Topic: [ANN][NOTE]DNotes - Celebrating DNotes 3rd Birthday - Forum Now Open - page 236. (Read 814542 times)

Very cool. Can't wait to see what happens from here.

Bitcoin recognized by the NYSE.

The Times article:

http://time.com/3889775/new-york-stock-exchange-gives-bitcoin-some-mainstream-love/

The index itself:

https://www.nyse.com/quote/index/NYXBT

The video on this article is pretty good. Regulation is stifling innovation. I didn't realize that the bitlicense was intended to be an additional license on top of all other licensing and reporting requirements, it is essentially another roadblock, and potentially an unnecessary one that simply duplicates rules and regulations already in place. We don't know what the next big innovation like facebook will be, but imagine if it cost 4 million dollars to start facebook? It wouldn't exist.

Bitcoin's Regulatory Nightmare Is About to Get More Frightening

http://reason.com/reasontv/2015/05/20/bitlicense-benjamin-lawsky-bitcoin

This is a very good point. The way people are at the mercy of banks is just appalling. I look forward to the day when DNotes is well established, and gives people a viable alternative to traditional banking.

It's sad to think about who really pays the price for all this. The people who use and trust these banks. They got ripped off to begin with, then those companies will have to find a way to charge people more to cover the fines.

NEW YORK (Reuters) - Five of the world's largest banks, including JPMorgan Chase & Co and Citigroup Inc, were fined roughly $5.7 billion, and four of them pleaded guilty to U.S. criminal charges over manipulation of foreign exchange rates, authorities said on Wednesday.

A fifth bank, UBS AG, will plead guilty to rigging benchmark interest rates, the U.S. Justice Department said.

U.S. banks JPMorgan Chase and Citigroup will pay $550 million and $925 million in criminal fines, respectively, as part of their guilty pleas.

British banks Barclays Plc will pay $650 million in criminal penalties and Royal Bank of Scotland Plc $395 million. Each will plead guilty to one felony count of conspiring to fix prices and rig bids for U.S. dollars and euros in the foreign exchange spot market.

Euro dollar traders at four of the banks described themselves as members of “The Cartel” and used an electronic chat room and coded language to manipulate exchange rates to increase profits, the Justice Department said.

The $5.7 billion total includes $1.6 billion in fines separately imposed by the U.S. Federal Reserve on the five banks.

Separately, the Fed fined Bank of America Corp $205 million for unsound practices in foreign exchange.

Barclays also will pay an additional $1.3 billion to settle with the New York State Department of Financial Services, the U.S. Commodity Futures Trading Commission and the UK's Financial Conduct Authority, authorities said.

http://reuters.com/article/idUSKBN0O51PY20150520?irpc=932

Right--shorter block target time would make a big difference. Anyway, good to know you are prepared

We have a much higher rate of allowable transactions per second and a much shorter block target time. However, that doesn't mean we won't have to make changes at any point to adapt to any need that arises. There is no perfect solution at this time, and likely never will be perfected, but we are prepared for that.

This is a very interesting article. I'm not as up on the technical aspects of Bitcoin or other cryptocurrencies. How is DNotes positioned to either solve this problem or never encounter it in the first place? Was it designed with much larger block size limits from the beginning?

Here is MasterCard's attempt to 'embrace' bitcoin.  It apparently protects the consumer against fraud, but once again, does nothing to protect the merchant.  In typical MasterCard style, it comes with a long list of fees.


"Danish Exchange CCEDK launches MasterCard Bitcoin Debit Card"

https://bitcoinmagazine.com/20470/danish-exchange-ccedk-launches-mastercard-bitcoin-debit-card/

I believe the original Bitcoin code was designed to show others the way, not remain static. The intelligence behind the design must have realized that a single solution would not work forever. There is a need in nature for things to grow, mutate, adapt and multiply, computer code is no different, everything follows these rules. The designer(s) must have realized that if successful, Bitcoin would need to change to keep up with the times and ever changing and evolving uses for the crypto-currency. Also, it would only be natural if it spawned others with similar, but different specifications. Why is it so hard for people to see this or, is it just the press doing their thing? Anyway, change is good as long as it solves a problem or adds value. To stagnate is to die and we don't want that now do we?

Having trusted management will become one of DNotes greatest assets in the years to come. Not to say the majority of the network won't rule, but knowing who to trust to make the right decisions will easier.

Leaderless Bitcoin Struggles to Make Its Most Crucial Decision

Bitcoin’s most influential developer has proposed a controversial fix that would help it handle more transactions.

In a test of Bitcoin’s ability to adapt to its own growing popularity, the Bitcoin community is facing a dilemma: how to change Bitcoin’s core software so that the growing volume of transactions doesn’t overwhelm the network. Some fear that the network, as it’s currently designed, could become overwhelmed as early as next year.

Source: http://www.technologyreview.com/news/537486/leaderless-bitcoin-struggles-to-make-its-most-crucial-decision/

Rewarding Employees By Investing in Their Future

You have my vote. That is my favorite too, bad far.  Great job.

     This is huge news!!! I was VERY excited, but not surprised to hear the news. Wall street is waking up to Digital Currency, and DNotes has been positioned for mass acceptance since day one. Our path to mass acceptance is very different than ALL other Digital Currencies. The world is beating a path to our door. Be ready.

      I would tag along with Alan, but muddy shoes and overalls does not quite fit the audience.

Smokey

Great! It was a tough one. Everyone is getting ready for the launch next week.

Rewarding Employees By Investing in Their Future - hands down my favourite.  I was getting caught up in the concept of it being the only affordable way for many employers to provide their employees with benefits.  However there is no catchy way to sloganize that and it doesn't necessarily come across in the best light.  This one is great because it very clearly states it is for the benefit of the employees.  Well done!

Thanks again Chase. It is a more difficult one to nail down. I will do a little brainstorming session here:

Employee Incentive That Works For You

Grow Your Employee Incentives

High Potential Employee Incentives

Investing In Your Employees Future

Employee Incentive Investment for the Future

Incentive That Grows for your Employees

Rewarding Employees By Investing in Their Future

Let me know if you like any of these or if they are heading in the right direction.

For some reason, this one seems to be more challenging.  Is this closer to the direction you want?

Rewarding your (loyal?) employees with valuable incentives (or valuable benefits?)

An economical way to reward employee loyalty with valuable incentives.

Thank you Infovortice!

Source: http://bitcoinwarrior.net/2015/05/interview-alan-yong-of-dnotes/