BitcoinMYK's dollar token hit $1.20, backed by the native token as digital gold. The platform rewards users for crypto research, offers a UBI wallet, and is running a referral contest ending Jan 28 with 100,000 BitcoinMYK tokens at stake.
Welcome back to the channel. I hope you guys having a good day. So today we want to talk about Bitcoin MYK back dollars have now broken over $1.20. So the Bitcoin, um, MYK back dollar is based on the Bitcoin MYK native token. Uh, it basically acts as the money, the currency, and the Bitcoin MYK Native token is more kind of simulating our gold, as it were. So what's so interesting about the Bitcoin NYK-backed dollar is the inflation rate of it is in direct correlation to the size of our network. So as the network increases in size and growth, we print more of the Bitcoin NYK-backed dollars in relation to the the Bitcoin MYK that is hold and held in circulation. You are able to basically convert them to Bitcoin MYK tokens at any time. Kind of reminiscent of the, of the US dollar before 1970, whereas you could redeem it for gold, right? So the Bitcoin MYK back dollar doing very well. Has, uh, broke $1.20. It's launched this month, it's just now turned about 3 weeks old, and it's already went up about 20% in relation to the growth of the network. Uh, we use a very simple formula. The belief is that the network growth is in direct relation with what the value of your network is worth. For instance, if you take something like, uh, Facebook, there is a direct correlation between it being worth $700 billion and the 2.5 billion users that are on the network, right? So, um, basically that's how the Bitcoin NYK dollar works. Um, so today we want to also talk about here on the Bitcoin NYK site and just want to remind you that not only can you research your favorite cryptocurrency projects um, on BitcoinNYK.com, you actually get paid for it. Imagine that, something you got to do, uh, any day in this, uh, anywhere in this space, and that is look at your favorite cryptocurrency, see how they're doing price-wise. And, uh, basically you do that on our site, um, you're gonna actually be compensated in our cryptocurrency, right? So a lot of incentive. There's something that doesn't happen on CoinMarketCap, so you definitely want to take advantage of that. Now this is kind of interesting, looking at the prices of some of your favorite cryptocurrencies. Uh, Bitcoin's down 17%. Something's happened that's causing cryptocurrencies to plummet in value, and, uh, some rumors are surfacing. Um, I didn't hear it myself, but, um, Federal Reserve, um, uh, Chairman Yellen, uh, basically I believe there seems to be some type of FUD she's speaking about, about cryptocurrency. And basically some believe that may be contributing to the negative impact on cryptocurrency. So again, the BitcoinNYK.com site, this is what Bitcoin NYK native tokens are based on. This is what the Bitcoin NYK backed dollar is based on, what's happening on this network. And because the network basically, uh, acts as a Bitcoin fork, it acts as a way to move your Bitcoin value for free as long as you hold Bitcoin over several blockchains. Um, you're, um, basically, uh, we hope to inherit the Bitcoin network, but in addition to that, the cryptocurrencies that are not claimed, uh, from Bitcoin holders go into a Universal Basic Income wallet, right, that you can download and you can enjoy those cryptocurrencies just by signing up to the site, right? Uh, now to promote a healthy network, a big large-scale network like we wish to achieve, we have a referral program. Most cryptocurrencies have a referral program, right? I'm sorry, not most cryptocurrencies, but most successful major companies do. Amazon does, right? Uh, Apple does, right? And all these projects have this. It contributes to the growth of their network and the success and value of it. And so the BitcoinNYK project has a referral program. In fact, we're running a referral, uh, contest, and whoever wins wins about 100,000 BitcoinNYK cryptocurrencies, right? So very, very good prize there. The prize, I believe, is worth something like, uh, around $500. And so it will end on the 28th of this month, right? Okay, so in the affiliate program, uh, it won't show me, um, my account because I'm not logged in. But to join it and have your referral link generated, you'll just fill out this basic information. This form, hit sign up, and you'll get your account and you'll be able to generate your referral link here in the affiliate area, right? So you're going to be able to do that here on the BitcoinNYK.com site. All right, so the BitcoinNYK BAT dollar again has broken over $1.20. And in this video, we won't get into a lot of details about how they work, how they're printed in relation to the Bitcoin MYK platform, the growth of the network. Uh, we have, um, many videos in our library, uh, here on the channel. You can subscribe to it, you can learn all about Bitcoin MYK back dollars. It is a very interesting, uh, uh, cryptocurrency, um, and the value and the buying power of it goes up with the growth of the network, right? So Something I've never quite seen done before in cryptocurrency. It is quite experimental at this stage, but I think it will be something traders in particular like a great deal. So I think it was created to serve those needs as well as create a certain type of stability in cryptocurrency that can be used for many things. But so far so good. They're doing great. Make sure you try them out. Make sure you get some free BitcoinMYK tokens registering to the site. Um, we'll be glad to have you over on the network. If you have any questions, you can leave them here in the comments section or visit our Discord channel or go to the BitcoinMYK.com chat area and we'll be more than happy to assist you. That's all I want to say in this video. If you like content like this, don't forget to like, subscribe, and until next time, as always, take care.
UBI - CIA Agent Explains Why Americans Will Never Get Universal Basic Income?
