MaidSafeCoin (MAID) - Price & Trading topic


#5799

I also am very skeptical about replacing the full internet. In the end, decentralized solutions always have tradeoffs on things like speed and responsiveness and the ability to program certain things. As I’ve banged on about earlier in the thread, all it takes to make investing now rational though is the idea that safe could take down a chunk of the file storage market and nothing more. For me, $10 is moon, and if/when we get there we’ll have a good idea if we are in orbit or shooting for the stars.


#5800

I think I agree with you. One of the things that got me very excited was how easy it is to host a simple website on SAFE. Trying to think as 14 year-old me tinkering with websites, I don’t think I would have chosen for SAFE if it existed at the time. Simply because all you want is to reach as many people as possible with your website. That is the number one objective for young people and the internet is your best bet. If there was an option to gain access to the SAFE network via the normal internet, that would be a different story. But as far as I know there is not and there are no plans to do so. I think that unfortunately the first real-use websites on SAFE will be for criminal purposes and it ends up like a TOR alternative. A very good one of course, but stil very niche. On another note, I tested the SAFE messaging app on android an was very impressed. I think it all depends on what you believe people will use to gather/store information/communicate in the future. Apps or websites?


#5801

15 years ago people laughed at me when I told them linux will win over windows. And it happened. All android phones are linux. Linux is everywhere and people are using it and they even do not know they are using it. I of course did not know that it would happen this way. Nobody knew that. The point is, people are not important. What matter are developers, open source communities and companies. If facebook decide to replace backend of their messenger app you will have villion users in few hours. Thanks mobiles people are installing apps. Any app developer can switch backend to safenetwork and you will have millions of users using safenet instantly and none of them will know about it. I myself can bring half million users in a day if we decide to switch our backend of our games to safenetwork. What matter is if this switch is worth it. Maybe our business is not the best match, but WhatsApp, FB Messenger, and other secret chat apps are. I am sure I can find thousands of apps in appstore where the switch to safenet backend would bring profit.


#5802

True, interesting. Care to explain why you think that your business is not the best match? Do you think Safenet will lack significant performance for game backends?


#5803

On some stage in future would help to have inbuilt SAFE app or package app on every new device. Do not know the price :slight_smile:


#5804

I agree upon you with this wholeheartedly. I think this is the hidden way to get the safe network into the hands of millions of users. Ofcourse the app builder then has to pay the network for storage but that is no other than what it has to do today. And then it is just as normal, making money in different ways serving adds, adding a subscription model, or figure out something new. For example the app is 200MB, double its size and use the other 200MB local storage to sell to the network. Making the user pay for using the app using the safe network. :smiley:


#5805

Our main problem is GDPR. There are few others, but GDPR requires us to delete user’s data if they request to. Safenet does not allow it and we will not risk 20 million fine. Deleting private keys does not count from legal view.


#5806

Thanks. But isn’t that one of SAFE’s biggest pros (in combination with SOLID)? That the user can decide themselves who can / can’t access their data? Or do you think that is practically not doable for your business?


#5807

Ok, I had to reread that a couple of times. But that is just genious! You force the user to share some local storage for the benefit of the developer. Will that be practically feasible?


#5808

I was taking about storing their data on our safe account. Of course we can internally create safe account per user, but from legal point of view we will still be owners of that data and will not be able to delere them. And if users have to create their safe accounts and remember their keys for legal reasons than it is not possible for us to switch to safenet.


#5809

Sounds like an opportunity for the first of a long line of SafeGames.


#5810

Do I see that in the first year, or even 5 years of the Safe Network? No. It will take time to grow and integrate itself in the market. However, awareness about privacy of data is finally circling back around to where people are starting to care again. If the Safe Network is able to get just a few killer apps, mostly in the social media and secure messaging space, it could draw customers in to the network based on privacy and control of data, alone.

There are a few avenues I think the marketing team should aggressively pursue.

  • SOLID integration and partnerships will get some much needed eyeballs on the project from some very important tech influencers.
  • Privacy focused email/messaging developers. ProtonMail is starting to gain traction and with a big enough user base that if they get on board, it would be a huge win for the Safe Network. There are a couple other lesser known ones with still a few hundred thousand users, like Tutanota, that may want to get in on the ground floor.
  • Content creators. Even many of the ultra-successful ones are simply fed up with Youtube, and Vimeo is pretty much a joke. Just a couple moderately successful creators mirroring their content on the Safe Network and promoting that people go there to watch it would be a huge win. Combine that with a Patreon-like app to fund uploads and the new Youtube could be born. If I’m not mistaken, pay the producer is slotted to be in the farming algorithm. I’m not sure how much this would generate for the content creator, for say, 1M views, but it would be interesting to be able to calculate those stats.

#5811

IANAL, but how can the law require you to delete data you are not technically able to delete because the user made it so?


#5812

Also who is the who that is supposed to delete the data.

Its like saying that a person carved some text in the rock face then is asking the earth to delete it.


#5813

Unfortunately laws like GDPR take a long time to pass. The previous EU data protection law was from 1998 - almost pre-Web. So it will have been drafted before there was much use of P2P technologies at least commercially. Hopefully common sense will prevail and amendments will be introduced sooner rather than later.


#5814

#5815


Will the Bulls be back for Christmas?
Hoping so if for no other reason than I want an end to the morbidity the Bears bring to the party (everywhere)
About a year ago we were ready to fly around the world to meet up… Bears chased all that away, getting bored of it now.
Tis the season to be jolly after all :tada:


#5816

A seasonal crypto bounce has become a bit of a tradition. Seems a bit too soon still, but maybe a wee bounce will come! :tada:


#5817

Calm down folks lets keep it low so I can still do some slow $200 dollar at a time accumulation every few weeks :stuck_out_tongue: . Trying to get enough k’s of MaidSafe that a fiat USD price target of say $10.00-$30.00 per coin in the next 2-4 years means decent moon for me :laughing: .


#5818

Could be tempting to sell on the Xmas bounce, and wait for a fall to buy back in.

Except, that it would complicate tax issues?

I guess it depends on the size of the bounce.