Topic: DNotes 2.0 - Staking, CRISP Interest, DNotes Pay - page 338. (Read 148870 times)

Reality check: If you have a lot of money, paying a $20 - $100 transaction fee may not bother you if it is done to transfer large amounts of money in a secure manner. For the other 99% of the world's population, it is a dealbreaker. At this point, bitcoin is no longer the 'currency of the people', or a currency at all for that matter. Your morning latte would cost $103.75... I don't think so!


Bitcoin Users Would Pay Up To $100 Fees: Adam Back, Bruce Fenton

https://cointelegraph.com/news/bitcoin-users-would-pay-up-to-100-fees-adam-back-bruce-fenton

When will the transition to POS begin? I am very excited to stake my DNotes.

You're totally correct regarding industry challenges. The trend we currently see is many adaptations of the wheel, whereupon players go around in circles in their mission to drive around the world. DNotes takes the approach that if the road is properly mapped out, we will notice that we need to get over sea too -- it is not the wheel, but flight that is required. Our plane may take a little longer to design, test, and deploy than everybody else's car, but when their cars can travel them no further, they must watch as we fly on. At that juncture, they can not re-engineer their car into an airplane by taking off their clever iteration of the wheel, and attaching wings in their stead.

All the work is in the preparation - "Map out the road ahead, and work out how far the best road may take you. Or just fly. TeeGee, 2017

Sorry limmousine, but the signature contest ended on May 26th. Keep an eye on the DNotes forum for future social media campaigns. 

Hi Dev, how can I join in signature contest? Is it still open registration? Thank you

Thank you very much Tim, that was an excellent post from which I can tell a significant amount of research has gone into the workings in and behind what we are trying to achieve. I have a lot of respect for the effort you have put into your first post.

Your points made regarding social responsibility are well made, and they definitely resonate with our team. We have written in our forum a lot about currency collapse and the effects on local citizens' and the business they engage in. Venezuela and Greece are two countries that have struggled in recent times. Greece had an issue with fiscal responsibility because it became their only tool to manipulate their short-term economic 'well-being', along with banking system crash, meanwhile Venezuela attempted to nationalize everything and impose socialism v100.0 but that just resulted in complete failure and currency crash - not bad for a nation rich in oil, enjoying a year-round growing season, temperate climate, and some of the world's most desirable tourist locations...

The point is, cryptocurrency is the first opportunity that everyday people who have no political power -or nous- have had in a long time to make financial decisions for themselves again. They can expose themselves to the risk they want to be exposed to, and choose to be absent from the risk exposure of bureaucratic decision makers. In the developed world this may be the difference between short-term unemployment, or whether you end up on food stamps, but in Venezuela that is the difference between life and death, or eating your house pets to survive.

DNotes Global will play a significant role in alleviating this stress for those who want to participate in a network not run by their local bureaucrats that have proven themselves inept rulers. This role will form a central component of our business.

The technical hurdles that you have spoken of will also markedly improve the ability for people in developing nations to participate on less-powerful computers without ceding 'technological imperialism' to those in the developed world who can afford more powerful machines. Making our system as simple as possible is our main goal, because we want everybody in the world to be able to participate as though they intuitively knew what to do.

Great post.