Is the Safecoin Economy Deflationary and would it be better with Inflation built in?

[happybeing]

@krnelson

really hope this is not chosen by the development team as a solution or at least some serious and extensive usability tests are performed with non technical people as the test subjects before they lock it in. Going this route breaks usability of the “coin”, a fundamental requirement of any unit of account.

Not to worry, it wasn’t a separate coin in that sense, more like a built in exchange with 1 SC pegged by the network to 1,000 Milli SC.

So anyone at any time could surrender 1SC for 1,000 mSC. I think the were issues reversing the exchange, and if these could not be overcome them might have people reading mSC to get SC, but perhaps the system could be made bi-directional. There is a thread about this somewhere but I think it would be hard to find.