[ANN][NOTE]DNotes - Celebrating DNotes 3rd Birthday - Forum Now Open - page 151.

Dyna

legendary

Activity: 1610

Merit: 1060

Quote from: Bergman on September 24, 2015, 03:51:00 PM

Quote from: DNotes on September 24, 2015, 02:32:33 PM

Quote from: KristinaHD on September 24, 2015, 01:47:07 PM

http://dcebrief.com/taiwan-could-be-seeing-a-digital-currency-boom/

This article makes me question whether it would be possible for PayPal to accept digital currency? What would the pros and cons be? I can immediately knowledge that one downfall would be the involvement of a third party, and fees for those transactions. The positive thing would be that by accepting Bitcoin and DNotes, PayPal would encourage consumers to accept digital currency as a real currency.

It's absolutely possible for PayPal to accept digital currency, every vendor or money services company has all the tools needed to do so. PayPal would likely charge fees, but it would be up to the user whether they want the ease of use PayPal might provide or feel comfortable managing their own digital wallet. However, if PayPal does accept digital currency, and doesn't compete by lowering fees for digital currency transactions and making it easier to use, other companies will jump at the chance to acquire those customers PayPal would lose.

I appreciate that DNotes doesn't take an adversarial approach to big business. Most of the world will prefer the easiest options, even if it does cost some fee. They need crypto to stay in the game and relevant, and crypto needs them to reach the masses.

Thanks, Bergman. That is the correct observation. We are committed to being respectful to everyone. That may be one of the trade secrets why DNotes and its communities have been able to accomplish so much in such a short period of time. We are very focused in problem solving and "mind our own business", avoiding the destructive consequences of dramas that have ruined so many other cryptocurrencies.

Paypal, banks, debit and credit card companies are here to stay for a long time. They will be the gateways and conduits in many of our future financial services. We will compete fiercely based on our strengths in certain areas but must cooperate where we can find common grounds and mutual benefits in other areas. Constructive business philosophy is important to business success. We are sincerely committed to represent our industry in the best of light, helping to build much need trust and respect. What is good for our industry will be good for everyone. There has never been a better opportunity for common people with little means to join force in working together for the better good of mankind.

Bergman

member

Activity: 72

Merit: 10

Quote from: DNotes on September 24, 2015, 02:32:33 PM

Quote from: KristinaHD on September 24, 2015, 01:47:07 PM

http://dcebrief.com/taiwan-could-be-seeing-a-digital-currency-boom/

This article makes me question whether it would be possible for PayPal to accept digital currency? What would the pros and cons be? I can immediately knowledge that one downfall would be the involvement of a third party, and fees for those transactions. The positive thing would be that by accepting Bitcoin and DNotes, PayPal would encourage consumers to accept digital currency as a real currency.

It's absolutely possible for PayPal to accept digital currency, every vendor or money services company has all the tools needed to do so. PayPal would likely charge fees, but it would be up to the user whether they want the ease of use PayPal might provide or feel comfortable managing their own digital wallet. However, if PayPal does accept digital currency, and doesn't compete by lowering fees for digital currency transactions and making it easier to use, other companies will jump at the chance to acquire those customers PayPal would lose.

I appreciate that DNotes doesn't take an adversarial approach to big business. Most of the world will prefer the easiest options, even if it does cost some fee. They need crypto to stay in the game and relevant, and crypto needs them to reach the masses.

DNotes

legendary

Activity: 1932

Merit: 1111

DNotes

Quote from: KristinaHD on September 24, 2015, 01:47:07 PM

http://dcebrief.com/taiwan-could-be-seeing-a-digital-currency-boom/

This article makes me question whether it would be possible for PayPal to accept digital currency? What would the pros and cons be? I can immediately knowledge that one downfall would be the involvement of a third party, and fees for those transactions. The positive thing would be that by accepting Bitcoin and DNotes, PayPal would encourage consumers to accept digital currency as a real currency.

It's absolutely possible for PayPal to accept digital currency, every vendor or money services company has all the tools needed to do so. PayPal would likely charge fees, but it would be up to the user whether they want the ease of use PayPal might provide or feel comfortable managing their own digital wallet. However, if PayPal does accept digital currency, and doesn't compete by lowering fees for digital currency transactions and making it easier to use, other companies will jump at the chance to acquire those customers PayPal would lose.

KristinaHD

newbie

Activity: 46

Merit: 0

http://dcebrief.com/taiwan-could-be-seeing-a-digital-currency-boom/

This article makes me question whether it would be possible for PayPal to accept digital currency? What would the pros and cons be? I can immediately knowledge that one downfall would be the involvement of a third party, and fees for those transactions. The positive thing would be that by accepting Bitcoin and DNotes, PayPal would encourage consumers to accept digital currency as a real currency.

Dyna

legendary

Activity: 1610

Merit: 1060

Quote from: Bergman on September 24, 2015, 08:31:35 AM

Quote from: kanus1113 on September 23, 2015, 04:01:10 PM

Quote from: DNotes on September 23, 2015, 02:08:35 PM

http://dcebrief.com/kubrick-clemenceau-and-cryptocurrencies-how-i-learned-to-stop-worrying-and-love-digital-money/

This is one of my favorite articles to date. Excellent work.

Very good article. Wonder if many caught the Dr Strangelove or: How I Learned to Stop Worrying and Love the Bomb reference in the title. Very clever, will get the attention of those who there when the internet first started. The analogy from early internet to digital currency is spot on.

That was a great title. It took some efforts and team participation. I am very grateful and appreciative that we have been able to build such a strong team so quickly.

One of our biggest strengths is our ability to identify an industry problem and response to it very quickly by implementing a viable solution, thereby converting it from a problem to an opportunity. Our ecosystems will continue to expand around that theme.

CryptoMoms was launched in response to serious gender imbalance in our industry, dominated by men by a ratio of 95 : 5. I am sure that ratio has been improving.

DNotesVault was launched in response to the needs to have a trusted, secure, and convenient storage for DNotes stakeholders. We topped it off it unprecedented 100% guarantee with verifiable amount.

Our family of CRISPs have multiple missions including being viable alternatives to address student loan crises, as well as under-funded retirement plans.

The currently launched DCEBrief has the following mission:

DCEBrief is committed to focus on bringing issues that matter to your attention, utilizing an “Executive Summary” without fluff and filler. When appropriate, we may also include full length articles. Our mission is to keep you informed with timely, objective, accurate, and unbiased information. We will need the cooperation of the mainstream media and the full support of our political leaders and regulators to help promote and not stifle innovation for the better good of mankind.

DNotes

legendary

Activity: 1932

Merit: 1111

DNotes

Quote from: Dyna on September 24, 2015, 12:11:33 AM

Quote from: TeeGee on September 23, 2015, 10:38:35 PM

Good article Ken and Alan.

I need to potter along and finish my next one...

Good to see you TeeGee. Ken is a very talented writer. We are very fortunate to have his contribution.

Hey, TeeGee, I finally upgraded my LinkedIn profile. Thanks for your inputs.

Looking forward to it TeeGee! I appreciate the message you bring to your posts and writing for the industry. The talent pool is very strong.

Bergman

member

Activity: 72

Merit: 10

Quote from: kanus1113 on September 23, 2015, 04:01:10 PM

Quote from: DNotes on September 23, 2015, 02:08:35 PM

http://dcebrief.com/kubrick-clemenceau-and-cryptocurrencies-how-i-learned-to-stop-worrying-and-love-digital-money/

This is one of my favorite articles to date. Excellent work.

Very good article. Wonder if many caught the Dr Strangelove or: How I Learned to Stop Worrying and Love the Bomb reference in the title. Very clever, will get the attention of those who there when the internet first started. The analogy from early internet to digital currency is spot on.

KristinaHD

newbie

Activity: 46

Merit: 0

Quote from: SmokeysGardens on September 23, 2015, 09:27:27 PM

Quote from: Dyna on September 23, 2015, 08:44:23 PM

Quote from: IMZ on September 23, 2015, 06:31:12 PM

Quote from: Dyna on September 23, 2015, 06:37:09 AM

Quote from: IMZ on September 23, 2015, 03:43:34 AM

"I will be real excited when they can have a direct link to customer's bank account . . . "

Oh, yeeeeeeh! a crypto-fiat portal is a big step forward.

And Cryptsy?

Crypto theory will take a stride forward when there is ready admission of three things that represent de facto centralisation:

One: exchanges being set up to gain and trade large quantities of currencies' coins -- Cryptsy

Two: the fact of whales' influence on markets

Three (lesser but very real): the fact that an established -- 'main' -- bitcointalk thread is controlled by its OP

Mark (IndiaMikeZulu), Australia

It's a little early yet, but perhaps one day we should post a wish list of what an ideal global digital currency exchange should be, if it is only subjected to a universal global set of rules. One registration and a single annual reporting with individual nation providing their guidelines on AML and consumer laws already in books.

Decentralised?

But our perfect exchange -- meaning no disrespect -- would be none. (Okay, one community-managed otc exchange to facilitate merchant volume -- we've trialled this.) IndiaMikeZulu would like to see the currencies pass from the speculative-trading-centric phase to the 'transactional volume'-centric phase.

(Now you understand the enthusiasm I expressed for Daylily Gardens.)

Mark, Western Australia (How's ya winter, campers? Did I mention . . . tee hee . . . it's blossom-scented spring here.)

Hang in there, Mark. At phase three of our strategic master plan, we intend to launch a company that does not have any traditional book keeping, as we know it today. If you want to be a one of our suppliers you must accept payment in DNotes or a limited number of digital currencies on our list. The same thing is true if you want to buy any of our products on line. This company will not accept credit or debit card. No cash or check either. No direct payment with any fiat currency. But we will accept DNotes multi-currency card issued by our own bank or partner banks as the payment will be in DNotes. Even all the shares of the company, be it private, or publicly traded, will take full advantage of the Blockchain technology, that will be recorded in the public ledger verifiable by anyone anytime. All transactions are decentralized taking full advantage of the Blockchain technology.

So are we there yet? Unfortunately, no, we still have a long way to go. We are at the tail end of phase one. We will be starting phase two at the beginning of 2016. A good amount of our vision will be revealed in our next press release.

There are many hidden benifits (and market advantages) for a company set up like this. No credit card fees. No Pay Pal fees. Huge savings in accounting (the blockchain is the bulk of the accounting dept). No bank fees. No employee thefts of funds. No cash on hand (safer work environment). The list will grow as uses for the blockchain grows.

Smokey

The idea of starting a company that fully depends on Cryptocurrency is revolutionary. This is certainly a changing point in history. It's happening right now. future generations will collect paper money and hold them as antiques. Just as my children have no idea what a pay phone is, it may come to pass that my great grandchildren will have know ide what a debit card is. Don't freak out - embrace it!

Dyna

legendary

Activity: 1610

Merit: 1060

Quote from: TeeGee on September 23, 2015, 10:38:35 PM

Good article Ken and Alan.

I need to potter along and finish my next one...

Good to see you TeeGee. Ken is a very talented writer. We are very fortunate to have his contribution.

Hey, TeeGee, I finally upgraded my LinkedIn profile. Thanks for your inputs.

Dyna

legendary

Activity: 1610

Merit: 1060

Quote from: matatyau-cohen on September 23, 2015, 10:38:04 PM

But on the other hand such initiative/company must be ultra transparent on Bookkeeping toward the authorities - and because no borders and no nationality - toward any authority. the reason to such transparency is because this ultra new way of trading which any authority on globe will suspect it has a potential to an capital laundry. so this technic of new trade must be after deep thinking and even step by step with leading authorities such as USA and/or Europe. and more: if digital currencies seek acceptance from the authorities - maybe this is the best way to get it: by cooperation, i mean all authorities will be more open to accept the new tech of digital currency - when they have a great benefit out of this innovative field

Quote from: SmokeysGardens on September 23, 2015, 09:27:27 PM

Quote from: Dyna on September 23, 2015, 08:44:23 PM

Quote from: IMZ on September 23, 2015, 06:31:12 PM

Quote from: Dyna on September 23, 2015, 06:37:09 AM

Quote from: IMZ on September 23, 2015, 03:43:34 AM

"I will be real excited when they can have a direct link to customer's bank account . . . "

Oh, yeeeeeeh! a crypto-fiat portal is a big step forward.

And Cryptsy?

Crypto theory will take a stride forward when there is ready admission of three things that represent de facto centralisation:

One: exchanges being set up to gain and trade large quantities of currencies' coins -- Cryptsy

Two: the fact of whales' influence on markets

Three (lesser but very real): the fact that an established -- 'main' -- bitcointalk thread is controlled by its OP

Mark (IndiaMikeZulu), Australia

It's a little early yet, but perhaps one day we should post a wish list of what an ideal global digital currency exchange should be, if it is only subjected to a universal global set of rules. One registration and a single annual reporting with individual nation providing their guidelines on AML and consumer laws already in books.

Decentralised?

But our perfect exchange -- meaning no disrespect -- would be none. (Okay, one community-managed otc exchange to facilitate merchant volume -- we've trialled this.) IndiaMikeZulu would like to see the currencies pass from the speculative-trading-centric phase to the 'transactional volume'-centric phase.

(Now you understand the enthusiasm I expressed for Daylily Gardens.)

Mark, Western Australia (How's ya winter, campers? Did I mention . . . tee hee . . . it's blossom-scented spring here.)

Hang in there, Mark. At phase three of our strategic master plan, we intend to launch a company that does not have any traditional book keeping, as we know it today. If you want to be a one of our suppliers you must accept payment in DNotes or a limited number of digital currencies on our list. The same thing is true if you want to buy any of our products on line. This company will not accept credit or debit card. No cash or check either. No direct payment with any fiat currency. But we will accept DNotes multi-currency card issued by our own bank or partner banks as the payment will be in DNotes. Even all the shares of the company, be it private, or publicly traded, will take full advantage of the Blockchain technology, that will be recorded in the public ledger verifiable by anyone anytime. All transactions are decentralized taking full advantage of the Blockchain technology.

So are we there yet? Unfortunately, no, we still have a long way to go. We are at the tail end of phase one. We will be starting phase two at the beginning of 2016. A good amount of our vision will be revealed in our next press release.

There are many hidden benifits (and market advantages) for a company set up like this. No credit card fees. No Pay Pal fees. Huge savings in accounting (the blockchain is the bulk of the accounting dept). No bank fees. No employee thefts of funds. No cash on hand (safer work environment). The list will grow as uses for the blockchain grows.

Smokey

Mati, regulatory compliance will not be the concern. It is 100% transparent and there is no fiat currency changing hand at the point of payment or point of sales. Accounting software companies are already taking full advantage of the Blockchain technology to develop the next generation of software. As I mentioned earlier, the biggest challenge is building a trusted global digital for everyone, gaining mass acceptance. DNotes has been going the extra mile to make this happened.

Dyna

legendary

Activity: 1610

Merit: 1060

Quote from: grandmama on September 23, 2015, 10:59:46 PM

Quote from: kanus1113 on September 22, 2015, 04:31:48 PM

Pretty good action over at Cryptsy, 15 BTC volume.

Although I have not been on lately, I have been watching Cryptsy and yes pretty good action as you stated. DNotes has been doing very good lately. Perhaps it will continue moving in the right direction as people continue to read about and continue their education on what DNotes offers. Keep up the good work to all who are working to make DNotes a continuing success.

Good to see you grandmama. We certainly missed reading your great posts. A lot has happened over the last few months. We are doing very well at Cryptsy with high volume and larger trades. It does appear that we are gaining quite a few new stakeholders. DCEBrief is doing extremely well. I wish I am a master of speed reading. Getting hard to keep up.

grandmama

member

Activity: 82

Merit: 10

Quote from: kanus1113 on September 22, 2015, 04:31:48 PM

Pretty good action over at Cryptsy, 15 BTC volume.

Although I have not been on lately, I have been watching Cryptsy and yes pretty good action as you stated. DNotes has been doing very good lately. Perhaps it will continue moving in the right direction as people continue to read about and continue their education on what DNotes offers. Keep up the good work to all who are working to make DNotes a continuing success.

TeeGee

hero member

Activity: 846

Merit: 535

Good article Ken and Alan.

I need to potter along and finish my next one...

matatyau-cohen

member

Activity: 72

Merit: 10

But on the other hand such initiative/company must be ultra transparent on Bookkeeping toward the authorities - and because no borders and no nationality - toward any authority. the reason to such transparency is because this ultra new way of trading which any authority on globe will suspect it has a potential to an capital laundry. so this technic of new trade must be after deep thinking and even step by step with leading authorities such as USA and/or Europe. and more: if digital currencies seek acceptance from the authorities - maybe this is the best way to get it: by cooperation, i mean all authorities will be more open to accept the new tech of digital currency - when they have a great benefit out of this innovative field

Quote from: SmokeysGardens on September 23, 2015, 09:27:27 PM

Quote from: Dyna on September 23, 2015, 08:44:23 PM

Quote from: IMZ on September 23, 2015, 06:31:12 PM

Quote from: Dyna on September 23, 2015, 06:37:09 AM

Quote from: IMZ on September 23, 2015, 03:43:34 AM

"I will be real excited when they can have a direct link to customer's bank account . . . "

Oh, yeeeeeeh! a crypto-fiat portal is a big step forward.

And Cryptsy?

Crypto theory will take a stride forward when there is ready admission of three things that represent de facto centralisation:

One: exchanges being set up to gain and trade large quantities of currencies' coins -- Cryptsy

Two: the fact of whales' influence on markets

Three (lesser but very real): the fact that an established -- 'main' -- bitcointalk thread is controlled by its OP

Mark (IndiaMikeZulu), Australia

It's a little early yet, but perhaps one day we should post a wish list of what an ideal global digital currency exchange should be, if it is only subjected to a universal global set of rules. One registration and a single annual reporting with individual nation providing their guidelines on AML and consumer laws already in books.

Decentralised?

But our perfect exchange -- meaning no disrespect -- would be none. (Okay, one community-managed otc exchange to facilitate merchant volume -- we've trialled this.) IndiaMikeZulu would like to see the currencies pass from the speculative-trading-centric phase to the 'transactional volume'-centric phase.

(Now you understand the enthusiasm I expressed for Daylily Gardens.)

Mark, Western Australia (How's ya winter, campers? Did I mention . . . tee hee . . . it's blossom-scented spring here.)

Hang in there, Mark. At phase three of our strategic master plan, we intend to launch a company that does not have any traditional book keeping, as we know it today. If you want to be a one of our suppliers you must accept payment in DNotes or a limited number of digital currencies on our list. The same thing is true if you want to buy any of our products on line. This company will not accept credit or debit card. No cash or check either. No direct payment with any fiat currency. But we will accept DNotes multi-currency card issued by our own bank or partner banks as the payment will be in DNotes. Even all the shares of the company, be it private, or publicly traded, will take full advantage of the Blockchain technology, that will be recorded in the public ledger verifiable by anyone anytime. All transactions are decentralized taking full advantage of the Blockchain technology.

So are we there yet? Unfortunately, no, we still have a long way to go. We are at the tail end of phase one. We will be starting phase two at the beginning of 2016. A good amount of our vision will be revealed in our next press release.

There are many hidden benifits (and market advantages) for a company set up like this. No credit card fees. No Pay Pal fees. Huge savings in accounting (the blockchain is the bulk of the accounting dept). No bank fees. No employee thefts of funds. No cash on hand (safer work environment). The list will grow as uses for the blockchain grows.

Smokey

Dyna

legendary

Activity: 1610

Merit: 1060

Quote from: SmokeysGardens on September 23, 2015, 09:27:27 PM

Quote from: Dyna on September 23, 2015, 08:44:23 PM

Quote from: IMZ on September 23, 2015, 06:31:12 PM

Quote from: Dyna on September 23, 2015, 06:37:09 AM

Quote from: IMZ on September 23, 2015, 03:43:34 AM

"I will be real excited when they can have a direct link to customer's bank account . . . "

Oh, yeeeeeeh! a crypto-fiat portal is a big step forward.

And Cryptsy?

Crypto theory will take a stride forward when there is ready admission of three things that represent de facto centralisation:

One: exchanges being set up to gain and trade large quantities of currencies' coins -- Cryptsy

Two: the fact of whales' influence on markets

Three (lesser but very real): the fact that an established -- 'main' -- bitcointalk thread is controlled by its OP

Mark (IndiaMikeZulu), Australia

It's a little early yet, but perhaps one day we should post a wish list of what an ideal global digital currency exchange should be, if it is only subjected to a universal global set of rules. One registration and a single annual reporting with individual nation providing their guidelines on AML and consumer laws already in books.

Decentralised?

But our perfect exchange -- meaning no disrespect -- would be none. (Okay, one community-managed otc exchange to facilitate merchant volume -- we've trialled this.) IndiaMikeZulu would like to see the currencies pass from the speculative-trading-centric phase to the 'transactional volume'-centric phase.

(Now you understand the enthusiasm I expressed for Daylily Gardens.)

Mark, Western Australia (How's ya winter, campers? Did I mention . . . tee hee . . . it's blossom-scented spring here.)

Hang in there, Mark. At phase three of our strategic master plan, we intend to launch a company that does not have any traditional book keeping, as we know it today. If you want to be a one of our suppliers you must accept payment in DNotes or a limited number of digital currencies on our list. The same thing is true if you want to buy any of our products on line. This company will not accept credit or debit card. No cash or check either. No direct payment with any fiat currency. But we will accept DNotes multi-currency card issued by our own bank or partner banks as the payment will be in DNotes. Even all the shares of the company, be it private, or publicly traded, will take full advantage of the Blockchain technology, that will be recorded in the public ledger verifiable by anyone anytime. All transactions are decentralized taking full advantage of the Blockchain technology.

So are we there yet? Unfortunately, no, we still have a long way to go. We are at the tail end of phase one. We will be starting phase two at the beginning of 2016. A good amount of our vision will be revealed in our next press release.

There are many hidden benifits (and market advantages) for a company set up like this. No credit card fees. No Pay Pal fees. Huge savings in accounting (the blockchain is the bulk of the accounting dept). No bank fees. No employee thefts of funds. No cash on hand (safer work environment). The list will grow as uses for the blockchain grows.

Smokey

Looking at a few years down the road, the real challenge is not technology, but mass acceptance of a digital currency like DNotes. We are taking that challenge very seriously as reflected in our commitment to build up the vital components of our own ecosystem while doing our part to represent our industry in the best of light. CryptoMoms, DNotes Educational Guide, and our newly launched DCEBrief are significant efforts to help provide the much needed education and exposure to digital currency and the Blockchain technology.

SmokeysGardens

full member

Activity: 157

Merit: 100

Quote from: Dyna on September 23, 2015, 08:44:23 PM

Quote from: IMZ on September 23, 2015, 06:31:12 PM

Quote from: Dyna on September 23, 2015, 06:37:09 AM

Quote from: IMZ on September 23, 2015, 03:43:34 AM

"I will be real excited when they can have a direct link to customer's bank account . . . "

Oh, yeeeeeeh! a crypto-fiat portal is a big step forward.

And Cryptsy?

Crypto theory will take a stride forward when there is ready admission of three things that represent de facto centralisation:

One: exchanges being set up to gain and trade large quantities of currencies' coins -- Cryptsy

Two: the fact of whales' influence on markets

Three (lesser but very real): the fact that an established -- 'main' -- bitcointalk thread is controlled by its OP

Mark (IndiaMikeZulu), Australia

It's a little early yet, but perhaps one day we should post a wish list of what an ideal global digital currency exchange should be, if it is only subjected to a universal global set of rules. One registration and a single annual reporting with individual nation providing their guidelines on AML and consumer laws already in books.

Decentralised?

But our perfect exchange -- meaning no disrespect -- would be none. (Okay, one community-managed otc exchange to facilitate merchant volume -- we've trialled this.) IndiaMikeZulu would like to see the currencies pass from the speculative-trading-centric phase to the 'transactional volume'-centric phase.

(Now you understand the enthusiasm I expressed for Daylily Gardens.)

Mark, Western Australia (How's ya winter, campers? Did I mention . . . tee hee . . . it's blossom-scented spring here.)

Hang in there, Mark. At phase three of our strategic master plan, we intend to launch a company that does not have any traditional book keeping, as we know it today. If you want to be a one of our suppliers you must accept payment in DNotes or a limited number of digital currencies on our list. The same thing is true if you want to buy any of our products on line. This company will not accept credit or debit card. No cash or check either. No direct payment with any fiat currency. But we will accept DNotes multi-currency card issued by our own bank or partner banks as the payment will be in DNotes. Even all the shares of the company, be it private, or publicly traded, will take full advantage of the Blockchain technology, that will be recorded in the public ledger verifiable by anyone anytime. All transactions are decentralized taking full advantage of the Blockchain technology.

So are we there yet? Unfortunately, no, we still have a long way to go. We are at the tail end of phase one. We will be starting phase two at the beginning of 2016. A good amount of our vision will be revealed in our next press release.

There are many hidden benifits (and market advantages) for a company set up like this. No credit card fees. No Pay Pal fees. Huge savings in accounting (the blockchain is the bulk of the accounting dept). No bank fees. No employee thefts of funds. No cash on hand (safer work environment). The list will grow as uses for the blockchain grows.

Smokey

Dyna

legendary

Activity: 1610

Merit: 1060

Quote from: IMZ on September 23, 2015, 06:31:12 PM

Quote from: Dyna on September 23, 2015, 06:37:09 AM

Quote from: IMZ on September 23, 2015, 03:43:34 AM

"I will be real excited when they can have a direct link to customer's bank account . . . "

Oh, yeeeeeeh! a crypto-fiat portal is a big step forward.

And Cryptsy?

Crypto theory will take a stride forward when there is ready admission of three things that represent de facto centralisation:

One: exchanges being set up to gain and trade large quantities of currencies' coins -- Cryptsy

Two: the fact of whales' influence on markets

Three (lesser but very real): the fact that an established -- 'main' -- bitcointalk thread is controlled by its OP

Mark (IndiaMikeZulu), Australia

It's a little early yet, but perhaps one day we should post a wish list of what an ideal global digital currency exchange should be, if it is only subjected to a universal global set of rules. One registration and a single annual reporting with individual nation providing their guidelines on AML and consumer laws already in books.

Decentralised?

But our perfect exchange -- meaning no disrespect -- would be none. (Okay, one community-managed otc exchange to facilitate merchant volume -- we've trialled this.) IndiaMikeZulu would like to see the currencies pass from the speculative-trading-centric phase to the 'transactional volume'-centric phase.

(Now you understand the enthusiasm I expressed for Daylily Gardens.)

Mark, Western Australia (How's ya winter, campers? Did I mention . . . tee hee . . . it's blossom-scented spring here.)

Hang in there, Mark. At phase three of our strategic master plan, we intend to launch a company that does not have any traditional book keeping, as we know it today. If you want to be a one of our suppliers you must accept payment in DNotes or a limited number of digital currencies on our list. The same thing is true if you want to buy any of our products on line. This company will not accept credit or debit card. No cash or check either. No direct payment with any fiat currency. But we will accept DNotes multi-currency card issued by our own bank or partner banks as the payment will be in DNotes. Even all the shares of the company, be it private, or publicly traded, will take full advantage of the Blockchain technology, that will be recorded in the public ledger verifiable by anyone anytime. All transactions are decentralized taking full advantage of the Blockchain technology.

So are we there yet? Unfortunately, no, we still have a long way to go. We are at the tail end of phase one. We will be starting phase two at the beginning of 2016. A good amount of our vision will be revealed in our next press release.

IMZ

legendary

Activity: 1498

Merit: 1000

Quote from: Dyna on September 23, 2015, 06:37:09 AM

Quote from: IMZ on September 23, 2015, 03:43:34 AM

"I will be real excited when they can have a direct link to customer's bank account . . . "

Oh, yeeeeeeh! a crypto-fiat portal is a big step forward.

And Cryptsy?

Crypto theory will take a stride forward when there is ready admission of three things that represent de facto centralisation:

One: exchanges being set up to gain and trade large quantities of currencies' coins -- Cryptsy

Two: the fact of whales' influence on markets

Three (lesser but very real): the fact that an established -- 'main' -- bitcointalk thread is controlled by its OP

Mark (IndiaMikeZulu), Australia

It's a little early yet, but perhaps one day we should post a wish list of what an ideal global digital currency exchange should be, if it is only subjected to a universal global set of rules. One registration and a single annual reporting with individual nation providing their guidelines on AML and consumer laws already in books.

Decentralised?

But our perfect exchange -- meaning no disrespect -- would be none. (Okay, one community-managed otc exchange to facilitate merchant volume -- we've trialled this.) IndiaMikeZulu would like to see the currencies pass from the speculative-trading-centric phase to the 'transactional volume'-centric phase.

(Now you understand the enthusiasm I expressed for Daylily Gardens.)

Mark, Western Australia (How's ya winter, campers? Did I mention . . . tee hee . . . it's blossom-scented spring here.)

kanus1113

sr. member

Activity: 452

Merit: 250

Quote from: DNotes on September 23, 2015, 02:08:35 PM

http://dcebrief.com/kubrick-clemenceau-and-cryptocurrencies-how-i-learned-to-stop-worrying-and-love-digital-money/

This is one of my favorite articles to date. Excellent work.

matatyau-cohen

member

Activity: 72

Merit: 10

This is fantastic value. It's a pleasure to walk together

Quote from: Dyna on September 22, 2015, 10:01:28 AM

Quote from: matatyau-cohen on September 22, 2015, 08:27:59 AM

Thanks Alan, we sure agree. by the way, in short time will start Yom Kipur, which is the day - the jews believes - God judge the humanity - each one for their destiny. so let me use this opportunity to wish all of you - to be signed for good - and we as a community and each of us as well will gain success in DNOTES journey and any journey you choose

Quote from: Dyna on September 21, 2015, 08:23:02 PM

Quote from: matatyau-cohen on September 21, 2015, 05:36:51 PM

"a multi-currency card"---is a great idea Alan. more than that - we might find out that if side A removes some cultural obstacles - than side B might remove some "regulatory hurdles". I think these might be uncovered as 2 parts of one equation

Quote from: Dyna on September 21, 2015, 01:18:33 PM

Quote from: matatyau-cohen on September 21, 2015, 11:48:40 AM

Banks have traditional way to keep their money: safe. the new innovative tech - which keeps the money on air - is a great difference -cultural and practical - to the banks tradition. guess this is the pre gap that should be closed toward reaching the aim of DC's acceptance by banks.

Quote from: Dyna on September 21, 2015, 08:41:25 AM

Quote from: DNotes on September 20, 2015, 11:46:33 PM

Quote from: Chase on September 20, 2015, 07:32:35 PM

Here is an interesting article in that the author, like everyone at DNotes, agrees with the necessity of educating people on digital currency and blockchain technology.

FinTechEDU | Financial Giants Flock To Blockchain Technology, While Employees Left Clueless?

The underlying technology of bitcoin called, ‘the blockchain’ has disrupted & rocked the foundation of traditional finance to its very core! It seems mainstream media is reporting financial institution’s adoption of blockchain technology in nanoseconds. Only months ago many of these same outfits were opposed to change labeling the bitcoin community, ‘An underground group of criminals, geeks & misfits.’

Amid diverse opinion mainstream venture capital continues to flow through this market from financial giants such as; Capital One Financial, Citi Ventures, NASDAQ, VISA & others ‘solidifying’ the advancement of blockchain technology within the financial sector.

Problem… I recently spoke with a ‘highly’ recognized banker from Citi clueless to her employers involvement in blockchain technology? Later, I met with a money manager also with Citi who first heard of bitcoin/blockchain during our meeting? The guy manages $500M USD yet light years behind information? Conclusion…

‘FINANCIAL INSTITUTIONS ALIKE ARE IN SERIOUS NEED OF FINTECH EDUCATIONAL DEVELOPMENT, RESOURCES & TOOLS FOR EMPLOYEES WHO ARE FRONTLINE ENGAGING WITH THEIR CONSUMERS.’

CitibankBanks have gotten very lax with conventional means of operation & security while many employed by them seem ‘oblivious’ to change & innovation going on all around them. Banks severe need for blockchain awareness & education leaves a huge void for community members to fill via FinTechEDU initiatives.

Solution… EDUCATION! The bitcoin/blockchain academic sector is ‘exploding’ with many prestigious global colleges adopting, embracing & teaching this technology as a bonafide class or course. ‘Canada McGill University, University of Cumbria, Cyprus’ University of Nicosia, Duke University, Imperial College, London, Massachusetts Institute of Technology (MIT), New York University, Pompeu Fabra University, Simon Fraser University, Canada & others’ are laying the initial foundation of blockchain curriculums & digital lab type workshops for future generations to come.

We are building a digital economy & education is ‘key’ to ‘adoption through understanding’, if not, we are vulnerable to mistakes of the past.

https://news.bitcoin.com/fintechedu-financial-giants-flock-blockchain-technology-employees-left-clueless/

That article raises some great points. The tricky part will be catering the educational material to the intended user. Bankers and money managers probably don't need to, nor want to, know the underlying technology that digital currency is built upon intimately. This is something that has been in the back of my mind since I first learned about cryptocurrency.

"Clueless" about Bitcoin, Blockchain technology and digital currency? Harsh but close. Unfortunately, this applies to more than just the front office bank employees but senior bankers as well. There is no easy answer. Our industry certainly could do more by presenting a united front to minimize further confusion with a serious attempt to promote a clear and consistent message.

Mati, I can see that. One can touch, feel, and smell money. We can say the same thing about debit and credit card. It has indeed crossed my mind that to help bridge the "comfort" gap at this nascent phase we could offer a multi-currency card before migrating 100% to smart phone -100% virtual currency. There are no technical limitations to do that, but we can not say the same about regulatory hurdles.

Mati,those are very good points "["a multi-currency card"---is a great idea Alan. more than that - we might find out that if side A removes some cultural obstacles - than side B might remove some "regulatory hurdles". I think these might be uncovered as 2 parts of one equation]"

The process of change and the associated complexities, especially as it relates to mass global changes in consumer behavior is often under estimated and misunderstood. Cost savings and convenience are not the only governing factors. There are certainly "some culture obstacles" as you pointed out. Retaining some level of "comfort factors" is a prudent thing to do. Most people will be quite surprised to learn that AOL still has over 2 million dial-up subscribers paying an average of $20 per month. Could it help clear up some regulatory hurdles? Quite possible, perhaps some might be more comfortable that there is some physical matter one can see and touch so the word "virtual (currency)" doesn't bother them quite as much.

Thank you, Mati. we wish you all the very best. I personally feel greatly blessed to have this great chance to work with you all in this potentially massive opportunity for the better good of humanity.

Topic: [ANN][NOTE]DNotes - Celebrating DNotes 3rd Birthday - Forum Now Open - page 151. (Read 814554 times)