Safecoin price and economics

[mvanzyl]

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The Price of Safecoin & The Economics Behind It

Hi all What I’m posting here is purely my opinion based on the facts I know about the Safe network so far. If there are any errors please let me know. Well let’s begin. Bitcoin is a speculative and volatile currency, that is due to the fact that it’s price is determined by what the market is willing to pay for it, and that it is not backed by any commodity. Safecoin on the other hand is backed by a commidity, that being our computer resources (CPU, bandwidth, storage space etc.). Due to this S…

SafeCoin Valuation

How will the SafeCoin be valuated at the start when it is fully online?