Yesterday night I was reading this thread and was thinking exactly the same and thought to myself, I shall write this in the morning. Looks like you beat me to it.
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Well said sir, this is the exact point I was trying to make.
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This is the dream, I would love to buy my groceries and pay my bills in Safecoin! 
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So if SafeCoin goes to the moon, isnât that going to undermine itâs progress at reaching the âeveryoneâ it is intended to help?
I tend to see open source projects as anti-capital. Not anti-capitalist, but undermining the need for capital. Why use AT&T, Sprint and MCI when you can use VoIP for one percent of the cost? That should be the goal of MaidSAFE as well â Allowing everyone to publish without the need of a separate ISP or web host. Cutting out the costs of needing datacenter after datacenter. MaidSAFE ought to delievery the utility of DropBox, without the overhead, Thus the value to the consumer will still be just as high, but the capital needed for such an endeavor would be much much lower.
Not really. I think that as safecoin approaches infinity, cost for the use of all network resources approaches zero. Actually, zero should be approached long before infinity.
If the store wonât take them directly, I can guarantee that Bob or Jose or Pierre or, perhaps, I myself will be outside the grocery store being quite willing to do the fiat exchange before you buy!! 
How is the price of storage calculated exactly? Is that documented yet?
Can someone point to me to the maidsafe equivalent of :
Proof of SHA2 calculation
confirmation : 10 min per block
Difficulty change every 2016 block
Reward halving every 4 years
Initial reward : 50 units.
Without this any speculation on Maidsafe being worth something predictable is a huge leap of faith that only greedy pumpers and blinded worshipers would bother to talk about.
I hope a functional incentive structure for the hypothetical resources or the safe network has been found and it is just being kept as a secret waiting to be exposed at launch.
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Iâd have to go back through a lot of threads to dig up the back-and-forths with David Irvine but to the degree that to the degree that storage is abundant, the price for PUT resources will go down, and to the degree that it is scarce, the price will go up. I donât know if the exact algorithms have been finalized or not.
It is apparent from this that you have not absorbed much if any of the readily available data in the system documents and elsewhere, and seem to be thinking of the SAFE network as something of another blockchain tech derivative. Itâs not. Most of your list of demanded equivalents is simply not relevant to the SAFE Network. The network has a completely different consensus model, and reaches consensus about a ton of different things.
I donât think any of us here are absolutely certain about our predictions. We just see factors. Most really donât have any get rich aspirations as to the price of safecoin but DO see that it has tremendous upside potential. But the perceived upside is based upon an extensive overview of a huge system and the profound technical innovation it is.
The incentive structure is built deep and thoroughly into the core of the network, but youâve got to see the whole project as itself and start to get the whole picture. You wonât ever understand it if you insist on meeting blockchain benchmarks.
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Iâm not asking for a list but one concise and logical definition of the economic incentives. What Iâve listed is ALL of the parameters that built the complex ecosystem around Bitcoin.
Those very simple parameters operating within physical limitations (mining) combined with adoption rate allow for price discovery.
The incentive structure is built deep and thoroughly into the core of the network
No, itâs not. Iâm talking about economic incentive that scale indefinitely. So far the only incentives Iâve seen coherently expressed are about creating the project for the sake of it OR pushing for development to profit from pure speculation on the price of safecoins.
Nothing that I have been able to find is tying the two. If Iâm wrong please show me where it is. So far, the lack of anything technical on the subject in this thread reinforce my believes that there is none.
It is often said : âThere is no blockchain without the coinâ I genuinely hope Iâll be able to say the same for safecoin when it launch.
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Thereâs some good information in here to start with: http://maidsafe.net/docs/Safecoin.pdf
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As suggested the safecoin paper is a decent start for your questions, the following blog post may also be of interest.
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Tbh, you may get more productive replies if you were a little more courteous. Suggesting that those who like Safecoin are just âgreedy pumpers and blinded worshipersâ doesnât really encourage engagement.
There is plenty of information documented for those who are prepared to search for it.
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Which is of course technically incorrect. It is probably said though (in this sphere many things are said and become true to many 
). If you mean there is no Bitcoin with out the coin then yes that makes sense.
SAFE network was almost launching sans coin and using a quid pro quo system which would have been harder and much slower take up. Check our code base as last April/May and you will see this quid pro quo system in action.
Safecoin enables less code and a faster take up, but itâs not technically essential, it just make things much simpler and also provides another opportunity for a great open source and extremely collaborative way of working.
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I expect MAIDSAFEcoin to trade at a premium in the open market to SAFEcoin at launch, probably for at least a one year period. The % premium people will have to pay will vary based on the length of time SAFEcoin has been in the wild and its security history.
Why? MAIDSAFEcoin the mastercoin token that gives its holder the right to exchange 1:1 for SAFEcoin, is secured by the bitcoin blockchain and is demonstrated to be close to hackproof. SAFEcoin will have no such history or guarantee possible at launch for many reasons, chief among them - the unknown unknown, which is an attack that no one is aware is even possible, so no one can possibly guess at what it is until live network behavior emerges, as such behavior is to some extent chaotic, probabalistic in nature, and unknowable at the time of launch.
That said, the live SAFEcoin will increase in value once it establishes utility. So if it is possible to securely and anonymously host content and online interactions with a built in anonymous payments mechanism on SAFE network, then the anonymous marketplaces will jump on and away we go from there with the obvious utility to people who wish to stay anonymous to avoid persecution for their free speech, free association, and free transaction activities.
Will it work to keep these people from getting rounded up, locked up, beat up, shot up, etc? Another unknowable at the current state of development. The more it does, the more SAFEcoin will have value, so the more MAIDSAFEcoin will have value, at its premium above SAFEcoin value.
The premium should be significant. Hoarders / savers / investors will always choose MAIDSAFEcoin over SAFEcoin because it will always be more secure, unless there is some unknown unknown reason why bitcoin blockchain will be less secure than a SAFEcoin datastore at some point in the future.
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Yes,you raise a number of good points. I think you may have omitted to consider the fact that Maidsafe can only be traded on Poloniex or Masterxchange though. As these are both centralised, there will probably be a big incentive to switch to Safecoin as soon as is reasonably justified too. This would have the effect that the coins would be of equivalent value. I think that taking this into consideration may shorten any (possible) period of price disparity. Iâm guessing days or weeks at most tbhâŚI think there maybe a number of variables, but itâs an interesting suggestion you make.
Welcome back btw and appreciate the thoughts. .
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If you mean there is no Bitcoin with out the coin then yes that makes sense.
No bitcoin without the coin ???
I meant we would not have a secure blockchain without the issuance of a currency.
Iâve read that PDF http://maidsafe.net/docs/Safecoin.pdf and there is just no algorithm or clear parameters whatsoever.
Sad to learn that you were almost ready to launch one year ago.
When do you plan on releasing the way the safecoins will be issued ? I think the fact that there is a coin is not that problematic and could be useful but the fact that you plan on issuing 9 times more in a still unknown algorithmic way worries me a lot.
If you search these forums you will see this discussed at great length and why there is no need to finalise the dampening algorithm without tests, no harm as bitcoinâs algorithms selected various hard values or magic numbers. We believe there is no need to have magic numbers if we can at all prevent it so a sigmoid curve based algorithm is very easy and will be finalised with tests. What part of the process have you read do where you need a specific algorithm for ? is it the group size, consensus ratio or something different?
There are many threads delving deep into the processes and reasons for not finalising 100% right now. It has all to do with dampening and can be tested so we will not pick an arbitrary equation out of the blue and then force the network to stick to that if testing shows improvements in that dampening. In terms of the process I feel it is very clear.
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Make sense, Thanks a lot for that answer.
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