Dear Friends, I wish to bye Bitcoins and exchange it into Dnotes, what is the best and reliable site to do so (I'm going to pay by credit card in USD). Thank You (ok now i see there are instructions on Dnotes's site)
Found a pretty interesting article that grabbed my attention when looking for news for the DC recap. "Smart Business Owners Embrace Bitcoin"
http://www.huffingtonpost.com/jamil-bouchareb/smart-business-owners-emb_b_8535524.html"Bitcoin is the answer we've been waiting for to our monetary problems, especially internationally. When purchasing, selling, or transferring money between countries, big fees always stand in the way. We're forced to stalk exchange rates to hopefully get the best deal. Hell, even when we keeping our money within the country, big banks always find a way to slap us with fees. They need to make money too, right?
That's where the beauty of Bitcoin shines. People aren't at the center of this ingenious structure; instead, a powerful network of computers and complicated algorithms run the entire system. Thus, there is no entity, like a bank or government, running the system. Bitcoin is run completely by its users. This will help us take back our control over the money we work hard for.
We will be able to use our funds to our best capabilities, without paying the middleman."
Thought about this the other day, how many times do products are exchanged for money before a product reaches the consumer, and how much of that final price is the result of transaction fees. The impact on the price of products is probably fairly significant. From material harvesting, to manufacturing and the potential chain of manufacturing and transportation, to all the middle men along the way, and finally to consumer sales.
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Many see Bitcoin's main downfall as its unpredictability, especially in its value converted to U.S. dollars. At the moment, it stands just over $350 for one Bitcoin, but it has fluctuated from $7 to over $1,000. Bitcoin is a risk, I won't deny that -- but, as an entrepreneur, I'm used to taking risks. I have to, just like every other investor. And once Bitcoin stabilizes, the rewards will be worth the ride."
This is one of the biggest issues we see as well, minimizing unreliability will be an important part of strategy.