Post
Topic
Board Announcements (Altcoins)
Re: [ANN][NOTE]DNotes - CRISP for Students launched!
by
TeeGee
on 28/04/2015, 12:26:01 UTC
Forgive me if this is out of place, but this thread seems to have forgotten all about DNotes development and instead is just posting news about crypto in general (and various quasi-delusional libertarian dreams of the future). Could we perhaps.... get back to the point?

TeeGee asked a few pages back:

Quote
What do people here think the best way to encourage forum participation is?

The best way to get any participation period is to position the coin as a worthwhile and accessible speculation instrument. Whether you philosophically believe this or not, in crypto it's true. The ability to buy and sell something as a means to make money is the only route to awareness at this time.

So what is the most important short-term goal to achieve? Getting NOTE listed on Cryptsy. Until that happens, very little in the way of adoption or awareness will happen. Sure, you say - we're taking it slow. Well, I guess there's three speeds: slow, dead slow, and stop.

Pushing the listing of the coin on a major exchange will do a thousand times more for usage and interest than any marketing campaign, than any development work, than any linkedin posts..

Cryptsy needs to be our number one target above all else if this innovative coin is going to go anywhere.

Thank you for the comments Mochilles.

I think the links are very educational and relevant to DNotes, they are posted to highlight the development, growth and new ideas in the overall industry. Industry growth is good news for DNotes, since it means a wider 'in-the-know' audience that will readily accept DNotes on it's mission to be the preferred Digital Currency used for global payments, according to it's strategic mission and timeline. The other links that show stories about fund managers being unable to withdraw funds from a negative interest bearing account, the bank and regulatory authorities war on cash et al, are all important reading. These links highlight what I hope you do not consider a 'quasi-delusional libertarian dream' - where decentralized control of money is a foreseeable, and desirable goal for the future.


I don't personally know the ins and outs of DNotes strategic plan, I just retrospectively speculate given what I have seen in the hope others may find the thoughts useful whether they're accepted or not. If DNotes achieves it's stated mission to become the preferred Digital Currency for global payments with everyday consumers, then I would contend that the popular adoption of a currency completely in the control of it's users would be a pre-requisite! This outcome is popular with people from many ideological backgrounds.


I also think that at some stage, getting onto cryptsy will be very important. I don't know if the addition of DNotes to Cryptsy would increase liquidity by itself (and it well may AND bring more forum contributors), but what I do know is that DNotes has not positioned itself to be another 'pump and dump' coin for a quick return in dollars. The way I see it, is no long-term value can be derived from a coin that is purely a speculative tool. Given DNotes goals to be used for payments, stability and underlying infrastructure are paramount. That said, DNotes considers itself a long-term appreciating asset that will continue to rise while competitors fade. The DNotes team has looked at other crypto and seen that their strategies are inadequate - they're good for making a few trades, but none look like becoming a successful global payments medium. Why should DNotes follow?

Cryptsy is going to happen. Relationships with key players via linkedin, development work and the continued track-record as the most reliably appreciating, stable digital currency is the first priority.


The best way to get any participation period is to position the coin as a worthwhile and accessible speculation instrument. Whether you philosophically believe this or not, in crypto it's true. The ability to buy and sell something as a means to make money is the only route to awareness at this time.

A year ago I would have probably agreed, but I think this highlights an interesting difference in view that may come down to our long-term outlook on crypto's success. Price movements bring a lot of attention now, but a stable currency fit for global payments will bring infinitely more attention in the future. The former presumes that crypto is a tool to be later swapped back to dollars for profit, the latter opens the possibility that crypto will one day be accepted everywhere, and you'll mostly no longer need to use dollars again. The latter option, if successful, will mean returns on investment many times what could ever be possible with the short term, speculative position.

These are just my thoughts, feel free to add yours. You can comment and help steer the forum towards discussions about content and ideas useful to you.