Bitcoin Vs Energi/$600 NRG Airdrop/$10 BtcMyk Token Airdrop

electricity than several countries together. It burns billions of dollars in electricity, and we see this as so unnecessary. If Bitcoin were to replace the whole monetary system and financial markets, it would use more power than the entire world produces. Completely unsustainable, isn't it? I think that as an environmental problem of concerning scale, it's my belief that the trend will look for something greener.

There is a global awareness about the importance of being responsible with the An unsustainable Bitcoin. Hey you all, and welcome back to the channel. So today I want to talk about Bitcoin versus the Energy Coin, or the NRG Coin. And, um, this energy— the Energy project is one that has come on my radar recently here, but it's been around for, um, over a year now. Uh, it's been around quite a bit of time and it's been developing and growing. And, um, somehow it— my radar didn't pick it up. But, uh, right after I took a little bit of time with the product, uh, the project, and I start to see, uh, exactly what it was all about, then I start to understand, uh, exactly just how important this cryptocurrency was. Now, I'm not going to spend this video really explaining all of the mechanics of how the Energi project works. I've done that in other videos, and I'll try to leave links in the description to the video tutorial that talks a great deal about it. But we're going to briefly touch on some, some of the important factors. Of the Energi cryptocurrency and kind of do a head-to-head with it against Bitcoin. So what we need to understand here is that the basic idea of how Energi works is it's basically running on now a proof-of-stake algorithm. And as the host of the Energi channel was were laying over to us that if Bitcoin became the, uh, the money of the world, the digital currency of the world, there wouldn't be enough electricity to sustain Bitcoin. So it's kind of weird to me. It doesn't make a lot of sense that we're kind of, you know, running, um, going forward with Bitcoin the way we're looking at it and institutions getting involved with it. Although I understand the importance of the infrastructure of Bitcoin and the security of the network, this isn't really a good foundation to build upon, right? Because you— the problems that are inherent with Bitcoin, and that's what's moved many of us to believe that the future of cryptocurrency has the Bitcoin replacement at some point in time. Now I'm not necessarily saying energy is that, but I can tell you this, that it does have many of the components that I think we will see in the future as a replacement to Bitcoin. And I know a lot of Bitcoin maximalists don't like to hear that, but just looking at the data and the facts, I think this is what we're, we're faced with. So let's kind of do some head-to-head comparisons here. And let me explain why I think over the course of a very short period of time here, we're probably going to see the Energy Project or the NRG coin in the top 20. So proof of stake versus proof of work, we've, you know, we've pretty much covered that throughout cryptocurrency space. Many of us the pros and cons of each one of them. Proof of stake generally relates to where you're staking and it's not as many resources and servers that need to be run, thus destroying the environment, whereas Bitcoin, you have to actually use the proof of work algorithm. Now, what's so special though about the adaptions you can make what Proof of Stake as Energy is doing is using something called decentralized governance. And that is when you have the community electing and voting on the proposals that need to take place. And so thus you still get the very core idea of decentralization, and that is delegation, right? Delegation to a smaller group that represents a larger group. And interesting enough, that is the definition of decentralization to delegate authority away from a central authority, right? And these powers go to a smaller group that is elected and they represent the larger group to save the resources. So that's very important in our future models, how we go forward with cryptocurrency to create really a sustainable model so we don't hit this brick wall that we're up against. Not to mention again, the destruction of the environment when we're in so much trouble environmentally-wise these days and needing and looking for greener solutions, right? This is the height of many of our political debates and issues today. And so this is something that will become and has become unavoidable. So energy has the up on Bitcoin in that way. But not only that, think about their decentralized governance model that works, which basically means the Energy is basically a fork of Dash, right? And if you understand how Dash works, their masternode community of tokens mined, about 10% of all the tokens mined, got— gets pushed into a treasury. And within this treasury, the community, community can vote to have certain actions taken. They can, they can have develop— they can hire developers to come in, they can pay for advertising and marketing, they can fund projects, charity projects, and just a host of things. Just a— this is so important because the big problem we had within Bitcoin was that within Bitcoin, as far as marketing and branding, because it's decentralized, there was no means of being able to market for Bitcoin? Who was going to be incentivized to market for Bitcoin? Now, in my mindset, in my very altruistic mind, I always thought that to get around this, the biggest benefactors of Bitcoin would have to wake up one day and go, look, Bitcoin has made me a billionaire. I need to be doing more things to make, to bring Bitcoin to the masses. I need to be making movies about Bitcoin. My, my fortune. I need to be giving Bitcoin out to the general public so they become aware of it and they can try it, and now they want to use Bitcoin. I need to be putting money into the education of Bitcoin and a variety of things like that. But we wouldn't get any of that because nobody felt that was their role or job, and nobody would step up. It's only now with these great ideas like the centralized governance that we're able to solve these things in a decentralized, transparent way, uh, where everybody can see what's going on, uh, and vote. And then you have the representation of the community. This is something that has put me on a course that I haven't been so much pro-Bitcoin these days because I found that the mining that goes on in Bitcoin is not only not decentralized, but neither is the development of Bitcoin decentralized, and neither is the wealth. Now, Energy Cryptocurrency seems to be approaching this from several ways. First, they're doing this tremendous large airdrop, giving out a tremendous amount of cryptocurrency to everybody. 100 of their tokens, which had peaked, I think, around $10 or so, $9 or so, and it's still holding great even with this great pullback on Bitcoin now. Of about $6 and something. So that's like over $600 at this point in time given away to the public through this airdrop. Now, that is important for the decentralization of wealth. Decentralization is a very broad term we seem to forget and misunderstand. In our view of decentralization under Bitcoin, we look at it like as long as it's happening on a separate server. We do not consider that that separate server could be owned by one entity. And so these are cons against Bitcoin. You know, in my view at this point in time, one of the biggest pros to Bitcoin is just its branding, is the pedigree of Bitcoin, right? History of Bitcoin that it has, um, been able to stand the test of time and it survived. It kept coming back again and again. But I think days are coming when, uh, we might just find better useful products that to where, uh, Bitcoin I think will remain a big factor in cryptocurrency as a stable of, uh, or staple of, uh, of, uh, stability. Right? But I don't think it will be number one, you know, going into the future. I think it will be more like gold with not as many, um, people using it, because even in today's terms, many of us don't use gold. Uh, only maybe some of us that are wealthy store gold. And so, uh, you know, in that way, I think projects like Energi are going to replace that. But, um, you know, in addition to that, uh, the tremendous amount I think of, uh, uh, or the abilities you can do with, um, a community being able to use decentralized governments to, to come in and address the problems wrong with the cryptocurrency. The community, community could act and make moves to change things, whereas Bitcoin can never change, and people do not want to change it. That's been the big basis of the forks, right? So, uh, even if we take the Bitcoin's gaining, a lot of institutions now getting involved in Bitcoin, we have to remember something about these institutions. These institutions are going to go with the victors, right? And when you're no longer the victor, they're going to pull out. And so what we're saying with Bitcoin today, as we try to understand the value, what's causing it to go up is many of us have failed to understand, uh, is that that doesn't have to be the case tomorrow, and it probably more likely won't be. Uh, we've seen this major pullback in Bitcoin here recently because, you know, it was just going straight— no cryptocurrency can just keep going straight up and up. But, uh, we never really got a very good understanding of why Bitcoin went up in the first place. You know, some people, uh, The best explanation I could come up with was Facebook Libra coin, right? People knowing that Bitcoin is going to be higher one day due to Facebook Libra coin. Now, some people start trying to say things like the CFTC approval of Ledger X, and they've said things like the venture capitalists who are coming in now and the bigger institutions. Now, my problem with those theories were that these things were already factored into the market, you know, like a year ago. And why all of a sudden now would they jump up? It was only with the latest news I found that it made Bitcoin really trigger, and that was after Facebook released this white paper and was basically saying, or the Libra project, and basically saying that we're now looking at cryptocurrency as the way of the future. And so this is something you got to get used to. The things that have happened with Bitcoin this year, I just don't see that these things weren't already factored into the market. And so the fundamentals of cryptocurrency, I think, are the most important things. I don't, I don't think following the prices are nearly as important as us understanding what's going on to push the market forward. So if we can fully now understand how important it is for you or I to vote on if we want, uh, a cryptocurrency to go out and do a television commercial to get it between 50 or 100 million people and achieve mass adoption just by us voting on this thing, if we can see the importance of being able to have that ability to do that and not just kind of stepping back and going, well, uh, this project belongs to nobody and nobody really is, um, in control of it, which are good, good to a certain extent, till it comes to the point where there's problems that need to be fixed and there's nobody there to fix them, right? So these are all something we need to, to consider as far as when we're kind of, you know, pushing these, you know, as in this comparison of this head-to-head, uh, you know, what the future looks like. Now, as we try to determine many factors from the community, I I heard many ideas about why the price of Bitcoin was going up and what was causing it. But you know, one of the ideas I didn't see or I didn't hear that everybody seemed to carefully avoid and not get out as much as the other things, that was that nobody seemed to talk about how the Tether press started going to overdrive again. And that what happens when a lot of Tether gets printed, they go and buy Bitcoin. With the additional printed Tether, right? And that drives up the price temporarily of Bitcoin, but nobody really spoke about that. The only real fundamentals I saw was in Libra coin, right? That was the only thing that I saw a big introduction of new capital and possibility of new money coming into Bitcoin. With everything else, it was pretty much just the same story we've always gotten, you know, us being involved with institutions, Bitcoin being involved in institutions, institutions is nothing new. That's always been a part of the conversation with Bitcoin. And I just don't think that's going to be enough to really start to push Bitcoin to the $100,000 levels on its own. That's not saying that Bitcoin won't hit prices like that. I think it will hit that as a subset, as a byproduct of other things happening with Libra coin and other products that are that have the ability to pour and market to tons of people and pour a lot of money into these projects. And there will be a type of curiosity into the rest of the cryptocurrency markets. But with something like a new way of doing things, right? A new project like Energy Cryptocurrency, where you don't have to wait for that, where the community can use the resources and create as much resources as it needs to go out and, as a community make a decision about the next best approach. I think that's going to create a great deal more mass adoption opportunity and problem solving in cryptocurrency than what we'll ever get with Bitcoin and many other cryptocurrencies. So again, not saying that energy cryptocurrency itself will achieve this, although I think it's off to a fantastic start. What does seem to be happening is that these type projects will be the way forward in the future, and this is what we're going to see become the number one cryptocurrencies and dominate over projects that are fully decentralized in a manner like Bitcoin, which presents many problems, as we've underlined in video, not just to the environment but to just the practicality of it. Now, um, the price is around $6 or something right now, so you're still able to claim an airdrop, 100 cryptocurrencies, 100 of these coins, just by completing simple projects over social media. And that's over $600 something. Then you will be given a referral link where you get something like 10, um, Energy coins, NRG coins, per referral. That's over $60-something per referral. Just think about that for a second, uh, how well that goes to promote and push this community for— not to mention it's doing great on CoinMarketCap. It's already pushed forward through the, through the top 100 cryptocurrencies. I believe it got as low as the 50s already. I think it's around the 70s now, did a pullback with Bitcoin. But another thing interesting I found with NRG Coin, Energy Project, as well, it seems to move almost parallel to Bitcoin. And when I say parallel, I mean exactly. I don't mean just the exaggerated movement, it's going up or down alongside with Bitcoin or not moving at all like what we get with some altcoins, which is, which is the terrible part about altcoins is they don't always move up with Bitcoin, but when Bitcoin pulls back, they always most certainly go down with Bitcoin even further than they were already down. Energy seemed to move almost exactly similar and parallel in pullback and going forward to Bitcoin. Uh, it's down about 19% today. I believe Bitcoin's down about 19%. Uh, when Bitcoin moved up, uh, several times, uh, 3, 4 times, Energy cryptocurrency moved up about 3, 4 times along with it. So this is what's looking so great about this project, and I predict we're going to see it in the top 20 and then in the top 10 over the next few months. And I think that's why a lot of people are going out buying this cryptocurrency, and the volume is looking great as well. Also, I want to put this out there besides this airdrop that you can get involved in, all these other great perks with the Energy Coin, NRG Coin. Right now, our project BitcoinMYK, which works very similar, it works on a type of decentralized governance, means that we're flexible to to make decisions, but it's all through the community voting on the people to represent it who will make decisions that, uh, make our project even better. And having that flexibility is the way of the future, we believe. But our project has that as well. And as an extra bonus, if you sign up with our link with Energy Cryptocurrency, if you do it today right now, you, you get 1,000 Bitcoin MYK tokens along with whatever you're going to get, the 100, um, NRG tokens. Now, to claim your BitcoinNYK tokens, you will receive them once you're— it's approved, once Energy approves the, uh, the signup bonus, right, the referrals, uh, which will be, uh, after their next round. As they're still giving out cryptocurrencies, they now have to do it with the rest of the community. So if you don't get them right away, Don't worry about it. You will get the extra $1,000 from the Bitcoin MYK project that is now tradable right now. It trades on the Freedom Exchange. It trades on the, uh, uh, Steam Engine Marketplace and the Waves Exchange, and it does have value. I think a token now is a little around the $0.01 range. Some, it's around $0.02 or $0.03. So some exchanges around $0.02 or $0.03. So you could be looking for anywhere from extra $10 to $40 value. Claiming these, this cryptocurrency. Uh, so what you need to do, uh, is go ahead and sign up with our link. We will leave it in the description. Go ahead, take advantage of this great project. And I'd love to hear you guys' ideas about what happened with the price of Bitcoin going up, what's causing it to go down now, uh, how do you think it's going to hold up in the future, um, looking at the head-to-head between it and the Energy cryptocurrency. Uh, what are you thinking? If you don't know all the details about Energy cryptocurrency, I'll leave a link in the description, uh, how to the project itself explains it in great detail. You can look at some of our past videos that talks about it as well. But that's all I want to say in this video. If you all like content like this, don't forget to like and subscribe. And until next time, take care.