
Bitcoin MYK is up 20%, but the creator says the real point isn't trading it. The coin is free to mine, and the actual value comes from using the decentralized social platform built around it, which aims to address automation-driven poverty and support universal basic income.
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Welcome back to the channel. I hope you guys are having a great day. It's been quite a while since I did a video, quite a while. Uh, not a whole lot going on in cryptocurrency, um, uh, especially in the altcoin, I guess, area, community. Of course, we've never been a hype project or anything like that. Uh, up 20% today. Bitcoin MYK continuing its climb up. Um, and so, uh, what's the future of Bitcoin MYK looking like? Again, this has always been a very steady project with a long-term outview. And so, uh, the growth under Metcalfe's Law of Bitcoin MYK, uh, ideally that continues. Now Uh, full disclaimer, when the prices do go up, when the value goes up, etc., uh, we greatly encourage you to use the platform where through our process of mining and minting the cryptocurrency, you can get it free, right? This is a free project. It is experimental, uh, and it's meant and designed to build value. In many cases, people who actually use the project, they gain a great deal more value than those who just kind of speculate and buy the cryptocurrency. The true value comes from the use of the project, the social media platform that puts as its core message decentralized social media that the community owns. Very important in my In my point of view, it doesn't make sense to supply all the content for social media, in essence be the main product, and get nothing for it. Uh, we believe the future of social media is going to solve a lot of problems, uh, in the future. All right, so I'm not going to spend a whole lot of time on this video today. Uh, this video is just about letting you know the project's still going on. I think it's the last best project in cryptocurrency. I do think it's going to take, uh, time for it to really get where it needs to be. It's going to be a very slow process. It's going to be a passion project of people who really believe in the concept of universal basic income. People who ask questions like, um, how long has the project been going, they ask questions like, why isn't it, uh, you know, uh, performing like at a top 10 cryptocurrency, top 100, or what have you. You know, why can't they get rich off it? Why they're not making a lot of money? I think these people miss the point of the project, right? This project is to solve problems with the future of automation, to solve the problem of poverty, especially in the United States, which can be solved a great deal easier maybe than in some other lands. And in some other lands, it might be even easier. It is a global initiative, but certainly in Western countries, it's an initiative that should have occurred already, in my opinion. If you don't believe me, you can just go Google and do some research on what it would cost to end poverty in nations like the United States, right? You know, so this is the first question shouldn't be about Where's— what's the price? What's it doing? It should be in its use and the initiative of what the problem is trying to solve, right? People who come in who speculate on this project, that's going to be most of the people who are going to just want to buy it and, and sit on and hope they get rich off it or make a bunch of money. Those, those people, I would say, don't understand the project, right? Uh, or they've been, I think, exposed to the worst elements of cryptocurrency, all the negative parts, and they all pretty much in the same way. You know, most of these speculators in cryptocurrency they go down the same path, and it generally doesn't end well for them, right? And so that's what we're trying to avoid here. We're trying to do something different in relation to this. So if you've been one of those people who've been in these bad cryptocurrency projects, they get hyped and pumped up and then they go nowhere, then they're no longer around to be found, you probably need to ask your question why that is and, you know, why that keeps happening. Repetitively. Uh, with BitcoinMYK, this is a project that's gonna be around for a long time, I think, and I hope. Um, and it's gonna be a slow project, right? But hopefully it'll be a rewarding project, especially if you use it in, um, the way that we use our day-to-day social media. When I check in on Facebook, uh, I'm just going through my day. If I check in on Instagram, whatever it is, uh, you know, you're going through your normal day, uh, and you're getting your news and you're getting whatever. So that's the, the idea we're trying to drive home, you know, with this project, right? That those are the things you should be looking for. Um, I think that's all we want to say in this because I don't want to drag this video on longer, but we are still around. And, um, you know, as evident and seen, people are still using the project, and hopefully the project still going to continue to grow a great deal of value. That's all I want to say in this particular episode. Uh, until next time, as always, take care of yourselves and each other. Don't forget to, uh, set up your account at BitcoinNYK.com. It's completely free. Get active in that. Uh, hopefully it's going to be a situation you look back and, uh, we're going to be glad you got in and got your, uh, your wallet set up and such. Uh, it being absolutely free and all, uh, not missing that move and trying to understand the dynamics of of what's happening in cryptocurrency and why maybe many of the projects you are in aren't working out well. You're not being rewarded properly in those projects because maybe those projects weren't built to last. I think BitcoinNYK is. I think it's covering the proper bases of issues that are going to matter in the future, perhaps in the near future, perhaps a lot sooner than we think. Think. But that's all I want to say. Until next time, as always, take care of yourselves and each other.
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