I’ve been thinking a lot about the implications of Safex from an economic and societal point of view. Doing a lot of reading on economic schools of thought, economic mechanisms/principles, ideological political theory, the history and function of money, and historical civilization’s control and devaluation of currency.
Safex has the revolutionary potential to radically change and improve society through a decentralized marketplace, sound money, and further enabling individual enterprise.
I think it’s very important for us as a collective to identify, understand, and agree upon not just a token name, but our vision.
Is Safex to be merely in the exchange provider market acting as a more traditional business, or will it pursue it’s potential as never-before-seen disruptive technology that will play a role in the emergent redesign of our world?
What are the core values held by Safex? We may have a vision for our marketplace, but what about our vision for our role in society as a whole?
We’re doing something that’s never been done before. Safex is going to become an anonymous, decentralized global, marketplace. Perhaps the first true free market. With a finite supply in the spirit of bitcoin, the new token will be sound money. I’ve read that Dan’s vision for Safex was for it to become some sort of DAO. I hope you can see where I’m going here.
Important Reading:
Independent, decentralized projects as Safex have been theorized within certain ideologies. Safex may actually be one of the first implementations of these independent systems (with the obvious exception of bitcoin).
Having a clear vision of the greater societal impact of the project is important to keep the community focused and to prevent the fragmentation we’ve seen in the bitcoin experiment.
I would like to go on, but I would like to hear what you guys and @dandabek think.