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halinyo
Legendary
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Activity: 1106
Merit: 1000
The future is bright with DigiByte.
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January 28, 2015, 12:16:12 PM
Last edit: January 28, 2015, 01:19:51 PM by halinyo |
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Jared, I have came up with this Nubit thing, https://www.youtube.com/watch?x-yt-cl=84838260&v=D_imtRPCKCg&x-yt-ts=1422327029#t=45They have NuShares now, https://www.nubits.com/nushares/introduction to stabilize the market price at 1 Dollar. I think the idea is really great and PeerCoin was also looking ways to get it implemented into PeerCoin a while back and they will do it sometime later (maybe). Any idea if we can get it implemented into DigiByte before PeerCoin ?  I think DigiByte, in that case, might need to switch to POW/POS scheme though! PeerCoin is very slow in development right now, since their core devs moved their interests to NuBits. This could be a chance for us to adapt their scheme if it is open source yet. |
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CryptoRaver
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January 28, 2015, 12:16:25 PM |
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Bad! Kenny rokven  |
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The_Cashier
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January 28, 2015, 01:57:06 PM |
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Looks professional  |
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24hralttrade
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January 28, 2015, 02:02:40 PM |
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Looks professional The things you see @ 9:55 It looks like we are heading towards that! ATM,Debit cards,digibyte exchange and money transmitter license  |
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CryptoRaver
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January 28, 2015, 02:12:09 PM |
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Yes so freaking excited  |
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abonarea
Legendary
Offline
Activity: 1526
Merit: 1003
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January 28, 2015, 02:17:21 PM |
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Some need some bitcoin on cryptsy someone wants his buyorders to get filled. Its a good time to buy I am buying not large quantity little but constantly to raise my stock as up as I can for better future.It is great time to buy DGB. |
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halinyo
Legendary
Offline
Activity: 1106
Merit: 1000
The future is bright with DigiByte.
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January 28, 2015, 02:30:11 PM |
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if that plan goes through imagine what would a happen, in the world of cryptocoins
Well, you never know what might happen. The governments and banks can just copy the open source codes and implement their own blockchain like coins and allow it to be exchanged it with FIAT, without publicly allowing exchange on their coin unless you dont create an official account on their banking system? And this way, all the minor coins die right away including some dark style coins... Maybe only BTC, LTC and PPC will survive in that case  Imagine all solid companies create their own coins ? Apple will have a coin named ICoin and company shares will be sold in ICoin or any other FIAT and you can use ICoin to buy Apple products or where ever it can be used. Or maybe the founders of the coin should officially create a company or banking system for its use if that is really worth it. Dont know... ? If banks only copy the blockchain system, all existing coins may still have a great chance to die since there will be no need for them any more. Time will tell. |
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CryptoRaver
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January 28, 2015, 03:19:40 PM |
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if that plan goes through imagine what would a happen, in the world of cryptocoins
Well, you never know what might happen. The governments and banks can just copy the open source codes and implement their own blockchain like coins and allow it to be exchanged it with FIAT, without publicly allowing exchange on their coin unless you dont create an official account on their banking system? And this way, all the minor coins die right away including some dark style coins... Maybe only BTC, LTC and PPC will survive in that case Imagine all solid companies create their own coins ? Apple will have a coin named ICoin and company shares will be sold in ICoin or any other FIAT and you can use ICoin to buy Apple products or where ever it can be used. Or maybe the founders of the coin should officially create a company or banking system for its use if that is really worth it. Dont know... ? If banks only copy the blockchain system, all existing coins may still have a great chance to die since there will be no need for them any more. Time will tell. We have to take the governments in to the ring ugh https://www.youtube.com/watch?v=IbB01TkcelM |
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CryptoRaver
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January 28, 2015, 03:48:07 PM |
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Looks professional The things you see @ 9:55 It looks like we are heading towards that! ATM,Debit cards,digibyte exchange and money transmitter license Don't forget your morning coffee |
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RJF
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January 28, 2015, 04:19:25 PM |
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if that plan goes through imagine what would a happen, in the world of cryptocoins
Well, you never know what might happen. The governments and banks can just copy the open source codes and implement their own blockchain like coins and allow it to be exchanged it with FIAT, without publicly allowing exchange on their coin unless you dont create an official account on their banking system? And this way, all the minor coins die right away including some dark style coins... Maybe only BTC, LTC and PPC will survive in that case Imagine all solid companies create their own coins ? Apple will have a coin named ICoin and company shares will be sold in ICoin or any other FIAT and you can use ICoin to buy Apple products or where ever it can be used. Or maybe the founders of the coin should officially create a company or banking system for its use if that is really worth it. Dont know... ? If banks only copy the blockchain system, all existing coins may still have a great chance to die since there will be no need for them any more. Time will tell. There will always be competition. Is there only one brand of car, television, breakfast cereal etc? Humans were made to compete. We see something new and say "I can do better!" and the competition is on. Problem is we are still trying to figure out what the core product is and how to compete in that market. May the best coins win... |
DNotesVault“First, they ignore you. Then, they laugh at you. Then, they fight you. Then you win!” – Mahatma Gandhi Prepare for your future now, check out CRISP For Retirement and our complete family of CRISP savings plans. |
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ycagel
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January 28, 2015, 05:41:46 PM |
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New floor being generated. Good for DGB. YC Bey bye 20s we going to the moon now  |
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lab rat hoax
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January 28, 2015, 07:31:38 PM |
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Digibyte. The best thing since sliced Bitcoin.
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ycagel
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January 28, 2015, 07:42:52 PM |
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Love it! YC Digibyte. The best thing since sliced Bitcoin.
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,./,./
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January 28, 2015, 09:28:13 PM
Last edit: January 28, 2015, 09:46:36 PM by ,./,./ |
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does anyone now where I can download the digibyte minner (is it open source?)
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ycagel
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January 29, 2015, 04:50:01 AM |
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How can we use some of this guidance to continue having DGB lead the pack? Kate Knibbs
Today 3:40pm
Bill Gates: Digital Currency Can Help the Poor, But Not Bitcoin
Bill Gates has high hopes for digital currency as an important banking tool for the poor. But Bitcoin isn't one of those currencies, he said in a Reddit AMA today. At least not in its current form.
Gates extolled the value of digital currency in his AMA last year as well, explaining that since many poor people in developing countries don't have access to traditional banking, it's not financially worth it for banks to put branches in areas where the amounts stored and transferred are so small, leaving the poor at a huge disadvantage when it comes to exchanging, saving, and accessing money.
Mobile banking costs almost nothing to process, so it actually is worthwhile for banks to provide the service. That means digital money offers an opportunity for mobile banking, and hence the Bill and Melinda Gates Foundation is so gung-ho about giving people more ways to store their money.
So why not Bitcoin? The billionaire philanthropist and redditor called it "an exciting new technology" in today's AMA, but he doesn't think it's a very good tool to make banking easier in emerging markets because it's so volatile and because it's anonymous:
We don't use bitcoin specifically for two reasons. One is that the poor shouldn't have a currency whose value goes up and down a lot compared to their local currency. Second is that if a mistake is made in who you pay then you need to be able to reverse it so anonymity wouldn't work.
Bitcoin has been touted as a potentially revolutionary banking tool for the poor, and it's likely Gates' remarks will rankle the community. But he did offer an alternative, highlighting the uses of local digital currency like Kenya's M-Pesa over anonymous cryptocurrencies:
The foundation is involved in digital money but unlike Bitcoin it would not be anonymous digital money. In Kenya M-pesa is being used for almost half of all transactions. Digital money has low transaction costs which is great for the poor because they need to do financial transactions with small amounts of money. Over the next 5 years I think digital money will catch on in India and parts of Africa and help the poorest a lot. Source: http://gizmodo.com/bill-gates-digital-currency-can-help-the-poor-but-not-1682346647 |
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DigiByte (OP)
Legendary
Offline
Activity: 1722
Merit: 1051
Official DigiByte Account
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January 29, 2015, 06:48:27 AM |
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How can we use some of this guidance to continue having DGB lead the pack? Kate Knibbs
Today 3:40pm
Bill Gates: Digital Currency Can Help the Poor, But Not Bitcoin
Bill Gates has high hopes for digital currency as an important banking tool for the poor. But Bitcoin isn't one of those currencies, he said in a Reddit AMA today. At least not in its current form.
Gates extolled the value of digital currency in his AMA last year as well, explaining that since many poor people in developing countries don't have access to traditional banking, it's not financially worth it for banks to put branches in areas where the amounts stored and transferred are so small, leaving the poor at a huge disadvantage when it comes to exchanging, saving, and accessing money.
Mobile banking costs almost nothing to process, so it actually is worthwhile for banks to provide the service. That means digital money offers an opportunity for mobile banking, and hence the Bill and Melinda Gates Foundation is so gung-ho about giving people more ways to store their money.
So why not Bitcoin? The billionaire philanthropist and redditor called it "an exciting new technology" in today's AMA, but he doesn't think it's a very good tool to make banking easier in emerging markets because it's so volatile and because it's anonymous:
We don't use bitcoin specifically for two reasons. One is that the poor shouldn't have a currency whose value goes up and down a lot compared to their local currency. Second is that if a mistake is made in who you pay then you need to be able to reverse it so anonymity wouldn't work.
Bitcoin has been touted as a potentially revolutionary banking tool for the poor, and it's likely Gates' remarks will rankle the community. But he did offer an alternative, highlighting the uses of local digital currency like Kenya's M-Pesa over anonymous cryptocurrencies:
The foundation is involved in digital money but unlike Bitcoin it would not be anonymous digital money. In Kenya M-pesa is being used for almost half of all transactions. Digital money has low transaction costs which is great for the poor because they need to do financial transactions with small amounts of money. Over the next 5 years I think digital money will catch on in India and parts of Africa and help the poorest a lot. Source: http://gizmodo.com/bill-gates-digital-currency-can-help-the-poor-but-not-1682346647This definitely highlights some serious potential for DigiByte in the arena. We are working on a strategy for the developing world for DigiByte. |
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