In this YouTube update, the host begins by noting Bitcoin’s price drop to around $87,000 and reflects on his earlier belief that Bitcoin’s value moves inversely with the US dollar—a theory he feels is currently validated. He then shifts focus to BitcoinMYK, reporting a massive 3,591% price increase on the day of recording. The presenter describes BitcoinMYK not as a traditional cryptocurrency but as a universal basic income (UBI) and growth project that leverages cryptocurrency technology. He explains that the platform’s value should rise with user adoption, invoking Metcalfe’s Law to argue that network effects will create intrinsic value. The video distinguishes two participant groups: speculators/day‑traders who chase short‑term price gains, and long‑term network participants who earn BitcoinMYK for free by engaging with the social platform. He advises viewers to earn BitcoinMYK through regular social‑media‑style activity rather than buying it, emphasizing that participation will naturally increase the token’s value. The segment closes with well‑wishes for Bitcoin holders and a reminder to stay safe during a winter storm.
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Welcome back to the channel, guys. I hope you're having a great weekend. Um, looking at the price of Bitcoin here, let me make sure you guys can hear me all right. Getting a little sound check here. Okay, I think we're okay. But, uh, Bitcoin's not looking so good, in the red at $87,000. It's falling pretty, pretty bad. Uh, I always felt like Bitcoin was tied to the dollar, and because the dollar's going through its woes, um, I always felt like it traded along with the dollar and it's crashing with the dollar. Uh, and a lot of people always considered, or at least thought, Bitcoin was like gold 2.0, and so, uh, it would, you know, trade, um, basically against the dollar and So the dollar would go down, it would go up. But that doesn't seem to be the case. Seems my theory seemed to be checking out, right? Just want to take a look at that, see what was happening with Bitcoin. Good luck to you all out there who hold Bitcoin. You guys know I'm a big supporter of Bitcoin, MYK, not Bitcoin, if you watch the channel. But in any event, good luck to you. All right, let's get an update on BitcoinMYK. So we're here on the BitcoinMYK platform, taking a look here at what the price of BitcoinMYK. BitcoinMYK up 3,591% today. Um, And so, you know, a lot of people have a bad experience with cryptocurrency, and I always say that BitcoinMYK is not a cryptocurrency. It just uses cryptocurrency technology. It's, uh, basically a universal basic income project. It's a growth project. We hope one day it gets billions of users. And that network effect, you know, obviously creates a natural value under Metcalfe's Law. Now, the worst thing to do, I found, is to discuss price in a cryptocurrency. And as I'm a UBI guy, I'm only concerned about universal basic income. And so I don't really care about the price. But I will say this. Um, that the growth of Bitcoin MYK and the price, they should correlate. So, you know, obviously as it gets bigger and more people come on the network and more people participate on the network, that, um, you know, it basically should grow in relation to that. Um, but here's what I tell people about the price and the value of Bitcoin MYK. Um, and for those of y'all who don't understand the difference, we're gonna briefly explain it. There are these people out there called speculators, right? These are people who don't want to wait for a cryptocurrency to grow or for it to gain value. Because what do we tell you at BitcoinMYK? We tell you it's a universal basic income project. The cryptocurrency is free. So get it free. All you have to do is come to the social network, introduce yourself like you do already today for free on the social networks you use, and they don't pay you, right? You can do that. You can get you some Bitcoin MYK for free, right? We give out good amount every day, gets distributed from the site every day, and you can just hold the Bitcoin MYK. Listen to what I'm saying to you guys who's watching the channel. You could just hold the Bitcoin and watch. You don't have to buy it. Let the network grow and push up the value. But you have, right, listen to what I'm saying. You have what's called day traders, speculators, people who want to get rich trading cryptocurrency. And what happens? They come into a video like this young lady's doing, uh, right now called Day Trading Does Not Work Mathematically. And she's absolutely right. right? And so this is what speculators do. Uh, it is how they make money. At the same turn, they can provide liquidity for the market. And so I'm not going to knock them. Uh, you know, this is how the markets work. But what I'm telling you guys is price-wise, right, or value-wise, all you have to do is come participate like you see all these people here doing. The same attention and activity you put in regular social media, you can earn as much of this cryptocurrency without buying it as the people who buy it. So it's pretty simple, guys. But anyway, I want to give you all that update. Good luck to you Bitcoin holders. I hope everything works out for you guys. And that's all I want to say in this particular video. Until next time, as always, take care of yourselves and take care of each other. Be careful, stay warm against that winter storm out there.
