If there were multiple bitcoin style currencies that would be better. Sometimes the market demands more currency, and that is the natural setting of interest rates. In this type of environment, you can create "digital currency baskets" based on algorithms to have better strength and sell them as a financial product. That would allow for a more modern currency system that can fluctuate based on the market to meet population needs, innovation needs, and other issues that change the demand for currency.

Stable currency doesn't necessarily mean a fixed amount. It means an amount that is set by the marketplace. The best way to do that is just to legalize the use of any currency by anyone whenever they would like. We have the technology now to make all currencies introconvertible even at the retail counter.

It is possible in America to promote and pass competition in currency bills. This would in essence legalize Bitcoin. The popularity of US Congressman Ron Paul would make it very easy to create a political climate for currency competition if there were to be worsening price inflation.

I say USA 'cause the Fed will take on any asset to keep their scheme going.

Is this out of concern for values manipulation?