Bitcoin MYK Breaks $.012

Welcome back to the channel. I hope you're all having a great day. So today, guys, I wanted to talk about the BitcoinNYK project has just broke over 1 penny, 1 cent, right? Market caps broke $389,000, and I think this is the appropriate time for, uh, the project to start to really take off. And we're gonna explain so why in the video. So I have been actually— we try not to talk about price in the project, and here's what we want you to understand. First off, this is a free project, right? Um, it is based on universal basic income, you know, similar to what you're getting with Worldcoin and such. And the reason these projects are becoming very important is because we don't know for certain what the future is going to bring with all this automation, right? We could be thrown into a situation where there are so many robots that have mastered— and here's the thing you got to understand as well, people think that robots have to replace a majority of jobs, maybe 50% of jobs or something like that, for the economy to go into a tailspin. That's not true at all. When we're talking about robots and automation, we're talking about maybe raising the unemployment rate 20%, 30%. That's enough to devastate the entire economy. So you don't need, you know, because what we get is we get a lot of people who will say, oh, these robots look clunky, they look stupid. The creativity it takes in my job, the mental aptitude it takes, these robots will never be able to do it. And whereas they may be— that may be true, that there may never be robots that can perform certain human tasks, the reality of the situation is that a great percentile of jobs are repetitive tasks. You know, that's to say that the majority of human labor and workers are doing jobs that can be replaced by the AI and the robots. And so in that paradigm, what you're going to end up with is you don't have to end up with 70, 60% of the jobs being taken or, you know, 70% of the jobs being taken. You can end up with like 30% of The majority of jobs people do being taken, putting a great percentile of the population into unemployment, 20-30% range, 40% range, and it would create an economic cataclysm that will be enough to have to implement some type of payment system for many of these, uh, human laborers out of work that, you know, can't be you know, can't replace, their jobs can't be replaced, right? Or they can't reenter the workforce under some new skill, right? And that's probably a lot more common than you think, or so it will be. Um, and so what do you do with those people? So it is a serious problem and it's being questioned by serious minds, right? This is, this is not like a joke or it's not something that's gonna go away or take care of itself. It's something that we're gonna have to be prepared for, prepared to deal with. And so some of us are coming up with a variety of ways of doing that. And if you don't understand what the BitcoinNYK project is about, it basically combines social media into an energy input work algorithm, you know, as to say your participation your knowledge, your content and such, it gets through an algorithm turned into a currency to kind of simulate working, right? Energy to output. Very interesting, very interesting algorithm. Now that might not make a lot of sense to a lot of people, but what it does is it helps to not only create something for humans to do, but creates a distribution system that works jointly as a currency system so that humanity can function against the robots, right? It also has taken technology like a lot of these big technical social media companies worth trillions of dollars and allowing that money to go back to people, right? So now the winners of this automated robot economy aren't just, uh, um, the tech companies, right? And everybody else is poor and don't know where their next paycheck's coming from. The winners then becomes the public, right? And through that currency system, they can kind of influence and decide where they want to spend their money, right? So very interesting. But anyway, let's take you over to the network so you can understand this a little bit more, because I think all this is very important in understanding why the project has value and why we believe it's going to be very, very important to many of you all's future out there. All right, so let's get into it a little bit. Social media site, right? Why social media? Why, why is it so important that we be on social media, right? Um, and the answer is simple, right? Social media is going to be the easiest way to make the transition. Picture a lot of people unemployed, not knowing what to do, right? Uh, needing a distribution system, need a payment gateway. Now many people think it's going to be the government, and probably correctly so, but In our vision, the government would be not only overburdened with this, but it may just be that the government will opt to use platforms like this to distribute payment systems. Now, as far-fetched as that may sound, it is kind of something that takes place in China, right? So China uses, uh, platforms like WeChat through their social media, um, systems, and it kind of can reward through their social credit system scores that they use. And I know a lot of people don't like that, right? And this platform is not a social credit score system. Like, it's not based on if you're good or bad or something like that. That's not how it works, right? It is pretty much still based on the work input ratio model to a certain degree, but just to kind of illustrate, the Chinese government will pretty much can use their social media payment systems to distribute funds to their people who will desperately need money in these times. In any event, we should be prepared for situations like this, right? And that's the whole purpose of this project, to be prepared in case of, like insurance, right? You wouldn't enter a potentially catastrophic situation without some type of security protection or insurance. And to say otherwise could make you utterly irresponsible, right? If, if the only, uh, reply you have to such the, uh, circumstances of such a world is, oh, well, the past has produced jobs through several industrial revolutions. So maybe this will be no different. Not a very solid plan. Past results are not indicative of the future. That's to say, to gamble your future on that is utterly irresponsible in my opinion. And so that's what we're looking at here. But with our system here, this project, what tends to happen is it will be a gateway, an easy transition, right? Because people wouldn't know what to do, but they know how to use social media. So social media will become the hub of the distribution of the currency, and that's what's happened here. Um, and so that's a very basic general idea of how it works. Now, of course, we'd invite you all to join it. Come on, ask questions. You can ask questions on video or such. To get more in depth, right? We're more than happy to educate you about it. But the bottom line is this system exists as one of those security blankets in case something like this happens, right? Um, and so very interesting. Uh, again, we invite you to, you know, look at the videos to get a lot degree more detailed input on, on how this works, right? But I can take you over to wallet real quick. And in the wallet, it will show you ways the algorithm works, right? Without going too much into the details and how it works and the mechanics of it, right? Because that'll take a whole nother video. I would like to keep this under 10 minutes, although I'm seemingly failing at this. But if you look here, right, you'll see I'm awarded. This is the currency that you're seeing that just broke over a penny, right? I got one of them for a site, the site visit, meaning I visited the site. I got another one for logging in. I got another one for viewing a page. I got another one, uh, and it goes on. And you start to earn more of these things based on the specific tasks you do in social media. And these are a variety of things. It might be, uh, commenting. It might be— it could be, it could be several things, right? Uh, making friends, creating groups, All the standard things you do on social media is generating these currencies for it, right? So that's a very bare-bones minimum description of why this is going to be— have value, right? Think about the tremendous value social media has already. Look at the social media companies you're on and try to find their valuations, right? And try to pronounce the numbers, right? Try to write out the numbers, right? You'll get numbers like $44 billion. You'll get numbers like $1 to $2 trillion, right? So a lot of money, right? And with that kind of money, it could be the influence and the staging ground, especially in the private sector, for many ways to meet automation, right? Robots taking your jobs, right? And maybe you, you're, you haven't been a victim of such things, but if you look online, you will hear all of these very unfortunate stories of people who have lost their jobs already, not in the future, but now today to robots automation, whether it be some factory job or whether it be some, you know, programming job or, you know, even something as basic as a cashier job, right? Cashiers obviously get reduced costs in their jobs, right? A lot of people, a lot of jobs, right? A lot of jobs we take for granted that people are supporting their family and need to support their family with. So this is a very serious, serious— probably one of the— if you put like the end of the world is number one, like a nuclear bomb hit you, or you put losing your job, or you know, some type of economic calamity, and then if you put like a global pandemic, you know, some disease is wiping out everybody, somewhere under there you would Somewhere right in the fold of that, you would put job loss to robots taking every job and what to do about the livelihood of humans. Because if the robots can create more money than you can, then that means you can't earn any money. Your value has lessened, you know, and that's just how it is, right? These machines get smarter every decade. And so 10 years from now isn't that long. Can you imagine what the world would be like in 10 years with those robots? And that's if we don't have another leap in the, uh, development or revolution of these robots. That's to say, if they just stay stagnant and they just keep making them, then what they can do now can greatly replace most of the repetitive jobs. But in 10 years, somewhere in that 10-year time frame, we have another huge AI revolutionary jump. I call it the first big AI revolutionary jump, something like ChatGPT or the language models. But now I'm expecting another one within the next decade, and I believe that one's going to wipe out most human jobs, like 90%. Some people are predicting as early as 2027. I think that's a bit ambitious, but, um, uh, in 10 years I could see that for sure. And remember, 10 years is a small time, especially many of you are just starting your families and such. You know, 10 years, you're just getting in, right? Just how you're, you know, just raising in the first rounds of raising your kids and you're out of a job. So very serious, guys. This should be taken very serious. Unfortunately, people are so busy, they don't even understand what this is all about, what we're doing here. And maybe you can help us by putting the word out. it may very well affect you who are listening to this video. Now that we've painted a picture, so to speak, of, you know, what this project is all about and why it's so important, maybe now you can kind of understand what the direction of it is. Now, the problem with cryptocurrency, and I want to be very clear here, you guys really need to understand this. Is there's this misconception that cryptocurrency is just all about gambling. It's all about, you know, frauds and scams, that it has no real-world value or use, right? And whereas in some respects those things are true, right? There are cryptocurrencies like that. What's missing from that narrative is the idea of the— what would be the tamper-proof ability of this monetary system, the technologies that's under the hood of it, so to speak, right? The speed of it, right? So you're basically talking about a secure, tamper-proof money with a fixed supply in many cases. That can't be manipulated like fiat currencies. And many of the dollars you use, they can't, you know, you can't, they can't print more of them and all this stuff. And if, if you really think about the importance of that, it is laying the groundwork to a, uh, what would be a structurally sound and smart monetary system. Like, it'll be almost like when the United States was on the gold standard before you know, they required it to be audited as such, and then they could just print dollars without redeeming dollars for gold, you know, which took place in the 1970s, right? So if you can kind of compare the evolution of money from that stagnant point to now, then you kind of understand what this is all about. Also, it's very important to understand, to even take us out of that realm, The BitcoinNYK project is all about your activity creating the money. Nobody tells you to go out and buy it. You don't have to buy it. It has exchanges, and the people who hold the currency have the right to exchange it with one another, like, much like any money, like you'd exchange any other money. But to mint it, to create it, to have it in your supply, it doesn't require any purchase at all, right? Much like you go out to your 9-to-5 jobs and you just receive the money. The difference with, uh, BitcoinMYK is when you come on the social media platform, you mint the money, right? Remember, simulating again the work, the labor output, right? And just by logging in, we consider that the universal basic income. You get so much of the cryptocurrency. So again, purpose of this video is not to go deep into detail and explain that. We have countless videos on the channel for that. We invite you to subscribe and learn about this cryptocurrency. Learn about Universal Basic Income and automation and what that means more so than anything, because here's the thing. Forget about the cryptocurrency part. Forget about the money part. You understand Universal Basic Income, you understand why it's so important for our future or why so many think, then I think you will naturally understand the importance of this project, right? So again, we're not interested in your money, right? We don't care about the money part. We care about the education and people understanding the importance of what this is and why it's so important. That's all I want to say in this video, guys. If you like content like this, don't forget to like, subscribe, uh, feel free to ask questions. We'll be more than happy to answer them for you. Until next time, as always, take care of yourselves and each other.