Thanks for staying in touch with us, PEACEOFWAR. We wish your wife a speedy recovery. Please let us know if we can be of help in some ways.

Thanks for posting a rather comprehensive write-up on depression. You certainly have a much better insight on this subject than most of us. It is a very complex issue with no permanent solution or cure in sight. What I do believe is that if we all can contribute a little to make this world a little less depressing, it will help. I am personally committed to do everything I can, using DNotes as the vehicle to deliver that little help at every opportunity we can. DNotes’ shared stake concept is the foundation of that philosophy. It is about sharing and caring. It is about giving the most people a chance towards financial freedom, no matter where they are, or what form on government they are subjected to. It must begin with trustworthiness, and like respect, it earned over time.

P.S.

This is not planned but the timing of TeeGee's post just minutes ahead of mine is quite incrediable.

*******************************************


On August 18, 2014, DNotes will be six months old. This is a good time to review, renew, and revitalize our commitments and core missions. I am planning to make a series of posts over the next few weeks, with certain research materials provided by one of DNotes’ stake holders, TeeGee. TeeGee is a very bright young man working on his PhD in Economics and has been a strong supporter of DNotes. His contributions have been very helpful and very much appreciated.

However, the opinions and conclusions expressed are mine. Being mindful that we have a very broad spectrum of stake holders around the world, including first time owners of crypto currency, and many who may not be as tech savvy, I will attempt to keep my writings to a layman version as much as possible. Having been an entrepreneur for almost forty years, with a bachelor degree in Behavioral Science and a MBA, some of my view points are influenced by certain behavioral and economic theories. Furthermore, we believe in managing DNotes as a real world business, guided by a system approach to managing complex organizations. System approach, forces us to constantly examine all the components that make up a specific unit or the larger system, such as DNotes as a unit, the crypto currency ecosystem as the larger unit, the entire industry as the whole system, and the global community as the super-system. They are all linked and their state of affairs affects one another.  

It is becoming more apparent by the day that digital currency is here to stay. It will be the biggest technology revolution of mankind, resulting in massive job growth to support the rapid growth of a massive ecosystem. For a change, wealth creation in this emerging industry may not favor the just the rich. Common people, anywhere around the world, with a smart saving plan invested in the right crypto currency could accumulate significant wealth over time.

As TeeGee suggested, “A stable digital currency would protect the value of people’s savings in countries like Venezuela with high inflation.”  If DNotes can establish a sufficiently solid track record over time (two years), DNotes will be a very attractive alternative to traditional saving accounts, especially in countries with high inflation and unstable currencies.

The over expansionary monetary policy of the Federal Reserve has certainly created sufficient concerns for large holders of US dollars (USD), including China, Japan, Brazil, India and others; causing a significant devaluation of the USD relative to other major world currencies. Coupled with out of control spending, mounting national debts, and slow job growth further loss of confidence and depreciation in USD value will continue. The once mighty USD may no longer be a good store of value.

Stay tuned for my next post on the critical importance of DNotes with reliable appreciating value.

We deeply appreciate your confidence in DNotes. The DNotes community is very proud to learn that FF4DC has selected DNotes as the preferred currency. We have great respect for first responders and will be delighted to support your good cause at every opportunity.

I will personally make myself available to meet with interested individuals or groups, including speaking engagements, within driving distance of 100 miles from Chicago, and share my vision on the future of digital currency. I will also be posting an article, in the next couple of weeks, on the advantages of incorporating digital currency in fund raising for first responders. There is a huge potential windfall to use at stable currency with reliable appreciating value, such as DNotes as a store of value.

Wow! 100 pages in six months?  There should be a different yardstick just for DNotes, Lol.

Thanks. I am humbled.

New Update on Mintpal Voting:

As of 12:52 pm (CST) DNotes has received 28,077 votes, an overwhelming lead of 6,345 votes over our closest competitor. Keep voting.

Great team work has the ability to allow common people to attain uncommon results. DNotes’ inherent strength is our commitments to go the extra mile in doing things others can not or will not do. This is our theme for success. We are willing to work harder and wait longer to do things right. Great job!

You are correct. A lot of the hard work we are putting in is “waiting to be valued”. That is done by design to make the price of DNotes more stable. When the unknowns are not priced in, DNotes is more likely to be under valued. Should the price of DNotes declines to the extend of reaching the last higher low, our stake holders are a lot more confident in acquiring more DNotes for long term investment, confident that over time the value will be reflected resulting in a long-term gain of their investments. When the demand curve is reversed, the up trend continues. For this model to work best, the value of DNotes must be supported by strong fundamentals. Specifically, we cannot over- promise and under-deliver.  It is also risky for us to prematurely announce or launch products that have not been successfully tested.  We are making every attempt to avoid DNotes being priced to perfection, as there are always factors become our control that could have a negative impact.

Price stability and reliable appreciating value are the biggest challenges confronting the mass adoption of digital currencies. These include Bitcoin, DNotes and other Altcoins. There is a lack of understanding and appreciation for the three most important functions of digital currency to work well (unit of account, medium of exchange, and store of value). To be continued:

We are indeed #1 on Mintpal voting list. Thanks for the great efforts. Do not take anything for granted. Keep voting. If DNotes ended up with an all time high record, that is another achievement to be proud of.

DNotes's policy is not to disclose specifics on projects we are working or details of our development team. What I can tell you is that we have a highly qualified team working on multiple projects deemed essential in meeting our strategic objectives. However, there is an internal discussion as to whether it is appropriate to officially introduce our Lead Developer as part of our next press release in the next sixty days. To ensure that DNotes is the most stable digital currency, our strategic preference is for DNotes to be valued based on what has been delivered and not what we hope to deliver at some point in the future.

P.S. This post has been edited at the request of our Development Team's preference to remain low profile.

This is a fascinating subject, but rather tricky to accurately comment on. It is not exactly correct that no one is in charge or that there is no leadership. Since Bitcoin, and all other altcoins, including DNotes, is not owned by a single individual, group, state, or nation; so legally, no one is in charge or obligated to. This can be best labeled as “ownership at will” Hence, one can be a day trade or a long term investor with complete freedom to change ownership position without notice. This makes it nearly impossible for any altcoins to have sustainable stability. The fact that DNotes has been consistently stable is quite an accomplishment. Can it hold up over time is my challenge of the day, everyday. Having the leadership to constantly address this issue has certainly been an advantage.

The community is charge, sometime with additional help from a more formal organization, the foundation. The community can best be described as a group of individuals interested to promote and protect their self interest, in this case, their investment. As they interact with one another, one or more among them become informal leaders expected to lead in different areas. Altcoins thrive or fail by their community. They all claimed at one time or another that they have a strong community. The DNotes team recognized this as a serious weakness right at the onset. We too believe that a strong community is very important. However, what is even more important is a long term leadership commitment to provide strategic directions and funding. This allows DNotes to be managed like a real world business where someone is in charge with dependable long term leadership and strategic directions. We strategize, prioritize, plan, motivate, direct, coordinate, exploit, evaluate and make adjustments, among many things capable leaders do. Dedicated long term leadership commitment with adequate funding is critical to our success, allowing DNotes to do things others can’t or wouldn’t do.

I would venture to say that Bitcoin has done reasonably well under its current model of “No one is in charge.” Sometimes, poor leadership can be more damaging. That is another subject, perhaps for another day. All things being equal, organized groups with a good leader will out perform other groups with no leadership or poor leadership.

The high rate of failure in our industry is troubling. Perhaps being decentralized with no one in charge is a major contributor. This is an interesting subject for further discussion.

From Cryptomoms:


Quote from: Chase on Today at 01:35:03 PM
Bitcoin Fact:   Nobody is in charge!

Considering all successful major businesses ( and countries for that matter) in the world have very strong leadership, it makes me wonder how Bitcoin will fare with the way it is structured.


It has been a while since I last actively participated in Cryptomoms’s forum. I will start devoting more time supporting Cryptomom and DNotes soon. In the meantime, I just can’t skip over this leadership issue Chase alerted our attention to. I am not sure where Chase read about it. This is factual, well known, and well regarded as one of the important principals of the decentralized digital currency not controlled or owned by a single individual, group, state or nation. I will be covering these concepts in one of my future posts.


http://www.vox.com/cards/bitcoin/who-is-in-charge-of-bitcoin:

Who is in charge of Bitcoin?
No one is in charge of Bitcoin. The Bitcoin network is based on the consensus of everyone who participates in it. The rules of the Bitcoin game give everyone on the network an incentive to follow the rules that were established by Bitcoin’s founder Satoshi Nakamoto.
The standard Bitcoin software is an open source project. It is managed by Gavin Andresen, a computer programmer who was nominated for the role by Nakamoto. But not everyone on the Bitcoin network uses this software. Others have developedindependent Bitcoin implementations, and people are free to modify the official Bitcoin client for their own purposes.
Andresen is an employee of the Bitcoin Foundation, a non-profit organization that is the closest thing Bitcoin has to a public face. But while the foundation often represents the views of the Bitcoin community, it doesn’t have any formal authority over the Bitcoin network.

« Last Edit: Today at 06:05:42 PM by Shepherd »

DNotes will be six months old on August 18, 2014. When DNotes reached the age of 5 years old on February 18, 2019 Digital Currency will be a mainstream currency in global commerce with DNotes being the preferred currency. When baby Lily is ready to apply for admission to the best college of her time in 2031, at cost over $1 million she will find out that she has more than enough funds in her Baby Dnotes account to pay for it. That is the mentality of the DNotes' team and its community. We are designed to survive the test of time. We are not just a test of concept, which the author implied that many of the alt coins are. Sad reading.

Agreed. Don't take anything for granted. Keep voting. As always, we are very appreciative of your efforts and support.

Thanks. This is very helpful for people with a smart phone but have not activitated 2FA. Once you get that procress started you will find that it is not that complicated. This additional layer of security is extremely important. Be sure to add a backup smart number if one is available.

Thanks. You are right. Although DNotes is being positioned to be the preferred digital currency in global commerce, our mission is also to ensure that it offers long-term reliable appreciating value. In other words, also serves well as a store of value, or store of wealth. Our ability to demonstrate, over a reasonable period of time, (2 years) that this is achievable will make DNotes hugely desirable in many different ways. I believe that Chase can easily name 10 different programs that can be very attractive because of this feature. Baby Lily has already out-performed most professional money managers through her baby DNotes saving account in just a few weeks.

Now that I have a little more time, I will be posting on DNotes and Cryptomom’s forum more often, covering a wide range of issues. As always, we encourage your participation.

Thanks. It has always been nice to have your strong support. A lot of good things are happening for DNotes.

That is very unfortunate. I did verify that there was a period of dumping of DNotes last night of 58 "sells" in 2 minutes from 950 to 558 Sat amounting to 82332 DNotes for a total of .561589 BTC between 6:25 to 6:26 server time.

Please post your DNotes address here as some of us will like to help you out a little.

We all need to take security issues very seriously. Activating 2FA ASAP is strongly encouraged.

Yes, this move is very significant to the future success of DNotes. Unlike other crypto currencies, we will take our time to do things right. It is not about signing up a few merchant accounts for some PR but positioning DNotes to sell itself based on merits and good business sense. This will take a serious amount of time.

The single most important objective of DNotes is to be the preferred digital currency as the medium of exchange in global commerce. This will take years of hard work, many great strategic moves, relentless leadership, a great development team, and a dedicated community of stake holders working together to win the biggest price of all; mainstream merchant adoption of DNotes. When merchants begin to feel that their competitors have an unfair advantage over them for accepting DNotes, while they still don’t, we would have truly made DNotes mainstream.

With Smokeys Daylily Gardens being the first merchant to accept DNotes as payments for its products, you are witnessing a baby step of DNotes today in its long journey towards mainstream merchant adoption of the currency. DNotes was created and launched on February 18, 2014 with a clearly defined mission to be “The Digital currency of the Future with Lasting Value.” To be worthy of that destiny, DNotes must consistently demonstrate that it is a trustworthy digital currency with stable value and reliable long term appreciation. It must also be widely available with great liquidity. We are well positioned but a long way to go. We are still on the ground floor and the train is just about to leave the station.

Congratulations to Smokeys Daylily Gardens – the first merchant to accept DNotes!!!

It has been physically and mentally challenging for me the last few weeks in assisting Smokeys Daylily Gardens to move from 10 different locations and a green house in Ashley, Indiana to a single 38 acre farm in Coldwater Michigan. This has been a two year move involving millions of plants. Smokeys Daylily Gardens, which was started with a carload of daylilies from my gardens seven years ago, is now the largest grower of daylilies in the world. We made a commitment, right at the onset, to be the best in class. We also made a conscientious decision to run it as a business, not as a hobby; a common practice among our competitors. As one of our winning strategies, we are always prepared to “do things others can’t or will not do.” Less than 5% of businesses started 7 years ago will experience this level of success. Statistically, majority of them are no longer in business.

To be the best in class is a serious commitment.  It takes a special group of people who have the patience to forego instant rewards and gratifications. This is a rare breed in the crypto industry. It takes a community of dedicated stake holders who genuinely believe that working together as a group to achieve a common goal is the best way of protecting their self interest for the maximum mutual benefits of everyone. DNotes started out with a very small group of individuals who share this philosophy. While still relatively small in number, this group has noticeably grown, and expected to pick up momentum and continue to grow rapidly. The impressive show of force in the Mintpal voting efforts and the high level of support for DNotes price are good evidences to support my observations.

We are now well positioned to take DNotes to the next level. If you have not introduced DNotes to your family and friends, it is still a good time to do so. Thanks for your great efforts voting for DNotes at Mintpal. Stay tuned.

This is quite clearly a desperate move by a desperate government, and it wouldn’t be the last.  There is a serious misunderstanding on how the value of a crypto currency is established and the critical importance of sustainable value stability of the currency. Any attempts by a government to manufacture Crypto currency value out of thin air will not do much better than many of the scam coins we know of today. By definition, a given crypto currency is a global decentralized currency owned by a community of stake holders. It is not owned by an individual, an entity, a company, a state or a government. Some may think otherwise. When they do, they fail. For example, one DNotes is worth .00001 Bitcoin today, because the last buyer actually bought it at that price.

The true value of the currency is what the other party would agree to as a medium of exchange and not because Ecuador’s government told you so. If Ecuador’s government has a serious debt problem today using fiat currency, their financial problems will be compounded by switching over to include crypto currency, even in part, because by comparison, crypto moves at the speed of light verses a truck load a fiat currency by a slow moving train. Backed by “liquid assets” will quickly becomes meaningless, because they currently do not have enough of it, or they wouldn’t have a debt problem. Maintaining stability will be a nightmare resulting in serious liquidity and a bank run like the spread of a wild fire.