Excellent additions CryptoBroker! I like the new questions in the quiz. |
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Thanks langvad and soundposition! We are happy to help spread the word for a positive crypto project, it is a benefit to our entire industry.
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Great job - The Article about GameCredits is superb....Thanks DNotes! - Y'all Rock
Thanks for stopping by 82ndabnmedic! Ken is an excellent writer and did a great job with the article. |
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BIG Thanks to DCE brief,Kev,Alan and Joe!This great support mean lot for us.It is a really great article. You all already know that a lot of people from GMC team are supporters and long term holders of Dnotes. We all need to keep good work and bring much more power in our industry. Thanks again Regards to all of you Nele Thank you Nele, we appreciate your support of DNotes and CryptoMoms! Good luck with the launch of your new web wallet and Grand Prix game. |
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Thanks kanus, appreciate the feedback. It might be good if we look at the traffic for this article after a couple days and see how well it performed. I think it's a great idea to mix things up a bit with a different type of story every so often. I was surprised at how much higher the global traffic was than in the U.S. DCEBrief is giving DNotes some great global coverage!! We get about 40% of traffic from the US and about 60% from outside the US. 35k hits in November. Both rankings are pretty good for fairly new site, the lower the better though, it's just that on the global rank there is a lot more competition. |
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Thanks kanus, appreciate the feedback. It might be good if we look at the traffic for this article after a couple days and see how well it performed. |
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Price drop down:(
Eventually when we have a profitable company, where DNotes will own up to 25%, and a professionally managed fund to support the market, this will be less of an issue. As of right now, we are subject to the demand of the open market. Something I've seen some other coins do is have a strategy to put consistent buying pressure on the market. Diamond is a great example. DNotes should look at that. One idea that comes to mind is that when the company launches, any kind of share dividends are paid out in DNotes. This means that whatever currency the profits are made in, be it USD or Bitcoin, those funds will be used to buy DNotes on a regular basis and then distribute them. Since the shareholders likely believe in DNotes, they might sell some back from time to time but probably won't just dump them all as soon as they get them. That will have a stabilizing effect on the market price. The other strategy I've seen which DNotes already does very well (DNotes vault) is to take as many coins as possible off the market. Giving people incentive to lock up their coins in long term interest bearing accounts has that effect. Thank you Wiser, I haven't looked yet closely at what Diamond has done, but I certainly will. |
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Price drop down:(
Eventually when we have a profitable company, where DNotes will own up to 25%, and a professionally managed fund to support the market, this will be less of an issue. As of right now, we are subject to the demand of the open market. |
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This is my last banking article for the day... I promise.  This is likely just scratching the surface in uncovering the ghosts hiding in big bank's closets. They may have been deemed to big to fail, but no one is too big to jail! I am looking forward to the day when digital currency and the blockchain can help put a stop to this corruption. Big banks accused of interest rate-swap fixing in class action suitNEW YORK, Nov 25 (IFR/Reuters) - A class action lawsuit, filed Wednesday, accuses 10 of Wall Street's biggest banks and two trading platforms of conspiring to limit competition in the US$320 trillion market for interest rate swaps. The class action lawsuit, filed in U.S. District Court in Manhattan, accuses Goldman Sachs, Bank of America Merrill Lynch, JPMorgan Chase, Citigroup, Credit Suisse, Barclays, BNP Paribas, UBS, Deutsche Bank, and the Royal Bank of Scotland of colluding to prevent the trading of interest rate swaps on electronic exchanges, like the ones on which stocks are traded. As a result, the lawsuit alleges, banks have successfully prevented new competition from non-banks in the lucrative market for dealing interest rate swaps, the world's most commonly traded derivative. The banks "have been able to extract billions of dollars in monopoly rents, year after year, from the class members in this case," the lawsuit alleged. The suit was brought by The Public School Teachers' Pension and Retirement Fund of Chicago, which purchased interest rate swaps from multiple banks to help the fund hedge against interest rate risk on debt. The plaintiffs are represented by the law firm of Quinn, Emanuel, Urquhart, & Sullivan LLP, which has taken the lead in a string of antitrust suits against banks. As a result of the banks' collusion, the suit alleges, the Chicago teachers' pension and retirement fund overpaid for those swaps. The suit alleged that since at least 2007 the banks "have jointly threatened, boycotted, coerced, and otherwise eliminated any entity or practice that had the potential to bring exchange trading to buyside investors." "Defendants did this for one simple reason: to preserve an extraordinary profit center," the lawsuit said. The banks masked their collusion by using code-names for joint projects such as "Lily", "Fusion," and "Valkyrie," according to the suit. The suit also accused broking platforms ICAP and Tradeweb, which control key cogs in the infrastructure of the swaps market, of facilitating the antitrust violations by acting as a forum for collusion and making business decisions on the banks' behalf. Nine of the ten defendant banks own equity stakes in Tradeweb and hold positions on the company's board and governance committees. Tradeweb is majority owned by Thomson Reuters. Thomson Reuters is not named as a defendant in the suit. Bankers used those positions to control the direction of the Tradeweb and collectively blocked the development of more investor friendly swaps exchanges by firms such as the CME Group, TrueEX, Javelin Capital Markets, and TeraExchange, according to the suit. "During the time period relevant here, Tradeweb board and governance committees were organised specifically for the purpose of protecting the 'dealer community' from the growth of exchange trading," reads the suit. Similar allegations of bank collusion in the market for another type of derivative known as credit default swaps, have been the subject of investigations by the United States Department of Justice and the European Commission, as well as a separate class action lawsuit brought by investors. In September, twelve banks and two industry groups settled that lawsuit by agreeing to pay $1.87 billion, making it one of the largest antitrust class action lawsuits in U.S. history. http://www.reuters.com/article/2015/11/26/interestrateswaps-lawsuit-idUSL1N13K2IE20151126#4cFieTo8VWW1tuL1.97Great points Chase! The more we can decentralize our money and automate the financial services through the blockchain, the less of this kind of manipulation can happen, and we will have a lot more visibility to see what is going on exactly rather than hoping someone can figure it out and take action. |
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Interesting article on why Jamie Dimon is wrong about bitcoin. Barry Silbert on Why Jamie Dimon is Wrong on Bitcoin...“I think Jamie — who I’ve spoken to about this in the past — he has a view that governments around the world and central banks around the world are going to figure out a way to crack down on use of non-fiat currency, and I think where Jamie is probably less informed is around the inability for governments and banks to actually do that. In the case of Bitcoin, there’s no one to put in jail, there’s no company to shut down . . . If society decides that bitcoin is money, there’s nothing that JPMorgan, the Federal Reserve, or anybody [else] can do to stop it. But it’s still very early.” http://insidebitcoins.com/news/barry-silbert-on-why-jamie-dimon-is-wrong-on-bitcoin/36037I believe that is a very valid point, government is to support its people, not try to stand in the way of progress. If people decide we need digital currency, the government should support it. |
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" . . . A good majority of Bitcoin based businesses have come and gone, the fewer of these fly by night operations DNotes is associated with the better. By biding time, DNotes can pick and choose which businesses to team up with . . . "
Ahh! IndiaMikeZulu, those goofy P2P guys! In-community merchant-network development, as the first block in the wall, has been our call for . . . ummm . . . 30 months.* Every Dnotes person who has a business, every Dnotes person who can get hold of some wholesale digital goods, every Dnotes person (in a particular nation) who wants to tackle selling 10-oz silver bars for Dnotes, can sell those goods and products in-community.
Do it!
*Although we only actually managed proof of concept, Ian and I were running 'Yacoin Australia' in 2013. We offered Yacoin (in 'packets') for $AU -- making Yacoin at that time only the third crypto to ever be sold for two different fiat currencies -- and bars of silver for Yacoin.
Mark (IndiaMikeZulu), Australia
It is a good idea to develop a relationship with those who are currently involved in gold and silver. I have a few LinkedIn connections I might approach when I have a little more time. Finishing the first draft of my book is currently my highest priority. It may not be easy to understand why it is so important. "We do things others won't do, so that one day we can do things others can't do" That has always been my business philosophy. As can be expected, our team has invested a significant amount in DNotes, the currency. If that is all we needed to do, we will not be much different than the other altcoins. We have also invested a significant amount in our ecosystem, but alone with a huge amount of efforts and other resources. We know that this is what sets DNotes apart from the others and given sufficient time it will make it difficult for others to replicate what we have accomplished. It is also the best path to building a trusted brand and the best strategy to gain acceptance of DNotes as a medium of exchange. We know for a fact that small business owners, including women small business owners, are struggling. Many employees have also been struggling along side with them and many of them have not seen a pay raise for years. Yet quitting is often not an option, because there are very few jobs available. We also know that majority of new businesses failed during the first years in business. New business formations are dropping from over 500,000 to 400,000 against 470,000 in closings. Only about 10% of business school students are thinking of starting their own business upon graduation, significantly lower than what I remember when I graduated with my MBA. I started my first business upon graduation. These are all very interesting dynamics. My book is being written to help provide some relief. I am very passionate about helping small business owners and there is a great fit in what DNotes has been doing, including CRISP For Retirement, CRISP For Employee Incentive Benefits and the best path to adaption of DNotes as a medium of exchange. What else is significant? The book is our first revenue producing project of the new company. Although not finalized it could be offered along with a subscription site, along with many partners offering a whole array of business services. We believe in offering things of substance to create a useful purpose for DNotes. This is very different than the prevailing mind-set of our industry. I don't expect everyone to agree with our approach and strategies but that is always the case and that may be a good way to explain the current correction of DNotes price. People always re-evaluate their investment and adjust their position from time to time. When a new trend developed, many just follow, often without knowing why. That is the dynamics of free market investing. I am almost as excited about the subscription site as I am the book. I envision additional content for small business and entrepreneurs, working with professional consultants who share the same enthusiasm for helping small business to offer help and services. It can start small and be scaled very quickly with lots of synergies with our existing products and platforms. Doing a bit of research on it now. |
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Very well expressed and objective view point, mochillies. I appreciate that you took time to communicate your opinion, which, I have no doubt is shared by many others and most likely explained why there has been a sudden drop in the demand for DNotes.
“Speculation is NOT a dirty word. I feel this community sees speculators as pump and dump vultures. We need to expunge this toxic idea from our consciousness. Speculators are not the enemy, they are the lifeblood of a project like this. When Google and Facebook and Amazon IPO their companies on the market, they're offering shares to SPECULATORS to catapult their business potential into the stratosphere. The best thing a company can do to grow is to attract speculators on purpose by offering them shares, or in our case coins.”
I agree with you that speculation is not a dirty work. Loosely used, we all are speculators and all business owners and investors are speculators. We are not against speculators or have made any attempts to discourage them from investing in DNotes. This is a free market. People buy and sell at will. However, I can say this definitively:
• We do not support pump and dump, but not all speculators are part of P&D
• By strategic choice DNotes is positioned as a long term investment and as such not likely to be a favorite of short term investors
• DNotes is not dependent on the industry as its only market target. It has been positioning itself to reach out to the global market, as reflected in the creation of CryptoMoms, Family of CRISPs, DNotesVault and DCEBrief. Achieving marketing penetration beyond our industry, is a very long process with little near term payoff but the correct path to gain mass acceptance over the long haul. This will not happen overnight. A 5 to 10 year period reasonable for any long term investment.
• We believe that the true value of DNotes can only be realized if it can meet the full functions of money (unit of account, store of value, and medium of exchange) not a single digital currency including DNotes and Bitcoin has succeeded so far. Consequently, I have to add that the bankers, including Jamie Dimon, CEO of JP Morgan Chase, has good reasons not to consider our industry as a threat. We will not be until there is a digital currency that can meet or exceed the full functions of money. That is DNotes’ strategic goal but it will take years to accomplish our mission, hence a long road ahead.
• Technology evolves quickly. Many great “innovations” in our industry that have driven the price of many altcoins to the “moon” are now ice-cold rocks on earth. Investing heavily in technologies before there are sufficient users’ demands is not the best use of limited resources. Many great ideas or projects failed because they invested heavily in technology and other infrastructure before there is sufficient need for what they have to offer. Investing heavily in payment network and mobile applications at this time or promoting DNotes as a medium of exchange is a loosing proposition. Many have tried and they all have failed.
Mochillies, I appreciate the time you spent to express your opinion, but I respectfully disagree that we have to change course in response to the DNotes price decline. I understand the concern and it is disappointing to me as well. That is the nature of speculative investing in a free market environment.
If you believe that there are things that you can do to help improve DNotes stakeholders’ value I am sure you will get the support of our community and it will be very much appreciated. We are all stakeholders with a mutual interest to see that DNotes be successful. It is very natural that there are differences of opinion on the best way of getting there. Perhaps if more people could pitch in to help, it may make a difference.
Ok, lets look at price. DNotes is currently number 174 out of 672 AltCoins in price alone. But, we number 38 out of 672 in Market Capitalization. Sorry, I don't see a problem here. As with all things in nature and human kind, slow and steady is the way to lasting success. At the present time, it is less important that each DNote has a high value, then it is that people know about DNotes, wither they use, or hold them, or not. As a relatively new coin, DNotes has done quite well in it's short lifetime. As the coin matures along with it's ecosystem, the value will start to rise, slowly. And that is the key. Almost all altcoins that have achieved a high monetary value in a short time have either failed completely or are almost worthless now. There are some exceptions but, they mostly serve niche markets, some of which DNotes would not want to be connected to. Our marketing will spread the word in a realistic and sustainable manor. There is no long term value to being a "flash in the pan". Consider this analogy; the Pyramids in Egypt still stand, they took a lifetime to build. Your typical house built today in a month will be gone a hundred years from now. Slow and steady with solid foundations will endure the test of time, and with time comes value. On a different subject but, not far removed, here's one of the best articles on crypto detractors and supporters I have ever read: http://bit.ly/1NgEGLL In some ways it speaks to Notes as well as Bitcoin. There aren't many coins that have held their ground for this long. Many of the coins that have survived were the ones I would call the originals, not mineable/insignificant rate of release, or highly specialized in a specific niche. If I were to categorize coins DNotes falls into the same category as Bitcoin, Litecoin, and Doge. What I would like to see is rate of release of coins versus price stability compared for different coins. I'd be willing to bet DNotes would be in the top 10, that would demonstrate DNotes strength in terms of price. However, I don't feel the price as this very moment is a major factor in the growth of DNotes. I agree, in fact a lower price may allow DNotes to fly under the radar and carefully observe the state of the entire industry, waiting for the perfect opportunity to make a move. A good majority of Bitcoin based businesses have come and gone, the fewer of these fly by night operations DNotes is associated with the better. By biding time, DNotes can pick and choose which businesses to team up with, rather than taking anything that's thrown our way. Great posts. Industry partners will be important to DNotes growth. We will want to partner with groups, or organizations that align with DNotes philosophy and core values. |
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Very well expressed and objective view point, mochillies. I appreciate that you took time to communicate your opinion, which, I have no doubt is shared by many others and most likely explained why there has been a sudden drop in the demand for DNotes.
“Speculation is NOT a dirty word. I feel this community sees speculators as pump and dump vultures. We need to expunge this toxic idea from our consciousness. Speculators are not the enemy, they are the lifeblood of a project like this. When Google and Facebook and Amazon IPO their companies on the market, they're offering shares to SPECULATORS to catapult their business potential into the stratosphere. The best thing a company can do to grow is to attract speculators on purpose by offering them shares, or in our case coins.”
I agree with you that speculation is not a dirty work. Loosely used, we all are speculators and all business owners and investors are speculators. We are not against speculators or have made any attempts to discourage them from investing in DNotes. This is a free market. People buy and sell at will. However, I can say this definitively:
• We do not support pump and dump, but not all speculators are part of P&D
• By strategic choice DNotes is positioned as a long term investment and as such not likely to be a favorite of short term investors
• DNotes is not dependent on the industry as its only market target. It has been positioning itself to reach out to the global market, as reflected in the creation of CryptoMoms, Family of CRISPs, DNotesVault and DCEBrief. Achieving marketing penetration beyond our industry, is a very long process with little near term payoff but the correct path to gain mass acceptance over the long haul. This will not happen overnight. A 5 to 10 year period reasonable for any long term investment.
• We believe that the true value of DNotes can only be realized if it can meet the full functions of money (unit of account, store of value, and medium of exchange) not a single digital currency including DNotes and Bitcoin has succeeded so far. Consequently, I have to add that the bankers, including Jamie Dimon, CEO of JP Morgan Chase, has good reasons not to consider our industry as a threat. We will not be until there is a digital currency that can meet or exceed the full functions of money. That is DNotes’ strategic goal but it will take years to accomplish our mission, hence a long road ahead.
• Technology evolves quickly. Many great “innovations” in our industry that have driven the price of many altcoins to the “moon” are now ice-cold rocks on earth. Investing heavily in technologies before there are sufficient users’ demands is not the best use of limited resources. Many great ideas or projects failed because they invested heavily in technology and other infrastructure before there is sufficient need for what they have to offer. Investing heavily in payment network and mobile applications at this time or promoting DNotes as a medium of exchange is a loosing proposition. Many have tried and they all have failed.
Mochillies, I appreciate the time you spent to express your opinion, but I respectfully disagree that we have to change course in response to the DNotes price decline. I understand the concern and it is disappointing to me as well. That is the nature of speculative investing in a free market environment.
If you believe that there are things that you can do to help improve DNotes stakeholders’ value I am sure you will get the support of our community and it will be very much appreciated. We are all stakeholders with a mutual interest to see that DNotes be successful. It is very natural that there are differences of opinion on the best way of getting there. Perhaps if more people could pitch in to help, it may make a difference.
Ok, lets look at price. DNotes is currently number 174 out of 672 AltCoins in price alone. But, we number 38 out of 672 in Market Capitalization. Sorry, I don't see a problem here. As with all things in nature and human kind, slow and steady is the way to lasting success. At the present time, it is less important that each DNote has a high value, then it is that people know about DNotes, wither they use, or hold them, or not. As a relatively new coin, DNotes has done quite well in it's short lifetime. As the coin matures along with it's ecosystem, the value will start to rise, slowly. And that is the key. Almost all altcoins that have achieved a high monetary value in a short time have either failed completely or are almost worthless now. There are some exceptions but, they mostly serve niche markets, some of which DNotes would not want to be connected to. Our marketing will spread the word in a realistic and sustainable manor. There is no long term value to being a "flash in the pan". Consider this analogy; the Pyramids in Egypt still stand, they took a lifetime to build. Your typical house built today in a month will be gone a hundred years from now. Slow and steady with solid foundations will endure the test of time, and with time comes value. On a different subject but, not far removed, here's one of the best articles on crypto detractors and supporters I have ever read: http://bit.ly/1NgEGLL In some ways it speaks to Notes as well as Bitcoin. That was a great read RJF. John Biggs is a New York-based writer. After spending years as a programmer, Biggs decided to become a full-time journalist. His work has appeared in publications such as the New York Times, Gizmodo and Men's Health. Biggs is currently an editor for TechCrunch. In this piece he details why he thinks bitcoin will eventually succeed. A week ago I was in Belgrade watching a panel on "blockchain." The makeup of the panel was typical: a young, plugged-in VC, an older banker guy and a crypto-anarchistic dude in a T-shirt. It was like watching a movie called "Bitcoin is Good And Bad" for the 50th time. I knew what was happening but I couldn't look away. The panel started normally - VC guy said he liked the blockchain specifically but was iffy about those bitcoins, the older gentleman said bitcoin was bad, but then the anarchist dude was quiet. He let the banker talk. The banker said that bitcoin was untraceable. It was a fad. The crypto guy let him talk. bitcoin was a tulip bulb, said the old dude. It would never work, he clamored. And the anarchist stayed quiet. Then the old dude was done. The anarchist calmly explained what the future of bitcoin and cryptocurrencies held. He made cogent points that he had practiced many times. While the banker chortled at his own jokes, the VC talked about the blockchain and the audience grunted. The anarchist won the discussion through reasoned argument. 'Bitcoin in a suit' This is the face of bitcoin discourse in late 2015. It's a calm discussion where the craziest people in the room are the ones who are against bitcoin. We've won. I asked the anarchist, Aaron Koenig, what he was thinking on stage. He said: "I've been through this many times." He was used to that line of questioning. He knew how to handle it and how to ignore it. In fact, it's the folks who don't understand cryptocurrency and the folks who don't understand bitcoin that seem the craziest these days. It's a fascinating flip. We're basically seeing the dawn of bitcoin in a suit. Just as Red Hat turned Linux into something an IT department could use to replace Microsoft, the new bitcoin users are turning crypto into something that a person can use to replace a bank. The accretions of a dozen decades of banking tradition have convinced those inside the big institutions that their way is right and will be right forever. Those outside, the scrabbling sea monsters trying to figure out a new way to walk on land, know that isn't true. There's an old quote I love, written by Wilhelm Stekel but made famous by Holden Caulfield in Catcher In The Rye. "The mark of the immature man is that he wants to die nobly for a cause," Stekel said. "While the mark of the mature man is that he wants to live humbly for one." The true bitcoin believer needs to take this to heart. We've already won. We've moved past the era of raving lunatics howling in the wilderness about digital gold and the end of governments. We're in a position to make real, meaningful change in the world and to do that we need to listen more than we speak.Malaise among investors In my time as a bitcoin entrepreneur, I've seen a certain deep malaise rising in the investor class. They've met too many wide-eyed Jeremiahs fresh from the desert with a plan to put our DNA on the blockchain. They've seen investments crash quicker than HSBC after another scandal. They've been burned by guys who write banking code in PHP and host it on public servers. Now they're doing technical diligence and they're offering objections to every claim. But there's one thing to remember in every investment scenario: objections are a buying signal. Say what you want about short-sighted folks stuck in the past: investors know that something is brewing. In 1995, you'd have been hard-pressed to convince anyone that email was anything cooler than a way for scientists to tell each other where to point a giant telescope in Peru.Then came Hotmail and the utility of email became obvious. The same happens with any previously complex technology: the objections die when the technology becomes part of the white noise of commerce, communication or reproduction. Embedded in banks So let them howl. Let hem hoot. Let them say you're doing something wrong. None of their objections are real. |
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Very well expressed and objective view point, mochillies. I appreciate that you took time to communicate your opinion, which, I have no doubt is shared by many others and most likely explained why there has been a sudden drop in the demand for DNotes.
“Speculation is NOT a dirty word. I feel this community sees speculators as pump and dump vultures. We need to expunge this toxic idea from our consciousness. Speculators are not the enemy, they are the lifeblood of a project like this. When Google and Facebook and Amazon IPO their companies on the market, they're offering shares to SPECULATORS to catapult their business potential into the stratosphere. The best thing a company can do to grow is to attract speculators on purpose by offering them shares, or in our case coins.”
I agree with you that speculation is not a dirty work. Loosely used, we all are speculators and all business owners and investors are speculators. We are not against speculators or have made any attempts to discourage them from investing in DNotes. This is a free market. People buy and sell at will. However, I can say this definitively:
• We do not support pump and dump, but not all speculators are part of P&D
• By strategic choice DNotes is positioned as a long term investment and as such not likely to be a favorite of short term investors
• DNotes is not dependent on the industry as its only market target. It has been positioning itself to reach out to the global market, as reflected in the creation of CryptoMoms, Family of CRISPs, DNotesVault and DCEBrief. Achieving marketing penetration beyond our industry, is a very long process with little near term payoff but the correct path to gain mass acceptance over the long haul. This will not happen overnight. A 5 to 10 year period reasonable for any long term investment.
• We believe that the true value of DNotes can only be realized if it can meet the full functions of money (unit of account, store of value, and medium of exchange) not a single digital currency including DNotes and Bitcoin has succeeded so far. Consequently, I have to add that the bankers, including Jamie Dimon, CEO of JP Morgan Chase, has good reasons not to consider our industry as a threat. We will not be until there is a digital currency that can meet or exceed the full functions of money. That is DNotes’ strategic goal but it will take years to accomplish our mission, hence a long road ahead.
• Technology evolves quickly. Many great “innovations” in our industry that have driven the price of many altcoins to the “moon” are now ice-cold rocks on earth. Investing heavily in technologies before there are sufficient users’ demands is not the best use of limited resources. Many great ideas or projects failed because they invested heavily in technology and other infrastructure before there is sufficient need for what they have to offer. Investing heavily in payment network and mobile applications at this time or promoting DNotes as a medium of exchange is a loosing proposition. Many have tried and they all have failed.
Mochillies, I appreciate the time you spent to express your opinion, but I respectfully disagree that we have to change course in response to the DNotes price decline. I understand the concern and it is disappointing to me as well. That is the nature of speculative investing in a free market environment.
If you believe that there are things that you can do to help improve DNotes stakeholders’ value I am sure you will get the support of our community and it will be very much appreciated. We are all stakeholders with a mutual interest to see that DNotes be successful. It is very natural that there are differences of opinion on the best way of getting there. Perhaps if more people could pitch in to help, it may make a difference.
To add to what Alan is saying. I hope others didn't get the same feel when we talk about P&D, as that was not our intention. Personally I believe speculation is a good thing and a pathway to adoption for DNotes and digital currency in general. We do promote programs around long term investing of DNotes. However, I do believe P&D can be very damaging, among many of the poor practices and manipulation we see that prey on the masses. |
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Right now I see NOTE as a lofty idealist architectural firm. The vision is good, if as-yet not well-defined in terms of specifics. We need some boots on the ground in the sales and marketing department too. That's real.
That is something we are working on. I recently made a CRISP video (and will be making more about DNotes and crypto in general) https://www.youtube.com/watch?v=BsXO8ttmSxwAlso, I have a seminar coming up this weekend in New Zealand for a "Students for Liberty" conference. I am one of three invited 'non-student' speakers (I'm known among liberty circles in NZ - 'tis a small country of 4.5 million people), I am going as a representative of DNotes, and not as a board member of 'Anarkiwi' - a freedom focussed community I began 18 months ago that promotes philosophy and the benefits of a stateless society (the capacity by which I was invited). The topic is "How to make NZ more prosperous". My talk will be about the "blockchain future" and how favourable regulations to cryptocurrencies will bring capital inflows to NZ, and discuss the blockchains applications in regards to efficiency, resource allocation, regulations, professionals... etc. I will spend a significant amount of time in the presentation discussing DNotes and how a globally accepted digital currency would benefit both the world, and New Zealand. The other two non-student speakers are much more distinguished than myself, both having been leaders of the NZ 'libertarian party' - one of them was the Reserve Bank Governor Chairman for 14 years (Fed Chairman equivalent), and the other an award winning journalist who is also a Philosophy lecturer from Cambridge university. I had brunch with the RBNZ Chairman during an election campaign 4 or 5 years ago, and I look forward to meeting the philosopher in person. I think it is a good opportunity to get DNotes brand out there, we are engaging and marketing, and some of the people present will be well connected. DNotes as a team also rely on value growth to fund further projects, so we are definitely with you on the 'enormously invested' part you mentioned. Here is me:  Don Brash - Former World Bank Economist and Reserve Bank of New Zealand Governor  Jamie Whyte - Who has a very interesting mind.  It is a start, and there is much more to come. I have requested the talks be filmed, and the organisers agreed. I have 6 more days to prepare it . That's excellent TeeGee! Can't wait to see it.
We need some boots on the ground in the sales and marketing department too.
On top of what you can see in our marketing efforts that you may or may not have noticed, there is a massive effort that happens in the background as well. For instance, you may not have heard how often Alan is attending meetings, or the time he spends growing and interacting his network, or realize the importance of the book he is writing in terms of marketing and networking, or the huge effort from Chase reaching out to organizations for CRISP and CryptoMoms, or TeeGee spending time to reach out to students and universities, or the deals we have worked out to advertise our programs, or Chris who will be representing us and a speaker at a UK digital currency event, or the articles we have written to help promote some our programs. That doesn't cover everything of course, but my point is, there is a lot happening that may not be 100% apparent. That said we need all the help we can get, this is a massive project with many hurdles to overcome and lot's to do. |
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Digital Currency Weekly Recap 11-29-2015Swift Report Offers Crypto Recommendations for EU. BIS Warns That Cryptocurrency Threatens Central Bank Power. Quantum Physics Could Provide Greater Security for Cryptocurrency. Jenkins Says FinTech Disruption of Banking Will be Significant. GameCredits Launching Wallet and GrandPrix Game. http://dcebrief.com/digital-currency-weekly-recap-11-29-2015/
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