BitLaw - Polycentric Law in Crypto-Space (part 2)

Okay, that is really cool. However what do you mean "except for the function of buying resources from the network itself? Do you mean that it cannot be exchange with safecoin? Or do you mean buying hhd aka resources?

Ah good point. So it is wise to use asset, and have that asset value based on people speculations. Much like what real estate provides the data to the people on the land value.

I been thinking similar to this idea since March of this year, before I found maidsafe. This is exactly what I have in mind. So each safecoin could use as contract?

Ohh thanks for the clarification.

When the coin is divided up into parts, does that mean the data is also broken up, and one person cannot access to that coin unless all party members agreed to access to data?

What if both party set up a rule between themselves, they use a link to safe data. Inside of that safe data contains an agreement between two parties. Both coins broken up, and each holds that contract as a mean as a agreement.