I gotcha. Just saying that illustrations like that can confuse people, and that is exactly what happened with some folks.

And sure, this space is rife with rampant speculation, pump and dumps, and the like. There are a lot of awesome blockchains out there which have experienced appreciation, but it's folly to suggest nothing backs that. Syscoin was 1 cent in early March. And now it's 23 cents. Nothing backs that? Really? Same with Monero, NEM, NEO, and quite a few others.

Really hope the "scammy investor pitch" line wasn't directed at me.

Lastly, appreciate all the work and DNotes community leadership that you do, and I really enjoy all your DCEBrief stuff. I am a big believer in long-term thinking (Bezos' Regret Minimization Framework is a personal totem for me). But let's not pretend that price is completely irrelevant.

A couple of cents to add to this thread....Chase, whilst I appreciate your chart, I'm not sure it quite lands as intended. sl-avik brings up some important points as to why.

Personally, I have a very outsized part of my Crypto portfolio in DNotes. Have held and not sold literally since the first block. Though I did sell some to bet on the last world cup in bitcoin :-)  And I won't lie, it does hurt whenever I update my holdings to see litecoin or bitcoin crushing it, and DNotes going from Top 75 to 100...200...and now 300.

Within that context, sl-avik's confusion is understandable. Citing numbers that require 125%-200% compound annual growth rates for illustration purposes....is not terribly illustrative.

To couch this in the IRL realm....

I feel exactly the same way looking back on some investor pitches and Board decks we've created for my company in the past. Some of the growth numbers we used were wild. And in present day looking back, wildly off. They were possible at the time, but I think we ended up doing a disservice to ourselves by setting the context in such a way.

I feel similar to some projections that we've sent out recently. In fact this was my exact critique to my CEO on Friday when reviewing something we were sending over a possible partner.

Will Polo be part of the swap?

Am a noble and I hold some dnote.....on polo what is note vault?

Where is the wallet?

It is great that an ethics committee in the US wants transparency regarding donations to parties involved in state elections. I do expect that the apparent anonymity of bitcoin to be significantly disrupted in the future, probably by artificial intelligence. And there will be a lot of people feeling very surprised that they were discovered with a high probability of accuracy.

But I also feel like saying no to bitcoin when it comes to deciding what sources of money are allowed for making politicians act against the will of their constituents a bit empty. It is like you've got a bucket of water, leaking out of its many holes, and some authority says no to another small hole. It is an empty gesture when the bucket is so broken already.

In Australia we have fossil fuel lobby industry that donates money to get their favourite party elected. Then this party allocates significant subsidies to the coal mining industry. It is a fantastic investment and pays better than investing in cryptocurrency. For example, in the financial year 15-16, the combined fossil fuel donations to all parties was about AU$1 million. But the resulting government subsidies to the fossil fuel industry exceeded AU$11 billion. So for every dollar donated, they got ten thousand dollars back. Every year.

Why anybody thought it was a good idea to let businesses openly bribe government officials with political donations is beyond me. They say it is so they can advertise during the run up to elections. But advertising persuades, it does not inform. So they are saying they need the money so that they can stop the public making an informed political decision, and manipulate them to vote emotionally instead.

So whether the money comes anonymously in the form of bitcoin, or if it is publicly handed over as cash from the fossil fuel industry, political decisions no longer represent the will of the people. Instead we are governed by corporations tugging on the puppet strings of political donations. Only when a decision has no negative impact on a donor do the people ever get their will enacted.

Further sources are linked from within this webpage:
https://www.marketforces.org.au/politicaldonations/

Paper wallets are you best option if you are planning on holding the coin for a while.

I just invested $600 into Dnotes, im optimistic about the future of this coin 

Thanks, all, for  your clear responses. I've been a systems designer for about twenty years, and am utterly convinced of how critical systems are to any endeavour with repeated processes. I also did recognise the 'systems' symbolism in the cogs. It is an icon frequently used for systems and even more commonly used for integration.

Having been completely focused on systems as the foundation of a successful business for so long, I had become myopic about it and failed to recognise other contributors to success. This is what interests me so much about Alan's book—it integrates other requirements into the big picture. To me it seems a shame to use a logo that focuses on just systems rather than the holistic wisdom of the book. I do understand that systems impact every aspect of a business, but so does leadership, so does product.

I can understand with a printed book, a reluctance to review branding. But I would recommend just objectively considering the numbers.

a) What percentage of potential market penetration has been achieved so far?
b) What percentage of gained market would be at risk from a brand revision?
c) What increase in potential market penetration could be achieved with a revised brand?
If a=2% and b=25% and c=1%, then a x b < c. Or a quarter of 2% is 0.5% which is less than 1%. Therefore a re-brand would increase potential market share by 0.5% over status-quo.

These are very conservative figures. I would recommend using both maximum and minimum likely values for all criteria and doing a three axis matrix of the results. If in every cell of the matrix c is higher, then a re-brand is more profitable than status-quo.

I also understand that you've put in a lot of effort and generated a lot of material around the existing logo, and the effort required to change it might pay better dividends focused somewhere else. It is also very likely that I am an outlier in the percentile that reads way too much into a logo, and your current version is very possibly the best option. A logo that suits my particular tastes could be a disastrous marketing move.

As for incorporating columns into the current design, there is little difference between a column and an extruded cog. Not that I recommend this because emphasising the columns will just make it more literal and emphasise how there are five, not four of them.

And finally, Alan, I really am going to have to read chapter 3 of your book. While I understand systems well, you introduce concepts of "brand, vision, mission, values, and culture" which I have never considered as things that can be incorporated in a system. And only as I imagine applying it to an accounts-receivable system does it start to make sense.
* If my brand is high-tech, then my invoicing must easily integrate with other people's systems.
* If my vision is to obtain a majority share of the market, my invoicing system must be very scaleable.
* If my mission is to provide a service of great value, then my invoicing system must be efficient and not put a cost burden on my company.
* If my values are to be trustworthy, then my invoicing system must have multiple checks for accuracy.
* If my culture is to be inclusive, then my invoicing system must not penalise my less profitable customers.

Thanks, Tim. Your observations are reasonable, though too literal. Perhaps after reading the summation of “A System Approach – Designing Your Company” you may look at it from a different prospective.

In our first design attempt we spent a month working on diverse designs with 4 pillars of various building structures. I did not like any of that. The current logo linked the over-all philosophy of the book perfectly. The book covers many different subsystems or components that must work well as a whole for a company to be truly successful.

The fifth cog represents the “super-system” in which the company interact with; i.e. the industry, global economy or other systems.

Excellent work! I love it. Thanks a lot, BTCWise.

Almost 70 videos with transcripts and bullet points are being produced for the membership site with a completion date of 12/31/17.
This will be followed by an aggressive PR campaign and supporting advertisement. We are offering free membership till the end of 2019. A monthly membership fee of $10 will apply thereafter. 100% of the revenue including book sales will go to DNotes Global, Inc.

This will be a significant contributor to DNotes success. Again, DNotes is different and committed to the long-term. We are willing to do things that others wouldn't do because of the extra efforts or cost required. We believe that the pay-off will be that one day we will be in the position to do things that others can't do. That will give us the competitive advantage.

This is good to see, and interesting to note that Australia is starting to treat cryptocurrency more like money and less like a service. Recently Australia has been pushing back at the big four banks, reviewing bank taxation and more. So maybe their lobby group isn't donating enough to the ruling party at the moment. I don't believe the big four banks in Australia would like to see the influence of cryptocurrency grow.

Though I did understand the Australian Treasurer's press release a bit differently from the article, and maybe the DCEBrief article might need reviewing. The press release states, "Australians are no longer charged GST on purchases of digital currency"

But the DCEBrief article states, "it passed new laws designed to ensure that digital currency users will no longer be subject to Australia’s goods and services tax (GST) when they spend their cryptocurrency.

Is the transition to POS finish ?

Good luck at the conference TeeGee.

"There is no short pathway from smart to wise." - I love this. 

This seems odd, Brandon. I can understand them asking for more information that they don't currently have so that they can comply with some new regulation and avoid being shut down in some location. But new information is not a reliable way of verifying identity.

I leave a parcel with the gate keeper, and ask him to pass it on to Bob, when he comes to collect it. The gatekeeper has never met Bob. When a man turns up and says to that gatekeeper, "I'm Bob, here to pick up a parcel." The gatekeeper answers, I have to be sure you're the real Bob. What's your last name?" Bob says, "Sure, my last name is Jones." The gatekeeper nods. "That'll do, sounds good enough for me. Here's your parcel." Security doesn't work like that.

The security information must be given to the organisation first, before the organisation can use it to verify identity. Imagine logging into a website after a long absence and getting a message, "We've used our AI algorithms to crawl the web and discover your favourite food. Type your favourite food into this box to unlock your account."

I'm agreeing with R-J-F on this incident:

And I'd like to take this moment to compare Bittrex behaviour to what I've experienced from DNotes Global Inc. DNotes plan what they are doing and share their plans in a timely manner, with clarity. Then if the plan is changed, they provide updates. For major changes they establish a mailing list for people to be kept up to date with. And then they actively monitor their forum and respond directly until the user has no more questions. All of this comes from a single motivation. They believe that "Doing the right thing at the right time" is key to being successful. And they clearly stand by and live their ethics.

Since we are on the subject on the importance of great customers services and exchange, below is a direct quote from our OP Roadmap for 2018 and beyond:

“Full service centralized exchange where DNotes, Bitcoin, and a selection of other digital currencies and fiat currencies will be traded.” https://bitcointalk.org/index.php?topic=1924858.0

2018 will be a very exciting year for DNotes. After launching DNotes 2.0, we will continue its development with an expanded team of developers – potentially a large team. Among various other projects, including blockchain related projects, we will start working on our full service centralized exchange with a commitment to be equal to our competitors and ultimately be superior.

At a minimum, we will be superior in customer services and the protection of their assets right off the gate. We are prepared to spend up to two fully years to do things right. Like some of you, I have had my share of frustration and disappointment and sustained heavy losses because of miss-managed and collapsed exchanges like Crypto Rush, Mint Pal, and Crypsy. All those lessons learned will help us build a better exchange.

Bitcoin, Altcoin Exchange Bittrex Eyed With Suspicion Due to Thousands of Mysterious Account Closings

https://cointelegraph.com/news/bitcoin-altcoin-exchange-bittrex-eyed-with-suspicion-due-to-thousands-of-mysterious-account-closings



I got this same message when logging into my Bittrex account... Looks like another one bites the dust...