BBD Coin Equals (1) Btcmyk $2450 (Explained)

Welcome back to the channel. I hope you all are having a great day. Um, so this, uh, we want to talk about the Bitcoin NYK-backed dollar, its value being equal to a Bitcoin NYK token. So, um, these cryptocurrencies are two sides of the same coin, right? We tend to think of, um, the BitcoinNYK back dollar is the level of inflation that is allowed through the project, and the BitcoinNYK token as the native intrinsic value cryptocurrency that has its utility and function. And that's what we want to explain today. So to understand the BitcoinMYK project, what you have to understand about it is that it is a cryptocurrency project that is basically using this attention value advertising model. And we know a lot of people are kind of tired of the traditional advertising model, and they would prefer, uh, maybe some different approach to that. Uh, some people don't like to view ads and so on and so forth. But these models have worked, and from the beginning when we started this project, we wanted to deal with probability and not possibility, right? We wanted this to be a practical, functional project that's really going to serve people in some way. We didn't want to be these speculative head-in-the-clouds, moon over Pyrrhodore, moon to type projects, right? Um, and so it was very important that we design and structure this in a very makesense way. What we want to do today is explain the example of, uh, of how the value of the BitcoinMYK token works and why it doesn't work like other cryptocurrencies. So this, this screen may be a little bit fuzzy to you, and that is because it's fuzzy to us. We actually found this online as we were trying to find information on the advertising rates of certain media outlets like the New York Times, which is a well-branded, big media company as we well know. And interesting enough, the New York Times, a Sunday nationwide ad, and this is speaking about a full-page ad, is running around $245,000. I don't know if you can see that with clarity, but whoever uploaded this screen, the screen itself was uploaded with not much clarity. But it's running around at that rate, and I don't believe that's included a full-page color ad. I think it's a black and white ad. For a color page ad, my understanding is these things can get up to $1 million, right? But let's go with this number. So on average, you're looking at about around $2,000 per inch of front page advertising space, right? To be able to promote and advertise something, right? To understand the function of Bitcoin on YK Token. When you hold a Bitcoin on YK Token, it's going to give you that inch of front page ad space to promote whatever you wish, as long as this is not, uh, related to hate speech, it's not, uh, any type of pornography, gambling, anything that can give us issues with search engines and so on and so forth and things of that nature. But for traditional ads a BitcoinNYK token, whatever you want to promote, you're going to be able to do that with the BitcoinNYK token. Now, this is what I think needs to be understood in cryptocurrency, and this is what we need to be clear about. Um, in cryptocurrency, when investors come into projects that have no intrinsic value, they don't have any, uh, actual value besides hype, FOMO, speculation, they tend to use the markets as the barometers of the value of something. And I think that's a very grave mistake because the reason I'm saying it like that, we know of course, you know, the market is what we use to, for the market to determine value, but that is contingent upon if the product in question has a use to you, right? So obviously if a person is using the BitcoinNYK token to promote material and content, uh, businesses and so on and so forth, and, uh, they're able to make a sale of thousands of dollars, obviously the value of the BitcoinNYK token and being able to purchase that ad space is gonna be more valuable to those people than probably some speculator on the market. And of course now we're talking about utility and what can be done with the cryptocurrency. What is the value of that? Well, I believe that it is safe to say that the Bitcoin NYK project doesn't have the legacy and the history of the New York Times. It doesn't have the circulation and the people, but where it is different from the New York Times and what that limited space and time is going to give you value-wise for spending so much money on an ad, uh, what a cryptocurrency is going to give you is going to be so much more than that. In other words, if you have a Bitcoin MYK token and you hold it over so many years, it's a possibility it can triple in value, you can go up in value, and, and the nature of the Bitcoin MYK token is deflationary in itself. So the point I'm trying to make is, to the market and any aspect of the Bitcoin MYK token, there's going to be a value, uh, even outside of its promotional value, right? Utility. That on the market with its deflationary quality and what could be sound money, there's gonna be this value. And I find that all very interesting. I think it's quite interesting. So when we factor numbers like this, that's gonna put the value-wise to us what a Bitcoin NYK token to be worth about $2,000. Uh, a BBD cryptocurrency, uh, is going to run about $2,000 as well because a Bitcoin NYK-backed dollar is, uh, basically backed by a Bitcoin, meaning that if you have a Bitcoin NYK-backed dollar, you can always— you always have the right to convert it 1-to-1 ratio to a Bitcoin NYK token. Alright, so according to the BitcoinNYK.com network platform, that would put it around worth $2,400, right? Because what it will be getting you is about an inch of front page ad space comparable to the New York Times. Now the argument of course then becomes, well, this isn't, uh, as valuable as the New York Times, and that is very true. But in a cryptocurrency, unlike an ad, right, and what an ad can get you, In a cryptocurrency, there lies the possibility of appreciation, and there is no reason for us to believe that in looking at the circulation of the New York Times, and I had that available, I believe it was like 6.1 million people, you know, just viewing it, 6.1 million circulation, which isn't much. We're going to explain to you why the BitcoinNYK project, I believe, can comparably catch that easily and the reasons why. Okay, so I'm looking at a product like the New York Times, right? The New York Times is very specific to a, you know, type of media consumer, right? And so when it comes to online marketing advertising and so on and so forth, You look at something like Facebook ads, which is dealing with people who probably aren't necessarily New York Times readers, but they're all engaged in social media, and through their advertising network, they're gonna be able to have potentially a large circulation of people, as Facebook has about 2.5 billion users. So to kinda help you understand why We believe a product like BitcoinNYK.com can catch up to the New York Times, have a bigger circulation than the 6.1 million people the New York Times has, is simply because it is part of a social media network very similar to Facebook, much of the same features, but your advertising is gonna appear on a variety of, you know, of topics and subjects and so on and so forth, right? So, um, uh, so you're of course you're going to be able to interact with a variety of people, right? So what we want to do is, um, then use the BitcoinMYK token to be able to buy that promotional space. Now, uh And building up a very similar network structure-wise and approach-wise similar to Facebook, which we, you know, think is going to resonate with most people. Because when you look at a structure, um, or the marketing aspect of social media and you look at it through the lens of social media, you're generally thinking of something like Facebook or something like that, the 2.5 billion users. And so having this very similar structure and having the advertising combined in there linked to this cryptocurrency, we think makes a lot of sense because then what's happening here is it's more just to focus on what the cryptocurrency can do, and speculative nature of trying to determine what the value is becomes, um, a little bit more secondary as now you're just trying to use the cryptocurrency and you're earning it while it's on the site and you're earning this value in the cryptocurrency. Now you can use this value in order to promote your own material. You can use it to, uh, you know, to basically as value to be traded on third-party markets. On third-party markets run on their own accord, which means that people who gain the cryptocurrency, they're going to be selling them for different values, right? They're going to be different, you know, values that they're they're using in this cryptocurrency, uh, that they're seeing it as, you know, even though, uh, the only way you'll be able to place an ad with the site is if you're using the BitcoinMYK token. There's no other currency, so you have to actually change your, uh, your other dollars into, into this currency, right? Or you have to buy the promotional space and then we'll have to go under the market and purchase these cryptocurrencies outside the market, right? And in any event, you'll still be the equivalent value of around, uh, $2,000 to run a front page ad, right? This being calculated into where the platform is going, the amount is already calculated into the value of cryptocurrency. Here's the problem. If the BitcoinNYK token has the ability to do that, if this, the intrinsic value of the token lies in this, if the market prices the cryptocurrency underpriced, what happens if we become an overnight sensation and we're up to 6, 7 million users and now this very undervalued cryptocurrency Uh, there will have to be some market corrections and so on and so forth. But if a person already knows that it's likely it's going to achieve that value, they're going to hold the Bitcoin MYK token. They're going to buy up a lot very cheaply, right? And then that's going to be a problem later on when these people want to purchase the cryptocurrency. Then all the person has to do is hold the cryptocurrency, jack up the prices, and now they're paying a lot more for the advertising. This allows the system to acclimate into this steady flow of value. And, um, that way many people can get the cryptocurrency, uh, at a better chance than if somebody just tries to come in and buy them all right at these very low cheap prices and the fractions of pennies now. Um, but it's a very interesting model. Uh, again, the, uh The economic arguments as to what is the true value of the BitcoinMYK token is the same argument we have in cryptocurrency now when we see one cryptocurrency go up 50, 100 times. The reason that it's able to do that is because we don't know the value of these cryptocurrencies, and so they could go to anything. They could go to a million dollars for one. So if you have a more of a stringent model like this, a model that is, uh, more practical to the idea of, um, things in theory that have worked, um, you know, then in that event, uh, it becomes a lot more easier to gauge the value, you know, of these cryptocurrencies. And, um, you know, simply because of its practical— its, uh, utility, right? That, uh, if within some type of value system, product, service, business, you're rendering that value to say that this buys this value dollar amount of that, well, uh, comparably like what we've seen in many promotional advertising models Uh, then that makes sense to a great degree, right? Because that is the price that a Bitcoin NYK— that is the value what a Bitcoin NYK-backed dollar can do on this particular platform, right? Some people may agree or disagree with the, with the value and the price. They may do that, but here's what we actually keep in mind, and that is that when analysis is done on assets and a variety of things there is this future value that is projected into it, and these future values can be easily obtained in some cases. As to say, it is very easy for us to predict that within a year or two that the BitcoinNYK.com site could have 6 million users. Why? Because it also, besides it being this cryptocurrency and this value system, this payment system. It is also a universal basic income system which could grow a very large network of people, right, interchanging this currency. Um, that is very, very possible, and it is probably more probable than possible. Um, and, and, and in trying to help y'all understand that, it becomes easier to to substantiate these prices. Now, that's not saying, and I want to be clear about this, if I start a business and I sell, and BitcoinNYK.com is a decentralized cryptocurrency, once it's yours in your possession, it's on a blockchain, it is decentralized, the supply is fixed, Nobody can come in and print more coins. Nobody can move your coins on that blockchain but you unless you give them the password. So in that sense, it is very much decentralized, no question about it. And it's run on a very, uh, uh, network secure blockchain. So I don't think that there is any issues there, but when it comes to Let's just, for example, say you create an expensive car company and, um, it's like Porsche or it's like Lamborghini or it's like Ferrari, right? And you decide you want to sell your cars for $1 million each. And somebody comes in and purchases the car for one of your cars. Well, now you set the value of $1 million per car. How the market works is the market cannot then determine that the car is worth less than $1 million. They can say they're only willing to pay X amount of dollars, but, uh, if value-wise, construct-wise, that much value went into that car, or that it is calculated that in a few years that car could be worth millions of dollars, then all of that's going to be calculated into the price of that car, right? And I think that's what we're saying about the BitcoinMYK token, that the probability that it's gonna be a high valuable token based on its structure is similar to Facebook, which is a trillion dollar company. It's a cryptocurrency, it's a centralized cryptocurrency. It has a very user-friendly interface. It's gonna draw millions of people more likely with universal basic income. This adds to value. And so that makes it more likely that we're gonna see a comparable promotional advertising system model to what you're gonna get with like the New York Times who do sell their promotional materials for amounts like that. So this is how we're deriving this. You know, we're welcome to questions and arguments about whether it's that value, whether it's not, whether people wanna pay for that or not. And those can all be valid. Conversations. But I think the one most important part of all this that we need to keep in mind, because once this gets on a third-party exchange, we're just saying on the BitcoinNYK, uh, BitcoinNYK.com network, this is the value and how it's going to work. And as the network grows, this is what the cryptocurrencies are going to be exchangeable for, right? Tradeable for on our platform for services and products and so on. But when we get to what happens on a third-party exchange, as we described the decentralization aspect of this, people are going to be able to sell their cryptocurrency whatever they want. So we can say the BitcoinNYK.com token, the BitcoinNYK token is worth $2,400 and that it buys you so much front page ad space and that's why it's that much. And we can say those things But the reality of the situation is that people have the right to sell the cryptocurrency for whatever they see fit on a third-party exchange. And however they came across it, whether it was by hook or crook, or they got lucky, or they were just smart investors, that's going to be their right. And they're going to set that price and that rate in the speculative market. But we have to keep in mind that the market in itself, the auction market that it is, doesn't necessarily determine the actual value and what the product could do. That would be like me saying that you've bought a business, and in this business are 5 tons of gold, and you got the business half price, but you can sell the gold, and the gold is worth way more than the business. But whoever sold it to you sold you the gold in the business for X amount of dollars, a great deal cheaper than what you can get, uh, for it, right, on the market for it, and so on and so forth. That is what occurs in an auction market. People buy discounts and people buy at premiums. They pay too little or they pay too much, but that doesn't mean that the actual intrinsic value the book value of the asset is any more, any less. And that's what we're trying to dispel, the misunderstanding of the value and how markets work. People will look at one exchange, and this is what they do commonly in the BitcoinNYK project, they look at one exchange and whatever that exchange is quoting, they say, oh, and thus that's the value of the But how can you do that when there could be an exchange that's quoted a great deal higher than that, right? There could be several exchanges that the cryptocurrency trades on, right? And so, uh, it's really about what you can get for it, but it's also about intrinsic value and what is the value of the cryptocurrency. What can you do with it? What can you use it for? Can you use it for something valuable? And if you could promote on a space with it, and that space is potentially going to have a lot of circulation, or does, or going to have it in the future, and you have the cryptocurrencies now at maybe a lower price than that, then now what you're setting up is you're setting, you're setting it up to, in a very practical sense, be this valuable investment opportunity that you can use, that maybe you could promote your business with the cryptocurrency. And you could do $10,000 in sales that day based on that ad. That can happen, right? There's nothing in the universe that says it can't. And so this is how we derive these figures, and we think that they make practical sense. Uh, now of course that doesn't mean to us that this— because on the network that the, uh, that the ideal value of a BitcoinNYK token is worth $2,400. Doesn't mean that, uh, you know, you're going to get $2,400 worth of products and services for it at this point in time. But what can it— what, but what it can actually mean in a very, very practical sense, more so than many other cryptocurrencies that are for the most part gambling cryptocurrencies and quite speculative, what What it could mean is that you could see that potentially one day. But that's all I want to say in the video. If you like content like this, don't forget like, subscribe. Don't forget to join our website here. You're going to get free BitcoinMYK tokens that could be worth $24.50 each. I don't know, they could be, uh, they are according to the model, right? But that's all I want to say in this video. If you like content like this, don't forget like, subscribe. And take care of yourselves and each other.