I put together a short informational video for this promotion: https://www.youtube.com/watch?v=LdtdS1uibJA

If you own a Raspberry Pi, you should definitely set it up as a Peercoin node. It's a lot of fun, and is literally quite rewarding! 

You might want to check this out. 1000 free XRP for software developers, from the Ripple Dev Blog. Current market value is about $6. I don't know how long the promotion is going to last.

Youtube video with more details: https://www.youtube.com/watch?v=FDCkuejUTEM
Direct link to giveaway: https://www.assembla.com/ripple

Enjoy!

I think this isn't true. Some purposes of Peercoin are covered in the video in the OP. However, in a general sense, all cryptocurrency benefits early adopters.

This is extremely, extremely unlikely. Bitcoin is quickly reaching the point where it will never be "changed" again. Too many players would have to agree to update their software, which simply wouldn't happen unless there were some emergency.

Well, this is the obvious problem -- Mintpal had 30% of the total supply. It could have attacked the network itself, without any hacker stealing any funds. Can you imagine one entity having 30% of the total USD in existence? Vericoin was too concentrated in the hands of too few. Over time, as a coin grows, it spreads to more people and this risk goes down.

I'm the person who produced this video -- I just created an account to match the new Youtube channel name.

Hm, you're right. I had misread this thread as anti-bitcoin: https://bitcointalk.org/index.php?topic=45977.0 However, it's clearly not. Opinions were mixed in late 2011, but there were no strong arguments that "bitcoin was dead." I stand corrected.

I consider this to be a fair review. The video really is very pro-Peercoin, because it focuses on the potential risks in Bitcoin, but only briefly touches on the potential risks in Peercoin. If you are interested in other aspects of Proof of Stake, I recommend subscribing to the channel, as more videos are planned.

Thanks for watching!