Comment it will not work that way (Score 1) 267
sounds like he has a lot of bitcoins, so he wants to preserve their status.
Altcoins are having success, even parody ones. Why? Because *coins are a ponzi scheme. Who comes first, gets more for less.
Yeah, creators ARE premining. But nevertheless, the first users can do cheap mining as well, paid by the users who are joining later. Because of this effect you cannot tell people to boycott altcoins, when they have the opportunity to make a lot more money there than with bitcoin.
So maybe there will not be mined more and more bitcoins, but for every coin-currency which is "used up", there will come a successor, which can be mined from start. So its a meta-coin, which does not work by hashing more and more transactions, but by creating new currencies, which will replace the old ones.