Bitcoin Myk - New Developments! /Bridge Currency

BitcoinNYK is building a marketplace that lets people trade social media tokens directly for goods like electronics and food. The native token is free via a monthly UBI program, and profits from exchanges get funneled back into it. The marketplace launches soon.
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Hey you, welcome back to the channel. And guys, today, very important video. I want to update you on what's been going on with our project here, BitcoinNYK. Um, why the future looks so great for BitcoinNYK and some new developments we can talk about here. So, um, we cover a lot in our content Understanding how cryptocurrency can become valuable, right? So 90%, I would say, of a lot of the approach to cryptocurrency at this point in time has been treating it as a store of value, holding onto it, speculating that it goes up because at some point in time, it will be valuable to someone for some reason. But I think that might be the wrong approach. And I think we need a more practical approach to this. And BitcoinMYK is basically in a series of events that I think is going to bring about a much more practical approach to this and use of cryptocurrency. So Let's talk about how that's going to work. So if you've been watching our videos, especially paying attention to the BitcoinNYK token, what you've probably discovered is that we had been recently talking about a marketplace in which we would have a variety of cryptocurrencies specifically and especially in the social media-based network cryptocurrencies, which have a type of inflation and value system that kind of allows them to have this circulation of money, right? We found a very good partnership with several of these tokens in which what we could do is accept their cryptocurrencies and trade them for goods they use every day, whether it be electronics, computers, cars, motorcycles, toilet paper, soap, food, whatever, you name it. We figured out that if we had an ecosystem, this kind of circular ecosystem where their cryptocurrencies come in and they get traded for goods and services and items they use every day in this ecosystem, that they would actually be practically using these cryptocurrencies. Now, uh, as BitcoinNYK.com will facilitate this, it will collect the profit from their cryptocurrencies in exchange for these goods and services, which will be shipped to them in their prospective lands, regions, or areas, uh, through, um, either stores located in their areas or wholesale distributors in our areas around the globe. Uh, once that happens, as far as the BitcoinMYK token is concerned, the value in the extra, uh, collection of profits from their cryptocurrencies and the value of it, how does that affect our markets, right? And is that profit? Well, what we have to understand is that our token, uh, is not— is part of a fork. You get it free. You don't have to buy it or anything like that. If you buy it, you probably buy it on a third-party exchange from another person who's holding it, right? Uh, so it's no guaranteed profit in this. You're not guaranteed a profit, you're not guaranteed to make any money. But what we found is that through our system here, through our own system, what we can do and what would make the token more valuable, and in turn this could definitely affect the market price over the exchanges, without us guaranteeing you profit or anything like that, or depending on speculation, is that as more value comes in through these various partnerships we have with these social media networks in which we accept their cryptocurrency for these variety of goods and services, is what happens is the value goes into the BitcoinNYK token as well. So what's happening here is then you'll be able to go here on our website pick up anything you can imagine. Um, because, uh, we're connected to these wholesale shops, um, we're able to pretty much get any item that a person would want to buy. Now what will happen is as this continues, the value goes into the BitcoinNYK token, and that allows you to be able to purchase more and more of these items with your BitcoinNYK tokens. You probably could have got on the site just by joining the site, just by collecting them and earning them free. uh, from us on our site and using the marketplace to purchase anything. Of course, being able to use your BitcoinMYK, uh, tokens to purchase just about anything imaginable creates this great utility for it. Now you can use it for anything. You don't have to try to liquidate it into some fiat currency or some other cryptocurrency. You just trade it with us. Your whatever good or service you're going to buy with that, it gets sent out to you. right? Um, and so the idea behind all of that is that the value of what people are willing to sell our tokens for and let them go for will have to come up. Because let's say, just for instance, on our website you can buy— for each, um, BitcoinNYK token, let's say you'd be able to buy $1 worth of goods and computers and a variety of things like that, right? So then it would make it so it wouldn't make a lot of sense to take it on exchange and sell it for less than a dollar, if that makes sense. And it also creates the utility of BitcoinMYK being treated like a money, which is our goal, and a convenient way to transact your business and purchase items online over the system, right? So we're very excited about that. We are starting to get a great deal of support from the social media communities. Many are waiting now to start to purchase items. We think by the end of the week we should be pretty much ready to go and have the items put together in store. And that way they can start to purchase these, a variety of items within their particular cryptocurrency. So that's going to be very interesting to watch. It's going to make BitcoinNYK a much more valuable token and one that you definitely should be claiming. You can claim them now still for free over our Universal Basic Income portion, and you can earn them doing other things like offers and playing games as well on the site. Failure to claim in a calendar month means you have to claim the next following month. So it's very important that you use the site, you participate, because you definitely don't want to miss the boat on this token. This token has a very interesting future, and I believe a very good one that's going to be very beneficial to the cryptocurrency community as well as solving some of the most important, uh, problems and issues that exist in the cryptocurrency space that aren't being met today. Guys, if you like content like this, don't forget to like, subscribe, and until next time, take care.
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