Topic: [ANN][NOTE]DNotes - Celebrating DNotes 3rd Birthday - Forum Now Open - page 282. (Read 814544 times)

Thank you very much for the recommendation, I'll definitely check them out. Buying BTC is a shocker this side of the world, the best option seems to be localbitcoins if you want to use a local bank transfer, and you pay a ~10% premium for doing so.



This is a great tool for students to work out the opportunity costs involved when choosing a course of study. Clearly more remunerative fields like mathematics or computer science will mean less time spent paying off student loan debt when compared to a person studying say early childhood education. People should still always do the job that makes them happy, regardless of the pay. I quit a nearly decade long career as a chef after listening to too much Alan Watts, in particular I recommend all young people (or anybody) watch the first three minutes of this video:

https://www.youtube.com/watch?v=KSyHWMdH9gk

After doing so, I realised that it wasn't a particular 'job' or 'career' that I wanted, but a series of goals I wanted to achieve. Those goals will require many different skills and proficiencies, as well as drawing on the knowledge and experience of other people. These goals I set are risky, time consuming, and don't guarantee income, but make for a far more rewarding life experience.  Many students today are training for jobs they don't want to do, because they don't think they will be able to 'afford' the job they really wanted to do. CRISP for Students could be the catalyst that changes this. What if long term investments in CRISP accounts, whether from kids, students or retirement, set today's young up for life - removing the 'long-term' risk associated with following their life's passions?

CRISP for students isn't just about money, it solves for income what people really want to do with their lives if money were no object.

     I use coinbase also. Trust is a HUGE factor for me. For the majority of folks out there, the less you know about something, the more trust is needed. It is a dangerous out there in the crypto-currency world. Trust is SO important that it is one of the most important attributes any currency (bitcoin OR fiat) needs to survive.

Smokey

Marc,
Thanks for bringing up this important subject. I have been using Coinbase too with the same limit of $1,000 instant buy and a $50,000 daily buy/sell limit. We continue to recommend Coinbase as the first choice. There are false claims of faster service and other bells and whistles. Be very cautious. Not all of them are for real. I am still actively looking at potential option or partnership

I know that there are places you can buy and sell BTC using paypal and other forms of payment, charging fairly high fees. Just curious, what exchange do you use for your transactions? Our long term goal is to have a payment gateway or exchange where DNotesVault depositors can sign up for reoccurring savings deposits at the lowest fees possible, along with the best exchange rate to acquire DNotes. I am actively exploring various possibilities. I have yet to come across a near term solution that is sufficiently attractive.


Dyna,

             I use Coinbase and once you become a full member then you have instant BTC transactions. I have been using Coinbase for quite awhile now and just to give you an idea: My instant buy power is $1,000 USD (ie I can buy $1k worth of BTC right now and it is in my wallet instantly and available to send anywhere) and my daily limit is $50,000 USD worth of BTC. My daily sell limit is also $50,000 BTC to USD. Once you are verified and have fulfilled their requirements you are very well off. Also there is no fee to send BTC anywhere. The only fee is when you buy BTC and it is not very much compared to the exchanges and what they charge. Coinbase is by FAR the best outlet for USD to BTC in my opinion.

"But the BTC I purchased yesterday will not be in my account till Monday next week. Our future ecosystem will change that. Until the entire process becomes frictionless there is still more to be done. DNotesVault will provide a core solution to resolving many problems."

I'm enjoying comparing your 'outwards-focussed' marketing style to that of other communities. Many coiners remain (quite unwittingly) focussed on the trading (speculative) aspects of coining -- sooooooo 2014!!

In Australia, for example, two years ago, getting a hold of a pinch of Bitcoin was nothing less than traumatic. So yeh, smashing to matchwood the Barrier of Crypto-Purchase will pay handsome dividends.

Mark

P.s.: IndiaMikeZulu (Australia) uses a mob called 'Independent Reserve,' who have figured out how to circumvent the 10% Bastardry Tax in place here.

I found a really cool student loan calculator that offers something different.  This one calculates how difficult it will be to repay your loan not only by how much you owe and the length of time you take to repay, but also based on what you major in.  When you enter all the variables (including your major), it calculates the amount of payment and what percentage of income your payment is.

Note:  This calculator probably won't be needed by anyone signing up for the CRISP For Students!

http://www.hamiltonproject.org/student_loan_calculator/

Thoroughly enjoyed. When one doesn't want to hear something, because it has a direct negative impact on them, they tend to look for reasons to discredit it. Look hard enough and you will find what your looking for.

It is becoming more apparent by the day that banks and financial service companies are beginning to recognize that digital currency will become a real threat to their business sooner or later. They still continue to discount the threat because of Bitcoin high volatilities and lack of trust.

DNotes has been making every effort to avoid the pitfalls that continue to drag down Bitcoin mass acceptance. It is challenging that our industry has little patience to take time to do things right. We continue to believe that staying focused in executing our strategic plans using our building block approach will be the best route to DNotes success. Hope you will enjoy reading the following article as much as I did. Bankers are beginning to be a bit worried. It will be helpful if they are more friendly and supportive; such as working closely with us to become a gateway for people to purchase DNotes easily. Perhaps that day will be here sooner than later, providing more favorable regulations in the near future.



Coindesk:
Emily Spaven (@emilyspaven) | Published on March 27, 2015 at 13:47 GMT
http://www.coindesk.com/british-banking-association-bitcoin-is-a-real-threat-to-banks/

As cryptocurrencies grow in popularity, they will continue to threaten revenue streams of the traditional banking system, according to a new report from the British Banking Association (BBA).

A section of The Digital Disruption: UK Banking Report looks specifically at cryptocurrencies and the impact they have already had, and will continue to have, on people's perceptions of monetary transfer.
"Cryptocurrencies increasingly look like becoming ubiquitous challengers to more familiar, established currencies. And, as they grow in popularity, so too will the risks for banks," the report reads.

It goes on to emphasise issues presented and faced by bitcoin, including its volatility, its perception as a haven for illegal payments activity and its relatively low market cap ($3.4bn at press time).

However, the report concedes that the risks presented to the banking system by bitcoin should not be ignored:

"Bitcoin users can handle many of their daily payments needs themselves, without the need for interaction with banks, and avoiding the need to incur bank fees. In the same way, value stored in PayPal accounts moves outside of the bank’s payment systems, depriving banks of valuable payments revenue."
The BBA believes it is important for banks to take action now, investing time and energy in understanding how best to use the technology behind bitcoin.

"Banks must accept that they are increasingly part of the broader ecosystems that customers are constructing around themselves. However, their place in these ecosystems is far from secure," the report concludes

Looking excellent TeeGee!

They were right to trust you!  Those are very powerful statements.  Very well done and I am looking forward to seeing the rest.

I know everybody is looking forward to the upcoming Student CRISP release. I thought I'd quickly post a few extracts for you all to see. This press is to be released (as DYNA stated) on march the 30th. We are hoping for the same successful exposure seen with the previous release that was picked up by Bloomberg, CNBC, Yahoo finance and many other local / market specific media outlets.

DYNA, DNotes and Smokey have been very supportive of me by trusting me to work with them on what would be my first Press release. It was really fun to write about such a ground-breaking technology and the currency that will exploit it's advantages better than the rest! hopefully I will be asked in future to help out with other new releases!


"...CRISP For Student mission is to engage and involve students worldwide to participate by having an ownership stake in the most innovative technology revolution since the Internet, positioning them to benefit from potential high returns and job opportunities..."

-------------------------------------------------------------------------------------------------------------------------------

...Alan Yong, DNotes Co-Founder and pioneer of the first commercial tablet computer, warns that student loans are a major threat to long-term wealth accumulation and overall student well-being. Yong points to research by the Assets and Education Initiative (AEDI), that found students with outstanding debt, regardless of how little, are more likely to defer the purchase of revenue generating assets till later in adulthood...

-------------------------------------------------------------------------------------------------------------------------------

...“Yong added that The current student generation may not have access to publicly funded retirement entitlements in the future. This is why the DNotes team has moved to alleviate inadequate private savings...

-------------------------------------------------------------------------------------------------------------------------------

...CRISP for Students will become an integral part of DNotes ecosystem, with plans to include a conduit of scholar funds and an online global student marketplace. This is a global initiative to build the next generation of DNotes leaders and stakeholders, leading to mass consumer and mass merchant adoption of DNotes as a medium of exchange.

I know that there are places you can buy and sell BTC using paypal and other forms of payment, charging fairly high fees. Just curious, what exchange do you use for your transactions? Our long term goal is to have a payment gateway or exchange where DNotesVault depositors can sign up for reoccurring savings deposits at the lowest fees possible, along with the best exchange rate to acquire DNotes. I am actively exploring various possibilities. I have yet to come across a near term solution that is sufficiently attractive.

DNotes price is still under selling pressure, indicating that liquidity is still one of our biggest challenges. It will improve greatly over time as DNotes achieve greater awareness.

Our PR campaign will continue. We will be doing a step up tweeter campaign for two weeks as a test. Our press release for CRISP For Students has been approved and scheduled for release on Monday next week.

I use an exchange now for buying or selling btc and I have either paypal wi thin 24 hours and btc almost instant so that has helped me a lot when I need fast cash or btc..I have used it several times with no problem.. but yes we need more exchanges or payment gateways like this.. and I am happy to keep buying DNOTES..The rich became rich because they always bought everything cheap or at discount, they never pay full price for assets.. so for now I look at DNOTES as a long term asset..and when ready I will use it as a currency too..

Mark, that is correct. At this stage, those who know DNotes well, such as our active community members, may have compelling knowledge that DNotes is quite solid and not "speculative" while others may disagree. Most people in our industry may know of DNotes without knowing much about DNotes business model. It takes time to build awareness. We are committed to a sustained PR campaign to develop awareness as we continue to deploy our most important building blocks.

The next press release scheduled for Monday, March 30, 2015 will highlight CRISP For Students.

Dnotes Vault? Hmmm . . . reading reading.

"The biggest challenge confronting every coin today is liquidity and the speed of currency conversion. It is a classic case of supply and demand. Any time when there are more sellers than buyers the price goes down till it reaches equilibrium and the reverse is true."

Although, of course, once a crypto has elbowed its way from the speculative-volume phase to the 'transactional-volume' phase, you're operating on an entirely different terrain.

Mark

Thank you for the suggestion and support CryptoJohn. It's definitely something that has been on our minds as well.

Love Dnotes, have since the beginning

That said and i hate to be a wallet whiner but could the wallet get a facelift on the next update?

Check out WDC wallet, it's pretty sweet and even checks for updated versions of itself.

It only makes sense from an adoption standpoint. People buy new cell phones every year because they want the latest and greatest gadget, this mindset is not going to like the look of the standard qt wallet.

Love Dnotes!

I find this gateway in bitshares forum, for merchants blogs etc... they say is very cheap form to had gateway for merchant integration. Just take a look maybe for next future will be very usefull   https://gourl.io/

https://gourl.io/bitcoin-wordpress-plugin.html

https://gourl.io/view/newurl/Cryptocoin_Monetiser_Make_Money_Online.html

40 times every year over the next 5 years is very aggressive. A more realistic approach may be to envision DNotes as the preferred digital currency in global commerce with tens of millions of DNotesVault account holders actively using DNotes as a medium of exchange.

The biggest challenge confronting every coin today is liquidity and the speed of currency conversion. It is a classic case of supply and demand. Any time when there are more sellers than buyers the price goes down till it reaches equilibrium and the reverse is true. In our industry, there is an additional challenge. Using Coinbase it takes 5 business days to perfect a purchase of Bitcoin to the point of delivery. I love to buy a lot more DNotes at 4500 to 5000 sat. But the BTC I purchased yesterday will not be in my account till Monday next week. Our future ecosystem will change that. Until the entire process becomes frictionless there is still more to be done. DNotesVault will provide a core solution to resolving many problems.

So, if DNotes continues to grow by 40 times it's value from the past year, every year, think about the value of the coin in 5 years time! I'll let you do the math, I already did and it's amazing.

Just saying, when you look back at past value, you see what we have to look forward to in the future. And, in my honest opinion, we simply need to continue on the current path and not loose site of the reasons we have grown by that percentage over the last year. Follow the plan, stay the course, reap the reward.