In this promotional video, the host provides a comprehensive update on BitcoinMYK, describing it as a universal bridge cryptocurrency that supplies universal basic income to over 80% of the global population. BitcoinMYK functions as a sidechain to major cryptocurrencies like Bitcoin, using a social‑media verification key to enable secure, double‑spending‑free transfers across multiple blockchains without moving assets out of the user’s wallet. A newly added deflationary schedule burns tokens on a 1‑to‑1 ratio with monthly trade volume, aiming to create a cryptocurrency that can serve both as a store of value and a functional money. The roadmap includes a social‑media‑style network, multi‑chain bridging to avoid atomic swaps, and the launch of its own blockchain, potentially ahead of the planned 2020 schedule. The token price has risen over 1,000% on the Steam Engine Marketplace, currently quoted at about $0.34 per token (≈$340 for 1,000 tokens). Distribution occurs via a proof‑of‑participation model and an Energi (NRG) airdrop, granting 1,000 BitcoinMYK tokens to participants. BitcoinMYK now trades on three exchanges: Steam Engine Marketplace, Freedom Exchange, and plans for a debit card. The video concludes with calls to join the platform and engage via comments.
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Hey you, welcome back to the channel. And today we want to check in with the BitcoinMYK price, give you all a price update, uh, let you know what's going on with some of the future projects happening with BitcoinMYK.com. So for those of you who don't know, to understand, or to explain it rather, BitcoinMYK is a universal bridge cryptocurrency that supplies universal basic income to over 80% of the globe. Um, now what that means is that it can act as a sidechain to major cryptocurrencies like Bitcoin. Uh, the scaling problems that occur in Bitcoin, you're able to use the representative value of Bitcoin through Bitcoin MYK, move your Bitcoin. Now the, um, what makes it unique is that with Bitcoin MYK, uh, if you want to move your Bitcoin, which you can move at any time, what without moving it out of your wallet. We use something called the social media verification key, and what that allows us to do is verify that the account belongs to you. It is a unique account, so we don't have double spending, and at any time you, you're able to move this Bitcoin value across multiple blockchains. Now, in addition to that, one of the latest features that has been added to BitcoinMYK.com is a deflationary uh, uh, schedule that acts against the volume of trade of BitcoinMYK.com. So, uh, that basically means that the tokens are being burned up, uh, locked away every time, uh, transaction takes place on a 1-to-1 ratio. So whatever the amount of volume is, uh, for that, for that month, those many cryptocurrencies are basically burned. So what that means is the value, it acts in a very deflationary way. And that's very important because what's been the holy grail, we believe, of getting to where we need to get to with, in the cryptocurrency space, is kind of having this asset, right? Having this asset that could gain value, yet at the same time having the utility where it can almost act as a money. And trying to balance that out is difficult because when something's a store of value, we're finding it works terrible as a money. And when it's a store of value, or rather, when it's a money, we find that it doesn't work very well as an asset. But through a gradual formula that we believe that we're starting to zero in on, we can kind of have a gradual, hopefully, rise in the value of our project through the token burn in relation to the amount of volume done every month, uh, and kind of create this money utilitized, uh, cryptocurrency whilst at the same time making it more like an asset for you. So not easy to do, but we're experimenting to see if we can get that done. At the same time, BitcoinNYK has a type of social media, uh, feature kind of reminiscent of Facebook, And so the network is building up and we are in a growth, in a very much in a growth stage at this point. Kind of ahead on our roadmap, we're basically use our bridging system to link to multiple blockchains. That way we can move our cryptocurrencies from several blockchains without you having to go through atomic swaps and having to buy other cryptocurrency. So it's a very ambitious and we think it's going to be a very utility-wise, a project that works quite well. But we're pretty much ahead on our roadmap because we did plan to create our own blockchain where you can mine cryptocurrencies with the project in 2020. Our testing is ahead of schedule, and it's looking like our blockchain may actually launch in 2019. So we're definitely excited that we're headed to a the, the schedule and that. Uh, definitely like to be ahead more so than behind. But taking a look at the price here, uh, we're now seeing that BitcoinNYK is up over 1,000%, uh, on the Steam Engine Marketplace. The Steam Engine Marketplace integrates into the Steam blockchain, uh, and, uh, this project, we're very excited to see that it's starting to perform quite well because really at this point in time, the way we gauge our value in the project is by the users and the, the membership growing on the platform and the value that comes into that. We understand that being a part of a network and transacting that value back and forth to one another is what really gives your cryptocurrency value. Having a community, having people that want to use it and can find use within in your cryptocurrency. And so we're finding many workable ways for BitcoinNYK to serve the cryptocurrency community, along with it being this viable money moved through this social network with other features that integrate into other projects that basically allow it to be quite more versatile. You, these, the The cryptocurrency, it didn't ever have an ICO. It's not— you can't buy it from us, but you can use what we call the proof of participation model, where you could come on the website and you can actually obtain the cryptocurrencies by participating on the website, completing offers, and a variety of things like that. So it now trades on 3 exchanges: the Steam Engine Marketplace, the Freedom Exchange, which is reminiscent of Binance that will be offering various— in the near future, a debit card. And you can buy cryptocurrencies like STEEM directly through the Freedom Exchange. So, you know, very, very awesome things happening with the BitcoinMYK project. Uh, also, uh, just a quick reminder too, you can also now get BitcoinMYK, uh, uh, tokens free simply by, uh, completing the Energi cryptocurrency airdrop. Um, if you register with our link and if, if you're approved by the Energi project by completing the simple steps to get what's now I believe over $700 to $800 airdrop from the, uh, Energy Project, the NRG cryptocurrency. Once if you use our link and if you're approved by them, you will receive 1,000, uh, uh, basically, uh, Bitcoin MYK cryptocurrency. So we'll leave a link in the description, and at the current price of Bitcoin MYK, I believe that's about, uh, it's somewhere about something like, uh Oh, uh, $340, uh, uh, about $100 and— oh, my math's about $170, about $170 value, right? If my math is correct, and I think it is, uh, because a Steam dollar— this is being quoted in Steam dollars, and a Steam dollar is about 30 to 40 cents, right? And, uh, that's where we're at, right? It's at 34 cents. So 1,000 times 34 cents, so that's like $340. So $304, that's $304 value, uh, along with whatever you get with the Energi cryptocurrency project. So, uh, um, we think that's awesome. You can join today, or we'll leave a link in the description. Um, and, uh, just a lot of great things happening, uh, with the project. Uh, but that's all we want to say in this video. If you have any questions, comments, or concerns, uh, please let us know. Leave a comment in the comment section. Don't forget to join BitcoinMYK.com. And until next time, Take care.
