Topic: DNotes 2.0 - Staking, CRISP Interest, DNotes Pay - page 82. (Read 148868 times)

Just a quick observation on this story. As most of you know, DCEBrief covered this topic earlier this week, based on the news media reports circulating at the time. As we noted in our coverage, the original Business Insider story relied on unidentified "people familiar with the matter" - which is why we chose to guard our language in the article that appeared on Brief. As a result, we referred to reports from CNBC and others, but avoided declarative statements about Goldman's actual plans - since we could find no primary source material confirming any of those reports.

Unfortunately, the BI story has been credited as a factor in the market drop this week. Crypto markets often react strongly to even the slightest hint of bad news - and sometimes all it takes is a rumor to get things rolling. This was just a rumor, of course, since Goldman apparently had no firm plans or schedule for launching the trading desk, and thus there were no firm plans to abandon. It obviously would have been helpful if the company could have clarified all of this on Wednesday, as soon as the BI report was published and before too much damage was done. Better late than never, though.

There is a lesson here for all of us in this age of rapid-fire media reports. Anonymous sources and so-called people-familiar-with-the-matter often prove to be less than entirely credible. Sometimes, these sources are just insiders with an agenda. Other times, they're people who don't know as much as they think they know. And, perhaps less frequently, some sources don't even exist except in the fevered imaginations of certain reporters. The lesson is simple: we should all be cautious when reading news based on unnamed sources, and especially cautious when what we are reading could impact our investment decision-making process.

Goldman Sachs CFO: Reports that Firm Abandoned Crypto Trading Desk Plans are 'Fake News'

https://dcebrief.com/goldman-sachs-cfo-reports-that-firm-abandoned-crypto-trading-desk-plans-are-fake-news/

Thanks Amadeus82, appreciate all the support. You're certainly right, there are no shortcuts when doing things the right way and for long term sustainability. Our focus will be to continue our funding efforts, increase our reach and exposure, get listed on a major exchange, and encourage people to acquire some DNotes and support DNotes on the exchanges.

I noticed that interview with Adam appeared on Yahoo Finance. That was really nice to see, since they have a lot of readers and can greatly increase the reach of DNotes  For me that was another conformation that things are going in the right direction.

I hope that people do understand how important is to have reliable team with experienced leadership behind the coin, and that DNotes has all that. Most of the coins which failed (at least of those in my portfolio) did that mostly because the team was not serious or was in just for some fast money

Brussels-Based Think Tank Recommends EU-Level Regulations for Crypto Industry

https://dcebrief.com/brussels-based-think-tank-recommends-eu-level-regulations-for-crypto-industry/

https://finance.yahoo.com/news/dnotes-global-ceo-alan-yong-133000892.html

Thank you for the kind words noisybit. We are doing everything we can to contribute to a better and more inclusive future. We are very excited about the next few months, where we are putting all of our available resources into completing a successful first funding round, that will set us up to leap forward very quickly to become at the minimum equal to, or better than our competition. That has been our stated goal since we began this project -- and being the best in class in all categories comprises of a vision, mission, and many objectives that will take several years and a significant amount of funding to pull off. That is one of the reasons that we are committed to using some of the proceeds of our first funding round to undertake a much larger Reg A+ round that will see us raise anywhere up to a maximum of $50m USD through 2019.

Just like it said in Alan's interview with DCEBrief only a few posts above, we chose this route because we saw the early likelihood that government authorities like the SEC are unlikely to allow a multi-tiered system of venture financing to exist where some businesses follow the rules, while others do not. DNotes is a project that has been around for a long time now, and will be around for a very long time thanks to a sustainable business model and excellent management. We will be making ourselves well-known soon.

 

Well done Alan, I don't think this interview could have gone any better. You are absolutely right, the SEC was founded exactly for the reasons you described:

"Remember, the SEC mandate is not just about consumer protection; it also includes a responsibility to ensure that markets are fair. The SEC is unlikely to ever be satisfied with a situation in which some industries comply with security laws while others ignore them. So, our best option as an industry is to proactively move to come into compliance. Register where appropriate. Obtain exemptions where they apply. Just make sure that everything is done legally. We believe that the existing regulations are enough to bring order to ICOs and satisfy the regulatory authorities – but only if the industry focuses on compliance. DNotes Global is committed to leading the way in that effort."


"The SEC was tasked with preventing that type of environment from ever forming again. The agency was empowered to enforce regulations that would provide strengthened investor protections and secure and maintain fair, orderly markets. The goal was to ensure that capital could be formed in a more transparent and regulatory-compliant manner, protecting investors without stifling innovation and growth."


"Of course. While I have been on record agreeing with the SEC’s view of most ICOs – because they do meet the regulators’ definition of securities and thus should be regulated as such, that doesn’t mean that I disapprove of initial coin offerings as a concept. To the contrary, I believe that they are perhaps one of the most efficient means of capital formation we’ve ever seen. The ICO’s ability to enable virtually anyone in the world to invest in a project can conceivably provide greater access to opportunity for more people than any other form of investor fundraising.

That’s critically important for growth and innovation, since capital is the very lifeblood of entrepreneurial endeavors. To fulfill any entrepreneurial dream, startups must have ready access to capital that can enable them to properly execute their strategies at the right time and in the right way. In our hyper-connected world, the ICO provides a globally-accessible form of crowdfunding that can enable anyone with resources and internet access to participate in a funding effort. That’s truly disruptive for capital formation, and potentially world-changing."



This is the SEC mission statement, copied directly from the SEC website:
"The mission of the U.S. Securities and Exchange Commission is to protect investors, maintain fair, orderly, and efficient markets, and facilitate capital formation."

https://www.sec.gov/Article/whatwedo.html

Report: Goldman Sachs Has Dropped Plans for Crypto Trading Desk

https://dcebrief.com/report-goldman-sachs-has-dropped-plans-for-crypto-trading-desk/

DNotes has worked very well, and ii is an honor that contributes to this global initiative, and I hope that the DNotes are getting better and more successful, good luck for DNotes

In Interview, Alan Yong Addresses ICOs, NextGen VC, and Regulatory Compliance



https://dcebrief.com/in-interview-alan-yong-addresses-icos-nextgen-vc-and-regulatory-compliance/

It is true that this could lead to increased selling pressure in the BTC / USD market, however it could lead to an increase int he demand of people to purchase Bitcoin in equal measure. Not only that, but if Bitcoin is easier to spend and trade for USD, then more people are likely to accept it as a medium of exchange for goods and services (since they know they can easily spend it or sell it). Once you get to that point there becomes no real need to take BTC back into USD, since everybody is using it for money as a medium of exchange, and a store of value anyway.

Nice article We need more articles like this on various web sites to increase the reach and awareness about DNotes.

Maybe opportunity for DNotes in the future would be to form a partnership with some company like Cashback (Lyoness), I'm sure that there are other similar out there, I just gave that one as example because it is most well known. Users could then maybe also collect points in the form of DNotes and could then exchange them for goods in physical form. Well...just the idea (not necessarily a good one ) which currently occurred to me 

How Litecoin Is Different Than Bitcoin

https://dcebrief.com/how-litecoin-is-different-than-bitcoin/

Great article on BitcoinMarketShare outlining DNotesEDU:

Education of Cryptocurrency DnotesEDU

https://i2.wp.com/bitcoinmarketshare.com/wp-content/uploads/2018/08/dnotes-go-now.jpg?w=1320&ssl=1

Beginning cryptocurrency investors often find a stumbling block once they begin their journey. Currently, there is a gap between what the average mainstream investor finds easy to understand, and the “geek speak” that prevails with cryptocurrency. DNotesEDU is helping to bridge that gap with free access to reliable, easy to understand education of cryptocurrency material.

https://bitcoinmarketshare.com/education-of-cryptocurrency-dnotesedu/

Blogger
Number of blog websites worldwide – 425.7 million https://www.statista.com/statistics/256235/total-cumulative-number-of-tumblr-blogs/

Ways they can use DNotes
⦁ Collect recurring subscription fees from loyal customers by requesting a DNotesVault timed send payment from the customer, coupled with DNotes invoicing on the merchant’s side. If they stop making the recurring payment, the invoice will not be settled and they will no longer receive access to the content. https://dcebrief.com/dnotes-smart-invoicing-merchant-services-built-into-the-blockchain/
⦁ Collect DNotes donations by listing a DNotes wallet address or QR code on your website. This allows your readership to financially support the blog. The easiest way to get a QR code that readers can send DNotes to is by downloading the DNotes electrum wallet. https://github.com/DNotesCoin/electrum-dnotes/releases/download/3.13/electrum-dnotes-3.1.3-100-g84069bb-setup.exe
⦁ If you are a salaried blogger with a track record of loyalty to your employer, you can request that they pay you automatically in recurring timed send payments using DNotesVault. https://dnotesvault.com/
⦁ Have readers pay to unlock premium content, or pay to read more with the DNotesPay WordPress plugin. https://www.youtube.com/watch?v=OqKmqHiIXGk


Government Assistance Recipient
(including the unemployed, and people who currently work but also receive assistance)
Number of recipients in the US – 52.2 million https://www.census.gov/newsroom/press-releases/2015/cb15-97.html

Ways they can use DNotes
⦁ DNotes is a very affordable investment, which opens up opportunities for all. DNotes does not discriminate based on pay grade, employment status, medical history, or personal habits. Unlike other investments or savings accounts, you can make investments of less than a dollar, and it is free to participate in the DNotes ecosystem. Users can keep their DNotes secure for a long duration of time at DNotesVault, where they will earn .5% interest approximately every month.
⦁ Enhances auditing ability for assistance providers, to make sure recipients aren’t spending money on items they don’t need. A recipients spending history can be followed in near real time on the block explorer, just by reviewing the address where their assistance payment was deposited. https://chainz.cryptoid.info/note/
⦁ Recurring payments can be made automatically for long term disability recipients by using DNotesVault timed send. http://dnotesvault.com/
⦁ Since the financial entry barrier to DNotes is all but non existant, users can leverage the interest they earn through CRISP and staking, to help slowly improve their financial standing and decrease their reliance on social assistance.
⦁ There are many ways to earn DNotes without buying any. Those dependent on government assistance could sell any product for DNotes, start learning how to be successful in business on https://fourpillarsofbusinesssuccess.com/, and begin breaking dependence on assistance by building their own small business. There are plenty of online platforms to build a free website, and if you get creative you can likely find products in your immediate vicinity that can be sold for DNotes. All you need is an internet connection; those who have a hard time finding one may want to look for a local internet cafe or library that offers computer access to the public. You can also work with others in your situation to help elevate the entire group to a level of success that would have been impossible as an individual.


Read how the other 8 most common professions can use DNotes to their advantage on DNotesEDU.com