Economic systems are descriptions of how people interact with each other and this is documented and accounted using a time of transaction and an amount. This amount is abstract in nature and could have been seashells or tulips. Today we’ve established a vast internetwork which is built on silicon and copper, of course other materials, though it is genuinely humbling to realize that despite all of this technological advance that is being claimed, the bottom line is that we Humans are the technological anomaly and the fact that we can count electrical signals and derive some information from them as they traverse the conductive surfaces which the society has laid out is simply One facet of our ingenuity and desire to be creative and to marvel at our creations.
This environment which we’ve produced overcomes the boundaries that mountains once formed for transactions to occur and therefore, we can achieve consensus in real time from all participants. This fact proves that each person is within some reach to populate their vote, or their validation to anything on the planet today should a sufficient network exist for the consensual consideration.
Through the use of algorithm We achieve total equity. Sound computations set the rate of allocation to the Network’s participants and therefore, the process of accumulating wealth becomes free to start, and also rewards quality, and only a innovative participant or wasteful user would ever have a need to accumulate exorbitant sums of interactive units; unless they are altruists and are hoarding only to distribute freely a later time, in the form of outright donation, or sponsoring a developer for the network. This is amazing because the sponsor will net be rewarded for sponsoring quality content and applications for the Network.
On average it costs 25 dollars to host a website and there are approximate 861 million websites existing on the internet today. This means that if SafeCoins were to receive an initial valuation to host the whole internet today would require the use of the recycling of a SafeCoin or also dividing it to its lower decimals.
25dollars * 12months * 3years = 900USD - the cost to host a medium traffic website for 3 years
900USD per website for the 3 year period would sum to 774,900,000,000USD to host each of the 861 million websites for 3 years.
774,900,000,000USD divided by 452,000,000 SafeCoins the number of SafeCoins currently circulating results in a valuation of 1714.380530973451USD per SafeCoin
It is obviously incredibly expensive to host the network, taking into account the MASSIVE infrastructure that had been generated in order to sustain and expand the internet as we know it today. The calculations above will demonstrate quite soundly the value that owning a piece of Network resources entails.
The SafeCoin supply is to expand 8 times more out to 4.3 billion coins. Additionally, the cycling algorithms and destruction and recreation of the SafeCoins will allow for a broader range of participation and an intense automated commerce to take place on a continuous basis and this is the way to reduce the actual cost of utilizing the internet. Using this system the price of a SafeCoin is allowed to be stable while the network increases its capacity on continuous basis. This is amazing because it will literally freeze the additional sunken costs of participating in Network Internetwork economic models.
Solving this through the use of sophisticated algorithms will achieve true economic neutrality and allow those who choose to participate in the paradigm to prosper in such a way that All on a global level will be capable of independently generating a value that is useful to the population of the planet by and large. Those who are participants in the progression of economic neutrality strive towards achieving control of their own Human as opposed to simply submitting one's self to the development of another person. The strongest example is communism where each person is born and must fulfil some kind of role no matter how small. This is absurd because perhaps some genius or some very thorogh worker will be inhibited by the fact that there isn't any suitable work for this individual. Through the SAFE Network one can achieve absolute independence from any foreign body. One can exist as a genuine sovereign entity.