Quote from: DNotes on January 20, 2015, 06:16:46 PM

Quote from: RJF on January 20, 2015, 01:52:03 PM

Quote from: Dyna on January 20, 2015, 03:02:05 AM

Quote from: DNotes on January 20, 2015, 12:59:19 AM

Quote from: Chase on January 20, 2015, 12:41:31 AM

Quote from: TeeGee on January 19, 2015, 01:11:03 AM

It is always better when people mind their own business and don't spread FUD just because they decide to "leave a market". Anxiety from choosing to remain in the market is a different story.

I see Bitcoin is hovering a little higher today, although personally I'm kinda hoping it drops a bit before I make a purchase in the coming days. Look at it as a cheaper opportunity to buy DNotes with your dollars than you had before!

I've been looking at some facts on student debt in the states and UK, some of them are horrifying! (albeit some figures are hotly contested). For young people such as myself, the potential rewards are well worth the risks with crypto. I'm not sure DNotes will be available at a relatively low price in the near future regardless of what Bitcoin does. Giving away lots of crypto is part of my strategy to encourage adoption, as the value goes up of each unit of Notes, the more people you can give a "worthwhile" amount to. By this I mean that I could give somebody $20 of DNotes to get them started, but this could be several thousand DNotes, and would not be an insignificant proportion of my overall holding if I'm giving them away to many people. By comparison, if I am correct and they go up by a large margin, I could continue giving $20 worth of DNotes away to each person to get them started, but would have to give away far fewer of my overall holding. I could reach more people.

The more people who hold DNotes, the more awareness and demand will exist for them. That demand and increased chance of mass adoption will more than pay off for any small amount of DNotes you give away. I think the true trick would be in convincing people who know nothing about crypto, that these 'digital notes' that they know absolutely nothing are their best chance at escaping debt and retiring early! My blog is on how to register is still pending lol.

Just wanted to get in a quick afternoon post before I went about my daily activities.

You're right, the level of student debt is horrifying. This was a post from CryptoMoms a couple of months ago:

Did you know that in June, 2010, for the first time ever, the total student loan debt exceeded total credit card debt in the U.S. Check out the Student Loan Debt Clock:

http://www.finaid.org/loans/studentloandebtclock.phtml

Regarding being able to give people more DNotes now (ie. your example of $20 worth to everyone) because the price is low, as opposed to a lot less DNotes for $20 in the future, is something I have wondered about as well. My initial thought was that it would be better to give 100,000 people 100 DNotes, but then wondered if it was more beneficial to have the earliest adopters with a somewhat larger stake, similar to the early shareholders in a public company?? Would that make a stronger, more protective following?

Great question, that is a tough call. It probably depends more on the individual, but of course you can only attempt to predict how the person will react. There is a third option, start small, if it doesn't peak their interest or result in some level of reaction, there is no reason to go further.

Sharing is a great thing, especially giving some DNotes to your family and friends. We will continue to give away some DNotes but the amount is rapidly getting smaller as the value of DNotes continued to appreciate. 2,000 DNotes may not sound like much today but it likely to be of serious value a few years from now. Like everything else DNotes has been doing, our mode of operation is done in phases/stages. We are still at the stage when we have to convince others to accept DNotes as a gift. I trust that before the end of 2015 many will be asking you how they can invest in DNotes. That day may come sooner than we all dare expect. In the meantime, let us make sure that every CR.I.S.P. is launched flawlessly and all requests for support handled politely and promptly.

Unless we hear from our community differently, CR.I.S.P. for Retirement will launched the week of February 16, 2015, to be followed by CR.I.S.P. for Students a month later. Please share your suggestions and comments.

Excellent! I'll call it a birthday present (2/15)

Also, on the matter of the giveaway, it is a tough question but, "something for nothing" always draws peoples attention. Even a small amount will more likely draw someone in as opposed to nothing. I thing you need to set a "value" figure in a specific currency such as USD, say the $20.00 (or less) you mentioned, and stick with it no matter the conversion rate. That way your advertising "Twenty dollars USD!" rather than the moving target that is DNotes itself.

I will assume that the giveaway funds will be deposited in DNotes vault? I will also assume you will be getting at least basic info on the holders? That way, you can selectively market to them to increase their participation. A script can be developed to check accounts for activity and, if none after a preset time period, you write them off.

There can be a disclaimer in the initial giveaway notification advising them if they don't create an account or login within a specific time frame, they loose the gift DNotes. It's not a bad thing to put a time limit on further participation. I don't mean constant participation just the completing of an account or initial login to show their interest within a certain time limit.

This would help weed out the ones you are never going to hear from and return some DNotes to the giveaway fund. Also, perhaps, this is just a thought brought on by unusually strong coffee this morning, you could create a category within the vault structure for new signups and setup a method for them to transfer their DNotes to a standard account or a CR.I.S.P. which would close the newbie account and open a full account. This would also force initial participation and keep newbie, giveaway accounts from getting out of hand.

Just some ideas to ponder this Tuesday morning...

BTW: On the matter of student debt, it's a racket, a way for colleges to make money they never would have otherwise. It's not about education, it's about profit. My daughter is graduating from University of Maryland this year and moving on to graduate school (environmental and energy law.) She takes with her around 80k in student loans. And, UMD just sent out a letter advising that they lost $45,000.000 in funding, yes, million dollars from the state. How do you think they will make that up? Something has to give and give big time, this is killing our economy as much as our national debt.

The dollar value is a great idea and may help keep the amount meaningful. Speaking of which, where CR.I.S.P. for Retirement is up next; What do you think of having a field where the retirement account records deposits at the time of deposit and price conversion to USD, so we have a input dollar value, then have a current value in USD? This way the individual can track their investment.

Yep, we absolutely push the giveaway funds through the vault to give us more control, and the funds will be returned if no action in 90 days. But as far as marketing to them, there is a fine line we need to walk to be in compliance with the CANN SPAM act, but correspondence is no problem if they are interested and communicating with us.

I agree with the values shown, both would be very helpful. As far as spam, carefully crafted updates would ok and could be "opt in" by the user by clicking a "I agree to receive mailings from DNotes" or something like that.