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The information supplied by Cryptonix is provided as a guide and support and should not be taken as financial advice. I’m providing the information etc so your able to understand easier allowing you to make accurate decisions.
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•We are currently in a transition to becoming a digital society - From research all developed countries deal with electronic funds for day to day expenditures Developing countries are all following the same path due to the increased efficiency in digital platforms whether it be for payments, storage, security just to name a few out of many uses.•Further to this statement, the bank notes we use everyday were initially printed on a paper with a unique blend of cotton and other materials. To reduce costs we have now moved to using plastic based paper for printing currency which leads us to assume it's loosing is physical value as it could eventually be replaced. Fiat currency otherwise known as our current system of Pounds, Dollars, Yen and so on are also digital currencies. These aren’t backed by anything other then promises made by the regulators. They also carry the authority to print as much as they wish into circulation•Not much will change with our way of lives with regards to payments, data storage since we already use these methods now•Bitcoin etc and our current monetary system are both digital, technically both 0 an 1s in our banks or when traded. What makes Bitcoin unique is the fact it has a limited supply and cannot be created out of thin air.•Bitcoin is decentralized. Our current system for fiat is a centralized system meaning our account balances, transaction records, data etc are all stored on a centralized system or database. With Bitcoin the accounts known as blocks are stored on the block chain network and are all connected over 1000s of computers world wide giving no single person or group control, equally distributing its processing and operating needs.•Miners on the Bitcoin network verify the transactions and assign them to a block after which they are permanently on the block chain as more blocks are placed behind making their funds secured permanently, giving the account holder complete control•Bitcoin cannot be shut down since their is no centralized facility, HQ, Office etc No one person owns it or controls it making it a valuable digital asset.•The research is really up to you and this where we come in. The news can be misleading to the general public who aren't aware of other potentials and so overall research is required before making any assumptions similar to anything else in life you invest your time in. •Most financial institutions as well as established companies have incorporated the block chain technology into some aspect of their business which is further validation and confirms much more is going on behind the scenes•Uncertainty is spread easily, however mostly due to the audience which isn’t educated well enough on the topic and simply spreading what was heard or through word of mouth. Without any knowledge when it comes to investing your good as gambling however with some time and effort you can be almost certain your investments will give a return•Cryptonix is here to help. Create awareness and assist you by providing you with the facts, key information as well as up to date current affairs on the market via our You Tube channel so you can decide for yourselves. •As we can see regardless of the investment opportunities crypto currencies are something we should all seriously consider using in our daily lives whether it be for payments transfers, purchases and much more due to the super benefits in terms of less fees, speed efficiency, security and overall control. •Bitcoin uses technology which when compared to the much more recently developed coins is slightly slower, more costly and uses more energy. Which is currently being worked on to improve. On this note it's worth realizing why some might portray Bitcoin in a which might come across as negative. without promoting the newer coins with potential. Only so much can mentioned on a news paper or media outlet. Bear in mind marketing space is becoming more competitive and so once again the research is up to us.•Our conclusion is that we are well and truly in the process of being a fully digitalized society and will happen whether we agree with it or not, however still in development stages.