Peercoin is definitely a promising cryptocurrency, set to fix the apparent flaws that affect the worldwide famous Bitcoin, especially when it comes to the costs of mining.
This virtual currency has really picked up in terms of market cap back in December and its evolution keeps going up in the charts, as this infographic by Bitcoin Examiner will show you. Good news for the miners and Peercoiners out there.
It seems that if you find too expencive to mine bitcoins you just create your own one…But I think that this one is rather promising, because of the inflation. If your asset gets more expensive each day, you won’t have a reason to sell/ spend it and money movement slows (which isn’t good for economy – even bicoin economy). So you just store your BTC forever… As many do.
Inflation is the core thing that makes money to move, to serve economy.
In case of PeerCoin the inflation is too low. They should have been more brave, but at least they have it.