I would rather trust solidcoin over bitcoin. Once the mining value drops, who are you going to trust to maintain the network, a node like deepbit? They can double spend too. At least with a 1,000,000 coin owner, they have a vested interest to keep the system going.
There are no 1,000,000 coin holders. And with the change to 5 coins/block, there aren't going to be any for many many years. So with solidcoin you are putting 100% of your trust in a single person. Why would you put any trust in a single person who can't keep promises?
Why pay "protection" to a bunch of mafia ridden miners.
Oh, you mean the built-in solidcoin "protection" fund? Yeah, why would you do that?