In this video, the host provides a brief market snapshot noting that BitcoinMYK (referred to as BitcoinMYK) is up roughly 13% while Bitcoin enjoys a resurgence in dominance despite recent negative news around Tether and Binance. The host expresses skepticism about the drivers behind Bitcoin’s price rise, warning that the market may be speculative. He then shifts focus to explain the BitcoinMYK project: a Bitcoin‑only universal‑bridge token that is distributed for free as the network grows, uses the "Eldrick Equation" social‑media verification to prevent double‑spending, and channels unclaimed tokens into a universal basic income (UBI) model intended to create the most‑wallet‑rich cryptocurrency. The narrative frames BitcoinMYK as a solution to Bitcoin’s limited cross‑chain mobility and as a future tool for a world increasingly automated by AI, where traditional labor and government safety nets may be insufficient. The host urges viewers to spread awareness, highlights the project’s alignment with a philosophy that crypto should be distributed like free samples, and promotes a weekly lottery sponsored by Freedom Exchange, now offering a 1,000‑token jackpot and 100 Freedom Exchange tokens. The video ends with a call to like, subscribe, and visit the project website for support.
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Hey you, welcome back to the channel and I hope you all are having a great day today. Uh, want to talk about BitcoinMYK, give you a price update here. Uh, BitcoinMYK today is up 13%. Um, not doing too shabby there. Um, we know that, uh, recently here, um, We're getting a great deal of Bitcoin dominance. Many people are pulling money out of their altcoins and putting them in Bitcoin. Now, I don't know exactly what's causing this. I don't know what the, what the story is, is driving the price and the value of Bitcoin up so high. It would seem very counter to what we've gotten over the last week or so, which has been the Tether debacle and what we've gotten with the Binance hack. So fundamentally, the reasons for Bitcoin to be improving or going up in value don't seem to line up at all with the fundamentals in this particular case. So this is something maybe technical analysis can have some fun with, you know, although I'm quite skeptical of what's driving the price of Bitcoin high. And in those ways, I'm finding it a kind of a dangerous situation for me in association with Bitcoin. Now, with that said, the one good thing I think that might not be a mistake is moving money out of some of those altcoins. We know not all altcoins are created equal. And I think many altcoins have the same series of problems problems that I see somewhat in Bitcoin these days, and that is demand over speculation. And so with some altcoins, I don't see a great deal of demand factors, what would drive the price up. But if you're purely looking at this as a speculative market without the fundamentals, then anything could be, just like if you step into a gambling casino, anything could be driving that price up. Interesting enough, Bitcoin MYK, Many people still don't quite understand what BitcoinMYK is. You gotta understand we're a new project, but we're also a project that is very simple yet very complex. And I think the very complex part gets lost a great deal. A lot of people who hold Bitcoin, a lot of people who are putting their money into Bitcoin, and whether they're holding Bitcoin and holding an altcoin portfolio along with that Bitcoin, what many Bitcoin holders don't understand at this point in time is that if you're a Bitcoin holder, You do not purchase Bitcoin MYK. Bitcoin MYK comes to you to be held free as it builds the network, and the value of that network is going to allow Bitcoin holders to move that represented value across several blockchains as Bitcoin MYK is a universal bridge cryptocurrency, but only for Bitcoin holders, right? So it's very much tied to Bitcoin. So I think that's kind of reflective as well as the price of Bitcoin's going up is going to always pull Bitcoin MYK up with it theoretically. And it makes more sense because a Bitcoin holder, he doesn't buy Bitcoin MYK. His value comes from the network itself. And this allows him to move Bitcoin across networks in a way that we feel represents many solutions over cryptocurrency that's out right now. There's no deposits taken or anything like that. We have a protocol we use called the Eldrick Equation, which uses a type of social media verification process in order to where we stop double spending on this cryptocurrency. So this is a very ambitious project, it's a very cool and interesting project, and there are other little things that are associated with this project, but those are some of the main, uh, tenets of it. Uh, as well, the— when Bitcoin holders don't claim Bitcoin MYK, uh, what happens is that value goes back into circulation and it goes out to universal basic income, uh, and, uh, um, and creates this, um what we will believe or what will become the cryptocurrency with the most wallets. There is a— I've heard this kind of philosophy about cryptocurrency, if you will, from a person online who said that the problem with cryptocurrency is that cryptocurrency needs to first be initiated similar to when you get those samples in the mail. Like you might say, oh, here's some interesting shampoo or soap or t-shirt or product. And what'll happen is the company will send you samples of these products, uh, and when you get these products, uh, you can try them on. Now everybody has access to these products. Then they go, oh, okay, that's interesting, I like this product, let me go out and get more. And that's the idea of how some people feel cryptocurrency should work. Uh, BitcoinMYK, we kind of see that in a similar approach with the universal basic income, but as well as that, it's just a really great use case for cryptocurrency as We are advancing into a world, uh, with where automation and robots and AI will replace human labor and human workers in the near future. And many of us are going to be caught, uh, out there unprepared to deal with this. We believe, uh, in our, uh, view that governments won't be prepared to deal with this either, and that projects like BitcoinNYK will be a way to deal with AI automation in a variety of things. So if you're watching this video, Help get the word out about Bitcoin NYK. The, uh, you know, the, the, the more time, uh, that Bitcoin NYK isn't in public hands, uh, where they can obtain this, uh, for free and get value from the cryptocurrency, uh, uh, space, the, the, the more unprepared we're going to be marching into this other, this new world. Uh, that's going to be a problem to solve and deal with later. So, uh, we very much appreciate you guys, uh, try to help spread the message on BitcoinMYK. It is being well received by many people, uh, and we feel like the only thing that's holding it back right now is just not enough people know about it. But when they learn about it, we are very well convinced that they're going to love the project and want to be part of the project and really see the value in it the more they really understand what's going on, really understand supply and demand, and start to understand, uh, why some altcoins— and not condemning altcoins, coins, but many of them. But the reality is many of them are just repeating the same process of other coins. If you listen to people like Trace Mayer, he says that many of these cryptocurrencies are just redundancy. The only cryptocurrency that makes sense is Bitcoin for the most part. And that's why we're seeing everybody put their money, pull money out of these altcoins now and put it in Bitcoin, because they're waking up to the idea that they don't really need altcoins. They just need Bitcoin, right? They can pretty much integrate Bitcoin into every application that exists today. But the problem still is at this point in time that Bitcoin doesn't move well. It does act more like a store of value. So BitcoinNYK facilitates an option on how to move that across blockchains in a very identifiable way, interface, very easy interface that many people will be able to use quite easily. So, uh, price is looking good, guys. Uh, if you got BitcoinNYK, congratulations to you all today. Now, uh, real fast, this is very important. Many of you all who know about BitcoinNYK holder watch channel know that we do a lottery, a weekly lottery, uh, gives you a chance to win cash and prizes and a variety of things. It's absolutely free to you. Uh, now what's going on is within this, uh, lottery tonight, we have sponsorship from the Freedom Exchange. They're an exchange, a great exchange, great new exchange. We TradeOn, and they are donating 100 Freedom Exchange tokens to every lottery we do. Now we'll probably only be doing one mega lottery a week now on Friday. We were thinking about doing Monday and Friday, but I think we're just going to have a Friday jackpot. And, uh, so you're going to be able to win some great tokens tonight. We've moved it up. It was $500 on Monday. Now we're going to move it up to 1,000 BitcoinNYK tokens you can win, as well as there's the 100, uh, the donation of the 100 Freedom Exchange tokens, um, our sponsors, uh, that are going to be on the line as well for you guys to win. So you guys are potentially losing a lot of value. You need to get over here, get involved, um, get your free lottery tickets. You can get them every day here on the site. If you have any questions, comments, or concerns, do not hesitate to contact us. Go over to the website, there's live support over there. But that's all I want to say in this video, guys. Guys, if you like content like this, don't forget to like, subscribe, Don't forget to join BitcoinMYK.com, and until next time, take care.
