Peercoin better than bitcoin?

[bittymymitty]

Peercoin seems like it overcomes the 51% problem bitcoin has, so is peercoin the longterm winner once mining ends?

I mean once all bitcoin have been mined out.. no reason for miners to keep all that hardware going, the NSA could take over the entire network and be in sole control of all transactions.

[pand70]

You are talking about many many years in the future.
Having said that i think ppc is one of the notables alts.

[Itun]

Peercoin seems like it overcomes the 51% problem bitcoin has, so is peercoin the longterm winner once mining ends?

I mean once all bitcoin have been mined out.. no reason for miners to keep all that hardware going, the NSA could take over the entire network and be in sole control of all transactions.

Curious, (I'm ignorant about this) what kind of problems do bitcoins have but peercoins don't?

I highly doubt the NSA will take over the network...

What will they get?

Criticism, hatred, and more hatred than they already have right now.

[pand70]

I think op implies that when the blocks will start rewarding miners only with fees, that the incentive will not be any longer enough and the total hashing power will drop.

[kdrop22]

Peercoin seems like it overcomes the 51% problem bitcoin has, so is peercoin the longterm winner once mining ends?

I mean once all bitcoin have been mined out.. no reason for miners to keep all that hardware going, the NSA could take over the entire network and be in sole control of all transactions.

The reason Bitcoin has 90% percent of the market cap and other Alt Coins 10%, is due to network effect. For an AltCoin to take over Bitcoin, the innovation or advantage has to be so big to overcome the network effect.
On the otherside of the coin, AltCoins are lower in price, so the possibility of higher reward is greater as well.