Bitcoin MYK Breaks $1.48!

Welcome back to the channel. I hope you all are having a great day. So interesting turn of events with the BitcoinNYK project. The cryptocurrency has now broken over $1.48. That is correct, on the Hive Engine exchange. So we have been talking a little bit, uh, earlier about intrinsic value. of, of cryptocurrencies, about how Warren Buffett, one of his biggest arguments against cryptocurrencies like Bitcoin and the likes, is that they have no intrinsic value. There's no utility that you can really do with this cryptocurrency. There are no fundamental reasons behind why it holds value, as there's no productivity, there's no revenue streams. right? And so this is Warren Buffett's argument. In cryptocurrency, we have a, uh, some of us have a different argument, some of us have a similar argument, and I think I'm somewhere in the middle or closer to Warren Buffett's idea of that most cryptocurrencies do not have intrinsic value. And if you don't know the value of them, you're not going to be able to, um, you know, really be able to, uh, know what to buy them at, right? You don't know, you're not going to know what value or what price they're going to be at. Now, what makes BitcoinMYK different? You might look at BitcoinMYK and go, well, it's just another one of these cryptocurrencies where there is going to be probably low liquidity, there's going to be, you know, not a lot of users, and so on and so forth. And in cryptocurrency itself, comparably to the standard economy is a small economy. It's a small pool of investors. Even Bitcoin, even the biggest, or would still be considered a small pool. But we can say what makes Bitcoin MYK different is you can actually do something with the cryptocurrency, and that's something you can't do with a lot of other cryptocurrencies besides exist in their very small pools in niche markets. And that is with Bitcoin MYK, what you can do is the cryptocurrency itself, the intrinsic value allows you to advertise on the social network that because it uses a freemium service and it uses a universal basic income model, uh, the projection is that it's going to be a social network that's going to end up with a large user base and that that's going to bring a lot of attention value through different walks of life. Uh, it is estimated over 50% of the global population will opt for some form of universal basic income, you could be talking 3, 4 billion people easy. Uh, and so this could be a very big platform along with the social network integrated with the wallets. Um, you can take a Bitcoin MYK token and you can promote your content. You can advertise, uh, you know, specific, um, ideas on the network. And whereas I think the Bitcoin MYK cryptocurrency makes a little bit more sense. It is a little bit more reliable model in which you can earn the cryptocurrency every day for logging in, and then you can promote with it your various things, or you can sell it on third-party exchanges. But I think the differences here are many projects, because of the cost to run cryptocurrency, many of them rely a great deal on, um, uh, people purchasing the cryptocurrency. In other words, to keep these things running, you gotta buy the cryptocurrency first, and otherwise it won't have any value. And, uh, I think that's a backwards model. It's different with the BitcoinMYK cryptocurrency. Uh, it is more so you participate and your participation creates the value in the markets and so on and so forth. And then of course there are speculators on third-party exchanges and such, but the intrinsic value and the ability to what the BitcoinMYK Token can do is, in my belief, is what's really giving it value, giving it a future value, and what's going to be, what's going to be able to create the value in the project overall. That attention value. We see this when we watch our matches of the day and we watch our Super Bowls and our World Cup Series. The real value and money comes from the attention people invest there sitting there on their television sets watching these television commercials and advertisements. This is what the real value comes from in these games, right? You know, of course you have your mainstream hardcore sports addicts and fans in that example, but the true value, the most money is made at the big events where people are in attendance who don't necessarily even are big fans of these venues. So, and understanding attention value models in cryptocurrency. I think that's overall what's going to give cryptocurrencies value. But, uh, interesting turn of events. Make sure you keep up with the Bitcoin MYK cryptocurrency. Uh, 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, until next time, take care.