As wiser analysed, DNotes has actually had lots of potential ideas/ services for its customers, supporters, investors. Lots of more promising things to come this year.
I wish that DNotes will experience exponential growths this year.
Anyway, thanks for your analysis, wiser.
No doubt, wiser did an excellent job in her analysis of the white paper. Our industry needs a lot more help in that area before many more investors are taken to the cleaner. DNotes will continue do what is in the best interest of our stakeholders over the long-term. With four years of consistently delivering on our promises DNotes has differentiated itself from the increasingly crowded market. We are positioned for rapid growth. This will be a very exciting year. |
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Wow! What an article. A lot of white papers are simply an extended description of a "great idea". The price of a cup of coffee - may be, But $47 million is a little too rich for my taste, even if they accept US investors. |
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What is the way to buy DNOTE now, when cryptopia closed the market?
Unfortunately, DNotes is not available for trading until May 12, 2018 when Cryptopia resumes trading DNotes. Are you sure they will open it as it says that NOTE has to be withdraw "NOTE/BTC market is closing, please cancel any open orders and withdraw your coins" Absolutely certain. That notice is specifically for the old DNotes 1.x Cryptopia is taking the position that all the DNotes 1.x must be withdrawn/cleared out of the exchange wallet before accepting DNotes 2.x deposit. No one knows for sure, but the days of undervalued DNotes may soon be over. |
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What is the way to buy DNOTE now, when cryptopia closed the market?
Unfortunately, DNotes is not available for trading until May 12, 2018 when Cryptopia resumes trading DNotes. |
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ICOs will continue to have serious issues with much confusion for some time. Meanwhile, there will always be people who are ready to exploit the situation. I did a quick read of the white paper. Another interesting idea, but few good ideas are worth more than the cost of a cup of coffee.
I probably have 3 or 4 good ideas every day. That should at least keep me stocked up on coffee, right?  3 to 4 good ideas? For you, wiser, I will pay for your coffee and take care of the tips as well. Others, I am not so sure. The point is - there is no shortage of good ideas. We can blow $100 million on a lot of good ideas we have and get now where. Some ICOs have already done just that. DNotes is a great idea. To do things right it has taken us four years to reach this point. The amount of strategic planning and execution is quite astonishing. I would debate any Business School professor using DNotes as a live case study. It has a mix of everything as they apply to business principles. We manage DNotes as a business but do not control it as one. |
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Without attempting to speak for everyone, we aren't exactly against ICO's, the proposition and value they can add to the world is quite amazing. With the right guidance in place, and if it can be done properly, we intend to incorporate ICO's into our model. With that said, many of the ICO's are just not doing things properly and with consumer protection in mind.
Technically speaking, an ICO simply means that your fundraising token happens to be on a block chain, and of course there is nothing wrong with that. I think the fact that many of them are not being issued rightly speaks to the problems they are causing. People/entities love ICOs because they are easier to do than going through the rigmarole of registering and issuing a security, and apparently easier than crowdfunding as well. But therein lies the problem. Some of the "rigmarole" is actually very important for consumer protection. And if not required, people issuing ICOs may not take the time to figure out and voluntarily do all those consumer protection things. I'm not talking about the outright scams which intentionally defraud people, but more, those sincere ones which simply do not know what they're doing, quite frankly. With that said, I'm not any more a fan of regulatory bureaucracy than anyone else. Ideally, the industry can self-regulate where it is considered right to check certain boxes when running your ICO, but we don't need the government necessarily to make sure that happens. I think the part in the DNotes Global plan where other companies can issue tokens on the DNotes block chain but only after being carefully vetted and selected by DNotes Global and then being mentored along in the process is one interesting way to make that happen. ICOs will continue to have serious issues with much confusion for some time. Meanwhile, there will always be people who are ready to exploit the situation. I did a quick read of the white paper. Another interesting idea, but few good ideas are worth more than the cost of a cup of coffee. |
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I don't think the Russian authorities have a very good grasp on what to look for in a legitimate ICO or how to identify the bad actors. Their advice really isn't any different than that given by self-serving promoters of shady projects. I agree that team member credibility is extremely important. It's too bad the definition of credibility has become so distorted in this industry. "A startup conducting a coin offering will be judged by several criteria, including the credibility of its team members, Izvestia reported. RACIB will verify if the company has a website with information about previous projects. The association will check for a white paper and a roadmap for the ICO. Startups will be expected to announce a minimum rate of return of the investments."Half of the ICO Money in Russia Went to Pyramids - https://news.bitcoin.com/half-of-the-ico-money-in-russia-went-to-pyramids/Chase, thanks for sharing. Unfortunately, the state of confusion surrounding ICOs is a serious global problem, not limited to the Russian. I am coming across those challenges everyday - including professionals who should know better. When the dust finally settled, many will understand why DNotes has been travelling down a uniquely different path than the rest of the industry. ICOs will remain to be very damaging to our industry. Unfortunately, as long there is a high demand it will continue. |
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Me too, Amadeus82. It is working out to be much better than I anticipated. We need all the help we can get to increase our social media presence. That will help our funding efforts and get DNotes listed on the exchange.
We are working on two rounds of funding. The first round utilizes Reg. D 506 (c) to raise up to $5 million from accredited investors. Depending on the actual amount raised, the funds will be used to support continued software development, Reg. A+ Mini-IPO, listing fees for DNotes on more exchanges, PR and marketing, and general administration and operations.
Our Chicago law firm has completed the first draft of the offering memorandum. A second firm in Denver is now working to convert it to a presentation grade PPM (Private Placement Memorandum). Meanwhile they are also testing the interest level of their Dealer Broker network. We are planning to officially start the acceptance of funds around May 15, and will file the offering statements with the SEC no later than 15 days before the first sale. Meanwhile, a compliance web site is also being developed. All these take a lot of time and money. It is extremely demanding, but as always I will give it all I got to ensure that DNotes will be immensely successful to the benefits of everyone.
Reg. A+ Mini-IPO is our second round funding that is pre-positioned for our law firm to start work once we reached or get close to the $2 million mile stone. This is extremely expensive and time consuming. I am now projecting a launch date with the SEC "Qualification" at the later part of this year. We will continue to provide updates as needed.
Dyna this is nice to hear, so if everything goes according to plan Reg. A+ Mini-IPO will start at about the same time as listing DNotes 2.0 on Cryptopia. I'm really looking forward to all this, looks like we will have an interesting month ahead of us  Amadeus82, the first round of funding using Reg. D 506 (c) will begin at about the same time as listing DNotes 2.0 on Cryptopia. Reg. A+ Mini-IPO can only be launched later this year, once "qualified" by the SEC. Together with everything else, this will be a very exciting year for DNotes. |
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Telegram Promotion!!!The DNotes team have decided to allocate 100,000 DNotes to promoting the Telegram group. For every 50 new members that enter the telegram group we will hold a lottery for 500 DNotes, until the group is at 10k members. This will be a total of 200 lotteries. It's a great way to both promote the group and to get DNotes into the hands of new people! Join the group here: https://t.me/joinchat/FB-UaUjrQiji-EBatHLsuA Nice  I really like how the team is supporting the community, so we all have mutual benefits. Do you have any date or timeframe set when the first round of financing under Reg A+ Tier II mini-IPO will begin? If you can already share it with us of course  Me too, Amadeus82. It is working out to be much better than I anticipated. We need all the help we can get to increase our social media presence. That will help our funding efforts and get DNotes listed on the exchange. We are working on two rounds of funding. The first round utilizes Reg. D 506 (c) to raise up to $5 million from accredited investors. Depending on the actual amount raised, the funds will be used to support continued software development, Reg. A+ Mini-IPO, listing fees for DNotes on more exchanges, PR and marketing, and general administration and operations. Our Chicago law firm has completed the first draft of the offering memorandum. A second firm in Denver is now working to convert it to a presentation grade PPM (Private Placement Memorandum). Meanwhile they are also testing the interest level of their Dealer Broker network. We are planning to officially start the acceptance of funds around May 15, and will file the offering statements with the SEC no later than 15 days before the first sale. Meanwhile, a compliance web site is also being developed. All these take a lot of time and money. It is extremely demanding, but as always I will give it all I got to ensure that DNotes will be immensely successful to the benefits of everyone. Reg. A+ Mini-IPO is our second round funding that is pre-positioned for our law firm to start work once we reached or get close to the $2 million mile stone. This is extremely expensive and time consuming. I am now projecting a launch date with the SEC "Qualification" at the later part of this year. We will continue to provide updates as needed. |
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What you may be missing out at DNotes - Telegram Community:
Quote From Alan Yong Today:
"Thanks, wiser. At least there is something to start with.
I like to propose another award for the top 6 contributors to the success DNotes – Telegram campaign when we hit the 10,000-membership mark.
To promote team collaborative efforts an equal amount of 20,000 DNotes for the top three and 10,000 DNotes for the next three. Credit should be given to those few who go out of their way to support this campaign, assist to cultivate a helpful and respectful environment, understand and promote the DNotes vision, and protect our brand.
I will approve this when the community figured out the logistics. Thanks. Great job so far."
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Telegram Promotion!!!The DNotes team have decided to allocate 100,000 DNotes to promoting the Telegram group. For every 50 new members that enter the telegram group we will hold a lottery for 500 DNotes, until the group is at 10k members. This will be a total of 200 lotteries. It's a great way to both promote the group and to get DNotes into the hands of new people! Join the group here: https://t.me/joinchat/FB-UaUjrQiji-EBatHLsuA Thank you, Tim. We are off to a great start. This is where everyone can join in, help out, and have some fun. We have accomplished a lot over the last four years but must continue to increase our social media presence. We need your help to spread the message. Remember that one of the exchanges' requirements is social media presence. Here is where we can not go at it alone. We can certainly use a lot of help here. |
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Thank you wiser for contributing a great article. Unfortunately, most of us ended up learning the hard way at some point in our life time. Helping to educate investors in our industry is a good thing. We believe that DNotes is doing the right thing by having a strong emphasis on education. Great job and thank you. “ This is a real industry, and if you want to get involved either as an investor or an employee or contractor, you need to treat it like a real industry…………
You will need to know these things whether your goal is to land a job within the industry or to buy holdings in one or more companies within the industry. You wouldn’t walk into an interview or buy a hundred thousand shares without such knowledge.” |
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Umar, thank you very much for starting a DNotes Telegram Group. It's off to a great start. I just sent you a personal message and want to make sure that you received it. |
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HI DNotes
If you also want young investors, then you have to offer telegram.
Young people love the daily talk.
Bitcointalk is not so trendy.
That's my opinion
Hi Mbaker0510. I remember you as the guy who drives fast on the German highways without speed limits and “think that DNOTE 2. 0 is a Porsche !!!” Pretty cool idea, actually. But here is the challenge. We are already working overtime to finish the “DNotes Highway” so that we can go for a test drive with our Porsche one day. And we don’t like to start something if we can’t actively support it and do it with a best in class mindset. Here is the deal. If we have a handful of DNotes supporters who want to help out in starting a DNotes Telegram Channel. please send me a personal message or connect with me on LinkedIn (Alan Yong). If qualified, this group will with have the chance to work directly with me and earn some DNotes 2.0. |
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I think Warren Buffet may be that case of having done enough things right that he hasn't been too burned by the wrong things he has also done. No one is perfect. He has some great quotes. Everyone is capable of teaching us some truth and we don't have to agree with everything about them to learn that truth.
I think surrounding yourself with other intelligent people, and not trying to do it all yourself, is a valuable thing. I've even heard it said that if you run a company, you should try to hire people who are even smarter than you, at least in the job for which you hire them. I think that is great advice.
I think a case in point with that being put into practice is DNotes Global's partnership with Geneca. I'm assuming the people at Geneca are way smarter at software development than anyone on the DNotes team (even though we do have some great technical minds). And that's why DNotes Global chose them.
Thank you, wiser. Great comments. Once DNotes' vision of an inclusive trusted digital currency for mass adoption was clearly defined and articulated, we began to layout the most strategic path, block by block, leading to mass adoption of DNotes - the realization of our vision. Ingrained in our DNA is our commitment of "best in class" mindset in everything that matters. This includes the selection of our partner Geneca. They greatly expand our software development capabilities. It took us almost two years to find the best fitting company. Likewise, once our funding is successfully on its way, DNotes Global will be expanding its team to include full-time and part-time positions of great employees who can grow with us to become exceptional employees. Our bars are set very high but if you have an interest to join our team get to know us early. |
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Warren Buffett is not a support of our industry. I am convinced that it is something that he does not yet understand. I wished that he kept is mouth shut and not expressed his ignorance with such strong opposing opinion on a new revolutionary technology with world changing implications. Nonetheless, I have profound respect for Warren Buffett because of great wisdom about investing. Here is my favorite: " Whether we're talking about socks or stocks, I like buying quality merchandise when it is marked down. That's what value investing is all about.” I wished he had said, ” …. Socks or stocks or digital currency” Because then, I could speculate that he had DNotes in mind. Thanks, Warren. Whether you are for us or against us, our industry can still benefit from your great wisdom. Enjoy your reading: The genius of Warren Buffett in 23 quotesBy: PAUL A. MERRIMAN One of my favorite ways to learn is to remember pithy quotations that wrap a lot of wisdom into relatively few words. Nobody does that better than Warren Buffett. In some of my favorite quotes, Buffett preaches patience, simplicity, index funds, and understanding the difference between what you know and what you don't. He's in favor of being smart, and against being dumb. I'll give you some examples, followed by my own comments. Since this article is about learning, let's start with this: " What we learn from history is that people don't learn from history." When investors get either too fearful or too greedy, they sometimes hide behind the notion that "This time it's different." Usually they regret it. On fear and greed "Two super-contagious diseases, fear and greed, will forever occur in the investment community. The timing of these epidemics will be unpredictable. ... We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful." This is the simple recipe for being a contrarian investor. On patience, in three examples " No matter how great the talent or efforts, some things just take time. You can't produce a baby in one month by getting nine women pregnant." "Our favorite holding period is forever." This is buy-and-hold investing, pure and simple. "I don't look to jump over seven-foot bars: I look around for one-foot bars that I can step over." In my own view, index funds are the ultimate one-foot bar. On sticking with what you know " Risk comes from not knowing what you're doing." "Diversification is a protection against ignorance." I think he's right on target here, and we all need this protection. We cannot possibly understand all the moving parts of the global economy and the myriad of investment choices available to us. " Only when the tide goes out do you discover who's been swimming naked." In a bull market, everybody's a genius. But a bear market reveals who's got what it takes to achieve long-term success — and who doesn't. " Never invest in a business you cannot understand." This is a good reason not to invest in individual stocks. I find it virtually impossible to understand the intricacies of any single company or a single industry. I can, however, understand an asset class with nearly 90 years of historical data. And I can invest in an index fund that captures that asset class. "What counts for most people in investing is not how much they know, but rather how realistically they define what they don't know." Unfortunately, know-it-alls tend to place big financial bets. Failing to learn from their own history (see above), they keep doing so again and again. On being smart and being successful "You don't need to be a rocket scientist. Investing is not a game where the guy with the 160 IQ beats the guy with 130 IQ." Along the same lines: "It is not necessary to do extraordinary things to get extraordinary results. ... By periodically investing in an index fund, the know-nothing investor can actually outperform most investment professionals." My take on that topic: If you want above-average results with below-average risks, make regular investments in index funds and leave the money there until you need it. Now let's look at some other Warren Buffett gems that include his thoughts on the value of value investing, the non-value of predictions, following the herd, the tarnish of gold as an investment, and more. On value investing "Whether we're talking about socks or stocks, I like buying quality merchandise when it is marked down." That's what value investing is all about. On following the herd " Most people get interested in stocks when everyone else is. The time to get interested is when no one else is. You can't buy what is popular and do well." Following the herd can be very dangerous. Just ask the many investors who staked their futures on technology stocks in 1999. On predictions "We have long felt that the only value of stock forecasters is to make fortune-tellers look good." I'm amazed at how many investors take market forecasters seriously, even when they have no credible track records of success. On losing money "Rule No.1 is never lose money. Rule No.2 is never forget Rule No. 1." Warren Buffet has broken both of these rules, as I've pointed out. Even so, he has amassed an enormous amount of wealth. "The most important thing to do if you find yourself in a hole is to stop digging." This can be interpreted as advice to sell your losing investments. But I think a better interpretation is this: When you realize you are doing something dumb with your money, stop it. On good habits "Chains of habits are too light to be felt until they are too heavy to be broken." This next quote describes a very good habit. "Do not save what is left after spending, but spend what is left after saving." This is known as paying yourself first, and it works brilliantly for investors who develop this habit while they are young. "You shouldn't own common stocks if a 50% decrease in their value in a short period of time would cause you acute distress." Losses like this are infrequent, but they are normal enough that you should expect them. You can significantly reduce this risk by adding bonds to your portfolio. "With enough insider information and a million dollars, you can go broke in a year." I have seen several investors lose everything because they followed what they thought was trustworthy inside information. On gold "I will say this about gold. If you took all the gold in the world, it would roughly make a cube 67 feet on a side ... Now for that same cube of gold, it would be worth at today's market prices about $7 trillion — that's probably about a third of the value of all the stocks in the United States. For $7 trillion, you could have all the farmland in the United States, you could have about seven Exxon Mobil Corporations plus a trillion dollars of walking-around money. ... If you offered me the choice of looking at some 67-foot cube of gold all day, ... call me crazy, but I'll take the farmland and the Exxon Mobil Corporations." My favorite Buffett quote " You only have to do a very few things right in your life so long as you don't do too many things wrong." This is my favorite Buffett quote. Long-term success belongs to those investors who consistently focus on doing a few things right and on avoiding the worst errors. Source: https://www.marketwatch.com/story/the-genius-of-warren-buffett-in-23-quotes-2015-08-19I have to voice what may be the unpopular opinion about Mr Buffett. I don't believe he is a great investor. I fact, I don't believe he is very good at it at all. What I do see in Buffett is the ability to surround himself with intelligent people and, the ability to listen and act on their advise. I say this mainly because he contradicts himself often and, he speaks on issues he does not understand. I'm not trying to start an "I hate Warren because..." club here, just calling it like I see it. Many of my best investments were suggested by others. No shame there. Too his credit, he has admitted his ignorance on crypto but,why not take the time to learn instead of continually feigning ignorance? Perhaps he should take the advice offered in some of his own quotes. Sorry Alan... No problems there, RJF. This is a case in point that no one is perfect. Not so bad, at least we can agree on one thing, "What I do see in Buffett is the ability to surround himself with intelligent people and, the ability to listen and act on their advise." Sounds like DNotes. We are surrounded by amazing people who make me look great. But then I am no Warren Buffet. I am just an average guy from the old school who believes in honesty, integrity, respect for the common men and women, and make money the of fashion ways. |
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Warren Buffett is not a support of our industry. I am convinced that it is something that he does not yet understand. I wished that he kept is mouth shut and not expressed his ignorance with such strong opposing opinion on a new revolutionary technology with world changing implications. Nonetheless, I have profound respect for Warren Buffett because of great wisdom about investing. Here is my favorite: " Whether we're talking about socks or stocks, I like buying quality merchandise when it is marked down. That's what value investing is all about.” I wished he had said, ” …. Socks or stocks or digital currency” Because then, I could speculate that he had DNotes in mind. Thanks, Warren. Whether you are for us or against us, our industry can still benefit from your great wisdom. Enjoy your reading: The genius of Warren Buffett in 23 quotesBy: PAUL A. MERRIMAN One of my favorite ways to learn is to remember pithy quotations that wrap a lot of wisdom into relatively few words. Nobody does that better than Warren Buffett. In some of my favorite quotes, Buffett preaches patience, simplicity, index funds, and understanding the difference between what you know and what you don't. He's in favor of being smart, and against being dumb. I'll give you some examples, followed by my own comments. Since this article is about learning, let's start with this: " What we learn from history is that people don't learn from history." When investors get either too fearful or too greedy, they sometimes hide behind the notion that "This time it's different." Usually they regret it. On fear and greed "Two super-contagious diseases, fear and greed, will forever occur in the investment community. The timing of these epidemics will be unpredictable. ... We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful." This is the simple recipe for being a contrarian investor. On patience, in three examples " No matter how great the talent or efforts, some things just take time. You can't produce a baby in one month by getting nine women pregnant." "Our favorite holding period is forever." This is buy-and-hold investing, pure and simple. "I don't look to jump over seven-foot bars: I look around for one-foot bars that I can step over." In my own view, index funds are the ultimate one-foot bar. On sticking with what you know " Risk comes from not knowing what you're doing." "Diversification is a protection against ignorance." I think he's right on target here, and we all need this protection. We cannot possibly understand all the moving parts of the global economy and the myriad of investment choices available to us. " Only when the tide goes out do you discover who's been swimming naked." In a bull market, everybody's a genius. But a bear market reveals who's got what it takes to achieve long-term success — and who doesn't. " Never invest in a business you cannot understand." This is a good reason not to invest in individual stocks. I find it virtually impossible to understand the intricacies of any single company or a single industry. I can, however, understand an asset class with nearly 90 years of historical data. And I can invest in an index fund that captures that asset class. "What counts for most people in investing is not how much they know, but rather how realistically they define what they don't know." Unfortunately, know-it-alls tend to place big financial bets. Failing to learn from their own history (see above), they keep doing so again and again. On being smart and being successful "You don't need to be a rocket scientist. Investing is not a game where the guy with the 160 IQ beats the guy with 130 IQ." Along the same lines: "It is not necessary to do extraordinary things to get extraordinary results. ... By periodically investing in an index fund, the know-nothing investor can actually outperform most investment professionals." My take on that topic: If you want above-average results with below-average risks, make regular investments in index funds and leave the money there until you need it. Now let's look at some other Warren Buffett gems that include his thoughts on the value of value investing, the non-value of predictions, following the herd, the tarnish of gold as an investment, and more. On value investing "Whether we're talking about socks or stocks, I like buying quality merchandise when it is marked down." That's what value investing is all about. On following the herd " Most people get interested in stocks when everyone else is. The time to get interested is when no one else is. You can't buy what is popular and do well." Following the herd can be very dangerous. Just ask the many investors who staked their futures on technology stocks in 1999. On predictions "We have long felt that the only value of stock forecasters is to make fortune-tellers look good." I'm amazed at how many investors take market forecasters seriously, even when they have no credible track records of success. On losing money "Rule No.1 is never lose money. Rule No.2 is never forget Rule No. 1." Warren Buffet has broken both of these rules, as I've pointed out. Even so, he has amassed an enormous amount of wealth. "The most important thing to do if you find yourself in a hole is to stop digging." This can be interpreted as advice to sell your losing investments. But I think a better interpretation is this: When you realize you are doing something dumb with your money, stop it. On good habits "Chains of habits are too light to be felt until they are too heavy to be broken." This next quote describes a very good habit. "Do not save what is left after spending, but spend what is left after saving." This is known as paying yourself first, and it works brilliantly for investors who develop this habit while they are young. "You shouldn't own common stocks if a 50% decrease in their value in a short period of time would cause you acute distress." Losses like this are infrequent, but they are normal enough that you should expect them. You can significantly reduce this risk by adding bonds to your portfolio. "With enough insider information and a million dollars, you can go broke in a year." I have seen several investors lose everything because they followed what they thought was trustworthy inside information. On gold "I will say this about gold. If you took all the gold in the world, it would roughly make a cube 67 feet on a side ... Now for that same cube of gold, it would be worth at today's market prices about $7 trillion — that's probably about a third of the value of all the stocks in the United States. For $7 trillion, you could have all the farmland in the United States, you could have about seven Exxon Mobil Corporations plus a trillion dollars of walking-around money. ... If you offered me the choice of looking at some 67-foot cube of gold all day, ... call me crazy, but I'll take the farmland and the Exxon Mobil Corporations." My favorite Buffett quote " You only have to do a very few things right in your life so long as you don't do too many things wrong." This is my favorite Buffett quote. Long-term success belongs to those investors who consistently focus on doing a few things right and on avoiding the worst errors. Source: https://www.marketwatch.com/story/the-genius-of-warren-buffett-in-23-quotes-2015-08-19 |
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Great work. I hope many people read this article, as it encapsulates the prominent attitude of so many cryptocurrency investors. At DNotes we do not cater to the winning lottery ticket mentality type of investor (they are very fickle). Instead we cater to the investor who appreciates vision, fundamental value, and the strategic approaches that are required to win.
TeeGee that is just why I invested in DNotes and strongly support the team and it's work. I have had enough of risky investment and shady teams behind some coins, which were only interested in pump and dump and making as much money as fast as possible. That was becoming too stressful, it was sometimes hard to even trust the public announcements those teams had made  So now I'm mostly trying to find the trustworthy teams with great long term vision, and by all what I have seen and read the team behind the DNotes is definitely excellent example of that. Keep up the good work guys Thank you, Amadeus82 and TeeGee for your trust and confidence in DNotes’ vision and business model. I hope there is a lesson learned by most people over the last year. While a lot of money has been made, more money has been lost by many who could ill afford it. Think of a student, already saddled with a large student debt, took out another $7,000 in new student loan and invested half of it in December 2017 – and lost 80% of it in less than 30 days. There are many stories like that with a different twist. We can blame it on the victims for being young and naive. But don’t be shocked that many of the victims are seniors with vast experience. We all can be tempted by the idea of getting rich quick sometime. We are proud that, for over four DNotes has been taking the lead to build a digital currency that could benefit everyone. It is being built with trust and a purpose. Our industry needs more of that. We encourage others in our industry who share that mindset to join force with us. |
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Amadeus82, I just read every word of your blog post on steemit. Thank you for sharing your true experience is such an honest, sincere, and objective manner. That kind of expression is significantly more valuable than any well crafted, highly edited essay, or talking points. I strongly encourage everyone to read it. I also wish that more people would share their experience. Loosing hard earned money out of desperation to gamble in hope of striking it rich seldom ends with the result we wished for. Always do your homework and take your time to observe and verify if any claims made in the past have been consistently delivered or always ended up with excuses. |
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Well, I actually spent at least that much to write my book, get it published, and give it to DNotes Global 100% royalty free so that all of DNotes stakeholders and other entrepreneur can benefit from it.
Having said that, this shows the madness of our industry. It is totally out of control. Greed is overwhelming that better side of humanity.
This is a real technology revolution that presents a generational opportunity for the entire world. We cannot let a small minority hijack a vital technology breakthrough that could contribute significantly to the better good of mankind.
Personally, I wish investors will start spending more time to understand what they are investing in. If it is not researchable and verifiable, be care and only proceed with caution.
The book was quite a big project. I enjoyed working on my contribution very much Not to disagree, but I think another factor playing into the careless investing may be that a lot of people have spent significant time in their adult lives living paycheck to paycheck and barely making it, or feeling like there's never enough. I think a lot of those people see amazing financial opportunities in cryptocurrencies and they can almost taste what it might be like to not have to worry about money ever again that they kind of go a bit crazy on the investing. I think there's an element of desperation going on, stemming from some of the larger economic issues going on at this time. The foundation that DNotes is laying and the work of DNotesEDU will help a lot of people make smarter cryptocurrency investment decisions. I understand, that unfortunately majority of the people worldwide struggle with some form of financial desperation wishing that they could get a lucky break one day. That desperation is being exploited and many ended up in worse shape. There are however some great projects as you often write about. And DNotesEDU has been doing an fantastic job in educating investors. There are honest coins and great projects with many hardworking honest people behind them. As Nele suggested we need to unite and work closer together so that more investors know that there are choices and many projects worthy of their support and investment. Over the longer-term, only real projects would stand a chance to survive. We are more committed than ever to make DNotes a success. Please help us spread the message. |
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