Quote from: RJF on January 16, 2016, 03:39:01 PM

Quote from: IMZ on January 16, 2016, 07:39:14 AM

'Do you think mass acceptance of another coin, such as DNotes, is in any way dependent on mass acceptance of Bitcoin? Or could it happen independently?'

May I say 'both'? Bitcoin is 'running block' for us, Wiser: first-to-market. Once an individual, though, has some competency with Bitcoin, they may well consider other cryptos, and choose one of those.

And here is where I put in a plug for IndiaMikeZulu's model, P2P-friendly: if you set someone up with Not-Bitcoin as their first crypto, you then have a fine chance that they will both stick with that coin, and become part of its P2P/merchant network.

Have you noticed my constant interest in the altcoin-cap-to-Bitcoin-cap ratio? Your question is why I watch it. And just a couple of days ago, there were four cryptos running multi-mil-$ trading-volumes!

Mark (IndiaMikeZulu), Australia

All markets are fundamentally alike. Do we all still drive Ford Model T cars? After the ground breaker has had some success, the innovators come out of the woods, happens all the time, everywhere. If you build a better mouse trap....

Bitcoin is exactly like the Model T. It's not the first but, it is the first SUCCESSFUL crypto. Some people innitially saw both as a threat, some saw them as a amazing opportunity to change the future. Human nature will always trump the statistics and predictions, on both sides of any issue. Crypto, in some form, will always be with us far into the future. DNotes could well be the replacement for the Model T.

Thank you, RJF. That is a very good long term prospective of how technology evolves. To be successful, it is not necessary be the first person who came up with the idea and turned it into a product or service. Ford Model T. has evolved thousands of times into the huge selections of cars we have today. Two classic yellow daylily plants known to be purposely cross pollenated in the early 1950's has led to over 80,000 registered cultivars with an array of stunning colors. Smokeys Gardens alone has created thousands of new flowers. One day when I have more time, some of them will be registered and made available for sale.

Indeed, we all react to things differently; ranging from no reaction, threats or opportunities. Innovators and true entrepreneurs see imperfections and problems as opportunities. Often the bigger the problem, the greater the opportunity. I see Bitcoin as an amazing innovation with positive world changing implications. A few may agree with me but we all are seeing that, like Ford Model T, it is imperfect and much can be improved. DNotes is currently at the problem solving stage; the most boring of all to spectators. It is hard to see value when one can not envision what we are doing. Building the right infrastructure is hard work, time consuming and expensive. But to the outsiders, it may not even be worth the scrape value.

Bitcoin and the blockchain technology can be drastically improved and taken to a much higher level to the extend that it meets the full functions of money and subsequently be superior to money. That is DNotes long term vision and everything that we are doing are strategically aligned towards reaching that goal. We strongly believe this is the right approach to fully exploit a rare and historic innovation. We see the full value of the whole package and committed to make it a lot better one day. Others, like the bankers may think that a stripped down version is good enough. They are right. Even a stripped version is a great improvement over their current inefficient outdated system.