This is unlikely that Germany wont make a deep intervene in the Bankruptcy of the greek central bank. The euro currency was launched on Jan 99 (only 10 years before bitcoin) so it is a new currency that still need to be accepted on cultural (and financial) manners. so the need to pull up greek from depths - is not a question of a favor or good will - and it is not depending on the will of the German people but it is connected deeply with the existence of the euro, so I guess that the German leaders - thru the european central bank - will take soon a deep step, before their people try to prevent any deep and significant assistance to greek Here is an interesting letter I found in my mail box this morning I thought worth sharing.
Well .. One more purpose of DNotes is to provide equal currency protection to everyone around the world. Think about. That is very significant. DNotes is still at its infancy. At this point, we are all guardians of DNotes. We just need to ensure that this "infant" grows up with a great sense of purpose and committed to become a global solution. That is a worthy mission I am willing to work hard to help accomplish.
Perhaps and perhaps not. Germany seems to be ok with a Greek exit from the Euro: http://www.spiegel.de/international/europe/merkel-and-germany-open-to-possible-greek-euro-zone-exit-a-1011277.htmlhttp://www.biznews.com/global-investing/2015/01/12/can-germany-save-greece-euro/This is going to interesting to watch... I certainly hope that matatyau-cohen is correct. It is looking quite troubling. Yes very troubling, happy fathers day anyway Welcome to DNotes, Greede. Thanks for joining us. Feel free to let us know if you have any questions or anything we can be helpful. Happy Fathers Day! |
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This is unlikely that Germany wont make a deep intervene in the Bankruptcy of the greek central bank. The euro currency was launched on Jan 99 (only 10 years before bitcoin) so it is a new currency that still need to be accepted on cultural (and financial) manners. so the need to pull up greek from depths - is not a question of a favor or good will - and it is not depending on the will of the German people but it is connected deeply with the existence of the euro, so I guess that the German leaders - thru the european central bank - will take soon a deep step, before their people try to prevent any deep and significant assistance to greek Here is an interesting letter I found in my mail box this morning I thought worth sharing.
Well .. One more purpose of DNotes is to provide equal currency protection to everyone around the world. Think about. That is very significant. DNotes is still at its infancy. At this point, we are all guardians of DNotes. We just need to ensure that this "infant" grows up with a great sense of purpose and committed to become a global solution. That is a worthy mission I am willing to work hard to help accomplish.
Perhaps and perhaps not. Germany seems to be ok with a Greek exit from the Euro: http://www.spiegel.de/international/europe/merkel-and-germany-open-to-possible-greek-euro-zone-exit-a-1011277.htmlhttp://www.biznews.com/global-investing/2015/01/12/can-germany-save-greece-euro/This is going to interesting to watch... I certainly hope that matatyau-cohen is correct. It is looking quite troubling. |
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Happy Fathers day all!
Oops! I forgot. Happy Fathers Day to Dads around the world!! |
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Here is an interesting letter I found in my mail box this morning I thought worth sharing. Well .. One more purpose of DNotes is to provide equal currency protection to everyone around the world. Think about. That is very significant. DNotes is still at its infancy. At this point, we are all guardians of DNotes. We just need to ensure that this "infant" grows up with a great sense of purpose and committed to become a global solution. That is a worthy mission I am willing to work hard to help accomplish. ********************************** International Quantum Exchange for Innovation 21 June 2015 Dear Alan Massive Bank Runs May Force Grexit: Another Lehman? Having spoken to a number of top bankers and financiers across Europe in the last 24 hours, the situation is extremely grave in regard to Greece and the Eurozone. One hundred and one years after the start of the First World War, as Europe may get sucked into the financial equivalent of that war, the following salient points are worth noting: 1. The fragile Greek banking system has been irreparably damaged by the recent bank runs in Greece which have been colossal and measured in billions of euros per week in an accelerating spiral for the last few weeks. 2. All banking hinges on account holders' confidence. No matter how solid a bank is, it will be unable to sustain most large depositors removing their deposits simultaneously. This is what is happening to all Greek banks which is a near impossible situation to control. 3. Events are now marching way ahead of the politicians' abilities and negotiations. Those who think they are the masters and commanders of Greece's destiny in Athens, Brussels, Frankfurt, Washington DC and Moscow are soon going to play second fiddle to the haemorrhaging Greek banking system in regard to which confidence has been mostly lost. 4. The amount of money in the vicinity of a few billion euros that the European Central Bank (ECB) has already pumped in and is willing to extend further to the Greek central bank to sustain the run on Greek banks is now insufficient in comparison to the money required to maintain unrestricted and unencumbered confidence in the failing Greek financial system. 5. With the net result that come next week, any combination of three draconian measures are likely to be announced by the Greek central bank and the Greek government: Bank holiday(s) to stop the bank runs; Capital controls to ensure that Greek citizens and entities don't remit further funds abroad above an acceptable narrow limit; Recapitalisation of Greek banks by doing a Cyprus style bail-in, i.e. by raiding the deposits of account holders to shore up the capital adequacy of Greek banks. 6. Once a, b and/or c of point 5. are executed, the Greek exit is neither here nor there. It is a fait accompli because Greece will be paralysed and a quasi-Grexit will have happened automatically thanks to the Greek citizens having voted by switching their money from Greek banks to overseas banks. 7. The contagion may then spread into the European bond markets and also into the confidence associated with the single European currency and both may plunge significantly as ECB's Target2 ends up with a hole in its chest. Target2 is the real-time gross settlement (RTGS) system owned and operated by the Eurosystem. Payment transactions are settled one by one on a continuous basis in central bank money with immediate finality. There is no upper or lower limit on the value of payments. The Greek crisis will render Target2 into no man's land and therefore in uncharted waters. 8. At that point, we may be a short hop and skip away from a full blown Greek exit and that is simply because the Greek banking system will have de facto collapsed post a European Lehman-style event over which the politicians will have little or no control left. 9. As our organisation ATCA 5000 predicted many years ago, alongside other eminent think-tanks, the Greek situation within the euro could become unsustainable at some point and also the single currency itself would come under heavy pressure to splinter after departures from within its club. 10. To make matters even more complicated, there appears to be no mechanism to leave the Eurozone without exiting from the European Union. 11. The bigger issue going forward is the broad-brush destabilisation the Greek departure from Europe's single currency may inflict on the stability of the European Union, the Eurozone and the global banking and financial system. It remains to be seen how big the contagion and chaos might be, although it is certain that there will be some mission critical fallout from this unfolding Greek crisis. [ENDS] Yours sincerely DK Matai Source: www.ATCA5000.com Interesting. Lots of "gloom and doom" in there but, lots of truth also. If the domino falls in the right direction, all the dominos fall after it. When considering the Euro financial system in terms of human behaviour, it would seem that something like this is inevitable. People have an identity and, identify and belong to groups who's attributes define that particular group in a manor that pleases them. One of these is national identity. We say we are Americans, or Brits, or Canadians or Greeks etc, because we have constructed a group, a country, of like minded individuals with like minded goals and values. This allows us to further our cause move, as a group, to improve the human condition within our "country". And, lets face it, enrich ourselves. There are many things that hold our "group" together. One of the biggest "glues" in this construct is money. Without it, everything falls apart. So, we identify very strongly with our money, on a personal and national level. And this is why the Euro Zone is doomed to fail eventually. For example, the Greek people have never embraced the Euro. Even when the Drachma was almost worthless, the Drachma was THEIR currency not the Euro. Prior to the Euro, the Netherlands had the Guilder (Gulden) and a large percentage of the country wants it back. And so it goes with many old world Euro countries, not all, but enough to keep this crisis on the front page. So where does digital currency fit in? Simple, no banks, no barricades and the chance to identify with a currency they can call their own again as in the case of Guldencoin, a national crypto in the Netherlands. I realize not all countries have national cryptos and, many have failed but, that can change. Individual political groups will create what they think will be successful but, this is a double edge sword. As we all know, it won't be one new currency but many, many entries which will dilute the field and most likely cause none of the new coins to prosper. So where does that leave DNotes in all this coming mess? Well, NOTE is positioned very well to be a "base", a store of value people can use to get out of the traditional banking systems and preserve their wealth during the coming financial storm. A lifeboat if you will, where no one can "appropriate" their funds to prop up the government. While I realize other cryptos can do this as well, there are several reasons why DNotes fits the bill: 1. Stability. The lack of which they are running from in the first place. 2. Cost of entry is low. There is a perception among us humans that owning 10000 of something worth 1 dollar is better than owning 1 of something worth 10000 dollars. This applies to currency especially. If one Bitcoin doubles in value , you have $500 worth of Bitcoins at todays prices but, you still have only 2 Bitcoins worth. If 10000 DNotes doubles in value, you have $300 at todays prices but you have 20000 DNotes worth and the potential for that to far out shadow those 2 Bitcoins is almost a certainty if crypto as a group continues to thrive. Our subconscious mind is always in control. 3. Self stewardship. DNotes is it's people, it's holders, developers, investors and speculators. It is the digital currency of the people where every voice has weight and everyone has a say. Just my thoughts on the matter... Excellent points, RJF. DNotes is very well positioned. There will be many other digital currencies. Some will be quite successful. It may take generations to reach that point, but DNotes is positioned to be the global digital currency for everyone. |
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This is very significant. NASDAQ EinNews has over 6 million readers. NASDAQ EinNewsReleaseWire: 06-19-2015 http://nasdaq.einnews.com/article/271743686/GoHfZ2NNLJtGbRIPNASDAQ News TodayDigital Currency DNotes to Present at NASDAQ in New York – Builds on Bitcoin's ShortfallsBitcoin alternative DNotes’ co-founder Alan Yong will be joining the “Innovation Spotlight: Digital Currencies” panel at Silicon Dragon, to be held at the NASDAQ on June 22nd, 2015. DNotes is a second generation digital currency focused on long-term adoption, scalability, and solving real-world issues.Scottsdale, AZ -- (ReleaseWire) -- 06/19/2015 -- DNotes co-founder Alan Yong is pleased to be joining the Innovation Spotlight: Digital Currencies panel at this year's Silicon Dragon event, to be held in New York at the NASDAQ on June 22nd. Alan Yong is an experienced tech entrepreneur having founded personal computer company Dauphin Technology in 1989. Francesco Rulli, President of bitLanders and bitCharities, will also be part of the panel, along with Sarah Martin, VP at Digital Currency Council. The panel will be moderated by Porter Bibb, Managing Partner at MediaTech Capital Partners. Stable Bitcoin alternative DNotes is focused on long-term adoption and solving real-world issues for the unbanked and people worldwide from all walks of life. DNotes' ecosystem includes the world's first Cryptocurrency Investment Savings Plans (CRISPs) for retirees, employees, students, and children worldwide. CRISPs include a 100% deposit guarantee and bonus interest for retirement CRISPs participants. DNotes also funds cryptocurrency neutral site CryptoMoms in order to aid women's participation in cryptocurrencies. Bitcoin has correctly been credited as the most disruptive technology in the monetary system since the debit card. However, Bitcoin has been hit with countless negative headlines and has arguably settled with a very limited purpose as a speculative trading vehicle. Some believe Bitcoin is failing to meet the full function of money and gain mass acceptance as it is too costly to acquire, and too volatile as a store of value and medium of exchange. But Bitcoin's ground-breaking technology laid the foundation for improved and more advanced cryptocurrencies that have a real chance to make it into the mainstream and revolutionize the monetary system just as the debit card once did. The main innovation stemming from Bitcoin is trustless transactions, meaning transactions are fully decentralized and do not rely on a central bank or government. Bitcoin also introduced the primary innovation of blockchain technology; a public ledger where all Bitcoin transactions are recorded indefinitely together with all Bitcoin 'blocks' that have been mined to secure the network. DNotes is the second generation Bitcoin alternative digital currency taking full advantage of the pioneer Bitcoin's innovation while avoiding the pitfalls. It was clear early that DNotes strives to maintain reliable long-term appreciation building stability, trust, and currency value in line with fundamental value. DNotes is a currency with a purpose with global initiatives to help solve global problems. There are currently 2.5 billion people worldwide that do not have a bank account, insurance, or are under-served by banks and financial service companies. DNotes is beneficial for the unbanked as it does not require a stable government, includes inexpensive transactions, minimal exchange fees, and near zero remittance costs for sending money to any country. No ID is required for people who do not have one or do not trust their governments. DNotes has the potential to change the wealth of nations and their citizens by enabling anyone, anywhere to tap into the emerging wealth creation opportunities provided by digital currency. Bitcoin will most likely go down in history as one of the greatest technology revolutions in history. Bitcoin as a currency is an integral part of the technology pack, powered by the Blockchain as the most innovative protocol of decentralized distributed consensus ledger ever conceived. DNotes, designed from the ground up with a purpose as the stable trustworthy digital currency for everyone, is destined to possibly become the global Digital Currency of the future with lasting value. With an ecosystem that currently consists of DNotesVault, Cryptocurrency Investment Saving Plans and CryptoMoms, DNotes is the currency with the highest potential for mass global acceptance. The DNotes ecosystem consists of highly scalable buildings block to expand rapidly on a global scale at the most opportune time. About Alan YongDNotes Co-Founder Alan Yong is a well -regarded visionary since the early days of personal computers. He founded Dauphin Technology in 1989, which had contracts with the US Department of Defense, and is best known for creating the Dauphin DTR, the most powerful window-based miniature computer that competed head-on with Apple's Newton computer that became the Apple Iphone as we know it today. In 2007, Yong co-founded Smokeys Daylily Gardens, one of the largest daylily growers in the world. Smokeys Daylily Gardens is the first merchant to accept DNotes as payment for its products. About DNotesVault and CRISPDNotes is a currency for everyone – unborn to most senior, rich or poor. Over the last year DNotes successfully launched the world's first Cryptocurrency Investment Savings Plans (CRISPs) for employees, children, students, and retirement. CRISPs provide a 100% guarantee matching fund verifiable on the transparent blockchain and embedded in DNotesVault.com infrastructure. For the first time, DNotes' CRISPs and DNotesVault allow anyone worldwide to take advantage of the unprecedented opportunities provided by digital currency. About CryptoMomsIn 2014 DNotes founded Cryptomoms.com, an online community to encourage and assist women to participate in the emerging world of cryptocurrencies overwhelmingly dominated by men. Surveys from 2014 show that 95% of cryptocurrency participants are male even though women account for 50% of the buying power. CryptoMoms is a platform fully equipped with a forum, chat, information pages and a full guide on how to store, buy, and sell digital money. It is clear that in order for digital currencies to become truly mainstream the gender imbalance must be corrected. About Silicon DragonSilicon Dragon is a news, events, and research group covering innovation and investment hubs in the Silicon Valleys of the world, and provides insights to strategize and profit in the world's top tech innovation centers. The next Silicon Dragon event will be held on the 22nd of June at the NASDAQ in New York where Alan Yong will be attending as a panelist on the Innovation Spotlight: Digital Currencies Panel. For more information please visit: http://dnotescoin.comTo trade DNotes with Bitcoin please go to: http://poloniex.com/exchange#btc_noteTo learn more about DNotesVault and CRISPs please go to: http://dnotesvault.comFollow DNotes on twitter: http://twitter.com/dnotescoinMedia contact: Name: Alan Yong Email: Contact@DNotescoin.com |
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Here is an interesting letter I found in my mail box this morning I thought worth sharing. Well .. One more purpose of DNotes is to provide equal currency protection to everyone around the world. Think about. That is very significant. DNotes is still at its infancy. At this point, we are all guardians of DNotes. We just need to ensure that this "infant" grows up with a great sense of purpose and committed to become a global solution. That is a worthy mission I am willing to work hard to help accomplish. ********************************** International Quantum Exchange for Innovation 21 June 2015 Dear Alan Massive Bank Runs May Force Grexit: Another Lehman? Having spoken to a number of top bankers and financiers across Europe in the last 24 hours, the situation is extremely grave in regard to Greece and the Eurozone. One hundred and one years after the start of the First World War, as Europe may get sucked into the financial equivalent of that war, the following salient points are worth noting: 1. The fragile Greek banking system has been irreparably damaged by the recent bank runs in Greece which have been colossal and measured in billions of euros per week in an accelerating spiral for the last few weeks. 2. All banking hinges on account holders' confidence. No matter how solid a bank is, it will be unable to sustain most large depositors removing their deposits simultaneously. This is what is happening to all Greek banks which is a near impossible situation to control. 3. Events are now marching way ahead of the politicians' abilities and negotiations. Those who think they are the masters and commanders of Greece's destiny in Athens, Brussels, Frankfurt, Washington DC and Moscow are soon going to play second fiddle to the haemorrhaging Greek banking system in regard to which confidence has been mostly lost. 4. The amount of money in the vicinity of a few billion euros that the European Central Bank (ECB) has already pumped in and is willing to extend further to the Greek central bank to sustain the run on Greek banks is now insufficient in comparison to the money required to maintain unrestricted and unencumbered confidence in the failing Greek financial system. 5. With the net result that come next week, any combination of three draconian measures are likely to be announced by the Greek central bank and the Greek government: Bank holiday(s) to stop the bank runs; Capital controls to ensure that Greek citizens and entities don't remit further funds abroad above an acceptable narrow limit; Recapitalisation of Greek banks by doing a Cyprus style bail-in, i.e. by raiding the deposits of account holders to shore up the capital adequacy of Greek banks. 6. Once a, b and/or c of point 5. are executed, the Greek exit is neither here nor there. It is a fait accompli because Greece will be paralysed and a quasi-Grexit will have happened automatically thanks to the Greek citizens having voted by switching their money from Greek banks to overseas banks. 7. The contagion may then spread into the European bond markets and also into the confidence associated with the single European currency and both may plunge significantly as ECB's Target2 ends up with a hole in its chest. Target2 is the real-time gross settlement (RTGS) system owned and operated by the Eurosystem. Payment transactions are settled one by one on a continuous basis in central bank money with immediate finality. There is no upper or lower limit on the value of payments. The Greek crisis will render Target2 into no man's land and therefore in uncharted waters. 8. At that point, we may be a short hop and skip away from a full blown Greek exit and that is simply because the Greek banking system will have de facto collapsed post a European Lehman-style event over which the politicians will have little or no control left. 9. As our organisation ATCA 5000 predicted many years ago, alongside other eminent think-tanks, the Greek situation within the euro could become unsustainable at some point and also the single currency itself would come under heavy pressure to splinter after departures from within its club. 10. To make matters even more complicated, there appears to be no mechanism to leave the Eurozone without exiting from the European Union. 11. The bigger issue going forward is the broad-brush destabilisation the Greek departure from Europe's single currency may inflict on the stability of the European Union, the Eurozone and the global banking and financial system. It remains to be seen how big the contagion and chaos might be, although it is certain that there will be some mission critical fallout from this unfolding Greek crisis. [ENDS] Yours sincerely DK Matai Source: www.ATCA5000.com |
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Wow. Amazing work. Contragulations for a job very well done!!!. |
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That is excellent. It would be nice if US Senate would do the same. http://cointelegraph.com/news/114603/canada-rules-in-favor-of-an-almost-hands-off-approach-to-bitcoin2015-06-19 09:13 AM Author Evander Smart Canadian Senate Rules in Favor of ‘An Almost Hands-Off Approach’ to Bitcoin The Canadian Senate has decided to protect Bitcoin from massive government regulation opting to approach the new technology with “a light regulatory touch – almost a hands-off approach.” After many months of thoughtful deliberations, the legislative body released the official Canadian Senate report titled “Digital Currency: You Can’t Flip This Coin! Report of the Standing Senate Committee on Banking, Trade and Commerce.” The Canadian Senate has spent the better part of the last year reviewing the role of digital currencies will have on the future of economics in the nation including counsel with established Bitcoin expert and advocate Andreas Antonopoulos. Learning how the currency and underlying technology currently works, what they may be able to provide in the future, the risks for crime, terrorism and fraud, plus the protection of citizens from “cybercrimes” were also weighed heavily in this decision. Their report's opening assessment of Bitcoin is as follows: “Block chain technology offers a secure alternative to consumers who do not wish to see their personal information fall prey to the Internet. It offers the ability to transact on the Internet without sharing their personal information with third parties whose databases make juicy targets for hackers. Instead, block chain technology gives consumers the power to provide their own hack-proof online security.” This victory for Bitcoin comes after issues in Russia with the banning of Bitcoin information websites and Australia levying onerous tax regulations upon cryptocurrency filling the headlines. Australia has also taken counsel with Andreas Antonopoulos to learn more and hear a proponent’s view of what Bitcoin can do for a domestic and global economy. Antonopoulos explained to the Canadian Senate last October: “Bitcoin does not force users to surrender their identity with every transaction and put their trust in a chain of supposedly vetted intermediaries who must be trusted to control access to, securely store, and protect transaction data […] because in Bitcoin trust is not vested in central actors, there is no need for centralized regulation and oversight.” Canada has seen a high amount of Bitcoin interest and business growth over the last two years, including the opening of a Bitcoin Embassy in Montreal. It also hosts almost 70 Bitcoin ATMs around the country, the highest number in the world for any country after the United States, which has 133. "The conclusions of the Senate Banking Report on digital currencies are extremely positive for all Canadians," said Anthony Di Iorio, President of Decentral Consulting Services and Ethereum Co-Founder, to CoinTelegraph. "Recommendations from the committee that the government explore the vast potential bitcoin and blockchain technology while cautioning against regulations that might hinder its growth and potential have the great opportunity to solidify Canada as a leader in the digital currency and cryptocurrency space." With Canada’s Senate taking a very pro-Bitcoin stance, this may foster business creation and adoption of the currency and blockchain technology in Canada going forward. The Canadian Senate report concluded with these words in regards to their official stance on digital currency (Bitcoin): “We believe that the best strategy for dealing with crypto-currencies is to monitor the situation as the technology evolves; that Canada Revenue Agency and Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) must prepare to navigate and use block chain technology; that this technology offers new ways to protect the personal information of Canadians; and, finally, that this technology requires a light regulatory touch – almost a hands off approach. In other words, not necessarily regulation, but regulation as necessary.” |
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This is a good day for CryptoMoms. It's about time. A Woman To Appear on US$10 Bill By 2020, Women in Bitcoin To Receive More Recognition?Written by: Jp Buntinx 2015/06/19 11:54 AM http://bitcoinist.net/a-woman-to-appear-on-us10-bill-by-2020/One thing that can be said about the financial world is that it is mostly dominated by males in every aspect. Even though there are plenty of powerful and smart women in the financial sector, they often get overlooked by their male counterparts. But that situation is about the change, as, for the first time in over a century, there will be a female on the US$10 dollar bill in 2020. Women Deserve More Respect and Praise In The Financial WorldThe year 2020 is not picked at random, as this date will mark the 100-year anniversary of the passing of the 19th United States Amendment. You may know the 19th Amendment for its most important aspect of giving women the right to vote. It seems only logical to mark such a historic celebration by, once again, featuring a female face on the US$10 bill. Even though there have been no female faces on the US currency bills since the country’s inception of paper money in 1928, there have been some notorious faces on US currency in the past. Back in 1886, Martha Washington’s face was depicted on every US$1 silver certificate. Furthermore, both Shoshone guide Sacagawea and Susan B. Anthony have been represented on gold and silver dollar coins. This decision should not come as a surprise to US citizens, as Senator Jeanne Shaheen recently introduced legislation to put a woman on the US$20 bill. And the reasoning behind the higher denomination note – US$20 bill vs. US$10 bill – stems forth from current honoree Andrew Jackson’s opposition to paper money. Sometimes, these legislations receive support from an unexpected corner. President Barack Obama voiced his support for putting a woman on paper currency. His precise words that it is “a pretty good idea”. Needless to say, such a nod of approval from the world’s mightiest person is invaluable. Bitcoin To Show Women Some Support Next? Just like the financial world is being dominated by males, so is the world of Bitcoin and digital currency, unfortunately. Not because there is a lack of brilliant woman in Bitcoin – although more are always welcome – they hardly ever seem to make it to a “position of power”. However, that situation might change any day now, and most of the Bitcoin community would see it as a welcome change to boot. |
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From CryptoMoms Forum: Quote from: Ashley on Today at 01:23:39 AM This is pretty good, it's what the writer thinks might trigger mainstream adoption. "Cryptocurrency: This Is How Digital Money Will Challenge the Global Economic Order" https://www.linkedin.com/pulse/cryptocurrency-how-digital-money-challenge-global-economic-casey?trk=hp-feed-article-title*********************************** Quote From Shepherd: “ Imagine how much wider the use of cryptocurrency would be if a major retailer such as Walmart switched to a blockchain- based payment network in order to cut tens of billions of dollars in transaction costs off the $350 billion it sends annually to tens of thousands of suppliers worldwide. ………….
If Mexico became the first crypto-focused government, it could turn itself into a crypto-tech hub, encouraging governments of the many other developing nations that it trades with to follow.” These are exciting possibilities but, in my humble opinion, highly unlikely to happen. A rapid large scale adoption is very risky and massively destructive. Could Walmart quietly acquire $1 billion worth of Bitcoin just to fill the cash requirement pipeline without causing rampant volatilities? Not likely. It could be a logistic nightmare. However, over the longer term of 5 to 10 years, mass acceptance of digital currency is inevitable, provided that there is a stable trustworthy digital currency. That digital currency may not be Bitcoin. DNotes firmly believes that it is possible to systematically create a digital currency from the ground up that is superior to fiat currency in meeting the full functions of money as a unit of account, a medium of exchange and a store of value. To be superior as the global digital currency, it must be a stable trustworthy digital currency available for everyone irrespective of financial standings. It must start with a solid foundation with a gradual acceptance at the grass-root level. Read More: ‘DNotes Will Be Known as the Currency with a Purpose’ http://cointelegraph.com/news/114557/dnotes-will-be-known-as-the-currency-with-a-purpose |
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Sorry to hear you got caught up in the GAW mining fiasco. That is a good example of why we need consumer protection and regulation.
I didn't suffer too badly from it. It was a valuable learning experience. The most important lesson I learned was that even if everything does turn out to be legit, having drama in a company is actually very expensive for the investor--expensive enough that you really do want to avoid investing where there is drama. After a few times of poring through GAW's forum trying to sort out what was what in all the drama... well, let's just say that rediscovering CryptoMoms and DNotes (which up to that point had been kind of in the background for me) was a real breath of fresh air. EDIT: For those who might be interested, I did write about my experience and what I learned in my blog. It's a bit OT, but since I mention DNotes as being a good solid no drama investment, I guess it's not entirely OT. " having drama in a company is actually very expensive for the investor--expensive enough that you really do want to avoid investing where there is drama." Wiser, June 16, 2015 That is precisely why DNotes' First Rule of Engagement is "DO NOT ENGAGE." We owe it to our stakeholders not to create drama to feed our own ego and be stuck in the mud. What this community has accomplished in a little over a year is quite remarkable. If we have a trade secret for DNotes' success that may be it. No drama. |
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Great way to celebrate page 300 of this thread! It's been a long run guys!  Agreed and thanks for your support. We all have been working hard to build a solid foundation to support potentially massive growth in the near future. Building a trusted brand is the hardest thing in financial services and that has always been our number commitment. Being a trusted brand is invaluable and an integral part of our foundation building. In my opinion, that "brand value" has yet to be reflected in the price of DNotes. The Cointelegraph interview is awesome. It is the most comprehensive reflection of how we see our industry and how DNotes is positioned to be the global digital currency of the future. That interview was done about two months ago and we have no control of the release date. As it turned out, with my presentation at NASDAQ next week, the timing is perfect. This is indeed a "great way to celebrate page 300 of this thread". Thank you all for a job well done!!! |
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Thanks mafort1469, that could be a useful tool for DNotes in the future. We have envisioned that possibility and much more as stated in a number of my earlier posts. Central to its success is a stable trustworthy digital currency. Short of that mass acceptance will remain to be more than a challenge. We may not agree or like everything bankers do, but we will remain respectful of others, including bankers. For DNotes to work well we can expect partner banks in many parts of the world one day. |
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Breaking News:1 Minutes Ago 6-15-2015 NEWS Channel 8http://www.wfla.com/story/29319482/digital-currency-dnotes-to-present-at-nasdaq-in-new-york-builds-on-bitcoins-shortfallsDigital Currency DNotes to Present at NASDAQ in New York - Builds on Bitcoin's Shortfalls Information contained on this page is provided by an independent third-party content provider. WorldNow and this Station make no warranties or representations in connection therewith. If you have any questions or comments about this page please contact pressreleases@worldnow.com. SOURCE DNotes Bitcoin alternative DNotes' co-founder Alan Yong will be joining the "Innovation Spotlight: Digital Currencies" panel at Silicon Dragon, to be held at the NASDAQ on June 22nd, 2015. DNotes is a second generation digital currency focused on long-term adoption, scalability, and solving real-world issues.
CHICAGO, June 15, 2015 /PRNewswire/ -- DNotes co-founder Alan Yong is pleased to be joining the Innovation Spotlight: Digital Currencies panel at this year's Silicon Dragon event, to be held in New York at the NASDAQ on June 22nd. Alan Yong is an experienced tech entrepreneur having founded personal computer company Dauphin Technology in 1989. Francesco Rulli, President of bitLanders and bitCharities, will also be part of the panel, along with Sarah Martin, VP at Digital Currency Council. The panel will be moderated by Porter Bibb, Managing Partner at MediaTech Capital Partners. Photo - http://photos.prnewswire.com/prnh/20150615/222917Stable Bitcoin alternative DNotes is focused on long-term adoption and solving real-world issues for the unbanked and people worldwide from all walks of life. DNotes' ecosystem includes the world's first Cryptocurrency Investment Savings Plans (CRISPs) for retirees, employees, students, and children worldwide. CRISPs include a 100% deposit guarantee and bonus interest for retirement CRISPs participants. DNotes also funds cryptocurrency neutral site CryptoMoms in order to aid women's participation in cryptocurrencies. Bitcoin has correctly been credited as the most disruptive technology in the monetary system since the debit card. However, Bitcoin has been hit with countless negative headlines and has arguably settled with a very limited purpose as a speculative trading vehicle. Some believe Bitcoin is failing to meet the full function of money and gain mass acceptance as it is too costly to acquire, and too volatile as a store of value and medium of exchange. But Bitcoin's ground-breaking technology laid the foundation for improved and more advanced cryptocurrencies that have a real chance to make it into the mainstream and revolutionize the monetary system just as the debit card once did. The main innovation stemming from Bitcoin is trustless transactions, meaning transactions are fully decentralized and do not rely on a central bank or government. Bitcoin also introduced the primary innovation of blockchain technology; a public ledger where all Bitcoin transactions are recorded indefinitely together with all Bitcoin 'blocks' that have been mined to secure the network. DNotes is the second generation Bitcoin alternative digital currency taking full advantage of the pioneer Bitcoin's innovation while avoiding the pitfalls. It was clear early that DNotes strives to maintain reliable long-term appreciation building stability, trust, and currency value in line with fundamental value. DNotes is a currency with a purpose with global initiatives to help solve global problems. There are currently 2.5 billion people worldwide that do not have a bank account, insurance, or are under-served by banks and financial service companies. DNotes is beneficial for the unbanked as it does not require a stable government, includes inexpensive transactions, minimal exchange fees, and near zero remittance costs for sending money to any country. No ID is required for people who do not have one or do not trust their governments. DNotes has the potential to change the wealth of nations and their citizens by enabling anyone, anywhere to tap into the emerging wealth creation opportunities provided by digital currency. Bitcoin will most likely go down in history as one of the greatest technology revolutions in history. Bitcoin as a currency is an integral part of the technology pack, powered by the Blockchain as the most innovative protocol of decentralized distributed consensus ledger ever conceived. DNotes, designed from the ground up with a purpose as the stable trustworthy digital currency for everyone, is destined to possibly become the global Digital Currency of the future with lasting value. With an ecosystem that currently consists of DNotesVault, Cryptocurrency Investment Saving Plans and CryptoMoms, DNotes is the currency with the highest potential for mass global acceptance. The DNotes ecosystem consists of highly scalable buildings block to expand rapidly on a global scale at the most opportune time. About Alan Yong:DNotes Co-Founder Alan Yong is a well -regarded visionary since the early days of personal computers. He founded Dauphin Technology in 1989, which had contracts with the US Department of Defense, and is best known for creating the Dauphin DTR, the most powerful window-based miniature computer that competed head-on with Apple's Newton computer that became the Apple iPhone as we know it today. In 2007, Yong co-founded Smokeys Daylily Gardens, one of the largest daylily growers in the world. Smokeys Daylily Gardens is the first merchant to accept DNotes as payment for its products. About DNotesVault and CRISP:DNotes is a currency for everyone – unborn to most senior, rich or poor. Over the last year DNotes successfully launched the world's first Cryptocurrency Investment Savings Plans (CRISPs) for employees, children, students, and retirement ( http://dnotesvault.com). CRISPs provide a 100% guarantee matching fund verifiable on the transparent blockchain and embedded in DNotesVault.com infrastructure. For the first time, DNotes' CRISPs and DNotesVault allow anyone worldwide to take advantage of the unprecedented opportunities provided by digital currency. About CryptoMoms:In 2014 DNotes founded http://cryptomoms.com, an online community to encourage and assist women to participate in the emerging world of cryptocurrencies overwhelmingly dominated by men. Surveys from 2014 show that 95% of cryptocurrency participants are male even though women account for 50% of the buying power. CryptoMoms is a platform fully equipped with a forum, chat, information pages and a full guide on how to store, buy, and sell digital money. It is clear that in order for digital currencies to become truly mainstream the gender imbalance must be corrected. About Silicon Dragon:Silicon Dragon is a news, events, and research group covering innovation and investment hubs in the Silicon Valleys of the world, and provides insights to strategize and profit in the world's top tech innovation centers. The next Silicon Dragon event will be held on the 22nd of June at the NASDAQ in New York where Alan Yong will be attending as a panelist on the Innovation Spotlight: Digital Currencies Panel. For more information please visit: http://dnotescoin.comTo trade DNotes with Bitcoin please go to: http://poloniex.com/exchange#btc_noteTo learn more about DNotesVault and CRISPs please go to: http://dnotesvault.comFollow DNotes on twitter: http://twitter.com/dnotescoinMedia contact: Name: Alan Yong Email: Contact@DNotescoin.comDNotes is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to FDIC and other consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest. To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/digital-currency-dnotes-to-present-at-nasdaq-in-new-york---builds-on-bitcoins-shortfalls-300098845.html ©2015 PR Newswire. All Rights Reserved.
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From CryptoMoms' Forum:
Quote from: indiamikezulu on Today at 01:17:58 AM
Angel in The House Escapes. Banksters Lobby Congress
Daily Bugle
Part One
You may have noticed that I have several times mentioned not treading on toes. Different crypto communities have very different – ahem . . . mutually exclusive – views on appropriate development paths.*
Does anyone here know the phrase ‘angel in the house’? It came from a time when the child-rearing environment – ‘home’ – had a truly minimal ‘financial interface’ with the outside world.
Presently, though, you practically need a whip and a chair to keep the world from both your physical and Internet front doors.
Now here’s the bit where I have to not tread on toes:
I am not a ‘hybridist,’ a krypto geek happy to see cryptos integrated into the existing banking system.
Rather, let the banksters be cut from the equation. Let us construct at the kitchen tables of the planet a crypto banking-system of our own (and I note that Dnotes would be a fine instrument in either model).
Such a crypto network could handle our ‘formal financial’ activities, our barter, our charity donations, our ownership-deed storage. National electoral systems can be on blockchains. (Mexico is considering it already.) Blockchains can be used to collect taxes. (Mexico ditto.)**
*Really really different paths. PM me if you care to.
**I have no respect for a bunch of these things, but that’s a discourse for a different day.
Mark (IndiaMikeZulu), Australia
"Rather, let the banksters be cut from the equation. Let us construct at the kitchen tables of the planet a crypto banking-system of our own (and I note that Dnotes would be a fine instrument in either model)."
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Quote from Shepherd
Today 6-14-2015:
I hear you Mark. It reminds me of DNotes at its beginning. "In addition to business, I also have a background in behavioral science and it did not take me long to conclude that the industry has already developed a culture of its own. It is a culture of self-destruction, high stress, and blatant disrespect for other’s properties and human emotion. I had never seen any business that had a chance of survival in that kind of hostile environment. No wonder the male population has dominated it by a ratio of 95 to 5, male to female." (Cointelegraph interview of Alan Yong, today 6-14-2015)
There may be something to be learned here. We can respectfully create a new financial service model where the more progressive bankers can join us. Any individual, bank, state or nation can create a token, coin or digital currency and use it as a "transfer vehicle" to transfer and store digital asset or property. Many will be doing just that. Despite that we strongly believe that DNotes can be the global digital currency for everyone.
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‘DNotes Will Be Known as the Currency with a Purpose’
"...how could I hand over my life savings, if no one could be held responsible or would stand by it to give me the confidence that it is in good hands? To me, it is hard-earned money no matter what you call it; commodity, property, or virtual currency of no intrinsic value. These I believe are the serious problems confronting our industry, keeping it from gaining traction towards mainstream acceptance."
The comment above is so true and yet how many cryptocurrencies even recognize it as a problem?
What a fantastic interview, Alan. Congratulations.
Thanks, Chase. That was a good interview. I just expressed myself exactly how I felt about it. |
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There will be many remaining fiat currencies and dozens of digital currencies a generation from now. But imagine how much better our world would be if among them there is one stable, trustworthy global digital currency that treats everyone equally. Equal value for all without the need of intermediary or the oversight of any central authority or verification of personal data. That is what I mean in suggesting that digital currency will have staggering world changing implications. That is what DNotes is striving for; one stable trustworthy digital currency for all. The whole world is ready and desperately in need of such a currency. Sadly our political leaders are not.
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Some of this may sound familiar to many of you. Major Challenges Facing Bitcoin AdoptionBitcoin has already been existence for more than half a decade yet it has a long way to go before achieving mainstream acceptance. In fact, the challenges facing bitcoin back then are still pretty much the same ones it is struggling to surpass now. The Trouble with Bitcoin When it was first introduced, the main obstacle was the technical jargon and computer background needed to understand the concept itself. Bitcoin involves computers solving complex algorithms in order to verify transactions, something that was difficult to grasp by the common man. From then, the features of bitcoin made it popular among members of the Dark Web or underground market. Bitcoin became prevalent in use with money laundering and criminal activities such as drug deals or assassination attempts, lending a negative light on its reputation. This has also earned the ire of government officials and financial regulators who are having a hard time monitoring the activity in this industry. Many have made an effort to understand how the bitcoin ecosystem works while others dismissed the cryptocurrency as illegal. The volatility in prices has also made it difficult for most people to accept bitcoin as a regular means of payment. You need it to be accessible, you need it to be usable and you need it to be relatively stable,” says Jonathan Chester, founder and CEO of Bitwage. “We need to work on how do we bring people in and how do we capture the mainstream audience,” said Connie Gallippi of Bitcoin Foundation. She believes that the concept has to be made less complicated in order to capture the interest and trust of the general public.As of now, three out of four Americans haven’t even heard of the six-year-old digital cash, a study conducted by the research firm GfK and The Street recently revealed. Source: http://www.newsbtc.com/2015/06/12/major-challenges-facing-bitcoin-adoption/Most of us wish Bitcoin is doing better. Without good leadership and strong commitment of the community mass acceptance of Bitcoin will remain challenging. |
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Hello Friends, I'm new here. next 2 weeks will dedicate my presence here just to study. I'm Israeli journalist and poet. know: there is a lot to study about this amazing field of digital currencies
Hello mati. Welcome to DNotes forum. We are delighted that you can join our community. There is indeed a lot to study and learn. I am amaze how a small community, with common goals, can accomplish so much in just over a year. It is even more amazing to understand that we are just a group of common people of limited means, with a strong conviction that by working productively together for mutual benefits; beyond just ourselves, we can deliver uncommon results. The world has been changing at an ever increasing rate. The most fortunate top 2% of the population is almost at the point of owing 50% of the global wealth. The remaining 50% is shared by the remaining 98% of the population. Billions of people have struggled in poverty, with 2.5 billion worldwide collectively known as the unbanked or underserved by banks and financial services. We are strong believers that, a trusted stable digital currency, like DNotes, when positioned with the right purpose and worthy mission, can be a solution to solving global problems. To accomplish that we must build the currency from ground up with trust and integrity with strong long term commitment to create fundamental value and stability. The currency must be available for everyone worldwide. By having the most important segments of our own ecosystem like CryptoMoms, DNotesVault and our family of CRISPs we will soon have a solid foundation to expand globally. We hope you will go a long way in assisting us in the success of DNotes in your region. Feel free to ask questions and let us know if we can be helpful. Welcome onboard. |
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