Introducing United Coin Naka
From the pseudonym Satoshi Nakamoto
UnitedCoin Nakamoto: The Original Medium.
Bitcoin and other investment tokens including commodities have a shortage of utility. Function is a fundamental requirement for the modern investor. Enter UnitedCoin: A functional token. Introducing UCN Naka, equivalent to 0.0001 BTC or 10,000th of a coin. 1 nBTC, a new unit of BTC is equivalent to 10 mBTC and 10,000 uBTC and 1,000,000 Satoshi.
To circumvent inflation, every UnitedCoin purchased, whether Sterling or Crude and even Naka is invested in the corresponding commodity.
Not all cryptocurrencies are built the same. Traditional coins are mined. This means blocks containing code known as ledgers are tabulated and duplicated by all cpu's connected to the chain. This is essentially a means to secure the data from fraudulent manipulation. This process requires massive amounts of bandwidth, memory, processing and power. But the price of crypto is determined by the crypto exchange. This makes it volatile and subject to fluctuation.
UnitedCoin is not mined and it's price is not speculative. It is minted and burnt with each corresponding transaction. Each United Coin is backed by real world assets and commodities held in a vault. This is how your wealth is protected from inflation. Unlike the fiat money you received for your hard work. Take your money out of the banks and into a vault. Read more: UnitedVault.cc