If we hit the target at iii, where does EW take us after that?

Let me play your game for a moment.  Here is a link to your video at 5:26.  https://www.youtube.com/watch?v=PgDsyj5eLmo#t=326  Watch for 5 seconds.  This is what went wrong with Beanie Babies.  It was the point when Dogecoin decided to switch to an infinite number of coins.  Bitcoin will only ever have a maximum of 21 million coins.  There is no Bitcoin, Inc. waiting to turn out the next batch.  Beanie Babies lost its capability as a store of value when the manufacturer pumped up production.  Value became diluted, investors pulled out, and the bean bag holders were left with worthless product.  Do not confuse this with an item that has limited quantity, guaranteed by mathematics.

OpenBazaar implements proof-of-burn in a different way. On the OpenBazaar network, users can choose to be pseudonymous, meaning you don’t know their true identity. As such, it can sometimes be difficult to determine if they are trustworthy or should be avoided. A reputation system is important to help inform the network of which participants have acted honestly in the past, and which haven’t. There are several facets to the OpenBazaar reputation system, which is still being built, and you can read about the overall system here.

One part of this system is Reputation Pledges. This means that a user has chosen to prove their commitment to their OpenBazaar identity by burning a certain amount of bitcoin. The act of burning coins shows the network that the user is committed to their identity because they’ve now expended resources on it, and if they incur a negative reputation then those resources will have gone to waste.

To help understand the importance of this, consider a similar example in the real world. Travelling salesmen were often treated with skepticism by the inhabitants of the towns they visited. Apart from the annoyance of their house calls, why would people be reluctant to purchase items from travelling salesmen? Two reasons. One, they cannot rely on reputation to determine if the salesman is selling quality merchandise or not; the other customers of this salesmen aren’t located nearby. Two, the salesman has nothing to lose if their products turn out to be poor quality – there is no reputation damage if they leave, and since there is no brick-and-mortar store they’ve invested in, they can simply peddle their wares elsewhere.

You can think of it similarly to OpenBazaar users. If there’s no cost to creating a new identity, or if there is no brick-and-mortar store to keep you in one place, you can simply abandon an identity once it has received negative feedback. Obviously online, you don’t have a physical store, but a Reputation Pledge is a similar concept: you’ve invested resources that create an incentive to keep a good reputation and impose a significant cost for abandoning that reputation.

Bitcoin not to be associated with a murdering c*nt pleasethankyou.

Increasing acceleration curve slope.  Engaging trans-currency fiat liquidation engine.