May I borrow your car?

What a strange question you say. Why would I lend my car to you? Do you even have a driver’s license? What if you crash it?

OK, I say, but can I borrow your cryptocurrencies? If I am not allowed to borrow your car, I will have to get a car in another way. You get a reasonable interest rate. I may have to obtain a driver too.

Of course, I assume you have cryptocurrency.

This strange reasoning could lead to several things.

1- I borrow cryptocurrency.

2- The lender receives high interest rates.

3- Car salesman makes a profit.

4- A driver gets a job.

5- I tell others how I managed to get a car.

6- Others do the same thing and so on.

How can I pay high interest you ask?

Well, I am a member of a company called Compumatrix.

I can use their platform to build my assets in cryptocurrency. The more I work, the more I earn, and everyone who wants to can do the same as me.

But, you say, what does the bank say if you buy a car with cryptocurrency? Won’t they seize the car, and you stand there with your washed neck?

No – you say – the bank has nothing to do with the deal because the car salesman is one of the wise companies that accept payment in cryptocurrency.

All transactions take place openly on a blockchain, and no “fiat” currency is involved. No third party can prevent the transaction.

We know that this change in the economy market is coming and it is important to be prepared. The banks are already getting rid of staff, leaving their large bank premises.

It may take a long time, or it may go faster than we think.

Many banks advertise their services online, and rumor has it that some banks are trying to create their own cryptocurrency.

Are there any disadvantages to all buying and selling activities being done peer to peer via a blockchain? Many older people do not have access to computers, and many people find it difficult to acquire new technology. How can we help them in a cash-free economy?

I hope there will be credit/debit cards where you can deposit cryptocurrency on their behalf. I intend to visit many nursing homes when it becomes possible again. Then I can educate both the staff and the residents about the possibility of such cards.

Many people do not believe that Compumatrix will succeed with so many different laws and regulations in different countries. But Compumatrix and its founders have shown the ability to adapt to necessary changes and are today stronger than ever.

We are many who are grateful for a man with a dream (Henry James), for our CEO David, for our COO Erline and our VP Gail! Thank you for all the help to us members and blogs that make us understand what it is we have!


So, may I borrow your car? 😊

About the author

Inga is the Compumatrix Regional Representative for Europe. She speaks several languages and is able to correspond very well with her members.
She faces challenges with a positive and constructive attitude.

Comments

  1. I enjoyed reading this blog, Inga. Fascinating perspective, I must say! This is certainly one way to approach chatting with a newbie about joining Compumatrix! You outline the gist of the business very well without going into laborious detail. Kudos to you!!

    1. Thank you sophye, it was fun writing it and thinking about how a person would react to such a question. I sincerely hope that we will soon be able to meet people eye to eye again. Then it will be possible to approach people and make some WOW-marketing πŸ™‚

  2. great read Inga — and like very much how you simplify the basis of compumatrix biz — it is not an un-understandable item in the way you write it out — even for a blokhead like me –lol — I will read this many times over but do appreciate very much the blog and its basis —

    1. Thank you rjh59, you are very kind and you are not a blockhead…lol. I am sure you have good knowledge about the Compumatrix biz. There are many educational blogs written to help us understand it better.

  3. Inga, Great post. you have given a very good example of theΒ  compumatrix business ,anyone can easily figure out how to get involved with cryptocurrencies and compumatrix business and how to move forward.

  4. Thank you Zahra, I am glad if my simple blog can help just one person understand how to get involved and move forward with Compumatrix!

  5. Great way to look at how the crypto world can operate. What I like about it is getting the bank out of the transaction. They have been taking advantage of people for too long. The world is starting to wake to the fact that there is another way to do business. A Peer to peer transaction is the way to do just that. Wouldn’t it be nice to put the profit in your pocket, instead of the banks? The more these transactions take place the more people are open to new ways to do business.

    1. Yes Ronald, it will be nice to get a profit and even more nice to be able to help people get involved in Compumatrix and start their own business. Until now we have been bound to let the banks do the transactions to get our salary or pension but from now on we will be able to take control of our assets ourselves.

  6. Yes Inga. Crypto and the blockchain are changing the way we are seeing the whole financial world now. I learned that there has now been tests done with early voting for our upcoming election in the USA and they have been using a blockchain to do it. Amazing. Having an open ledger is the only way to go to keep it all from fraud, just like Bitcoin.

    1. Jeffrey, I don’t know if an open ledger will prevent fraudulent actions but I agree with you on your statement about blockchain changing how we look at the financial world. I do hope that we don’t have to experience any hacking of our assets and if it happens that the crooks will be revealed instantly.

    2. Jeff, interesting you mentioned tests are being done with early voting. Considering the vast innovations coming in technology every day, how can it be possible we have a system made easy to commit fraud, not even asking for a voter ID? So, is that being done on purpose? Particularly in this election millions of ballots will be sent by mail, the stakes are high and the only way they can come up is with a ballot that can’t be verified if it went to the right person or address. How the blockchain falls into being used to cast your vote?

      1. Hello Aida, since I have very little knowledge about the US-election and voting, I will not respond to your comment about that. However, when it comes to our behavior and transactions on the blockchain where we handle our Compumatrix assets and businesses, it is up to each and every one of us to be responsible and pay respect to integrity.

  7. Well now Inga , I truly enjoyed your blog. it is and interesting way to explain the crypto currency world and blockchain. . I had to read it twice . It’s a changing world that is happening right in front of us. People that don’t pay attention , will be very surprised when all is , Glad I belong to Compumatrix .. at least I won’t be surprised. I will be in the middle of the change.

    1. You are welcome Lorna, and if I managed to explain it to help at least one person understand what the cryptocurrency and blockchain is about I will be happy.

  8. Well done Inga, I as well am glad to belong to Compumatrix . I’ve been involved with Compumatrix from the start .. Many changes over all those years and am looking forward to the future. Now about that picture of that car … NOT sure I would lend that car out to anyone .. LOL .. what a beauty ..

    1. Thank you Avery, we are so lucky to be able to use the Compumatrix platform to build our businesses. You and I both, along with many others, are looking forward to the future. If that car is yours – keep it…lol. I’ll borrow your cryptocurrency and buy one myself.. πŸ™‚

  9. Yes Inga, you may certainly borrow my car πŸ™‚ Well written post and very easy to understand. I so admire Henry to be able to deal with all the laws and regulations in many countries in order to bring Compumatrix to those places That is Huge!!! After accomplishing that, I know he has ‘nerves of steel’. Peer to peer is going to change the whole financial industry and fingers crossed honesty and integrity prevails.-

  10. Wow Janis, how very kind of you! πŸ™‚ Yes, Henry and his developers are geniuses! I agree with you, peer to peer is going to change the whole financial industry and we all have to act honestly and respect integrity.

  11. Well done Inga. Good concept too. Just this week I was talking to an estate agent. We were talking about how house sales were selling after Covid 19. She said that they were surprisingly doing very well. I thought I would fish and ask if they would take Bitcoin peer to peer for the sale of a house. Unfortunately, they still believe fiat is real value. We will talk again in the future when I will show them how they missed the best opportunity ever.

    1. Yes, Hendrik, I know quite a few who also think “fiat” is the real money. πŸ™‚ You are a very good spokesman and I am sure you will get many new members interested in Compumatrix and it’s possibilities. Everyone who did not join at the beginning can start working and building their business when they join.

  12. Nice read Inga, and a great reminder that we will be able to purchase automobiles with cryptocurrency in the near future. That is one thing I am looking forward to, with how expensive autos are now, it would be a great way to use our Compumatrix crypto peer to peer.

    1. Thank you Bruce May! Yes, it will be good to use cryptocurrency and peer-to-peer transactions for our daily needs as well as for more costly items. But I deem the best part of the Compumatrix platform to be what we can provide to many around the globe who are in severe need of help.

  13. Great post. Nothing better than a peer to peer transaction. And crypto is taking over that market. We will soon see one of the easiest ways on the planet to get into the crypto realm with the CDAP Portal. Buying cars, boats and airplanes with crypto is going to be the best thing that happens to money. Real estate being another. Becoming mainstream very shortly. Matter of fact I ask first if the business accepts crypto. If so, AWESOME. Many already do, but don’t make it public. πŸ™‚ If not I ask why not as a perfect opportunity to share the good news with them.

    1. Thank you, Albert John Willms! Your approach of salesmen is a great way of getting more firms to accept cryptocurrency as a payment option. And our Compumatrix company will grow bigger and stronger if those salesmen tell their customers that there is a better payment option than cash.

  14. Excellent blog, Inga! I really enjoyed the flow of this one, as it clearly demonstrates the true intentions of the blockchain-based economy! When reading this one, I got a really simple, yet exciting view of how this is already changing the world, and how many businesses are wising up and joining the cryptocurrency revolution. Great job πŸ™‚

    1. Thank you, Zora, and yes I had fun writing this blog thinking about all the items I could have used instead of a car. I agree that the change has started already and hopefully, it won’t take long before we can use our cryptocurrency for all items we need.

  15. Inga, you are most definitely on top of all the coming changes with a great understanding of how it all will work. You make it seem so very simple as it probably will be once the engine starts. I read an article very recently that says that as of November 5, 2020, banks will be allowed to accept cryptocurrencies as another form of currency (or something to that effect). The author of the article said that we should buy Bitcoin or some form of cryptocurrency before November 5th because cash will no longer hold its value with this change. The statement made is that going forward “Cash Is Trash”. I am sorry that I cannot be more specific, as I read this fairly quickly with the intention of returning to study this coming event with a lot more focus. The point is that I believe we at Compumatrix already have a leg up on what needs to be done to protect our money.

    1. Yes, William Farris, you will not have to worry about the protection of our Compumatrix assets! Thank’s to a man with a dream and the developers he has engaged to the company along with a very experienced CEO we will probably have one of the best platforms in our new revised CDAP that is said to have very good security, and we can manage our businesses from there.

  16. Great way to explain this to a newbie Inga, but I will wait until the CDAP is open. It would do no good doing this before, have done this with the result that almost all those new members are gone again. Personally, I am more open to a Peer to peer transactions instead of using any bank. This would be a better way to introduce the cryptos more widely. BTW, no way I would lend that car to anyone.

    1. Thank you, Gitta. I wrote this blog just as an example of how many side effects a single question could provide. It is a given that you can meet eye-to-eye to perform that show…
      πŸ™‚ Gitta, I would probably never buy such a car, too fancy for me.

  17. A good analogy that makes sense. So many in our group get the fact that you have to work for a better return on invested dollars and you can’t just hope you are making money. The VP card system is a great way to invest a few bucks with a very good return if you roll them over for a few weeks in the early stages of buying and selling.
    Once we get the program moving it’s all up to the marketing program to get the ball rolling and increase sales. The rest is up to us. For now we just need to see how it all unwinds. Good job Inga.

    1. Thank you, JoeMspeeder2! We are all eagerly awaiting the new revised CDAP. As it is said to have all the bells and whistles there may more than one function to help building our businesses. As you say – the rest is up to us.

  18. Thank you for your blog post Inga. The perspective of being able to buy some fancy things when Compumatrix opens the door is very appealing and a prosperous future is waiting for the members of this company. But when I am in a position that I can buy a car like in the photo, I guess I will never lend it to a stranger.

    1. You won’t lend it to a stranger – and I would never buy such a car. πŸ˜‰ I agree that we are awaiting a very prosperous future with the Compumatrix platform. The best is that we can both earn and help other people get involved and start their own business!

  19. Spot on Inga!
    I love how you simplify a complex business in a few steps to make it very easy to understand πŸ˜ƒ
    The different laws and regulations from country to country have always puzzled me. It sure would be great if more companies accept peer to peer payment and cryptocurrency as a method.
    You can borrow my car anytime you want to!

    1. Hi Bjorn. Thank you for your kind words. Yes, the different laws and regulations in all countries around our globe have caused many changes in the Compumatrix company, but better wait for a good solution than have to start all over again.
      Thank you for your offer Bjorn, but I already have the smallest car in the world πŸ˜‰

  20. You have done a great job with this post Inga. It helps us to under stand a lot better Compumatrix is our business and when time comes i will buy me a car and i will buy one for so you don’t have to borrow mine. I will read this blog a lot more times.

    1. Thank you, Mary Heatley, for your kind words! I am glad if I managed to help just one single person understand our business better. I am sure you will grasp the Compumatrix possibility pretty good, and be ready when it launches.

  21. Awesome blog Inga, recently, I struck a similar conversation, the little stories win the heart, it changes the perspective of many to start learning this new world.

    1. Thank you, Vincent! You have quite an area to cover and by being the person you are, you will most certainly get many new Compumatrix members engaged and starting their own businesses.

  22. That was a great article, Inga. You explain the Compumatrix business in a way that is very simple and understandable. Thank you for helping me to at last find a way to talk to my family in a way that I know that they will finally understand it. By the way, I have already lined up with my auto dealer to buy a car when we’re ready.

    1. Thank you, Maxine. I am glad if you can use my simple example to get your family to understand the Compumatrix business. Fantastic – I guess your car dealer is one of the wise who takes cryptocurrency as a payment option?

  23. Eye catching topic Inga! It is a new world with all that is happening in the world today. We all are having to rethink our priorities and ways to just simply survive with COVID19 and world wide financial downfall. The future IS peer to peer and using cryptocurrencies for all of our basic needs, and even some extravagant ones!

    1. Thank’s Gloria Gilmore. Yes, Covid 19 made it a bit difficult to perform what I described in my simple blog, but we will have other options to engage new members and get them to start their own businesses.

  24. Inga, I love your approach to a subject which scares the heck out of many members. You showed an easy introduction with simple “pictures” on how to introduced the business side of our company. As the whole world moves toward the cryptocurrency way of paying for our ever needs, we will be ahead of the rest!

    1. Thank you Erline, you are very kind. I am so grateful to Compumatrix for providing us with such a great platform where we can earn for ourselves, get our daily needs, and provide for people who are in severe need of help.

  25. I find your method of sharing a great analogy an inventive way of sharing the story of Compumatrix. Love the idea of getting cards for the residents of the retirement and nursing homes. The card idea is an ingenious concept. The ability to purchase an automobile without the intervention of a bank or any lender is so freeing. We will no longer be indentured to them. Hallelujah!

    1. Thank you, Carmen. We are fortunate to have the Compumatrix platform with all the possibilities and I do hope we will have cards that we can load with cryptocurrency. I am not sure about the cards, but if I’m wrong – somebody from the management will come in and correct me.

  26. What a great way to explain compumatrix I like your outline and all the info about our business with all the questions it will create and then explanations that will get them interested, that is being business creative in my book you can really get them involved and interested way to go great blog.

    1. Thank you, Timothy, and I have enjoyed reading your and other blogs too.
      We will have many options to be creative when Compumatrix launches, I am sure.

  27. Inga, I loved this article! I have already said this same thing about buying a car with Bitcoin to make a few people understand the importance of cryptocurrency and also the fact that using Bitcoin Peer-to-peer is not hard at all! As Albert already said in his comment up here, many already do that but don’t make it public.
    As to the cards… ”crypto-cards”?! Awesome idea, no doubt. Hope we can have these in our very near future!

    1. Thank you, Dora! I loved writing it and could think of other items to use too, instead of a car.
      Yes, cryptocurrency is the future and peer-to-peer transactions are made on the blockchain openly. No third party to control or prohibit your transaction. So when we are ready and can start using peer-to-peer we have to be responsible and pay respect to integrity.

  28. Thank you for a lovely blog Inga and I am thinking that as I am getting older, my question may be, “Can I borrow your mobility scooter?” ha ha.
    It is interesting how in a relatively short time, the blockchain, cryptocurrency, bitcoin, and compumatrix are words that are rolling off people’s tongues daily and seen as ‘normal’ language rather than “What the heck are you talking about?”
    Simple explanations and analogies always help someone to understand something they thought was beyond them.
    Thank you

  29. It’s amazing how many people still don’t have any concept of cryptocurrencies. I love that I’m WAY ahead of the curve. As members here we’ve been able to learn about this world in ‘small bites’ waiting for the big opening day. That’s been a good thing. Imagine having to learn all we know all at once. Great example of peer/peer transaction.

  30. I love the way you presented this it was very informative and I enjoyed it. So many have no idea what cryptocurrencies are are could care less to learn. We are so blessed to be here and will be able to help so many others.

  31. “Can I borrow your car” when I first saw the heading, I said to myself, what has this to do with Compumatrix’.May we are rounding the corner the same as ‘Compumatrix’ is at present. Although we don’t know what’s around the corner.May be a few rough spots in the road. .Maybe we express our disappointment in the condition of the road . That can be fixed. Compumatrix is at that point, ‘just around the corner’,

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