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Author Topic: [ANN][NOTE]DNotes - Celebrating DNotes 3rd Birthday - Forum Now Open  (Read 814498 times)
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April 27, 2015, 02:28:36 PM
 #5221


This is one to check out:


"SWISS PENSION FUND MANAGER WAS REFUSED TO WITHDRAW MONEY TO SAVE IT FROM NEGATIVE INTEREST RATES"

https://www.cryptocoinsnews.com/swiss-pension-fund-manager-refused-withdraw-money-save-negative-interest-rates/

"The true sign of intelligence is not knowledge but imagination." -Albert Einstein-

DNotes EDU – Cryptocurrency Education For All – Accomplishments of 2018
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April 27, 2015, 02:47:20 PM
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All the points outlined in that shocking article, epitomize the reasons I stopped trying to fight 'collectivism' through logic and reasoned debate, and embraced crypto which will solve so many of the worlds problems by attracting people to it's success! This is so much better than trying to convince millions of other people how they should vote to get control of your money back.  I think my philosophical buddy IMZ will concur. People are much smarter voting with their dollars than they are their ballots. Money, is actually an extremely important information type compared to a 'vote'. Money - DeNotes a vote for a product or service that a customer wants, a ballot merely represents a vote for person who has a fixed set of views, many of which a supporting voter will disagree with. Crypto then becomes a means for the perfect communication of information, instantly on a global scale - people can pay for what they like, and not what they don't. This is what money was MEANT to be.

The property rights of the individual are under attack, and have been for well over a century. People only tend to become lucid for a few moments when the central planners begin to take away privileges that citizens enjoy - These situations make perfect moments to advertise crypto as an alternative.

I don't even want to get too much into why those interest rates are negative, but rest assured, it will not be good for Switzerland's centrally planned 'free' economy in the long term.

"Dr. Salerno of the Mises Institute notes that JP Morgan Chase has apparently joined the “war on cash”, by “restricting the use of cash in selected markets, restricting borrowers from making cash payments on credit cards, mortgages, equity lines and auto loans, as well as prohibiting storage of cash in safe deposit boxes”.

The war on cash speaks volumes, but might encourage even more people to join the crypto community. We shall welcome them.

Read more:

http://www.zerohedge.com/news/2015-04-25/war-cash-migrates-switzerland

http://www.zerohedge.com/news/2015-04-23/largest-bank-america-joins-war-cash

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April 27, 2015, 02:57:34 PM
 #5223


This is one to check out:


"SWISS PENSION FUND MANAGER WAS REFUSED TO WITHDRAW MONEY TO SAVE IT FROM NEGATIVE INTEREST RATES"

https://www.cryptocoinsnews.com/swiss-pension-fund-manager-refused-withdraw-money-save-negative-interest-rates/

Wow. Imagine if your pension fund is sitting in a negative interest account and they won't let you take it out?

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April 27, 2015, 03:09:14 PM
 #5224

Fire Fighters for Digital Currency & Veterans for Digital Currency have both been updated to include a news section.
http://ff4dc.com/news.html
http://www.v4dc.com/news.html

Just a reminder, you can download Version 1 of DNotes Educational Guide for Android here:
https://play.google.com/store/apps/details?id=com.tool.DNotesEDU

Or try it in your browser here:
http://www.v4dc.com/dnotes-educational-guide.html
http://ff4dc.com/dnotes-educational-guide.html

If you have a blog or website, here is the code to embed it:
<iframe width="320" height="470" scrolling="no" src="http://www.firefightersfordigitalcurrency.com/DNotesEDU/index.html"></iframe>

An experienced developer agreed to help out on DNotes Educational Guide Version 2, and we've been making great progress over the past few days. Expect to see an update within the next month.



While adding news articles on V4DC and FF4DC, I couldn't help but notice that the CRISP logos were a bit lackluster. Maybe a stylish logo would help boost brand recognition?

Looks great CryptoBroker79!

Yeah as of now they are less of a logo and more of the DNotes brand font. We can give it shot, it will be interesting to say the least.

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April 27, 2015, 03:11:48 PM
Last edit: April 28, 2015, 01:22:11 AM by Dyna
 #5225

The article below is bad news for the industry. Sorry but may be it is good news for DNotes, not that we wished for it. I am sure we all hold a fair amount of Bitcoin and what is good for the industry is good for all of us. No matter what happens, we will share some of the pains, but it will also provide an incentive for some of Bitcoin ecosystem to take a serious look at DNotes. This could be interesting.

Among other involvements, I have been quite active on LinkedIn in an attempt give my networking a boost. I have been pleasantly surprised by how well I was received. On occasions, I was getting an incoming email every two minutes and built up over 500 connections in two weeks. Quite remarkable, considering that many are very senior people from our industry and from the investment community as well as the news media.

Many complimented favorably on CryptoMoms mission, but quite a few expressed concern about the Bitcoin industry. The following article does not come as a surprise. I do have a serious concern that the industry could be in for a significant retrenchment or consolidation. Those that are highly dependent on additional funding could be in for a rough ride. The recently reported closure of Buttercoin due to its inability to raise additional VC funding was the first clear indicator.

It is very important to clearly understand that there are two segments to this technology revolution. On one side,  is Bitcoin - the digital currency where it is struggling. On the other side is the Blockchain Technology - that is thriving and will continue to see explosive growth.

We have always taken the position that for digital currency to succeed it must be built from ground up with trust and integrity. There must also be multiple layers of strategies to ensure that the digital currency will remain sufficiently stable to take full advantage of the low transaction cost, making it truly attractive for merchants to accept as a form of payment. DNotes has strategically built its own ecosystem to ensure that it can accomplish all the strategic objectives of being a stable trustworthy digital currency with dependable long term appreciation. We will use the balance of this year to continue adding and fine-tuning our infrastructure. 2016 will be the year when DNotes will be promoted as a superior form of payment, as a medium of exchange. An integral part of our master plan is CRISP for Employee Incentive Benefits scheduled to be launched during the week of May 25, 2015.



Bitcoin’s Q1: Record VC Investment, Falling Prices, And Slow Consumer Adoption

Posted 10 hours ago by Alex Wilhelm (@alex)


The bitcoin-watching news service CoinDesk recently released its first quarter lookinto the cryptocurrency’s performance during the opening months of 2015. Mostly the data is net positive, showing an increase in total wallets, and investment. However, there are a number of included data points that demonstrate slowing growth in key bitcoin, and bitcoin-related areas.

The collected data indicates that the first quarter of 2015 was the most popular ever in terms of the dollar-value of venture capital investments made into the bitcoin ecosystem. That data point, however, is skewed by a single investment — the $116 round million invested into 21, a company that remains at least partially occluded in terms of its ambitions. Aside from that single investment, first quarter venture investment was on par — $113 million — with the preceding fourth quarter.

Key to bitcoin’s performance, at least from an external perspective, is the number of wallets in existence. Those receptacles and storage locations of bitcoin help the market understand how many new people the cryptocurrency is attracting. In the first quarter, according to the CoinDesk report, total wallets grew from 7.4 million to 8.4 million, up 14 percent on a sequential quarter basis.

That growth rate is likely under expectations from a year ago. The market value of all bitcoin in circulation — some remains yet-to-be-mined — fell from the last quarter of 2014 to the first quarter of 2015 by 36 percent.
 
The sequential quarter total is skewed by the November timeframe, but it seems that volume hasn’t seen too great an acceleration, or deceleration in the last two three-month cycles.

Among the bulleted key takeaways that the report contains is the following: “Bitcoin struggled to gain mainstream consumer traction [in the quarter].” That has been the case for the life of bitcoin. That the trend persists isn’t, therefore, too surprising. Still, it isn’t hard to wonder what bitcoin firms that pitched investors over the past 18 months, predicted would happen — did they anticipate that the price of bitcoin be so low? Would investors have invested quite so much over the past year if bitcoin wallet adoption was as slow as it has been?

http://techcrunch.com/2015/04/26/bitcoins-q1-record-vc-investment-falling-prices-and-slow-consumer-adoption/
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April 27, 2015, 03:24:22 PM
 #5226

Exactly, a currency that can actually take over must be created from the ground up. Bitcoin expanded very rapidly with a rush of liquidity that created a lot of excitement and expectation. Now that excitement and expectation is questionable. Probably much better to manage the expectation and excitement. Slow and steady wins the race.

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April 27, 2015, 03:36:57 PM
 #5227

Exactly, a currency that can actually take over must be created from the ground up. Bitcoin expanded very rapidly with a rush of liquidity that created a lot of excitement and expectation. Now that excitement and expectation is questionable. Probably much better to manage the expectation and excitement. Slow and steady wins the race.

TeeGee, that is exactly correct. We are never excited about any short term gain that is not sustainable. But this is a free market. Investors buy and sell as they see fit. We can only do our part to continuously add value to DNotes. I can tell you with a high degree of certainty that DNotes is posed for rapid growth in 2016, adding significant value to DNotes.
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April 27, 2015, 03:51:16 PM
 #5228

Hillary 2016...
Cruz 2016...
Biden 2016...
Bush 2016...
Rand 2016...

People may well instead end up talking about,

DNotes 2016!


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April 27, 2015, 03:53:32 PM
 #5229


This is one to check out:


"SWISS PENSION FUND MANAGER WAS REFUSED TO WITHDRAW MONEY TO SAVE IT FROM NEGATIVE INTEREST RATES"

https://www.cryptocoinsnews.com/swiss-pension-fund-manager-refused-withdraw-money-save-negative-interest-rates/

Fractional Reserves. Can't allow a withdrawal if you don't actually have the cash in the vault.

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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April 27, 2015, 04:03:12 PM
 #5230

Hillary 2016...
Cruz 2016...
Biden 2016...
Bush 2016...
Rand 2016...

People may well instead end up talking about,

DNotes 2016!


DNotes should keep better company...  Cheesy

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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April 27, 2015, 04:14:02 PM
 #5231

Hillary 2016...
Cruz 2016...
Biden 2016...
Bush 2016...
Rand 2016...

People may well instead end up talking about,

DNotes 2016!


DNotes should keep better company...  Cheesy

How about RJF for President,
1st Presidential Candidate overwhelmingly funded with digital currency. That will generate some serious media attention. May be TeeGee will volunteer to write the press release. Just kidding. LOL!
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April 27, 2015, 04:26:21 PM
 #5232

How about writing the press release that condemns the existing political system to near redundancy, after the people take back control of their own money via Digital Currency? What was it again!? - 'he who holds the gold makes the rule?' (or She if it's a cryptomoma).

I just had a thought, the people at positive money have a MASSIVE worldwide following. From what I know, they promote... well, positive money! Basically they don't like the debt-based money system that is fractional reserve banking. Crypto solves their main problem. They will surely have a view on Digital Currencies already, it will just be a matter of time until they push for adoption - we could get them onside early?

http://www.positivemoney.org/

I am not affiliated with this group in any way, I think most of their members have very different beliefs than I, but crypto is the answer they're looking for even if they don't know it yet.



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April 27, 2015, 04:36:52 PM
 #5233

How about writing the press release that condemns the existing political system to near redundancy, after the people take back control of their own money via Digital Currency? What was it again!? - 'he who holds the gold makes the rule?' (or She if it's a cryptomoma).

I just had a thought, the people at positive money have a MASSIVE worldwide following. From what I know, they promote... well, positive money! Basically they don't like the debt-based money system that is fractional reserve banking. Crypto solves their main problem. They will surely have a view on Digital Currencies already, it will just be a matter of time until they push for adoption - we could get them onside early?

http://www.positivemoney.org/

I am not affiliated with this group in any way, I think most of their members have very different beliefs than I, but crypto is the answer they're looking for even if they don't know it yet.




We are still flying under the radar. Not quite ready for prime time.
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April 27, 2015, 04:44:18 PM
Last edit: April 27, 2015, 05:11:17 PM by RJF
 #5234

Hillary 2016...
Cruz 2016...
Biden 2016...
Bush 2016...
Rand 2016...

People may well instead end up talking about,

DNotes 2016!


DNotes should keep better company...  Cheesy

How about RJF for President,
1st Presidential Candidate overwhelmingly funded with digital currency. That will generate some serious media attention. May be TeeGee will volunteer to write the press release. Just kidding. LOL!

Sorry, I have no desire to take a step down the evolutionary ladder to become a politician...   Shocked

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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April 27, 2015, 05:55:30 PM
 #5235

Going a little further with DNotes evolution. We are building services to help people save and store their DNotes in ways that make sense. We will use and grow those services. Then we know the next step will be a service that allows you to purchase DNotes quickly and easily. That and the DNotesVault will evolve into a full blown exchange. What is the next step in the evolution? Will it evolve into a full blown consumer service? How will that evolve? In the beginning it may be a card service that will convert your DNotes to cash and make purchases anywhere. Then it may evolve into a service that merchants can accept DNotes directly. Then it may evolve into a multicurrency card that can be accepted anywhere in the world utilizing any currency with preset preferences on how to spend your money. Can you envision DNotes on such a card?

Coin Cards Finally Ship | Crunch Report

http://techcrunch.com/video/coin-cards-finally-ship-crunch-report/518774631/

We are always thinking, always evolving, and looking for ways to improve. This is not meant to be gospel, it is just an idea for the general direction of DNotes and how it may evolve.

I encourage everyone to contribute to the vision, add to it, change it and share your thoughts.

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April 27, 2015, 07:10:05 PM
 #5236

Hillary 2016...
Cruz 2016...
Biden 2016...
Bush 2016...
Rand 2016...

People may well instead end up talking about,

DNotes 2016!


DNotes should keep better company...  Cheesy

How about RJF for President,
1st Presidential Candidate overwhelmingly funded with digital currency. That will generate some serious media attention. May be TeeGee will volunteer to write the press release. Just kidding. LOL!

Sorry, I have no desire to take a step down the evolutionary ladder to become a politician...   Shocked


Don't blame you RJF. I wouldn't either. Not even want to touch it with a 10 foot pole. I must have 5 hour sleep.
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April 27, 2015, 07:59:20 PM
 #5237

Fire Fighters for Digital Currency & Veterans for Digital Currency have both been updated to include a news section.
http://ff4dc.com/news.html
http://www.v4dc.com/news.html

Just a reminder, you can download Version 1 of DNotes Educational Guide for Android here:
https://play.google.com/store/apps/details?id=com.tool.DNotesEDU

Or try it in your browser here:
http://www.v4dc.com/dnotes-educational-guide.html
http://ff4dc.com/dnotes-educational-guide.html

If you have a blog or website, here is the code to embed it:
<iframe width="320" height="470" scrolling="no" src="http://www.firefightersfordigitalcurrency.com/DNotesEDU/index.html"></iframe>

An experienced developer agreed to help out on DNotes Educational Guide Version 2, and we've been making great progress over the past few days. Expect to see an update within the next month.



While adding news articles on V4DC and FF4DC, I couldn't help but notice that the CRISP logos were a bit lackluster. Maybe a stylish logo would help boost brand recognition?

Looks great CryptoBroker79!

Yeah as of now they are less of a logo and more of the DNotes brand font. We can give it shot, it will be interesting to say the least.

Perhaps some of our available community members could come up with a design.
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April 28, 2015, 05:00:05 AM
 #5238

Breaking News:

This will be an interesting one to watch. How long would it take to get SEC approval before the IPO? What kind of push back can we expect from investment banking firms? How many more “me too” will be lining up and how soon? Do we even need any more CFP (Certified Financial Planner) or someone we can trust with our hard earned money?

I can fill this page with many more questions, but I rather not, and only wished that we all can learn from history. May be just a short period of that: Bitcoin Industry December 2013 to April 2015;

Titled “Damages Caused By A Trustless Decentralized System With No One To Trust

a new kind of stock intended to remake the stock market in much the same way the bitcoin digital currency remade our money system”.

Really? Interesting!



http://HTTP://WWW.WIRED.COM/2015/04/OVERSTOCK-FILES-OFFER-STOCK-WORKS-LIKE-BITCOIN/
•   
•   CADE METZ
 
•   04.27.15 12:31 PM


OVERSTOCK FILES TO OFFER STOCK THAT WORKS LIKE BITCOIN

OVERSTOCK.COM IS ONEstep closer to offering a new kind of stock intended to remake the stock market in much the same way the bitcoin digital currency remade our money system.

On Friday, the Salt Lake City-based online retailer filed a prospectus with the Securities and Exchange Commission that indicates it may issue up to $500 million in stock or other securities using technology akin to the online software system that underpins bitcoin. “We may decide to offer securities as digital securities…the ownership and transfer of which are recorded on a cryptographically-secured distributed ledger system using technology similar to (or the same as) the distributed ledger technology used for trading digital currencies,” the filing reads.

This past summer, Overstock’s free-thinking CEO, Patrick Byrne, said that the company was hoping to issue a “cryptosecurity” using bitcoin-like technology, and he hired both the developers and the lawyers needed to do so. Now, he and his company have taken the idea to government regulators. As Byrne puts it, he’s calling on the SEC to “sprinkle holy water” on his push towards digital securities. “This is a decision point for the establishment,” he says.

Byrne hopes to offer stock that's controlled not by a central stock exchange such as the NYSE or the NASDAQ, but by a network of machines spread across the internet.

Basically, Byrne hopes to offer stock that’s controlled not by a central stock exchange such as the NYSE or the NASDAQ, but by a network of machines spread across the internet—machines outside the control of any one central authority. Using cryptographic algorithms, these machines would mathematically verify all trades and record them in an online ledger that anyone could examine at any time, much as the worldwide bitcoin network verifies and records the exchange of money. Byrne and Overstock have long complained of loop holes in our existing stock markets, and he believes that technology can help shore up these holes.

“The prospect of using a blockchain-like public ledger to hold securities or other assets is quite exciting and one that should be explored,” says James Angel, a professor of finance at Georgetown University who specializes in the details of the U.S. financial system. “This will make a great test case as to whether it really works or whether it will suffer Mt. Gox-like problems.” Mt. Gox is the popular bitcoin exchange that descended into bankruptcy after hackers broke into its online system and eventually made off with the equivalent of $460 million in bitcoin.

A Free Market
Last year, Overstock became the first major online retailer to accept payments in bitcoin. Like so many others, Byrne argues that the digital currency can free our economy from the grip of big banks and big government. Now, he’s bringing this same attitude to stocks. His project is just one of many that seek remake the stock market using bitcoin technology, such as NXT, Mastercoin, Bitshares, and Counterparty. At one point, Overstock hired some of the primary developers behind Counterparty, but these engineers have since left the company.

On Friday, Overstock filed what is called a “shelf registration.” Basically, this would allow the company to sell any kind of security—common stock, preferred, debt, warrants, etc.—if and when it chooses to. Such filings are not uncommon–though this one is unusual in that it says the company could issue the securities in digital form.

According to Overstock’s filing, the company would offer its digital security through what’s called analternative trading system, or ATS. This is essentially a stock market alternative that must be registered with the SEC. Overstock would have to make arrangements with an existing ATS or somehow create a new one. It must also answer any SEC objections from the SEC.

Georgetown’s Angel expects the SEC to approve the filing, but he says this may take a while. “The SEC staff in corporate finance is notoriously risk averse when it comes to new technology, so they may delay things for a long while and request lots of additional disclosures,” he says. “[But] the parade of horribles in the disclosure is very complete, so I would think that it would get approved eventually.”

Angel adds, however, that if Overstock does offer a digital security, he expects few investors to take advantage of it—at least initially. “My own prediction is that initially very few shareholders will choose to hold their shares in digital form because of the technological uncertainty. Investors tend to be very risk averse about things such as custody,” he says. To succeed, he says, such an offering must have proper regulatory oversight by the SEC and carry insurance from an organization such as the SIPC.

The SEC declined to comment on Overstock’s filing. But according to Byrne and company spokesperson Judd Bagley, Overstock expects the SEC to open a review of the filing. Byrne has an unusually combative history with the SEC, but he says that he intends to take a more diplomatic route towards a cryptosecurity. Of the filing, he says: “I wouldn’t have taken all the time and trouble and expense to do this if I didn’t plan on using it someday soon.”
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April 28, 2015, 05:10:34 AM
 #5239

Breaking News:

This will be an interesting one to watch. How long would it take to get SEC approval before the IPO? What kind of push back can we expect from investment banking firms? How many more “me too” will be lining up and how soon? Do we even need any more CFP (Certified Financial Planner) or someone we can trust with our hard earned money?

I can fill this page with many more questions, but I rather not, and only wished that we all can learn from history. May be just a short period of that: Bitcoin Industry December 2013 to April 2015;

Titled “Damages Caused By A Trustless Decentralized System With No One To Trust

a new kind of stock intended to remake the stock market in much the same way the bitcoin digital currency remade our money system”.

Really? Interesting!



http://HTTP://WWW.WIRED.COM/2015/04/OVERSTOCK-FILES-OFFER-STOCK-WORKS-LIKE-BITCOIN/
•   
•   CADE METZ
 
•   04.27.15 12:31 PM


OVERSTOCK FILES TO OFFER STOCK THAT WORKS LIKE BITCOIN

OVERSTOCK.COM IS ONEstep closer to offering a new kind of stock intended to remake the stock market in much the same way the bitcoin digital currency remade our money system.

On Friday, the Salt Lake City-based online retailer filed a prospectus with the Securities and Exchange Commission that indicates it may issue up to $500 million in stock or other securities using technology akin to the online software system that underpins bitcoin. “We may decide to offer securities as digital securities…the ownership and transfer of which are recorded on a cryptographically-secured distributed ledger system using technology similar to (or the same as) the distributed ledger technology used for trading digital currencies,” the filing reads.

This past summer, Overstock’s free-thinking CEO, Patrick Byrne, said that the company was hoping to issue a “cryptosecurity” using bitcoin-like technology, and he hired both the developers and the lawyers needed to do so. Now, he and his company have taken the idea to government regulators. As Byrne puts it, he’s calling on the SEC to “sprinkle holy water” on his push towards digital securities. “This is a decision point for the establishment,” he says.

Byrne hopes to offer stock that's controlled not by a central stock exchange such as the NYSE or the NASDAQ, but by a network of machines spread across the internet.

Basically, Byrne hopes to offer stock that’s controlled not by a central stock exchange such as the NYSE or the NASDAQ, but by a network of machines spread across the internet—machines outside the control of any one central authority. Using cryptographic algorithms, these machines would mathematically verify all trades and record them in an online ledger that anyone could examine at any time, much as the worldwide bitcoin network verifies and records the exchange of money. Byrne and Overstock have long complained of loop holes in our existing stock markets, and he believes that technology can help shore up these holes.

“The prospect of using a blockchain-like public ledger to hold securities or other assets is quite exciting and one that should be explored,” says James Angel, a professor of finance at Georgetown University who specializes in the details of the U.S. financial system. “This will make a great test case as to whether it really works or whether it will suffer Mt. Gox-like problems.” Mt. Gox is the popular bitcoin exchange that descended into bankruptcy after hackers broke into its online system and eventually made off with the equivalent of $460 million in bitcoin.

A Free Market
Last year, Overstock became the first major online retailer to accept payments in bitcoin. Like so many others, Byrne argues that the digital currency can free our economy from the grip of big banks and big government. Now, he’s bringing this same attitude to stocks. His project is just one of many that seek remake the stock market using bitcoin technology, such as NXT, Mastercoin, Bitshares, and Counterparty. At one point, Overstock hired some of the primary developers behind Counterparty, but these engineers have since left the company.

On Friday, Overstock filed what is called a “shelf registration.” Basically, this would allow the company to sell any kind of security—common stock, preferred, debt, warrants, etc.—if and when it chooses to. Such filings are not uncommon–though this one is unusual in that it says the company could issue the securities in digital form.

According to Overstock’s filing, the company would offer its digital security through what’s called analternative trading system, or ATS. This is essentially a stock market alternative that must be registered with the SEC. Overstock would have to make arrangements with an existing ATS or somehow create a new one. It must also answer any SEC objections from the SEC.

Georgetown’s Angel expects the SEC to approve the filing, but he says this may take a while. “The SEC staff in corporate finance is notoriously risk averse when it comes to new technology, so they may delay things for a long while and request lots of additional disclosures,” he says. “[But] the parade of horribles in the disclosure is very complete, so I would think that it would get approved eventually.”

Angel adds, however, that if Overstock does offer a digital security, he expects few investors to take advantage of it—at least initially. “My own prediction is that initially very few shareholders will choose to hold their shares in digital form because of the technological uncertainty. Investors tend to be very risk averse about things such as custody,” he says. To succeed, he says, such an offering must have proper regulatory oversight by the SEC and carry insurance from an organization such as the SIPC.

The SEC declined to comment on Overstock’s filing. But according to Byrne and company spokesperson Judd Bagley, Overstock expects the SEC to open a review of the filing. Byrne has an unusually combative history with the SEC, but he says that he intends to take a more diplomatic route towards a cryptosecurity. Of the filing, he says: “I wouldn’t have taken all the time and trouble and expense to do this if I didn’t plan on using it someday soon.”


I'll be keeping a keen eye on that one, in fact, I wonder if they will get approval! I think the SEC and regulatory authorities will look at the publicly verifiable ledger that it will (probably) use as a means to save costs long term on forensic accountants. At another level, they wouldn't really want to cede control - but if they don't approve, it's going to happen anyway without meeting their other regulatory standards. It kind of goes back to how someone here said Paypal is trying to keep it's enemies (bitcoin) close.

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April 28, 2015, 08:43:58 AM
 #5240

Forgive me if this is out of place, but this thread seems to have forgotten all about DNotes development and instead is just posting news about crypto in general (and various quasi-delusional libertarian dreams of the future). Could we perhaps.... get back to the point?

TeeGee asked a few pages back:

Quote
What do people here think the best way to encourage forum participation is?

The best way to get any participation period is to position the coin as a worthwhile and accessible speculation instrument. Whether you philosophically believe this or not, in crypto it's true. The ability to buy and sell something as a means to make money is the only route to awareness at this time.

So what is the most important short-term goal to achieve? Getting NOTE listed on Cryptsy. Until that happens, very little in the way of adoption or awareness will happen. Sure, you say - we're taking it slow. Well, I guess there's three speeds: slow, dead slow, and stop.

Pushing the listing of the coin on a major exchange will do a thousand times more for usage and interest than any marketing campaign, than any development work, than any linkedin posts..

Cryptsy needs to be our number one target above all else if this innovative coin is going to go anywhere.
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