Questions regarding a business idea

Hi!

I’ve said many times that this will be a problem. This topic is one of better topics that illustrate the debate (in case you haven’t already read it).

Some say the cost of capacity on SAFE will be stable because the internal knobs will adjust the workings of the network according to the price of the token (as in: if the network isn’t used enough, the coin will become cheaper and it will be used more, etc.), but just like my own speculations, those aren’t reliable.

Wild guesses.
Also it depends on your application. If you are looking to store backups online, SAFE may be very competitive for that. For other things, like social networking, maybe not (since the likes of FB don’t change anything to store your data).

If you keep using CC, you’ll have to use certified processors. If you switch to crypto-payments - if you and your customers can switch to crypto payments - then you’ll be able to avoid some or all regulation. If you do something that’s regulated now, there may be not much you can do even though technically the network would be a good choice (e.g a dentist can’t put his backups of patient data on SAFE).

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