Notes

Investing in Bitcoin: Is it a Good Idea?.
btc

Blockchain revolutionized the financial world.
In the past, there was talk about digital money. Proof of concept was validated by Bitcoin.
Money was only part of the equation. Cryptocurrency has played a vital role in the creation of a multi-trillion dollar market filled with innovation and creativity.
In this report, we aim to figure out if Bitcoin is still a good investment.
Overall score for Cryptonomix is 97 / 100
Result report:
The functional product 31 / 33 was a success
33 / 33 community
Great leadership 33 out of 33
Item of Work
The sole purpose of Bitcoin is to facilitate the transfer of value. It is to be money. Money satisfies all three functions of money very well.
An accumulator of value
The medium of exchange
Amount of account
It's a powerful store of value. The number of Bitcoins that can exist is limited. No more than 21 million will live there at any given time.
People lose their passwords, and send to non-existent addresses, which drops the supply.
As of December 31, just under 4 million Bitcoins were gone for good.
Bitcoin is a powerful form of exchange. Bitcoin wallets can be easily created and used.
It is especially difficult to compare to traditional banks.
Earlier this year, El Salvador announced Bitcoin will be accepted as legal tender by early 2021 In less than six months, 21 million citizens were actively using Bitcoin wallets. In stark contrast, 18 million Americans have bank accounts.
In addition to being a unit of account, Bitcoin has also proven to be successful. A product or service that can be evaluated based on its value.
Bitcoins are divisible to eight decimal places. Even if it were more, the developers could make that happen easily.
At the moment, Bitcoin struggles to function as a stable unit of account. Eventually, likely within the next year.
It is difficult to compare bitcoins with US dollars or Euros due to their volatility.
The best example would be a Bitcoin user purchasing pizza. Ten thousand Bitcoins were spent on it. That same sum of Bitcoin is worth millions today.
It is only through broad adoption that this problem can be resolved. Using Bitcoin natively would stabilize the price.
The price is too volatile, however, to be used as a unit of account at the moment. So there will be money.
With increased adoption, merchants will first measure using dollars (or their preferred fiat) and then bitcoin.
A scaleable and decentralized architecture
Bitcoin's inability to scale effectively is also a problem. Thus, transactions are limited to a certain number.
Each month, Bitcoin is limited to roughly 10 million transactions.
There are a number of proposed solutions. Often, they are centralized, however. A departure from Bitcoin's decentralization philosophy.
In order for the technology to scale and yet remain decentralized, it has to stop being centralized.
There are two possible scenarios from here.

On top of Bitcoin, developers develop infrastructure to enable scalable decentralization.
The use of Bitcoin is rendered obsolete by a technological advance made by a competitor.
As the Bitcoin ecosystem expands, the first scenario becomes increasingly likely. Lightning Network comes to mind.
A second scenario is less likely, but still possible. A decade after its inception, Bitcoin has become a worldwide phenomenon. We can learn a lot from the fact that no competitor has yet dethroned Bitcoin.
A better Bitcoin could potentially bring billions of dollars to those who create it. However, no one has made it despite the powerful financial incentive.
Therefore, it is not possible technologically. Innovation, however, has a funny way of surprising everyone. I don't think we should eliminate this possibility.
It is possible for Bitcoin to replace the current monetary system, either way. Banking professionals are also in agreement.
An effective product is Bitcoin. It can be scalable in time, but is not scalable now.
Work product score: 31/33
Activate the community
Cryptocurrency industry has the 1st movers advantage thanks to Bitcoin. Due to this, it has the largest market capitalization, greatest adoption, and greatest public recognition.
All cryptocurrency communities are dwarfed by Bitcoin's community. It has so many subcommunities that each has its own culture. Languages, cultures and countries differ among them.
In essence, this is Bitcoin's philosophy. No single authority has authority over everything. Mongolia's rural plains to Latin America's elected officials. Bitcoin is trusted by millions.
Bitcoin's community will expand as cryptocurrencies continue to be adopted.
As a result of Bitcoin's popularity, it is likely that it will continue to grow for a while
The score of this community is 33 / 33
A good leader
Decentralization is Bitcoin's goal. A single person alone would undermine everything.
A leader would be Satoshi Nakamoto, if there were one. In the current situation, everyone is unaware of their identity. They haven't accessed their Bitcoin wallet for years. Likewise, they will probably never be recognized as a public figure.
He executed everything perfectly.
It is best for Bitcoin to be anonymous. Community members lead themselves.
In the end, Bitcoin does not require anyone to speak on its behalf. It speaks for itself.
In the absence of leadership, almost every project would fail. But that's precisely what makes Bitcoin special.
Summary: Bitcoin doesn't have a leader.
Having good leadership scores: 33/33

In conclusion
The Bitcoin market is the leader. By any metric you measure, it thrives. It cannot be stopped.
It has these advantages, making it an ideal investment for just about any portfolio.
Score for the Crystallomix system: 97/100

Website: https://btcminerfarm.com/