Bitcoin Forum
May 04, 2024, 10:56:51 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 ... 247 248 249 250 251 252 253 254 255 256 257 258 259 260 261 262 263 264 265 266 267 268 269 270 271 272 273 274 275 276 277 278 279 280 281 282 283 284 285 286 287 288 289 290 291 292 293 294 295 296 [297] 298 299 300 301 302 303 304 305 306 307 308 309 310 311 312 313 314 315 316 317 318 319 320 321 322 323 324 325 326 327 328 329 330 331 332 333 334 335 336 337 338 339 340 341 342 343 344 345 346 347 ... 515 »
  Print  
Author Topic: [ANN][NOTE]DNotes - Celebrating DNotes 3rd Birthday - Forum Now Open  (Read 814490 times)
RJF
Hero Member
*****
Offline Offline

Activity: 616
Merit: 500


Online since '89...


View Profile WWW
June 15, 2015, 04:20:56 AM
 #5921

Hello Friends, I'm new here. next 2 weeks will dedicate my presence here just to study. I'm Israeli journalist and poet. know: there is a lot to study about this amazing field of digital currencies

Welcome! Please tell us a bit about how Cryptocurrency is viewed in your country.

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.
Transactions must be included in a block to be properly completed. When you send a transaction, it is broadcast to miners. Miners can then optionally include it in their next blocks. Miners will be more inclined to include your transaction if it has a higher transaction fee.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1714820211
Hero Member
*
Offline Offline

Posts: 1714820211

View Profile Personal Message (Offline)

Ignore
1714820211
Reply with quote  #2

1714820211
Report to moderator
1714820211
Hero Member
*
Offline Offline

Posts: 1714820211

View Profile Personal Message (Offline)

Ignore
1714820211
Reply with quote  #2

1714820211
Report to moderator
1714820211
Hero Member
*
Offline Offline

Posts: 1714820211

View Profile Personal Message (Offline)

Ignore
1714820211
Reply with quote  #2

1714820211
Report to moderator
grandmama
Member
**
Offline Offline

Activity: 82
Merit: 10


View Profile
June 15, 2015, 06:20:26 AM
 #5922


Fantastic interview. Hit on great points along the way on this indepth interview.
 
matatyau-cohen
Member
**
Offline Offline

Activity: 72
Merit: 10


View Profile
June 15, 2015, 07:04:37 AM
 #5923

Hello Friends, I'm new here. next 2 weeks will dedicate my presence here just to study. I'm Israeli journalist and poet. know: there is a lot to study about this amazing field of digital currencies


Hi matatyau-cohen and welcome to DNotes!  Smiley

Thank you. I'll bring here my views and ideas and try together to go forward

Welcome to DNotes matatyau-cohen, might I suggest DNotes Educational Guide as a launching point to give yourself a quick overview of the industry before proceeding with in depth analysis.

You can find the original concept on Google Play https://play.google.com/store/apps/details?id=com.tool.DNotesEDU&referrer=utm_source%3Dgoogle%26utm_medium%3Dorganic%26utm_term%3Ddnotes+educational+guide&pcampaignid=APPU_1_JrJ8VdCFIoHUgwTbtpiYB

Thank You. I use this advise

Or try it in any browser at Fire Fighters for Digital Currency and Veterans for Digital Currency
http://v4dc.com/dnotes-educational-guide.html
http://ff4dc.com/dnotes-educational-guide.html

Version 2 is launching very soon, which will include more features and a cleaner appearance.
matatyau-cohen
Member
**
Offline Offline

Activity: 72
Merit: 10


View Profile
June 15, 2015, 07:18:21 AM
 #5924

Hello Friends, I'm new here. next 2 weeks will dedicate my presence here just to study. I'm Israeli journalist and poet. know: there is a lot to study about this amazing field of digital currencies

Welcome! Please tell us a bit about how Cryptocurrency is viewed in your country.

Thanks for your comment. I need to learn about this field before say anything connected to long run view or impression, anyway - Israel is a developed country so it is not different on how she seeing the CC market, another word she still try to digest the Adventure
Dyna
Legendary
*
Offline Offline

Activity: 1610
Merit: 1060


View Profile
June 15, 2015, 11:27:25 AM
Last edit: June 15, 2015, 12:12:23 PM by Dyna
 #5925

Breaking News:

1 Minutes Ago
6-15-2015

NEWS Channel 8
http://www.wfla.com/story/29319482/digital-currency-dnotes-to-present-at-nasdaq-in-new-york-builds-on-bitcoins-shortfalls

Digital Currency DNotes to Present at NASDAQ in New York - Builds on Bitcoin's Shortfalls

Information contained on this page is provided by an independent third-party content provider. WorldNow and this Station make no warranties or representations in connection therewith. If you have any questions or comments about this page please contact pressreleases@worldnow.com.

SOURCE DNotes

Bitcoin alternative DNotes' co-founder Alan Yong will be joining the "Innovation Spotlight: Digital Currencies" panel at Silicon Dragon, to be held at the NASDAQ on June 22nd, 2015. DNotes is a second generation digital currency focused on long-term adoption, scalability, and solving real-world issues.

CHICAGO, June 15, 2015 /PRNewswire/ -- DNotes co-founder Alan Yong is pleased to be joining the Innovation Spotlight: Digital Currencies panel at this year's Silicon Dragon event, to be held in New York at the NASDAQ on June 22nd. Alan Yong is an experienced tech entrepreneur having founded personal computer company Dauphin Technology in 1989. Francesco Rulli, President of bitLanders and bitCharities, will also be part of the panel, along with Sarah Martin, VP at Digital Currency Council. The panel will be moderated by Porter Bibb, Managing Partner at MediaTech Capital Partners.

Photo - http://photos.prnewswire.com/prnh/20150615/222917

Stable Bitcoin alternative DNotes is focused on long-term adoption and solving real-world issues for the unbanked and people worldwide from all walks of life. DNotes' ecosystem includes the world's first Cryptocurrency Investment Savings Plans (CRISPs) for retirees, employees, students, and children worldwide. CRISPs include a 100% deposit guarantee and bonus interest for retirement CRISPs participants. DNotes also funds cryptocurrency neutral site CryptoMoms in order to aid women's participation in cryptocurrencies.

Bitcoin has correctly been credited as the most disruptive technology in the monetary system since the debit card. However, Bitcoin has been hit with countless negative headlines and has arguably settled with a very limited purpose as a speculative trading vehicle. Some believe Bitcoin is failing to meet the full function of money and gain mass acceptance as it is too costly to acquire, and too volatile as a store of value and medium of exchange.

But Bitcoin's ground-breaking technology laid the foundation for improved and more advanced cryptocurrencies that have a real chance to make it into the mainstream and revolutionize the monetary system just as the debit card once did. The main innovation stemming from Bitcoin is trustless transactions, meaning transactions are fully decentralized and do not rely on a central bank or government. Bitcoin also introduced the primary innovation of blockchain technology; a public ledger where all Bitcoin transactions are recorded indefinitely together with all Bitcoin 'blocks' that have been mined to secure the network.

DNotes is the second generation Bitcoin alternative digital currency taking full advantage of the pioneer Bitcoin's innovation while avoiding the pitfalls. It was clear early that DNotes strives to maintain reliable long-term appreciation building stability, trust, and currency value in line with fundamental value.

DNotes is a currency with a purpose with global initiatives to help solve global problems. There are currently 2.5 billion people worldwide that do not have a bank account, insurance, or are under-served by banks and financial service companies. DNotes is beneficial for the unbanked as it does not require a stable government, includes inexpensive transactions, minimal exchange fees, and near zero remittance costs for sending money to any country. No ID is required for people who do not have one or do not trust their governments. DNotes has the potential to change the wealth of nations and their citizens by enabling anyone, anywhere to tap into the emerging wealth creation opportunities provided by digital currency.

Bitcoin will most likely go down in history as one of the greatest technology revolutions in history. Bitcoin as a currency is an integral part of the technology pack, powered by the Blockchain as the most innovative protocol of decentralized distributed consensus ledger ever conceived. DNotes, designed from the ground up with a purpose as the stable trustworthy digital currency for everyone, is destined to possibly become the global Digital Currency of the future with lasting value. With an ecosystem that currently consists of DNotesVault, Cryptocurrency Investment Saving Plans and CryptoMoms, DNotes is the currency with the highest potential for mass global acceptance. The DNotes ecosystem consists of highly scalable buildings block to expand rapidly on a global scale at the most opportune time.

About Alan Yong:

DNotes Co-Founder Alan Yong is a well -regarded visionary since the early days of personal computers. He founded Dauphin Technology in 1989, which had contracts with the US Department of Defense, and is best known for creating the Dauphin DTR, the most powerful window-based miniature computer that competed head-on with Apple's Newton computer that became the Apple iPhone as we know it today. In 2007, Yong co-founded Smokeys Daylily Gardens, one of the largest daylily growers in the world. Smokeys Daylily Gardens is the first merchant to accept DNotes as payment for its products.

About DNotesVault and CRISP:

DNotes is a currency for everyone – unborn to most senior, rich or poor. Over the last year DNotes successfully launched the world's first Cryptocurrency Investment Savings Plans (CRISPs) for employees, children, students, and retirement (http://dnotesvault.com). CRISPs provide a 100% guarantee matching fund verifiable on the transparent blockchain and embedded in DNotesVault.com infrastructure. For the first time, DNotes' CRISPs and DNotesVault allow anyone worldwide to take advantage of the unprecedented opportunities provided by digital currency.

About CryptoMoms:
In 2014 DNotes founded http://cryptomoms.com, an online community to encourage and assist women to participate in the emerging world of cryptocurrencies overwhelmingly dominated by men. Surveys from 2014 show that 95% of cryptocurrency participants are male even though women account for 50% of the buying power. CryptoMoms is a platform fully equipped with a forum, chat, information pages and a full guide on how to store, buy, and sell digital money. It is clear that in order for digital currencies to become truly mainstream the gender imbalance must be corrected.

About Silicon Dragon:

Silicon Dragon is a news, events, and research group covering innovation and investment hubs in the Silicon Valleys of the world, and provides insights to strategize and profit in the world's top tech innovation centers. The next Silicon Dragon event will be held on the 22nd of June at the NASDAQ in New York where Alan Yong will be attending as a panelist on the Innovation Spotlight: Digital Currencies Panel.

For more information please visit: http://dnotescoin.com

To trade DNotes with Bitcoin please go to: http://poloniex.com/exchange#btc_note

To learn more about DNotesVault and CRISPs please go to: http://dnotesvault.com

Follow DNotes on twitter: http://twitter.com/dnotescoin

Media contact:

Name: Alan Yong

Email: Contact@DNotescoin.com

DNotes is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to FDIC and other consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/digital-currency-dnotes-to-present-at-nasdaq-in-new-york---builds-on-bitcoins-shortfalls-300098845.html


©2015 PR Newswire. All Rights Reserved.
mafort1469
Sr. Member
****
Offline Offline

Activity: 364
Merit: 250



View Profile
June 15, 2015, 02:58:36 PM
 #5926

Breaking News:

1 Minutes Ago
6-15-2015

NEWS Channel 8
http://www.wfla.com/story/29319482/digital-currency-dnotes-to-present-at-nasdaq-in-new-york-builds-on-bitcoins-shortfalls

Digital Currency DNotes to Present at NASDAQ in New York - Builds on Bitcoin's Shortfalls

Information contained on this page is provided by an independent third-party content provider. WorldNow and this Station make no warranties or representations in connection therewith. If you have any questions or comments about this page please contact pressreleases@worldnow.com.

SOURCE DNotes

Bitcoin alternative DNotes' co-founder Alan Yong will be joining the "Innovation Spotlight: Digital Currencies" panel at Silicon Dragon, to be held at the NASDAQ on June 22nd, 2015. DNotes is a second generation digital currency focused on long-term adoption, scalability, and solving real-world issues.

CHICAGO, June 15, 2015 /PRNewswire/ -- DNotes co-founder Alan Yong is pleased to be joining the Innovation Spotlight: Digital Currencies panel at this year's Silicon Dragon event, to be held in New York at the NASDAQ on June 22nd. Alan Yong is an experienced tech entrepreneur having founded personal computer company Dauphin Technology in 1989. Francesco Rulli, President of bitLanders and bitCharities, will also be part of the panel, along with Sarah Martin, VP at Digital Currency Council. The panel will be moderated by Porter Bibb, Managing Partner at MediaTech Capital Partners.

Photo - http://photos.prnewswire.com/prnh/20150615/222917

Stable Bitcoin alternative DNotes is focused on long-term adoption and solving real-world issues for the unbanked and people worldwide from all walks of life. DNotes' ecosystem includes the world's first Cryptocurrency Investment Savings Plans (CRISPs) for retirees, employees, students, and children worldwide. CRISPs include a 100% deposit guarantee and bonus interest for retirement CRISPs participants. DNotes also funds cryptocurrency neutral site CryptoMoms in order to aid women's participation in cryptocurrencies.

Bitcoin has correctly been credited as the most disruptive technology in the monetary system since the debit card. However, Bitcoin has been hit with countless negative headlines and has arguably settled with a very limited purpose as a speculative trading vehicle. Some believe Bitcoin is failing to meet the full function of money and gain mass acceptance as it is too costly to acquire, and too volatile as a store of value and medium of exchange.

But Bitcoin's ground-breaking technology laid the foundation for improved and more advanced cryptocurrencies that have a real chance to make it into the mainstream and revolutionize the monetary system just as the debit card once did. The main innovation stemming from Bitcoin is trustless transactions, meaning transactions are fully decentralized and do not rely on a central bank or government. Bitcoin also introduced the primary innovation of blockchain technology; a public ledger where all Bitcoin transactions are recorded indefinitely together with all Bitcoin 'blocks' that have been mined to secure the network.

DNotes is the second generation Bitcoin alternative digital currency taking full advantage of the pioneer Bitcoin's innovation while avoiding the pitfalls. It was clear early that DNotes strives to maintain reliable long-term appreciation building stability, trust, and currency value in line with fundamental value.

DNotes is a currency with a purpose with global initiatives to help solve global problems. There are currently 2.5 billion people worldwide that do not have a bank account, insurance, or are under-served by banks and financial service companies. DNotes is beneficial for the unbanked as it does not require a stable government, includes inexpensive transactions, minimal exchange fees, and near zero remittance costs for sending money to any country. No ID is required for people who do not have one or do not trust their governments. DNotes has the potential to change the wealth of nations and their citizens by enabling anyone, anywhere to tap into the emerging wealth creation opportunities provided by digital currency.

Bitcoin will most likely go down in history as one of the greatest technology revolutions in history. Bitcoin as a currency is an integral part of the technology pack, powered by the Blockchain as the most innovative protocol of decentralized distributed consensus ledger ever conceived. DNotes, designed from the ground up with a purpose as the stable trustworthy digital currency for everyone, is destined to possibly become the global Digital Currency of the future with lasting value. With an ecosystem that currently consists of DNotesVault, Cryptocurrency Investment Saving Plans and CryptoMoms, DNotes is the currency with the highest potential for mass global acceptance. The DNotes ecosystem consists of highly scalable buildings block to expand rapidly on a global scale at the most opportune time.

About Alan Yong:

DNotes Co-Founder Alan Yong is a well -regarded visionary since the early days of personal computers. He founded Dauphin Technology in 1989, which had contracts with the US Department of Defense, and is best known for creating the Dauphin DTR, the most powerful window-based miniature computer that competed head-on with Apple's Newton computer that became the Apple iPhone as we know it today. In 2007, Yong co-founded Smokeys Daylily Gardens, one of the largest daylily growers in the world. Smokeys Daylily Gardens is the first merchant to accept DNotes as payment for its products.

About DNotesVault and CRISP:

DNotes is a currency for everyone – unborn to most senior, rich or poor. Over the last year DNotes successfully launched the world's first Cryptocurrency Investment Savings Plans (CRISPs) for employees, children, students, and retirement (http://dnotesvault.com). CRISPs provide a 100% guarantee matching fund verifiable on the transparent blockchain and embedded in DNotesVault.com infrastructure. For the first time, DNotes' CRISPs and DNotesVault allow anyone worldwide to take advantage of the unprecedented opportunities provided by digital currency.

About CryptoMoms:
In 2014 DNotes founded http://cryptomoms.com, an online community to encourage and assist women to participate in the emerging world of cryptocurrencies overwhelmingly dominated by men. Surveys from 2014 show that 95% of cryptocurrency participants are male even though women account for 50% of the buying power. CryptoMoms is a platform fully equipped with a forum, chat, information pages and a full guide on how to store, buy, and sell digital money. It is clear that in order for digital currencies to become truly mainstream the gender imbalance must be corrected.

About Silicon Dragon:

Silicon Dragon is a news, events, and research group covering innovation and investment hubs in the Silicon Valleys of the world, and provides insights to strategize and profit in the world's top tech innovation centers. The next Silicon Dragon event will be held on the 22nd of June at the NASDAQ in New York where Alan Yong will be attending as a panelist on the Innovation Spotlight: Digital Currencies Panel.

For more information please visit: http://dnotescoin.com

To trade DNotes with Bitcoin please go to: http://poloniex.com/exchange#btc_note

To learn more about DNotesVault and CRISPs please go to: http://dnotesvault.com

Follow DNotes on twitter: http://twitter.com/dnotescoin

Media contact:

Name: Alan Yong

Email: Contact@DNotescoin.com

DNotes is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to FDIC and other consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/digital-currency-dnotes-to-present-at-nasdaq-in-new-york---builds-on-bitcoins-shortfalls-300098845.html


©2015 PR Newswire. All Rights Reserved.


Yes, one more week. Excellent!
mafort1469
Sr. Member
****
Offline Offline

Activity: 364
Merit: 250



View Profile
June 15, 2015, 02:59:09 PM
 #5927

An interesting article.

http://cointelegraph.com/news/114566/australians-can-now-send-bitcoin-directly-to-their-bank-accounts-or-anyone-elses
Dyna
Legendary
*
Offline Offline

Activity: 1610
Merit: 1060


View Profile
June 15, 2015, 03:06:05 PM
 #5928

Check this out. Looks cool. I will be presenting DNotes here:

Silicon Dragon NY 2015

Nasdaq MarketSite
4 Times Square

June 22, 2015 5:30 PM (EDT)

http://www.getvamos.com/events/silicon-dragon-ny-2015/9828147
DNotes (OP)
Legendary
*
Offline Offline

Activity: 1932
Merit: 1111


DNotes


View Profile WWW
June 15, 2015, 03:48:06 PM
 #5929


Thanks mafort1469, that could be a useful tool for DNotes in the future.

Dyna
Legendary
*
Offline Offline

Activity: 1610
Merit: 1060


View Profile
June 15, 2015, 04:40:22 PM
 #5930


We have envisioned that possibility and much more as stated in a number of my earlier posts. Central to its success is a stable trustworthy digital currency. Short of that mass acceptance will remain to be more than a challenge.

We may not agree or like everything bankers do, but we will remain respectful of others, including bankers. For DNotes to work well we can expect partner banks in many parts of the world one day.
RJF
Hero Member
*****
Offline Offline

Activity: 616
Merit: 500


Online since '89...


View Profile WWW
June 15, 2015, 05:46:24 PM
 #5931


300 pages of excellent content and growing! Congrats DNotes!

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.
DNotes (OP)
Legendary
*
Offline Offline

Activity: 1932
Merit: 1111


DNotes


View Profile WWW
June 15, 2015, 05:49:38 PM
 #5932


300 pages of excellent content and growing! Congrats DNotes!


Thank you RJF, we owe it to a great and growing community of like minded individuals.

DNotes (OP)
Legendary
*
Offline Offline

Activity: 1932
Merit: 1111


DNotes


View Profile WWW
June 16, 2015, 12:35:07 AM
 #5933


https://www.cryptocoinsnews.com/digital-currency-dnotes-to-present-at-nasdaq-in-new-york-builds-on-bitcoins-shortfalls/

IMZ
Legendary
*
Offline Offline

Activity: 1498
Merit: 1000



View Profile
June 16, 2015, 01:06:29 AM
 #5934


Thanks, mafort. I missed that.

Mark (IndiaMikeZulu), Australia
coin@coin
Legendary
*
Offline Offline

Activity: 1722
Merit: 1000



View Profile
June 16, 2015, 01:17:00 AM
 #5935

Great way to celebrate page 300 of this thread! It's been a long run guys!  Smiley
Dyna
Legendary
*
Offline Offline

Activity: 1610
Merit: 1060


View Profile
June 16, 2015, 02:17:22 AM
 #5936

Great way to celebrate page 300 of this thread! It's been a long run guys!  Smiley

Agreed and thanks for your support. We all have been working hard to build a solid foundation to support potentially massive growth in the near future. Building a trusted brand is the hardest thing in financial services and that has always been our number commitment. Being a trusted brand is invaluable and an integral part of our foundation building. In my opinion, that "brand value"  has yet to be reflected in the price of DNotes.

The Cointelegraph interview is awesome. It is the most comprehensive reflection of how we see our industry and how DNotes is positioned to be the global digital currency of the future. That interview was done about two months ago and we have no control of the release date. As it turned out, with my presentation at NASDAQ next week, the timing is perfect. This is indeed a "great way to celebrate page 300 of this thread". Thank you all for a job well done!!!
DNotes (OP)
Legendary
*
Offline Offline

Activity: 1932
Merit: 1111


DNotes


View Profile WWW
June 16, 2015, 02:53:33 AM
 #5937

Great way to celebrate page 300 of this thread! It's been a long run guys!  Smiley

Good to see you again coin@coin, and thank you. A long run indeed and we will keep on running.

DNotes (OP)
Legendary
*
Offline Offline

Activity: 1932
Merit: 1111


DNotes


View Profile WWW
June 16, 2015, 03:00:13 AM
 #5938

With the news and talk about regulation going on recently, I believe it may be a good idea if we voice our opinion on what favorable and fair regulation would look like from our standpoint. Many of us know the industry pretty well and understand what the major risk factors are for consumer security with digital currency.

In your own opinion, what would you consider fair regulation to protect consumers without hindering advancement?




wiser
Legendary
*
Offline Offline

Activity: 1806
Merit: 1029



View Profile
June 16, 2015, 03:46:43 AM
 #5939

With the news and talk about regulation going on recently, I believe it may be a good idea if we voice our opinion on what favorable and fair regulation would look like from our standpoint. Many of us know the industry pretty well and understand what the major risk factors are for consumer security with digital currency.

In your own opinion, what would you consider fair regulation to protect consumers without hindering advancement?

I'm not an expert, but here's how I would approach it.

1. Set up a set of standards related to website security, amount of funds backing up user accounts, insurance coverage (if there ever is such a thing), and various other reasonable precautions that large sites which hold user funds should be taking.
2. Next, set up a grading system of some sort. So an A rated company adheres to the strictest standards, whereas a C or D rated company adheres to more lenient standards.
3. The conditions which must be met for each grade are clearly and publicly posted so everyone knows.
4. Companies can post their grade based on what standards they are following. Potential users see it and can make an informed decision based on their own risk tolerance. Some consumers may choose to only deal with A and B companies. Others may be fine with doing some business with C and D companies.
5. Adhering to these standards is completely voluntary. No one forces any business to meet those standards. However, if they don't meet them, they don't get to advertise themselves as an A rated company. They may lose a lot of potential customers but most likely save on their up front costs. Companies can at any time "upgrade" to a higher grade by meeting that grade level's standards.
6. Standards would be determined by some sort of group of knowledgeable industry leaders and whoever else might make up these types of groups.
7. There is some sort of neutral auditing group whose job it is to review companies and determine which standards they are meeting and issue them their "grade." This auditing group also posts all participating companies and their grades on a website that anyone can read, so that companies claiming to have a certain grade can be checked against the auditing group's list. That site could also be educational about what the standards mean and why they are important, and can also warn people about certain types of sites which are plain never going to make the grade and why (Bitcoin doublers, for example).
8. Everything is done as transparently as possible.
9. A company that uses other companies (for example a retail site that has a 3rd party payment gateway) should have a page where all their third parties and their grades are posted as well.

The bottom line is that in my opinion, the kind of "regulation" that really serves the public is standardization which makes it very clear how a service measures up in terms of various conditions the general public would or should care about. A service can either make the grade or not but it has the right to exist and conduct business regardless. But the company making the grade is likely to attract more customers.

I'm not a huge fan of companies being "forced" to make a certain standardization grade, because I believe that potential customers have the right and ability to make an informed decision. I do believe that such criteria should be well known and it should be very transparent how grades are determined and given out and then the public decides which companies to patronize based on those grades. Basically, the government or some kind of regulatory body can really help everyone by setting and enforcing standards (or at least overseeing that process), and making it clear how businesses measure up. But then leave the choice to the consumer. Maybe I will only trade on an A rated exchange but someone else might be fine with a B rated exchange because the fees are lower. Startup businesses should have the freedom to exist and gradually "level up" on their grades so as not to be priced out of even starting. They would have to work harder to earn their customers' trust but at least they could be conducting business while raising funds to meet various criteria. A reputable online business is going to voluntarily take certain precautions to make sure their customers' accounts and funds are as secure as possible, but probably won't be able to start off using the absolute most state of the art security systems. That should be fine as long as what they do have (and don't have) is clearly disclosed, or at least what grade they have.
OCTOPARTY
Hero Member
*****
Offline Offline

Activity: 532
Merit: 500


View Profile WWW
June 16, 2015, 04:06:00 AM
 #5940

With the news and talk about regulation going on recently, I believe it may be a good idea if we voice our opinion on what favorable and fair regulation would look like from our standpoint. Many of us know the industry pretty well and understand what the major risk factors are for consumer security with digital currency.

In your own opinion, what would you consider fair regulation to protect consumers without hindering advancement?





I tend to view the less regulation the better. I understand that most regulators fly the banner of consumer protection but like anything else in government, it tends to swing to corruption, sooner or later.

When corruption can create barriers of entry for the little guy, regulation has lost it's own battle of protecting the consumer. You cannot protect the general public when you protect established companies who run the regulators.

That is what scares me most when Bitcoin companies begin becoming cozy with the regulation establishment.

However, I realize in this political climate where you play ball or go home, many Bitcoin and altcoin companies will play ball. I tend to agree with Andreas's opinions on regulations in Bitcoin. If you don't know, then youtube is your friend Smiley

I am interested to see how all of the regulatory mess plays out over the next few years. I predict that it becomes very, very messy.
Pages: « 1 ... 247 248 249 250 251 252 253 254 255 256 257 258 259 260 261 262 263 264 265 266 267 268 269 270 271 272 273 274 275 276 277 278 279 280 281 282 283 284 285 286 287 288 289 290 291 292 293 294 295 296 [297] 298 299 300 301 302 303 304 305 306 307 308 309 310 311 312 313 314 315 316 317 318 319 320 321 322 323 324 325 326 327 328 329 330 331 332 333 334 335 336 337 338 339 340 341 342 343 344 345 346 347 ... 515 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!