DNotes 2.0 - Staking, CRISP Interest, DNotes Pay

[SmokeysGardens]

     Hey guys! Just checking in, we are wrapping up in the Daylily Gardens for the winter. I have not posted for a while, but have been keeping an eye on you guys to make sure you behave! The tractors and equipment are in the barns, irrigation system is winterized, and some of Alan’s precious breeding stock mulched. It is gonna be an exciting winter for DNotes and DNotes Global, Inc.

Smokey

[DCEBrief]

WH Press Secretary: Administration Monitoring Crypto   

https://dcebrief.com/wh-press-secretary-administration-monitoring-crypto/

[R-J-F]

"US Senate Moves to Criminalize Non-Disclosure of Cryptocurrency Ownership"

https://cointelegraph.com/news/us-senate-moves-to-criminalize-non-disclosure-of-cryptocurrency-ownership

Stand up and be heard! Stop this before it starts or we will all suffer the loss. Write, call, blog, post yell and scream. This must never see the light of day. For those of you in the US, it goes against every principle we believe in. Our country was founded on principles diametrically opposed to this proposed law.

"First they came for the Socialists, and I did not speak out—
Because I was not a Socialist."

"Then they came for the Trade Unionists, and I did not speak out—
Because I was not a Trade Unionist.

"Then they came for the Jews, and I did not speak out—
Because I was not a Jew."

"Then they came for me—and there was no one left to speak for me."

I simply can't stress how important it is to stop this nonsense. We are no better than the Nazi's if we enact this.

[kopes18]

"US Senate Moves to Criminalize Non-Disclosure of Cryptocurrency Ownership"

https://cointelegraph.com/news/us-senate-moves-to-criminalize-non-disclosure-of-cryptocurrency-ownership

Stand up and be heard! Stop this before it starts or we will all suffer the loss. Write, call, blog, post yell and scream. This must never see the light of day. For those of you in the US, it goes against every principle we believe in. Our country was founded on principles diametrically opposed to this proposed law.

"First they came for the Socialists, and I did not speak out—
Because I was not a Socialist."

"Then they came for the Trade Unionists, and I did not speak out—
Because I was not a Trade Unionist.

"Then they came for the Jews, and I did not speak out—
Because I was not a Jew."

"Then they came for me—and there was no one left to speak for me."

I simply can't stress how important it is to stop this nonsense. We are no better than the Nazi's if we enact this.

I think this is good news Crypto currency is not a hack toy anymore. The government are making ad to really compare it to FIAT, because now crypto matters.

[R-J-F]

"US Senate Moves to Criminalize Non-Disclosure of Cryptocurrency Ownership"

https://cointelegraph.com/news/us-senate-moves-to-criminalize-non-disclosure-of-cryptocurrency-ownership

Stand up and be heard! Stop this before it starts or we will all suffer the loss. Write, call, blog, post yell and scream. This must never see the light of day. For those of you in the US, it goes against every principle we believe in. Our country was founded on principles diametrically opposed to this proposed law.

"First they came for the Socialists, and I did not speak out—
Because I was not a Socialist."

"Then they came for the Trade Unionists, and I did not speak out—
Because I was not a Trade Unionist.

"Then they came for the Jews, and I did not speak out—
Because I was not a Jew."

"Then they came for me—and there was no one left to speak for me."

I simply can't stress how important it is to stop this nonsense. We are no better than the Nazi's if we enact this.

I think this is good news Crypto currency is not a hack toy anymore. The government are making ad to really compare it to FIAT, because now crypto matters.

Yes, crypto matters and that seems to be the problem, they are scared of it. Your evaluation does not go far enough. It could be blue cars or peanut butter or widgets. The point is the government should not have the right to make you report to them just because you own a thing or hold a currency or have a difference of opinion. Yes, Bitcoin is being noticed and growing exponentially but, knee jerk reactions by clueless government officials, especially the ones we elected to look out for our interests are not healthy.

What's to stop them from saying every citizen who disagrees with them must be registered? Whats to stop them from saying Bitcoin is illegal and punishment for holding it will be as a major crime? They are operating on "knee jerk" principles, they really don't understand what is going on only that it is growing and that scares them.

This law, if enacted will take away your right to privacy, free speech and the ability to simply own something that is not (yet) illegal.  Here is the email of Senator Feinstein:

https://www.feinstein.senate.gov/public/index.cfm/contact

Write her and express your opinion. Be courteous and intelligent but get your point across: We will not stand for the criminalization of Bitcoin nor will we stand for reporting the ownership of something that is not illegal.  

If you don't "nip it in the bud" it will grow to smother you and everyone around you.

[DNotes]

"US Senate Moves to Criminalize Non-Disclosure of Cryptocurrency Ownership"

https://cointelegraph.com/news/us-senate-moves-to-criminalize-non-disclosure-of-cryptocurrency-ownership

Stand up and be heard! Stop this before it starts or we will all suffer the loss. Write, call, blog, post yell and scream. This must never see the light of day. For those of you in the US, it goes against every principle we believe in. Our country was founded on principles diametrically opposed to this proposed law.

"First they came for the Socialists, and I did not speak out—
Because I was not a Socialist."

"Then they came for the Trade Unionists, and I did not speak out—
Because I was not a Trade Unionist.

"Then they came for the Jews, and I did not speak out—
Because I was not a Jew."

"Then they came for me—and there was no one left to speak for me."

I simply can't stress how important it is to stop this nonsense. We are no better than the Nazi's if we enact this.

I think this is good news Crypto currency is not a hack toy anymore. The government are making ad to really compare it to FIAT, because now crypto matters.

Attempting to interpret the implications. It would seem AML applies to cryptocurrency already. What I mean is, if you were trying to use cryptocurrency to launder money, that seems like it is already illegal. Is this strictly for those things like tumbler services to hide cryptocurrency to make it easier to follow the money? Or is there more implications to it, such as for exchanges?

[DNotes]

"US Senate Moves to Criminalize Non-Disclosure of Cryptocurrency Ownership"

https://cointelegraph.com/news/us-senate-moves-to-criminalize-non-disclosure-of-cryptocurrency-ownership

Stand up and be heard! Stop this before it starts or we will all suffer the loss. Write, call, blog, post yell and scream. This must never see the light of day. For those of you in the US, it goes against every principle we believe in. Our country was founded on principles diametrically opposed to this proposed law.

"First they came for the Socialists, and I did not speak out—
Because I was not a Socialist."

"Then they came for the Trade Unionists, and I did not speak out—
Because I was not a Trade Unionist.

"Then they came for the Jews, and I did not speak out—
Because I was not a Jew."

"Then they came for me—and there was no one left to speak for me."

I simply can't stress how important it is to stop this nonsense. We are no better than the Nazi's if we enact this.

I think this is good news Crypto currency is not a hack toy anymore. The government are making ad to really compare it to FIAT, because now crypto matters.

Yes, crypto matters and that seems to be the problem, they are scared of it. Your evaluation does not go far enough. It could be blue cars or peanut butter or widgets. The point is the government should not have the right to make you report to them just because you own a thing or hold a currency or have a difference of opinion. Yes, Bitcoin is being noticed and growing exponentially but, knee jerk reactions by clueless government officials, especially the ones we elected to look out for our interests are not healthy.

What's to stop them from saying every citizen who disagrees with them must be registered? Whats to stop them from saying Bitcoin is illegal and punishment for holding it will be as a major crime? They are operating on "knee jerk" principles, they really don't understand what is going on only that it is growing and that scares them.

This law, if enacted will take away your right to privacy, free speech and the ability to simply own something that is not (yet) illegal.  Here is the email of Senator Feinstein:

https://www.feinstein.senate.gov/public/index.cfm/contact

Write her and express your opinion. Be courteous and intelligent but get your point across: We will not stand for the criminalization of Bitcoin nor will we stand for reporting the ownership of something that is not illegal.  

If you don't "nip it in the bud" it will grow to smother you and everyone around you.

I'm not sure "US Senate Moves to Criminalize Non-Disclosure of Cryptocurrency Ownership" seems to be an accurate representation of the amendment. It doesn't seem like it is saying people have to report their holdings based on the proposed amendment. The amendment is to include terminology for financial institutions to include, “An issuer, redeemer, or cashier of prepaid access devices, digital currency, or any digital exchanger or tumbler of digital currency.”. There may be some problems here, but I want to ensure I fully understand what the problems or implications may be.

[Dyna]

"US Senate Moves to Criminalize Non-Disclosure of Cryptocurrency Ownership"

https://cointelegraph.com/news/us-senate-moves-to-criminalize-non-disclosure-of-cryptocurrency-ownership

Stand up and be heard! Stop this before it starts or we will all suffer the loss. Write, call, blog, post yell and scream. This must never see the light of day. For those of you in the US, it goes against every principle we believe in. Our country was founded on principles diametrically opposed to this proposed law.

"First they came for the Socialists, and I did not speak out—
Because I was not a Socialist."

"Then they came for the Trade Unionists, and I did not speak out—
Because I was not a Trade Unionist.

"Then they came for the Jews, and I did not speak out—
Because I was not a Jew."

"Then they came for me—and there was no one left to speak for me."

I simply can't stress how important it is to stop this nonsense. We are no better than the Nazi's if we enact this.

I think this is good news Crypto currency is not a hack toy anymore. The government are making ad to really compare it to FIAT, because now crypto matters.

Yes, crypto matters and that seems to be the problem, they are scared of it. Your evaluation does not go far enough. It could be blue cars or peanut butter or widgets. The point is the government should not have the right to make you report to them just because you own a thing or hold a currency or have a difference of opinion. Yes, Bitcoin is being noticed and growing exponentially but, knee jerk reactions by clueless government officials, especially the ones we elected to look out for our interests are not healthy.

What's to stop them from saying every citizen who disagrees with them must be registered? Whats to stop them from saying Bitcoin is illegal and punishment for holding it will be as a major crime? They are operating on "knee jerk" principles, they really don't understand what is going on only that it is growing and that scares them.

This law, if enacted will take away your right to privacy, free speech and the ability to simply own something that is not (yet) illegal.  Here is the email of Senator Feinstein:

https://www.feinstein.senate.gov/public/index.cfm/contact

Write her and express your opinion. Be courteous and intelligent but get your point across: We will not stand for the criminalization of Bitcoin nor will we stand for reporting the ownership of something that is not illegal.  

If you don't "nip it in the bud" it will grow to smother you and everyone around you.

I'm not sure "US Senate Moves to Criminalize Non-Disclosure of Cryptocurrency Ownership" seems to be an accurate representation of the amendment. It doesn't seem like it is saying people have to report their holdings based on the proposed amendment. The amendment is to include terminology for financial institutions to include, “An issuer, redeemer, or cashier of prepaid access devices, digital currency, or any digital exchanger or tumbler of digital currency.”. There may be some problems here, but I want to ensure I fully understand what the problems or implications may be.

This is not a good thing, especially at the infancy of an immense technology breakthrough that is already pointing to many positive world-changing opportunities. I am for light-weight reasonable regulation at this early growth stage. But, I am deeply concerned that some of our political leadership has rushed to judgement with insufficient knowledge and understanding of the technologies and many complex issues including -  many bad actors and scammers.

“An issuer, redeemer, or cashier of prepaid access devices, digital currency, or any digital exchanger or tumbler of digital currency.”
This is the classic case of casting a very wide net. Does it mean that we have to account for our pocket change we put in the shoes-box and report that too or the coupons used to save a dollar for things we can’t otherwise afford? That would be far over-reaching. However, when applied to digital currency, it is important to be mindful that we are dealing with a very different world moving at the speed of light.  

“If passed, the bill would likely have far-reaching effects for users of digital currencies both in the US and abroad.”
I am afraid so. Do what you can and call your Representatives and let them know how you feel about it.

[Chase]

"US Senate Moves to Criminalize Non-Disclosure of Cryptocurrency Ownership"

https://cointelegraph.com/news/us-senate-moves-to-criminalize-non-disclosure-of-cryptocurrency-ownership

Stand up and be heard! Stop this before it starts or we will all suffer the loss. Write, call, blog, post yell and scream. This must never see the light of day. For those of you in the US, it goes against every principle we believe in. Our country was founded on principles diametrically opposed to this proposed law.

"First they came for the Socialists, and I did not speak out—
Because I was not a Socialist."

"Then they came for the Trade Unionists, and I did not speak out—
Because I was not a Trade Unionist.

"Then they came for the Jews, and I did not speak out—
Because I was not a Jew."

"Then they came for me—and there was no one left to speak for me."

I simply can't stress how important it is to stop this nonsense. We are no better than the Nazi's if we enact this.

I think this is good news Crypto currency is not a hack toy anymore. The government are making ad to really compare it to FIAT, because now crypto matters.

Yes, crypto matters and that seems to be the problem, they are scared of it. Your evaluation does not go far enough. It could be blue cars or peanut butter or widgets. The point is the government should not have the right to make you report to them just because you own a thing or hold a currency or have a difference of opinion. Yes, Bitcoin is being noticed and growing exponentially but, knee jerk reactions by clueless government officials, especially the ones we elected to look out for our interests are not healthy.

What's to stop them from saying every citizen who disagrees with them must be registered? Whats to stop them from saying Bitcoin is illegal and punishment for holding it will be as a major crime? They are operating on "knee jerk" principles, they really don't understand what is going on only that it is growing and that scares them.

This law, if enacted will take away your right to privacy, free speech and the ability to simply own something that is not (yet) illegal.  Here is the email of Senator Feinstein:

https://www.feinstein.senate.gov/public/index.cfm/contact

Write her and express your opinion. Be courteous and intelligent but get your point across: We will not stand for the criminalization of Bitcoin nor will we stand for reporting the ownership of something that is not illegal.  

If you don't "nip it in the bud" it will grow to smother you and everyone around you.

I'm not sure "US Senate Moves to Criminalize Non-Disclosure of Cryptocurrency Ownership" seems to be an accurate representation of the amendment. It doesn't seem like it is saying people have to report their holdings based on the proposed amendment. The amendment is to include terminology for financial institutions to include, “An issuer, redeemer, or cashier of prepaid access devices, digital currency, or any digital exchanger or tumbler of digital currency.”. There may be some problems here, but I want to ensure I fully understand what the problems or implications may be.

This is not a good thing, especially at the infancy of an immense technology breakthrough that is already pointing to many positive world-changing opportunities. I am for light-weight reasonable regulation at this early growth stage. But, I am deeply concerned that some of our political leadership has rushed to judgement with insufficient knowledge and understanding of the technologies and many complex issues including -  many bad actors and scammers.

“An issuer, redeemer, or cashier of prepaid access devices, digital currency, or any digital exchanger or tumbler of digital currency.”
This is the classic case of casting a very wide net. Does it mean that we have to account for our pocket change we put in the shoes-box and report that too or the coupons used to save a dollar for things we can’t otherwise afford? That would be far over-reaching. However, when applied to digital currency, it is important to be mindful that we are dealing with a very different world moving at the speed of light.  

“If passed, the bill would likely have far-reaching effects for users of digital currencies both in the US and abroad.”
I am afraid so. Do what you can and call your Representatives and let them know how you feel about it.

Is this not just an extension of already existing money laundering laws where you have to declare movements of $10,000 or more? In this case the "financial agencies" would have to maintain adequate records on these customers (KYC rules, etc).

The proposed changes are below in red:

(1) ‘‘financial agency’’ means a person acting
for a person (except for a country, a monetary
or financial authority acting as a monetary or
financial authority, or an international financial
institution of which the United States
Government is a member) as a financial institution,
bailee, depository trustee, or agent, or
acting in a similar way related to money,
credit, securities, gold, or a transaction in
money, credit, securities, or gold.
(2) ‘‘financial institution’’ means—
(A) an insured bank (as defined in section
3(h) of the Federal Deposit Insurance Act (12
U.S.C. 1813(h)));
(B) a commercial bank or trust company;
(C) a private banker;
(D) an agency or branch of a foreign bank
in the United States;
(E) any credit union;
(F) a thrift institution;
(G) a broker or dealer registered with the
Securities and Exchange Commission under
the Securities Exchange Act of 1934 (15
U.S.C. 78a et seq.);
(H) a broker or dealer in securities or commodities;
(I) an investment banker or investment
company;
(J) a currency exchange;
***(K) an issuer, redeemer, or cashier of travelers’
checks, checks, money orders, prepaid access devices, digital currency, or similar
instruments, or any digital exchanger or tumbler of digital currency;


(3) ‘‘monetary instruments’’ means—
(A) United States coins and currency;
***(B) as the Secretary may prescribe by regulation,
coins and currency of a foreign
country, travelers’ checks, bearer negotiable
instruments, bearer investment securities,
bearer securities, stock on which title is
passed on delivery, prepaid access devices, and similar material; and...

https://www.gpo.gov/fdsys/pkg/USCODE-2016-title31/pdf/USCODE-2016-title31-subtitleIV-chap53-subchapII-sec5312.pd

[DNotes]

Working on the next chapter of Four Pillars videos, Chapter 6 is now available and the Chapter 6 concepts will be available later today.

Chapter 6 - Execution

https://youtu.be/2TZS7hgtz_k

Chapter 6 Concepts 1 & 2

Measuring Execution Success

https://youtu.be/Y7RGXQDWAIw

For Better Execution, Push from the Top

https://youtu.be/mWD8QWB7-iU

Chapter 6 Concepts 3 & 4

Avoiding Strategic Execution Failure

https://youtu.be/_TxCoNEL7h4

Communicating Strategy and Execution

https://youtu.be/1j8qiBV7lgY

[TimMarsh]

"US Senate Moves to Criminalize Non-Disclosure of Cryptocurrency Ownership"

https://cointelegraph.com/news/us-senate-moves-to-criminalize-non-disclosure-of-cryptocurrency-ownership

Stand up and be heard! Stop this before it starts or we will all suffer the loss. Write, call, blog, post yell and scream. This must never see the light of day. For those of you in the US, it goes against every principle we believe in. Our country was founded on principles diametrically opposed to this proposed law.

"First they came for the Socialists, and I did not speak out—
Because I was not a Socialist."

"Then they came for the Trade Unionists, and I did not speak out—
Because I was not a Trade Unionist.

"Then they came for the Jews, and I did not speak out—
Because I was not a Jew."

"Then they came for me—and there was no one left to speak for me."

I simply can't stress how important it is to stop this nonsense. We are no better than the Nazi's if we enact this.

I think this is good news Crypto currency is not a hack toy anymore. The government are making ad to really compare it to FIAT, because now crypto matters.

Yes, crypto matters and that seems to be the problem, they are scared of it. Your evaluation does not go far enough. It could be blue cars or peanut butter or widgets. The point is the government should not have the right to make you report to them just because you own a thing or hold a currency or have a difference of opinion. Yes, Bitcoin is being noticed and growing exponentially but, knee jerk reactions by clueless government officials, especially the ones we elected to look out for our interests are not healthy.

What's to stop them from saying every citizen who disagrees with them must be registered? Whats to stop them from saying Bitcoin is illegal and punishment for holding it will be as a major crime? They are operating on "knee jerk" principles, they really don't understand what is going on only that it is growing and that scares them.

This law, if enacted will take away your right to privacy, free speech and the ability to simply own something that is not (yet) illegal.  Here is the email of Senator Feinstein:

https://www.feinstein.senate.gov/public/index.cfm/contact

Write her and express your opinion. Be courteous and intelligent but get your point across: We will not stand for the criminalization of Bitcoin nor will we stand for reporting the ownership of something that is not illegal.  

If you don't "nip it in the bud" it will grow to smother you and everyone around you.

I'm not sure "US Senate Moves to Criminalize Non-Disclosure of Cryptocurrency Ownership" seems to be an accurate representation of the amendment. It doesn't seem like it is saying people have to report their holdings based on the proposed amendment. The amendment is to include terminology for financial institutions to include, “An issuer, redeemer, or cashier of prepaid access devices, digital currency, or any digital exchanger or tumbler of digital currency.”. There may be some problems here, but I want to ensure I fully understand what the problems or implications may be.

This is not a good thing, especially at the infancy of an immense technology breakthrough that is already pointing to many positive world-changing opportunities. I am for light-weight reasonable regulation at this early growth stage. But, I am deeply concerned that some of our political leadership has rushed to judgement with insufficient knowledge and understanding of the technologies and many complex issues including -  many bad actors and scammers.

“An issuer, redeemer, or cashier of prepaid access devices, digital currency, or any digital exchanger or tumbler of digital currency.”
This is the classic case of casting a very wide net. Does it mean that we have to account for our pocket change we put in the shoes-box and report that too or the coupons used to save a dollar for things we can’t otherwise afford? That would be far over-reaching. However, when applied to digital currency, it is important to be mindful that we are dealing with a very different world moving at the speed of light.  

“If passed, the bill would likely have far-reaching effects for users of digital currencies both in the US and abroad.”
I am afraid so. Do what you can and call your Representatives and let them know how you feel about it.

Thanks for sounding the alarm R-J-F, this does look like the thin edge of the wedge, and if not pushed back against could erode freedom in many ways as you insightfully pointed out. But even so, it is a trade I would be willing to make if it encompassed everything relating to:

"bill S.1241 that aims to criminalize the intentional concealment of ownership or control of a financial account."

This is because it would include concealing funds by running shelf companies in countries with financial laws that encourage hiding wealth. It would include bank accounts that are being used to give and receive bribes. It would include bank accounts in countries that ask no questions and strictly maintain privacy. These accounts are used for siphoning off a country's wealth into the accounts of political leaders and their families. All this seems great.

But it would be very unfair to mandate all cryptocurrency holdings are declared, but not mandate all cash or other instruments of transferable value are not also declared. 

I don't know how it is in the US, but in Australia you can't make a law that can't be enforced. And you can't make a law that enables enforcers to use a wide amount of discretion. So a law must be specific enough that all infringements should be charged. This stops the law from being used as a tool to harass or coerce individuals.

As I understand it, KYC laws are aimed at stopping criminals from laundering money, and to stop terrorists from accessing funds. But unfortunately the term 'criminal' for KYC seems focused on drugs and theft, not white collar crime, abuse of position, or tax evasion. So what instruments KYC applies to appears to be the tools for transferring value that drug dealers have access to, but exclude the tools for transferring value used by tax evaders.

Does anyone want to help me set up an ICO for ArtCoin? "It is not a cryptocurrency, it is art." Every address on the blockchain is an expression of the beauty uncovered by mathematics. Owning an ArtCoin is the same as owning any other piece of art and is subject to those same laws." Or as Rene Margritte would have said if discussing the treachery of cryptocurrency, "This is not an alt-coin."

[wiser]

This is a great article explaining what Bitcoin and cryptocurrencies are, and why they are valuable, why they might turn out to not be valuable. It's probably one of the best nontechnical explanations for the entire cryptocurrency phenomenon I've read in a long time. I learned a lot reading it.

https://blog.chain.com/a-letter-to-jamie-dimon-de89d417cb80

[kopes18]

"US Senate Moves to Criminalize Non-Disclosure of Cryptocurrency Ownership"

https://cointelegraph.com/news/us-senate-moves-to-criminalize-non-disclosure-of-cryptocurrency-ownership

Stand up and be heard! Stop this before it starts or we will all suffer the loss. Write, call, blog, post yell and scream. This must never see the light of day. For those of you in the US, it goes against every principle we believe in. Our country was founded on principles diametrically opposed to this proposed law.

"First they came for the Socialists, and I did not speak out—
Because I was not a Socialist."

"Then they came for the Trade Unionists, and I did not speak out—
Because I was not a Trade Unionist.

"Then they came for the Jews, and I did not speak out—
Because I was not a Jew."

"Then they came for me—and there was no one left to speak for me."

I simply can't stress how important it is to stop this nonsense. We are no better than the Nazi's if we enact this.

I think this is good news Crypto currency is not a hack toy anymore. The government are making ad to really compare it to FIAT, because now crypto matters.

Yes, crypto matters and that seems to be the problem, they are scared of it. Your evaluation does not go far enough. It could be blue cars or peanut butter or widgets. The point is the government should not have the right to make you report to them just because you own a thing or hold a currency or have a difference of opinion. Yes, Bitcoin is being noticed and growing exponentially but, knee jerk reactions by clueless government officials, especially the ones we elected to look out for our interests are not healthy.

What's to stop them from saying every citizen who disagrees with them must be registered? Whats to stop them from saying Bitcoin is illegal and punishment for holding it will be as a major crime? They are operating on "knee jerk" principles, they really don't understand what is going on only that it is growing and that scares them.

This law, if enacted will take away your right to privacy, free speech and the ability to simply own something that is not (yet) illegal.  Here is the email of Senator Feinstein:

https://www.feinstein.senate.gov/public/index.cfm/contact

Write her and express your opinion. Be courteous and intelligent but get your point across: We will not stand for the criminalization of Bitcoin nor will we stand for reporting the ownership of something that is not illegal.  

If you don't "nip it in the bud" it will grow to smother you and everyone around you.

From my perspective this is ok, because the way how crypto currency works is to resist censorship or find the balance between them. People can choose what they want. If necessary, it can only drive the technology to many another way. If nobody get involved and stop crypto currency there won't be ZoinCoin, LiteCoin, Tezos and many other. The harder the environment the stronger it will be. It's just the beginning.

[gavrilo77]

With all respect to all Note members, how people can be convinced that some development is going on

[DCEBrief]

UK Minister Signals Crypto Regulation in Works

https://dcebrief.com/uk-minister-signals-crypto-regulation-in-works/

[cf_mm]

I’ve championed this coin for so long. Done videos, tweets etc etc.

I visit here from time to time, and see these very long well worded comments, and responses.. which is nice.

What about DNOTES? What about 2.0?

Very close to selling and moving on.

[DNotes]

With all respect to all Note members, how people can be convinced that some development is going on

I’ve championed this coin for so long. Done videos, tweets etc etc.

I visit here from time to time, and see these very long well worded comments, and responses.. which is nice.

What about DNOTES? What about 2.0?

Very close to selling and moving on.

Thank you both for your support!

We are working on the development of DNotes 2.0, you can see some of the updates on Github and our Screen Shots. It will be a full C# conversion, and Ken our main programmer, will be providing a major update soon.

A few of our other larger projects include:

Created the Four Pillars book and membership site and we are working on 70+ video course, which is more than half way complete and we are trying to get everything recorded by the end of the year and published soon after. The book and content will be part of our program for NextGenVC.

Working on a real world crowdfunding project that will likely be Reg A+ Mini IPO Title IV Tier 2 for DNotes Global Inc. With the intention of making sure everyone has the opportunity to invest, not just accredited investors. This will open up the opportunity to begin a large scale promotional effort for not only DNotes Global Inc, but by extension DNotes as well. There is a lot involved, legal counsel, third party escrow, and following all of the legal guidelines for the website and handling investors. The funding will allow us the ability to exponentially expand our development program, launch our NextGenVC initiative, among other things to jump start the growth and reach of DNotes.

I can sympathize, this is a fast paced industry with a lot going on, but at the end of the day we are taking the long view and trying to do the right things at the right time and the right way. We cannot offer investment advice and we always try to ensure everyone understands this is a long term project and not to invest more than one can afford to lose. At the same time, I would feel terrible if those that invested in DNotes exited before we were able to make a huge push to really give it our best effort to make the world see our vision and bring it to fruition.

[DNotes]

This is a great article explaining what Bitcoin and cryptocurrencies are, and why they are valuable, why they might turn out to not be valuable. It's probably one of the best nontechnical explanations for the entire cryptocurrency phenomenon I've read in a long time. I learned a lot reading it.

https://blog.chain.com/a-letter-to-jamie-dimon-de89d417cb80

Thanks wiser, great article! I read every word, but I think there are many points of interest missing from the equation, here are just a few.

Participation. People love to participate in things. Cryptocurrency, ICO's, all of the successful projects are built around the fact that everyone can participate and benefit from that participation. People will even sacrifice some functionality or ease of use for the ability to truly participate. This is why youtube is wildly successful, but it is starting to go the other way where only certain people and ideas can fully participate.

Incorruptible governance and issuance, relative to consensus. Like the issuance of money everywhere in the world, it is confusing and often corrupted to the point where many people suffer and just a few benefit. This is playing out all over the world and virtually no currency is immune, only to what extent. The incorruptible part is a little more complicated, just like bitcoin and all the forks. You may create your own fork, but unless you get other people to agree to use, as well as convince everyone not to use the original, the original will continue, or exists in it's own world despite the incompatible new rule set. The great thing is, you don't have to even agree with consensus, and start your own little consensus.

Centralized integration. All of the considerations in article exclude the posibility for a third party to take advantage of the best of the benefits of cryptocurrency and blockchain technology. The participation effect, the incorruptible governance and issuance, among many other things, and solve the other issues externally.

We understand the problems raised in the article, among others, and came to the realization that there is a best of both worlds by mixing the awesome decentralized world with the necessary centralized world and it all started with the company and shared stake concept.

[DNotes]

Thank you to everyone who believes in DNotes enough to contribute their offline holdings to the DNotesVault guarantee fund. We are now increased to 30,150,000 DNotes for the guarantee fund. DNotesVault has just under 4,000 unique user accounts now.

[Dyna]

This is a great article explaining what Bitcoin and cryptocurrencies are, and why they are valuable, why they might turn out to not be valuable. It's probably one of the best nontechnical explanations for the entire cryptocurrency phenomenon I've read in a long time. I learned a lot reading it.

https://blog.chain.com/a-letter-to-jamie-dimon-de89d417cb80

Thanks wiser, great article! I read every word, but I think there are many points of interest missing from the equation, here are just a few.

Participation. People love to participate in things. Cryptocurrency, ICO's, all of the successful projects are built around the fact that everyone can participate and benefit from that participation. People will even sacrifice some functionality or ease of use for the ability to truly participate. This is why youtube is wildly successful, but it is starting to go the other way where only certain people and ideas can fully participate.

Incorruptible governance and issuance, relative to consensus. Like the issuance of money everywhere in the world, it is confusing and often corrupted to the point where many people suffer and just a few benefit. This is playing out all over the world and virtually no currency is immune, only to what extent. The incorruptible part is a little more complicated, just like bitcoin and all the forks. You may create your own fork, but unless you get other people to agree to use, as well as convince everyone not to use the original, the original will continue, or exists in it's own world despite the incompatible new rule set. The great thing is, you don't have to even agree with consensus, and start your own little consensus.

Centralized integration. All of the considerations in article exclude the posibility for a third party to take advantage of the best of the benefits of cryptocurrency and blockchain technology. The participation effect, the incorruptible governance and issuance, among many other things, and solve the other issues externally.

We understand the problems raised in the article, among others, and came to the realization that there is a best of both worlds by mixing the awesome decentralized world with the necessary centralized world and it all started with the company and shared stake concept.

Excellent article. Very creative writer. I agree with most of his points - like - most people do not understand what is going. Yes, many, including large investors and regulators are clueless!

Here is my favorite: "Remember how no single entity operates these networks. The flip side is that there is no good way to make decision or govern them."  It is leaderless and no single individual or entity controls it. It can be chaotic and self-destructive. That is the biggest problem DNotes has been trying to solve the past four years. Unfortunately, most people are clueless as to what DNotes has been doing and why we have elected to travel a very different path doing the right at the right time.

I agree with his argument that, legal or not, ICO is basically free money. "It's never been this good for entrepreneurs, even in the 90s dot-com boom. ... After all, an ICO lets you exit before you even launch." Above all, you don't even have to give up any ownership or voting rights.

This is too good to be true. But remember what Abraham Lincoln said, "You can fool all the people some of the time, and some of the people all the time, but you cannot fool all the people all the time." Abraham Lincoln
Read more at: https://www.brainyquote.com/quotes/abraham_lincoln_110340

There got to be a better way. That is what DNotes is all about. We are working very hard to show you how you can participate and be a part of the best of both worlds - the centralized world and the decentralized world. Neither one is perfect. Together they compliment each other to become awesome. This is the DNotes Global, Inc. business model. As ICOs implode, we may be onto something.