Post
Topic
Board Announcements (Altcoins)
Re: [Ann] Safecoin maidsafecoin
by
prophetx
on 21/04/2014, 14:42:45 UTC
can you guys at maidsafe explain how safecoin can appreciate in value if it is constantly being diluted through the por mining process?

it's basically the same as with bitcoin.  bitcoin is being constantly diluted however the more people use the network, the more valuable it gets

its not like bitcoin. its a not a scarce resource. the more ppl connect to the network the more safecoin there are. you don't have to go on an exchange to buy safecoin. as long as the resources you offer the network are more than the resources you take from the network your use of the network is free.

there is a limited number of safecoins.  that means it is scarce.