Pardon my absence: been some time in hospital.
Dnotes on Cryptsy. Yay!
Dnotes way up in price. Yay!
Will catch up on my reading.
Mark (IndiaMikeZulu), Australia
We missed you, Mark. Hope you are doing well now. Let us know if there is anything we can be helpful. Enjoy the DNotes comeback. I never doubted it. We are at the beginning of our next phase. Especially with the successfully launching of DCEBrief, we could very well be at the tipping point. Despite all the publicity we have been getting, most people, even those within our industry, might not understand our total strategy or total package. We have constantly examined our strengths and weaknesses, as well as that of Bitcoin and our industry in general. With that we constantly developed solutions to help overcome industry problems, which often lead us to opportunities. These are not conceptual ideas outlined in a well written white paper or a thick business plan with colorful graphs and charts. They are well conceived projects, successfully launched and well executed. The list is long and still growing. We started out with CryptoMoms and expanded to include the first CRISP for Kids. We than built and launched DNotesVault and expanded to a whole family of CRISP for students, employees and for those concerned about their retirement. Our mission continued with the launch of DCEBrief. All of these projects are no small tasks and they are all fully funded without any VC founding or donation from our general communities. That is the unspoken strength of DNotes, allowing us to be nimble and agile capable of responding quickly and decisively. However, that is not all, we have awesome communities beyond what those words normally mean. Just look at what we have collective built and accomplished in less than two years, resulting in a solid trusted digital currency that anyone worldwide can participate. Most importantly, this trusted digital currency, DNotes, is supported by its own ecosystem built by a team who are dedicated to promote and protected the best interest of DNotes and our stakeholders. Once enough people discovered the uniqueness of this very special situation, it could become our tipping point. We are proud of our accomplishments. Let us spread the word. |
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I hope our political leaders are learning from New York's Infamous "BitLicense" what not to do. California's Version of New York's Infamous ‘BitLicense’ Defeated in State LegislatureJust weeks after New York officially drove several major Bitcoin businesses out of the state through regulation California chose a freer path forward for digital currency in The Golden State. The equally archaic and onerous version of its own “BitLicense” wasdefeated within the state’s legislature on Friday. California refuses to make New York’s mistakes Few things in Bitcoin’s brief history have done as much damage to the Bitcoin ecosystem as has New York State’s infamous “BitLicense” legislation. Filled with fiery hoops for hardcore New Yorker’s to jump through, it succeeded in driving several large and successful Bitcoin out of the state. Not only were countless jobs and revenue lost, but a poor precedent was set by the regulators in the Big Apple, which is largely seen as an economic leader worldwide. As if taken from New York’s BitLicense directly, Bill AB 1326 will make compliance as difficult and as intrusive as possible. Highlights include asking for highly irrelevant information from all partners, officers or company managers like educational background, ten years of employment history and work address. Non-refundable application fees for a California digital currency business license would cost up to US$5,000 plus a US$2,500 annual renewal fee. One could be reduced to $500 every two years with certain qualifications, including if the commissioner deems your business to be “low or no risk to consumers.” You can read the full proposal here, but if you read through New York’s BitLicense, you’ve pretty much got the gist of it. The new Commissioner in charge of the digital currency industry in the state, with many ties to the commercial banking industry, would have had absolute power to revoke or deny a license on a very subjective basis. The proposal states that the “competence, experience, character or general fitness” of the licensee or any director, officer, employee, or person “in control of a license” can be deemed “not in the public interest” and be stopped from providing virtual currency services. The bill, if it became law, would’ve gone into effect on July 1, 2016. It is currently in “inactive” status, and cannot be brought up again for consideration before January 4, 2016. Source: Author: Evander Smart http://cointelegraph.com/news/115284/californias-version-of-new-yorks-infamous-bitlicense-defeated-in-state-legislature |
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This is not helpful to our industry. The lack of clear regulatory guidance has always been a hindrance to Bitcoin's mass acceptance. At least there is one more official confirmation that Bitcoin is a commodity. Bitcoin Is Officially a Commodity, According to U.S. Regulator
The Commodity Futures Trading Commission makes its mark.Virtual money is officially a commodity, just like crude oil or wheat. So says the Commodity Futures Trading Commission (CFTC), which on Thursday announced it had filed and settled charges against a Bitcoin exchange for facilitating the trading of option contracts on its platform. "In this order, the CFTC for the first time finds that Bitcoin and other virtual currencies are properly defined as commodities," according to the press release. While market participants have long discussed whether Bitcoin could be defined as a commodity, and the CFTC has long pondered whether the cryptocurrency falls under its jurisdiction, the implications of this move are potentially numerous. By this action, the CFTC asserts its authority to provide oversight of the trading of cryptocurrency futures and options, which will now be subject to the agency's regulations. In the event of wrongdoing, such as futures manipulation, the CFTC will be able to bring charges against bad actors. If a company wants to operate a trading platform for Bitcoin derivatives or futures, it will need to register as a swap execution facility or designated contract market, just like the CME Group. And Coinflip—the target of the CFTC action—is hardly the only company that provides a platform to trade Bitcoin derivatives or futures. “While there is a lot of excitement surrounding Bitcoin and other virtual currencies, innovation does not excuse those acting in this space from following the same rules applicable to all participants in the commodity derivatives markets," said Aitan Goelman, the CFTC's director of enforcement, in a statement. Since Coinflip is not alone in providing a platform to trade Bitcoin derivatives or futures, Goelman's words imply that other unregulated exchanges could soon attract the attention of the CFTC. As such, the CFTC is bringing dealings in Bitcoin, long prized for its anonymity, into the light. While this could help clean up U.S. trading around the product, potentially helping to avoid a repeat of the Mt. Gox escapade, it is also likely to increase the cost of doing business. Coinflip consented to the order without admitting or denying any of its findings or conclusions. "The cease and desist was a fair settlement," Francisco Riordan, Coinflip's chief executive officer, said in response to a request for comment. He said that customer funds had been refunded in July 2014, before the CFTC made contact with the company: "There wasn't enough trade volume for the site to sustain itself." Bitcoin, meanwhile, has been trading sideways throughout 2015. Source: By: Luke Kawa Bloomberg Business September 17, 2015 — 4:58 PM CDT http://www.bloomberg.com/news/articles/2015-09-17/bitcoin-is-officially-a-commodity-according-to-u-s-regulator |
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This was meant to be rather short, but it ended up being really long... 2 hours to think through properly and write, slightly haphazard in flow, and not edited, but message is quite important. An excellent video that highlights the fact that no single person would ever be able to create a pencil, but for the voluntary contributions of millions of people worldwide to create the most everyday of items, and potentially the least appreciated for its complexity - the pencil. https://www.youtube.com/watch?t=343&v=IYO3tOqDISENow, imagine making the process with which these millions of people that co-operate voluntarily trade with one another faster and easier, while adding new features like in the case of digital currency. How many new versions of the pencil will be created? 3+ days for an international payment to clear between bank accounts!? Well that means a minimum of 3 days added on to the time until your order will be sent, to add on top of the shipping time! Then the wholesaler will also have a 1 night delay of payment between them and the retailer and so forth, with the original payment from the consumer having a little 'fee' siphoned off at each connecting bank account it is routed through. This could add 4-5 days of 'slowdown' in the trading and delivery of products that are crucial inputs of production to other 'value added' goods (Smartphones, computers, pencils etc). Crypto allows for FREE instant transactions; companies can ship goods the moment they are paid for and at significantly reduced rates. When prices are cheaper, more business is done, meaning more businesses in operation that order inputs to in turn invent the next 'pencils'. To be honest, while digital currency has economics and other sciences that may be applied to model 'human behaviour', the pencil is probably more complicated than digital currency is when viewed as the product of millions of people who require different skills from different countries just to assemble it. It of course makes incredible sense to have a safe, secure, simple, stable, efficient and CHEAP way to transfer value around to facilitate its creation. The inefficiencies and increased costs incurred by businesses and people who use fiat money is serving as a barrier to trade. A barrier to trade is bank fees and taxes that must be added on to the final costs of goods sold. Higher costs mean fewer customer purchases, because their budgets only go so far. Fewer purchases by consumers affect manufacturers / businesses bottom lines. When the bottom line of a business is affected, they hire fewer people, or don't enter the market at all. More unemployed people means a larger drain on welfare, which means more government debt - yet another mechanism by which fiat money increases government debt - by reducing employment opportunities as a result of bank fees making the difference between doing business and not operating. How many people are unemployed just because bank fees and taxes make hiring them, and therefore and the cost of business too expensive!? How many 'pencils' have not been invented because the people who would have worked in the market to 'invent' them decided it wasn't profitable startup thanks to bank fees and taxes so they went and got a job at a bank or in the government sector, working jobs that have service delivery methods that have now outlived their usefulness thanks to blockchain technology? The following is a purely hypothetical example (not intended to be 100% accurate, but it paints a fair picture of potential crypto has): I want to order flowers from Smokey, and I'm a wholesaler in NZ (larger transfer), I opt to pay with either bank transfer or VISA; VISA:On Janruary 1, I buy 100 plants for 10 dollars each, that I want to make $10 profit on each plant by reselling in NZ (100%). I order thinking I can sell for $20 each. Smokey has worked hard in his gardens, and wants close to $600 for his 100 flowers. He knows that the US government has a 35% corporate tax rate, so to end up with $650, he would need to sell them for 1000. I pay $1000 to Smokey, of which 1% is taken by VISA, and somewhere between 2-4% is taken by the participating banks EACH as a merchant Fees and a foreign exchange fee. This leaves Smokey with $600. But did you catch it? Something here is beyond morally repugnant... and I don't mean the fact that nearly half of the money sent to Smokey is taken away from him in taxes. Did you spot it? (This is the first time I've done calculations like this.. so I just noticed it myself - I'll cover it later) The payment is pending for a couple days with VISA, and it won't process for about 3 working days if I had sent using bank transfer (which is also charged fees by both sending and receiving banks)... Smokey isn't going to send me my flowers until after the payment clears. January 4th or so, my payment finally clears into Smokey's account, and the goods are shipped to NZ, taking around 9 days to arrive. January 13th, the goods arrive in NZ 13 days after my order, but it could have received them after 10 if the payment had cleared instantly, but instead I need to wait an extra day for delivery to my shop - I waited 13 days instead of 10 - 30% increase!!! That is time that my personal capital is tied up in something that I can not yet sell; money I can't use for any other purpose - hence it should be easy to see why so many small (low cash-flow) business owners struggle when so much of their money is tied up in inventory. Anyway, because the flower order is worth more than $400, I need to pay duty taxes on them before NZ customs will release them, which depending on what the NZ government thinks we have too much of, is between 5 and 10% usually. My costs are now $1050-$1100 for goods that COULD have been as low as 600 if it weren't for nobody else expecting a cut from something they had no part in producing. January 14th the goods arrive at my shop, and I put them up for sale. Now I need to factor in the fact that I will need to pay Goods and Services tax (like VAT in Europe and Sales Taxes in the USA) of 15%, so I bump my price up by 15%, on top of the 33% tax I'm going to need to pay that is added to the $10 profit per plant to double my investment. This all assumes also that the only cost for my business is the flowers (unrealistic, but makes my tax easy to subtract from profit), I calculate that: Smokey's Gardens Price they were prepared to sell at$600 + Taxes (350) + VISA & bank fees (50) = $1000 TeeGee's Gardens: Cost equals $1000 (to Smokey) + $50 to $100 in dutry taxes = 1075 (mid-point) Prepared to sell at: $1075 (Smokey + duty tax)+$1000 (to make $10 profit per plant) + 15% (GST) = $2386 (for 100 plants) Still need to add NZ corporate tax @ 33% $2386 divided by 0.67 - to get final figure including NZ corporate tax (1-0.33=0.67) = $3561 Of which: Smokey who did all the work growing the flowers receives: 600 TeeGee who did all the work to raise the money to buy the flowers receives: 1000 VISA receives: $10 (plus extra if I paid duty fees using credit card) Banks receive: $40 Governments receive: $1911 Price per plant: $35.61 When will this insanity end?Now imagine if I decided to do the same order, but completely p2p by using a cryptocurrency in a utopian world where the government was responsible and only paid for things people actually wanted (by voting with their money - i.e. You want a local bridge, you try to crowdfund it - if nobody pitches in, then clearly that bridge was of little to no value to the community).Smokey offers flowers for $600 for 100 flowers, I pay $600 in cryptocurrency, the funds clear instantly and the flowers are shipped that exact day. After that point, it is up to the individuals who participated in the transaction if they feel they should make payments to third parties (taxes etc) for any services they provide, rather than a shakedown on account of just being born on a particular patch of land. Ignoring the remaining potential duty taxes in NZ; Smokey Receives: $600 I receive: $600 (only want to double my investment, not make $10 per plant) Government receives: ...? Well depends on the value they are providing, government is meant to serve the people, and not the other way around. In the future it could one day be up to us to pay what we think is necessary to pay for building roads and public healthcare etc. Cost per plant to consumer: $12 Now, what do you think happens at this juncture? Will customers demand more or less flowers at $12 than at $35? Well hopefully you said $12. The lower prices would create an economic boom that would increase demand for the products I sold. I'd be able to hire more people to sell more flowers and create more jobs. It would also mean that other people who decided not to enter the flower market because the price of importing flowers was so high would reconsider, creating only more jobs. This whole thing is very much just for illustration purposes of what p2p could potentially look like one day, but remember what I was saying before above - these fees that are in excess of what was agreed between two consenting traders are what create unemployment. A much more likely near-term solution would be a crypto transaction that won't necessarily eliminate the tax component of produced goods (unless you think the IRS are reasonable people that will leave you alone), but at the very least they will decrease, no, eliminate the bank fees involved which can be significant when a there is a retailer - wholesaler - importer - foreign exporter - local business continuum with bank fees being collected at every step of the way. This can compound to some ~10-15% of the price of a good... crypto could also increase the speed at which global trade is done, and shipments sent. After all, time is money. As for the morally repugnant part I mentioned earlier? Well it struck me while I was writing, that VISA and the banks charge merchant fee's (to the best of my understanding) on the TOTAL amount paid through their network, not the pre-tax amount of the good being sold. I can't believe I missed this one til now, but this literally means that VISA and the banks not only make profit on the value of the good that you transferred (which is fine), but they also charge a fee (4-5%) on the TAX component built into the price of the good. Most people could argue there is perhaps some benefit given back to them from their taxes, but there is absolutely no benefit for them in this additional 'VISA fee' as I'll call it that is added on top. This makes goods even MORE expensive and is a further conflict of interest when banks give money to politicians... I mean they're making a percentage fee on all of the tax that is inbuilt into every product sold world-wide... Higher taxes = more expensive goods world-wide = higher bank fees to them. It reminds me of sales taxes in NZ being charged to the excise tax component for NZ gas for our cars (1.50 US per Litre here or about $5.60 gallon). VISA and banks should only be taking fees from the pre-tax value of goods, it is possible to do today without an accounting headache by flagging VISA and bank transactions with "Goods sold" tags in accounting software that automatically reduce the fee by 35% to eligible businesses for example... or just use crypto... There will be no technology more empowering for humanity, that puts power back into the hands of the many than decentralized, global money; cryptocurrency is the ultimate freedom. I can tell that you spent quite a bit of time on it. Great first pass. This could turn out to be a great article. I had like to write a few more articles myself but seldom even get an hour uninterrupted. You guys are doing a great though. I appreciate that very much. |
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Press Release Update:
Sorry for the delay again and thanks for
understanding.
We have almost finished resolving the issue.
Just following up a few things with our
web host. Everything should be 100% OK
to start distribution first thing Friday.
Sorry about the delay, we have new security
measures in place so this shouldn't happen again.
Best
Blake
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Quick Update:
It looks like DNotes is trending higher at both Poloniex and Cryptsy. I am also encouraged by the increasing amount of support we have been getting.
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Been working with digital currency for about 3 weeks now, and more amazing attributes of DNotes are being revealed every day. Did you know that DNotes has implemented the FIRST family of savings plans for Cryptocurrency? Our CRISP savings plans have something for everyone - kids, students, retirement, employees, and a CRISP for charity will be coming soon. Kids - http://dnotesvault.com/crisp-for-kids.phpStudents - http://dnotesvault.com/crisp-for-students.phpRetirement - http://dnotesvault.com/crisp-for-retirement.phpEmployees - http://dnotesvault.com/crisp-for-employees.phpThis is an amazing opportunity to begin planning for your future. There's no need to involve a financial planner. There are no minimum requirements. There are no fees. AND there are giveaways to benefit from as well. Just a small investment can turn out to be a large payoff as DNotes steadily increases in value. For example, $100 invested in DNotes in March 2014, when it was first traded was worth over $2,000 by the end of 2014. that's a HUGE jump. I just paid my electric bill over the phone the other day. There was a WHOPPING $10 fee to use my credit card. $10??? Are you serious?  That's like at least 9 Butterfinger bars! Now. Imagine a world where you paid little to nothing in bank fees, ATM fees, payment processing fees, transaction fees. If digital currency was accepted everywhere world wide, the money saved on various (pointless) fees would be phenomenal. The money we save could then be invested in a retirement fund, or... You know... Candy bars.... Let's talk about inflation. Inflation happens when our government decides to print more money without having anything to back it up (like the gold standard). This puts our country further into debt, and decreases the value of our dollar. The current inflation rate is .2%. To put that into perspective, $1000 five years ago is worth about $900 today. Inflation occurs because our economic system is based off of a centralized currency, meaning the government holds authority. Digital currency is decentralized, meaning authority is put into the hands of the people. Cryptocurrency cannot be copied or counterfeited. No one can print more. This means it is INFLATION PROOF!! The first digital currency was created in 2009. The market has since then blossomed, giving everyone, no matter age, gender, social or economic status a chance to take advantage of its many benefits. I encourage you all to invest a small amount into a CRISP plan. Open a DNotes Vault account. Check out a few exchanges, familiarize yourselves with Cryptocurrency. It IS the future of money. Don't be left out. Www.dnotesvault.com (find CRISP and store your DNotes here) Www.cryptsy.com (exchange here) Www.poloniex.com (exchange here) Www.dcebrief.com (get the most important crypto news here) Great post Kristina. The message is consistent and clear and people are going to take notice at an ever increasing pace. Wow, Kris, that is an excellent post. May be there is hope that I return to retirement in a couple of years and let the younger generation take over. Great job. You are certainly on the right track. Let me guess. Potential in transaction fees savings using a stable digital currency like DNotes in the USA alone will be in the $ billions based on a 20% market share. Perhaps, one day we will do a research and come with some hard numbers and write an article for DCEBrief. |
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Good coin, Great Community, Strong community too im buy this coin some month ago and i like with rate now  Welcome Scream, great to have you join us. We really appreciate the comment. We are indeed a strong tight-knit and ever growing community that is undertaking key projects that will turn DNotes into an international success. Succes for DNotes will only be truly realized when any two people can easily make an account, send funds to it (or use DNotes low fee ATM to escape bank fees?) and then send to any other person in the worlds DNotes account with no third party making anything on the transaction (completely p2p). That is a good goal to pursue for the near future. Just imagine all the extra services that could be provided for a small fee on an instant p2p payment network? Providing 'bare-bones' access for essentially free seems to be the way that many businesses are putting their products out there, especially in the gaming world. These games then rely on players purchasing exta 'in-game content' like skins, custom music and customizable decals to put on weapons / characters etc. It also seems common that in-game 'raffles' or 'unboxing' of hidden items is a trend, that means that people can be given statistically rare items that are worth hundreds of dollars that they then trade with other owners of the game. This creates massive value to a game that is offered for free; but pay to customize. Riot games released their game "League Of Legends" under this model ~2010/2011, and even though the game is free, which means a massive user-base, many of their users choose to pay for customization. Riot games made over 1 billion dollars on League Of Legends alone in the last year... on a free game. I'm being all hypothetical here, but applying the model to crypto: Everybody uses money; Everybody can transfer money for free using digital currency; Digital currency has an unlimited potential number of users with no real barrier to entry; Many of these users will happily pay for extra features on top of their core service; A gaming company made 1 billion dollars alone in 2014; What do you think a currency company's potential would be with the custom service offerings it may provide? *edit: I DO NOT play League of Legends. TeeGee, you made two interesting points that I am going to briefly response to. 1) "Completely P2P" transaction is our ultimate goal. This may take years if not an entire generation but if we don't position DNotes to be that currency to gain worldwide mass acceptance, one day, then some other currency will. We are taking our mission very seriously, every step of the way. Yes, once DNotes starts to gain momentum there will be plenty of opportunity to add value and charge a small fees. Multiply that by billions of times, you are talking about some serious revenue. 2) The Gaming world? That is for sure - just a little early to elaborate. That will come under our next phase of "strategic partnership". Let's say we are casting a very wide net. |
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Here is a sneak peek of our press release scheduled for mass distribution tomorrow with full tweeter campaign: DNotes Live on Cryptsy For Bitcoin Trading, Growth of Ecosystem With
World's First Cryptocurrency Savings Accounts Continues Unabated Stable Bitcoin alternative DNotes has just been added to reputable Bitcoin and cryptocurrency exchange Cryptsy. DNotes offers a complete digital currency infrastructure; including the world's first Cryptocurrency Investment Savings Plans. DNotes is pleased to announce it has recently been added to reputable digital currency exchange Cryptsy. Operating for over 2 years, Cryptsy has more than 270 000 registered users with over 300 000 trades taking place on the platform every day. Cryptsy accepting DNotes helps solidify DNotes' extensive ecosystem; which includes the world's first long term cryptocurrency savings plans (CRISPs), DCEBrief.com which offers the latest digital currency news for busy executives, DNotesVault guaranteed safe coin storage, and women oriented cryptocurrency neutral platform CryptoMoms.com. I was just advised a short time ago that there has a delay at the distribution of our press release due to some technical problems. Hopefully, that will be resolved soon. |
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Here is a sneak peek of our press release scheduled for mass distribution tomorrow with full tweeter campaign: DNotes Live on Cryptsy For Bitcoin Trading, Growth of Ecosystem With
World's First Cryptocurrency Savings Accounts Continues Unabated Stable Bitcoin alternative DNotes has just been added to reputable Bitcoin and cryptocurrency exchange Cryptsy. DNotes offers a complete digital currency infrastructure; including the world's first Cryptocurrency Investment Savings Plans. DNotes is pleased to announce it has recently been added to reputable digital currency exchange Cryptsy. Operating for over 2 years, Cryptsy has more than 270 000 registered users with over 300 000 trades taking place on the platform every day. Cryptsy accepting DNotes helps solidify DNotes' extensive ecosystem; which includes the world's first long term cryptocurrency savings plans (CRISPs), DCEBrief.com which offers the latest digital currency news for busy executives, DNotesVault guaranteed safe coin storage, and women oriented cryptocurrency neutral platform CryptoMoms.com. |
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Quick update on how DCEBrief is doing:
Today we had well over 500 visitors, and has been trending up daily. Seen glimpses of it on Google news and several other news outlets. Social media response has been very positive. By my estimate we are doing very well for this early stage.
DCEBrief's success is important to DNotes and all of it's stakeholders and supporters. We are getting the message out about the importance of digital currency, providing positive media attention for the industry, introducing many people from various backgrounds to DNotes cause and mission, as well as creating another income producing property that will be rolled into the DNotes company and will have a positive effect on the DNotes economy and it's stakeholders. The most successful ventures are ones where everyone can benefit, DCEBrief is another great example of that.
Lastly, I want to thank everyone for contributing to the DCEBrief project, from idea to reality, it wouldn't have been possible without your help and support.
That's a great effort. It's awesome to have a medium like that to post quality content. Soon enough those visitor numbers will be in the tens of thousands daily, the services on offer will have expanded just beyond writing informational articles, and the page will really drive education and by proxy of that, further crypto adoption. The industry as a whole, and DNotes will benefit immensely from this. I think getting a basic glossary done soon is a good idea with terms like "Blockchain", "Bankchain", "API", "Ledger", "Smart Contract", "Mining" etc will be important quite soon, the best part is, is that it wouldn't require any special writing skills to do it! Any takers? There is every indication that DCEBrief will be a great success and a valuable part of the DNotes company. Again, Dnotes is taking a very different path because we are firmly committed to be the currency with a purpose. We have no interest in a get rich quick scheme, too common in our industry. Our commitment is to do the right thing every time for the benefits of everyone with the best interest of our industry in mind. Should we succeed, we all will benefit from it. To us that is a far far better choice. That is what I can personally can be proud of and I know you do too. We appreciate how everyone has been so helpful and supportive. As always, we appreciate that very much. We are happy that DNotes is finally listed on Cryptsy exchange. It will be a huge help if they would soon offer a Note/USD and Note/CAD pair and eventually have a direct link option to customers' banks. That will be a significant feature when we start to promote our family of CRISPs savings program in a few months. There will be a full press release supported by a massive Tweeter campaign tomorrow. We are just getting started. There will be a lot more to come. " I think getting a basic glossary done soon is a good idea with terms like "Blockchain", "Bankchain", "API", "Ledger", "Smart Contract", "Mining" etc will be important quite soon, the best part is, is that it wouldn't require any special writing skills to do it! Any takers?" TeeGee That is a great idea, TeeGee. I hope someone will take on that challenge. |
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Hi, all. I know this thread has been mostly covering the DCEBrief lately, but I wanted to bring back into focus some important issues about DNotes and Charity. As some of you may know, I visited Alan in Chicago this weekend to gain more direction (very productive visit, btw!). On my way home, I was able to spend a few hours roaming the city before my train left. I was BOMBARDED by various people asking for help, mostly "to get to the homeless shelter". I gave what I could, knowing that my money would best serve them coming from a charity organization. I couldn't help but think.... what would the impact be if people could donate crypto to charities? First and foremost it will be recognition from the charities part that crypto currency is a real currency. It will also portray the average crypto currency user as a “normal human being” that had the brains, the guts and the will to do something different. So the people’s perception will change toward crypto currency users. Lastly, it will make the process of donation more efficient, eliminating fees and the "middleman" involved. I am contacting the Chicago Coalition for the Homeless www.chicagohomeless.org to request that DNotes and Bitcoin be accepted as an option for payment. I ask you to join me. I can't do it alone. While my children, my parents, my friends, and I are snug in our beds tonight with full bellies and warm toes, there are people - REAL PEOPLE - whether by choices made or circumstances unforeseen, have no safe place to rest their weary heads. Kris, glad to hear your visit was productive. You have my support, I will send an email requesting that they add cryptocurrency as a form of payment and if they have any questions regarding how to set that up I will offer any help I can. Thanks so much - your support is appreciated!! That sounded like Kris. She is always ready to help others. I trust that DNotes and CryptoMoms offers her a great platform to reach out to many like-minded individuals who would love to join force with us to make a positive difference. |
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Great article Tee Gee! I have to say that it scares me to death that we are on the verge on a major global economic disaster that will make 2008 - 09 look like a minor blip. I will keep hoping that this disaster holds off long enough to allow DNotes to become what we all envision, and that it performs as a balancing act that ensures people don't lose everything they have. That is indeed a great article. It is well researched and very compelling. So far it has been like a game of perpetual musical chair, and in this particular case there may be only 80 chairs for every one hundred people. As long as the music keeps playing everything is fine. Once the music stops, many will be left without a chair, more likely without a job or a home . A digital currency like DNotes offers an alternative asset preservation to supplement other savings. It never hurts to diversify one's investment, especially when we know that there inherent risk with our current financial systems. |
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Final version looks good, thanks.
Excellent job, TeeGee. I like it very much. DCEBrief is looking very good. Frankly, it is turning out to be far beyond my expectation. It is simply amazing how much a dedicated community can accomplish in a short period of time. Just building a trustworthy digital currency in our challenging environment is tough enough for most coins in our industry. We have been able to accomplish that against all odds. On top of that, we have built a solid ecosystem of our own that will be of great benefits to DNotes and our industry. It has been an amazing journey but the beginning of many good things to come. Great job everyone! As always thank for your support and confidence in our team. |
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All,
What do you think of adding another section to DCEBrief for FinTech? We already have Finance and Technology, but some news might be better categorized as FinTech. For example, reporting on digital currency crowdfunding. We could categorize them in the existing categories, or add a new FinTech category for it, among other news. There are advantages and disadvantages either way, so I would like to know your thoughts.
My vote is to add another section just for FinTech. Some people's interest is in just this and if DCEBrief had it as its own section that might draw further interest. "Quick and Easy" dissemination of information is the DCEBrief main goal. I agreed that FinTech deserves to be a dedicated section. Many interesting articles can fit well into the rapidly growing FinTech segment. |
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I saved one for you, Kris. You can join the party when you get here.
Kris is on her way to Chicago for two days training. Once she finished all her home work assignments and passed her qualifying tests she will be on full time assignment to support CryptoMoms, DNotes and our family of CRISPs. This will free up some time for me to start working on our next phase of incorporating a company for our ecosystem and prepare for various rounds of funding, among many other things of course.
2016 will be a very exciting year for us. Thanks for your support and confidence. We always strive to be the best in class. We just did that again by winning the top spot at Cryptsy by a wide margin.
It looks like I'm the last one to the party! We should all be very proud of the hard work and determination it took to get listed - what a great community! It has been a very long day and that bubbly is starting to look pretty good.  Kristina- good luck with your training! Thank you chase! Dyna is a by far the most dedicated human I have ever met, I feel honored to be working right next to him (and the coffee is wonderful! Lol) Thanks, Kris for being a great student. |
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Has anyone noticed that we are off the voting list on Cryptsy? Does that mean what I think it does??  Awaiting eagerly to see. is it really HAPPENING?!!!???!???!? I think so, SEABOND. then, this should be appropriate.  Pass one of those over this way.... I saved one for you, Kris. You can join the party when you get here. Kris is on her way to Chicago for two days training. Once she finished all her home work assignments and passed her qualifying tests she will be on full time assignment to support CryptoMoms, DNotes and our family of CRISPs. This will free up some time for me to start working on our next phase of incorporating a company for our ecosystem and prepare for various rounds of funding, among many other things of course. 2016 will be a very exciting year for us. Thanks for your support and confidence. We always strive to be the best in class. We just did that again by winning the top spot at Cryptsy by a wide margin. It looks like I'm the last one to the party! We should all be very proud of the hard work and determination it took to get listed - what a great community! It has been a very long day and that bubbly is starting to look pretty good. Kristina- good luck with your training! The first day of trading on Cryptsy went well. Smooth upward trend. Most people may not even know about it yet. We are scheduling a full Press Release with Tweeter campaign for Wednesday next week. Personally, I am very excited that we are finally listed on Cryptsy. The timing for us is excellent. We are ready for the next phase. All of our phrase one building blocks are lined up after a lot of hard for work over a year based on our firm believe of what it takes to be a trusted global digital currency for everyone worldwide to participate. We started out with a small community that treasure collaboration with mutual respect, fostering the most productive environment in our industry; thereby leading to great accomplishments in a short period of time, that would not have been achievable otherwise. Together we have built a trusted brand, created CryptoMoms to help improve gender imbalance, provided programs for everyone to participate through our family of CRISP, enable ease of use and security through the creation of DNotesVault. We have developed DNotes Educational Guide and DCEBrief to help promote better awareness and educational needs for those who like to be kept current and learn more about digital currency and the Blockchain technology destined to be the greatest technology since the Internet. It is quite remarkable that we have been able to accomplish so much with a small dedicated community. This is just the beginning and I like to thank you all for your hard work and dedication for many jobs well done. |
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Has anyone noticed that we are off the voting list on Cryptsy? Does that mean what I think it does?? Awaiting eagerly to see. is it really HAPPENING?!!!???!???!? I think so, SEABOND. then, this should be appropriate. Pass one of those over this way.... I saved one for you, Kris. You can join the party when you get here. Kris is on her way to Chicago for two days training. Once she finished all her home work assignments and passed her qualifying tests she will be on full time assignment to support CryptoMoms, DNotes and our family of CRISPs. This will free up some time for me to start working on our next phase of incorporating a company for our ecosystem and prepare for various rounds of funding, among many other things of course. 2016 will be a very exciting year for us. Thanks for your support and confidence. We always strive to be the best in class. We just did that again by winning the top spot at Cryptsy by a wide margin. |
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wooohoooo congrats to all suporters and the Team, good job.  lets spread the word everywhere!! good trading! Congratulations! DNotes is now live on Cryptsy. Thanks for all that hard work. This could be a big step forward, especially when Cryptsy can start offering Notes/USD and Notes/CAD pair. I am sure that will take a while. When this happens it will be a huge boost to our family of CRISP. One day CRISP savers with direct link form Cryptsy to their bank account will be able to set of reoccurring purchases as part of their regular savings program. Yes, Please spread the word. |
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Hello all! I was just doing some research in an attempt to narrow down some very broad topics to write about to a singular topic that is much narrower, and in my research (still pending original source at this stage), I remembered this little factor, and how it really highlights the need to reanchor the worlds production to a non-manipulatable, global digital currency like DNotes. The following is truly harrowing if you understand the true potential effects of default and economic collapse. Nobody here has seen a true 'recession' in their lifetime because all the previous ones were deferred with the printing of more money and bank credit expansion. "It is Mathematically Impossible To Pay Off All Of Our Debt..." - http://www.zerohedge.com/news/2015-05-22/it-mathematically-impossible-pay-all-our-debtNow this much should be obvious to anybody who understands that money is created as debt, and all debt accrues interest that must come from somewhere, ergo... more debt must be created BUT! The USA is in a position where even if you took all of the different forms of money: savings, cash, chequeable balances, mutual deposits, money market funds, short-term repurchase agreements... Basically ANY piece of US money that EVER existed... and used it to pay the Government debt, there would still be government debt outstanding... To put it further into perspective, the US government debt is circa 18 Trillion, all the money that every existed is ~17 Trillion, that doesn't take into account non-financial and household debt, which brings the total to 41.4 Trillion. Then think that the 18 Trillion figure for government debt doesn't even take into account unfunded liabilities (promises to pay in the future - medicare, medicaid etc), the total government debt balloons to ~115 Trillion + household debt (14 Trillion) and non-profit debt (12 Trillion) for a whopping total of: 141 Trillion dollars. 17 Trillion dollars of money (in its loosest definition - 3 Trillion exists in actual liquid money) to somehow repay 141 Trillion... The Rubicon has been crossed... Luckily non-government programs like CRISP plans may work to alleviate some of this potential economic pain - a remarkable nod to foresight. Retirement plans offer saving rewards for many of us who won't retire with benefits like medicare and state pensions, students crypto investment and giveaways to combat student debt, trust funds to encourage saving for your child's future early etc. These are all essential components of a globally accepted digital currency, and they have been rolled out in pilot before global currency status has been earned, which allow people to purchase DNotes cheaply and participate in these investments early when they're most lucrative. I call that a great buying opportunity. There was also one comment on the page that summed up my views quite nicely: "The American government has been spending trillions of dollars on programs it had no Constitutional authority to create, and such unconstitutional expenditures exceed the amount of the federal debt. Therefore, The federal debt is unconstitutional.Not only are most government programs themselves unconstitutional, but the debt used to pay for these unconstitutional programs, which were created by previous taxpayers, is paid for by future taxpayers. Therefore, The federal debt is Taxation without Representation.Taxation without representation is also unconstitutional. In fact, it is the reason America seceded from the British empire." Great post, TeeGee. I am sure that many of us have heard that before. As a DCEBrief article it will be good to point out the risks and other facts as you mentioned, but shy away from the constitutional issues. It is appropriate to point out the value of digital currency as alternative investment. |
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