Cryptocurrenices, what's that ?

Wow, where to begin ? In 2006, that's when this all started for me. Cryptocurrencies wasn't even a word back then. I was actually given an account, which my sponsor Dave ran for 1 year, before telling me about point share.com. Even though point share wasn't really anything you could actually explain back then, Henry James Banayat had a dream, a vision, if my memory serves me correctly, a online payment system of some sort !!

I was one of those guys that came from HYIP land ( High yield investment programs ) what a name, they're nothing more then Ponzi's scams, made some money, and I lost some money, end of story.

Over the years, point share went away, never to be seen again, didn't know why, other then it went away. Then one day my sponsor Dave called me up and said, guess what ? Point share is back, I said oh yeah ? So, once again I had to sign up, fill out some more paper work, and get verified, seems to be the norm around here. LOL !!

Some more years passed by, and I didn't really pay to much attention to point share extreme, yeah, another new name change, other then filling out more paper work here and there. I'm sure many members were working their accounts at that time, but I just kept busy with other projects, that were on my mind.

Lets fast forward to Sept 2014, that's when Henry James Banayat opened what we call today, the Portal. What's the portal you ask ? The portal is a website where we can store our VPC cards ( Virtual prepaid cards ) buy bitcoin and earn.

How do we earn commissions on the portal, or earnings ?

Over the years, founding members were able to accumulate compuceeds from different activites, and in turn, we were able to buy virtual prepaid cards. Diamond, ruby, gold and silver, all priced differently. If the company bought the card off of your inventory, lets say diamond, which cost 500 euro retail, and 300 euro whole sale, the member would get 100 dollars euro earnings, and the company would make 100 euro earnings also for selling it. Set algorithms would stop by the accounts with the least amount of earnings, and pay you commissions, or earnings.

If you wanted to make the whole 200 earnings, then you could take that code which is generated from purchasing the card, ( diamond in this case ) but this time, you keep that code, you don't redeem it, and sell that code to any potential customer, friend or family member.

Benefits of being a Compumatrix member. Have access to the forum, ability to write blogs, able to run a program called WCG ( World community grid ) it's run by IBM, and they use your computer CPU power to do research. We don't earn anything from WCG itself, but Compumatrix pays us to run this software. You can earn up to 5,000 euros a month, that's more then most people earn going to a physical job !!

As time went on, now talking 2016, we were still unable to cash out our earnings, even with all the efforts by Henry James and the BOD.

Compumatrix, was at a cross road as what direction it would take, in order for the Compumatrix business model to move forward. We were a Virtual currency business stuck in the mud spinning our wheels, and not going anywhere, know one was accepting our compuceeds as a form of value, that was the problem, the members didn't care about this, they only wanted their earnings, they didn't care where it came from, who it came from, they just wanted to get paid.

After our new Portal was opened, Henry introduced open ledger a decentralized trading platform to the members, it's now called open ledger / 2.0 bts platform, the DEX, decentralized x- change. This was a whole new ball of wax for everyone at Compumatrix, I know it was for me.I had never traded before, and most of our founding members were in the same boat. But if we wanted to get our Compuceeds recognized and out there for the rest of the world to see, this was a good place to start. Actually, there's quite a few cryptocurrencies on that platform, so there's many markets to choose from.

Even though Compuceeds or cryptoceeds isn't recognized like bitcoin, give it time, we're relativity new to the decentralized arena.

I'm not sure how many people realize that there's a war on cash right now ? India just removed their 2 highest notes, Venezuela just got rid of their 100 dollar Bolivar. Mexico is protesting about the high gas prices, as their currency has been devalued day by day. China has had their currency devalued about 6 times in 2016. So, what do these countries have in common ? Enter bitcoin, many of these countries are using bitcoin to hedge their losses from their devaluing currencies.

As you can see, more and more people from around the world, are using bitcoin. The good thing about it is, it's decentralized , which means no Government owns it, there's no borders, and it can't be hacked. A blockchain : originally block chain is a distributed database that maintains a continuously-growing list of ordered records called blocks. Each block contains a time stamp and a link to a previous block. By design blockchains are inherently resistant to modification of the data — once recorded, the data in a block cannot be altered retroactively. Blockchains are "an open, distributed ledger that can record transactions between two parties efficiently and in a verifiable and permanent way. The ledger itself can also be programmed to trigger transactions automatically. It would be very difficult to shut down the blockchain, because there's no one website to shut down, you would have to shut the internet off completely.

I'm sure everyone that owned bitcoin, took note of the price correction / consolidation on Jan 5 2017 ? It dropped about 300.00 dollars within 48 hrs. There was many articles and explanations put out, as to why this happened, and the obvious was never mentioned in any of those articles. Lets call it the ( Elephant in the room ) What do all of our ex changers have in common ? You guessed it, they're all centralized ex changers, and to me, that's a problem, I'm not sure what can be done about it, but whenever you cross that bridge from a decentralized ecosystem, into the centralized system, you're at their mercy, ( KYC ) ( AML ) large fees and so on. So, try and stay within the decentralized ecosystem, do peer to peer transactions, peer to merchant transactions, there's over 500,000 merchants world wide accepting bitcoin now, utilize them, that's the beauty of the decentralized system.

Right now as I write this article, Henry Banayat is getting the icing ready for the cake ( Compumatrix )so the whole business model will be compatible with the decentralized ecosystem. I'm sure everyone has heard this saying before " Right place at the right time " ? Well, that's me, I seem to be in the right place, at a time, just like many others here at Compumatrix, and I'm sure there's many that don't even realize this ?

So, if you're interested in becoming an Entrepreneur, and want to find real financial freedom, come and check out Compumatrix network International ( CNI ) as long as you have a computer, an internet connection, the world is your workplace, that's the part I love, I can be anywhere in the world, Bali Indonesia, Bahamas, Mexico. Compumatrix is an international business, we have members from all corners of the globe, as long as you're 18 or older, this business can be for you. All members are entitled to join a forum, keep updated of the latest news, make comments, and of course earn compuceeds, write blogs, earn some more, run ( WCG ) world community grid, which is run by IBM, it uses your CPU power for research, and you can earn up to 5 thousands euros a month. World community grid doesn't pay members to run the software, Compumatrix does, and then of course, you can use your compuceeds earned, to buy inventory, such as virtual prepaid cards, and bitcoin. once settled in to your business, you might want to check out the openledger / bts 2.0 trading platform, where you can trade away your compuceeds, cryptoceeds, and any other cryptocurrencies accumulated over time !!

I welcome everyone to drop by face book, we have a public group over there called ( Global Virtual Currency Club ) you're all welcome, see you there..................................................Cheers Dan !!

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