Rev Cynthia Pustelak Safeth Ministries
Coinmonks
Published in
2 min readNov 22, 2023

Securing Financial Freedom: How Safeth’s Placeholder Tokens and SR Layer 2 DApp Defend Against Social Credit Risks

Safeth's innovative approach to cryptocurrency, centered around Placeholder Tokens on the MSRP and the SR Layer 2 DApp, provides users with a secure and privacy-focused alternative that actively bypasses the potential risks associated with a social credit score system similar to China's.

**Placeholder Tokens and SR Layer 2 DApp: A Safeth Solution**

1. **Non-Exchange Trading:** Safeth's use of Placeholder Tokens eliminates the need for traditional exchange trading, reducing the risk of surveillance and control that comes with centralized exchanges.

2. **Rentable and Returnable Tokens:** Safeth's SR Layer 2 DApp allows users to rent and return tokens, offering a flexible and user-centric approach to cryptocurrency transactions. This ensures that users have control over their assets without being subjected to a rigid system.

3. **Privacy-Focused Design:** The focus on privacy through Placeholder Tokens ensures that users' financial transactions remain confidential. Safeth's design prioritizes user dignity by not relying on a social credit-like scoring system.

**Evading Social Credit System Risks: A Comparative Analysis**

1. **No Centralized Algorithm:** Safeth's decentralized system avoids the pitfalls of…

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Rev Cynthia Pustelak Safeth Ministries
Coinmonks

Reverend at Safeth Ministries, Co-Founder and Co-Creator of Safeth technologies.