Topic: DNotes 2.0 - Staking, CRISP Interest, DNotes Pay - page 217. (Read 148848 times)

DNotes have followed the correct approach in focusing on the desires and needs of its users. We are developing a lot of interesting and useful features that do not require advanced technical knowledge of the underlying mechanisms by which they work -- simplicity is a crucial component to successful and secure integration of cryptocurrency into the financial world.

The mini-IPO is an exciting development for us. I have been in Australia this last week, and have filmed shots among a few locations for our introductory video for the mini-IPO. I am also expecting to receive the final version of our introductory video to DNotes Global (animated video that I previously posted a brief extract from), by the end of this week. I'm looking very forward to sharing these with the community, and the production of many more.

The volatility in the market lately will be tough to weather, but we must keep in mind that many of us have seen this before, and last year was an extremely successful one and market growth is not necessarily a linear progression upwards. I've seen far too many people posting on social media groups that I'm a part of selling their crypto positions into fiat because their portfolio has halved -- this is the absolute worst way that people can take part in crypto. Firstly, this approach makes people sell low, and buy high -- selling the moment there appears to be market panic after significant drops in the price, and secondly, short-term trading isn't conducive to long-term realisations of success in any project, as they are likely to only hold positions in any cryptocurrency for a very short period of time. This is an attitude that speaks to the fact that the trader does not think that cryptocurrency is not the future of money, but a tool to buy in and out of in order to collect higher positions of fiat money. By focusing on fundamentals: like team, vision, and history, there is much more room for an investor to see cryptocurrency come to light as the future of money that can be used in everyday living situations, and they are much more likely to catch the benefits from its rise.

Daniel, the article you have written is excellent, and makes some very good points. I'm looking very forward to reading your upcoming articles.

Great advice, RJF. You have been around in our industry for a long time and have literally seen it all.

That said, I have these to add:

A major price correction after a huge run up is not a surprise. I am, however, very concern about the cumulative effect of many self-inflicted wounds caused by bad actors, as well as the reckless disregard of sound investment practices, and the recognition of existing legal and regulatory frameworks. The ICO gone wild craze will cost the industry dearly, as reflected in the increasing number of law enforcement actions. There is also the fear that Tether (USDT) may not have lived up to its claim of a 1:1 reserve.

There is no good advice for those who are already 100% invested. This industry has been behaving very differently, as I  mentioned in a recent article – with a casino gambling mentality:  https://dcebrief.com/bursting-bubbles-with-falling-knives-have-we-created-a-global-casino/

If I must guess, I would bet that we have yet to see the bottom. But who knows for sure.

For those who are just getting started, it is important to do your home. Traditional VCs place high value on the team and their track records that are proven and verifiable. Those are good guiding principles.

DNotes will be celebrating its 4th anniversary on February 18th. We have been totally committed to our vision of building a trusted digital currency accessible to everyone worldwide. It has been a very consistent message of inclusiveness for the benefits of everyone as we strive to gain mass acceptance of DNotes in global commerce.

It is our belief that to be the innovator and technology leader we must keep the needs of our stakeholders, consumers, and society in mind. We must be purposeful in our missions utilizing our expanding ecosystems to educate the general population, create innovative products and services, and respect existing laws that are applicable to our industry.

With that in mind, the current industry turmoil could benefit DNotes over the long-term. 

How about this: You haven't lost anything until you sell. Really. What goes down comes back up in this market, only a matter of time. This dip has happened every January since at least 2014. Lots of forces making it seem worse this year, it's the "FFF" factor; "Futures, FUD  & Fools" Hang in there...  

Hi The Chezzz, that is a great question. We are involved because we believe fundamentally that cryptocurrency is an amazing and world changing revolution that will have a deep impact on peoples lives. Without that philosophical buy-in, cryptocurrency is not the right investment vehicle for you (with some exceptions), you would simply be chasing the ups and down and much more prone to making big mistakes, at least from my view point. Following that same line of thinking, you would need that same buy-in for the way DNotes is approaching cryptocurrency.

Dnotes,

With BTC dropping fast, what kind of uplifting advice can you give the new people (doing this for the first time) wanting to hurry and get out? I know you are putting together training for the stay at home parents (Cryptomoms) who want to invest in crypto and all i'm hearing is I will never do that because of what we are seeing today. It could rebound and we all know this, but is something like this part of your training in the new Dnotes 2.0?

Hi flashmoniltd, yes it is a possibility for the next DNotesVault update for users that may not be able to use the app. Users may be able to use it still on desktop as well: https://www.maketecheasier.com/google-authenticator-for-desktop/

Question on DNotes vault update: Do you consider two factor authentication via SMS? I guess that there are a lot of people who can not (are not able to) use QR codes.

Fantastic! Another thought provoking article Daniel. I can imagine the benefits to the countries that adopt fair rules and regulations that have a minimal impact on the growth of the industry, in terms of being a technological leader attracting skill and industry, jobs and wealth creation, and the impact on the economy.

Thank you, Daniel, for another thought provoking article. We have never experienced any technology revolution that is such far-reaching and disruptive as Bitcoin and the underpinning blockchain technologies. Admittedly, it is also significantly more complex for most people to understand without devoting a great deal of time to research and think through it.

Any country that can appreciate the immense potential and proceed to create the most favorable regulatory environment to help the industry to flourish will quickly enjoy great economic growth. This is a generational opportunity. For that reason, I hope that we “don't throw the baby out with the bathwater.”

Thank you for sharing the link. There are certainly opportunities for DNotes to excel where Bitcoin has been failing. We have been positioning DNotes, since day one, to identify all the potential pitfalls that our industry must overcome before mass acceptance of digital currency in global commerce can become a reality.

It takes a lot of patience and demanding work to do the right thing at the right time. We are getting a lot closer to be a significant player in our industry. Once we started gaining sustained momentum - our unique vision, business model, and strategic executions will become more obvious and easier to understand.

DNotes is firmly committed to building a trusted brand, an inclusiveness for everyone, purposeful missions in each of our expanding ecosystem, a unified culture to accomplish common goals, and a best in class mindset in leadership, technology, and everything that we pledged to support.

However, we are mindful that Bitcoin is well entrenched with great name recognition. Bitcoin will be around for a long time. DNotes’ mid-term goal is to supplement Bitcoin short-falls, as well as that of fiat currencies. That itself is a gigantic undertaking. It will take us years to get there.

Samsung Building Chips for Crypto Mining

https://dcebrief.com/samsung-building-chips-for-crypto-mining/

https://cointelegraph.com/news/is-bitcoins-reign-as-king-of-cryptocurrency-in-danger

This article is showing us all that the door is opening for a new way to do business. Dnotes is coming. Don't let this opportunity pass you by.

Welcome The Chezzz, appreciate that you would share your experience with us. I believe we are absolutely on the right path and it takes some research and stepping back a little from the industry to see the bigger picture and the role DNotes can play in the future.

Agreed, thank you Denver Dan and Chase! Those are great questions in helping to clarify, not only for you, but also everyone else reading along.

Thank you Dan, for helping us to clarify our staking reward and CRISP reward. Together with the services DNotesVault is providing, this will indeed be one of the most valuable features available in our industry. We believe that it will be very beneficial to long-term investors. Ultimately, it will gain the support and participation of fund managers. We always believe in doing the right thing, even though it is often harder and takes longer to get there.

Welcome to DNotes, The Chezzz. That must have been quite an experience. It reminded me of my first few weeks of research towards the end of 2013. At one point I was about to take a pass. Good thing I approached it a little differently. "If it is important enough and you don't like it - change it." That should explain why DNotes is built so differently. We are beginning to gain some serious respect. Thanks for your support and confidence in us.

Yes, certainly. One of our core missions is to provide the facilities and platform for DNotes stakeholders to conveniently use DNotes as a form of payment at nearly zero cost. We also want to help build an environment where a large percentage of the payments will be between two parties without the participation of a third party. DNotes ecosystem will always be there as the alternative when needed, and charges a reasonable fees.

Chase, thank you very much for a very comprehensive post. It is frustrating that inaccurate and misleading information concerning ICOs and the SEC rules governing the sale of securities continue to propagate the news media.

I am also personally experiencing an elevated level of frustration in finding professionals in the legal, accounting, auditing, and business fields that understand their field of specialty plus a general understanding of our industry.  I have yet to come up with a perfect choice.  

I have been working on our funding programs with a Reg. D 506 (c) followed by a Reg. A+ Mini-IPO Title IV Tier 2 to raise a maximum of $50 million from accredited and non-accredited investors worldwide. Although it has been turning out to be more challenging in picking the right team, than originally anticipated, there is no doubt in my mind that we have selected the right approach – in fact the best option available for capital formation.

Back to the general subject of ICO, I believe that the SEC enforcement efforts will continue to intensify. The primary issues are the sale of unregistered or exempt securities under the SEC rules. I do not envision any problems concerning the trading of digital currency through an exchange, irrespective of whether the exchange has a local license. Most countries and states do not have an existing law upon which a license can be issued. However, in a State, such as New York, that has a licensing requirement (BitLicense) it is illegal for an exchange to operate or do business with its residents without a license. Therefore, acquiring DNotes, using an exchange like Cryptopia is not an issue of concern.