Forget Safecoin for end user of SafeNetwork. Think USD

@SwissPrivateBanker I agree there are issues that may hold banks and other organisations back, but note that banks have been quick to pick up blockchain tech so you may be overly pessimistic because SAFEnetwork applications are much simpler to build and understand than blockchain apps and use.

However, I make no assumptions about banks or big business using SAFEnetwork early on. We’ll start with geeks and other niches (security, privacy, censorship related), and gradually pick up ordinary users.

At this stage - once it’s been road tested and people who’ve used it begin to recognise the potential and opportunities - I think there are several factors which could cause growth to ramp up:

  • cost - SAFE could be a free cloud for a lot of individuals, small enterprises, charities etc. Also kicking in for wave after wave of ever bigger organisations as time passes. And for those who can’t earn enough to pay for use it will still be cheap because: no shareholders, overheads, variable costs etc
  • earning potential - there’s a lot of people out there in the crypto community - and who know a bit about bitcoin but aren’t geeks - who are aware of the potential that bitcoin once offered, but no longer exists for individuals. When people realise almost anyone can earn Safecoin, and that Safecoin is a better bitcoin, take up could be huge, the best ever, everyone will be saying so :wink:
  • ease of use → productivity & cost savings - I think even we will be surprised at SAFEnetwork’s potential to beat all other platforms on usability (aka productivity), maintenance, security and other cost drivers because it not only simplifies usability of cloud-style applications, it also unifies them all under the same UI. For Windows, Mac, Linux, desktop and mobile: it will be the same UI, the same apps, and all your data available - regardless of the OS or device you are using. This could mean big increases in productivity, and massive reductions in IT infrastructure related costs. So this could be a major driver for adoption, HUGE, even better than the best ever… :wink:
  • innovation - with this new platform come new capabilities, and that will spawn innovation. It will create a new open landscape on which developers will imagine and build new things, and which companies will want to turn from opportunity into business. I think we should anticipate the excitement of bitcoin multiplied by a large factor for two reasons: the hurdle for developing on SAFEnetwork will be very low. Basic web skills will be enough. And because the apps built will have an exceptionally good UI without all the difficulties of bitcoin, which has only recently managed to create a wallet that someone without a PhD could use reliably.

EDIT: Another factor, which I add now because I’ve just realised how important it will be when it comes to which projects will survive and which will not:

  • vulnerability - the ability to survive government attacks, both technical (filtering, blocking etc) and otherwise. It seems to me that all these projects are getting an easy ride for now, but that governments are in general becoming more controlling and authoritarian, so SAFEnetwork may also have a big advantage in having minimised its reliance on vulnerable Internet services and easily blocked protocols.

Those are the things that spring to mind :slight_smile:

19 Likes