New Automated Universal Basic Income!

Welcome back to the channel. I hope you're having a great day. So today I want to talk about the new Universal Basic Income automated system, um, that, uh, the Bitcoin NYK project has, uh, put together. Um, and what we found is that in polls taken, we're looking at now about 50% of the entire global population would opt for universal basic income. So that's a lot of people. You're talking about several billion people, right? How do we make a system so easy that these new people we're trying to reach get into universal basic income, get into cryptocurrency? How do we make a system that's easy enough to adopt them and, and without the headaches and problems as traditional cryptocurrencies and wallets. And what we've come up with is we've come up with a very simple onboarding process where if you can use a social media site, if you can register, um, as soon as you log into your social media accounts every day, uh, you're going to receive Universal Basic Income. That is it. There's nothing else you have to do. Under the ideology we have that universal basic income should be a basic human global right, we want to make that as simple as possible. And so what happens is when you log in every day, this— the automated system finds you and it puts a cryptocurrency in your wallet. As you can see here on the left-hand side of the screen, you can see some BitcoinMYK tokens that I've accumulated just for using the site. Now every day I'm logging in, I'm going to receive a BitcoinNYK token as for my universal basic income portion, right? And, and that's the same with everybody. Now in addition to that, you're going to be able to earn more and more of our cryptocurrency based on if you're adding friends, if you're engaging, if you're participating. And, uh, this is such an easy system. We— what's so great about it is anybody, uh, who can use a website, who can use standard social media that looks just like their Twitter, their Facebook, their Instagrams, you're earning cryptocurrency. That simple. That learning curve is a literally a 30-second learning curve. Um, and, uh, you're making— and you're able to transfer these cryptocurrencies to other members, uh, that you've added to your friend list and whatever you want to do with them. Um, now sending them off to a cryptocurrency exchange, that step, if you've never used cryptocurrency, that step will require a little bit more, uh, technical know-how, especially if you've never traded stock or bond before. You don't know how to trade these things, may require just you know, one more step. But here's the good news. Instead of being overwhelmed by the barrier of entry of cryptocurrency, just being able to log in, you're earning cryptocurrency. So you're earning them while you're trying to figure out what to do with them. Now, once you've earned and learned how to accumulate some, so you accumulate some every day, made friends Got accustomed to using the site, find out more and more about the space, cryptocurrency space, find out more education about Universal Basic Income. You're earning the cryptocurrency all whilst you're doing that, right? You're earning the cryptocurrency just for doing things you do every day online. Anybody can do this. A 5-year-old can do it. Now, after you've accumulated some cryptocurrencies, like you see here, I got 59 Bitcoin MYK tokens. Now I want to cash them out, let's say, for real cash. Now that's where you have to use exchanges, right? So from here, then that's going to be your next phase too, where you're going to send them out to an exchange. And after a couple of weeks, that's going to be an easy process. But the important thing is getting your site registered, getting your earning cryptocurrencies today, and, uh, getting your universal basic income coming to you today. And, uh, as we build up this network, it becomes more valuable. This is a deflationary token. So basically what that means is what studies have shown is that if people get a free cryptocurrency, it is a natural human tendency to value things gotten free at zero. There have been experiments where shoes that have cost hundreds of dollars went on sale one week for $20, right? And so they put these shoes out for $20 and they didn't know that, people didn't know they were expensive shoes. They were very expensive shoes, but they put them out for $20 and people passing by in the malls, they thought that the shoes were not very valuable. A lot of people just passed them by. They didn't look twice. Uh, they then the week, uh, later put them out, put their real valuable prices. These are very expensive shoes, hundreds and hundreds of dollars, and people were actually stopping to see what made that shoe so valuable. Then it became important to them. So that tendency exists. Here's what you need to understand about this project, right? You're collecting these cryptocurrencies. The network is growing. It is getting more valuable. To understand why it would get more valuable, you want to think in terms of like you think of something like Facebook, right? When Facebook first started, maybe wasn't that valuable. Maybe it was like 2,000 users, right? I believe it was called the Facebook and people like Mark Zuckerberg, uh, and just college, uh, college campuses were using it. Fast forward to years and years later, 2 billion+ people are on the site, and Facebook is worth almost a trillion dollars. Think about that for a second. That is all from network growth, network effect, and network use. So that's why you want to accumulate these cryptocurrencies, because they're deflationary, meaning that they're getting less and less in the supply, meaning the people that are holding these cryptocurrencies today could possibly, potentially, from a very, very large valuable social network like what we're building here, they could possibly see good value in that cryptocurrency. Now of course nobody knows the future of cryptocurrency. We don't know if other projects may not come up like this. I hope they do with the same model. The more universal basic income projects, the faster we feel we're getting to a better world. However, if that were to happen, in some case maybe that would maybe not make the cryptocurrency as valuable, or maybe it would. We don't 100% know, but we do know that there's a great potential to get this free cryptocurrency just by using the network and create a tremendous amount of value in the token itself and in the network, right? So there's really nothing to learn through this process to get this. If you can log on and use a social media site, you will earn the cryptocurrency every day. The system is going to automatically reward you on everything you do on the site. And again, these are just normal things you do every day on social media, right? So you certainly have very little to lose and so much to gain with this project. And in cryptocurrency where there are just so many scams going around, so many Ponzi schemes happening, getting a free cryptocurrency is the best approach, I think, to a way to approach cryptocurrency because nothing beats free. And if you're risking zero, you can't really lose, right, much. And so I think those are things we should bear in mind, but feel free to join today. It's absolutely free. Free. Uh, you will feel smarter joining. You will be earning cryptocurrency, something that's been complicated that maybe you didn't understand before, but now you're earning it just because you use social media, right? And, and so that ought to be interesting to see what happens with the project. Excuse me, our deflationary model. Uh, you know, that's one of the big issues in our money right now, as many of you probably have noticed. As you get— gain more and more dollars per day, you notice that the buying power of them get less. You know, stuff goes up and now your dollars buy less. The opposite effect should happen with a money like Bitcoin MYK. Because the supply gets less and less, it should require less Bitcoin MYK to buy more items, at least in theory. So if in some future time one Bitcoin MYK cryptocurrency is worth $1,000, The 59 that now sit on my balance would be worth $59,000. Is that possible? That's very possible in cryptocurrency. But of course, the opposite is possible. It could gain very little or it could go to zero. So all those things are possible, but you can rest assured knowing you could participate in this project absolutely free, cash money in every month. Absolutely free as long as you use the platform. So make sure that you're doing that. I would recommend setting it as your home page, that way you don't forget. You can log in daily, collect your Universal Basic Income if nothing else, and it costs you, uh, not a dime. And it costs you less than, uh, 5 seconds of your time to log in and earn this cryptocurrency. And, and that's all there is to it. But that's all I want to say in this video. If you have any questions Comments or concerns, feel free to, to ask us in the comment section. Feel free to, uh, come on the site. We have live support here and ask questions, and feel free to join us on our Discord and discuss with us. But until next time, as always, take care.