Topic: [ANN][NOTE]DNotes - Celebrating DNotes 3rd Birthday - Forum Now Open - page 272. (Read 814544 times)

CryptoMoms 1st Birthday on April 16, 2015.

CryptoMoms was launched about a year ago “as a digital community center with a dedicated mission to encourage and assist women to participate in the emerging world of crypto currency overwhelmingly dominated by men.”

CryptoMoms 1st Birthday is on April 16, 2915. We invite and encourage all of you to make a special effort to help promote CryptoMoms in celebration of its Birthday. We continue with the strong conviction that CryptoMoms is a good cause that will be instrumental in assisting women in various ways. It will also contribute to the success of our industry.

A full press release will be issued on Thursday next week. Please post your comments and any recommendations you may have.

Thanks, Ian. Those are great insights. I was not impressed by what they were saying but did not feel that I had objectively researched their position. My suspicion seems be correct that they are really not as supportive of Bitcoin as we have been led to believe.

There is a serious lacking of knowledgeable political leaders around the world with genuine interest to support digital currency. Misleading headlines and inaccurate reporting have certainly not been helpful. These are all damaging to our industry. The shutting down of Buttercoin exchange, despite “A” list investors, including Google, is the first sign of a crack that could lead to further consolidation. Again, taking our time in making slow but strategic moves is even more important than a flash in the pan.

Tee hee . . .

You may have noticed that I sign myself 'Mark (IndiaMikeZulu), Australia.' 'IMZ' is perhaps unique, a trust-alliance of krypto geeks. We divide labour; we pool all data; we hold 90% of our funds independently; but we pool some for development.

Well, Ian Ridgwell is our trader. He's breathtakingly good at it, and I trust his judgement completely.

Mark

The Australian Central Bank is dismissive right now but the article also mentions its willingness to work with international regulatory bodies. This was not a positive article in my opinion.

1. They don't care, Bitcoin just isn't on there radar. This is not a good indicator.

2. They are willing to follow international protocols without considering there own position or the benefits dis-benefits to Australian business. More copying whatever America decides to do.

3. The Australian Reserve Bank and the current Australian government are not on the same page politically or financially right now, this includes Bitcoin.

4. This doesn't change anything regarding Australia's double dip GST tax on Bitcoin.

5. The current Australian government is implementing meta data retntion laws and likely will pass the TPP both of these are indicative of a hostile regulatory view on internet users and internet behaviour. TPP is also problematic in other ways.


Ian Ridgwell

IMZ - Australia

Thanks a million, Mark. You saved me a lot of time. There are more roadblocks than we care to accept and there is not much we can do about them. Being impatience and wishful can be are biggest enemies. Stay the course, no short cuts. At DNotes we believe that every single step we made is one step closer to accomplishing our mission, and a little more in added value.

"I think the Australian Central Bank is missing what cryptocurrency will evolve into. I'm not sure how to interpret this though, as I'm not sure how the government / reserve bank structure works in Australia."

As fast as I can type, Kanus:

tl;dr: Australia stands half way between Progressive and Bangladesh:

Glenn Stevens of the Reserve Bank commented positively (at least neutrally) on Bitcoin in 2013. The general tenor of articles on Bitcoin in Australia have been misleading (certainly Coindesk). Australia does not really seek to be a leader in the field. It -- certainly the banks and the Australian Taxation Office -- seeks to strangle the babe in the cradle while making soothing noises.

Our accountant thought I was bein' a bit of a worry wart when I opined -- long before the undoubtedly-intentionally-delayed release of clarifying details by the ATO -- that a hostile regulatory environment would result. When our accountant did finally see the ATO release, he sighed, and admitted I was right.

[Wanna buy a loaf of bread with Bitcoin in Australia? Well, you pay a 10% tax to buy the Bitcoin, and then pay Sales Tax when you buy the loaf.]

Uncertainly of Situation has been a primary tactic. (Teachers call it 'passive-aggressive.') Australia's degree of regulation is already Orwellian. Thus, a business can only assume: bottom line, more paperwork.

Still,  adoption by small businesses in Australia continues apace (we did a huge survey during a project that got collapsed by the incompetence of our national telecommunications provider. It was called 'Cryptomall.com.au').

And in closing, we get free advice from 'our accountant.'

Mark

Trading Dnotes in Chinese (on Yobits)!

Doubleplusgood.

Mark

Thank you YoBit, I will add it to our list.

Added to blog  http://dnotescoin.blogspot.com.es/p/dnotes.html

Dear Forum Members!

DNotes [NOTE] is listed on YoBit.net Exchange! ( Twitter: https://twitter.com/YobitExchange/status/585590989659762688 )

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The 2013 paper listed here:
http://www.coindesk.com/bitcoin-limited-risk-to-payment-systems-says-reserve-bank-of-australia/
Was quite impressive.

I think the Australian Central Bank is missing what cryptocurrency will evolve into. I'm not sure how to interpret this though, as I'm not sure how the government / reserve bank structure works in Australia.

The headline of the following article caught my attetion. Unfortunately, I do not have time to research this further and comment on it. There are interesting implications others may want to comment on.



Pete Rizzo (@pete_rizzo_) | Published on April 7, 2015 at 20:31 BST
http://www.coindesk.com/australian-central-bank-bitcoin-regulation-not-worth-the-cost/


The Reserve Bank of Australia (RBA) has indicated that it is not in favor of regulating bitcoin and other digital currencies, stating that “any benefits of regulation would outweigh the potential cost”.

The statements, issued on 7th April, are the latest fromAustralia’s central bank, which went so far as to propose that coordinated cross-border regulation is necessary given bitcoin’s potential to disrupt the global remittance industry.

The RBA suggested it could seek cooperation from the Bank for International Settlements, an international organisation of central banks, and its Committee on Payments and Market Infrastructures (CPMI), which includes representatives from Belgium, Canada, France, Germany, Italy, Japan, the Netherlands, Sweden, Switzerland, the UK and the US.

Overall, the “opening statement” into its inquiry of the technology was neutral toward the development of digital currencies, suggesting there is “nothing to prevent” two parties from engaging in transactions via these channels.

Further, the RBA offered its opinion that digital currencies, if left unregulated, are unlikely to cause significant economic disruptions, writing:
“The bank's judgement is that the current very limited use of digital currencies means that they do not raise any significant concerns with respect to competition, efficiency or risk to the financial system.”
The RBA is currently investigating the subject as part of its Economics References Committee, which examines issues as diverse as tax avoidance and affordable housing.

The central bank first began exploring the subject in a 2013 paper for its Payments Systems Board

Absolutely, I encourage anyone to share it.

Added to the OP. Is it ok if I share this on social media?

Thanks, the link does remain the same with every upgrade.

Excellent, thanks infovortice2013!

Wow really shaping up CryptoBroker79. Love the new features. The link doesn't change as you upgrade it does it?

yeah i buy some hundreds  

also i add press page to dnotes blog, real good for not show it  

http://dnotescoin.blogspot.com.es/p/prensa.html

I have a buy placed for Dnotes. I just hope it goes lower

Version 1.0.9 of "DNotes Educational Guide" is available on Google Play https://play.google.com/store/apps/details?id=com.tool.DNotesEDU

Featuring new "How-To Guides" section, this app is perfect for Digital Currency Users of all skill levels. Please test it out and provide feedback, I'd like to include everyones suggestions in the app.