Pulsechain Sucks (Response)

Shane, uh, and we've seen how, you know, other Ethereum forks kind of died off. But what he fails to mention, fails to realize, which is so, so obvious that it strains credulity and it calls into question whether he's even arguing in good faith due to how terrible an argument this is and how obvious the rebuttal to this is, is that the biggest distinguishing factor is the community. The tech does not matter if no one gives a shit. Like, there's objectively, uh, faster, cheaper chains out there. There's Solana, there's, there's other ones, right? But they don't have a community. The great thing about this ecosystem, which sets it apart from everyone else and sets it up for success, is the fact that it has a community. In order to kind of, I think, frame this in a way that people outside our ecosystem might better understand, um, because I remember, man, during the previous cycle it was so narrative-driven. It was DeFi summer, then it was, uh, NFTs, there was an AI hype wave, and then there was, you know, one or two— there was an oracle kind of narrative for a little bit. And so often these projects, these tokens, need to rely on a narrative in order to do well, in order to pump. But even meme coins. But in another, uh, you know, if we kind of attempt to frame and understand what a narrative is in a different sense, essentially it's just a hype community who's really excited about it, right? That's essentially what creates a narrative, which is exactly what PulseChain has, except unlike a narrative that's fundamentally, uh, you know, um, uh, dies off over time or has the potential to die off over time, a community, a fervent community sticks around Over the long term, there's a bunch of people that are in this thing for at least the next 15, 12 years, right? That's what fundamentally sets us apart, uh, which sets us up for success. There's so many other projects we spend—

Welcome back to the channel, and I hope you all are having a good weekend. I hope the video is coming across, uh, clear for you all. I want to kind of be quick with this today, um, I came across a few videos that I thought were interesting and I just wanted to give my thoughts on them real quick. Uh, the video in question I think we're talking about, it was called Why PulseChain Sucks. Uh, I also came across this video, Why the HEX Ponzi Scheme Scam Goes to Zero, right? I thought they were interesting videos and I want to give some replies about them. Now the first video, uh, is done by a person by the name of Jerry Banfield. Jerry Banfield might be the single most influential person when it comes to onboarding people in the cryptocurrency as an individual that I'm aware of. Uh, it seems through 6 degrees of separation, uh, um, Jerry Banfield is responsible for getting a lot of people in the cryptocurrency, right, including myself. And so, you know, I think a lot of people are probably somewhat aware of him through some form or another. I think that's, I think that's extraordinary, right? I think that's a good reputation to have. Now, it seems like Jerry Banfield is on a very objective look at many of these cryptocurrencies. Some people don't think he's given an objective look at the PulseChain ecosystem. I venture to disagree with that. I think Jerry Banfield's view of PulseChain, I think it's a normal reaction for most people. And so I guess you can say this is a response of a response or reply reply video. But there's a part of this Pulse ecosystem, there's a few channels that are popping up and all these guys are new to me. I don't generally remember all their names. I think this one's called RH Max or something like that, and I recognize the other guy in the video. Uh, I was talking about Hex back in 2000. I think it was like the first channel to talk about Hex, and there's reasons for that, uh, that I won't get into in this video. But so I was one of the first people— I think I was the first person to make a video called Why Hex Is Not a Scam, right? And, and got thousands of thousands of views, and I I talked about reasons why I didn't think Hex was quite a scam. This is like way back in 2018 somewhere. So these guys are new to me. I don't, you know, I don't really know much about them, but I like to pay attention to— let me put it this way, guys, you know, back in school when I played football, I remember my coach, we would focus on the trouble areas. And our offense and our defense, right? We didn't focus on just the good parts of making touchdowns and such because the problem areas is what you need to focus on. So when I see all these hype videos about the Pulse ecosystem and HEX and such, I'm more interested in the critics, right? And I don't see a lot of critical videos of HEX, right? I don't know if everybody's just putting their— a lot of people put their money in and hoping for the best. Uh, or, or some are just waiting to see. And then you got some people who I think give good objective analysis, and that doesn't mean talking bad about Pulse, but it doesn't mean talking good about it either. And I try to stay somewhere in the middle with it. It's just I focus now more on the trouble spots because I think those are the more important things. And, uh, in the past I have done more so on the positive, right? So I've kind of been in both areas, right? But what I can see a problem that comes up a lot from their argument is community. People tend to think community will triumph over a good, over the condition of a project as to say, as long as people are in and there's a lot of hoopla about it, that that's enough to make your project good. And whereas it is an indicator you're on the right track, I would remind a lot of people that a community can leave overnight. And we've seen that in cryptocurrency when those prices start to fall and dump. We've seen those people hightail it out of there in less than 24 hours, right? And that is because even if you had a community, if you have funky fundamentals, it's just not going to work. So this constant argument about who's streaming, who's getting it out there, the arguments about a community making a cryptocurrency, whereas it is a half, it is a half-right viewpoint. The problem is every cryptocurrency that failed that was significant had the great community. Even if you look at something going back way before many of you all came on the scene, like BitConnect. BitConnect had the best marketing, had a great community, had relationships with banks and credit cards, was a top 10 cryptocurrency. All of that, right? All of that. Had everybody promoting it as such. And what happened to that? Look at FTX. You got Tom Brady and all these celebrities promoting it, doing multimillion-dollar television commercials. What about Celsius? Did they have a terrible community? What about Luna, right? Did the community— did having a community save them somehow, right? No, no, it didn't. The other argument that gets pulled up a lot is from the idea of centralization That's a major concern, right? Listen guys, if your project is centralized, how it's been brought up, the Pulse ecosystem is, right? Do you not understand that that's the main principle of cryptocurrency? So if you're— if the argument then becomes that it doesn't matter if it's centralized, as long as the person holding all the, the value of the chain is benevolent and he can decide, you know, what direction it goes is always going to be good on his behalf. You don't need cryptocurrency for that. You may as well just make a centralized, uh, chain similar to how they say Binance runs, right? They're, you know, that's neither here nor there about the condition of a blockchain or cryptocurrency, right? So that, that's why Jerry Banfield makes that argument a lot. He— what they didn't bring up, he also makes the argument about there only being like 300,000, uh, you know, users on, uh, in the system, you know, authentic wallets, where, um, the value for this project to be $40 billion would mean that on average, each individual investor would have to invest astronomical amounts of money when we know in reality the average crypto investor is probably under $100, you know? And so that, you know, that sets off a lot of red flags. And then when they bring up the argument of arguing in good faith, that Jerry Banfield is not arguing in good faith, I would turn the question back on them. Are they arguing in good faith? Are they not the ones who have these, their bags in PulseChain? And if so, are we going to ever get a balanced argument from them? Because part of the issue is, uh, our crypto media is influenced by the projects they're invested in. And if they don't give us full disclosure of how big the investment or what they're invested in, then they have, uh, uh, they have an incentive to talk good about those projects. And we're never going to be warned about bad projects, right? So I hope that, you know, makes sense to you all. Um, now this other video where this guy by the name of Gerard, um, I just find his channel today. What is it, Gerard something? He's talking about the HEX scam and it going to zero, right? Now I just want you all to see what some in the community, uh, is saying about it. I'm also going to look at some of my videos and see because market sentiment is important And sometimes when I do these videos, people tend to think, oh, I'm just ragging on, uh, you know, Pulse or HEX, and people are doing it for no reason, which I'm not. I'm just being objective to it. But, um, you know, people tend to think that way, and they think nobody else thinks like that. They feel like, uh, you know, it's just people who don't understand, or it's something they're missing. I don't think it's that people don't understand. I think it's that these people are looking at this objective And, um, you know, I think you have to again turn that question back on you. Are you just hyping up these projects because you hope that it's going to make you rich and you got your money in there, right? What do you now have your money in there and, uh, wish it not to be in there or not? It's too late for that. So if your money is already stuck in there, some people are going to be more prone to promote So they can have the exit liquidity, right? So it's hard to get, uh, good media in cryptocurrency, and we're trying to provide you that. And I think that's the reason we do these videos. Also, we can't just talk about our project, uh, and we need to contrast it, right? If we're saying our project is big and bad and great, BitcoinMYK, then it needs to be doing as good as these projects you all think is doing great, right? If it's just— if it's better than them, and we wouldn't make it unless we thought it was as good or better, then there has to be a contrast, right? Richard Heart, same thing. He said HEX was better than Bitcoin and the other projects, right? So we wouldn't be doing anything different from that. Uh, but just giving you some market sentiments, what other people think, right? Um, let's see here. Okay, this guy says, David Rickman, I predict Richard Hart's next scheme will be a charity to help everyone who lost their savings in his last scheme. Of course, as the head of the charity, Richard Hart will get paid for his work for the charity, and his unique expertise will justify him getting a huge salary from charity. That is interesting that Richard Hart certainly believes in pay himself first. Uh, this guy says, my man, Garar Duncan, our hex will age like a fine wine. Um, this guy just spitting out the truth. Uh, and of course that's some hex supporters, but I don't want to, uh, you know, again, this is about, we want to get the sentiment of the people who, uh, were um, you know, who see problems in Pulse, because we definitely want to get both sides of the, of the coin, right? Um, and we'll link the video. Of course, I had my input. I said, I'm, um, I'm glad it's still intelligent thinkers in crypto. I now see why scams have done so well in this space. And of course Scams are popular for a reason. They do well for a reason because a lot of people have to go into them. In fact, that's the main reason why Richard Heart set up HEX to look like a scam, because he knew a scam-looking project would be popular. But the problem with that is that says a lot about us, right? And what he thinks about us as investors, right? And that's a problem because if we prove that to be correct, We got a problem from Jump Street, right? That that's how what we're doing. And when I see the meme coins and NFTs, unfortunately, you know, we have to acknowledge that there is a lot of factual truth in that. All right, so back here on some of our videos, interesting comment from Cryptoria in relation to our direction in the Pulse community and our project. He says, how will your project ever succeed if you spend your time FUDing PulseChain? Stop wasting time. Now, thinking of, or speaking of, good faith arguments or good faith comments, I will use that in this particular example. Uh, Cryptoria, I think he's visited us several times already, and we're glad to have him here on the channel and giving us commentary. But I would ask Cryptoria the question, is his comment in good faith, right? As to say, uh, I would, I would like, if all possible, some full disclosure on his Pulse and HEX positions, right? I'd like to know if he's truly concerned about our project succeeding. Um, and if so, um, I would also, uh, you know, ask that or hope that he's, he secured his BitcoinMYK, that he's moving through the process of, of getting in our great ecosystem, uh, of BitcoinMYK, uh, and, um, getting well, well positioned in that because that might be a good move. That might be a good move. Uh, Rob, but to fully answer your question, let's take them over to BitcoinMYK and let's see if, uh, this flooding, as he calls it— I would call it objectively looking at the Pulse ecosystem— but the flooding, as he calls it, let's see if we're able to do that and go forward with BitcoinMYK. I'd also, you know, make this disclaimer that Richard Heart, um, if, if he does support PulseChain in the HEX ecosystem, which, uh, I'm assuming he probably does, but I will wait for a response from him. But, uh, I'm assuming that he's probably aware that Richard Heart did the exact same thing. Nobody questioned him about wasting— well, maybe they did, I don't know, because a lot of people was upset with how long he, you know, took to launch his projects. But Uh, he was always talking about how bad Ethereum was, how bad Bitcoin was, how bad NFTs were, how bad this and that and the other, while before PulseChain and HEX launched. And I, I'm curious as if Cryptoria had a chance to, uh, make a commentary on him the same way. Um, also I do think it's important to do these contrasts because the economic, uh, volume and value that goes into these meme coins and other projects, right? If we're making an argument that we're the better project, right? We're the more valuable project, then we have to contrast us between them. Like, I can't We can't tell you guys that $40 billion should go into Bitcoin MYK, but it should go into PulseChain or HEX or something, uh, without giving you guys examples as to why in comparison to something else, right? So that's kind of how we're looking at it. It's not so much we want to rag on PulseChain, uh, to be real, if we thought Pulse was a great project We would, and Hex, we, we present that. We do it with Zen. We did it with Zen. We didn't have any problem with Zen cryptocurrency, right? If we just want to rag on cryptocurrencies, no, we're being objective like the other videos and commentators and such. But here's a question now asked in our video that I think is asked in good faith, and I think we're going to answer both of these, uh, questions from these commenters. Uh, two birds kill two birds with one stone. It's going to answer both the questions at the same time, uh, by going over to BitcoinMYK. But their question from T. Shaffin is, how do you get BitcoinMYK? It's impossible to find online. The website doesn't even show how to mint it. So we're going to answer those questions right now, and I think they're going to be very satisfied with the answers they get. All right, over here on BitcoinMYK. So To go back to Cryptoria real quick, the question as to what we're doing, right? Well, looks like to me there are people joining BitcoinNYK every day, getting a wallet, sign up every day. It's not a day goes by that people aren't joining our project. So I think that's doing something, right? Besides FUDing, as you say, we call it objective unit, but as you say, these projects. I also want to say that to start a good cryptocurrency, to create one, to found one, you damn near got to be a celebrity in this space. You got to be a Google founder, you got to be a guru, whatever, billionaire, whatever you want to call them. Some people might say shyster or whatever, but you got to be somebody to do that, right? To do that effectively and to create a good project on a scale like we're trying to create. And we're just unknown people, right? Uh, I don't really— I look at it like kind of taking it from a viewpoint like Satoshi, right? I have an interesting background, but I don't think it's that important to the project. I've had years working on Wall Street, working for investment banks. I know a lot about a lot of stuff, right? But I don't think that's important in a decentralized cryptocurrency any more than it would be important to how Satoshi was to Bitcoin. I just don't think it's necessary, decentralization, right? Um, so I think we know a little bit about what we're doing. Marketing is difficult. Creating projects of this scale is difficult. Putting them together is very, very hard. And we're getting people in because we know something about that. You don't know anything about that as far as I can see, right? So, uh, so I think you should just watch us and before you say what we're doing or not doing, uh, over the last 30 days we're up over 1,000% and we're holding it. We're still there. We didn't hit it and go down like some other, other projects. Go below their ICO price or whatever you want to call it price. Uh, now to, to talk with T Chaffee for a minute, who asks a very important question, one in good faith, I believe. Uh, minting— and we use these words, these terms interchangeably— minting is done through our proof of participation algorithm. When you log on to the platform, the The algorithm latches on to you, and through your participation, you're creating the cryptocurrency based on what you do. Now, it can range from a variety of things, right? It could be, uh, making friends, visiting profile pages. It can be, um, creating groups on the site. Whatever you're doing, you're creating that network effect, helping to build that up. And what we're trying to do is decentralize dementing your mind and process to the point anybody has the technical aptitude to do it. In other words, the proof of participation algorithm does that. It does all of that, right? Your participation is what mints the coin. So, um, I, I do think it's fair in the frequently asked questions part, you can go there for most of the information, FAQ, just click on menu. Uh, well, I do think it's fair to we can, uh, make those words interchangeably more, like say minting and using the platform. Um, the participation algorithm is the same thing as minting. We just try to use that because it's creating and producing the coins, and, uh, that's, you know, decentralizing it because everybody can participate. In other words, if I was a Bitcoin miner, I have to have the mining data centers worth millions of dollars to be able to compete with the other miners to be able to even make, uh, be, um, in order to even be, uh, uh, productive and, uh, be profitable, right? So I have to have all these mining data centers, right? Uh, with Pulse, with the PulseChain, I think you have to have like 32 million Pulse, right? And so what, every time those steps are included, it it further centralizes the minting and the mining. If you look at something like Zen, they're minting on Ethereum, but the gas fees are going so high it's cutting a lot of people out, right? And the same thing seems is going to happen on the PulseChain. With us, we found ways to decentralize this network. So in very simple layman's terms, Tachafa, you're— and I'll leave a comment back to you because I just came across your comment, but In very simple, layman's terms, your participation is the minting. You just log on to the site. When you log on to the site, you're going to begin through proof of participation to mint the cryptocurrency, right? Uh, you know, if you have any other further questions about it, uh, more technical questions, as the video's already run too long, I don't want to get into them, but we, uh, we'll— we could communicate. You can, uh, we, we have live chat support here on BitcoinMYK.com, so Feel free to ask questions, and we will go into frequently asked questions thing and make a section clearly for minting and mining to help you guys understand that those are the same thing. And, uh, they're very easy to do. We are lowering the barrier entry. Everything's totally free, so you don't have to pay for it. And, uh, again, uh, we invite you to watch many of our videos and such. And maybe we'll do a video specifically on minting um, because I think that was a good question. But that's all I want to say in this video, guys. Until next time, take care of yourselves and each other. Don't forget to join BitcoinMYK today. The BitcoinMYK inflation token, which supplies the citizens' dividend, will be launching this week, and so you definitely want to be part of that. That's all I got for you today. Till next time, as always, take care of yourselves and each other.