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RE: What do you think of the concept of the ownerless "benefactor bot"?
I was meaning devaluation in the sense that currently most crypto's you would have to sell into another currency to get real world value for. If the currency selling outpaces the purchasing of the currency it would be devalued.
If you have a cryptocurrency that the bot is gaining and able to buy real world goods with directly then that point would be negated.
Think Zcash or Monero, these sorts of currencies would be what this sort of bot would be working with but these is no reason why this sort of bot would require only one wallet when it can have hundreds of wallets for different altcoins. It can also trade so whatever you could do to switch from one currency to another a bot could do too. The only thing it cannot do is touch fiat.