Well not really. SAFEcoin does have intrinsic value as happybeing said. If you want to use the network you have no choice but to use and BURN your coins to do so (very different to spending fiat since they are now gone, not just in someone else's hands). There is also a finite supply, unlike fiat. Once burned they become available again to be re-farmed back into existence.Fiat has no intrinsic value, it is based purely on trust/faith. It doesn't matter if you think SAFEcoin is worth anything or not; if it can be burned to gain access to resources then it does indeed have 'intrinsic' value, regardless of fickle and volatile things like belief and trust..
This doesn't make sense to me. Why should the velocity of money through usage relate to the size of the speculator %.
This reveals some misunderstanding of how the system is designed to work. A very small % of users might 'buy' SAFEcoins on an exchange. Crypto is tiny and if SAFE required us to buy our way into using it then it would find it very hard to get mass adoption (as with BTC etc). The network is designed so users do not need to work out how to buy or sell crypto. I would guess that almost all users will 'just hold' the few coins they have, and burn them when they use them, then farm and hold more until next needed. If the network has a decent # of users then this should dwarf the speculator %, not the other way around?! Talk of 'exchange risk' as a deterrent for holders or a reason for them to sell seems crazy when we're talking about mass adoption and Joe Public. These folks won;'t care about their $20 worth of coin having a volatile fiat value because they don't care about the fiat value, it's just a utility that they use to dl their films and ul their pics each day. And they get it for free by leaving their pc on.
I'm not the person to field a question like this, but obviously 'mutable data' etc is editable.
Sure, I think you'll find answers to all of the rest of it in here: