How does MaidSAFE’s holding of MSC impact MSC’s value? MaidSAFE’s spending of MSCs would impact it, but in fact the liquidity is so low (e.g. volume today so far: 2 BTC) that they can’t really be spent without instantly crushing MSC to zero.
This was already discussed here: Current finance condition and statement of Maidsafe
If anything, MSC-backed MAID is already assumed to have claim on BTC-based MAID (issued on the Mastercoin platform)
Anyone who wishes to do this (I don’t have enough MAID coins to do it) could escrow their MSC-based MAID with trusted 3rd party and then issue MAID-like asset on any (Nxt, Counterparty, whatever) Bitcoin 2.0 platform so that the buyers could any time approach the person or organization that takes care of escrow to swap their asset for “real” MSC-backed MAID. While in case of random guys this sounds complicated, if MasterXchange were to both escrow and issue a Counterparty-based MAID, there wouldn’t be any additional risk (compared to now).
I argued the same because of better liquidity this way, but it’s well known that:
- most forum participants who voiced their opinion tend to disagree.
What other crypto exchanges do you want to see Maidsafecoin on?
and - most forum participants want MAID (and SAFE, later) to be traded on a decentralized exchange
- IIRC even Project leaders want MAID to be traded on more than just MasterXchange