Topic: [ANN][NOTE]DNotes - Celebrating DNotes 3rd Birthday - Forum Now Open - page 220. (Read 814541 times)

‘DNotes Will Be Known as the Currency with a Purpose’

"...how could I hand over my life savings, if no one could be held responsible or would stand by it to give me the confidence that it is in good hands? To me, it is hard-earned money no matter what you call it; commodity, property, or virtual currency of no intrinsic value. These I believe are the serious problems confronting our industry, keeping it from gaining traction towards mainstream acceptance." 

The comment above is so true and yet how many cryptocurrencies even recognize it as a problem?

What a fantastic interview, Alan.  Congratulations.

"DNotes will be known as the currency with a purpose"

Has a nice ring to it, don't ya think? Nice job on the interview.

Everything ties together very well and you can see where DNotes is headed.

Thanks TeeGee, you are correct, DNotes was created to be a global digital currency. We have dedicated ourselves to nurture DNotes and help it along as it grows, and our efforts and development is focused on becoming that global digital currency.

Exactly! Digital currencies will reflect an important cultural change, from not just being 'money' with a picture of a long-dead president, or queen on it, to having that content represented by an image, contract... anything. This will make an allowance, and need for many digital currencies, but at least one will definitely be required to facilitate global commerce without need for political borders. The interesting thing about that, is during times of political turmoil and/or inflation, people can move their assets to DNotes, which has a globally supported value; the troubles of one country will not cause significant volatility for a global digital currency. I also thing that given the argument for 'fiat' is that they are more stable due to massive market caps (likened to being gigantic ships in the sea, unaffected by the waves and Bitcoin being a tiny raft that gets thrown around), then given a global currency could have a much larger market cap if it were used anywhere in the world, I could foresee even greater stability in the long-term. Governments would be powerless to stop the spending of digital currencies even if they wanted to, however they could create severe penalties for people caught using exchanges to purchase it. I think nation states like Zimbabwe may worry that, if their currency began to have stability issues, then more people would change their wealth to digital currency, which would only compound the rate that the nation's unit of money was dumped on the market.

It is very true that the whole world is in need of a Digital Currency for global commerce like DNotes that would insulate developing nations from currency crisis, and established ones from risky monetary policy. I personally think the world needs much less centralized control, in particular, for currency, but have known that political leaders were never ready for it and would make life difficult. I sat there with my friends thinking about how to 'free money' from political prison for years, without ever knowing what digital currency was. After learning about crypto, I saw all of them as just a money making opportunity to do as a 'hobby', where I'd one day sell them for dollars. Almost every Altcoin was just relying on a small market of people who wanted to keep their financial activity 'anonymous', or enjoy the novelty of 'value' that was not controlled by any central entity. Not one stated it's goal was to become the dominant global medium for payment processing! The most amazing thing about DNotes though, is that the team have set out to achieve the same thing that I said I supported, but never had any concept how to achieve, let alone begin going about!

Awesome work glad to be part! It is awesome to see DNotes having news written on it, excellent job to the Author and Alan Yong. The DNotes entity and mindset is going places.

http://cointelegraph.com/news/114557/dnotes-will-be-known-as-the-currency-with-a-purpose

There will be many remaining fiat currencies and dozens of digital currencies a generation from now. But imagine how much better our world would be if among them there is one stable, trustworthy global digital currency that treats everyone equally. Equal value for all without the need of intermediary or the oversight of any central authority or verification of personal data. That is what I mean in suggesting that digital currency will have staggering world changing implications. That is what DNotes is striving for; one stable trustworthy digital currency for all. The whole world is ready and desperately in need of such a currency. Sadly our political leaders are not.

Welcome, matatyau-cohen! Yeh, scramble on board: they're fascinating.

Mark (IndaiMikeZuu), Australia

I agree They really need to do something and I don't want to get into a political argument here but they need new leadership for one thing, then a ton of DNOTES..

Wow... "The RBZ said customers who still have stashes of old Zimbabwean dollar notes can walk into any bank and get $1 for every 250 trillion they hold. "

Adopting a global digital currency does seem like the way to go.

Mining Bitcoin doesn't sound like a good option for them, but considering what their national currency is worth (100 trillion Zimbabwe Dollars = 40 cents in US Dollars), encouraging everyone with either a smart phone or any other kind of Internet access to collect Bitcoin from faucets might actually do some good.

They could either trade those Bitcoins for DNotes and hold onto them for the future, or they could sell the Bitcoin for US Dollars using Coinbase or similar, or they could keep them as Bitcoin and grow them by lending to margin traders on Poloniex.

Some relevant links with more details on either option:

My faucet retirement thread on CryptoMoms
My blog thread on CryptoMoms
Overview of guides on CryptoMoms

Now, to get the word out to people in Zimbabwe. I don't know anyone over there...

EDIT: At this point they'd be getting a better deal to sell their Zimbabwe Dollars on eBay rather than trade them in at the bank.

My suggestion for the following story is to take what little fiat they have left and buy DNotes.  Or they could sell their 100 Trillion Dollar bills (as a novelty item) for Dnotes. 


ZIMBABWEAN DOLLAR NOW COLLAPSES, WHAT DIRECTION SHOULD THEY GO?

https://www.cryptocoinsnews.com/zimbabwean-dollar-now-collapses-direction-go/

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_JrJ8VdCFIoHUgwTbtpiYBQ

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.

Most of us wish Bitcoin is doing better. Without good leadership and strong commitment of the community mass acceptance of Bitcoin will remain challenging.

Welcome

Some of this may sound familiar to many of you.

Major Challenges Facing Bitcoin Adoption

Bitcoin has already been existence for more than half a decade yet it has a long way to go before achieving mainstream acceptance. In fact, the challenges facing bitcoin back then are still pretty much the same ones it is struggling to surpass now.

The Trouble with Bitcoin

When it was first introduced, the main obstacle was the technical jargon and computer background needed to understand the concept itself. Bitcoin involves computers solving complex algorithms in order to verify transactions, something that was difficult to grasp by the common man.

From then, the features of bitcoin made it popular among members of the Dark Web or underground market. Bitcoin became prevalent in use with money laundering and criminal activities such as drug deals or assassination attempts, lending a negative light on its reputation.

This has also earned the ire of government officials and financial regulators who are having a hard time monitoring the activity in this industry. Many have made an effort to understand how the bitcoin ecosystem works while others dismissed the cryptocurrency as illegal.

The volatility in prices has also made it difficult for most people to accept bitcoin as a regular means of payment. You need it to be accessible, you need it to be usable and you need it to be relatively stable,” says Jonathan Chester, founder and CEO of Bitwage.

“We need to work on how do we bring people in and how do we capture the mainstream audience,” said Connie Gallippi of Bitcoin Foundation. She believes that the concept has to be made less complicated in order to capture the interest and trust of the general public.

As of now, three out of four Americans haven’t even heard of the six-year-old digital cash, a study conducted by the research firm GfK and The Street recently revealed.

Source: http://www.newsbtc.com/2015/06/12/major-challenges-facing-bitcoin-adoption/

Welcome, good time to arrive, just now can buy some cheapz DNotes and start CRISP fund  for your retirement, family, kids, or employes !

DNotes comunity keeps growing this is nice to see.

Welcome matatyau-cohen! Thank you for joining us. Look forward to it.

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

Hi matatyau-cohen and welcome to DNotes! 

Hello mati. Welcome to DNotes forum. We are delighted that you can join our community. There is indeed a lot to study and learn. I am amaze how a small community, with common goals, can accomplish so much in just over a year.

It is even more amazing to understand that we are just a group of common people of limited means, with a strong conviction that by working productively together for mutual benefits; beyond just ourselves, we can deliver uncommon results.

The world has been changing at an ever increasing rate. The most fortunate top 2% of the population is almost at the point of owing 50% of the global wealth. The remaining 50% is shared by the remaining 98% of the population. Billions of people have struggled in poverty, with 2.5 billion worldwide collectively known as the unbanked or underserved by banks and financial services.

We are strong believers that, a trusted stable digital currency, like DNotes, when positioned with the right purpose and worthy mission, can be a solution to solving global problems. To accomplish that we must build the currency from ground up with trust and integrity with strong long term commitment to create fundamental value and stability. The currency must be available for everyone worldwide.

By having the most important segments of our own ecosystem like CryptoMoms, DNotesVault and our family of CRISPs we will soon have a solid foundation to expand globally. We hope you will go a long way in assisting us in the success of DNotes in your region. Feel free to ask questions and let us know if we can be helpful. Welcome onboard.