Bitcoin Cash - Soars! Breaks $700/ Memo.Cash

Welcome back to the channel. I hope you're having a great weekend. So today I want to talk about good news with Bitcoin Cash coin. It did touch over $700. It is going up like many of the cryptocurrencies are going up right now, but I think with Bitcoin Cash— and let's get you over there to take a look at the price here. Here on the BitcoinMYK.com website, BitcoinMYK is an SLP token that runs on the Bitcoin Cash blockchain as well. Very interesting project. See, you can keep up with your favorite cryptocurrencies. Um, so right now we're looking at Bitcoin Cash up 23.57% today. Looks like it's up a bit higher than most of the other top 10 cryptocurrencies. Had been kind of pushed out of top 10, um, against Stellar Lumens, um, but, uh, Bitcoin Cash rallied back and it is hard to keep Bitcoin Cash at the top 10. Now of course many of us, uh, some of us believe Bitcoin Cash is more akin or more close to the accurate version of what Bitcoin is supposed to be. I happen to fall in one of the camps where I believe Bitcoin Cash operates and acts more like, uh, the original idea of Bitcoin should be. But not only that, Bitcoin Cash is a very useful cryptocurrency that now has implemented— or what we're starting to see now is a lot more building of applications. Bitcoin Cash. And this makes Bitcoin Cash this double threat, this triple threat, from being able to build applications, from being a well-branded cryptocurrency, to being a useful digital currency that spreads economic prosperity. And so, very pro-Bitcoin Cash, and the price is going up. Of course, again, the effect right now in the cryptocurrency market is there is an overall effect of many cryptocurrencies going up, but I think Bitcoin Cash's rise is more relatable to the value of the coin itself and what the coin is able to do, right? So let's— speaking about some of the reasons we believe Bitcoin Cash is going up and why I believe it's probably going to be thousands of dollars here in the near future is because of some of the applications that's being built under. There are some applications on Bitcoin Cash right now I feel that are underrated. There are some great wallet applications making a lot, a great deal more user-friendly to the end user so that they're able to come into cryptocurrency and, and, um, be able to have a much better user experience. Um, and so again, looking at our project here, BitcoinMYK.com, that operates on the Bitcoin Cash blockchain. Uh, now to understand what BitcoinMYK is, it's kind of like, uh, Bitcoin meets Universal Basic Income. Uh, some people don't know what Universal Basic Income is. Uh, it is a topic that is now trending quite a bit around around the world, especially due to the onslaught of the global pandemic. And this is basically saying that as a human being, you should be, uh, basic— your basic needs should be met, that you should have the dignity to always have the bare, the bare, um, bone basics of, uh, what it probably costs to, uh, for you to, to handle your basic needs in a month. That might include food, clothing, and shelter to a great degree. Um, but in many ways it is just at the very basic level. We know as human beings there's a lot more needed, and so this is only supplemental at best, but it can have many far-reaching effects throughout not only the economy but the health and well-being of citizens. And it's an economic idea that's catching on a great deal now that is not new, But projects like this that are operating on the Bitcoin Cash blockchain, uh, applications on the Bitcoin blockchain are, I believe, what's going to push Bitcoin Cash forward in the future, right? So let's look at some of these applications from the BitcoinNYK.com site. When you register here, that's how you get our universal basic income. Uh, also, this is a deflationary coin, so So if you have Bitcoin or Bitcoin Cash, you're going to get it free. You're going to get it distributed automatically to your wallets every month. And so to take advantage of some of the features and earn with the currency and so on and so forth, what you want to do is you can hit this button that says earn micro blogging, right? I'm going to take you over to the application now. So let me hit that. We're headed here. To Memo.cash. And this is a very underrated application, um, very interesting application. Kind of has a Twitter-like feel, but imagine, uh, you're on Twitter, you finally own your social media, right? You're getting paid every time you post something, right? And this is very interesting because it's both an SLP token— an SLP token is relational to like an ERC-20 token on the Bitcoin Cash blockchain— just means people can create projects and they can create tokens built on Bitcoin Cash, and that's what we've done, right? And so you're able to take that cryptocurrency, trade against Bitcoin Cash, and do a number of great things with it throughout the Bitcoin Cash blockchain, okay? Um, and so as you can see, it's just like these little tweets that people can do. You get paid for them. If you're on Twitter, if you're on Facebook, you're doing a lot of different things. You're not being compensated for You're not being paid for it. You don't own the network. You don't— it's not decentralized social media, which means that you can be censored. It could be removed from the website. Here it stays on the blockchain. You get paid. You have your voice not censored. So many great things happening with Bitcoin Cash. Another great reminder of— I think people need to be aware of, and I know that a lot of people say, oh yeah, well, you know, we've always had some type of social media. We've always had some type of posts you can earn on something like which you might get with the Steem blockchain or on the Hive blockchain and various ones as such. But there aren't many that are on the level of a very solid, secure blockchain like Bitcoin Cash, right? We take something like OneGold, uh, where it was a big fight against Justin Sun feel that he threatened, uh, decentralization, right? That he kind of took a very centralized position in this chain. Uh, on the Bitcoin Cash blockchain, that would be, uh, probably impossible to happen. It's a lot more secure. And so that's why I think this is very underrated, and we should really look into, um, applications like this. It's very easy to get an account here. It takes about 30 seconds and you're already posting, earning cryptocurrency. That is something that doesn't happen on many applications. Again, to use something like Steem or Hive as an example, yes, you can earn on posts, but it is necessary that people who have stake and interest upvote you. Right here, um, through the BitcoinMYK tokenization, if you post, you earn through your attention value and your contribution to the network. There is no influence, uh, that gives one value more than the other. And so, uh, through the BitcoinMYK site, you're able to, to do that. But very interesting. I see a lot of good things happening with Bitcoin Cash. Looking forward to many more applications that are going to be built on Bitcoin Cash, and I'm just sure that you guys are— in fact, there is another one. There's another one called NoiseCash that's doing fairly well. But the only, the only reason I think I like Memo a great deal better is number one, Memo has tokenization. Means anybody could come on, come on here and create an SLP token, or what's known as simple Ledger Protocol token, right? And then within their own prospective communities, they're able to post. And I'll just show you what I'm talking about here. I'm going to hit on select on tokens, and it should take us to many of these built-in tokens. It is all— it's so cool because it's integrated right into the social media. There is an exchange all linked together, all right? And some of these SLP tokens do very, very well. As we said, we are, um, uh, an SLP token on this exchange as well. So it's exchange, social media site, uh, all band together. Now, Noise.cash, whereas it's, it's, um, become, uh, somewhat quite popular on the Bitcoin Cash network, it doesn't have those features that I'm aware of. They don't have tokenization, they don't have an exchange. And, um, I think with Memo having so many features, so underrated, just so amazingly underrated, has NFT, uh, tokens Um, it's just well done, integrates well into wallets. You can send directly from the site into most Bitcoin Cash wallets. So just a fantastic, uh, happenings on the Bitcoin Cash network, and especially with our project BitcoinMYK. I'm sure you all will be glad that you looked into it, gave it a try. We'll leave links in the description. Be sure to ask questions. if you have any questions about how the project works. But we're sure you're going to have a very good user experience with it, and people are earning pretty good. Unlike they earn on many other sites where you have to depend on somebody to donate to you or give you money, with us it's based on your action and attention value only and what you do in relation to that. So you don't have to be impacted or affected by people around you. And I think many people who use sites like this will find the importance of that. And there's a model we've created that's working fairly well at this point in time, so we're excited to see what happens with that. But Bitcoin Cash is looking good. Those are some of the reasons I believe why Bitcoin Cash is moving into a glorious future. But would like to hear your thoughts about Bitcoin Cash, where you think the price is gonna go. I think we're going to actually see Bitcoin Cash getting to thousands of dollars in value, but we'll see what happens with that. As always, if you like content like this, don't forget to like the video, share the video, share it to the Bitcoin Cash community, and join the BitcoinMYK network on Bitcoin Cash so you can start earning cryptocurrency today. You'll be glad you did. That's all I want to say in this video. If you like content like this, don't forget to like, subscribe, and And until next time, as always, take care.