Roger Ver Profitable On Bitcoin MYK Trade?

Welcome back to the channel. I hope you're having a great day. So today we want to talk about a very famous person in cryptocurrency, Roger Ver. And a very interesting title to this video: Is Roger Ver, or was Roger Ver, profitable on his Bitcoin MYK trade? And first of all, a quick disclaimer. By no means are we saying that Roger Ver is bullish on Bitcoin MYK or that he advocates for it. But something did come to our attention, actually just came to our attention recently. I wasn't aware of this, but apparently Roger Ver was holding some Bitcoin MYK. Now, The reason this kind of comes as a shock to me is because I don't ever recall, um, uh, Roger Ver interacting with him in any way. But you know, of course, our project is growing ever so big. We have had curators just giving out the BitcoinMYK, uh, cryptocurrency, and it's very likely, you know, that's what happened. They probably gave it to Roger Ver. I doubt Roger Ver is going around buying cryptocurrencies that don't have the notoriety as some of the bigger ones. And you can see here he does have a little bit of Bitcoin MYK left, but in all fairness, let's go to what Roger said about receiving cryptocurrency here on Memo. And I'm going to explain Memo in a little bit if you're not familiar with it, but it says here It looks like he received 100, and that does seem like the amount our curation team would have given Roger. I don't recall, uh, ever giving Roger Ver any BitcoinNYK, but he listed 100 BitcoinNYK. And as you can see right here, as soon as he listed it, um, where is it? I think it was right here. Says here somebody by the name of Jose Moreno bought 100 Bitcoin NYK from Roger Ver. So it looks like it was purchased from him and executed not long after he received that. And Mimo was probably the smallest of the exchanges we trade on. It's probably getting us the less volume. So I hadn't really been, uh, really paying a lot of attention to them. Market with BitcoinMYK there. But what I want to bring to your attention is here's the message Roger gave. He said that, haha, who is sending me all these random, highly questionable coins? Just noticed them. Firstly, thank you. Secondly, any value will be donated to a worthy cause. So I like the fact that Roger was at least polite about it. Because there's a lot of obscure coins out there. It's a lot of scam coins out there, we know that. Um, and, uh, it looks like what Roger was saying was that if the coins did have any value and he did sell them, and if he were to sell them, they would be donated to a worthy cause. And, uh, right, that's what BitcoinNYK is all about. You know, I know we go through cryptocurrency a lot and everybody's looking for a get-rich-quick scheme, or they're looking for the scam coin, or trying to avoid the scam coin. And, uh, so it's very surprising, I think, to some of us in the space when we see, uh, projects that maybe have worthy causes and that, uh, maybe really want to do something that's going to help people out, help humanity, and, and of course help the, the value and prosperity of everybody involved in it. All right, uh, there's nothing better than making money and helping people at the same time, I think. Um, but Roger, when he receives these crypto currencies— and again, I don't recall sending Roger Ver any Bitcoin and YK, to be honest with y'all. When I saw his profile here, I thought it was somebody just scamming or trying to pretend to be Roger Ver, but apparently I believe it's really Roger Ver because, um, It's probably likely it is because as you look at his— all his data information— also what I know about the Memo people is that, uh, they can remove scams from their, from their site. And, uh, you know, anybody who will be doing that and, you know, being, uh, connected to the bit— built on top of Bitcoin Cash, I'm sure that the Memo, when I contacted them about, uh listing Bitcoin on YK. Uh, they let, they let me know about how they could remove certain projects and things like that. So if they can do that, I'm pretty sure that they could stop anybody who was trying to pretend to be Roger Ver. So I think it's pretty clear just looking at his profile here that this was the real Roger Ver who received those Bitcoin. And I don't know how he got them. I'm going to assume he got them Probably by some of our curators. Somebody sent them to him, um, and, uh, um, he probably looked at them and said, okay, well, I'm just gonna sell these cryptocurrencies for a good cause, which we love, you know, which we love it. In fact, if we could recommend, uh, a, a good charity besides, you know, well, we're not a charity per se, but I think we do have many elements being a universal basic income project. I don't look at Universal Basic Income is charity. I kind of look at it like capitalism that doesn't start at zero. But there are some very helpful things that go out to people in need with UBI as well. But if I wasn't going to recommend Universal Basic Income, not to be biased, if I may recommend the SENS project, right? I believe a lot of cryptocurrency influencers invest in SENS and Participate in SENS, and it's about life extension. And I can't think of anything more of a worthy cause than trying to stay alive, saying that we spend so much money on some of the most ridiculous things. Imagine we spend billions of dollars on trying to make peanut butter taste more peanut buttery. We spend billions of dollars on trying to make chocolate taste more chocolatey. And those billions of dollars could be going to many worthy causes. I'm sure many of us at this point feel like peanut butter and chocolate is good as it's gonna get. Um, so, uh, good deal there, Roger. I, you know, knowing that, I hope our curation team sends you more Bitcoin MYK. Um, and we'd love for you to give that coin out to different causes. And as long as people keep buying it, uh, that is all a great thing. So I guess there might be some accuracy to the to the video, right? Uh, you know, that I'm not, uh, uh, defaming or anything like that, or putting out inaccurate information or, or something like that. That, uh, is likely this was Roger Ver, and it's likely that, um, you know, uh, uh, the coin is going to go to a great cause. Uh, so that's a good thing, that's a fantastic thing. And I also want to real quick talk about Memo. I think Memo.cash does get a lot of credit deserved. This is a a pretty darn good site. You know, I've been a big advocate for Bitcoin Cash for a while now. You know, I pretty much side with the idea that Bitcoin Cash is more relative to what Satoshi's white paper was about. Because come on guys, like you're talking 2009 now. You know, many of the concepts that exist in cryptocurrency couldn't have existed when Satoshi wrote that white paper and he was peering into the future and you can only see so far into the future. Now the word is, or my understanding of this, or what's been kind of going through the grapevine was that when they found out Bitcoin was gonna have scaling issues and many of the issues to process payments and transactions And many of these things that venture capitalists, money men decided that the best way to, the best thing to do with Bitcoin is make it like a store of value, right? And just speculate on it, right? Just, you know, all these possibilities and just speculate to no end on this thing. And the problem with that became because Bitcoin then just kind of sits there and it can be this highly speculative device. It has done less in the area of economic prosperity, right? One problem with gold, in this case I guess we could call it simulated gold, was it wasn't enough to go around. And we have the scarcity in, in the Bitcoin and so on and so forth. But the problem was not making it act like a currency. Gold had difficulty getting into many people's hands and When you don't have currency, you don't have— people don't have access to cash and capital, uh, they have less economic prosperity. It is the same, uh, set of circumstances what we got with credit cards, right? When credit cards first came out, they're very convenient. They gave economic prosperity to a small percentile of the population, after which credit cards started becoming available to everybody in the economic prosperity got better. Now people had access to credit and capital more so than they had before. And that's the problem with Bitcoin. Bitcoin is ever falling into the smaller hands. Institutions are buying it up and just holding the darn thing because it's not a currency. If it was a viable currency, then that would be less likely to happen. right? Um, and so that's why I kind of side with Bitcoin Cash in that way. Um, I can only hope Roger Ver really takes a look at Bitcoin MYK. You know, we get a lot of flack about the Bitcoin in the title, and people think we put that there to try to fool or trick people into thinking it's Bitcoin. Um, you know, but the reason we put Bitcoin there was that using, um, a, uh, more of a micropayment-like system for Bitcoin and a faster system, right? And I know that already exists with Bitcoin Cash and many others, but we were looking at it more so as a way to transfer, uh, Bitcoin's value to different blockchains, right? Because in the cryptocurrency space, we had decided excuse me, we had decided that having multiple chains and a variety of options was the way we wanted to go. You know, in other words, we didn't just want Bitcoin, right? We wanted options. And so I looked at BitcoinMYK as that, and the Bitcoin in the front just signifies that if you're a Bitcoin holder, you're able to use this representative token absolutely free in relation to your Bitcoin, right? And we use it on sidechains and so on and so forth. So it was nothing about trying to make people think it was Bitcoin or confuse them or anything that way. Uh, you know, in, uh, in addition to that, if anything, I would make closer comparisons to like Bitcoin Lightning or something like that, right? To where, uh, you basically— and it wouldn't be Lightning, you know, it wouldn't even be any of the under-the-hood stuff is Lightning, so it wouldn't even be anything like that, but I'm only relating it to Lightning as far as the designation of the name, because Lightning could work on anything. It could be Ethereum Lightning, it could be Dogecoin Lightning, it could be Litecoin Lightning, right? It doesn't have to be just Bitcoin Lightning. So I think hopefully that, that, uh, clears up some of that confusion about why that Bitcoin name's in there. It could have been any name. It didn't have to be Bitcoin, right? But of course, Bitcoin being the biggest network, it just kind of makes sense to do that. Um, but, uh, having these Bitcoin-like properties and combine it with universal basic income, uh, that is the theme of our project. And, uh, it runs on a freemium service model, meaning that you don't have to buy the token. So a lot of people are worried about scams. A lot of people go around. We are fortunate to stand on the shoulders of giants And because of that, we're able to piggyback off their blockchains, which means we don't have to pay electrical bills. So we can use freemium services. You can get the tokens free and you can, you can use them on these bigger networks, right? And I think that's a good thing. I think that gives people some options as to, to where they want to go and experiences they want to have. And, um, and we're still very much connected to these, these chains, right? Uh, so definitely hope Roger Ver takes a look at that and, uh, considers, uh, uh, and as I said, we'd be very happy just to have him giving the cryptocurrency out. Maybe he can go back to his old Bitcoin Jesus days where he just gave Bitcoin away. And I think that's probably what Roger Ver wants to get back. I'm sure he was more happy doing that because I'm very happy giving out Bitcoin MYK And, you know, that's why we champion and advocate for universal basic income.

There are fewer and fewer jobs that a robot cannot do better. What to do about mass unemployment? This is going to be a massive social challenge. And I think ultimately we will have to have some kind of universal basic income. I don't think we're gonna have a choice. Universal basic income. Universal basic income. I think it's gonna be necessary. So it means that unemployed people will be paid across the globe?

Yeah.

Because there is no job, machine, robot is taking over. That's simply the— I don't want to be clear that these, these are not things that I think, that I wish would happen. These are things, simply things that I think I think probably will happen. Um, and since— and if they— if, if my assessment is correct and they probably will happen, then we need to say what are we going to do about it. And I think some kind of a universal basic income is going to be necessary.

Oh, so I also just want to take a look at this list when we're talking about universal basic income. I know some people in cryptocurrency are trying to figure out Um, is this— why is this important in cryptocurrency, you know? And, uh, I think one of the, the best answers I heard to that came from inside cryptocurrency, uh, from someone who says something to the effect of, uh, universal basic income, uh, is not some type of socialism, it's not some type of handout. But what it is in cryptocurrency is it is the ultimate airdrop that gets the end user hooked on the cryptocurrency, right? Kind of think about these commercials where you're looking at your favorite burger and, uh, as you're looking at your, your favorite burger, it's maybe something like you can get it for a buck or you can get it nearly free, right? And you go you go there and you get that burger, and every week you're going to get that burger, then one day that burger's $4 or $5 now. So it's not that the burger is free or almost free or less of value, but it has kind of come that way. So, uh, I think a cryptocurrency— there's also different style forms of universal basic income, but that's one way you can look at it as well. Uh, so universal basic income can also be about market stimulus. It doesn't just have to be about you know, giving away everything free and you end up with a market with no value. This is interesting. And these are famous people all over the world, but just some people who are advocates for universal basic income, just so people don't think we're quacks or you don't think that we've missed something. I think from this list, you'll begin to see that there are people who are very intelligent people. At the height of their fields, who have probably considered every turn, every negative effect the universal basic income, and still been advocates for it. And we have to ask the question why that is. But some of these people I don't know. I'm just going to try to read some of them off anyway. Karl Widerquist, political theorist and economist, so he should know his stuff. Peter Barnes, entrepreneur, environmentalist. Keith Ellison, Attorney General of Minnesota, former U.S. Congressman. Milton Friedman, as many of us know, prominent economist and Nobel laureate. So not only is he an economist and should know something about universal basic income, he has also won a Nobel Prize in economics. James Baker, former U.S. Treasury Secretary, right, the government. Peter Diamond, another Nobel Prize winner in 2010. Jack Dorsey, founder of Twitter. Martin Feldstein, the chair of the US Council of Economic Advisers. Henry Paulson, the US Treasury Secretary. Robert Wright. Greg Mankiw. I think Greg Mankiw was ranked like number 23 of some of the most famous economists in the world. And now I'm just going to try to Pinpoint the people we know. Tim Draper, we know him. Now, I didn't know Tim Draper advocated for UBI, but I sure would like to speak with him. Uh, Sam Altman, Y Combinator, I, I know him from his site. Chris Hughes, he's a Facebook co-founder. Of course, we know Elon Musk. Uh, we just watched him. Andrew Yang, the famous presidential candidate, kind of made universal basic income a household thing. Mark Zuckerberg, Ray Kurzweil, the lovely Tulsi Gabbard. A lot of great people, a lot of smart people, a lot of good people who are advocating for this thing. And in cryptocurrency, I think it can work to the best of effect. Now I know some people in cryptocurrency are saying, yeah, that sounds great and everything, but if every— everybody's getting universal basic income, they're going to be lazy, it's going to hurt the market, it's going to be a lot of inflation, there's going to be a lot of selling pressure, there's going to be a lot, a lot, a lot of. And, uh, um, I can only say in particular with the BitcoinNYK project, we tried to take many things that into consideration. And we tried to take many, put in certain theories and tokenomics that we thought could combat such things, such ideas, if they were to some effect true in that regard. Now, I don't think they are per se. I don't think universal basic income necessarily creates inflation. I think that in cryptocurrency, yeah, you could have selling pressure, but you could also have a lot of growth. So there's a lot of things that, that can go on with that. Um, and as our network is growing, it's proving to us that that is working and people are looking to it for economic prosperity. Um, uh, I, I can also say like BitcoinMYK, it kind of simulates the Bitcoin halving. So there are tokenomics at play in there as the network gets larger. Cryptocurrency supply, it does reduce. There's a social network attached to it to accommodate that growth. I think that's very important in case we do get a situation like Facebook and have like $700 billion valuation or something crazy like that. That would be nice as we could turn around and hopefully feed people. Um, uh, what else do we got? And I, and I think the other thing, just from a trader investor standpoint, a capitalist standpoint, because I want to be clear here. You know, a lot of people get it wrong about, uh, universal basic income, especially the version I understand. And what they make the assumption of is this some type of socialism, everybody's going to get the same, everybody's going to earn the same. So they confuse it with socialism, but that's not what universal basic income is. Universal basic income, everybody gets it. And the people who get it who don't need it, if they put it back in the economy or they go spend more at their local businesses and so on and so forth, they can create stimulus through the markets. Everybody can create a stimulus through the entire marketplace, right? The economy is complicated. It doesn't per se work like we, uh, think it works, right? So there's a lot of things can happen, uh, that, uh, aren't in the scope of how a lot of people understand what universal basic income is, right? So besides this ever-growing, uh, platform and this reduction in the token supply in harmony with that, uh, you also have a situation similar to what you had with Bitcoin back in 2009. You got a fraction of a penny Bitcoin, so the growth rate of this, it just makes it ever so much, uh, I think, uh, possible, uh, and appealing, I think, to investors and traders. Uh, because we usually always talk about the good social dynamics of Universal Basic Income, but we never talk about the stimulus and profit area of it. But besides inheriting a lot of that Bitcoin network, because Bitcoin holders are going to get it free as well as other people applying for it, um, you also have the opportunity in that growing network to be able to, uh, be at the kind of ground floor, the price, you know, the ground, the lowest price levels. And, uh, it's probably going to be, uh, uh, I don't want to use the term easier, but I would say it's gonna, it's probably gonna be probable that the value of the Bitcoin and YK Token can increase maybe at a level that other cryptocurrencies can't, right? You kind of see cryptocurrencies struggling to get 23% and dropping 50% the next week. There's a great possibility the tokenomics of BitcoinNYK, the relational balance between the growth of the network and the deflationary, uh, coins, right, the deflationary nature, uh, it is possible that from a trader's perspective you can have that. Now I look at BitcoinNYK more like a currency and not a store of value or something like that. So it's, to me, it looks— it's about being used. And so I want to be clear about that, that, uh, I don't look at it as to gain profit, right? Because when you're using something like a currency as a medium of trade, uh, it wouldn't matter if the value of it is $1 or $1 million, right? It would still be facilitating trade from one thing to another, right? Its use would factor XYZ still the same, it would not matter, right? But there is something that is a byproduct of having many people in, in a currency, and that is it can become, uh, more valuable against other currencies, right? And that's a byproduct of that. Similar to what we got with the United States dollar, uh, it's a reserve currency and a lot of people have money tied in the US dollar so it gains against other currencies, it has more buying power. And similar things that happen with Bitcoin LYK as a byproduct of that, not for a speculation store value gimmick, right? That some of us believe Bitcoin may be, right? Or maybe it wasn't meant to be, but the money men, the powers that be made it that way. But that's all I want to say in this video. If you like content like this, Don't forget, like, subscribe, join BitcoinMYK, get the token free, participate with it, use it. Forget about making money with it, forget about spending the money, find out if it's useful for you in some capacity. And after that point in time, come talk to us about whatever you want to do with that. But that's all I want to say in this video. If you like content like this, don't forget to like, subscribe. And until next time, as always, take care.