I Have been an investor in Dnotes since about a month after it's introduction. I am excited to start utilizing the Dnotes Vault and to work with Veterans for Digital Currency (V4DC.COM). For those who haven't checked out our website yet here is some quick info. We are a non profit organization that is focused on supporting retired & serving military members and their families. We are excited to assist military communities that want to get involved with digital currency. I look forward to many years of success, investing my time and efforts into a very great organization and digital currency.
Sincerely,
MaxximusPrime
Thank you for your leadership in making Veterans for Digital Currency (V4DC.com) possible and welcome to DNotes. We are proud to be of help and will be supportive of your efforts in any way we can. Supporting military men and women is a worthy cause we are delighted to be a part of. DNotesVault will be a significant force in charity fund raising using digital currency as a store of value, especially with our “timed send” feature. “Timed send” gives the donor the option of releasing the donations by installments over a defined period of time avoiding instant dump which could negatively affect the value of donor’s holdings.
MaxximusPrime - Welcome to DNotes!! It breaks my heart to hear the stories of veterans coming home to find they can't get a job or they don't have enough service to retire. The medical costs they face because of injury, both physically and psychologically, are staggering. There are some great charities helping out, but we should all make it our mission to encourage all military personal to open up a DNotesVault account as a financial backup plan for their future. Thank you MaxximusPrime for taking the lead on this.
Dyna- Is the "Timed send" feature exclusive to charities or can it be used by anyone who has an account at DNotesVault? I was thinking it would be a great way to start a home ownership savings plan. It would be as easy as opening an account at the Vault with 2 deposit addresses. Put equal amounts of DNotes in each address, trying to accumulate most of them now while the price is so low. In X years, use one deposit address for the down payment and the other to make the mortgage payment (using "timed send"). Or, if we all play our cards right, it may pay for the house outright!!
Afterthought - The downpayment should probably be withdrawn in instalments as well (although larger and faster), so as not to cause the "instant dump". The possibilities are endless with this type of feature...
Timed send feature is available to any DNotesVault account holder. I am quite confident that within three to five years your vision of saving for a home down payment and monthly mortgage payment with DNotes will be a reality, assuming that reasonable government regulations are in place.
Let us assume that John has two DNotesVault accounts (A & B) each with a saving of 100,000 DNotes. For this example let us assume each DNotes = US$1; down payment = 100,000 DNotes; monthly payment = 1,000 DNotes. If everything remains the same John can use “Timed Send” to commit the entire 100,000 DNotes saved in account “B” for the first 100 monthly payments, over the next 8.3 years. I envision that by that time there will be a fully regulated bank or financial service company that accepts DNotes as a direct deposit into a regular USD savings account. Since the monthly payment will remain at US$1,000 per month, the concept of DNotes’ reliable long term appreciation could be in play in a big way here. By using this approach, John could have already paid for his entire 30 years mortgage. As DNotes continue to appreciate the monthly payment could be costing less than the 1,000 DNotes budgeted. Any excess amount will accumulate in his savings account to make more mortgage payments. Timed send feature allows the account holder to specify the amount and release date (days, weeks, months, years) until the committed amount is fully spent.
DNotes is totally focused in creating the ideal digital currency that is better than fiat currency as we know it. It will involve a lot of innovative technologies and infrastructures. However, it is of paramount importance that DNotes remains as a stable and trustworthy currency. We fully expect that within two years DNotes will fulfill the full functions of money and more. There will come a time when Bankers will take DNotes more seriously as a threat than they have been with Bitcoin. We have been taking stability seriously since day one. There will always be spoilers but when more and more of our stakeholders believe that it is in our best mutual interest to be investing for long term gain DNotes’ stability and liquidity will continue to improve. I believe that 2015 will be a very exciting year for all of us.