme is always better than "monocurrency". I share this view, Gold lost to fiat, because of silver demonetization, so for me bitcoin need altcoins.

Why I picked primecoin among alt-coins satisfying previous statements ?
 - because of his PoW. Gold had intrinsically almost no value other than aesthetic and durability. But there were many durable commodities, so it's probable that people picked Gold and Silver because they were aesthetics. Translated in virtual scheme, Primecoin use of prime numbers is equivalent. For many people (mathematicians) primes are like numbers of God, they seem to follow a pattern and could be seen as very aesthetics.    

You don't like XPM, it's okay. It's a free business. Wait for eMunie and stop wasting your time telling us we're wrong while you don't have a clue about how monetary stuff works.

You don't understand economics, you don't understand computer science that's pretty clear now.

Just because you couldn't understand how Moore's Law regulates inflation in the long term does not mean it doesn't work.

PPC has already demonstrated that it works very well, via an accelerated schedule due to the introduction of ASIC mining. PPC currently has the lowest inflation rate among all top altcoins. How about a collapse in demand? Let's say PPC price drops to 0.0001, 6% of its current price, how about difficulty then, still gonna be at 60K, inflation rate is only going to double at most, still way less inflation than quite a few altcoins such as FTC. That is exactly as designed, Moore's Law would dominate the scarcity model in the long term, demand only plays secondary role in short term.

The scarcity model is by design and of course intentional. It strengthens scarcity in the first four years than bitcoin's design, meanwhile also gives early adopters/investors reasonable advantage. I am pro free market and do not have a jealousy problem toward them, rather I recognize their important roles to help with the growth of the currency.

What you link is propaganda from CMC people. They copied PPC without giving credit yet spread this propaganda about how PPC and XPM (among several other top altcoins) are unfair. Yet they conveniently forget to mention in their malicious propaganda that both PPC and XPM had about 10 days of pre-release notice so the mining public had fair opportunities to participate. Also, both PPC and XPM have no cap, meaning in the long term the seemingly high initial mint quantity would be constantly diluted unlike other coins with cap scarcity model.

Both Primecoin and PPcoin are lost in between being a "currency" and a "commodity" - but do a horrible job of both...

If that were the case, you should be denouncing bitcoin and gold rather than making claims that how primecoin's scarcity is inferior to bitcoin.

There is no such assumption, the scarcity is based on Moore's Law, the fact that difficulty and mint rate change with demand is just incidental and temporary effect, which has no bearing on the long term scarcity model.

the fact that difficulty and mint rate change with demand is just incidental and temporary effect