It is time for ERC20 MAID!

This is actually a very valid point. safecoin or network tokens are not securities either in SEC or HMRC land. I don’t see any impediment to companies setting up buy safecoin here! as they are tokens with a specific purpose (pay for network activities).

Then the secondary markets come into play, the buying and selling of safecoin between people for cash/stuff or whatever.

Then the wave of exchanges where safecoin trades like shares or cryptocurrencies.

These last 2 will create some SEC/HMRC etc. headaches, but as @JimCollinson is rightly pointing out they are not the totality of safecoins place in the world.

Of course, before all of that we have the value of the network and I mean value measured in human terms, do we need this, will it help us, does it enable more folk to get and share data and valuable information.

Whether the last part needs any of the three positions I outlined above, is debatable. I imagine achieving each of these 4 goals, first one being fundamental and that has a network, will add value through easier access, and allow speculators to inflate onboarding significantly.

This is a nice way to do things as early adopters benefit and receive financial rewards, but that quickly dissipates through the world as the non-financial value is realised. I am very keen on the tangible value is transferred to people in terms of the network’s capabilities. The financial rewards, while terrific, are not fundamental at all, they will however provide early adopters, hopefully, with financial independance.

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