In this solo‑hosted YouTube commentary, the creator explains his decision to become a "Zen‑BitcoinMYK maximalist," meaning he will only hold the free‑crypto projects Zen (XEN) and BitcoinMYK. He introduces BitcoinMYK as a Proof‑of‑Participation cryptocurrency built on the Hive blockchain (a fork of Steem) that offers free transactions via resource credits. He argues that Zen is more decentralized than Bitcoin and, together with BitcoinMYK, represents the most decentralized, free‑crypto ecosystem available. The video provides market data: Zen’s market cap grew from $4 M to $16 M with 24‑hour volume around $24‑25 M, while BitcoinMYK has over 20 k users. He highlights low liquidity on Polygon and Binance Smart Chain (≈$250 k on Polygon, $900 k on BSC) as an opportunity for 10× gains. The presenter discusses timing ZenFT purchases to avoid high gas fees, recommending waiting 3‑4 days after launch for better rates. He describes BitcoinMYK’s upcoming social‑media platform that will let users earn BitcoinMYK tokens and withdraw them directly as Zen, fostering synergy between the two free‑crypto projects. Throughout, he issues standard disclaimer language (do your own research, not financial advice) and encourages viewers to subscribe and engage. The overall narrative frames free, decentralized crypto as a sustainable alternative to for‑profit tokens like HEX, and positions Zen and BitcoinMYK as the core pillars of that vision.
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Welcome back to the channel, guys. I hope you all are having a great day. Uh, as we know, these NFTs, uh, have started. They start around 5 o'clock. I think I'm going to wait, uh, for a few days when the gas fees start to come down. That's some people's strategies. Um, also, before we get started, I just want to tell y'all, take a moment, go ahead and subscribe to the channel, like the content, um, that way you're notified when there's important information before the videos start. Through the, uh, just click the bell notification at the top, that way you don't miss a video when there could be important details coming up. Okay, so now that we got that out of the way, I want to talk about how I'm only now going to be holding Zen and Bitcoin MYK. Um, and if you don't know what Bitcoin MYK is, it was one of the original proof of participation models, uh, cryptocurrency that's totally free. And, uh, again, as you can see, um, it's on the Tribal Dex exchange here. It's on actually several exchanges, but you can actually see it's free. There is money backing it up using the Hive cryptocurrency. Uh, Hive is, um, It's basically the Steem blockchain, right? It's, uh, basically came out of a fork of the Steem blockchain. If you've heard about Steem, you know it to be one of the most popular of the social network cryptocurrency projects. The person who responsible for EOS, Dan Larimer, created the basis of the HIVE blockchain from Steem blockchain, right? The transactions are pretty much free. You get these things called resource resource credits. For the most part, most people can do transactions on the blockchain almost entirely free. Many of you all probably already know about that, um, so I would invite you all to check that out. Uh, let's see, what else do I got? Let's talk about why I'm becoming this Zen Bitcoin NYK maximalist, right? I kind of touched on it on my last video where I talked about, guys, how We look at projects like XEN, uh, where there's going to be these communities building on top of this, uh, of this product, uh, that is the most decentralized, uh, project I've seen in a long time. Uh, probably in retrospect, more decentralized than Bitcoin. If you think about it, uh, we're under the kind of false notion that Bitcoin is decentralized when there are many reasons why that can be debatable. And, uh, it could end up being, uh, as the future goes on with Zen, which is one of my fundamental beliefs, is that it's going to be more decentralized than Bitcoin. So it's going to be more decentralized than Bitcoin. Why would we need Bitcoin, right? Um, also looking at the performance of something like Bitcoin, uh, even if you got in Bitcoin at like $20,000, which would be better than getting, getting added at $60,000, you're doing a great deal worse now with it being at $16,000, right? So those aren't very comforting notions, right? Uh, also, I just think it's the right move for me to make to only hold Zen and Bitcoin. And why I can't get rid of the rest of my cryptocurrencies— and not saying that this should be your direction, uh, out there, or that you should take any financial advice from me Uh, don't do that. Do your own research. But what I am saying is, looking at it from a logical standpoint, doesn't really make a lot of sense, especially me being an advocate of free cryptocurrencies, to be an advocate of free cryptocurrencies and then, uh, kind of perpetuate what I feel to be the problem in cryptocurrency. People still investing in these, uh, unstable products, your FTXs, your Lunas, uh, as it were. Under the very notion where people said these projects make more sense, that they're valuable because people put money in them. But now we're seeing these free cryptocurrencies that have markets, that have value. BitcoinMYK presently has over 20,000 users, right? Zen has millions of users, all free cryptocurrencies. They both trade on exchanges. Zen's market cap has, um, went from like $4 million to $16 million. Its 24-hour trade volume was something like $24-25 million, right? Over the years, BitcoinMYK, although it doesn't have the pedigree and the legacy of Bitcoin, of, uh, of Zen, what I like about BitcoinMYK is that Everything you pretty much do with it is free, even the transaction. So that's pretty much to me the pinnacle of what I want to see with free cryptocurrency. Some people want to see something else. Some people want to make, uh, you know, make money or get rich, and there's nothing wrong with that. And, uh, when you have deflation and you have rarity, uh, of course that can be possible in any cryptocurrency. But to get there, you first got to fund a bill, a steady solid foundation, and that takes years. Uh, same thing with Zen, same thing with BitcoinMYK. These projects are going to take years, but they're built on solid foundations, right? And that's why I'm only going to be using these products. Now, if you're interested in something like BitcoinMYK, because, uh, although I'm kind of falling into this maximalist concept, whether it be these free cryptocurrencies like Zen or BitcoinMYK that use Proof of Participation models. Uh, I do still believe in diversification to a sense, right? So, uh, I'm totally okay with there being projects similar to XIN or more products like XIN. And as I understand it, the community is going to be rolling out different cryptocurrencies built and based around XIN. And BitcoinMYK is not going to be any different. And that's what I want y'all to understand. Free cryptocurrencies don't operate like for-profit currencies like what you're getting with HEX. Whereas when XIN launched, there was a lot of turmoil and anger towards XIN. The HEX community thought it was taking value from them, whereas free cryptocurrencies don't work that way. How free cryptocurrencies work, you're best off using them all and they work together better, right? So What BitcoinMYK, what we're going to talk about in our next video, is that the social media feature of it is going to contain, uh, the ability to trade the value you earn in our social media site to trade it for Zen, right? So you'll be able to just redeem it in Zen, rather, right? So to just quickly under— to explain that, basically BitcoinMYK has a social— the things you do normally on social media sites, the Zen community can use the BitcoinMYK.com social media site. Everything you do, you can just talk about Zen and you could basically earn Zen talking about Zen. What happens is you get this BitcoinMYK token, but when you get ready to withdraw the token, you can withdraw it instead for Zen into your wallets. And, uh, we're only going to be doing it on Polygon and Binance, and that is because I have some problems with Ethereum. That I'll get into in the next video when we talk about this social media platform that you're going to be able to earn Zen. Because what you're going to start to see with Zen as it gets bigger and bigger are, uh, they're talking about this re— I think it's called the Reflection cryptocurrency or something like that, right? Uh, they're going to talk about all these other cryptocurrencies built around Zen where you can earn Zen, right? Uh, you know, based on these cryptocurrencies, or what is, uh, encouraging to burn more Zen. Uh, that's the great thing about free cryptocurrencies like BitcoinMYK is that we work in unison, we work in conjunction with other free cryptocurrencies. Because just think about it, if, if there's a free cryptocurrency, everybody's just going to use the free cryptocurrency, especially if they're valuable and so on. So it's going to be a harmony amongst them, right? And that was always the goal with BitcoinMYK, that there be many projects like BitcoinMYK free cryptocurrency. So nothing like that what happened with the HEX community. This BitcoinMYK will work perfectly with Zen. Uh, there's nothing wrong with using BitcoinMYK.com and opting to take, uh, withdrawing Zen, use that Zen however you see fit. And again, we'll talk about that in the upcoming video. Uh, But again, with the ZenFTs, these are the only things I'm going to be holding. Again, I'm going to wait a bit because gas fees are going to be ridiculous, more than likely, right? But, uh, as some researchers have explained, you're going to get a lot better deals 3-4 days down the road on ZenFTs. Uh, the problem with, uh, people who FOMO in early, as we've seen many examples of this Um, they don't always get the best situations. Sometimes patience is a virtue and patience is key, right? And things work out better that way. And that's what I'm going to do, uh, with ZenFTs, um, in this go-round. I think that's all I want to say in the video though today. Um, had a chance to talk to you all about it because again, I'm not probably going to be doing any ZenFTs today. But a little few days down the road I will be. Um, and so, uh, it's 5:18 now. As far as I know, they launched around 5 o'clock. I'm assuming that was Eastern Standard Time. Uh, I could be wrong, could be GMT time or something else. Uh, so, uh, pay attention to that. But that's all I want to say in this video. If you have any, uh, questions about XIN or BitcoinNYK, you can leave them in the comments section. You could contact us directly or visit BitcoinNYK.com. And again, you'll be able to swap out Bitcoin NYK for Zen or just withdraw in Zen. And it should be a lot of fun. We'll be able to talk a great deal about the Zen community, as I'm very proud to see how Zen's going. Data-wise, Zen's looking good. There are so many opportunities with uh, XEN on the Binance Smart Chain and XEN on, uh, Polygon, seeing that their market caps are so incredibly low. I think there was only like $900,000, uh, on the Binance Smart Chain in liquidity and only about $250,000 on Polygon. To see a 10x, uh, in, in, uh, the value of XEN on Polygon and Binance, for it to go from hundreds of thousands of dollars to millions of dollars to potentially tens of millions of dollars, I think is a very likelihood, right? And, uh, so it could be a great deal of opportunity there. That's all I want to say in this video. Again, don't forget to like and subscribe. Subscribe so that you can see future videos with good information, uh, and you will be notified, but only if you have a subscription that is totally free. So make sure you do that. But again, until next time, as always, take care of yourselves and each other.
