Xen Crypto -Pulse/RH Greed Wont Allow Him To Burn Coins?

Trevon James and the host criticize Richard Heart for refusing to burn his massive HEX and PulseChain holdings, arguing that his token concentration creates systemic risk and betrays crypto's egalitarian ideals. They contrast his approach with alternatives like GoodDollar's Citizens Dividend model and promote BitcoinMYK as a community-driven solution.
Chapters
So let me start with those. Bonanza? Nah. The bridge shows 100% drain. Damn. Well, it's working though. I think they're like, something going on with the validators. Richard too greedy, burn his coins. It's crazy, right? Like, if you wouldn't, man, burn like 90, burn like 98% of your Pulse, bro, you'll still be like the biggest holder. And it'll pump harder. Like, what the fuck? Maybe he's just playing a really, really, really, really long game where he thinks he needs 90% of the coins. I don't know, but hey, I'm just me. You know, that's what I'm liking. I'm liking this, uh, burn rate for Zen slowly growing up. The culmination of all the dApps burning. 4 billion Zen in ZenDoge. Well, 29 billion for DBZen, 4 billion in ZenDoge, 1 billion Phoenix. You know, it's happening. Yeah, I think this does the same thing. I think this right here eventually looks like this. It just— then you look up and there's no more Zen left. Bought a Zen Teriyaki yesterday. Gonna eat. Gas is really low. What's up, Koozie? Appreciate the $25 rake. Is Sci-Vibe a buy or not? I don't know. I feel like a lot of the stuff in there is probably redundant. Like, you probably shouldn't play video games. It's a waste of time. If you need that book, you're probably stupid. It's probably some good info in there, like Sci-Vive. Like, I would buy that book from somebody that's chiseled, you know what I'm saying, looking good, healthy, you know, and smart. But not somebody that's like, can't even— you talking about surviving. Anyway, that's why I don't like talking about Richard Hart, man. I can't, I can't, I, I can't really find anything good to say about that motherfucker. At this stage, like, I could— like, yo, he's smart, he's smart, but he's fucking hypocrite, man. That's the one thing I cannot get over about him. He is a hypocrite. Wait, freedom of speech, freedom of speech, blocked, blocked, blocked.
Welcome back to the channel. I hope you all are having a good Memorial Day weekend. And, uh, that was a little clip from Trevon James, the Crypto Trevon. Uh, certainly subscribe to his channel. I was watching it earlier today and, uh, he got me to thinking. It just came to my mind that, uh, listening to Trevon talk about Richard Heart and, um, you know, he did— why he wouldn't burn some of these, these 90% of these coins he could possibly hold, uh, got me to thinking a little bit more on that. Like, what is the big deal about that, right? Um, because one of the arguments are Richard— with Richard Hart is, um, that if he holds, in holding more of the coin supply, then it's gonna be less selling pressure because if a wealthy person, you know, holds it, they're less likely to dump the coins, right? That's the reasoning behind this, right? But that's kind of a logical fallacy, isn't it? Wouldn't the better situation be why would the coins need to exist at all? Because is it just a glory thing for him to hold it? And I think they referenced something like he wanted to be the first trillionaire in cryptocurrency, right? Does that feel kind of Rothschild-like? So he wants to just hold that just to say and create security risk, uh, not just, you know, about him, where do he sell the coins or not, but one person having a wallet with that many coins in it, or people knowing he has it. What if he's taken hostage? Anything could happen, right? Uh, and forcing him to, you know, it just doesn't seem very necessary. Also, uh, you don't have to hold that many coins to hold a tremendous amount of value. Look at Satoshi, for example, right, with Bitcoin. What is his stake? Something like 5%, right? I mean, what's 5%? It's a tremendous amount of value, right? So I guess the point I'm trying to make here is there doesn't seem to be a lot of understanding as to why that would be necessary, right? Is this, is this some type of lack issue he has. And I don't, I don't, I don't know. And it's not my job to analyze Richard Heart in that way. And as he said repeatedly, uh, I kind of disagree with the point he made about we shouldn't worry about his stake or his money. Of course we should, right? Of course, if you're in a situation like if you were in a company and there was a shareholder with, uh, 90% of the, the stock, you would be worried about if he's gonna sell. So that's kind of, I think, a ridiculous notion, right? A thing to mention. So that doesn't even really make any sense, right? And then he also goes on to say things like, well, you know, this isn't socialism, right? It's some type of socialist ideology. You want me to be a, a person who, you know, you know, against people who hold large stakes. Right. But correct me if I'm wrong, but my understanding was that in the, in the early days of HEX, Richard Heart created the persona that he was this Robin Hood-like figure and that he was putting all these penalties on whales and doing all these things that would be anti-capitalist. Right. And then he says, but cryptocurrency shouldn't be that way. The problem though was cryptocurrency. What is that when we do all these airdrops? He did the world's biggest airdrop. What about all that free money people didn't earn, right? He did it right for distribution purposes, right? Because we know what makes sense in cryptocurrency. So for Richard Hart to be as smart as he claims, some things, you know, seems to go over his head. And hopefully Trevon won't get upset about me playing you know, much of his clip. I don't want to violate fair use because I want to comment on some of the things he said and, uh, you know, reference the video. So hopefully I haven't done that, and hopefully he's not up— he won't be upset about me running that, that clip of his stream earlier. Uh, but he calls him a hypocrite, which I agree with. You know, in the beginning I was Team Richard Hart because I thought he was a smart guy who did understand the importance of distribution, right, in cryptocurrency, and that this was a necessary thing. Also, these basic concepts of socialism and communism and capitalism in cryptocurrency is not very applicable. And the reason it's not quite applicable is because we're now into an AI robot economy where robots are doing a lot of our labor. They're probably gonna do most of our labor. So it's no longer gonna be this equal transaction between your labor and what you earn, right? Robotics are gonna be doing. So now it's gonna become the intellectual property rights of who should own these things and, you know, at to what level and who has the patent to block this person at what level? As to say, we could all have robot laborers and the robots could be smart enough to do all our jobs and such. And that is coming, you know, it's already started. And so none of that really makes any sense in a sophisticated economy like cryptocurrency, right? It just doesn't. So, you know, that's what got me off of the Richard Heart bandwagon, right? And, um, I just want to make those points because they come up quite a bit and I just don't think they're relevant. I don't think they're really applicable and I just think it's kind of doesn't make any sense, right? You know, uh, I guess I would also say as we're looking at our, um, GoodDollar here, this is another one of these Citizens Dividend projects. And let me explain something. The Citizens Dividend, as they're onboarding these people Um, you can read here it says 80%— or I'm sorry, 50% of the world's population, right? Let me make sure I'm getting that right. Survives on less than $2 a day. I know a lot of you Hex and Pulse people who make, uh, your millions of millions of dollars, who I don't— I haven't met one of you yet who's a multi-millionaire from Hex, but, uh, excuse me, but, uh, apparently you all exist out there. But, uh, I know you guys don't care about that, so we, we won't delve into that. But if you look right here, there are 2,000 billionaires, right, that have, uh, 1% have more than twice as much as the money, right? Or the bottom 88%, and they're the ones who are surviving on like $10 a day. So you can see that none of that is working, that whole approach of a few people wealthy at the top in cryptocurrency. Number one, I don't think that ever was the purpose of cryptocurrency and not what it was trying to create. But, um, it also is proven here that ideas like, um, the Citizens Dividend, Good Dollar Bitcoin, MYK, the project we're spearheading is that it is attacking that ongoing and it's creating mass adoption, right? Because think about this, what the citizens dividend is really in a distribution model is the ultimate airdrop. You kind of think of it like what PulseChain attempted to do, but on a much better scale. Because when PulseChain did this, it didn't really fix the distribution problem. What it did was just gave people coins the same ratio that already had existed in cryptocurrency, which was screwed up from the get-go, right? Just remember this, guys. When an economy isn't well balanced, right, it is the mark of a bad economy, right? There is no economy in history that had poor distribution that was a successful economy.
None.
And the more those levels get off, the worse it gets. Right, so with projects like BitcoinNYK that we're spearheading, we're gonna solve all that. And I see we have to do that now because like Trevon said, Richard Heart is, to me, in my opinion, he is a hypocrite and he is the biggest of the hypocrites, right? And I think that's why he keeps putting these things out on Twitter about the people he's helping and, raise your hand if you think I've helped anybody. No, I don't really think you have, Richard Heart. I think you're contributing a great deal to the problem. I thought at first your, uh, idea to solve the problem and going out there correctly, but now I see you're just— not only are you more of the same, you might be worse than most of these people that have existed out there. Now, the only good thing I, I would say about Richard Hart would be that, uh, because of his poor attitude and poor behavior with others, uh, the big players, the venture capitalists, the banks and such, they're not going to do any business with them. So what happens is, yes, we do get more people, uh, trying to, to get in the chain, but even so, these people are still, uh, very minuscule in comparison to your, to the crypto whales that are taking 90% of the PulseChain, right? Does that make sense? So if your crypto whales are taking 90% of the PulseChain, that's not leaving much for the retail investors to, you know, to reap rewards and such, right? So that's the point I'm trying to get at. So at this point now, I have to come out, right, and do it myself, kind of like Thanos from the Marvel's Avengers movies. Well, not do it myself. Set the framework for the community to solve this problem, right? Uh, I might be the brains behind seeing what the problem is and creating a solution for it, but it is the community that will control the chain, the value of the chain, all of it, right? Uh, it won't be a situation like what we're getting with Pulse. It won't be some glory-driven, uh, ideology or what have you. We're going to release the Citizens Dividend, much like GoodDollar has done with Sam Altman. In other words, if you don't know who Sam Altman is, he's the guy responsible for ChatGPT. And these are the real problems blockchain technology can solve. What are we going to do about these robots replacing people in the work environment? What are we going to do, um, about, uh, economic prosperity to others? Taking advantage of the robot economy to our benefit. So these robots aren't controlled and this AI isn't controlled by a small percentile of the population, which is why they want to decentralize AI, right? So just stay with me here. So what we're doing is we're releasing the Citizen's Dividend Bitcoin MYK, right? Which will solve all those problems, but also has the best tokenomics I've ever seen in cryptocurrency. I think they're far superior to what you're getting in HEX and the PulseChain. It's already up over 1,000% over the last 30 days. I think it's going to go way, way higher than that. And I would invite you all to research this, study this, uh, very intelligent thought process behind this project. Uh, we have listened, we have looked at specifically what the problems are in cryptocurrency, and we know as a community, how to fix them. Uh, and so that's what we're doing. We're going to be releasing our inflation token a little later on this week. And I think you guys are going to be very, very excited about that. We're also going to release a video maybe a little later today, how to mint the BitcoinNYK token. It'll be a tutorial, hands-on tutorial, so you guys know how to do it. But this is where we're at with this. And we're now at a point where we can't trust any of these people anymore. We can't trust Richard Heart or any of these people. We gotta put together this community project with the Proof of Participation algorithm, which we're gonna demonstrate to you how it works, how it's going to fix the distribution problem, create a healthy— I think one of the best economies we've seen in the history of man. And we're excited about this project because I think we have a reason to be, because I think we've really taken years. You know, we've been working on this for like 5 years now. We've really taken that 5 years to analyze and know and go specifically to what the problems are in cryptocurrency from onboarding, the best way to onboard, uh, how to get the most wallets, um, how to create the best tokenomics, all of that, right? Uh, with the BitcoinMYK project. And subscribe to the channel, watch the videos. You're gonna learn about this project and how it works. And although it's not a get-rich-quick scheme like many of you like and would like to see with these crazy meme coins and stuff, it does have very specific tokenomics to building up the value we need in order to supply the Citizens' Dividend, get a lot of value back to you guys, and get your portfolios healthy, get you a lot healthier in a financial sense. Because that's the entire idea of the project. We're not glory seekers. We're just people trying to fix the problem and make the world better. That's what we thought Richard Heart was. We were incorrect in that assumption. And so we're no longer with Richard Heart, right? We, you know, and I know a lot of you all got your bags in that you want to follow that and good luck to you all. But as you can see, we're on a serious mission to solve a very real problem And, uh, it doesn't include, uh, you know, basically marketing to people with these get-rich-quick ideas, uh, in order to get them in a Lambo tomorrow. Uh, haven't seen that happen as of yet. For the majority of people, it's probably not. And, uh, some of us would call that hopium or wishful thinking on many of you guys' parts. But, uh, anyway, I would invite you all to keep watching this content. I do think it's going to be very beneficial to you financially, and you're going to see it in real time. Uh, some of you think that's going to be in the Pulse of Hex project. Some of you all don't even want me to talk about Pulse Hex, just focus on my project. But we do have to contrast because there has to be— where does Bitcoin and YK fit in the crypto world? And I think it's going to be important that we help and save a lot of these people who I think got the wrong idea about cryptocurrency. And the way to do it is we have to throw up the red flags, we have to get the dramatic videos in, because if we're just quiet as a mouse, people just don't respond to that. So, uh, unfortunately, I wish we didn't have to do it this way, but we do, you know, uh, because, uh, that's how things are. People tend not to go for good projects, not at first. They do eventually end up there, but not at first. They go for nonsense first. So to get their attention, you got to be somehow in the nonsense at least long enough to get them out of it. So I hope that makes sense in the video. That's all I want to say in this video. Don't forget to join BitcoinMYK today. It's absolutely free, uh, where it's not a scam, uh, uh, it is people like me who are economists, people who worked on Wall Street many years, people who are very much interested in economic prosperity for the world, leaving a legacy behind we could be proud of. And so that's what we're all about. That is our motivation. We're not seeking glory or being the first trillionaire. I think that's a little bit psycho— you know, psychotic. But, uh, some people might not. Okay, fine. But anyway, that's all I want to say in this video. Until next time, as always, take care of yourselves and each other.
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