Xen Crypto & Btcmyk Makes 99% Of Crypto Obsolete!

Welcome back to the channel. I hope you all are having a great day. So this is gonna be an interesting video today. Today we're talking about why Zen cryptocurrency and Bitcoin MYK makes 99% of all cryptocurrencies out there obsolete, right? And agree with our, uh, analysis of that, right? So let's try to understand something, uh, about what's happening in projects like Zen Cryptocurrency and Bitcoin MYK. Whichever one you're in, uh, the concepts are very similar and close to the same. I think they just kind of— it's kind of more of a taste thing, uh, you know, and that how the interfaces engage with the end user. Projects, you can see activity of people, uh, people, uh, getting wallets, etc. And kind of think of it like Let's say you're in a crowd and towards the front of the crowd you see a lot of people start to run, right? They're, they're running away from something and they're, they're running to, to throw something, right? And then you're going and you're kind of standing there. Now you have a choice to make, right? You can either try to investigate what they're running from, or you can kind of join them and try to figure out things later down the road, right? What, what, what's happening, right? The, the point though is there's a reason why the crowd's running, right? And so the point I'm trying to make with that is there's a reason why people are minting XEM on wallets, right? There's a reason why people are registering with inside getting wallets with Bitcoin and YK as such and minting the token, right? And these reasons occupy very similar ideas, but they also suggest to you all out there that anytime you start to see large numbers of people engaged in something, then you might want to analyze, take notice of it, because it's probably a reason for it. Right, so if we really think about Zen cryptocurrency just for a moment here, you can obtain it free, right, for the most part. It has value, means people trading on exchange someplace, right? It has a use because it could be a money, it could be a currency control by the people, not some government entity, etc., right? And those are all very powerful, uh, uh, things that can exist in a project. Now you're talking about reinventing money after thousands of years and making it more efficient and useful to civilizations and people, right? Very, very, very big deal. Um, now the thing is, and here's the problem with the other cryptocurrencies, right? And when we say cryptocurrency, currency, we want to look at that root word currency. Currency versus project, right? Let's say I have a meme coin, right? And in that meme coin, there's some fantastical, ridiculous, comical, stupendous idea of why you're buying this cryptocurrency. Maybe you're buying it just for the novelty of it, because your friend bought it, whatever the reason. You're just buying it just to buy it, right? And then something happens where the value of it goes up, uh, like just like a collectible or something, and people start to make money. Then it crashes down and you never hear from it again. But currencies are a bit different, right? Currencies generally, the best ones are generally stable, meaning the price is not even going up or down. It's just kind of staying where it is. It's useful because people are trading goods and services for it. Uh, it creates economic prosperity, meaning now that you can move it from place to place, you're getting it into the hands of other people who are helping to grow your economy, right? But it needs stability to do that, right? Can't be all over the place. Can't be like a Shiba Inu. It can't be like a Pepecoin or something like that, right? So it is power in currency, not project, not, you know, somebody created a game that does a specific thing or Somebody created— although those things can create some economic prosperity, but a currency is a resounding powerful tool for the species of humans on the planet Earth to move value, to transact value, right? To grow and improve and evolve, right? Through this aggregate denominator. So the point of what I'm saying, the reason why projects like Zen Crypto and Bitcoin and YK make other cryptocurrencies obsolete is because number one, you don't have to invest in them to use them. So they're very similar to our currency we use today. Like I can use a US dollar, I can do a lot with it. Buy you guys the currencies of your choice, but you don't have to buy it, right? You don't necessarily have to, uh, uh, it's, it's just what the system is. Let me give you a better example, uh, the stock market, right? Most of us, 99% of us, are engaged. I would go as far as say just 100% of us are in the stock market, right? You might say, well, how am I in the stock market? Right? Well, if you shop at Walmart, right, you impact the value of Walmart stock, right? If you work a job, you probably have a 401k. If you're, if you're employed by somebody and in that 401k, it's probably being invested in the stock market, right? You don't have to have any knowledge of the stock market to be involved in the stock market, right? Cryptocurrency is a different animal though, right? We have to convince people to buy it, hope they don't dump it. The next thing is they have to be educated enough to know how to manage their wallets and such. In most cases, whether they have money or don't have money, they might not want to be involved in cryptocurrency, right? But something like Zen makes those doors ever so much easier for them to walk through because they can mint the cryptocurrency free. Same thing with BitcoinMYK. You can mint it for free and free, free, freemium. Nothing beats it or trumps that, right? If a system can run off free, you're gonna have growth. So if you look at something like XEN, you see activity there. It's starting to grow up now. Now it might be a kind of slow roll at first, right? And it might not be at first appealing to people who want short-term gratification, people who don't understand how freemium services work, what the difference between a currency and a hype cryptocurrency is, or or what might be a limited-use cryptocurrency versus a universal-use cryptocurrency. And I'm gonna break it down a little bit. But that, for that, that easy access, right, especially if you got a very easy wallet, very easy user interface, you're gonna have people pouring in off the streets. You're probably eventually gonna have stability stability in your currency, you're going to have a value in your currency and growth in the value of it, right? Uh, you're gonna probably achieve all these things at some point provided the project keeps going, right? And the momentum of people joining keeps up. So the thing about when I say universal right? It means a very wide-scale use, like what you could get with Zen and Bitcoin and YK, right? So, you know, for, you know, for example, what would be the reason a person would want to use your cryptocurrency? Let's say if it's a game that you've created, okay, well then you've isolated it down to people who are interested in that game. Right? But if it's a free cryptocurrency where they can earn an income daily, monthly, whatever, then it's universal to them all. And this opens up many payment gateways, right, that they can use. Now, the only way to compete with projects like this is to make the projects free themselves, right? Now, some people might say, well, yeah, I'm in for XEN. I'm all in for XEN. I like XEN. Is there a reason then I should be in any other cryptocurrency? And the answer to me would be only if the other project is on par with Zen, right? Just similar to Zen. And, and what I mean by that, let something like Bitcoin— Bitcoin was created and maybe we could have summed up that the only thing that needs to exist was Bitcoin. But no, then we got Litecoin and Dogecoin, etc., right? And we could kind of say, well, if Bitcoin is gold, maybe Litecoin is silver, right? And we've always been more comfortable having an alternative. That's why we like capitalism, uh, like ideas, right? Because when we go to the store, we like a variety of things, right? Because I don't know, we might like the colors of some packaging, we might like the way certain things taste. They might give off a slightly different taste, yet similar. Whatever the case may be, uh, if projects are on par with one another and very similar, it's a good idea to, uh, be diversified, protect yourself, and use them. And if they're all free, right, free to mint as such, probably a good idea to, to balance yourselves out. Maybe one might have a breakout over the other, etc. In any event, they're all free to use. Um, and so I find that very, very interesting. Looking here at one exchange Bitcoin NYK inflation token is traded on, what we're starting to see is a great amount of stability, right, in the price of the cryptocurrency. And the reason we're starting to see that is because, uh, we have this balance of inflation versus rarity or deflation, like a perfect mix where we have the ability to where everybody can participate and have the opportunity, but a lot of the liquidity is coming from our scarce version of our cryptocurrency, which is similar to gold, right? Um, and Zen does a similar thing with XEN, the cryptocurrency, and XENFTs, right? So stay with me on this because it's very important to have stability in your currency to really have economic prosperity. You need people trading it, need people accepting it as such, right? You're going to get more people. And let's think for a moment, right? Let's look at Bitcoin. So if we look at something like Bitcoin, where a lot of people are trading it, The going phrase about Bitcoin now is it is the toy of the rich. Who is investing in Bitcoin? It's mostly people with disposable investment income. It's not regular Joes. How do we get regular Joes in? Regular Joes are the economic engine of our economy, all right? Just think about that for a minute. If they're the economic engine, we need them in. We gave an earlier reference to the stock markets, right? Do you know that the average Joe is all over the stock markets with the products he buys in these companies every day with his 401(k)s, with his, whether it be him individually trying to buy the stocks because he just likes to trade, et cetera. And so on, right? And some of these companies, there's just a needed use case for the products, right? So everybody's involved in some way or another. Um, how do we do that in a cryptocurrency? And if a cryptocurrency could do that, does— wouldn't it render many of the other cryptocurrencies obsolete? Yes, it will. And that's what we're saying in this example. We're saying that a free cryptocurrency that can have money controlled by the people and not governments and be global, right? Meaning you can send it all over the globe, especially if the transactions are free and the currency itself is stable, as we're seeing up here with the BitcoinNYK token as it becomes more stable every day because of the selling pressure, the growth coming in, the rarity as such. What happens is then this becomes a highly useful money, highly useful currency that could be sent and delivered anywhere in the world in just seconds, right? And that's a lot of power when you think about that. Now, what holds cryptocurrencies back? Access, right? So you're telling me that your Cardanos, your Bitcoins, your Ethereums can outcompete Zen and something like BitcoinMYK that are free cryptocurrencies? How is that possible, right? Do you understand that a currency— like, nobody's really holding US dollars waiting for the price of them to go up, right? That's not how a currency works. A currency is about delivering buying power right then and there on target, right? And that's what you— that's the power you have with a free cryptocurrency. So I think the error many are making in Zen isn't so much about the price going up and such, but how much more can you mint? How much more can you get? And the operative word in both Zen and BitcoinMYK is participation. The more you participate, right? So one big problem with free coins is people being able to exploit the system. In other words, things like Sybil attacks. I can create more and more wallets. Here's the mistake in that thinking, right? None of that matters if you can create more based on the more you participate. Participate, whether it's some type of bot, as they were able to address with the XAMM project, where people— they just made it more easier for everybody to participate in the bots. If you make it where everybody can participate on the same level, then the bots don't matter, right? It's just the participation. The next part is, in our project, in particular aspects of the project, we have the inflation, uh, coin that grows with the network, right? So it doesn't have a limited supply like then, because a currency in this magnitude, it needs to be able to, be able to build its value and deliver that buying power. And when you start to make it scarce, uh, similar problem we have with gold as money, what begins to happen is you then get, uh, less people who can participate. You want more people. In other words, the more people who participate the more buying power you have, right? The more you can mint, the more you can participate. But if you're just looking at it for the decimals to go up, then you've— you, you don't quite understand economics to this level, right? And it's a mistake many of us have made, right? We think that it's just about price going up. No, it's not about price going up. It's about how much of this cryptocurrency can you get. Right? If Bitcoin's at a price of $1, but you can get a trillion Bitcoin, it really wouldn't matter how much the price of Bitcoin was. Does that make sense? Now, some people would argue that, oh, well then it has no value. Zen's proven that not to be true. BitcoinNYK's proven that not to be true. It is the growth that naturally creates the value. It's the participant. It is us humans who give value to the currencies, right? Does that make sense? What I'm saying, ladies and gentlemen, is that you get a growing cryptocurrency that's free, nothing can trump that or beat that because the value of a currency makes no difference whether it's valued at a dollar or a million dollars. It doesn't matter. It is the transactions, it's the acceptance of it, it's the use of it. And if everybody has it in the world and they're trading it around the world, that's going to have value, right? And all that's going to matter then is the level of the participation economy, right? The level that people can participate at. So it really doesn't matter if participant A has more money than participant B. Does that make sense? If both participant A and participant B participate at the same level, whether one has more money than the other doesn't matter. And that's very appealing to people because we've always existed in an economic system where people wanted a fair system for all. A fair distribution model for all, and at the very least, an even playing field for all. That's why we have so much trouble in our tax codes, right? Because if a group of people can exploit the tax code to the point they can get more tax breaks than the average working Joe, then the entire economic system becomes unfair, right? So what we're saying with the Bitcoin MYK project is your participation can all mint you the same amount despite how much money you have. Now, some people will say, well, why don't I just do that with Zen? And maybe I should only use Zen. Maybe you should, but here's a few things you have to consider. And like we gave the example of gold to silver, etc., I think what it really comes down to is taste, right? What people— so let's say I'm a new user in cryptocurrency. I have very limited time. I don't have time to be educated about how to use wallets. I don't have time to be educated about how to learn new interfaces, right, that I've never seen before. I think what's appealing about Bitcoin and why KYC people are joining every day is it has a very familiar interface that allows them to— it's like a social media site, right? And so the billions of people that exist on these, uh, social media interfaces, right? Uh, these Cash App systems, etc. If they have a very similar layout like those things, they don't have to learn anything, right? And they're minting by things they already do every day. So when people ask the question, why don't I just use XAN over Bitcoin and YK, that's your answer. That it is just a different approach to listening to the community out there about making cryptocurrency a lot more accessible and easier for them to maintain their wallets, etc., and do these things, right? My thought process would be they're both great projects and everybody should be diversified and using them the same. But I'd also go further to say it's probably going to be even more projects, and that's the world we want to see. Uh, it's going to be the most economic prosperous world where we're going to see billions of people using these free cryptocurrencies. It's going to get rid of all the scam inferior cryptocurrencies that are unregistered securities that aren't very decentralized. They got, uh, you know, 1% of network controlling like 90% of network, which is what's happening with Bitcoin. Like 1% of network is owned— 87% of network is owned by only 1%. Let's think about that. That alone would make even Bitcoin inferior to Zen Crypto and BitcoinMYK, right? Now the other thing about projects like whether it be Zen or BitcoinMYK is this, like the example I gave with you guys earlier where if the crowd ahead of you starts to run and you just kind of stand there and say, I'm not going to run, I'm going to figure out what's going on and whatever's coming out of that crowd or coming towards that crowd there's something you don't want to deal with and it's too late to run, right? What I'm saying here is, or what's come, or a better example is what's coming out of that, coming towards that crowd is gonna come anyway and it's unstoppable, that you can only get away from it. That's what I'm saying about these free cryptocurrencies like Bitcoin, NYK Lite, Zen, that this is something part of our human nature that's going to happen anyway. And a lot of the reasons it's going to happen is because of automation, because we're just going into a world now where participation is going to be the only way we can create value, because we're not going to be able to compete with the artistry of what AI systems can do. You got AI artists that are better artists than humans. We got AI musicians that are better musicians than humans, uh, better workers than humans, don't get tired, uh, you don't have to worry about them stealing from your company or business. You don't have to worry about any of the hangups that humanity has. And so it's moving along to this area anyway, right? Jin and BitcoinNYK are the future. Uh, now there are some impatience and there is some, uh, short-term gratification seekers that, uh, they— I, I compare them, and it's not— it doesn't mean all of you are like this who fall into the short-term gratification category, but it is a very similar psychological situation. And what I mean by that is Let's, let's give an example of a guy who runs a company, and at the end of the year he has toxic waste to get rid of. And every time he dumps toxic waste, he has to pay $10,000 to dump it. He decides to cut, to cut losses or, or not pay and, and gain profits He decides he's going to just dump it in our backyards, right? And so at night when nobody's awake, he's out there dumping his toxic waste, right? So what he's done is he's taken a shortcut to get value out of something that's harming the environment, right? And, uh, he knows that the effects of this in the next 20, 30 years will be very bad and probably harm maybe even himself or his children, but he does it anyway, right? That's how short-term gratification works in a sense. So what I'm saying here is that people who avoid these projects because of the rate at which they move, they might take a short-term shortcut to some meme coin or something like that. But the reality of the situation is that in These projects are what's going to be the true value, help the world, make the world a better place, uh, create— give economic prosperity to people because they're designed in a much better way, right? And, uh, short-term things never oftentimes do work out, right? They generally fizzle out and the outcomes are very, very bad. People generally crashed down very, very severely. So what I'm saying to you all is that the free cryptocurrency projects like Zen, Bitcoin MYK, uh, as they rise, there's not going to be any room for these other cryptocurrencies. They can't draw enough people in. Bitcoin's only gotten like 100 million people in over a decade. right, in well over 10 years now, right? Facebook got billions of people within its first 10 years, right? Why? Because Facebook worked on freemium services to a great degree. Social media works on that. And when cryptocurrency starts to embrace that, as it's starting to do, projects like Zen and Bitcoin and YK, um, you're going to have the same thing. Right? And I believe they're going to outpace Bitcoin, Ethereum, and such, um, because of the difficulty and the cost in association with Bitcoin and Ethereum. It's just not appealing to masses of people. It just isn't. That's why it's only 100 million people in them, right? Now, again, with the XAND community, uh, all these free projects that are done, you know, that are knowledge-based and understand these economic principles, and they create these projects to mirror them and solve a problem. We're for all of them. I— being part of them all, or one and not the other, is fine with me, right? That's absolutely fine. But I will say that we do have to look at the strengths in some and the weaknesses in others. And sometimes we have to use more than one. And I, I think with Bitcoin MYK, I do think it will speak more to a lot of those new billions of people out there that are ready to come into cryptocurrency. But we got to make it appealing and easy for them to get in. And I think Bitcoin MYK probably does a better job at that than most cryptocurrencies. And, uh, the level of decentralization Bitcoin MYK is achieving is phenomenal. It's, uh, it's gonna go— it's well beyond the biggest cryptocurrencies out there. The ownership of it, the value of it, light years ahead. And so that relates to decentralization, and that is, uh, undeniable. But the, uh, and the other thing I would say is just that within cryptocurrency, if you are looking at the price, which I don't think is a good idea to do, I think it should be more, uh, valuable as a, as a stable currency, and you just meant more of it, and we move it around the world, and it's merchant accepted, etc. I think that's the best, most powerful way to create a cryptocurrency. But if you are just one of those people who are just kind of still stuck in that, uh, Lambo dreams and mansions in Dubai, uh, type mindset, well then BitcoinMYK might offer price breakouts and gains, uh, that XEM may not offer at times. And that might be a good idea to use both of them as well. Right? And definitely would invite you all to check it out nevertheless, uh, you have more things in your arsenal, right? But that's all I think I want to say in this video. Uh, I think we can all walk away from this though with the reality that there is no way in hell that Bitcoin, Ethereum can have more users than Zen or Bitcoin and YK. Nothing can trump free. I don't know how many different ways to say it. You're— because the way our economic system works, it has always been a struggle to make it a non-participatory economy, right? Bitcoin has always struggled with that 87% ownership by only 1% of the network. Same thing with Ethereum, right? Same thing with all your major cryptocurrencies. Right? It is the worst. It is worse. It is worse. And let's be frank here, it is worth worse decentralization in cryptocurrency than in the government US dollar. At least with the, with the, with the currencies of many of you guys' nations, at least 50% of the currency is controlled by the population. But what happens when close to 90% of your economy is controlled by 1%. That's not how our global economy is. It is how the cryptocurrency economy is. So you need to think careful about that. What will defeat them all is the free cryptocurrencies, right? I think it's just a matter of time before they do. What I think would be the way not to engage in cryptocurrency in a futile way would be to go ahead and accept the free cryptocurrencies and put your value behind them. They're the ones that are gonna become the best, right? Not these cryptocurrencies that are only gonna get a small group participants, right? At least these are my thoughts, right? These are my economic theories, and they could be wrong, although I don't think they are on a large scale. I don't think they are in a future automated economy. That is, uh, undeniably coming to us. That is an eventuality, right? But I think that's all I want to say in this video. I think it's run too long, but I think it does make a good point on why the free cryptocurrencies are going to make these other currencies, cryptos, obsolete. I just don't see any other way. Uh, would love to hear you guys' thoughts and opinions about it. Love for you all to try BitcoinMYK and tell me what you think of it, because I think you're really gonna like it. But you gotta try it. You can't be that guy, see everybody signing up, registering, everybody trading, and you're waiting for the bull to run at the crowd and charge you. Come on, guys, it's time to, uh, justice, and it's time to stop playing in this space that is half dead and start to embrace what we need to do to make it lively, to liven it up, to make it accessible to these people out there. That's all I want to say in this video. Until next time, so always take care of yourselves and each other.