[ANN][NOTE]DNotes - Celebrating DNotes 3rd Birthday - Forum Now Open

[TeeGee]

Some quick promotional bullets:

"Don't fear the future, plan for it! - http://dnotesvault.com/crisp-for-retirement.php"

"Retirement happens! Are you ready? - http://dnotesvault.com/crisp-for-retirement.php"

"Have you seen you're money recently? Visit it at http://dnotesvault.com/crisp-for-retirement.php"

"Do you work for your money? Make your money work for you. - http://dnotesvault.com/crisp-for-retirement.php"

"Does your portfolio include DNotes? Become future proof, go digital! - http://dnotesvault.com/crisp-for-retirement.php"

"Counting on stocks and IRAs to see you through retirement? There might not be much left to count. Visit us. - http://dnotesvault.com/crisp-for-retirement.php"

"Does retiring mean you just switch to a lower paying job? Put something valuable away before it's too late. - http://dnotesvault.com/crisp-for-retirement.php"

"Long term appreciation. Increasing value. Investment. Stability. Comfortable retirement. They're not just dreams, check us out. http://dnotesvault.com/crisp-for-retirement.php" 

 
Use if you wish and as you see fit....

3rd reply in a row, might be seen as a spammer (really got to learn to insert peoples quotes into one message) BUT - I really like the awesome work we are seeing RJF!

I had one of these jotted down so far under my "possible marketing slogans" for the student plan, it was "Decrypt your future with crypto" or something similar. The ones I just read above for retirement roll of the tongue very nicely.

I imagine you must be very proud of your children RJF if they took the honor / respect / self sufficiency lesson on board. I recall a long time ago similar messages to bring on success from a book my dad bought me when I was perhaps 21 called "the winners bible" by a neuroscientist called "Dr Kerry Spackman" (not sure if it was a rude gift for a birthday or not?)

From wikipedia - "Spackman has been a consultant to four Formula One teams as well as the New Zealand All Blacks specialising in performance optimisation[2] and he is a director of the New Zealand Government GoldMine program which develops specialized electronics and mathematical analysis for Olympic athletes." - I'm also pretty sure he was a mental coach to Schwarzeneggar and Michael Schumacher.

A couple of the things that I can recall from the book were 1. The importance of visualising your desired future outcome to tacitly rewire your brain to work towards said goal, and 2. That success is often accompanied by 'unshakable belief' in your capability to reach the desired goal. In this nascent crypto industry, the crown is there for the taking to the best player, with the strongest vision and 'unshakable belief'. I'm pretty sure those visions and belief exist within this community.

It's all very exciting.

[mafort1469]

Yes, I agree. There is nothing that we as a team cannot accomplish. Make goals, set ours sights on them, accomplish them, repeat. With different minds comes different strengths which we need to accomplish any and all goals!

[Dyna]

Yes, I agree. There is nothing that we as a team cannot accomplish. Make goals, set ours sights on them, accomplish them, repeat. With different minds comes different strengths which we need to accomplish any and all goals!

You guys are doing great. I think I can take the rest of the night off. What a team!

[Chase]

Yes, I agree. There is nothing that we as a team cannot accomplish. Make goals, set ours sights on them, accomplish them, repeat. With different minds comes different strengths which we need to accomplish any and all goals!

Congratulations Marc, it's great to have you here at DNotes!   

                           

[Dyna]

Could Bill Gates be suggesting that a digital currency that does not push for anonymity but instead focuses on building trust and stability may be the more ideal currency he has in mind?

DNotes is waiting to be discovered. Stay the course and we shall be found. No rush.

Bill Gates: Digital Currency Can Help the Poor, But Not Bitcoin

By:
Kate Knibbs
http://gizmodo.com/bill-gates-digital-currency-can-help-the-poor-but-not-1682346647


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.  ……………

"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.”

[TeeGee]

Very interesting article, shows that DNotes is on the right track. Maybe Bill Gates can be the first big purchaser of Notes for charity?

Just had another session / gander at student finance situations and various strategies companies use to encourage brand loyalty. I'll be first to admit that I'm no fan of Apple, but damn they understand that the students buying their products today will be loyal customers in the future - as any seller should think if they believe in their product.

[Dyna]

Very interesting article, shows that DNotes is on the right track. Maybe Bill Gates can be the first big purchaser of Notes for charity?

Just had another session / gander at student finance situations and various strategies companies use to encourage brand loyalty. I'll be first to admit that I'm no fan of Apple, but damn they understand that the students buying their products today will be loyal customers in the future - as any seller should think if they believe in their product.

DNotes’ core mission is to be the currency of the future and the currency of choice in conducting global commerce. This mission has been echoed repeatedly in this forum from the very beginning pages. To accomplish our core mission, we must consistently build a solid foundation with a solid growth path projecting way into the future, deliberately involving and engaging our future generations. It must be built upon a mindset of wanting to be the best in class, doing things that others won't or can't do and guided by the highest respect for trust and integrity as an integral part the DNotes' culture, philosophies and believe system. This will create the most favorable environment for DNotes to thrive and continue to be the most stable digital currency with reliable long term appreciation. I am certain that is the currency Bill Gates had in mind.

We have plenty of hard work ahead. We are not yet ready to go prime time and rather not sell ourselves short by selling early. DNotes will be discovered. This is the phrase of positioning so that once discovered we have the infrastructure to scale up quickly. Every CR.I.S.P. is a giant by itself. Grow and take each and every one of them all the way.  That is the answer to mass consumer and merchant adoption coupled with the ideal currency Bill Gates was thinking of. Without that currency our industry will continue to spin its wheels for a very long time. Neither our industry, nor DNotes is lacking in technologies. It is currency ...

[RJF]

3rd reply in a row, might be seen as a spammer (really got to learn to insert peoples quotes into one message) BUT - I really like the awesome work we are seeing RJF!

I had one of these jotted down so far under my "possible marketing slogans" for the student plan, it was "Decrypt your future with crypto" or something similar. The ones I just read above for retirement roll of the tongue very nicely.

I imagine you must be very proud of your children RJF if they took the honor / respect / self sufficiency lesson on board. I recall a long time ago similar messages to bring on success from a book my dad bought me when I was perhaps 21 called "the winners bible" by a neuroscientist called "Dr Kerry Spackman" (not sure if it was a rude gift for a birthday or not?)

From wikipedia - "Spackman has been a consultant to four Formula One teams as well as the New Zealand All Blacks specialising in performance optimisation[2] and he is a director of the New Zealand Government GoldMine program which develops specialized electronics and mathematical analysis for Olympic athletes." - I'm also pretty sure he was a mental coach to Schwarzeneggar and Michael Schumacher.

A couple of the things that I can recall from the book were 1. The importance of visualising your desired future outcome to tacitly rewire your brain to work towards said goal, and 2. That success is often accompanied by 'unshakable belief' in your capability to reach the desired goal. In this nascent crypto industry, the crown is there for the taking to the best player, with the strongest vision and 'unshakable belief'. I'm pretty sure those visions and belief exist within this community.

It's all very exciting.

I am very proud of them. Oldest son is a regional manager for a national hardware chain, second oldest son is a Merchant Marine Master (ship's captain), oldest daughter graduating from UMD and headed to law school and youngest daughter is a "horse whisperer" with Olympic ambitions in Dressage Riding and working on her BS. I better mention their mother lest I get myself in trouble, she is a licensed OB, NICU nurse educator, Paramedic with a MS in Education and Distance Learning and BS in Theoretical Mathematics.

So, as you can see, my family is busy and I'm very proud of them. One thing I can tell that I learned through the years as a father is simply this: Don't be afraid to say "NO" and don't do things for them, teach them how to do it themselves and, be fair but be strong. Seems to work...
 

[Dyna]

3rd reply in a row, might be seen as a spammer (really got to learn to insert peoples quotes into one message) BUT - I really like the awesome work we are seeing RJF!

I had one of these jotted down so far under my "possible marketing slogans" for the student plan, it was "Decrypt your future with crypto" or something similar. The ones I just read above for retirement roll of the tongue very nicely.

I imagine you must be very proud of your children RJF if they took the honor / respect / self sufficiency lesson on board. I recall a long time ago similar messages to bring on success from a book my dad bought me when I was perhaps 21 called "the winners bible" by a neuroscientist called "Dr Kerry Spackman" (not sure if it was a rude gift for a birthday or not?)

From wikipedia - "Spackman has been a consultant to four Formula One teams as well as the New Zealand All Blacks specialising in performance optimisation[2] and he is a director of the New Zealand Government GoldMine program which develops specialized electronics and mathematical analysis for Olympic athletes." - I'm also pretty sure he was a mental coach to Schwarzeneggar and Michael Schumacher.

A couple of the things that I can recall from the book were 1. The importance of visualising your desired future outcome to tacitly rewire your brain to work towards said goal, and 2. That success is often accompanied by 'unshakable belief' in your capability to reach the desired goal. In this nascent crypto industry, the crown is there for the taking to the best player, with the strongest vision and 'unshakable belief'. I'm pretty sure those visions and belief exist within this community.

It's all very exciting.

I am very proud of them. Oldest son is a regional manager for a national hardware chain, second oldest son is a Merchant Marine Master (ship's captain), oldest daughter graduating from UMD and headed to law school and youngest daughter is a "horse whisperer" with Olympic ambitions in Dressage Riding and working on her BS. I better mention their mother lest I get myself in trouble, she is a licensed OB, NICU nurse educator, Paramedic with a MS in Education and Distance Learning and BS in Theoretical Mathematics.

So, as you can see, my family is busy and I'm very proud of them. One thing I can tell that I learned through the years as a father is simply this: Don't be afraid to say "NO" and don't do things for them, teach them how to do it themselves and, be fair but be strong. Seems to work...
 

That is what I call a near perfect family that anyone will be proud of. I always leave some room for improvements. Great job, RJF. We all have a lot to learn from you, and I am sure from each others too.

[RJF]

3rd reply in a row, might be seen as a spammer (really got to learn to insert peoples quotes into one message) BUT - I really like the awesome work we are seeing RJF!

I had one of these jotted down so far under my "possible marketing slogans" for the student plan, it was "Decrypt your future with crypto" or something similar. The ones I just read above for retirement roll of the tongue very nicely.

I imagine you must be very proud of your children RJF if they took the honor / respect / self sufficiency lesson on board. I recall a long time ago similar messages to bring on success from a book my dad bought me when I was perhaps 21 called "the winners bible" by a neuroscientist called "Dr Kerry Spackman" (not sure if it was a rude gift for a birthday or not?)

From wikipedia - "Spackman has been a consultant to four Formula One teams as well as the New Zealand All Blacks specialising in performance optimisation[2] and he is a director of the New Zealand Government GoldMine program which develops specialized electronics and mathematical analysis for Olympic athletes." - I'm also pretty sure he was a mental coach to Schwarzeneggar and Michael Schumacher.

A couple of the things that I can recall from the book were 1. The importance of visualising your desired future outcome to tacitly rewire your brain to work towards said goal, and 2. That success is often accompanied by 'unshakable belief' in your capability to reach the desired goal. In this nascent crypto industry, the crown is there for the taking to the best player, with the strongest vision and 'unshakable belief'. I'm pretty sure those visions and belief exist within this community.

It's all very exciting.

I am very proud of them. Oldest son is a regional manager for a national hardware chain, second oldest son is a Merchant Marine Master (ship's captain), oldest daughter graduating from UMD and headed to law school and youngest daughter is a "horse whisperer" with Olympic ambitions in Dressage Riding and working on her BS. I better mention their mother lest I get myself in trouble, she is a licensed OB, NICU nurse educator, Paramedic with a MS in Education and Distance Learning and BS in Theoretical Mathematics.

So, as you can see, my family is busy and I'm very proud of them. One thing I can tell that I learned through the years as a father is simply this: Don't be afraid to say "NO" and don't do things for them, teach them how to do it themselves and, be fair but be strong. Seems to work...
  

That is what I call a near perfect family that anyone will be proud of. I always leave some room for improvements. Great job, RJF. We all have a lot to learn from you, and I am sure from each others too.

I got lucky, "your mileage my vary"...  Trust me when I say they were not always angels, especially the girls but, you have to stick to your guns...  

[RJF]

Here's something I would like to hear some comments on. I initially posted this in the Digibyte forum since they were discussing the issue but, I would like to see what everyone here thinks:

"I'm hearing a lot of noise about Bitcoin's "flaw" regarding non reversible transactions. This is both a good and bad feature in the protocol depending on what the transaction is for. Perhaps, a solution would be to change the code so the transaction IS reversible for some period of time or, until the receiving party physically accepts it. Thoughts?"

Seems this is one of the holdups for mass adoption although most of that noise is coming from the established money/credit providers. Do you agree?

[DNotes]

Here's something I would like to hear some comments on. I initially posted this in the Digibyte forum since they were discussing the issue but, I would like to see what everyone here thinks:

"I'm hearing a lot of noise about Bitcoin's "flaw" regarding non reversible transactions. This is both a good and bad feature in the protocol depending on what the transaction is for. Perhaps, a solution would be to change the code so the transaction IS reversible for some period of time or, until the receiving party physically accepts it. Thoughts?"

Seems this is one of the holdups for mass adoption although most of that noise is coming from the established money/credit providers. Do you agree?

What are the most compelling arguments for needing such a feature?

Edit:
It seems to me that reversing a transaction is a function of credit companies, payment processing companies, and banking institutions. All of which will likely exist in the cryptocurrency world. It is not an inherit feature or function of the money itself.

[Dyna]

Here's something I would like to hear some comments on. I initially posted this in the Digibyte forum since they were discussing the issue but, I would like to see what everyone here thinks:

"I'm hearing a lot of noise about Bitcoin's "flaw" regarding non reversible transactions. This is both a good and bad feature in the protocol depending on what the transaction is for. Perhaps, a solution would be to change the code so the transaction IS reversible for some period of time or, until the receiving party physically accepts it. Thoughts?"

Seems this is one of the holdups for mass adoption although most of that noise is coming from the established money/credit providers. Do you agree?

This is my take and I will try to make it brief. The irreversible feature of Bitcoin is an important security component and a great selling point to merchants. Legitimate merchants stand by their products and services they sell. Buyers have full recourse to a refund of their payments, if they so demand, within some reasonable scope of limitations, either directly or through the court of laws. I do not see this as an added risk exposure to the consumers, but a significant protection for merchants.

Reversible payments will drastically increase merchants’ risk exposure and a huge deterrent to mass merchant adoption. Anonymity, with the exception of certain merchants, is also a deterrent to mass adoption.

Unfortunately, I am having a very busy day and do not have the time to elaborate this further. I will conclude that in the absence of the irreversible feature and a required true anonymity for DNotes my optimism for the success of DNotes would be severely degraded. That is how strongly I feel about these two functions of Bitcoin as a digital currency technology.

[RJF]

Here's something I would like to hear some comments on. I initially posted this in the Digibyte forum since they were discussing the issue but, I would like to see what everyone here thinks:

"I'm hearing a lot of noise about Bitcoin's "flaw" regarding non reversible transactions. This is both a good and bad feature in the protocol depending on what the transaction is for. Perhaps, a solution would be to change the code so the transaction IS reversible for some period of time or, until the receiving party physically accepts it. Thoughts?"

Seems this is one of the holdups for mass adoption although most of that noise is coming from the established money/credit providers. Do you agree?

This is my take and I will try to make it brief. The irreversible feature of Bitcoin is an important security component and a great selling point to merchants. Legitimate merchants stand by their products and services they sell. Buyers have full recourse to a refund of their payments, if they so demand, within some reasonable scope of limitations, either directly or through the court of laws. I do not see this as an added risk exposure to the consumers, but a significant protection for merchants.

Reversible payments will drastically increase merchants’ risk exposure and a huge deterrent to mass merchant adoption. Anonymity, with the exception of certain merchants, is also a deterrent to mass adoption.

Unfortunately, I am having a very busy day and do not have the time to elaborate this further. I will conclude that in the absence of the irreversible feature and a required true anonymity for DNotes my optimism for the success of DNotes would be severely degraded. That is how strongly I feel about these two functions of Bitcoin as a digital currency technology.

I agree, not being able to reverse the transaction is a great feature. I think it's mostly fishy merchants are having a problem with it and. of course, credit card companies who are attempting to scare the public into thinking they could never get a refund for a mistake. While this MAY be true in person to person (stranger to stranger) transactions, any respectable merchant will manually issue a refund for a problem.

We really need to educate the public that refunds are possible and it is desirable for merchants to issue them when needed as any honest seller would. This is the time of lies and half truths, every group has an agenda, some good, some bad and many are willing to say anything to push it. Educate, educate, educate...


Speaking of merchants, rumor has it that McDonalds MAY start accepting Bitcoin. As I said, rumor but, it's certainly possible. See this article:

http://bitcoinist.net/mcdonalds-might-start-accepting-bitcoin-soon/

What do you want to bet it's ApplePay but the spokesman doesn't understand the difference?

[SmokeysGardens]

Here's something I would like to hear some comments on. I initially posted this in the Digibyte forum since they were discussing the issue but, I would like to see what everyone here thinks:

"I'm hearing a lot of noise about Bitcoin's "flaw" regarding non reversible transactions. This is both a good and bad feature in the protocol depending on what the transaction is for. Perhaps, a solution would be to change the code so the transaction IS reversible for some period of time or, until the receiving party physically accepts it. Thoughts?"

Seems this is one of the holdups for mass adoption although most of that noise is coming from the established money/credit providers. Do you agree?

This is my take and I will try to make it brief. The irreversible feature of Bitcoin is an important security component and a great selling point to merchants. Legitimate merchants stand by their products and services they sell. Buyers have full recourse to a refund of their payments, if they so demand, within some reasonable scope of limitations, either directly or through the court of laws. I do not see this as an added risk exposure to the consumers, but a significant protection for merchants.

Reversible payments will drastically increase merchants’ risk exposure and a huge deterrent to mass merchant adoption. Anonymity, with the exception of certain merchants, is also a deterrent to mass adoption.

Unfortunately, I am having a very busy day and do not have the time to elaborate this further. I will conclude that in the absence of the irreversible feature and a required true anonymity for DNotes my optimism for the success of DNotes would be severely degraded. That is how strongly I feel about these two functions of Bitcoin as a digital currency technology.

This is one rare time I would outright disagree with Bill Gates.

Point #1:
If you allow "chargebacks", then it is NOT a currency. If you make any crypto-currency reversable, then that currency IS NOT currency. It is NOT money. It becomes another "form of payment" needing a "trusted third party".

Point #2:
If a bitcoin transaction can be reversed, the extra anonymity inherent to blockchain transactions would make it ALMOST impossible to know WHO reversed the transaction. (I say ALMOST impossible, because the blockchain is really totally transparent, so it is not impossible, but tracking down a single transaction, especially if that transaction [darkcoin stuff] is intentionally made hard to track would make it impossible for almost all Merchants). In other words, from a merchant's point of view (and I am an experienced merchant with income that is about 75% credit card, 20% PayPal, and less than 5% checks and cash), I would NEVER take crypto-currency that could have that kind of risk exposure. Credit Cards and PayPal are bad enough for chargebacks. I could not imagine trying to track and identify a "chargeback" of crypto-currency.   

Summary:
Irreversable transactions are part of the very fabric of what makes crypto-currency crypto-currency. Take that fundamental rule away, it is no longer money. It is a form of payment, needing a "trusted" third party. That fact, by definition, means it is NOT crypto-currency, and NOT money. 

Just my two cents worth.....
Smokey

[Dyna]

Here's something I would like to hear some comments on. I initially posted this in the Digibyte forum since they were discussing the issue but, I would like to see what everyone here thinks:

"I'm hearing a lot of noise about Bitcoin's "flaw" regarding non reversible transactions. This is both a good and bad feature in the protocol depending on what the transaction is for. Perhaps, a solution would be to change the code so the transaction IS reversible for some period of time or, until the receiving party physically accepts it. Thoughts?"

Seems this is one of the holdups for mass adoption although most of that noise is coming from the established money/credit providers. Do you agree?

This is my take and I will try to make it brief. The irreversible feature of Bitcoin is an important security component and a great selling point to merchants. Legitimate merchants stand by their products and services they sell. Buyers have full recourse to a refund of their payments, if they so demand, within some reasonable scope of limitations, either directly or through the court of laws. I do not see this as an added risk exposure to the consumers, but a significant protection for merchants.

Reversible payments will drastically increase merchants’ risk exposure and a huge deterrent to mass merchant adoption. Anonymity, with the exception of certain merchants, is also a deterrent to mass adoption.

Unfortunately, I am having a very busy day and do not have the time to elaborate this further. I will conclude that in the absence of the irreversible feature and a required true anonymity for DNotes my optimism for the success of DNotes would be severely degraded. That is how strongly I feel about these two functions of Bitcoin as a digital currency technology.

I agree, not being able to reverse the transaction is a great feature. I think it's mostly fishy merchants are having a problem with it and. of course, credit card companies who are attempting to scare the public into thinking they could never get a refund for a mistake. While this MAY be true in person to person (stranger to stranger) transactions, any respectable merchant will manually issue a refund for a problem.

We really need to educate the public that refunds are possible and it is desirable for merchants to issue them when needed as any honest seller would. This is the time of lies and half truths, every group has an agenda, some good, some bad and many are willing to say anything to push it. Educate, educate, educate...


Speaking of merchants, rumor has it that McDonalds MAY start accepting Bitcoin. As I said, rumor but, it's certainly possible. See this article:

http://bitcoinist.net/mcdonalds-might-start-accepting-bitcoin-soon/

What do you want to bet it's ApplePay but the spokesman doesn't understand the difference?

You are correct. We need to step up our efforts to educate others when we can.That includes our political leaders. Just haven't figure out the most effective way to do that. If DNotes can win over the mainstream media and becomes a media sensation, that could be the key. I am working on it. Our family of CR.I.S.Ps. could very well be the driver, because it is very broadbase and potentially very far reaching. Let's give it our very best. By the way, I will start working with our PR soon on the Press Release for CR.I.S.P. For Retirement scheduled for the week of Feb. 16, 2015.

McDonalds accepting Bitcoin? Interesting but I am not ready to bet my money on that. ApplePay is more likely.  

[mafort1469]

Been swamped with end of month at work all so my apologies for no posts. I would love to help out with the PR items for the CR.I.S.P. for retirement. Please let me know what I can do to help. Thanks.

[Dyna]

This is one we like to follow closely. The following statement caught my attention. They could be pushing the compliance envelope. The second subject that caught my attention was "micropayment" which will definitely be an important part of the Digital Age.

"Binns further added that TipUp.me was currently working closely "to navigate regulatory and compliance hurdles in various jurisdictions," as the company is opened "to very specific requirements in order to maintain solid relationships with credit card processors."


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

TipUp.me Lets You Top Up Your ChangeTip Account Using Credit and Debit Cards

[/b]

by Diana Ngo @ 2015-01-27 05:31 PM
http://cointelegraph.com/news/113375/tipupme-lets-you-top-up-your-changetip-account-using-credit-and-debit-cards

  
TipUp.me, a new service allowing users to top-up their ChangeTip accounts using credit or debit card, is surfing on the popular tipping movement to boost mainstream adoption.

Launched in February 2014, ChangeTip is a low-friction micropayment infrastructure for the Internet that allows users to send bitcoins and fiat currencies via popular social media, including Twitter, YouTube, Google Plus, Tumblr, StockTwit, Reddit or GitHub, and most recently Facebook and Slack.

Aiming to become the "love button for the Internet" by allowing users to easily send "feeless micro-donations to content creators," ChangeTip went viral in early November 2014, notably on Reddit, where users started giveaway threads, attracting newbies to the /r/Bitcoin community.

It is following ChangeTip's tremendous success that Will Binns, a former maintainer of Bitcoin.org and Bitcoin.com, who also worked as a product manager at Blockchain.info, started thinking about a tool that would make the tipping process even easier:

"One of the biggest things I've looked for is a super practical and helpful utilization of the technology that will fluidly lead more people into adopting it," TipUp.me founder Will Binns told CoinTelegraph.

Prior to TipUp.me, ChangeTip users had to have a Bitcoin address, or sign up to a Bitcoin exchange to fund their wallet, and then their ChangeTip account. By acting as an independent operator, TipUp.me streamlines this process by allowing people to refill their ChangeTip account using either a credit or debit card.

"We felt that this was too many steps and a potentially complex barrier to entry for many new users to navigate, especially those who do not know anything about Bitcoin," Binns told NewsBTC in an interview. "We built TipUp.me to solve this problem and make this process as easy as possible."

"We want to make it as easy as possible for new users to start tipping their friends, family and others using ChangeTip - we think credit and debit cards are the key."
Users top-up their ChangeTip account with a major credit or debit card by purchasing a prepaid card, or what TipUp.me calls a "Tip-Up," amounting of US$10, US$25 or US$50. The amount is automatically sent to the user's ChangeTip account, where it becomes immediately spendable.

For each Tip-Up, the startup charges a US$1 processing fee, "mainly to cover bank fees on its side for taking credit cards," noted Binns.

Binns further added that TipUp.me was currently working closely "to navigate regulatory and compliance hurdles in various jurisdictions," as the company is opened "to very specific requirements in order to maintain solid relationships with credit card processors."

TipUp.me is currently running under beta version, and is said to launch to the public in the coming weeks. Those interested in testing the service can request an invite.

[Dyna]

The following article is quite good but I personally think it takes a lot more than stated to achieve mass acceptance of Bitcoin. My personal rating of the article is "quite good but incomplete".  Let us know what you think. It may help others to gain a better understanding why DNotes has taken a different path to enable mass consumer and merchant adoption of Digital Currency.

How Bitcoin Will Achieve Mass Acceptance (Op-Ed

[/b])
by Guest Author @ 2015-01-28 01:00 PM
  
By Dwain Findlay

Note: The following article has been hand picked for being one of the standouts in the Ziftr article contest on the topic of what needs to happen for Bitcoin to enter the mainstream. Happy reading.

What will be the impetus of Bitcoin mass acceptance? There are basically three schools of thought on this topic, Merchant Adoption, Third World Unbanked, and Wall Street Investment.

All three of these avenues to mass acceptance are compelling reasons for the spread of Bitcoin and all of them will play role in world wide acceptance of the digital currency but I believe that Wall Street investment will be the initial and primary impulsion that moves Bitcoin out of the esoteric world of technology enthusiasts and internet back alleys like Silk Road and into the mainstream of finance and commerce.

Let us first examine merchant adoption. The conventional wisdom says when a significant percentage of merchants start accepting Bitcoin, it will facilitate mass acceptance by consumers. The problem is that wider merchant adoption has not thus far translated into an increase in consumer demand for the currency. This is evident from the recent 30% price decline despite bitcoin acceptance from major online retailers such as Dell, Overstock and even Microsoft. Although merchants have an incentive to accept bitcoin (since they save 2%-3% in processing fees and they don’t have to worry about charge backs), consumers are offered no compelling reason to use bitcoin for purchases instead of a credit card. But what about bitcoin’s potential in the third world market? Yes, Bitcoin has a huge potential for the over 2.5 billion unbanked people in developing countries. The problem is that most people receiving Bitcoin from relatives in the United States or Europe will need to convert them to their local currency, thus dumping their bitcoins back on the market.

Also they will need access to a Bitcoin ATM or open a bank account in order to convert their bitcoin into the local fiat. Unfortunately it is still far too early in the currency’s evolutionary process to penetrate those markets since there are few if any Bitcoin ATMs or cryptocurrency exchanges in those countries.

Now let’s take a look at the last scenario: Wall Street investment. The emergence of Bitcoin investment trusts could be a game changer for the mass acceptance of the Cryptocurrency. Once investment firms begin purchasing large quantities of the currency, it should ignite a price surge that will take it to new heights. At a recent government auction, one investment firm purchased 40,000 bitcoins but since these coins were not purchased from a cryptocurrency exchange, it had no effect on the price. That will soon change when institutional investors such as insurance companies and retirement funds start to invest. This large influx of capital will drive the price of bitcoin far beyond the US$1,100 high of one year ago. But how will this lead to mass acceptance? Well, it is the bandwagon effect: when the price goes up dramatically Bitcoin gets a lot of attention from the news media. This is precisely what happened a year ago when the price was at an all time high. Media hype creates awareness and curiosity in the minds of consumers. Soon these people jump on the Bitcoin bandwagon by purchasing some bitcoin.

Retailers begin to notice that a significant number of consumers own bitcoin and worry that if they don’t accept the currency they will be at a competitive disadvantage to the retailers who do. This leads to mass adoption by retailers that are trying to avoid being left behind in the new cryptocurrency revolution. This is how I believe mass acceptance will come about


http://cointelegraph.com/news/113381/how-bitcoin-will-achieve-mass-acceptance-op-ed

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[Chase]

The following article is quite good but I personally think it takes a lot more than stated to achieve mass acceptance of Bitcoin. My personal rating of the article is "quite good but incomplete".  Let us know what you think. It may help others to gain a better understanding why DNotes has taken a different path to enable mass consumer and merchant adoption of Digital Currency.

How Bitcoin Will Achieve Mass Acceptance (Op-Ed

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by Guest Author @ 2015-01-28 01:00 PM
  
By Dwain Findlay

Note: The following article has been hand picked for being one of the standouts in the Ziftr article contest on the topic of what needs to happen for Bitcoin to enter the mainstream. Happy reading.

What will be the impetus of Bitcoin mass acceptance? There are basically three schools of thought on this topic, Merchant Adoption, Third World Unbanked, and Wall Street Investment.

All three of these avenues to mass acceptance are compelling reasons for the spread of Bitcoin and all of them will play role in world wide acceptance of the digital currency but I believe that Wall Street investment will be the initial and primary impulsion that moves Bitcoin out of the esoteric world of technology enthusiasts and internet back alleys like Silk Road and into the mainstream of finance and commerce.

Let us first examine merchant adoption. The conventional wisdom says when a significant percentage of merchants start accepting Bitcoin, it will facilitate mass acceptance by consumers. The problem is that wider merchant adoption has not thus far translated into an increase in consumer demand for the currency. This is evident from the recent 30% price decline despite bitcoin acceptance from major online retailers such as Dell, Overstock and even Microsoft. Although merchants have an incentive to accept bitcoin (since they save 2%-3% in processing fees and they don’t have to worry about charge backs), consumers are offered no compelling reason to use bitcoin for purchases instead of a credit card. But what about bitcoin’s potential in the third world market? Yes, Bitcoin has a huge potential for the over 2.5 billion unbanked people in developing countries. The problem is that most people receiving Bitcoin from relatives in the United States or Europe will need to convert them to their local currency, thus dumping their bitcoins back on the market.

Also they will need access to a Bitcoin ATM or open a bank account in order to convert their bitcoin into the local fiat. Unfortunately it is still far too early in the currency’s evolutionary process to penetrate those markets since there are few if any Bitcoin ATMs or cryptocurrency exchanges in those countries.

Now let’s take a look at the last scenario: Wall Street investment. The emergence of Bitcoin investment trusts could be a game changer for the mass acceptance of the Cryptocurrency. Once investment firms begin purchasing large quantities of the currency, it should ignite a price surge that will take it to new heights. At a recent government auction, one investment firm purchased 40,000 bitcoins but since these coins were not purchased from a cryptocurrency exchange, it had no effect on the price. That will soon change when institutional investors such as insurance companies and retirement funds start to invest. This large influx of capital will drive the price of bitcoin far beyond the US$1,100 high of one year ago. But how will this lead to mass acceptance? Well, it is the bandwagon effect: when the price goes up dramatically Bitcoin gets a lot of attention from the news media. This is precisely what happened a year ago when the price was at an all time high. Media hype creates awareness and curiosity in the minds of consumers. Soon these people jump on the Bitcoin bandwagon by purchasing some bitcoin.

Retailers begin to notice that a significant number of consumers own bitcoin and worry that if they don’t accept the currency they will be at a competitive disadvantage to the retailers who do. This leads to mass adoption by retailers that are trying to avoid being left behind in the new cryptocurrency revolution. This is how I believe mass acceptance will come about


http://cointelegraph.com/news/113381/how-bitcoin-will-achieve-mass-acceptance-op-ed

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"What will be the impetus of Bitcoin mass acceptance? There are basically three schools of thought on this topic, Merchant Adoption, Third World Unbanked, and Wall Street Investment."

What happened to "We the people"?  He does mention the fact in his last paragraph that when enough consumers own bitcoin, merchants / mass adoption will follow.  DNotes is going about it the right way by getting it into the hands of the people first and has done so since day one.

As far as the Wall Street investment part goes, I agree with a lot of what he said.  The media attention, the huge spike in demand / price will certainly bring a lot more people into cryptocurrency.  It will be different this time though, because "we the people" holding DNotes will be here before the institutional investors, and that never happens.