Xen Crypto - Pulsechain Solves No Problems

The host argues PulseChain's congestion and high fees reflect poor planning, not XEN's fault. He says PulseChain solves nothing when cheaper alternatives like Polygon and Binance Smart Chain already exist, and positions his own BitcoinMYK project as the real solution for mass adoption.
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Welcome back to the channel. I hope you all are having a great evening. And so today let's talk about some of the things that the community is talking about, whether it be on Zen, the community, or polls and hacks and such. And that is number one, did Zen Crypto break, uh, did it break, um, uh, the PulseChain, uh, um, and, uh, uh, PulseChain itself, is it, uh, did it accomplish anything, right? Um, did it— is it actually going to accomplish anything? So let's, let's look at some of the conversation we have about that. Let's, uh, Jack Levin, who recently, uh, appeared on, on Trevon James' channel, uh, you know, talked about, um, you know, how he felt some of the things with PulseChain as far as the bridge being clogged up, uh, really didn't have anything to do so much with, with Zen as it had to do with the inefficiency of the blocks being fulfilled, right? But anyway, let's examine that. Let's try to understand, is there any use now left in the post-chain? And, and let's explore that a bit. So first off, Bitcoin MYK, free transactions, moving all this, uh, super fast transactions, uh This is the block explorer, right? And we're not having any of the problems that the Hive blockchain has. In addition to that, I think we'll get the mass adoption a lot faster. We have just, I believe, superior tokenomics to, to many of these projects, and I think we're going to get to mass adoption light speed ahead of many of these projects trying to do this, right? But anyway, Jack Levin is saying that Zen didn't break PulseChain, that PulseChain was just ill-prepared either way. So here's the catch-22, right? So the people who have Pulse, right, and they're talking about, you know, they don't want the high transaction fees and such, right? Well, that's kind of showing that they don't understand blockchain technology, right? Because if they, if they want their, if their coin price is the moon, you know, if you want a situation like Ethereum and such, uh, doesn't it follow that the, the gas fees are interwoven into that and that, that has to go up for the value of the, your, your asset class to go up, right? So I mean, it's not much around that, um, unless you have a project like BitcoinNYK with tokenomics that are better and the transactions are free, right? Send money all around the world. And soon to be released, our inflation token, which is going to line the coffers of everybody's wallets, right? And, uh, revolutionize the world, right? But of course, if you're on like Ethereum or if you're on or, uh, the PulseChain, uh, that is an impossibility. So what's happening is the Pulse community are locked on PulseChain, disconnected from the rest of cryptocurrency on an island, right? And the ones who sacrifice for Pulse, they're inter-trading with each other. They can't trade with anybody else, right? Not really, not really. And so people aren't participating, aren't very excited about PulseChain anymore, right? And that's just the logical conclusion to come to through deductive reasoning, that it probably doesn't get any better than this. It certainly doesn't get any more useful. But, uh, you know, PulseChain, uh, As far as I can tell, it doesn't really accomplish anything because if you think about it, right, if the entire idea is for just the price to go up, right, no other part of model matters, right? Then, then if that's the case, then You're, you're not really solving any problem, right? If I want to do cheap transactions, free transactions, if I want to run my games on these platforms, right? So that, uh, uh, in an efficient way so people can use them as such, because otherwise we can't do that. It might as well just be like Bitcoin or something. It's going to, you know, it's going to be very limited in that scope. You're not going to be able to use it, right? Uh, so in that, in that sense, uh, if that's the case, um, you know, then, um, that's what you're going to be, you know, looking at, right? Um, and so you have to, uh, I'm sorry guys, I'm just trying to look at this at the same time and do this video. But anyways, uh, yeah, you're gonna, you're gonna have that problem where you're not going to have use of the chain, right? And because that use is not going to be there, it's not going to be valuable to a lot of people, right? So what else would I use PulseChain for, right? In other words, give me, give me an argument as to why we would need PulseChain. Oh, wrong, wrong token there. So why would we need PulseChain, um, if we already got, you know, uh, many of the other chains like the Polygons, the Binance chains, and so on, where the fees are cheaper than PulseChain, right? And probably going to be because remember, PulseChain is going to supposedly be doing the 10,000x, they're going to supposedly be doing the, you know, the and whatnot. Can you all give me another reason, um, as to what will be the use of, of a PulseChain? Is it just to be like a twin brother of Ethereum? Um, I, I don't know, maybe you all can explain that to me, like what was the, the overall idea of this? Um, the, the other part is a lot of people believe that Zen is going to launch, and when Zen launches, it is going to be a lot more efficient. So the fees are going to be a lot cheaper. It's just going to be a lot more useful chain. In a sense, I think if Zen were to launch now, right, imagine the shock that would have Zen launching against Pulse and its in its, uh, chaos. And, uh, you know, people being able to, to, to utilize that chain, right? Obviously, people, you know, the value just went into PulseChain. People are stuck on there trying to find a way to, to get that value off, and it's just not working out for them at the moment, right? Um, anyway, I guess really what this video is, is about, guys, is where do we want this to go from here? Like, because I don't want to keep beating a dead horse, but when you're dealing with a free transaction chain, right, can you think of the many advantages there are to that? Like, do you all realize when you're using a currency, that a currency has no more value at $1 than it has at $1 million, that the, the, the actual use of that currency, right, as a medium of exchange is in its ability to do that, right? But PulseChain can't move, right? Many of these, uh, Ethereum-based models can't move. You can't You can't really transact anything, right? You can't move money around the globe with Ethereum, right? It's ridiculous. And so they have to try to create these kind of centralized third-party ways to do it, right? But I think that that's missing a lot of what we're trying to accomplish here, right? Why we're doing this in the first place. Um, Yeah, I don't think PulseChain's going down in history as a— to me, it could have just been as easy to launch like HEX on Polygon or something, right? Um, you know, one of these, uh, low fee chains. Would have just been easier to do that with HEX, to build an ecosystem around, or just go, hey, I'm just gonna— we're just gonna move HEX I mean, it's okay to create your, your own blockchain in the idea that this doesn't happen. If this is going to happen, it's almost pointless, right? Unless, I guess not, because I guess you could also look at it like, is if we're going to be eating up the Ethereum, is going to eat up all our fees and go to the Ethereum community, why not have it just go to the, at least have it go to the HEX community, right? We're still gonna pay high fees. We're still not gonna be able to move value and create mass adoption and global economic prosperity. None of that's gonna happen because these chains are ill-equipped to, to deal with that and— excuse me— and to handle that, right? It's the delegated proof of stake models that are gonna be the closest to being able to achieve that, right? And not without their problems, but what you have to understand, these are much more, uh, uh, solvable problems, especially along the area of decentralization when we're dealing with systems like this, uh, you know. And even going back to XEM for a moment, even if it is true Zen, its purpose was to act like a virus and destroy all these chains as such as some people think, you know, Jack's doing with Zen, right? Even if that is the case, I would be for it because it would still be a disruptor to the heavy centralization that Ethereum's causing with the high fees. Because all Ethereum and PulseChain is really doing for the people who were upset about launching XEN on PulseChain as such. Only thing it's been able to do is create, keep a certain amount of centralization, you know, due to the exorbitant gas fees that a lot of the community, you know, won't participate in and won't pay. So that's the only thing it's managed to do is kind of alienate itself, right? Um, so by relaunching XEN on Pulse, in the— an idea, in theory, it could have been looked at like, okay, now we're launching on a cheaper chain where everybody can participate, right? Could have been looked at like that. But I also think it's— it was about, uh, the XEN community just did not know if Richard Heart would allow Zen to be on there and not be blacklisted, right? 'Cause remember, we're still at the end of the day talking about the idea of what could be a centralized chain. How safe is it? Would Zen have been, right? Either way, not saying that, you know, it would be blacklisted or that somehow the PulseChain would go against the first principle ideas. Not saying that at all. But that's nothing that Jack Levin or the XAND community would have known either way. And so proceeding to protect itself, launches his own contracts and chains and such. You know, I don't think that was so much the problem as just it being launched on Ethereum in the first place. Like, I don't think a project like XAND really had any purpose of being on Ethereum. It may— it would have made more sense just to, to do it how it was done in it appear on PulseChain, I believe, right? Because Ethereum is just trash for, uh, an idea like Zen, right? Just doesn't make any sense. Um, but I kind of just rambled on in this video, right? I was kind of distracted. Uh, like I said, uh, these projects to me are like milk, you know, Zen and Pulse and, you know, trying to pump up prices in a casino and, you know, not really creating a solution across, you know, the global economy that's, you know, so much smaller now. But it's like, it's like milk. But what BitcoinNYK is doing is like wine. Right? It's like wine because it's actually gonna solve these problems, right? It's actually doing what is necessary, you know, and not just the lip service part of, oh, you know, we're gonna be this great thing that do all these great things for the world. No, you're not gonna do great things for the world. You're gonna do good things for a handful of people. And that's just because you're not set up to do these things, right? There's a lot that's been left out of the construction of a project that could do that, right? Not only economics, but philosophy, right? Understanding velocity of money, understanding, you know, the psychology and nature of human beings. There's just so much that goes into it besides price go up Can I make a few bucks trading cryptocurrency, right? But these systems then lend themselves to those opportunities from their usefulness, right? That has to occur. PulseChain, it is, it has no use at all for me. It is a total, total unusable chain. I don't think it's ever gonna be an efficient chain. Pretty much pointless at this point in time. And, uh, and that, that doesn't mean you're not gonna make money from it, right? You know, you, you, it's gonna be money made from PulseChain. Some people are gonna make pretty good money. But what I'm saying is that this is the same argument that I would give in a Las Vegas casino at a game of roulette. Uh, this is that same argument where I would go Yes, I'm a good roulette player. There is a good chance I'm gonna walk in here and tonight I'm gonna walk out with money, right? There's a very high probability of that. But is there a usefulness in a ball dangling around a wheel all night that's really having a prosperous impact on people? Probably not. That's why it's called gambling. And that's kind of how I see the PulseChain now. Didn't see it that way at first, but now I'm starting to see down the line how many of our minds work in cryptocurrency and why we're so behind and, uh, where we could actually be if we did this thing right. But BitcoinMYK on the way, the inflation token, it is almost here. It is very, very soon. We're going to soon do a video about how soon it is, and, uh, that's going to solve a lot of problems. That's going to put that crypto in your wallets create that economic prosperity for you, transaction-free, and yet it's going to have value. And we're going to explain to you and show you just how we're able to put that together. But anyway, that's all I want to say in this video, guys. Until next time, as always, take care of yourselves and each other.
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