Forget Safecoin for end user of SafeNetwork. Think USD

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People also pay taxes on that and it isn’t at all anonymous. Anything involving fiat compromises security. Better to just have a straight up currency exchange. Leave SAFE as it is and then sell your safecoin for your fiat currency of choice.

Then you don’t understand the importance of an anonymous and decentralized internet or what we’re trying to build here. If the SAFE network was based on USD I would not use it. I would wait until it was forked and used a secure cryptocurrency. Fiat is not worth my time or money. In fact is SAFE had proposed that it was using a fiat currency I wouldn’t even have gotten involved in this project and written it off as another dead project or money making scam. It’s the fact it DOESN’T use fiat that makes the difference. It’s the fact it offers true anonymity and decentralization and security for everyone that makes the difference. It’s not just another dropbox or skype its’ a truly decentralized internet and that should not be compromised because some lazy ignorant people don’t want to learn how to use a currency exchange.

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Your nick totally turns be off, but I welcome you regardless :wink:

There are soooo many other reasons to use the network!

What I hope will happen is that I will just login once every session, and will never have to use another pasword whatsoever until I decide to logout and call it a day. If I have a productive day atm, I start the computer and probably use 20 to 30 passwords, 10 of them multiple times a day. I probably have around 100 different passwords or even more, and it keeps growing because nowadays every site, no matter what they offer seems to require an account at some point. This will hopefully be history with the safenet, without reducing security, ofc!

Honestly for this alone I want the safenet. Currently no matter how many of our precious currencies we spend, there’s just no service or possible way to achieve that.

//edit don’t get me started on syncing devices!!

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I agree with your responses to me. Unfortunate if my mobile tokens app reference was interpreted as a demand, was just offering an idea to make it easier for OP to wrap their head around the fact that its not going to be an issue. and just because i dont persnally value the need for illegal/confidential/illegal business and have my own thoughts on why safenet can have enormous value doesnt mean i can’t understand the value in other aspects of it.

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For years I have been deeply passionate about decentralization of power, money and governance. There are few who would argue that the SAFEnetwork is the 100 trillion kilogram gorilla in the room. When SAFE is online for good and functions even half as good as it seems it will, well in that exact moment almost 99% of every network/Internet/web-application/cryptocurrency will suddenly have an expiration date.

When people asked me a couple of years ago whether SAFE would be adopted quickly I did not hesitate in saying there is no doubt it will be adopted by the world as fast as they can install the software and hardware. The reason is it solves so many of the largest pain points and problems the world suffers from.

Fast forward and look at the current landscape of the cryptocurrency/asset ecosystem…what is dominating the total market capitalization and every new crypto-news outlet? When you look at current #2 ETH, Angel funded by Goldman Sacks and already proven they have no issue changing history and destroying any intrinsic value the platform may have had. #3 Ripple, hopefully I need not mention why it has zero decentralized characteristics. #1 Bitcoin, definitely open to a reasonable discussion about whether it is decentralized, but it doesn’t take much time to realize the bitcoin today is much more centralized than two years ago. I would argue the pure fact that 90%+ of BTC trading happens on centralized exchanges (which provides no potential value bitcoin initially offered), less than a dozen organizations control majority of mining and Antbleed revelations alone showing 70% of the entire miner network being susceptible further demonstrates where I am going. If that is not enough to paint a picture of how centralized we have become, then look into the scaling debates.

In my opinion there is no doubt the centralized status quo (Central Banking/Governments/Industry) has leveraged their ability to scale rapidly and have been extremely effective in controlling the narrative of how these disruptive technologies with massive world socioeconomic potential will be perceived by the masses.

This all may sound pretty pessimistic, but the amazing thing that gives me such great hope is that in spite of the perceived insurmountable strength of hierarchal centralized systems have they are still losing…just very slowly. Besides Maidsafe and there unimaginable successes, the perfect example of how decentralization cannot be stopped, but only slowed is the worlds first and still most effective decentralized exchange (DEX)…BitShares. What caught the attention of so many initially was what also lead to years of unrelenting attacks at every level. BitShares is probably the only crypto on earth that has been proclaimed dead more times than Bitcoin and especially towards BitShares most disruptive invention…the bitUSD. BitUSD is a digital USD except it is actually backed by provable, immutable, transparent, collateral (Minimum 175% tradable value) asset. In spite of the ever growing capital strength of central exchanges/banks and their unrelenting attacks towards any USD pegged asset (Especially one with decentralized backing), BitShares is stronger today than ever. The most recent untethering of “Tether” and global USD wire boycott (13 banks control every USD wire in the world) for all foreign BTC companies has only accelerated the awakening of the limitations these centralized powers. All that has been required is time, which for people that saw the value years ago it is painful…but I don’t think we should except anything less for the SAFEnetwork. Especially since BitShares just challenges failed fiats…SAFEnetwork stands to disrupt much, much more.

That is the interesting thing about this thread and what motivated me enough to share in detail my thoughts. Since I changed my bitcoin conversation and started talking to people about a digital US dollar just like they see in their bank account, paypal, allipay, etc…except no one can censor or seize (bitUSD)…there is zero confusion or resistance. The reason is there is nothing new, technical or abstract beyond the mental construct of money than what has already been programmed to know.

Although IMHO it should definitely NOT BE THE SAFEnetwork protocol level that deals with this fiat pegging bridge to bring further adoption of decentralized technologies. Especially since there is a decentralized layer that has perfected it over several years and is coincidently seeing marked uptake in adoption. All we will have to do is create a smart contract bridge between SafeCoin and a BitShares SmartCoin…which is already complete in a simplistic way and because I follow both communites very closely I will predict that the exact technology SafeCoin will need for exchange will be provided by BitShares.

Something to think about. Say you are the one who holds enough power to leverage significant control over centralized points of value exchange…banks/btc-exhcanges/centrally-focused-blockchains-governance. Now imagine you are presented with all the capabilities of SafeCoin. Are you going to say ‘hey I have been waiting for such an amazing technology that will evaporate any power I still have after bitcoin’…No, you are going to prevent its adoption in every possible way. I predict we are going to hear from all major exchanges…“yes, we are working on interoperability but SafeCoin is just so complex that it could take years before it is functional for mass use” (sound familiar).

Well the good news is we can start now on changing that narrative. Lets start by supporting other decentralized technologies that will be strengthened by SafeCoin and not destroyed by its adoption. My recommendation is to move the majority of MAID trading to BitShares DEX where there is already strong communities in Asia, Europe (Including Eastern), North America and South America.

I will start a specific thread on how people can get involved today in creating this USD backed by SafeCoin the OP describes before SafeCoin is even released through trading MAID and bitUSD/bitCNY/bitRUB/bitEURO/bitGold with bots running on the DEX.

Here is the PDF tutorial: SCYTHIANDEXMARKETMAKERTUTORIAL.pdf - Google Drive

Here is the Steemit (Also built with Graphene Blockchain) post: DEX Market Maker Tutorial: bits and btsbots — Steemit

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Can you recommend a good high-level introduction to Bitshares?

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Charity faucets seems the way to go IMHO, either by Vault Operators or by individuals “sharing” the network with friends etc on their social groups. Alternatively I see offering some type of limited storage (temporary storage that can convert to permanent after farming or payment in X amount of days/months being a good compromise).

Otherwise someone with very little skills can script bots to Open MAAAANNNY accounts in whatever timeframe needed automatically then LINK them together for space which can be resold or parasitic to the network. (opening accounts from threads that have been proxied is very easy to implement). Writing a command and control is also not that hard. Once the accounts are created IP address (proxy) would not matter so much.

Free space can be a really BAD idea. Finding another way to share/gift or temporary space for trying the network might be much better. Temporary space with limited storage and time. Or it will become too easy to share (illegal) files FOR FREE as a parasite. The network gets all the bad in bandwidth usage hits, and negative media but no benefit in network profits.

A free market will create some solutions, I have about 50 already in my head.

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