If you have little bit of exposure or knowledge into btc , this article will open your eyes in many directions.
1. Both are Community Value Based program : The value of uᴉoɔʇᴉq is not backed by anything rather than the trust of people . This thought was applied to term btc a “ponzi” initially but the reality is ” btc is stronger than ever” . “Value ” arising from mass trust is standing strong against all odds and are preferred now against most “fiats” . Community is the source of this “value” and power, for both Mubity and btc.
2. Has no “stored/central deposit ” : uᴉoɔʇᴉq has no central authority/depository and with public ledger system anybody can be the “server” of btc and this makes technically impossible to hack or crack or shut down blockchain . Likewise , Mubity has no collective account to store and all its member are power units . This financial movement among mass(p2p) is analogue to the public ledger of blockchain.
3. More users , More Value : As opposed to “Pyramid or ponzi” the value is inflated by more use and this benefits everyone inside the circulation . In other words ” Publicly controlled Pyramid ” (thats not pyramid scheme at all by any given definition ) .
4. Technically just Numbers : Both uᴉoɔʇᴉq and Mubity website has no property owned , just arrangement of some digits and data. Still uᴉoɔʇᴉq is considered as digital asset (not a currency only ).
5. Predefined algorithm : Both btc and Mubity has a predefined , disclosed algorithm for operation and anyone is free to contribute, anywhere.
6. Mubity brings in new people to use uᴉoɔʇᴉq and uᴉoɔʇᴉq enables Mubity to expand its network worldwide without breaking any legal frame. Synergism at its best.
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