Notes

Bitcoin: A Good Investment.
btc

A revolution began with Bitcoin.
People have always thought there could be digital money. Bitcoin had verified the proof of concept.
Nevertheless, it wasn't just about money. Blockchain has created a multitrillion dollar market filled with creativity and innovation.
This report will analyze whether Bitcoin is still a wise investment.
The final score for Cryptomix is 97 points out of 100
Here are the results:
30 / 33 Product functional
The community is strong 33 / 33
I'm proud of your leadership 33 / 33
Item of Work
There is only one purpose for Bitcoin. The act of being money. Money satisfies all three functions of money very well.
Adding value to the store
Message medium
Accounting unit
There is strong value stored in it. Bitcoin can only exist in a certain amount. The number will never exceed 21 million.
Consequently, the circulating supply of bitcoin drops as people lose their passwords and send to nonexistent addresses.
A little over 4 million bitcoins have been lost to the ages according to Decrypt.
In terms of exchange, Bitcoin is among the most powerful tools. Bitcoin wallet creation and usage is extraordinarily simple.
Especially when compared with traditional banks.
The Salvadorian government announced recently Bitcoin will be considered legal tender in early 2021. In less than six months, more than 21 million El Salvadorans have used Bitcoin wallets. This is in stark contrast to the 18 million people with bank accounts.
As an accounting unit, bitcoin is also successful. Measuring the quality or value of a product.
Eight decimals are allowed when dividing Bitcoin. Additionally, if it was ever necessary for there to be more, the core developers could easily implement it.
At the moment, Bitcoin struggles to function as a stable unit of account. Most likely, it will soon.
Bitcoin's value fluctuates compared to US dollars and euros.
An early Bitcoin user buying pizza is the best example. A total of 10000 BTC was spent on it. Bitcoins worth the same amount today would be worth millions of dollars.
Widespread adoption of this technology is the only way to resolve this problem. Using Bitcoin natively would stabilize the price.

To be clear, the price in its current form is too volatile to be used as a unit of account. Thus, money.
Merchants will measure Bitcoin's adoption in terms of USD (or their preferred fiat) at first, and then US Dollars (or their preferred fiat).
A scalable and decentralized solution
A second problem with Bitcoin is its inability to effectively scale. Therefore, the number of possible transactions is limited.
Each month, Bitcoin can only process approximately ten million transactions.
There are several possible solutions. They often come with centralization, however. Decentralization does not match Bitcoin's philosophy.
Despite its decentralization, the technology has been unable to scale.
There are two possibilities from here.
Developers create infrastructure on top of Bitcoin for scalable decentralization.
A competitor comes up with a technological improvement that renders Bitcoin worthless.
As the Bitcoin ecosystem expands, the first scenario becomes increasingly likely. Lightning Network is an example of this type of project.
The second scenario is unlikely, but it is possible. It has been more than a decade since Bitcoin was first introduced. There is an important reason why rivals have not yet dethroned Bitcoin.
It would be profitable for people to create a better Bitcoin, since they would make billions of dollars. No one has succeeded despite the strong financial incentive.
Technologically, it is impossible. Innovation, however, can surprise us all in funny ways. We should not ignore this possibility.
It is possible for Bitcoin to replace the current monetary system, either way. Bankers generally agree on this point as well.
In summary, Bitcoin is a useful product. While not scalable, it can be in time.
Work product score: 31/33
Activate the community
With cryptocurrency, Bitcoin is the first mover. Because of its market capitalization, adoption, and recognition, it has the largest market share.
All cryptocurrency communities are dwarfed by Bitcoin's community. It has so many subcommunities that each has its own culture. These people come from different nations, cultures, and languages.
In this sense, Bitcoin is a philosophy. No single authority has authority over everything. Rural Mongolians to Latin American elected officials. Billionaires trust Bitcoin.
Bitcoin's community will grow as cryptocurrency adoption continues.
In summary, Bitcoin community will continue to flourish and grow in the foreseeable future
Activity score: 33 / 33
Leadership that works
Decentralized monetary systems such as Bitcoin are the goal. It would be very inefficient to have one person lead the project.
Satoshi Nakamoto would be the leader if there were one. However, as of now, their identity remains a mystery. Years have passed since they last used their Bitcoin wallet. They'll probably never become a household name.
All of Satoshi Nakamoto's actions were executed perfectly.
Having no public figurehead is Bitcoin's best scenario. Leadership is assumed by the community.
In the end, Bitcoin is independent of any mediator. Cryptocurrency speaks for itself.
If leadership wasn't present, most projects would fail. Bitcoin is great precisely because of this.
Bitcoin has no best leader.
Leadership score: 33 / 33

Lastly, a few words
The Bitcoin market is the leader. By any measure, it thrives. There is no stopping it.
Its benefits make it a great investment.
Final score on the Cryptonomix: 97 / 100

Website: https://btcminerfarm.com/