Bitcoin Myk Backed Dollars On Zapit Wallet! Up 11%

Welcome back to the channel. I hope you're having a great day. So, uh, great news today. The Bitcoin MYK back dollars have now been added to Zappit wallets. And so we have been, uh, wanting to do that since Bitcoin MYK back dollars came out. Uh, Bitcoin, um, MYK back dollars doing pretty darn good. The BBD token is up about 11%, uh, since its, uh, start. Um, and that of course is, is, uh, correlational to the growth of the network. So basically what that means, since we launched, uh, BitcoinNYK back dollars, the network grew around 11%. And there's this relational printing of the BitcoinNYK back dollar, and what it does, it pushes up the buying power and inflation rate. Based on the new accounts that are accrued, and thus it caused the value of a Bitcoin MYK back dollar to, to now be redeemable for $1.11 worth of Bitcoin MYK tokens, right? So you're— if you kind of think of the situation that we once had Uh, like with the US dollar when it used to be backed by gold, there was a time you could redeem those dollars for gold. And this is kind of how we— the Bitcoin NYK-backed dollar works. Now it has its own market, and because, uh, of that, uh, uh, ability to redeem for Bitcoin NYK, uh, tokens, it then, uh, market value-wise stays around that, that range of about a dollar. $0.11 at this point in time. And that's of course changing with the growth of the network, uh, in relational to how many of the coins are printed. Now, being able— adding BitcoinNYK back to Zapit Wallets is just awesome because, uh, that means that you're now going to be able to use your BitcoinNYK back dollars on the go, uh, if you're a merchant or vendor. You can basically do transactions with your mobile device, your smart device. And what we're gonna be doing in the future is we wanna do some workshops with businesses that wanna carry BitcoinNYK back dollars. We would be willing to come in and try to get you set up, give you some bonus cryptocurrency to get you started for free if you have a business or a service or something like that. Like that. Um, you know, also of course you're going to be able to send it as global payments around the world and not have to worry about the value of your Bitcoin MYK-backed dollars, um, not, you know, being and having to deal with a lot of volatility and stuff like that because you can just either redeem them for the Bitcoin, uh, MYK tokens or the market value is going to pretty much, uh, keep the volatility at a minimum. We generally aren't moving any more about a percent a day or something like that. Uh, it's very rare that we will, we'll move more than that. So let's take a look now. Zapit Wallet, if you know, if you hear me do my videos, I'm very excited about Zapit Wallet because the Bitcoin Cash, um, chain has really upped their game. You know, these guys have done a fantastic job. They now have wallet addresses with user IDs, right? You know, not these long keys anymore. These— the wallets now are more like what you might get with like a Cash App wallet or PayPal or something like that. Something that's going to be more very much in line with what people are accustomed to using, especially people who are adopting over the cryptocurrency. So Um, let's look at, um, you know, it's just a ton of options that you can do with Zapit Wallets. Um, you know, um, when I go over here to Wallet— I'm trying to get over here— wow, there we go. Um, you can go under Tools here, and then you can see it has the address converter. That's when you can switch over to user IDs. It has the cash accounts, and that's pretty cool. You can just kind of create these, um, you know, these short form. User IDs like your name, you don't have to worry about, you know, those long keys that very inconvenient, those very inconvenient keys. Achievements, that's going to be coming soon. Looks like they're going to have these tasks you could complete to earn, you know, coins and such. And like I said, they're doing a fantastic job, Bitcoin Cash and Now that they're building applications on top of Bitcoin Cash, I mean, don't sleep on Bitcoin Cash. These guys are very much underrated. They have over on memo.cash this application like Twitter that integrates tokenization into it. It links to the Zapit wallet. I'm hearing that they're going to have the, uh, the, uh, SOP DEX coming out. The Simple Ledger Protocol DEX, and that's going to be their exchange version. Now they kind of have this auction market type setup on Memo that can— is workable as an exchange, but I'll definitely be looking forward to seeing what they do with, um, you know, more of a traditional exchange. And I've been hearing some good things about that as well. When we go over here to tokens Um, we go over here to verified tokens, and you see BitcoinMYK— excuse me— is a verified token. And you have to do a few steps to get verified. They have to make sure you're a legitimate project. They have to make sure that there's a team behind it, that, you know, it's not some type of, uh, sketchy project. And once they verify that, you become verified. You can use with confidence. Now, because BitcoinMYK back dollars was added today, Uh, that process hasn't been done yet, but we will be contacting them. And, uh, seeing that a BitcoinMYK-backed dollar and a BitcoinMYK coin pretty much cut from the same cloth, same thing, um, you know, that should be no problem using. But as you can see here, BitcoinMYK-backed dollars are showing up here. Uh, you may have to go over to the unverified section, but I would give it a day or so, it will show up on the verified section as soon as they can you know, basically verify everything. And about the token BitcoinNYK back dollars, right? And that's just showing information that is rooted in the Bitcoin Cash blockchain and that you can pretty much send it across all the Bitcoin Cash applications. This wallet I'm very impressed with. You know, as I've been saying, guys, I was hearing them talking about when they're going to be building some great wallets, and, uh, they have come through with that. Now this is cool. This is what we actually use to distribute our universal basic income. It's, um, where you can send customizable token rewards in the form of dividends or airdrops to token holders, either in Bitcoin Cash or SLP tokens, right? So we're able to do that. I like Bitcoin Cash. Uh, you could build on it and it's on a very, uh, sturdy network, right? It's a top 10 cryptocurrency. That'll be very difficult to hack it, so you're pretty safe on Bitcoin Cash, right? Um, and so, um, yeah, so this is just so great, guys, because now on our— the other chains that the BitcoinMYK BAT dollar is on you can just send through our gateway. You'll be able to send, uh, Bitcoin and YKBack dollars. We'll be adding it to the gateway, uh, from any chain to your wallet here, right? And then that way, uh, if you have any problems with the chains you're on, you can store them safely on the wallet app and your funds are safe, right? Your funds are safe. Now another thing that's really cool about the Zapit Wallet is they have a referral program. All right, and with a project like ours that, you know, we're looking to probably gonna hopefully have a lot of wallets. And what seems to be happening here is, uh, there's right now over like 400 Zapper wallets in the BitcoinNYK network. Some people can't get wallets because it's only available on an Android device right now, so they're going to be, um, having, um iOS soon and some others. Another problem is people who, um, are getting wallets, they're forgetting to go on their profile and put BitcoinMYK as the referral code. You do that, we get rewarded. So far only 19 people have done that and we have over 7,200 accounts in our network. So that just goes to show people are either not aware of— also keep in mind Zapperwise is kind of new, it's it's not very, very, um, you know, we haven't been using it that long. But, um, the people who are aware of this or watching this video, if you haven't done that already, do go ahead and add BitcoinMYK under your profile area. That way we get credit. Let us know you did it. We'll send you some bonus BitcoinMYK, uh, coins for doing it. Like, you know, so you'll get a bonus for that. You'll get 100 BitcoinMYK coins for doing that. I just make sure that you've, um, that you've done that. Um, and you can see we get reward and all these other coins that are in their network. Um, and, uh, that's a good thing, right? So because we expect to have a lot of wallets, so I think we're gonna have a good relationship with BitcoinMYK. Um, now what does this talk about? Top up wallets. So you can add Bitcoin Cash from like your credit cards, and this is pretty cool. This is what I want to show you all. I want to show you all, I can find it here where it shows the— let me see if that's it. And that's doing an international transfer, but for your cash account. But I want to show you, and it might be on the wallet, the different means you can use in order to— might be under settings here. Is it under settings? But there is somewhere here, there is a way that you can do, do pay. Okay, here it is, payment details, right? Okay, if you go here, choose your preferred Payment methods. You can add funds to your account, your wallet, either through Alipay, Amazon Pay, BIM, bank transfers, Cash App, Cash Deposit, Easy Pays, PaysUp, Google Pay, Interact, M-Pays, and I don't even know what some of these are. PayID, PayPal, we know what that is, Paytm. And so look at all these variety of ways that you can add funds to your wallet and get cryptocurrency, right? That is just so awesome, um, how you can go about doing that. And, uh, so that's why I'm so excited about these— this wallet is so cool, right? Imagine on the go, um, you got your Bitcoin NYK coins, you got your Bitcoin NYK back dollars, uh, as we start to do our workshops, which is what we, we want our teams want to start working on next. Getting people who are interested in taking Bitcoin MYK back dollars. Because if you take them as our network grows, especially if you're a small business, that might give you more customers, right? So we want to really get out there and start talking to people about that and see if they're interested in doing that. And if anybody, uh, is selling anything, any products, and they want to take Bitcoin MYK back dollars, and want to use it as a means to, um, of, uh, uh, you know, get more customers, then we would, um, you know, we would, uh, basically, uh, uh, you know, be willing to work with that business, uh, do workshops with them, give them bonus cryptocurrency, as a welcoming gift to, to get them started, right? But very excited about that. Very excited about what we're going to see with Bitcoin NYK-backed dollars. They're, they're a very interesting product. They're up 11%. They remind you of a stablecoin. They're not backed by US dollars. They're backed by Bitcoin NYK tokens, uh, in their markets. But you can always redeem for the exact dollar value of your, um, your Bitcoin, um, NYK back dollars. And in addition to that, um, the liquidity of Bitcoin and NYK back dollars are pretty high and they, uh, are pretty stable, uh, for right now. So some definitely great you want to look into. But that's all I want to say in this video. If you like content like this, don't forget to like, subscribe, and as always, take care.