Bitcoin MYK Inflation Token Live!/Greatest Crypto In History!

Welcome back. I hope you all are having a great day. So this is a very exciting video. This is what we've been waiting for. The BitcoinNYK inflation token is now live. It's live on Bitcoin Cash. It will be going live this week as well on the Hive blockchain. Specifically chosen these chains to launch the Bitcoin and WhiteCandleflation token on, uh, for an express purpose of, uh, zero to almost zero transaction fees, right? We're trying to get all the way to the promised land of economic freedom. Now, what's so special about this happening? I, I believe it's a, it's a lot of moving parts to this. But I think the most important part most people are going to hear and keep in mind is that by participating in this platform, you're going to receive, uh, just for participating, uh, over $1,000 USD worth of the cryptocurrency per month. Now a lot of people I know are going Well, how is that possible? How is he going to achieve this, right? And we're going to use something called Metcalfe's Law. Now, it's also important to keep in mind that how we're going to pull this off is that there's an unlimited supply to cryptocurrency. So what's going to happen is it will adjust due to the market prices and conditions, right? Now, again, there's a lot of moving parts to that, and, uh, what we'd like you to do is subscribe to the channel, to be able to get that information. Also keep in mind, there's a totally free project, right? So you're going to be able to receive these tokens without spending or investing a dime. Uh, so the important part is to remember that you're going to receive up to $1,000 worth of the tokens per month. And again, that will be— we'll be able to do that based on the fact we can supply the, uh, the tokens, right? Now, what the market will, you know, price the inflation token at, that's going to depend on how much Metcalfe's Law comes into that, meaning if the growth rate exceeds the rate of inflation, right? And that's possible as well. Obviously, the inflation token is more about stability value and economic prosperity, then token go up and get rich. This is a very interesting exercise in the power of money and how, uh, uh, currency and money can work, um, and how growth— and our very narrow understanding of money. A lot of us think that money is this actual real thing that exists somewhere, uh, and so that's what we've been led to believe. But of all the animals on Earth, we're the only ones who use currency, whereas other animals on Earth, you see, they have access to resources, they have access to, uh, everything they need, and they don't use a currency, right? So that lets us know, um, the thing is though, there are, uh, money is energy, right, to a great extent, right, mathematically. And so, um, and understanding these theorems and Metcalfe's Law, what we're using, how we're going to accomplish this. We definitely ask you to subscribe to the channel, ask questions, watch all the videos. But we want to be clear here, supplying the market price of a cryptocurrency is not the same as guaranteeing that it's going to be, uh, right, that you're going to be able to spend $1,000 per month, right? Kind of think of it like when you work for your money. per week on your jobs, right? Let's say you make, uh, $2,000 per week or whatever the amount is, right? But the following week, your $2,000 that you earn can only buy about $500 worth of things, right? It is not that the company failed to pay you, but it is just that the market conditions and inflation didn't allow you to be able to exercise that in the market. Now our system will do all it can in order to level out that. A lot of theory suggests in order for prices to go up, there needs to be a lack of liquidity, right? So I know it's kind of hard to understand, but the more highly liquid a crypto market is, the more likely, less likely it is to go up, right? So we got that part. There's a lot of liquidity there. It's less possible for that cryptocurrency to go up, etc. Uh, um, so this is going to be a very interesting experiment. Again, guys, totally free. Don't come in here blowing your money and things like that. Uh, we believe Metcalfe's Law is going to take care of a lot of that. It's okay to come in with money you just want to play around with and throw it around or whatever, money you can lose and just want to see how things work out. Uh, well, But, uh, don't risk any, you know, any money you can't afford to lose. Best to just use the system, participate, and let Metcalfe's Law take care of the rest. Um, let's take a look at the BitcoinNYK inflation token and help you understand a little bit more comprehensively, uh, how it, it works exactly. All right, looking at the Bitcoin NYK inflation token, um, and we're going to explain exactly how it works, uh, you know, as we open up and explain that what we're trying to create is a participatory economy. This has never been done before that I'm aware of, and what we found out is that under Metcalfe's Law right? Just enough for the cryptocurrency to basically create what we call the citizen's dividend, right? And the purpose of this is to encourage everyone to use the cryptocurrency. That way we have mass adoption, right? By making sure the participants receive at least $1,000 per month in the cryptocurrency. Creating a model for the future to help to deal with automation, job displacement, etc., as these things would be supplemental to helping achieve that. Now, this has been supported economically by the greatest economists in the world. A document was signed where over 1,000 of the world's greatest economists signed the document saying that universal basic income and citizens dividend would be the best approach to dealing with many of our economic woes and the world's problems, right? The greatest minds in history has championed the cause, and that is why we're saying Bitcoin MYK is the greatest cryptocurrency ever thought of in the achievement of mankind. The reason it's called Bitcoin MYK is that it is meant to be a fork of Bitcoin where we took all the great principles involved in Bitcoin and suggested that this is what Bitcoin is missing. 87% of the Bitcoin network is owned by only 1% of the network. That should tell, tell us all we need to know about the shortcomings of Bitcoin, right? But again, uh, because I know when a lot of information's coming to a person's way and they're trying to understand a project They're only going to retain certain information. And so that's why we keep saying the $1,000 per month that you're going to get in the cryptocurrency, you're going to be issued that at whatever the market price is. Remember, the supply will keep going up. It will be unlimited. Uh, we're going to continue to issue you, uh, to, uh, make sure that you, you're getting that right now. $1,000 per month, it's not going to make people rich. It's not going to solve any of the, uh, many of you guys' problems. It's not going to get you guys the Lambo. It's not going to do many of those things, right? But this is only a fraction of the project, right? There are, uh, aspects of the project that, uh, basically create the concept of gold, create the concept of cash, what we call the BitcoinNYK native token. The Bitcoin NYK-backed dollar and the Bitcoin NYK inflation token, which is taking about 10% annually, uh, creating this inflation against the, the net value of the project to, uh, basically make the world a better place, but in doing so encourage a large amount of participation, right? We can see, uh, a network several billion people involved in it, right? Uh, you know, as we said, there are many moving parts to this, and, uh, the things that are going to stick in people's minds, that's what we want to push, because we understand that by, uh, being in line with Metcalfe's Law is going to create the necessary value. Uh, if you look at Bitcoin and you say Bitcoin has a billion users The value is relational to the amount of users it has, as dictated by Metcalfe's Law. And so the same thing would theoretically happen with Bitcoin and YKI, I have no doubt. Now, um, let's take a look at, you know, because I've said this before, I've argued this point before, besides just being a money dispenser, which what most cryptocurrencies are, You know, things like that. It just, you just stake the cryptocurrency, just make more and more of the cryptocurrency. But what, where is the inherent value of the cryptocurrency? Where is the drive and the need to use it? Where does the brand effect, the marketing effect come from? And why does it stay that way when there are so very little incentive to use many of these cryptocurrencies, right? You know, at the end of the day, Bitcoin doesn't reward me for using it. right? And many of the others, and they certainly don't reward me like BitcoinMYK is doing, right? Uh, network where the entire economy benefits from their participation, right? But so what's else so unique about BitcoinMYK? What's really going to drive the users here? And we're going to show you here in a second. All right, so let's get into the ideas and concepts of our secret weapons. Here on Memo, which is an interface on the Bitcoin Cash blockchain, we're multi-chain, and so we're going off into many communities. So we're going to be able to scale and handle billions of users, right? We're going to need the ability to be able to do that. But the secret weapon is that when you set up with Memo, Memo basically gives you a front user— a front-end user interface. That basically you're able to cross-post between Twitter. And so what you're getting with Memo is you're getting basically a combination of a social network with cryptocurrency, our cryptocurrency, integrated into the post. So people are going to be able to, uh, basically move the Bitcoin MYK inflation token throughout the Bitcoin Cash Rider blockchain Right, remember, there's a token on Bitcoin Cash, right? Fees are ridiculously cheap. They're so cheap that you'd probably consider them free. And we'll be launching on Hive a little later this week, which is on similar grounds. The only difference I would say is Bitcoin Cash is probably a more robust blockchain, a more secure blockchain, as there are some things with the Hive blockchain and their governance model that that people have, you know, had many theories about, concerns about. And that's just a matter of do you kind of go for proof of work or do you kind of go for delegated proof of stake, right? It's kind of in those arguments. But what we found is they're very capable chains in their own rights. But I think Bitcoin Cash for us, just the legacy of Bitcoin Cash, it feels a great deal more secure. The cool thing, either way, you're able to bridge the cryptocurrency back and forth, moving from chain to chain to the best, you know, of your comfortability, your comfort levels, or how you— which ones you want to use, right? We're trying to have a presence on each chain, but these are going to be the secret weapons and driving forces. The fact that people are going to be able to pretty much use their social media daily and earn these cryptocurrencies, use them, utilize them, tip each other with them, make payments with them. Merchants are going to be able to accept them this way. And what we expect from something like the Bitcoin MYK inflation token is that we're going to, uh, reach a stability marker where the cryptocurrency probably won't go below, and that's going to allow merchants to be a lot more comfortable accepting it. It's going to give the inflation token a lot more value. That means, ideally, perfectly, if the experiment works properly, that you will have an extra $1,000 per month. Trade cryptocurrency, do whatever you want to do. The Bitcoin inflation token is meant to be spent, right? Now, as we go on and we advance in the project, as many of you all will start to see our native token, right, for the BitcoinMYK, which is not inflation, is a deflationary cryptocurrency, right? Remember, 10% of the network value annually is going into the Bitcoin Inflation Token, right? But the other 90% stays in the BitcoinMYK deflationary coin ecosystem, right? You can obtain it free as well by mining it. Right? So you can mine it just by going to BitcoinMYK.com, doing various social media activities. It levels the playing fields with miners, as we'll show you here in a second, whereas anybody can mine regardless of their technical advantages, right? We're trying to make this as fair as fair can get. And a lot of people said this can't be done, and so this is going to be a very interesting experiment. We believe We have evidence that it can be done. And so we're very excited to release this today. Absolutely 100% free to try it and start to get this value and gain it. And you never know what the value of these cryptocurrencies are going to be, right? So let's say, for example, if it's not $1,000 per month you're collecting, let's say maybe it's $50 or $20 or even $10. Whatever the case may be, you're gonna be earning free cryptocurrency as the ecosystem grows, right? And you know, as we've talked about, there is a such thing of something free being valuable. So just because something is free, as many cryptocurrencies have demonstrated this, whether they be free transaction chains or where they be something like Zen where you can just take bots and mint as much of the stuff as you want, What has become clear is that a variety of these projects have found a way to make money. And we plan to do that under the brand of the Citizens' Dividend Universal Basic Income, something that will solve many of the world's problems, meet our economic challenges in the future, save humanity, right? And, you know, I'm not trying to overblow this thing, but it really can do that. And I say that because we haven't seen anybody in cryptocurrency even get close to an idea like this. Everybody is on a very linear model where they're just thinking, I make money and the price goes up. They're not understanding ecosystem and that you can have market stimulus where your entire economy rises up. And, uh, I think that's what's going to be the more healthier approach And that's going to be the approach more people are going to want to participate in, right? Uh, it's going to feel more fair to people. And you know how people are about when something feels fair or doesn't feel fair. Uh, they tend to leave. And that's why we have all these splinter and fracture, uh, blockchains and communities that are stagnant with no place to go. BitcoinMYK with the inflation token, giving everybody over $1,000 per month. This free money in cryptocurrency through the Citizens Dividend is going to surpass all of them put together. So now we're back on BitcoinNYK.com. This is the native token of the chain. This is our version of gold. It's only going to be 5 million total in circulation. Um, and so people earn this currency by mining it, right? It's a little bit— it's different from the BitcoinNYK Inflation Token. Now BitcoinNYK, this is the actual platform. Remember, we're multi-chain on Bitcoin. We launched on Bitcoin Cash, the Inflation Token. It's the first chain we launched on. Uh, I think this is a lot easier, uh, understood by people in the XIN community, uh, who watch the channel as well, because XIN has launched on numerous blockchains and we have a similar model. So we're on Bitcoin Cash first. Later this week we'll be on the HIVE blockchain, right? These are very low-fee chains where we can do a lot of things, essentially free, some, where you're gonna be able to freely exchange money globally without the headaches of those heavy fee structures, right? And it's gonna work well with a free cryptocurrency project. But if you want to gain some of the BitcoinNYK token. You can be a miner by coming on the platform. Our mining is different. It kind of works like social media engagement. It's done that way on purpose so that people, uh, don't have an unfair advantage if they're very technical, right? Uh, so that means that anybody, your grandmother, can just come on here. She becomes a miner. It's open to anywhere. And in other words, what it does is it decentralizes mining. Right? And of course you're going to have the scarcity of only 5 million coins right there. Uh, but now the inflation token is going to be those guaranteed over $1,000 per month in market value to cryptocurrency, right? Every month it will adjust. Just for example, with the BitcoinNYK inflation token, right? And how they're earning, just to go back to BitcoinNYK real, really quick. This is how they're, they're mining it, right? This is how they're earning it. We're creating an attention-based economy, a participatory economy where what you do earns you cryptocurrency. So these are effective miners here, right? Effectively miners. Um, now the Bitcoin MYK inflation token, its only purpose is to provide you that dividend each month. So this is a dividend. It's not really meant to go up in value, although if it does go up in value, how much of the token you receive to equal that $1,000 per month will adjust to that. For example, let's say that one of the coins is $1, right? Then the average user will receive over 1,000 per month, right? But let's say that the value drops tremendously. Let's say by 10 times, and now it takes 10,000 tokens or to just equal, or one token's only 10 cents, right? It's only a dime. Now it takes 10,000 tokens to equal that. That's not a problem for us because remember, we have an unlimited token supply with the inflation token, right? Now, uh, let's say that it just outpaces us and we never catch up, right? Well, what will happen is also remember as well, the ecosystem, if you think of something like a treasury or a DAO or something like that, Remember, 10% of the cryptocurrencies in our ecosystem that aren't, uh, infinite amounts, that are very scarce, will, uh, 10% of their liquidity pool will move into our, uh, the inflation token. So there will, uh, theoretically always be some value flowing in the inflation token. Our, obviously, ideally will be when it reaches a point where the market value is quite stable and everybody in participation is getting $1,000 per month. And that's quite possible, we believe, right? We believe that can happen in the cryptocurrency. Imagine the, the, uh, if Bitcoin, uh, um, paid everybody equally $1,000 per month, right? That was his purpose, right? His purpose wasn't to like make a small pool of people rich. That's how Bitcoin MYK inflation token works. Not to take away from Bitcoin MYK native token, which is more similar to your standard Bitcoin, right? With the exception that mining is more decentralized, right? Does that make sense? So if you don't take away anything else from this, just take away that you need to join this thing, try to get your $1,000 every month just for being a member of the community. And that's, you know, once you get past that part, then we can go into the more technical details as if, you know, as many economic theories in it is, been years and years of research into this, uh, where we've looked at many case scenarios of this, and we've been patiently building the right system to solve these problems in cryptocurrency, building a real system, right? Not a meme coin, not a, you know, and this is community-owned and community-driven, uh, which means that, uh, we believe we'll, we reach the finest level of decentralization in that the network is owned by all of you and it's done so in a very decentralized way, right? It's not, uh, centralized wealth where you get something like Bitcoin or Ethereum where you might have like 87% of network owned by only 1%. That's true centralization. Uh, I'm surprised that the SEC and the governments would even allow these things to exist. But as they get further away from centralization, then you can see that they get out of the securities laws violation stages. And the more Participants in your economy, the less you have that problem. And that's how BitcoinNYK works in that everybody is distributed wealth to everybody. And in doing so, we don't have those centralization problems, right? This does become the people's money as such, and it does create economic prosperity, uh, reduces poverty, reduces crime, solves the automation problem, solves the ChatGPT-4 problem. Etc., etc. But if you're as excited about this project as I am, join today without delay. It's absolutely free. We're going to leave a link in the description for how to get the Inflation Token sent to you on Bitcoin Cash. If you're not a big Bitcoin Cash fan, don't worry. We're there because we support low-fee chains. We believe this is leading people to more economic freedom. But if you're not a big fan of that, sit tight. We will appear on other chains. We will end up on Ripple. We will end up on Hive this week. We are on Waves as well. We're on Bitcoin Satoshi Vision, and there's going to be many, many more to come. Oh, Polygon. I forgot we're on Polygon as well. But again, we are going to try to avoid the high fee chains. But that's all I want to say in this particular video. If you have any questions, comments, concerns, feel free to use them. Uh, this is a great opportunity, best opportunity in cryptocurrency today, I believe. And, uh, the great projects not everybody talks about, they hype up trash. We know how that works. But I can promise you this, the good projects that have really good use cases are going to surpass those meme coins and projects that many of you all are losing your money in. And create this economic prosperity for the world. It is not a matter if it will happen, but when, and we believe the when is now. Take care of yourselves and each other.