Currency on the freemarket
People are just idiotic when it comes to overhyping money. I don’t know about you but I’m basically a junky who needs money (to pay my bills, get food/drinks etc…). Nowadays everything is being manupilate so heavily that no matter what you do you can’t stop it. It would be foolish to put Safecoin on the freemarket and have people deciding a fiat price. When you let people do things they let their GREED level kick in. Remember Auroracoin? @ a point this was worth $90 now it’s just $0,34, now think about how many people lost their money? We should put systems in place that simply don’t allow people to take advantage of others.
Imagine an internet where 1 safecoin is worth $1000, would it even be possible for poor people to make use of some services? People are not in their right mind when it comes to money (i speak from experience). Actually with the SAFE farming option it doesn’t matter what the fiat price is, everyone can get coins if they become a farmer, what if you can’t farm, your in Africa with a feature phone and want to use VOIP on the Maidsafe network?
That’s why I would argue that every service should have a set price of 0,01 Safecoin. Developers deserve every cent they get, but if they decide the price that their app costs, their moto might become “Secure App For Everyone, With Money LOL”. I don’t think a set price to make use of an app will be a disadvantage to developers, because they are on a network that can scale and above all they pay zero. Safecoin should not be promoted to rise in price, because than it’s no longer for EVERYONE. even in the example above if a safecoin was worth $1000, would you send someone $10 to let them install an app?