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Topic: [ANN][NOTE]DNotes - Celebrating DNotes 3rd Birthday - Forum Now Open - page 144. (Read 814539 times)

legendary
Activity: 1638
Merit: 1005


This is another great article - thanks Chris!  We are fortunate to have a group of very talented writers, and as we have come to expect from DCEBrief, the visual presentation of this article is top-notch. Wink

p.s.  Hi Ken! Smiley
legendary
Activity: 1932
Merit: 1111
DNotes
As fast as I can type:

Australia's crypto scene was shockingly weak before the banks' attack began. Many sources -- gotta note Coindesk -- have repeatedly published articles with unsoundly rosy conclusions.

Australia makes a fine testing-ground for this model, a collusion of bankers (vested interests) against the generally positive position of the . . . whatchamacallit . . . actual regulatory bodies.

IMZ has taken plenty of flack over time for our hillbilly commitment to a cryptocurrency dynamic that consciously keeps one foot firmly in the P2P arena. We are not disrespectful of communities like Dnotes', which are compliance-committed; but we do see a need to cover all bases.

We are sleeping on mattresses by our keyboards, trying yet again to contact active Oz krypto geeks, to get up-to-date info.

Mark (IndiaMikeZulu), Australia

And Cryptsy, eh!!??

Mark, we have great respect for what you (edit: and your team) are doing as well. It is a different approach and we should face digital currency acceptance on all fronts.

Mark, you and your team have our full support.

I hope Australia's setback is temporary.

To quote the crew of the Galactica, "So say we all."

Welcome to DNotes, KC. We can use all the support to make a difference.

I appreciate the welcome. I hope you'll feel free to call me "Ken."  Wink

Yeah, that "Ken" ... still swamped and catching up after a week of unavoidable distractions, but wanted to stop by and say "hello" to everyone.

Thanks Ken!

Ken is a writer for DCEBrief, a supporter of what DNotes is doing, and has been a huge help in many our latest projects including the latest press release. We really appreciate everything Ken is doing.

Hey welcome Ken, love the "How I learned to stop worrying and love digital money" article. Forwarded that on to a couple friends who didn't care much about cryptocurrency, and some of them now have brought it up a few times when we were talking. Wink

Thanks, Kanus. I wish I could take sole credit for it, but I have to give Joe his rightful due. It was he who provided the topic idea, after all. And, of course, Chris deserves praise for adding the first four words to the title. The final title was much more enticing than my original, but that is no surprise. Chris' titles are always attention-grabbers. The entire team at dcebrief has been unbelievably helpful...

It is heartening to hear that the piece has been of some small use, so thanks for that.

Most of our accomplishments were achieved through solid strategy and execution by way of collaboration and team effort.

I hope the press release reaches many people who share our vision and enthusiasm. Whether they do or they don't won't stop us though, it will only determine how fast we can ramp up, the key to our success will be continuing to make progress.

KC
newbie
Activity: 23
Merit: 0
As fast as I can type:

Australia's crypto scene was shockingly weak before the banks' attack began. Many sources -- gotta note Coindesk -- have repeatedly published articles with unsoundly rosy conclusions.

Australia makes a fine testing-ground for this model, a collusion of bankers (vested interests) against the generally positive position of the . . . whatchamacallit . . . actual regulatory bodies.

IMZ has taken plenty of flack over time for our hillbilly commitment to a cryptocurrency dynamic that consciously keeps one foot firmly in the P2P arena. We are not disrespectful of communities like Dnotes', which are compliance-committed; but we do see a need to cover all bases.

We are sleeping on mattresses by our keyboards, trying yet again to contact active Oz krypto geeks, to get up-to-date info.

Mark (IndiaMikeZulu), Australia

And Cryptsy, eh!!??

Mark, we have great respect for what you (edit: and your team) are doing as well. It is a different approach and we should face digital currency acceptance on all fronts.

Mark, you and your team have our full support.

I hope Australia's setback is temporary.

To quote the crew of the Galactica, "So say we all."

Welcome to DNotes, KC. We can use all the support to make a difference.

I appreciate the welcome. I hope you'll feel free to call me "Ken."  Wink

Yeah, that "Ken" ... still swamped and catching up after a week of unavoidable distractions, but wanted to stop by and say "hello" to everyone.

Thanks Ken!

Ken is a writer for DCEBrief, a supporter of what DNotes is doing, and has been a huge help in many our latest projects including the latest press release. We really appreciate everything Ken is doing.

Hey welcome Ken, love the "How I learned to stop worrying and love digital money" article. Forwarded that on to a couple friends who didn't care much about cryptocurrency, and some of them now have brought it up a few times when we were talking. Wink

Thanks, Kanus. I wish I could take sole credit for it, but I have to give Joe his rightful due. It was he who provided the topic idea, after all. And, of course, Chris deserves praise for adding the first four words to the title. The final title was much more enticing than my original, but that is no surprise. Chris' titles are always attention-grabbers. The entire team at dcebrief has been unbelievably helpful...

It is heartening to hear that the piece has been of some small use, so thanks for that.
sr. member
Activity: 452
Merit: 250
As fast as I can type:

Australia's crypto scene was shockingly weak before the banks' attack began. Many sources -- gotta note Coindesk -- have repeatedly published articles with unsoundly rosy conclusions.

Australia makes a fine testing-ground for this model, a collusion of bankers (vested interests) against the generally positive position of the . . . whatchamacallit . . . actual regulatory bodies.

IMZ has taken plenty of flack over time for our hillbilly commitment to a cryptocurrency dynamic that consciously keeps one foot firmly in the P2P arena. We are not disrespectful of communities like Dnotes', which are compliance-committed; but we do see a need to cover all bases.

We are sleeping on mattresses by our keyboards, trying yet again to contact active Oz krypto geeks, to get up-to-date info.

Mark (IndiaMikeZulu), Australia

And Cryptsy, eh!!??

Mark, we have great respect for what you (edit: and your team) are doing as well. It is a different approach and we should face digital currency acceptance on all fronts.

Mark, you and your team have our full support.

I hope Australia's setback is temporary.

To quote the crew of the Galactica, "So say we all."

Welcome to DNotes, KC. We can use all the support to make a difference.

I appreciate the welcome. I hope you'll feel free to call me "Ken."  Wink

Yeah, that "Ken" ... still swamped and catching up after a week of unavoidable distractions, but wanted to stop by and say "hello" to everyone.

Thanks Ken!

Ken is a writer for DCEBrief, a supporter of what DNotes is doing, and has been a huge help in many our latest projects including the latest press release. We really appreciate everything Ken is doing.

Hey welcome Ken, love the "How I learned to stop worrying and love digital money" article. Forwarded that on to a couple friends who didn't care much about cryptocurrency, and some of them now have brought it up a few times when we were talking. Wink
legendary
Activity: 1932
Merit: 1111
DNotes
As fast as I can type:

Australia's crypto scene was shockingly weak before the banks' attack began. Many sources -- gotta note Coindesk -- have repeatedly published articles with unsoundly rosy conclusions.

Australia makes a fine testing-ground for this model, a collusion of bankers (vested interests) against the generally positive position of the . . . whatchamacallit . . . actual regulatory bodies.

IMZ has taken plenty of flack over time for our hillbilly commitment to a cryptocurrency dynamic that consciously keeps one foot firmly in the P2P arena. We are not disrespectful of communities like Dnotes', which are compliance-committed; but we do see a need to cover all bases.

We are sleeping on mattresses by our keyboards, trying yet again to contact active Oz krypto geeks, to get up-to-date info.

Mark (IndiaMikeZulu), Australia

And Cryptsy, eh!!??

Mark, we have great respect for what you (edit: and your team) are doing as well. It is a different approach and we should face digital currency acceptance on all fronts.

Mark, you and your team have our full support.

I hope Australia's setback is temporary.

To quote the crew of the Galactica, "So say we all."

Welcome to DNotes, KC. We can use all the support to make a difference.

I appreciate the welcome. I hope you'll feel free to call me "Ken."  Wink

Yeah, that "Ken" ... still swamped and catching up after a week of unavoidable distractions, but wanted to stop by and say "hello" to everyone.

Thanks Ken!

Ken is a writer for DCEBrief, a supporter of what DNotes is doing, and has been a huge help in many our latest projects including the latest press release. We really appreciate everything Ken is doing.
KC
newbie
Activity: 23
Merit: 0
As fast as I can type:

Australia's crypto scene was shockingly weak before the banks' attack began. Many sources -- gotta note Coindesk -- have repeatedly published articles with unsoundly rosy conclusions.

Australia makes a fine testing-ground for this model, a collusion of bankers (vested interests) against the generally positive position of the . . . whatchamacallit . . . actual regulatory bodies.

IMZ has taken plenty of flack over time for our hillbilly commitment to a cryptocurrency dynamic that consciously keeps one foot firmly in the P2P arena. We are not disrespectful of communities like Dnotes', which are compliance-committed; but we do see a need to cover all bases.

We are sleeping on mattresses by our keyboards, trying yet again to contact active Oz krypto geeks, to get up-to-date info.

Mark (IndiaMikeZulu), Australia

And Cryptsy, eh!!??

Mark, we have great respect for what you (edit: and your team) are doing as well. It is a different approach and we should face digital currency acceptance on all fronts.

Mark, you and your team have our full support.

I hope Australia's setback is temporary.

To quote the crew of the Galactica, "So say we all."

Welcome to DNotes, KC. We can use all the support to make a difference.

I appreciate the welcome. I hope you'll feel free to call me "Ken."  Wink

Yeah, that "Ken" ... still swamped and catching up after a week of unavoidable distractions, but wanted to stop by and say "hello" to everyone.
member
Activity: 82
Merit: 10
Don't know if this should cause worry, but just in case I posted it here: http://coinfire.io/2015/10/04/federal-investigations-of-cryptsy-underway/. We will watch and see what becomes of this.

I did notice that. We should keep an eye out, but I can't say for sure if there is anything to worry about as of yet. I did notice Cryptsy posted a response:
http://blog.cryptsy.com/post/130547612142/re-coinfire

Yes, I don't take any of those stories seriously until real proof is shown and I am glad they posted a response.

I certainly hope they take action against the person or entity who wrote this scathing article. False actions, false reporting, false anything is something which should not be tolerated. This kind of thing is a total waste of time, energy and money. I hope whoever wrote this is held accountable for their ill actions.
legendary
Activity: 1932
Merit: 1111
DNotes
As fast as I can type:

Australia's crypto scene was shockingly weak before the banks' attack began. Many sources -- gotta note Coindesk -- have repeatedly published articles with unsoundly rosy conclusions.

Australia makes a fine testing-ground for this model, a collusion of bankers (vested interests) against the generally positive position of the . . . whatchamacallit . . . actual regulatory bodies.

IMZ has taken plenty of flack over time for our hillbilly commitment to a cryptocurrency dynamic that consciously keeps one foot firmly in the P2P arena. We are not disrespectful of communities like Dnotes', which are compliance-committed; but we do see a need to cover all bases.

We are sleeping on mattresses by our keyboards, trying yet again to contact active Oz krypto geeks, to get up-to-date info.

Mark (IndiaMikeZulu), Australia

And Cryptsy, eh!!??

Mark, we have great respect for what you (edit: and your team) are doing as well. It is a different approach and we should face digital currency acceptance on all fronts.

Mark, you and your team have our full support.

I hope Australia's setback is temporary.

To quote the crew of the Galactica, "So say we all."

Welcome to the DNotes forum KC, join us anytime to share your comments and feedback.
legendary
Activity: 1610
Merit: 1060
As fast as I can type:

Australia's crypto scene was shockingly weak before the banks' attack began. Many sources -- gotta note Coindesk -- have repeatedly published articles with unsoundly rosy conclusions.

Australia makes a fine testing-ground for this model, a collusion of bankers (vested interests) against the generally positive position of the . . . whatchamacallit . . . actual regulatory bodies.

IMZ has taken plenty of flack over time for our hillbilly commitment to a cryptocurrency dynamic that consciously keeps one foot firmly in the P2P arena. We are not disrespectful of communities like Dnotes', which are compliance-committed; but we do see a need to cover all bases.

We are sleeping on mattresses by our keyboards, trying yet again to contact active Oz krypto geeks, to get up-to-date info.

Mark (IndiaMikeZulu), Australia

And Cryptsy, eh!!??

Mark, we have great respect for what you (edit: and your team) are doing as well. It is a different approach and we should face digital currency acceptance on all fronts.

Mark, you and your team have our full support.

I hope Australia's setback is temporary.

To quote the crew of the Galactica, "So say we all."

'Twas a good show (watched all 73 episodes in 5 days... yup, I didn't have a lot on during the uni holidays of 2010).

The Galactica was the last surviving human battle-ready ship after the Cylon attack on Earth. Ironically, the humans were wiped out due to a backdoor from an 'internet of things' - a blockchain could have solved this!.

Now, KC, (welcome by the way) Australia are in a better position than those on the Galactica. Australians are in the middle of their own battle for Crypto survival, the Cylons in this case are the banking institutions and their pocketed bureaucrats.

You could also arguably say that our crypto-sphere is a algorithmic improvement (Cylons) that humans are trying to destroy before it becomes too powerful. It all depends on which point in the series timeline you want to compare our situation to.

Either way, it all worked out for both cylons and humans in the show, so clearly cooperation is key - our war will just look a little different; rather a game of chess. Our game of chess is really interesting; it is one between two players (crypto community and bankers) and a referee (the regulators). I'm sure most people here have played chess before, but this one is quite different. Rather than the traditionally accepted rules understood and agreed to by both players, the referee will change the rules depending on which of the two players can pay them the most money. Suddenly, one players King can move 2 spaces instead of 1, the Bishop can move like a Queen can, and the Queen can burrow under the board and pop up on any square on the board of the same colour.

I don't think anybody is going to enjoy a game of chess like that, but appropriate foresight has yielded some "Trump" cards of our own (No, not that Trump - but he does fancy himself as winner). Websites like DCEBrief.com have been made to educate executives, philanthropists, and regulators on what the ramifications of crypto may be, and to encourage the general populace to use crypto-currency as their preferred choice of monetary exchange in the future. This battle is one of information, and websites like DCEBrief make sure the correct information is out there. Just winning information wars isn't enough though, service delivery must also be superior to that of present capabilities, and people need an infrastructure that is worthwhile enough, or offers them something they aren't getting from their state money. DNotes already has a family of CRISPS investment plans that take advantage of DNotes' long-term price trajectory that cater for every demographic, and what's better is none of the value of anybody's savings in those plans is lost to inflation from artificially created new money.

Those are but a couple of examples.

"So say we all."

Very well said, TeeGee. "So say we all."

Just wondering --- would it help if we can get a "King" to be on side? We are not counting on it. That might explains why our community has been working like slaves. We got a lot done, though. Any volunteers? We can use a lot more help.
hero member
Activity: 846
Merit: 535
As fast as I can type:

Australia's crypto scene was shockingly weak before the banks' attack began. Many sources -- gotta note Coindesk -- have repeatedly published articles with unsoundly rosy conclusions.

Australia makes a fine testing-ground for this model, a collusion of bankers (vested interests) against the generally positive position of the . . . whatchamacallit . . . actual regulatory bodies.

IMZ has taken plenty of flack over time for our hillbilly commitment to a cryptocurrency dynamic that consciously keeps one foot firmly in the P2P arena. We are not disrespectful of communities like Dnotes', which are compliance-committed; but we do see a need to cover all bases.

We are sleeping on mattresses by our keyboards, trying yet again to contact active Oz krypto geeks, to get up-to-date info.

Mark (IndiaMikeZulu), Australia

And Cryptsy, eh!!??

Mark, we have great respect for what you (edit: and your team) are doing as well. It is a different approach and we should face digital currency acceptance on all fronts.

Mark, you and your team have our full support.

I hope Australia's setback is temporary.

To quote the crew of the Galactica, "So say we all."

'Twas a good show (watched all 73 episodes in 5 days... yup, I didn't have a lot on during the uni holidays of 2010).

The Galactica was the last surviving human battle-ready ship after the Cylon attack on Earth. Ironically, the humans were wiped out due to a backdoor from an 'internet of things' - a blockchain could have solved this!.

Now, KC, (welcome by the way) Australia are in a better position than those on the Galactica. Australians are in the middle of their own battle for Crypto survival, the Cylons in this case are the banking institutions and their pocketed bureaucrats.

You could also arguably say that our crypto-sphere is the algorithmic improvement (Cylons) that humans are trying to destroy before it becomes too powerful. It all depends on which point in the series timeline you want to compare our situation to.

Anyway, I digress...

Either way, it all worked out for both cylons and humans in the show, so clearly cooperation is key - our battle will just look a little different; rather a game of chess. Our game of chess is really interesting; it is one between two players (crypto community and bankers) and a referee (the regulators). I'm sure most people here have played chess before, but this one is quite different. Rather than the traditionally accepted rules understood and agreed to by both players, the referee will change the rules depending on which of the two players can pay them the most money. Suddenly, one players King can move 2 spaces instead of 1, the Bishop can move like a Queen can, and the Queen can burrow under the board and pop up on any square on the board of the same colour.

I don't think anybody is going to enjoy a game of chess like that, but appropriate foresight has yielded some "Trump" cards of our own (No, not that Trump - but he does fancy himself as winner). Websites like DCEBrief.com have been made to educate executives, philanthropists, and regulators on what the ramifications of crypto may be, and to encourage the general populace to use crypto-currency as their preferred choice of monetary exchange in the future. This battle is one of information, and websites like DCEBrief make sure the correct information is out there. Just winning information wars isn't enough though, service delivery must also be superior to that of present capabilities, and people need an infrastructure that is worthwhile enough, or offers them something they aren't getting from their state money. DNotes already has a family of CRISPS investment plans that take advantage of DNotes' long-term price trajectory that cater for every demographic, and what's better is none of the value of anybody's savings in those plans is lost to inflation from artificially created new money.

Those are but a couple of examples.

"So say we all."
legendary
Activity: 1610
Merit: 1060
As fast as I can type:

Australia's crypto scene was shockingly weak before the banks' attack began. Many sources -- gotta note Coindesk -- have repeatedly published articles with unsoundly rosy conclusions.

Australia makes a fine testing-ground for this model, a collusion of bankers (vested interests) against the generally positive position of the . . . whatchamacallit . . . actual regulatory bodies.

IMZ has taken plenty of flack over time for our hillbilly commitment to a cryptocurrency dynamic that consciously keeps one foot firmly in the P2P arena. We are not disrespectful of communities like Dnotes', which are compliance-committed; but we do see a need to cover all bases.

We are sleeping on mattresses by our keyboards, trying yet again to contact active Oz krypto geeks, to get up-to-date info.

Mark (IndiaMikeZulu), Australia

And Cryptsy, eh!!??

Mark, we have great respect for what you (edit: and your team) are doing as well. It is a different approach and we should face digital currency acceptance on all fronts.

Mark, you and your team have our full support.

I hope Australia's setback is temporary.

To quote the crew of the Galactica, "So say we all."

Welcome to DNotes, KC. We can use all the support to make a difference.
legendary
Activity: 1610
Merit: 1060
From CryptoMoms Forum:

Quote from: Kelly on Today at 08:56:20 AM

It will take me about a week to get trhough all of this but I will. Killer thread!

Quote From Shepherd Today:

Kelly, if you have the interest, it is well worth your time. Digital currency is not complicated. It is just digital money - the future of money and it is already here. Like money it has value and can be used as a medium of exchange for things of value. It is being traded 24/7 for other digital currencies and fiat currencies.

What makes it challenging is the technology the underpins the digital currency. But that is what will make digital currency, like DNotes, far superior to fiat currency one day.

To be able to harness the full potential and capabilities of the future of money - DNotes, we have been doing all the extra - going many extra miles to create our own ecosystem like CryptoMoms, our family of CRISPs, DNotesVault, DCEBrief and more, so that no one, interested to join this technology revolution, is left behind.

We are building the trusted global digital currency for everyone worldwide to participate. This is a generational opportunity that a negligible amount of regular savings could be of significance one day. We are mindful that majority of the population are in constant financial struggle, unable to save any meaningful amount and, consequently, ended saving nothing. Our family of CRISPs were specifically created to provide the savings opportunity that could make a difference even for the smallest amounts saved on a regular bases. Be sure to check out our family of CRISP for children, students, employees, business owners and others. There is a self-directed savings program for everyone.
KC
newbie
Activity: 23
Merit: 0
As fast as I can type:

Australia's crypto scene was shockingly weak before the banks' attack began. Many sources -- gotta note Coindesk -- have repeatedly published articles with unsoundly rosy conclusions.

Australia makes a fine testing-ground for this model, a collusion of bankers (vested interests) against the generally positive position of the . . . whatchamacallit . . . actual regulatory bodies.

IMZ has taken plenty of flack over time for our hillbilly commitment to a cryptocurrency dynamic that consciously keeps one foot firmly in the P2P arena. We are not disrespectful of communities like Dnotes', which are compliance-committed; but we do see a need to cover all bases.

We are sleeping on mattresses by our keyboards, trying yet again to contact active Oz krypto geeks, to get up-to-date info.

Mark (IndiaMikeZulu), Australia

And Cryptsy, eh!!??

Mark, we have great respect for what you (edit: and your team) are doing as well. It is a different approach and we should face digital currency acceptance on all fronts.

Mark, you and your team have our full support.

I hope Australia's setback is temporary.

To quote the crew of the Galactica, "So say we all."
legendary
Activity: 1610
Merit: 1060
As fast as I can type:

Australia's crypto scene was shockingly weak before the banks' attack began. Many sources -- gotta note Coindesk -- have repeatedly published articles with unsoundly rosy conclusions.

Australia makes a fine testing-ground for this model, a collusion of bankers (vested interests) against the generally positive position of the . . . whatchamacallit . . . actual regulatory bodies.

IMZ has taken plenty of flack over time for our hillbilly commitment to a cryptocurrency dynamic that consciously keeps one foot firmly in the P2P arena. We are not disrespectful of communities like Dnotes', which are compliance-committed; but we do see a need to cover all bases.

We are sleeping on mattresses by our keyboards, trying yet again to contact active Oz krypto geeks, to get up-to-date info.

Mark (IndiaMikeZulu), Australia

And Cryptsy, eh!!??

Mark, we have great respect for what you (edit: and your team) are doing as well. It is a different approach and we should face digital currency acceptance on all fronts.

Mark, you and your team have our full support.

I hope Australia's setback is temporary.
legendary
Activity: 1932
Merit: 1111
DNotes
As fast as I can type:

Australia's crypto scene was shockingly weak before the banks' attack began. Many sources -- gotta note Coindesk -- have repeatedly published articles with unsoundly rosy conclusions.

Australia makes a fine testing-ground for this model, a collusion of bankers (vested interests) against the generally positive position of the . . . whatchamacallit . . . actual regulatory bodies.

IMZ has taken plenty of flack over time for our hillbilly commitment to a cryptocurrency dynamic that consciously keeps one foot firmly in the P2P arena. We are not disrespectful of communities like Dnotes', which are compliance-committed; but we do see a need to cover all bases.

We are sleeping on mattresses by our keyboards, trying yet again to contact active Oz krypto geeks, to get up-to-date info.

Mark (IndiaMikeZulu), Australia

And Cryptsy, eh!!??

Mark, we have great respect for what you (edit: and your team) are doing as well. It is a different approach and we should face digital currency acceptance on all fronts.
IMZ
legendary
Activity: 1498
Merit: 1000
As fast as I can type:

Australia's crypto scene was shockingly weak before the banks' attack began. Many sources -- gotta note Coindesk -- have repeatedly published articles with unsoundly rosy conclusions.

Australia makes a fine testing-ground for this model, a collusion of bankers (vested interests) against the generally positive position of the . . . whatchamacallit . . . actual regulatory bodies.

IMZ has taken plenty of flack over time for our hillbilly commitment to a cryptocurrency dynamic that consciously keeps one foot firmly in the P2P arena. We are not disrespectful of communities like Dnotes', which are compliance-committed; but we do see a need to cover all bases.

We are sleeping on mattresses by our keyboards, trying yet again to contact active Oz krypto geeks, to get up-to-date info.

Mark (IndiaMikeZulu), Australia

And Cryptsy, eh!!??
legendary
Activity: 1932
Merit: 1111
DNotes
Have you guys seen this one? It's a bit long but give a once over.

US Law Commission to Debate Model Digital Currency Bill in DC

The Uniform Law Commission (ULC), a nonprofit dedicated to creating consistency among US state laws, is set to discuss a draft version of a model law meant to guide states in the formation of regulation for virtual currencies such as bitcoin this week.

Set to take place from 9th to 11th October at the Hyatt Regency in Washington, DC, the three-day event will bring together the ULC's Study Committee on Alternative and Mobile Payment Systems for discussions on specifics of the bill's current provisions, including its recommendations to state legislatures on capital requirements and the cost of licensing.

Originally tasked with considering the need for more uniform state legislation on alternative and mobile payment systems in 2014, the group eventually chose digital currencies as its area of emphasis. Ultimately, the first version of the draft bill puts forth a set of initial recommendations for how entities operating "trusted intermediaries" in the digital currencies space should be licensed across the US so that requirements are more consistent.

Pillsbury Winthrop attorney Marco Santori, who will be in attendance at the meeting, suggested the goal is to create a law that would do for digital currencies what the Uniform Money Services Act (UMSA) did for money transmission laws.

[...]

At the time, the committee called for the ULC to expedite its draft regulation process citing the increasing number of brands and consumers seeking to engage in digital currency transactions, as well as actions by groups such as the Conference of State Bank Supervisors to issue similar guidance to state regulators.

The agency said its goal was to strike a "balance between a law enacted in 53 jurisdictions but flexible enough not to frustrate innovation".

"Because virtual currencies do not enjoy comparable statutory or regulatory underpinnings to other payments systems, the states are under pressure to act," the group wrote.

Further highlighting the need for swift action, the group argued, was that California, New York, North Carolina, Kansas and Texas were already considering enacting regulatory schemes, which it suggested could be disparate in their composition.

http://www.coindesk.com/ulc-debate-digital-currency-regulation/
legendary
Activity: 1610
Merit: 1060
Excellent! Hard to believe DCEBrief is just over a month old and doing fantastic.

Quote From DNotes:

Same here Marc, it has only been a month and it is already taking off. We have been very fortunate to have found so many talented people and help from our community.

This press release, and next one to come, are the big ones and should provide some insight into where we are heading.


DNotes has been all about foundation building. Even I am amazed how much our team has accomplished in a very short period of time. Yet, we are significantly more than just DNotes the currency. We have been building a whole ecosystem. It was cool for me to do a Google search this morning and saw the the following result:

Bitcoin Alternative DNotes Announces New Company ...
dcebrief.com/bitcoin-alternative-dnotes-announces-new-company-launc...
•   
1 hour ago - Bitcoin Alternative DNotes Announces New Company Launch in 2016To Integrate The Currency, Payment System, and Blockchain.

We are building a complete system; a lean, mean machine as opposed to just a couple of components. That is why we are so certain that we will get to our ultimate destination - the trusted global digital currency for everyone.

WOW! That's all I can say... Excellent!


"WOW" is probably the best choice of words. We do not just dream big. We have been demonstrating that big tasks can be accomplished by common people like us because we appreciate the little that we are privileged to have and make it go far. By doing so, we are mindful of the billions of people who have been struggling for better economic equality, many of them much less fortunate than we are. May be one day, we can change the mind of just one big bank, a state or a nation to share what we passionately believe is a much more noble deed for the better good of mankind.

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