Bitcoin Notes:
1. By now we have all heard that the premature merchant acceptance of Bitcoin and the subsequent immediate selling of it for fiat, makes price stability challenging. There is another obstacle that may be standing in the way of large corporations holding onto it after receiving it as payment.
"Under the generally accepted accounting principles (GAAP), corporations may not be able to count bitcoin holdings as a hedge against currency risk due to the volatile nature of the digital currency. They may instead have to count bitcoin assets as a speculative position, which would increase their risk profile. In other words, large merchants cant be relied on to drive bitcoin demand, nor are they long-term holders of the digital currency."
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http://www.coindesk.com/citi-miners-merchants-keeping-bitcoin-prices-check/2. This is an article on OTC (over-the-counter) trading of large blocks of Bitcoin - this may come in handy for DNotes one day!
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http://www.coindesk.com/bitcoin-brokers-trade-millions-without-exchange/Thank you, Chase. Your inputs and reference materials are very helpful. Let's hope to hear from many more of you. That is how we can be more objective and creditable.
Bitcoin has been doing a tremendous job, for which we have a lot to be grateful. For DNotes to take full advantage of Bitcoins technology it is prudent for us to clearly understand the strengths and weaknesses of Bitcoin and the industry ecosystem. The most productive ways for DNotes to contribute to our industry is identify obstacles and weaknesses with earnest commitments and efforts to facilitate improvements. Your participation in pointing out rooms for improvements will be very helpful and greatly appreciated.