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

[kold678]

im still on track with you all here as Dnotes is the only thing I've pointed my miners at for a very long time.. Keep up this amazing journey

[DNotes]

im still on track with you all here as Dnotes is the only thing I've pointed my miners at for a very long time.. Keep up this amazing journey

Thank you kold678!

[mafort1469]

DNotes is the only digital currency that you will ever need. Period.

[IMZ]

tee hee

In one week:

bought silver bullion with Dnotes, and

bought 121 Dnotes from . . . an Australian miner! Otc purchase: Transaction ID: f607b1c4b9eea4ec54c1cdde34ea8364b2fef566c7102a9177154d009a82573d

Mark

[TeeGee]

I was giving a think to the best ways to educate friends as quickly as possible about crypto, and I'm wondering what video content or quick snippets you find best to communicate?

I personally find the video here from 2013 to be extremely educational, Stefan covers many of the topics covered in this forum on Bitcoin including how it works, the value in the technology and the political and monetary consequences by disrupted parties. I think there is so much information in there that even seasoned crypto-geeks will be introduced to new implications of the technology they hadn't yet thought of.

https://www.youtube.com/watch?v=w4HGVJjqDVk

The video is 50 minutes long, but I feel that most people would finish with a very strong base of the advantages of crypto / Bitcoin and the challenges disrupted parties cause that are impeding mass adoption. Does anybody know of anything shorter?

[Chase]

I was giving a think to the best ways to educate friends as quickly as possible about crypto, and I'm wondering what video content or quick snippets you find best to communicate?

I personally find the video here from 2013 to be extremely educational, Stefan covers many of the topics covered in this forum on Bitcoin including how it works, the value in the technology and the political and monetary consequences by disrupted parties. I think there is so much information in there that even seasoned crypto-geeks will be introduced to new implications of the technology they hadn't yet thought of.

https://www.youtube.com/watch?v=w4HGVJjqDVk

The video is 50 minutes long, but I feel that most people would finish with a very strong base of the advantages of crypto / Bitcoin and the challenges disrupted parties cause that are impeding mass adoption. Does anybody know of anything shorter?

There is an large selection of videos on CryptoMoms.  Maybe everyone could take a look at what is there and comment if they have seen any of them (our very own in-house video critics).

http://cryptomoms.com/forum/general-discussion/9/cryptocurrency-video-thread/110/

[TeeGee]

These links are very helpful Chase, Thanks!

[Dyna]

 
Very seldom do I have to read an article three times and not be sure what it was all about. I would usually read it the first time attentively followed by a quick read or scan on the key points. Okay, so may be, I put in too many 14 to 16 hours days and need to start spending some time working in the gardens. I know for certain that I have to do that soon. Or could it be that my brains just refused to believe what I was reading.

Active visitors and bloggers of this forum have heard that Bitcoin is highly disruptive, meaning that if there is mass acceptance of Bitcoin one day, as a form of payment, (medium of exchange) businesses highly dependent on revenue from providing other forms of payments like Paypal, credit and debit cards will be disrupted or negatively affected, unless they can effectively adjust and adapt. My guess is that Paypal is doing just that, though I am not sure if they can adjust and adapt effectively soon enough.

Is what they are doing sufficiently effective to the extend that there will not be a better form of payment in the future, perhaps using a different digital currency, such as DNotes? Since the senior management of Paypal, credit and debit cards may not even have heard of DNotes, it is not likely that there are any reasons for concern. After all, Bitcoin has been too volatile and DNotes is not planning to promote its digital currency as a form of payment until next year. However, it is rumored it may be starting a pilot test soon to determine if customers could fall in love with DNotes as much as the have with Daylilies. http://smokeysdaylilygardens.com/
 

Merchants pay as much as 5% to 10% in fees, charge back and fraud related cost burden. Accepting a stable digital currency such as DNotes can be very attractive, according to Rocky DeLucenay, Co-owned of Smokeys Daylily Gardens, one of the largest daylily growers in the world located in Coldwater, Michigan. Stay tuned for more.





 Evander Smart
  25/04/2015
https://www.cryptocoinsnews.com/bitcoin-future-paypal-changes-terms-service-take-content/


BITCOIN IS THE FUTURE: PAYPAL CHANGES TERMS OF SERVICE TO TAKE YOUR CONTENT

PayPal has joined forces with Bitcoin as a sort of keep-your-friends-close-and-your-enemies closer tactic. Bitcoin is designed to overtake and make obsolete services like Paypal and Western Union. It is faster, less expensive, and doesn’t require their third-party services to accomplish the same objectives. It is a better PayPal, and they know it.

Now that the Internet has borne this superior option, it would be wise for PayPal to foster a stronger connection with its customer base to keep them happy and in the fold, no? PayPal doesn’t see it that way. In fact, they may be looking to drive more people towards the freedom and convenience of Bitcoin with their upcoming changes this summer.

PayPal’s Terms of Service to change July 1st, 2015
If you haven’t seen this, you should, and you should share this with your friends, family, anyone who used PayPal in connection with a website providing online content. On July 1st, 2015, Paypal will update it’s TOS agreement to take away any and all intellectual rights to any content you provide online. If you use Paypal to accept PayPal, they will attempt to take ownership of any online content you add to your business or website. Here is a key excerpt that basically starts the new PayPal TOS:
Amendment to the PayPal User Agreement.
Intellectual Property

We are adding a new paragraph to section 1.3., which outlines the license and rights that you give to us and the PayPal Group (see paragraph 12 below for the definition of “PayPal Group”) to use content that you post for publication using the Services. A similar paragraph features in the Privacy Policy, which is removed by the addition of this paragraph to the User Agreement. The new paragraph at section 1.3 reads as follows:


“When providing us with content or posting content (in each case for publication, whether on- or off-line) using the Services, you grant the PayPal Group a non-exclusive, worldwide, perpetual, irrevocable, royalty-free, sub-licensable (through multiple tiers) right to exercise any and all copyright, publicity, trademarks, database rights and intellectual property rights you have in the content, in any media known now or in the future. Further, to the fullest extent permitted under applicable law, you waive your moral rights and promise not to assert such rights against the PayPal Group, its sublicensees or assignees. You represent and warrant that none of the following infringe any intellectual property right: your provision of content to us, your posting of content using the Services, and the PayPal Group’s use of such content (including of works derived from it) in connection with the Services.”

Also Read: Paypal Exec Aims to take Biometrics to a Whole New Level: Goodbye Passwords
If you haven’t been following these developments, multi-national businesses are working with governments to take control of internet usage, regulations, and even local government utilities through international treaties like the Trans-Pacific Partnership (TPP). The TPP is being secretly being constructed, without public or legislative consult, and is a massive outline of future controls by businesses on many aspects of your life. You aren;’t supposed to know what lies ahead with the TPP. Search online for more information on the TPP, and check WikiLeaks for more details on what little has been exposed to this attack on freedom. This is clearly a step along these growing lines of corporate fascism.

It looks like PayPal has joined the dark side, but freedom rings within the Bitcoin community, and this just underscores why Bitcoin is here and why it is the future of online technology and business. It’s all about control. Their control. See the link above about their plans for biometric control over your account. Paypal looks ready to confiscate your online content, and your business if you let them. Bitcoin brings power to the people. The choice is yours. Consider yourselves warned.

Is PayPal on a righteous path or are they on the wrong side of history? Do you like owning your content, or can PayPal take it, just because you use their payment service? Share above and comment below.
Updated: April 25, 2015 at 4:04 pm CET.

[infovortice2013]

Snowden share this control  so controllers are controled now ... they try this shitty stuff while maidsafe and king dot com net are being delivered. Nice game.

[TeeGee]

“When providing us with content or posting content (in each case for publication, whether on- or off-line) using the Services, you grant the PayPal Group a non-exclusive, worldwide, perpetual, irrevocable, royalty-free, sub-licensable (through multiple tiers) right to exercise any and all copyright, publicity, trademarks, database rights and intellectual property rights you have in the content, in any media known now or in the future. Further, to the fullest extent permitted under applicable law, you waive your moral rights and promise not to assert such rights against the PayPal Group, its sublicensees or assignees. You represent and warrant that none of the following infringe any intellectual property right: your provision of content to us, your posting of content using the Services, and the PayPal Group’s use of such content (including of works derived from it) in connection with the Services.”


If I read that right, they are claiming ownership over all delayed onset coding like smart contracts, novels, music or any other content type that can be transferred across the Blockchain using Paypal services. Bitcoin could 'use' paypal for exposure for the time-being, but users should be certain to never use the Paypal network for anything but basic bitcoin processing. If Paypal is to join forces with Government and enact civil forfeiture, then any house or property contract, novel or content will be seizable by Palpay and their supporting institutions.

The TPP, from what I can tell is awful legislation, and I'm growing tired of people calling it some 'free-trade deal'. Free-trade deals don't require negotiation over which subsidies and industries will be protected, free trade requires zero negotiation full stop! These agreements are in fact occurring behind closed doors, and the politicians responsible are openly saying that this is to protect the likelihood of the agreements reaching an appropriate form for select committee / congressional approval. They don't want the draft for the TPPA getting shut down by hysteria over national sovereignty fears. Digital Currencies ignore national sovereignty, they are useful anywhere. We have our network of free-trade (exchange) with nearly no fees with one another using blockchain. One day these benefits will spread to Government interactions with one another. After world citizens adopt crypto, they will demand free exchange between countries using common currencies - much like the Euro-zone. To think that Digital Currency could end strict trade restrictions like Tariffs and subsidies in decade, maybe two?

Tariffs both make local economies inefficient due to mis-allocation of resources, and subsidies keep otherwise unprofitable businesses afloat. These trade protections also cause much harm to countries on the other side of the world who can't get their goods into big markets like the US at competitive prices.

Sending excess grains to impoverished nations is not much help either to these struggling nations, and doing nothing but destroying their local producers ability to sustain themselves. We put them out of business because nobody can compete against 'free' stuff. If somebody with limitless money bought Tesla Motors and started producing free cars for everybody in the USA, the entire auto-industry would be broke within a year. We keep these developing nations dependent on our foreign aid - the most important thing they can do for themselves is adopt Digital Currencies and get meaningful liquidity into their markets, and start with p2p investing so we can help end this mess. Perhaps that is one for CRISP for Charity to consider!

[RJF]

This is a really interesting article about why Bitcoin et al, will thrive from an evolutionary point of view:

Nozomi Hayase PhD, is a writer covering issues of freedom of speech, transparency and decentralized movements. In this article, she looks at bitcoin in the context of Darwin's evolutionary theories.

"Evolution

In the six years since the inception of Satoshi Nakamoto's blockchain, many have begun to see bitcoin as a disruption force in the future of finance.

Put simply, money is a ledger – one that has now become programmable. Now anyone can create their own currency and with simple scripting language, different values can be coded to manifest values of community.

Economists try to understand this new innovation through modern monetary theory, while those who advocate economic equality tend to dismiss bitcoin as Wall Street-friendly currency with a libertarian bent.

Yet, careful examination of its design reveals how the vision of this technology transcends political ideology. In actuality, it is best understood as a representation of innate human nature and as an innovation that can foster evolution of the species.

Darwin’s vision

The vision of man put forward by naturalist Charles Darwin in the 19th century contained aspects of human nature that can appear somewhat contradictory.

Most people are familiar with Darwin’s theory of genetic mutation, natural selection and the survival of the fittest from The Origin of Species. But his second work, The Descent of Man was largely ignored. In it, Darwin argued for recognition of the higher nature of man based on innate altruism and love.

These seemingly opposing characteristics appear in two polarized images that are developing in bitcoin.

On one hand bitcoin is often associated with the dark side of humanity, seen in events such as speculators' manipulation, the Silk Road scandals and the demise of Mt Gox, while on the other hand it evokes altruistic aspirations shown in its fast growing usage for charity and tipping.

These two human tendencies are inherent in this technology’s unique architecture. Bitcoin brings a new monetary design that has never existed before.

At first glance, with its fixed supply (a total of 21 million bitcoins will be created), it can appear as a gold-like asset. This is one reason why it is attracting investors and speculators and is criticized by economists as deflationary, thereby incentivizing hoarding.

Yet, this is only half the puzzle. Unlike gold, bitcoin can be infinitely divided (into 8 decimal points and more if consensus is reached). Along with this contradictory message of scarcity (finite supply) and abundance (infinite divisibility), Darwin’s dualistic human nature is manifested in the function of mining.

The mining pools at the heart of the bitcoin network are like worker owned co-ops; they self-organize through mutual aid, competing while cooperating through sharing resources.

Digital scarcity

The foundation upon which bitcoin’s programing language is written is open source. Unlike corporate proprietary software, anyone can read it and modify the code. This makes blockchain networks open to anyone.

The concept of open source has over the last decade challenged crony capitalism. In his blog piece, Watching Open Source Destroy Capitalism, JD Moyer described how “capitalism is based on scarcity” with private production and distribution. He argued how open source challenges this scarcity by reducing or eliminating the cost of production and distribution.

With the invention of the BitTorrent file sharing protocol, communal and altruistic impulses suppressed by the dominant ownership culture found expression online.

Till now, this trend of sharing has not been associated with money and has grown separately from an individualistic and entrepreneurial spirit. The invention of the blockchain has opened up a new path to link these often conflicted aspects of human nature manifested in the ideological schism of capitalism and socialism; between on one hand an impulse for competition for healthy price discovery and on the other cooperation for sharing.

Satoshi’s perfect market

The core invention of the blockchain technology is its solving of the doublespend problem. In his creation of HashCash, cryptographer Adam Back introduced the concept of digital scarcity; a way to make an object in the digital world scarce.

IBM's Richard Gendal Brown noted how this scarcity is bitcoin’s irreducible essence, namely enabling "transfer without duplication".

Until the emergence of bitcoin, scarcity in the digital world was artificially created through enforcement of copyright law and proprietary models of access restriction. Now, bitcoin creates scarcity through algorithmic consensus.

Silicon Valley tech entrepreneur and author Andreas Antonopoulos acknowledged that the creator Satoshi Nakamoto not only invented a new currency, but he also gave us the world’s first "perfect market".

Through mathematical solutions found within the chaos of unpredictable, unrepeatable random numbers, new bitcoins are conceived and blocks created. Similar to DNA code, every bitcoin is like a unique cell that can’t be replicated. Cells do not multiply, but divide without losing intrinsic value in order to support growth and health of the larger organism.

Currency of abundance

Unlike bitcoin’s living ecosystem, in the current fiat world, central control kills the spontaneous force of the market. It turned the system into a mechanical and ruthless machine. A dead system can’t nourish itself. It becomes parasitic and sustains itself through incurring debts, stealing and extracting through rent seeking.

In this paradigm, the language of scarcity locks people in, fueling fear and rewarding those who control and exploit. The callous aspects of man have dragged the whole world into a virtual reality of an abstract Nintendo computer game, in which humanity is degraded into heartless cyborgs, engaging in drone attacks, sweatshop mass exploitation and financial colonization.

The invention of the blockchain is offering a way out of this tyrannical system of control.

Satoshi’s perfect market enables a distributed system of accountability. By rewarding those who abide by the rules, it regulates man’s fallible nature and secures the system. It channels aggressive and competitive parts of human nature and directs them to constructively serve higher ideals embedded in this technology.

The blockchain as a public asset ledger is an asset in and of itself. As the network matures, bitcoin’s scarcity that helped to develop the system and add value comes to fruition with the companion feature of expansion through infinite divisibility. Through non-inflatable solid value, abundance is created, becoming a currency that carries the innate human nature of sharing.

The evolution of our species has for so long been stagnated through religious dogma, patriarchy, as well as economic and political oppression.

As the centralization of man’s greed has held humanity down for centuries, a piece of mathematics enshrined in computer code has unleashed a new potential. As levers of control are removed, money used to coerce and enslave people is now being transformed to become a flow that can realize the innate capacity for altruism encoded in our DNA.

The path of evolution is now cleared. We no longer need permission. Each individual can freely respond to the call within to rise higher."

[DNotes]

“When providing us with content or posting content (in each case for publication, whether on- or off-line) using the Services, you grant the PayPal Group a non-exclusive, worldwide, perpetual, irrevocable, royalty-free, sub-licensable (through multiple tiers) right to exercise any and all copyright, publicity, trademarks, database rights and intellectual property rights you have in the content, in any media known now or in the future. Further, to the fullest extent permitted under applicable law, you waive your moral rights and promise not to assert such rights against the PayPal Group, its sublicensees or assignees. You represent and warrant that none of the following infringe any intellectual property right: your provision of content to us, your posting of content using the Services, and the PayPal Group’s use of such content (including of works derived from it) in connection with the Services.”


If I read that right, they are claiming ownership over all delayed onset coding like smart contracts, novels, music or any other content type that can be transferred across the Blockchain using Paypal services. Bitcoin could 'use' paypal for exposure for the time-being, but users should be certain to never use the Paypal network for anything but basic bitcoin processing. If Paypal is to join forces with Government and enact civil forfeiture, then any house or property contract, novel or content will be seizable by Palpay and their supporting institutions.

The TPP, from what I can tell is awful legislation, and I'm growing tired of people calling it some 'free-trade deal'. Free-trade deals don't require negotiation over which subsidies and industries will be protected, free trade requires zero negotiation full stop! These agreements are in fact occurring behind closed doors, and the politicians responsible are openly saying that this is to protect the likelihood of the agreements reaching an appropriate form for select committee / congressional approval. They don't want the draft for the TPPA getting shut down by hysteria over national sovereignty fears. Digital Currencies ignore national sovereignty, they are useful anywhere. We have our network of free-trade (exchange) with nearly no fees with one another using blockchain. One day these benefits will spread to Government interactions with one another. After world citizens adopt crypto, they will demand free exchange between countries using common currencies - much like the Euro-zone. To think that Digital Currency could end strict trade restrictions like Tariffs and subsidies in decade, maybe two?

Tariffs both make local economies inefficient due to mis-allocation of resources, and subsidies keep otherwise unprofitable businesses afloat. These trade protections also cause much harm to countries on the other side of the world who can't get their goods into big markets like the US at competitive prices.

Sending excess grains to impoverished nations is not much help either to these struggling nations, and doing nothing but destroying their local producers ability to sustain themselves. We put them out of business because nobody can compete against 'free' stuff. If somebody with limitless money bought Tesla Motors and started producing free cars for everybody in the USA, the entire auto-industry would be broke within a year. We keep these developing nations dependent on our foreign aid - the most important thing they can do for themselves is adopt Digital Currencies and get meaningful liquidity into their markets, and start with p2p investing so we can help end this mess. Perhaps that is one for CRISP for Charity to consider!

The key here is in the first six words. What do they consider content and what content would you provide THEM?. It doesn't sound like they have any rights to your website content in general. Perhaps they mean the code used to pass payments on to them from a website or and advertising of PayPal on your site. This needs to be analyzed further.

It is perplexing as to why they would need such an amendment, PayPal needs to weigh in and clear this up. I reviewed their terms of service looking for context and clues, but was unable to come up with any reasonable explanation.

[DNotes]

Interesting read here on coindesk. From the moment I started to fully understand cryptocurrency and how it worked, it struck me like an epiphany that this technology could help guide human financial and social evolution. When you look at the way things are and try to incorporate cryptocurrency, it can be difficult to see it's value. When you look at how things can evolve to create a cryptocurrency dominant society, it becomes very exciting.

Bitcoin Paves a Way for Evolution of the Species

Economists try to understand this new innovation through modern monetary theory, while those who advocate economic equality tend to dismiss bitcoin as Wall Street-friendly currency with a libertarian bent.

Yet, careful examination of its design reveals how the vision of this technology transcends political ideology. In actuality, it is best understood as a representation of innate human nature and as an innovation that can foster evolution of the species.

http://www.coindesk.com/bitcoin-paves-a-way-for-evolution-of-the-species/

[RJF]

“When providing us with content or posting content (in each case for publication, whether on- or off-line) using the Services, you grant the PayPal Group a non-exclusive, worldwide, perpetual, irrevocable, royalty-free, sub-licensable (through multiple tiers) right to exercise any and all copyright, publicity, trademarks, database rights and intellectual property rights you have in the content, in any media known now or in the future. Further, to the fullest extent permitted under applicable law, you waive your moral rights and promise not to assert such rights against the PayPal Group, its sublicensees or assignees. You represent and warrant that none of the following infringe any intellectual property right: your provision of content to us, your posting of content using the Services, and the PayPal Group’s use of such content (including of works derived from it) in connection with the Services.”


If I read that right, they are claiming ownership over all delayed onset coding like smart contracts, novels, music or any other content type that can be transferred across the Blockchain using Paypal services. Bitcoin could 'use' paypal for exposure for the time-being, but users should be certain to never use the Paypal network for anything but basic bitcoin processing. If Paypal is to join forces with Government and enact civil forfeiture, then any house or property contract, novel or content will be seizable by Palpay and their supporting institutions.

The TPP, from what I can tell is awful legislation, and I'm growing tired of people calling it some 'free-trade deal'. Free-trade deals don't require negotiation over which subsidies and industries will be protected, free trade requires zero negotiation full stop! These agreements are in fact occurring behind closed doors, and the politicians responsible are openly saying that this is to protect the likelihood of the agreements reaching an appropriate form for select committee / congressional approval. They don't want the draft for the TPPA getting shut down by hysteria over national sovereignty fears. Digital Currencies ignore national sovereignty, they are useful anywhere. We have our network of free-trade (exchange) with nearly no fees with one another using blockchain. One day these benefits will spread to Government interactions with one another. After world citizens adopt crypto, they will demand free exchange between countries using common currencies - much like the Euro-zone. To think that Digital Currency could end strict trade restrictions like Tariffs and subsidies in decade, maybe two?

Tariffs both make local economies inefficient due to mis-allocation of resources, and subsidies keep otherwise unprofitable businesses afloat. These trade protections also cause much harm to countries on the other side of the world who can't get their goods into big markets like the US at competitive prices.

Sending excess grains to impoverished nations is not much help either to these struggling nations, and doing nothing but destroying their local producers ability to sustain themselves. We put them out of business because nobody can compete against 'free' stuff. If somebody with limitless money bought Tesla Motors and started producing free cars for everybody in the USA, the entire auto-industry would be broke within a year. We keep these developing nations dependent on our foreign aid - the most important thing they can do for themselves is adopt Digital Currencies and get meaningful liquidity into their markets, and start with p2p investing so we can help end this mess. Perhaps that is one for CRISP for Charity to consider!

The key here is in the first six words. What do they consider content and what content would you provide THEM?. It doesn't sound like they have any rights to your website content in general. Perhaps they mean the code used to pass payments on to them from a website or and advertising of PayPal on your site. This needs to be analyzed further.

It is perplexing as to why they would need such an amendment, PayPal needs to weigh in and clear this up. I reviewed their terms of service looking for context and clues, but was unable to come up with any reasonable explanation.

Many time this type of change in TOS is preemptive of features yet to come and cannot be applied to current content. This seems to be what is going on here, something in the future not the present. In it's simplest form, it means they can say at some later date, "But look, it has been in the TOS for some time and nobody objected..."

[infovortice2013]

Interesting read here on coindesk. From the moment I started to fully understand cryptocurrency and how it worked, it struck me like an epiphany that this technology could help guide human financial and social evolution. When you look at the way things are and try to incorporate cryptocurrency, it can be difficult to see it's value. When you look at how things can evolve to create a cryptocurrency dominant society, it becomes very exciting.

Bitcoin Paves a Way for Evolution of the Species

Economists try to understand this new innovation through modern monetary theory, while those who advocate economic equality tend to dismiss bitcoin as Wall Street-friendly currency with a libertarian bent.

Yet, careful examination of its design reveals how the vision of this technology transcends political ideology. In actuality, it is best understood as a representation of innate human nature and as an innovation that can foster evolution of the species.

http://www.coindesk.com/bitcoin-paves-a-way-for-evolution-of-the-species/

[TeeGee]

Imaging if somebody was irresponsible enough to put a smart contract in the future through the Blockchain using Paypal!? Let's say it was a 'coloured coin' that represented ownership of a $500,000 property as outlined in the contract included in the blockchain transaction... Paypal are saying they have right to it.

Way to ruin your reputation, and trust from your community!!! They should clear this up soon.

[Dyna]

Imaging if somebody was irresponsible enough to put a smart contract in the future through the Blockchain using Paypal!? Let's say it was a 'coloured coin' that represented ownership of a $500,000 property as outlined in the contract included in the blockchain transaction... Paypal are saying they have right to it.

Way to ruin your reputation, and trust from your community!!! They should clear this up soon.

That is certainly correct. If someone must insist that I can only give a one word answer to the question; What is DNotes all about? TRUST. Without that I might as well get back to the hobby I am really passionate about: being a daylily hybridizer creating more grogeous daylilies.

[RJF]

Imaging if somebody was irresponsible enough to put a smart contract in the future through the Blockchain using Paypal!? Let's say it was a 'coloured coin' that represented ownership of a $500,000 property as outlined in the contract included in the blockchain transaction... Paypal are saying they have right to it.

Way to ruin your reputation, and trust from your community!!! They should clear this up soon.

That is certainly correct. If someone must insist that I can only give a one word answer to the question; What is DNotes all about? TRUST. Without that I might as well get back to the hobby I am really passionate about: being a daylily hybridizer creating more grogeous daylilies.

Thats why companies like PP hide those statements in TOS verbiage (garbage) that they hope no one will read much less understand. Another slap in the face to their customers.


Also, as a paypal commercial customer, I have sent the following inquiry to them:

"In the proposed change of TOS copied below, can you define "Content"? And, what part of MY content are you claiming to own or have rights to??

“When providing us with content or posting content (in each case for publication, whether on- or off-line) using the Services, you grant the PayPal Group a non-exclusive, worldwide, perpetual, irrevocable, royalty-free, sub-licensable (through multiple tiers) right to exercise any and all copyright, publicity, trademarks, database rights and intellectual property rights you have in the content, in any media] known now or in the future. Further, to the fullest extent permitted under applicable law, you waive your moral rights and promise not to assert such rights against the PayPal Group, its sublicensees or assignees. You represent and warrant that none of the following infringe any intellectual property right: your provision of content to us, your posting of content using the Services, and the PayPal Group’s use of such content (including of works derived from it) in connection with the Services.”
"

Lets see if I get an answer....

[CryptoBroker79]

Imaging if somebody was irresponsible enough to put a smart contract in the future through the Blockchain using Paypal!? Let's say it was a 'coloured coin' that represented ownership of a $500,000 property as outlined in the contract included in the blockchain transaction... Paypal are saying they have right to it.

Way to ruin your reputation, and trust from your community!!! They should clear this up soon.

PayPal's legal troubles have been piling up for years, perhaps this is why they and EBay announced a split. Here are just a few of the many legal issues involving PayPal.

April 20, 2015
"On April 9 (2015), PayPal Holdings Inc. (“PayPal”) issued a regulatory filing indicating that it may soon face a lawsuit from the Consumer Financial Protection Bureau.  The CFPB is targeting the activities of PayPal’s payments service, which lets consumers buy products before paying for them."
http://www.consumerfinancialserviceslawmonitor.com/2015/04/cfpb-may-sue-paypal-over-its-payment-services/?utm_source=Mondaq&utm_medium=syndication&utm_campaign=View-Original

October 17, 2012
"PayPal will follow Sony, Microsoft, Netflix, and many others in banning class action lawsuits by customers. Its new terms of service require any disputes between a user and PayPal to be resolved with arbitration, or in small claims court if they qualify."
http://www.theverge.com/2012/10/17/3511792/paypal-class-action-suit-ban

June 1, 2012
"The suit, filed in 2010, alleges eBay’s accepted payments policy has made PayPal the only viable payment method, and forces sellers to pay fees to both the marketplace and PayPal."
http://www.theonlineseller.com/2012/06/01/ebay-loses-bid-to-dismiss-payment-monopoly-claim/

August 17, 2009
EBay Denies Having Monopoly Over Online Auctions
"The sellers allege that eBay forces them to pay inflated transaction fees through its PayPal service."
http://www.law360.com/articles/116889/ebay-denies-having-monopoly-over-online-auctions

April 6, 2007
Michael Malone filed an antitrust class-action lawsuit against eBay this week under the Sherman Act, alleging eBay "utilizes its nationwide monopoly of the on-line auction market to monopolize the available forms of payment that sellers can use on eBay." eBay controls which payment methods sellers may advertise in their listings, and this year, it eliminated buyer-protection for non-PayPal transactions.
http://www.ecommercebytes.com/cab/abn/y07/m04/i06/s01

July 6, 2006
EBay is banning sellers from requesting payment through Google Checkout. The online auction giant updated its Safe Payments policy this week to add Google's new payment service, Google Checkout to its list of online payment methods not permitted on EBay.
http://www.ecommercebytes.com/cab/abn/y06/m07/i06/s02

February 21, 2002
"PayPal frequently locks customers accounts if it suspects that fraud played a part in a transaction, even if the amount in doubt is a fraction of the total amount in an account... Under the guise of needing to protect consumers from fraud, they themselves are guilty of fraudulent abuse of their customers."
http://news.cnet.com/2100-1017-842240.html

[CryptoBroker79]

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?