Nice, RJF. Yes, keep us posted. Allcoin: I sold some NOTE, and pulled the Bitcoin. Did anyone notice this: "- Being Processed since 105 days 3 hours (without answer.) - Being Processed since 91 days 20 hours (without answer.) - Being Processed since 72 days 7 hours (without answer.) - Being Processed since 61 days 3 hours (without answer.)" https://bitcointalk.org/index.php?topic=450306.280105 days? and the poster is still asking for patience? Sigh: Allcoin is Gox. Shanghai Stock Semi-Exchange closed 8.48% down. That's doubleplusungood. Mark (IndiaMikeZulu), Australia Allcoin is not responding to any support requests, in what looks like over a month. We did our best to support the exchange, but it is not looking good. Hopefully we can get the withdrawals resolved. We will have to actively seek out the owners. If you have information on contacting them directly, please let us know. I was unable to get my dnotes out as well. I sold a small amount just to see if i could get it out. I did sucessfully withdraw all my btc And my ripple. I attepted to remove dnotes off my moms account and it also times the server out. Just my experiance over this last weekend Thanks for reporting. There has been an increased selling at Poloniex. We are keeping an eye on. We are not clear if the situation at Allcoin has anything to do with it. On the bright side, DCEBrief is progressing very well. There is a good indication that we can get contributing articles from high level supporters. |
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Thanks, RJF. Keep us posted as you find out more. It is creative and will get some people to sell their bitcoin to fund their prepaid card. There are still multiple transaction conversion cost inefficiency to overcome. It may not be a game changer until the transaction is only between the buyer and the seller. No middle, no currency conversion. That is DNotes ultimate goal. DNotes will continue to make a very strong case why we need a trusted global digital currency as much as we need the sun to come out tomorrow. Sorry. Just suggesting that it will happen. However it will take years and we need to do all the right things at the right time. DCE Brief will be an invaluable platform for us to present our case and deliver the message to the right people. I am very excited about the project and have been exploring different options to provide valuable contents. |
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@ Dyna:
my Bitcoin is home safe. Response on the Dnotes-withdrawal failure promised within 24 hours. If none -- I don't know how you guys would normally handle such a situation -- my mob would go public.
m
I did three more tests this morning. 1) Withdraw 28K Doge = successful. 2) Withdraw .895 Litecoin = successful. 3) Withdraw 100 DNotes = Failed (Time Out Error) All attempts have failed over the last 3 weeks. I have sent in them a 4th support ticket. Has anyone else encountered a problem? Any suggestions what we should do next? I hope this isn't Mintpal 2.0!!! While I don't have any coins on Allcoin and recommend that anyone new uses Poloniex, I have helped people get set up at both exchanges in the past so I still feel responsible for what happens at Allcoin. Plus it is terrible for the industry! I sent them a message as well, but if you haven't had a reply in the last 3 weeks... who knows. Does anyone ever used their chat box? Would it be worthwhile posting "FIX THE DNOTES WITHDRAWALS!!" If they don't fix the problem, they can always be reported to the UK authorities. Edit: RJF beat me to chat box chatter!  They no longer have a chat box or any open communication channel. They seemed to have abandoned any form of support including responding to support tickets. Time out error is likely to be a simple fix. Looks like the "Captain" has abandoned ship. This is very bad for the industry. I hope we will be getting a response soon. They were the first exchange to list DNotes and I have been very supportive of them. It's highly unfortunate that they are totally unresponsive. One: no response to my ticket. Two: there is a current No-Response-at-Allcoin thread here. I have posted: https://bitcointalk.org/index.php?topic=450306.280Three: tweeted Big Vern Four: vote with Cryptsy Points? So that's what those things are for! (5 votes for NOTE.) @ Shepherd: ' . . . bucket full of bad options' Wow! Nice turn of phrase! (Bad bad situation.) Mark Thanks for helping us out in different fronts. I just took a quick look at the Allcoin thread. The problem is not unique to DNotes. It has barely been responsive for over a month. I hope they have the decency to return other people's coin. Cryptsy Vote Update: DNotes has now advanced to # 5 with 20,335 votes. Great job! The next jump will take almost 6 K votes. Will need a lot of help. |
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Hello all,
Filmed the interview section of the CRISP video today - went rather well overall. Only minor hiccup was needing to change venue at the last minute due to noisy renovations next to the room at uni we had booked to film in. The new venue (where I work) was having an open day and weren't too keen to have us stay long, so I only got one take at the second half of the interview (after being asked to wrap it up). Suffice to say, I think I got the main message that I wanted to get said, in a format that will keep the video brief by focussing only on the student related content, and not deviating from it. Overall, I'm sure the editors can create something awesome given the content we filmed. They can easily play random scenes against my answers if any cut and chopping is required (so nobody will notice the editing). Speaking for video is an interesting experience, because you want to say things in the right order, not repeat yourself, not say 'um' or 'ah' etc... whereas speeches are much more lenient in this aspect. Still, not 'scripting' things gives it a better feel in my opinion.
Quite pleased overall, I'm looking forward to the final edit!
Thanks, TeeGee. I know that you put a lot of efforts into it. It must be very frustrating to have to change venue at the last minute. It is amazing what editing can do these days. I would think it should turn out good. Very anxious to see it. Thanks again, TeeGee. Great efforts. |
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From CryptoMoms Forum: Quote from: indiamikezulu on Today at 08:34:52 AM " Gaps between public statements and private intentions open up in all political systems, but these become huge in a complex multinational structure like the EU." Ummm . . . do you mean that they are undemocratic? http://www.arabnews.com/columns/news/781301[Bad krypto geeks! Evil krypto geeks! No . . . wait . . . ] Quote from: Chase on Today at 07:19:48 PM " Moreover, European governments have belatedly understood the most basic principle of public finance. Government debts never have to be repaid, provided they can be extended in a cooperative manner or bought up with newly created money, issued by a credible central bank." - http://www.arabnews.com/columns/news/781301With this kind of logic, it's no wonder the world is in this mess!  Quote From Shepherd Today: Most unfortunately, this is leading to a perpetually growing mess that will eventually consume us without the protection of national boundaries. Sooner or later we all will be paying a very high price for it. For the time being, the United States may enjoy some short term gain at the expense of other nations; it is the better choice out of a bucket full of bad options, led by the strong USD. I never felt more strongly for a trusted global digital currency like DNotes to give everyone worldwide some protection as an alternative asset class; a little comfort that one will not stand to loose their entire life saving as we are witnessing too frequently today. |
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@ Dyna:
my Bitcoin is home safe. Response on the Dnotes-withdrawal failure promised within 24 hours. If none -- I don't know how you guys would normally handle such a situation -- my mob would go public.
m
I did three more tests this morning. 1) Withdraw 28K Doge = successful. 2) Withdraw .895 Litecoin = successful. 3) Withdraw 100 DNotes = Failed (Time Out Error) All attempts have failed over the last 3 weeks. I have sent in them a 4th support ticket. Has anyone else encountered a problem? Any suggestions what we should do next? I hope this isn't Mintpal 2.0!!! While I don't have any coins on Allcoin and recommend that anyone new uses Poloniex, I have helped people get set up at both exchanges in the past so I still feel responsible for what happens at Allcoin. Plus it is terrible for the industry! I sent them a message as well, but if you haven't had a reply in the last 3 weeks... who knows. Does anyone ever used their chat box? Would it be worthwhile posting "FIX THE DNOTES WITHDRAWALS!!" If they don't fix the problem, they can always be reported to the UK authorities. Edit: RJF beat me to chat box chatter! They no longer have a chat box or any open communication channel. They seemed to have abandoned any form of support including responding to support tickets. Time out error is likely to be a simple fix. Looks like the "Captain" has abandoned ship. This is very bad for the industry. I hope we will be getting a response soon. They were the first exchange to list DNotes and I have been very supportive of them. It's highly unfortunate that they are totally unresponsive. |
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@ Dyna:
my Bitcoin is home safe. Response on the Dnotes-withdrawal failure promised within 24 hours. If none -- I don't know how you guys would normally handle such a situation -- my mob would go public.
m
I did three more tests this morning. 1) Withdraw 28K Doge = successful. 2) Withdraw .895 Litecoin = successful. 3) Withdraw 100 DNotes = Failed (Time Out Error) All attempts have failed over the last 3 weeks. I have sent in them a 4th support ticket. Has anyone else encountered a problem? Any suggestions what we should do next? |
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I think to enter craptsy is a long way but is possible, maybe easy way is incrementing trading volumen in polo and talking directly to BigVern or another public owner/dev.
Is DCEBrief finally online?
Good weekend 4all
We are making good progress at Cryptsy to Vote For DNotes. Thanks for the strong support from our community. However, we have a long way to go and can use a lot more help. Please do what you can for us. DNotes is now at position # 6 with 19,173 Votes. We need at least 977 votes to be in position #5. DCEBrief is probably 4 to 5 weeks away before a "soft" launch. We want to make sure that we have high quality and informative contents before we start promoting the site. We are also very anxious to see the result of the first of a series of videos TeeGee has been working on. He is filming the first one today. |
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Hi everyone! Just stopping by to say hello. Have a good weekend!  Thanks for stopping by, MarriedWithChildren. You have a good weekend too. |
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Report on Allcoin Situation
Just got a 'Confirmed' on the withdrawal of a pinch of Bitcoin. (Will check my Btc wallet later.) Had to have the confirmation email resent.
But 6 attempts to withdraw NOTE all failed -- 'Time out'
Have opened a courteous support ticket, noting that this community will be following its progress.
Mark (IndiaMikeZulu), Australia
P.S.: I had actually considered a ticket the other day, to ask about Allcoin's unbelievably slow incoming-coin confirmation process. Our Trader, Ian, assured me that it's probably (the exact opposite of Swift and Sure Poloniex!) that the confirmations are manually checked.
Thanks, Mark. I was able to withdraw a small amount of BTC after 2 attempts. All attempts to withdraw DNotes failed irrespective of amounts; as few as 10 DNotes. All "time out error" messages. No response to any communication, including offer of help. |
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really you all think cryptsy is a good move, I don't and I trade there, its just average with nothing new all the time, at least trex adds coins that are moving ..but I do support anything Alan is standing behind so if he thinks so them im in voting I guess  Thanks for being so supportive, kold678. The credit should go to our community, RJF and others. A lot of DNotes’ great ideas and accomplishments are from our community. I did not realize that DNotes shot up to position # 9 when I checked in a few days ago. We are now at position # 6 with 15,931 votes. The 1st position has 39,900 votes. We still have a long way to go. It appears that Cryptsy has not added a new coin from this list for a few months. There are no assurances that we will be listed even if we secured the top spot. In view of that, I strongly suggest that each of you write to Cryptsy expressing your support for DNotes. Those who can may also consider donating .01BTC for 50 votes. A large number of people supporting the campaign will be much more compelling than a couple of big donors. You may send your donation directly to Cryptsy BTC deposit address allocated for DNotes Vote account: 14AGjtup6T6k4kB1bmbMUVmePNUXEYuqmQ DNotes is now getting fairly well established. We will soon be entering our expansion phase, with targeted campaign for each of our CRISP program. Making DNotes more widely available will be a good thing. We are also starting to look at other exchanges. Closer to home it looks like Allcoins may be fading away. Their trading volume has dropped dramatically. I have not been able to withdraw any DNotes for the last few weeks and have not received a reply for the last three support tickets. It is troubling to say the least. Please let us know if you have any helpful information regarding Allcoins. |
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Please Vote For DNotes at Cryptsy.
We have officially started a campaign for DNotes to get listed on Cryptsy Exchange. Anyone, including our visitors, are asked to help us get to the number one position. Additionally, please write to Cryptsy's management making a strong case for DNotes to be listed on their exchange. I am all in and will continue to do my best to support this campaign. Please rest assured that, as always, your support and contribution in any way you can will be greatly appreciated.
Update at 12:30 PM (CST) 7-23-2015DNotes is now position #8 with 13,936 Votes. Thank you all for your efforts. Looking forward to your continued support. |
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Please Vote For DNotes at Cryptsy.
We have officially started a campaign for DNotes to get listed on Cryptsy Exchange. Anyone, including our visitors, are asked to help us get to the number one position. Additionally, please write to Cryptsy's management making a strong case for DNotes to be listed on their exchange. I am all in and will continue to do my best to support this campaign. Please rest assured that, as always, your support and contribution in any way you can will be greatly appreciated.
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This community is a shining model for every other coin. You're all awesome! That's all I got for now.
Thanks Mochilles! More and more people will be able to see it over time. We just have to stay focused and keep pushing forward. why does anti-virus scan indicates that the windows wallet contains trojan? SONAR.Heuristic.132 (Removed).... might try the vault. does your coins stake on the dnotesvault? Welcome SEABOND! Which virus program are you using? I've only tested it with malware bytes. Also, make sure you downloaded the program from DNotesCoin.com Also, DNotes does not have a staking option. We do have a retirement program with a limited interest fund, more info here: https://dnotesvault.com/crisp-for-retirement.phpWOW!! Thanks for the awesome welcome! Glad to be hear buddy! I used symantec to run a scan on my isolated wallet machine. i downloaded the wallet from the website http://dnotescoin.com/Thanks for the quick response No problem! I will see if Symantec has an application white listing process. Should be nothing to worry about if it got it directly from us though. I generally stay away from playing with anything that is labeled as trojan, whilst I understand sometimes the scan can raise the wrong flags. for now my dnotes are sitting on a pool (undesired) may look into the vault though. Look no further....lets plan our retirement together. QT based wallets cause many virus/malware programs to throw a false positive. If you downloaded it from the DNotes official site, it's clean. We used to run Symantec at work but don't anymore due to too many false positives. Honestly, the best virus/malware protection I have found over the years is a combination of Microsoft Security Essentials and MalwareBytes... However, if you open a CRISP Retirement account, you can store you NOTEs online in the secure DNotes Vault with a 100% guarantee against lose and get interest all at the same time... Thanks for the reminder on the value of DNotesVault. We are not in the habit of overselling anything that we can not deliver. Frankly, DNotesVault is of enormous value and convenience to our stakeholders and not likely to be matched by anyone else in our industry. This has been made possible through the dedication and generosity of some of our strongest supporters. It is a very important part of our ecosystem, in support of many of our building blocks for future expansion. |
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Ive just listed 10,000 notes on C-cex at lowest sell order if anyone wants a large amount. Dont get me wrong Dnotes is amazing, Ive just got other coins im investing in right now. Thanks
Vegas
Hi Vegasguy. I just bought 5,000 to help out. Best of luck to you. |
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This community is a shining model for every other coin. You're all awesome! That's all I got for now.
Thanks for your kind words Mochilles. We are a community of common people working hard to make a honest living, yet committed to be of help to others when we can. We strongly believe that common people like us when united in pursuit of shared visions and objectives, with the right leadership and organizational support, (our ecosystem) together we can attain uncommon results. Everything that we do is for the mutual benefits of all of us and others who will be joining force with us. We are here for the long term, committed to do things that will have lasting value, for generations. None of us may live long enough to witness DNotes as the global digital currency we have been talking about but that should not diminish our relentless passion to build the best path and foundations for DNotes to accomplish our ultimate mission of being the trusted global currency for everyone. |
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Food for Thought:
'unbanked'/Greece/whoever is trying cryptos for the first time: my Bitcoin wallet is so big/sucks so much Net that we call it 'the Behemoth,' and -- I'm not joking -- it's a 150-mile round trip to get its upgrades done.
So, when you're marketing Dnotes, note what a sweet little blockchain it is to work with.
(And do you guys realise how fabulously fast transfers on and off Poloniex are with the Dnotes wallet? Fastest I've ever worked with.)
Mark (IndiaMikeZulu), Australia
That is correct Mark. Downloading the Blockchain takes hours. DNotesVault is undervalued. Perhaps more correct to say "undiscovered". We have made it very easy, and secure with 100% guarantee. We don't charge any fees for the service and offer prompt tech support. Together with our family of CRISP participating in digital currency just can not be any easier. |
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Here are some of Smokey's Daylilies growing on the shores of the Chesapeake Bay
Wow RJF, I didn't even know you had any. Got 'em while I was out there in May... Lots more ready to bloom! Great job. Looks like your garden is better taken care of than mine. However, I do have a lot of new creations that are blooming for the first time. We do have a large selection of some gorgeous daylilies. There are more than 70,000 registered cultivars. I have a few hundred of the best plus our very own. It will be cool to register one named "DNotes". Just heard back from PR. and this is what Blake said, "I will definitely tweet out about voting for DNOtes on Cryptsy". Keep the "Vote for DNotes on Cryptsy" campaign going. I will give it a push tomorrow when I have a little more time. |
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Just a few more.  This group is amazing! Good things do not happen over night. This is Smokeys Gardens eighth year in the Daylily business. We want to be the number one daylily grower in the world. We are now within striking distance. For eight years, we constantly seek out industry weaknesses and problems and work very hard to provide the best solutions. DNotes is in a totally different industry. Amazingly, the business principles are almost identical. "If we don't care to be, we will never be". We always wanted DNotes to be the trusted global digital currency for everyone worldwide. Everything we do is geared towards that. There will be a lot of hard work and many obstacles to overcome. Given the time we will get very close to where we always wanted to be since DNotes was launched. DNotes is much more than just another digital currency. It is a global digital currency with a purpose destined to be superior to fiat currency once its core strategies are fully executed. We have been laying them out block by block. The next block is DCEBrief. And there will be more. Stayed tuned. |
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Another week is gone. Very soon another month comes to an end. And on August 18, 2015, DNotes will be 18 months old (1&1/2 years). It will be great if DCEBrief is ready for launch. It is possible but may not be likely because a lot more work needs to be done. I will try to focus on it this week as much as possible and can use all the help I can get.
This past week has been particularly challenging. I don’t remember the last time I went to bed at 10:00 p.m. and the next thing I knew was 6:00 a.m. Guess I maxed out both physically and mentally. Daylilies in our gardens are at their peak bloom and a lot of them are one of a kind we created a few years ago. They are stunning but take a lot of hard work, just giving them minimum care. I hope Joe will have time to take a few pictures at the farm and share them with us; 38 acres of gorgeous daylilies with thousands of our own creations. That is easily 100 times more than what we have in our gardens.
I must have responded to over 300 emails last week. Quite a few were the result of my participation at the Inside Bitcoin convention in Chicago and the Chicago Bitcoin Meet-up. Most of them were from my LinkedIn network, which interestingly enough are getting an increasing number of requests from the media. Although most of them are just curious, that is still a very good sign.
Greece financial crises have been on my mind all week. Frankly, it is very frustrating and depressing to think that there are viable business solutions but since DNotes is still in its infancy, for all practical purposes, we are not in any position to be of help. Now that the European Union and the European Central Bank “own” Greece, adopting a digital currency is totally out of the question. I appreciate that at one point CCTV was interested to interview me on that interesting possibility. The interview is now on hold.
In my opinion what we have seen is the worse of mankind in exploiting the helplessly weak party on a large scale with no regards for the financial hardship and desperation of millions. I am deeply troubled and fear that its negative implications will be far reaching, affecting everyone worldwide in varying degree. This was what I said a few weeks ago, “This is a very sad and tragic situation. The rich may end up losing a vacation home in a foreign country but many of the less fortunate are at risk of losing their entire life savings, while being too old to rebuild their nest egg. It is even more depressing when no viable political solutions exist to give Greece’s citizens any hope of rebuilding their financial future”. This is how I feel about today, “There will be so many restrictions in the final agreement, it is going to be like forcing a patient in intensive care to donate blood”.
It is a harsh statement. The facts remain that political solutions are meant to bring relief to the creditors while squeezing those who can least afford to give up more. A better business solution would be to issue a “ground halt” on all payments due over the next three years with zero interest accumulation. Bring in volunteer entrepreneurs worldwide to work with local business owners and focus on viable business solutions. The European Union, ECB, IMF and other international organizations should focus on working with the Greek government to develop the most favorable business environment to promote local and international business and trade. A significant amount of the “relief funds” should be allocated to assist new business development. Adopt a digital currency like DNotes and make Greece the world headquarters of digital currency and blockchain technology.
The situation in Greece is awful, it's equivalent to having a heart attack following 20 years of poor diet and lack of exercise. I have so much sympathy for the Greeks situation, but this was always going to be the conclusion. Historically it has been the young who are punished by economic turmoil - in the past when a nation or group owed another too much money, the young would be sent to war; today the economic burden incurred by one generation are passed on to the next. This is not only crippling to the poor, but also to the young: there is now massively reduced opportunity for youth in Greece (50% youth unemployment...), and of course by all definitions that is considered 'poor'. DYNA is correct when he stated that the negative implications are both far reaching and tragic, and not just because people may lose their savings, careers and happiness, but because both the Greeks and the EU's political leaders have ensured that recovery for Greece is nearly impossible. I believe that most here are already familiar with the debt situation in Greece, so I will focus on another aspect that I find worrying.
Demographic change from emigration overseasJust like can be seen with Mexico, tyrannical and corrupt Governments find it favourable when their citizens leave overseas to earn income in a foreign country, and send large amounts of it back home in remittances. This means that there is a giant influx of money from former citizens into the country for the Government to play with via short-term GDP growth, without needing to provide any public services to them. There have been several mass exodus's of Greek citizens from Greece to other countries, and some of the most recent include more than a million migrating to Germany from the 50's to the 80's and in 1982, the remittances were 382 million dollars per year which was more than one QUARTER of Greece's Gross National Product... This is such a crucial point to understand about Greece and other places that experience brain-drains as a result of hostile Government taxes and regulations. Some provisional study has suggested that it is the people with the most intellectual potential that leave the most, and the fastest. I would almost go so far to prove that it is empirically known that the most intelligent people in a country drive economic growth. It is not the 'average IQ' that matters the most, but the 'peak IQ' of a country, or 'how bright' the best in your country are, that drives economic growth. Greece is especially hostile to achievement with high taxes and punishment for free-market activity. Intellectual capability is also an extremely hereditary trait, so when the intellectual elites that drive economic growth are encouraged to leave, they take all the future economic growth with them because they are likely to have the more intelligent children. We are talking 1 million Greeks in Germany alone from 1950 to 1980... and a sixth of Greece's population moved to the USA. The EU's freedom of movement through the union has not helped Greece hold onto its brightest. "The first wave of emigration was spurred by the economic crisis of 1893 that followed the rapid fall in the price of currants - the major export product of the country – in the international markets. In the period 1890-1914, almost a sixth of the population of Greece emigrated, mostly to the United States and Egypt." - http://www.migrationpolicy.org/article/greece-history-migrationIt normally takes a generation for these demographic changes to be realized, when the remittance payments cease. The hostile economic environment Greece has today, will further entrench this demographic reality. Greece needs its best and brightest for recovery, we need to encourage them to stay! For this reason, I love Alan's (DYNA's) plan for Greek recovery. I do not claim to know what is the best 'detailed' approach to fix Greece, but Alan's loose approach is pretty bang on. While Alan's proposed halt on payments at zero interest may appear unfair to Greece's much poorer neighbours who are struggling with much lower standards of living (and I agree with them), it is probably the best means to achieve recovery if every step is incorporated together: 1. Cease all payments of Govt debt to international banks / EU, provide 3 year inflation adjusted amnesty. 2. Reduce taxes, bureaucracy, red tape and all other infringements to free-market activity to encourage Greece's best and brightest to stay in the country, and more to the point, be more compliant with the country's tax payments. N.B. When taxes are less progressive (flat-rate) and lower, tax dodging via trust funds and overseas accounts decreases, often leading to higher Govt tax intake. 3. Massive drive to encourage new business activity with new investment and skills transfer from top entrepreneurs world-wide as Alan (DYNA) suggested. Digital Currency could play a massive role here. Specifically, foreign nations with Greek heritage can mentor and help rebuild Greek economy. 4. Look for digital currency integration as an alternative to the EURO, giving consumers a choice on how they wish to hold their life savings. Digital currency has positive value and will always be fully funded in a wallet account, rather than a bank, where only 2% of the money supply actually exists (so when more than 2% of the total money supply is demanded... well... you saw what happened at the ATM machines when the money didn't exist...) N.B. Digital Currency would also lower transaction costs for trade through elimination of merchant fees, increase economic activity (estimated at 1% reduction in end user good prices - also lifts quality of life through increased purchasing power. 5. Hopefully get partner bank to work with Digital Currency, or many!!! This would mean financial integration world-wide, and mean Greek's can borrow from the world market (financial competition). This difficult goal would mean that there would exist a free-market that Greeks could borrow from, rather than being subject to the incentives to over-spend provided by their local government / ECB's decisions to lower / increase interest rates. The finances would also be very simple to move around with the zero-fee's offered by Digital Currency. Change the culture, change the regulatory environment, change the money. Greece needs to hold onto its best and brightest and stop the brain drain, the aforementioned points will help achieve this. My own country NZ has endured a brain drain for several decades, because there is so much more wealth and opportunity in neighbouring Australia (and we can live there without special visa's). Only recently did this trend begin to reverse, NZ has become more competitive in many areas, including becoming probably the worlds most business friendly nation (Heritage foundation rates us 3rd I believe). We still lag behind in quality of life and average income, but the progress New Zealand has made is positive. Greece could look to NZ as a model to follow. There is much more, but I prefer to leave this loosely written to spur further ideas. I'm so happy with how DCEBrief.com is shaping up. TeeGee, that is an excellent post. I am very proud of DNotes’ community constant efforts in trying to identify problems and propose possible solutions, even if we are not in the position to do anything about it. We have certainly demonstrated our genuine intent to be problem solvers and established a track record of achievement through multiple projects including CryptoMoms, DNotesVault and our family of CRISPs among others. DCEBrief will be added to the list soon. There will always be problems and challenges in the world we live in. They range from relationship between two parties to regional and global challenges. How we identify and characterize them often lead to resolution or to the compounding effect of the existing problems further. Politicians are notorious in compounding the existing problems by “kicking the can down the road” and let someone else pay the price. If that is the practice in the business world, it will bankrupt the company every time. Despite that, politicians around the world continued to propose compromising and very expensive solutions they know would not work but could buy them more time. The sad truth is that this is the third bail-out for Greece and it will not be the last. The last major financial crises of 2008 had such a crippling effect on Greece economy that the country has never recovered, but instead saddled with hugely taxing austerity programs leading to a rapidly declining GDP from 242 billion euros in 2008 to 179 euros in 2014. This led to the first bailout in 2009 involving mostly private capital badly packaged; resulting in a second bailout in 2012. Most of the private lenders took a 50% haircut enabling most of Greece’s debt to be transferred to public sources consisting of the IMF, European Central Bank (ECB), and other European Governments. This could be the best thing that happened; averting widespread economic contraction that could rival the financial crises of 2008. In my opinion we are still seriously at risk due to mounting lose of asset value in China despite aggressive intervention from the Chinese government. Should one or more of the weaker European Union members including Italy, Portugal, Ireland, and Spain need a Greek style bailout things can take a turn for the worse with very damaging consequences to the euros and the European Union. DNotes is on track to be the trusted global digital currency for everyone, but it will take years to reach the tipping point while the world desperately need an alternative asset class to protect some of the hard earned life savings. I have gone through the pain and suffering of a complete lost of everything I owned before. Perhaps, because of that painful agony I have endured for years I am now passionately committed to help build DNotes as the trusted global digital currency for the mutual benefits of everyone. We shall be relentless in our efforts and commitments. We welcome everyone to join us in our efforts. Thank you. |
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