as a user and a miner myself, who is losing money mining btw, i would use this SC for 2 reasons; faster tx times for my scBTC thru the peg  and because it's protected by the risk free put AND i would mine the SC either thru MM or directly b/c of the added revenue of sidecoin block rewards and the associated tx fees.

this is called greed in action.

b/c there will always be some idiots who WILL value it. just look at altcoin valuations.  they're small but they're there and can be sold for fiat.  it would also be possible for the sidecoin to actually take off in value which would really be a huge bonus.

and you are simply economically illiterate. 

who says the price of the sidecoin has to be $0?  what if the sidecoin was sideZerocoin as in rocks example?  a speculator, like myself, would seriously buy up a bunch of sideZerocoin on an exchange for FIAT and that alone could drive the price sky high.

maybe we're having a definitional misunderstanding?  as i understand it "sidecoin", as you've termed it, is an independent coin that can only be produced on the SC thru mining SC blocks for reward.  it cannot be interchanged with scBTC which is derived from BTC as a result of the 1:1 peg. and sidecoin can't travel thru the peg into the MC.  in this scenario, i envision both travelling securely within the SC, both being secured by MM or direct mining.  they will both be mined for tx fees on the SC and both can take advantage of faster tx times.

is this technically accurate and possible?  b/c if it is, then Bitcoin will die.  if it's not, then your argument is strengthened altho i still see problems.

ok,

SC must provide some utility (eg. fast tx) to be useful.
and then somebody creates SC with same utility without "sidecoin" and sc-block-chain will have only 1/2 size (b/c he removes garbage).

When miner have limited resources then what chain will he prefer.
He can mine 4 useful chains(he can take profit) or only 2 with garbage.

Actually most still think it's gold it's paper gold you transact with it because it's better than gold in that you can move it faster.
It is inflationary. It works with a theoretical 1:1 peg and is discouraged with hi transaction fees.

I guess you have fun with your PM shorts recently.

define this:  scZEROBTC

are you saying another SC would arise once removed from MC?

Bitcoin UP!