Xen Crypto - Jack Levin Token Out!

Welcome back to the channel. I hope you're having a great evening. So today we're going to talk a little bit about Jack token, now out. So this is, as I understand it, this has nothing to really to do with Jack Levin. This is a community-created token. I'm here on BitcoinMYK.com. I invite you all to come over. You can earn cryptocurrency liking your favorite YouTube videos, YouTube content, right? Hit the like button. It has the cryptocurrency integrated into the system. So pretty cool stuff, right? So while you're doing your normal things you do on YouTube as such and a variety of other social networks, uh, you're earning our cryptocurrency. So that's pretty darn cool. And you can look at some of our videos about it, um, as such, right, and explain it to you. Um, and why not do that while you can be earning cryptocurrency that easy with something useful? Uh, welcome back to the channel. I hope you all are actually using— oh, great. Let me see if I can turn that off. I think so. Today we're going to talk about somewhere. Bear with me for a second, guys. Uh, being— all right, got it. Okay, back here. Uh, so yeah, you can earn looking at videos, not just videos but your social media posts and such. Uh, so in retrospect, what you get here is you get a product similar to what I believe Elon Musk wants to do with, uh, X, right? You know, formerly known as Twitter, uh, whereas it's going to be kind of the cryptocurrency social media, fine, financial services merged in together, much like your WeChats and such. So these are the type of fun cryptocurrency projects, you know, I think people will actually find useful and like to use, right? And as far as the Zen community is concerned, when Zen blockchain comes out, we certainly would like to have a presence, you know, there and some development there with the project. So anyway, let's talk about Jack token. Let's involve it in here. So Jack token, what I'm getting from Jack token is is Jack tokens gonna function more like, uh, and did I like that video? Yeah, yeah, yeah. So I earned some cryptocurrency just by liking it, and you guys can do the same. So again, uh, make sure you pay attention to that, earning you some cryptocurrency while you're participating in these videos and just watching the content. You actually earn it just by, uh, watching the content as well. So pretty cool stuff. We had some other applications prior to— prior like that. And I always like those type applications, and some of them have done fairly well. Uh, some of them, uh, you know, went on to be fairly successful projects like that. Um, but we've put some twists in this, and we think this is a, a great project, a superior project to many out there. But, uh, anyway, uh, let's explain this a little bit. So what I get from Jack token, what's happening with Jack token, again JACK token is not, I repeat, it is not something that is sanctioned, uh, directly by Jack Levin. Uh, this is community created just using his name and image. Um, and I'm hearing reports that it's starting off pretty good. Now the way it works, as I understand it, is that it's kind of like those early Proof of Weak Hands products, right, where there's this kind of like this buy-in, uh, and then you, uh, there's a, uh, there's a penalty when you sell to, to get out, right? Uh, it's like a 1% in, I think 1% out. Correct me if I'm wrong on that because I'm not really a big fan of those type of products. Now the only reason I'm talking about this particular token in this video um, it's more so to do with, uh, it's going to burn Zen. Now that's nothing new. You got Phoenix, you got many of these others, um, uh, a platform, you know, BZen, DBZen, etc., that's already doing that. So it's nothing unique there, but you can make the argument that it's probably no such thing as many of these, uh, projects burning Zen. Now, is there opportunity for people who would be getting involved in these platforms? Maybe, maybe, maybe it's like the other ones, you know, maybe it works out like the other ones. Maybe it's an opportunity for some or not. I'm not a big fan of them because I tell you what I'm mostly looking for And hopefully this will resonate with some of you all. It's something I'm probably going to be using every day, something I'm going to see valuable and useful to other people, right? Excuse me. Um, and, uh, that's what excites me about the development products that people actually use that are going to be useful to people. Projects here like BitcoinMYK that I know people will find use in. Uh, they're able to do various social media activities. Uh, it's kind of this mix of, uh, what Twitter's doing, what's going to become your kind of PayPal, Cash App, money transfer systems connected to your social media accounts and such. Uh, and, and all those things, right? Uh, is what I think people will find exciting, you know, to use on these platforms and such, right? JACK token is neither of those, but again, can't really knock it so much because, um, you know, of the burning of the ZEN, right? That, you know, now again, you could take your pick of many of these other projects that's doing that. I don't find anything unique about this. I don't find anything exciting about it. Uh, I don't think it's necessarily gonna, uh, be a profit machine for many of you all, but it will you know, create the reduction of supply of XIN. Now what that means for me is I'll probably just end up minting more XIN and waiting down the road for that, you know, that bull market as such, right? And, you know, again, I like those sort of freemium service projects. I call XIN sort of that because, you know, the most successful chains it's on are the expensive chains, the, the ones that, um, are going to cost a lot of gas to run on. Whereas something like Bitcoin MYK is freemium in every sense, and it uses your energy to create the cryptocurrency. So it works more like an actual currency, right? And that's what I like about Bitcoin MYK. There's nothing negative to say about the Jack token other than, uh, it's, you know, I'm not excited about it to the point I'll probably do a lot of participation, and I might do some. It's possible I might buy some. But, you know, with everything happening with the SEC and these variety of projects, uh, I've really just kind of, uh, what we've done with Bitcoin NYK, uh, being pretty much this fork of Bitcoin has created a system where your economic energy, or I'm sorry, where your kinetic energy where your attention value is the— what's powering the token, right? As some models have kind of done successfully, you know, it's— that's incorporated into the mining. It's basically making everybody a miner and making it a lot more decentralized and using the value to gain from Metcalfe's Law. Now, a lot of developers aren't going to do that because They're not going to create these systems, uh, out of their own dimes, right? Uh, and their investors aren't going to really want to pay for them in the beginning because it's probably going to take a while for them to really make money. And, uh, a lot of them aren't going to do it because they're going to want their, you know, a lot of especially retail investors are looking for quick turnarounds, right? So you got to be devoted to the product project. The reason I'm, uh, I created it is because I'm a big supporter of the works of Thomas Paine, the citizen's dividend, addressing our concerns with artificial intelligence, automation-aware jobs as such, universal basic income. All these very things I think will be necessary and help to lift the human spirit and take us into that direction. I'm driven by that. So it's, it's not difficult for me to invest in the project, platform and create these opportunities, right? Um, because that's where my vision is. I can understand why people in cryptocurrency with what I believe to be probably not the best mindset of treating it like a casino, trying to make quick money, uh, looking for profit over, uh, uh, whether it be, uh, value given to people, right? Because I believe you can't have profit true profit, that sustainable profit, until you have something valuable that gives value to people and creates use for people, right? So all of that to be considered, and I think that's why I'm so negative about meme coins, right? Uh, I think they are, uh, short-term drugs, right? Short-term opium drugs. But because of the bigger ecosystem that the Jack token's a part of, I'm a lot more tolerant of it, and, uh, I'm a lot more okay with that because I know it's burning Zen, something that I do like the concept and idea of. But I'll probably just continue to mint Zen going into the future and have that available maybe years down the road, because that's how I believe the best projects work. Not the, hey, can I, you know, make a quick dollar within this, within 30 days or something like that? That's probably some of the worst investing you can do, right? But it is very hard to convince people of that, especially people who are new to cryptocurrency coming in off of the hype of, uh, let me like that video so I can earn some more of the cryptocurrency. And, um, I think Bitcoin and YK has turned out to be a really solid cryptocurrency that you can earn free just by doing these activities. Now, I don't think it's gonna be making people rich or doing these pumps and dumps and things like that, um, you know, all day long, which a lot of people in crypto come accustomed to. But if you focus on using a product for the value of it, uh, using it for communication, getting your information, watching your videos and getting paid for it, right, uh, things that is accessible to y'all then I think you'll really benefit from it and enjoy the benefits of it. And if it does raise a great deal of value down the road, you will have access to that, right? Uh, and I think that's the best approach. I think at this point, even if we look at something like Pulse, there are a lot of people now, they're getting rid of their Pulse X. They feel Pulse is dead, even though it's quite a bit of liquidity still in Pulse. It doesn't really seem to be doing them any good. A lot of these people are so far down, 85% of their investments. As such, you know, 90% down, that is just not resonating with them anymore. And because it's not a product that they can find use in daily, like what we get with Bitcoin and YK, or something that you can use every day and outside the price still have value involved in it, you know, they're not gonna— they're gonna abandon these projects, right? And that's what happens. until you have something like BitcoinMYK. So that's all I think I want to say in this video episode. Um, tell me, tell me all what you think of Jack token. Are you going to buy it? Going to get involved in it? Are you going to just probably just batch mint more Zen like I'm probably likely to do? You can let me know in the comment section. Don't forget to try out this BitcoinMYK.com product, a passion product we've put together for you all. To take you out of the negative elements of cryptocurrency and hopefully build some quite valuable to you, uh, in the future based on fundamentals that I think are a lot more solid than what we get in, uh, what's been our— many of our courses in cryptocurrency thus far. Uh, so you can join, the link should be in the description. Join absolutely free today, start getting your cryptocurrencies already on several exchanges and such. Uh, where I'll put the together by our team, absolutely free on our own dime to you all. And I guess that's all I want to say. Till next time, as always, take care of yourselves and each other.