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TeeGee
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January 23, 2018, 08:45:56 PM |
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Thanks, Daniel. Another great article. Here is my favorite: "While the Bloomberg writers are correct about bitcoin being a peer-to-peer digital currency (well done guys), the fact that it is a liability of nobody is precisely what gives it value. The fact that it cannot be inflated or controlled by a central authority and is answerable to nobody and beholden to nobody is precisely what gives it value."
Daniel has been putting out a few great articles lately. There are several more in the works that should release soon too! I'm looking forward to reading them. |
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wiser
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January 24, 2018, 12:45:46 AM |
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Daniel has way more patience with this stuff than I do. I would have just slapped a FAKE NEWS label on it and moved on! One point that Daniel didn't cover extensively is the issue of anonymity. It's actually surprisingly easy to track crypto transactions across the block chain if you know what you're looking for. They leave more of a "paper trail" than cold hard cash. You have to work a lot harder to anonymize your transactions. I read somewhere that lots of people know Satoshi Nakamoto's original Bitcoin addresses, so that if he tried to actually spend a significant amount of his BTC, there would be thousands of people talking about it. How's that for annonymous? In fact, I believe the US government would love to have us report to them all our personal addresses so they know exactly how much we hold (and if we're paying our fair share of taxes or not). I'm frankly surprised the IRS isn't jumping all over this as a new way to audit taxpayers without having to work so hard! |
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Dyna
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January 24, 2018, 12:56:46 AM |
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Daniel has way more patience with this stuff than I do. I would have just slapped a FAKE NEWS label on it and moved on! One point that Daniel didn't cover extensively is the issue of anonymity. It's actually surprisingly easy to track crypto transactions across the block chain if you know what you're looking for. They leave more of a "paper trail" than cold hard cash. You have to work a lot harder to anonymize your transactions. I read somewhere that lots of people know Satoshi Nakamoto's original Bitcoin addresses, so that if he tried to actually spend a significant amount of his BTC, there would be thousands of people talking about it. How's that for annonymous? In fact, I believe the US government would love to have us report to them all our personal addresses so they know exactly how much we hold (and if we're paying our fair share of taxes or not). I'm frankly surprised the IRS isn't jumping all over this as a new way to audit taxpayers without having to work so hard! I thought that Daniel respectfully argued his case and mindful that at DCEBrief we want to maintain an objective balance of facts and editorial opinion. |
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Dyna
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January 24, 2018, 01:01:42 AM |
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Thanks, Daniel. Another great article. Here is my favorite: "While the Bloomberg writers are correct about bitcoin being a peer-to-peer digital currency (well done guys), the fact that it is a liability of nobody is precisely what gives it value. The fact that it cannot be inflated or controlled by a central authority and is answerable to nobody and beholden to nobody is precisely what gives it value."
Daniel has been putting out a few great articles lately. There are several more in the works that should release soon too! I'm looking forward to reading them. Thanks, Tim. Daniel must have been putting in huge efforts to write so many substantive and hard-hitting articles. We appreciate that very much. |
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DNotes (OP)
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January 24, 2018, 01:04:06 AM |
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Daniel has way more patience with this stuff than I do. I would have just slapped a FAKE NEWS label on it and moved on! One point that Daniel didn't cover extensively is the issue of anonymity. It's actually surprisingly easy to track crypto transactions across the block chain if you know what you're looking for. They leave more of a "paper trail" than cold hard cash. You have to work a lot harder to anonymize your transactions. I read somewhere that lots of people know Satoshi Nakamoto's original Bitcoin addresses, so that if he tried to actually spend a significant amount of his BTC, there would be thousands of people talking about it. How's that for annonymous? In fact, I believe the US government would love to have us report to them all our personal addresses so they know exactly how much we hold (and if we're paying our fair share of taxes or not). I'm frankly surprised the IRS isn't jumping all over this as a new way to audit taxpayers without having to work so hard! You make a good point wiser. "especially as bitcoin’s appeal rests so much on the anonymity of its users. At the moment, its comparative advantage is its usefulness for illicit purposes." from the Bloomberg article makes it sound like a tool you would only want on the dark web. It's just silly. The blockchain provides enough privacy so that you can't just go explore the blockchain and tie addresses to people, but at the same time it does leave and extensive "paper trail", as you mentioned, to follow. Only exposing your tie to an address at the time of making a purchase or exchange, and only to the entity you are making the exchange with, or at the on and off ramps for the currency. This privacy is not the reason enthusiasts are so excited about bitcoin. |
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Dyna
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January 24, 2018, 01:07:52 AM |
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Did this Nobel Prize award-winning economist, Joseph Stiglitz, really knew what he was talking about? Interesting economic theory – “ It (Bitcoin) exists because of its abuses.” Really? I simply cannot follow his logic. I got it. He has a different agenda - “ By regulating the abuses you are going to relate it out of existence.” The economist, who received the Nobel Memorial Prize in Economic Sciences, also told Bloomberg that he wanted Bitcoin to be regulated.
He said: “My feeling is that you regulate it so you cannot engage in money laundering.There would be no demand for bitcoin. By regulating the abuses you are going to relate it out of existence. It exists because of its abuses.”Bitcoin price WARNING: Crackdown on crypto is COMING warns Nobel Prize winning economistBITCOIN’S price could fall amid warnings from a Nobel Prize award-winning economist claiming a crackdown is coming for cryptocurrencies. By DARREN HUNT PUBLISHED: 21:26, Tue, Jan 23, 2018 | UPDATED: 21:30, Tue, Jan 23, 2018 Bitcoin has taken a hit over the past couple of weeks along with Ripple and etherum. Fears over government crackdowns on cryptocurrencies have caused the price of Bitcoin to fluctuate. Economist Joseph Stiglitz warned bitcoin “must” be regulated to stop money laundering. He said: “We have a good medium of exchange, called the dollar, we can trade in that. Why do people want a bitcoin? For secrecy. “Why need it? We have a perfectly good currency. We are moving towards an electronic payments mechanism. I would like us to move more towards an electronic payments mechanism but you don’t need a bitcoin for that.” The economist, who received the Nobel Memorial Prize in Economic Sciences, also told Bloomberg that he wanted Bitcoin to be regulated. He said: “My feeling is that you regulate it so you cannot engage in money laundering. “There would be no demand for bitcoin. By regulating the abuses you are going to relate it out of existence. “It exists because of its abuses. Bitcoin saw its highest value before Christmas when it reached the monumental price of just under $20,000. Bitcoin’s price has since fallen and according to CoinDesk now sits at 11,142.86 (£7,985.48) at 17.25pm (GMT) on Tuesday 23 January. Source: https://www.express.co.uk/finance/city/908859/Bitcoin-price-news-Ripple-ethereum-coindesk-cryptocurrency-latest |
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DNotes (OP)
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January 24, 2018, 01:14:29 AM |
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Chapter 5 add on concept. Beyond the Big Picture: Strategic Details Should Be Dynamic |
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TeeGee
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January 24, 2018, 01:40:19 AM |
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Did this Nobel Prize award-winning economist, Joseph Stiglitz, really knew what he was talking about? Interesting economic theory – “ It (Bitcoin) exists because of its abuses.” Really? I simply cannot follow his logic. I got it. He has a different agenda - “ By regulating the abuses you are going to relate it out of existence.” The economist, who received the Nobel Memorial Prize in Economic Sciences, also told Bloomberg that he wanted Bitcoin to be regulated.
He said: “My feeling is that you regulate it so you cannot engage in money laundering.There would be no demand for bitcoin. By regulating the abuses you are going to relate it out of existence. It exists because of its abuses.”Bitcoin price WARNING: Crackdown on crypto is COMING warns Nobel Prize winning economistBITCOIN’S price could fall amid warnings from a Nobel Prize award-winning economist claiming a crackdown is coming for cryptocurrencies. By DARREN HUNT PUBLISHED: 21:26, Tue, Jan 23, 2018 | UPDATED: 21:30, Tue, Jan 23, 2018 Bitcoin has taken a hit over the past couple of weeks along with Ripple and etherum. Fears over government crackdowns on cryptocurrencies have caused the price of Bitcoin to fluctuate. Economist Joseph Stiglitz warned bitcoin “must” be regulated to stop money laundering. He said: “We have a good medium of exchange, called the dollar, we can trade in that. Why do people want a bitcoin? For secrecy. “Why need it? We have a perfectly good currency. We are moving towards an electronic payments mechanism. I would like us to move more towards an electronic payments mechanism but you don’t need a bitcoin for that.” The economist, who received the Nobel Memorial Prize in Economic Sciences, also told Bloomberg that he wanted Bitcoin to be regulated. He said: “My feeling is that you regulate it so you cannot engage in money laundering. “There would be no demand for bitcoin. By regulating the abuses you are going to relate it out of existence. “It exists because of its abuses. Bitcoin saw its highest value before Christmas when it reached the monumental price of just under $20,000. Bitcoin’s price has since fallen and according to CoinDesk now sits at 11,142.86 (£7,985.48) at 17.25pm (GMT) on Tuesday 23 January. Source: https://www.express.co.uk/finance/city/908859/Bitcoin-price-news-Ripple-ethereum-coindesk-cryptocurrency-latestEw. Half of my university textbooks were authored by Stiglitz. He does economics, and writes from a partisan political bias. If I ever read anything else by him again, it will be too soon. His economic textbooks were in the education section of the book store, but they should be relocated to 'science fiction'. |
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TeeGee
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January 24, 2018, 02:23:05 AM
Last edit: January 24, 2018, 02:34:27 AM by TeeGee |
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Our Op-Ed response to ASB bank has been picked up by The National Business Review, one of New Zealand's largest news sources that is also likely the largest in New Zealand that targets business professionals. Unfortunately, it is behind a paywall, but it's a fair compromise for a much wider exposure to business professionals in the industry we were targeting in the article. |
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Dyna
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January 24, 2018, 04:42:39 AM |
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Our Op-Ed response to ASB bank has been picked up by The National Business Review, one of New Zealand's largest news sources that is also likely the largest in New Zealand that targets business professionals. Unfortunately, it is behind a paywall, but it's a fair compromise for a much wider exposure to business professionals in the industry we were targeting in the article. That is fantastic, Tim and Daniel. Congratulations! |
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DNotes (OP)
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January 24, 2018, 04:23:09 PM |
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Chapter 5 add on concept. Beyond the Big Picture: Strategic Details Should Be Dynamic The video series is amazing in that it drills down into the finer details. This one I believe is important on many levels. You develop your goals and strategy, in terms of where you are going. You develop your company culture and mantra, get everyone moving towards those same goals. You drill down into the details of how you are going to get there and it starts to become very dynamic. Being dynamic, open to ideas, and adapting to the current environment is extremely beneficial to reaching your goals. It is easy to confuse, you don't change your direction, or where you are going, but even with the best planning you are going to be wrong and even have to chose the path as you go sometimes. "The further you drill, the more dynamic your strategy will need to be" These strategies apply to all facets of life. Know when to be flexible, and know how to deal with challenges as they are presented. |
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Wealthway
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A Nigerian cryptocurrency advocate, let's do it
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January 24, 2018, 10:01:45 PM |
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It's just a matter of getting into good exchanges, Dnotes is good to go
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A Nigerian based Cryptocurrency Advocate: I believe strongly in TEAM work - Together, Everyone Achieves More
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DNotes (OP)
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January 24, 2018, 10:10:12 PM |
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DNotes (OP)
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January 24, 2018, 10:16:43 PM |
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It's just a matter of getting into good exchanges, Dnotes is good to go
Thanks Wealthway, that will certainly be one of our higher priorities shortly after the release of DNotes 2.0. |
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Dyna
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January 24, 2018, 10:48:26 PM |
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Amazing work, Joe. I trust that many people in our industry can benefit from your deep technical knowledge of this rapidly expanding industry. |
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TeeGee
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January 24, 2018, 11:33:29 PM |
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I could be wrong, but this may be the first article under Joe's name that I've seen yet! A very solid effort. Keep it up. I've been writing the investor pitch deck video script this week, and preparing the shots, shooting locations etc. Flying back to Australia for it early tomorrow morning. |
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Dyna
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January 24, 2018, 11:35:29 PM |
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Chapter 5 add on concept. Beyond the Big Picture: Strategic Details Should Be Dynamic The video series is amazing in that it drills down into the finer details. This one I believe is important on many levels. You develop your goals and strategy, in terms of where you are going. You develop your company culture and mantra, get everyone moving towards those same goals. You drill down into the details of how you are going to get there and it starts to become very dynamic. Being dynamic, open to ideas, and adapting to the current environment is extremely beneficial to reaching your goals. It is easy to confuse, you don't change your direction, or where you are going, but even with the best planning you are going to be wrong and even have to chose the path as you go sometimes. "The further you drill, the more dynamic your strategy will need to be" These strategies apply to all facets of life. Know when to be flexible, and know how to deal with challenges as they are presented. Thank you, Joe. I am glad that you summed it up so well. Some may wonder what has the book got to do with DNotes or even DNotes Global, Inc. A lot. The book, in fact, is a vital part of our business plan. It helps to define our vision - the final destination with all the accomplishments and by-products we all work so hard to accomplish. Ideally, that would be the day when DNotes is conveniently accessible to everyone, as the trusted digital currency, and accepted by the masses in global commerce. The book helps to define our culture, our trusted brand, how we treat our customers, stakeholders, shareholders, partners, and employees. It reminds us that no single person can accomplish much alone. But when like-minded common people, like all of us, can join force to build a single unified culture in the pursuit of common goals, that are mutually beneficial to all, there will be nothing beyond our reach. The book helps us to define one optimum path and guides us all to stay on course. That is how we will make our vision a reality. Meanwhile, we are on many missions (ecosystems, business units, NextGen VC and more) - each loaded with different goals and objectives. I hope that many of you will make an effort to read my book and watch my videos. Be generous and share what you learned. Enjoy. |
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Dyna
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January 25, 2018, 12:05:42 AM |
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I could be wrong, but this may be the first article under Joe's name that I've seen yet! A very solid effort. Keep it up. I've been writing the investor pitch deck video script this week, and preparing the shots, shooting locations etc. Flying back to Australia for it early tomorrow morning. You are correct. This is Joe's first article. He is a thought leader and has a lot to share. Our challenge is not having the time to work on our ever growing wish list. Only things that are considered "a good fit" and ranked high on our priority list get our serious attention , these days. Unfortunately, that is the sign of rapid growth early stage start-ups until we are elevated to the next level and have the resources to afford all the needed help. I just emailed you my additions to the pitch deck you are working on. Have a great trip, Tim. Thanks. |
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