Xen Crypto - Up 1000% [New Info] Jack Levin Greater Satoshi

XIN surged 1,000% as the host critiques venture-capital centralization on blockchains. Jack Levin's Zen uses proof-of-participation and free token distribution to prevent elite capture, letting anyone validate or earn through social media.
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Welcome back to the channel. I hope you all are having a great day. XIN over the last month up over 1,000%, right? So what should we be doing at this point? Up over 1,000%, it, you know, of course with the state of XIN, the prices fluctuate to a great degree. Um, but what would be a great strategy, you know, uh, opinion-wise on what to do in a situation like that. And these are just my opinions, right? This is not financial advice for you, but more of an idea and a roadmap of what I personally do. Also, we're going to talk about some, some newest groundbreaking information that Jack Levin spoke about or released recently. And so let's talk about that a little bit. So Whereas in cryptocurrency right now, nobody's balling in cryptocurrency. The markets have been, you know, drying up. People haven't been investing in cryptocurrency. In fact, I was watching a podcast the other day that showed the devastating effect of what happened to party scenes like Miami Beach because of all the crypto millionaires have seemed to vanish and go away. And this is how the state of affairs work in this space in cryptocurrency, right? So, uh, I want to talk about, uh, why Zen produces a person like Jack Levin, who I refer to now as the Greater Satoshi, or probably right now one of the greatest figures in cryptocurrency. I'm going to explain a little bit why I believe that is, uh, and talk about what this new information that Jack Levin release means, right? So, uh, first we gotta understand the purpose of Zen, right? What's going on with Zen? In this latest update, Jack Levin spoke about, uh, there being this, uh, what some might deem a problem with venture capitalists and angel investors. And this class or this unique group of individuals that they sweep into a blockchain, specifically level 1 blockchains, right, that power all of our activities, and they take possession of those blockchains, so to speak, right? And in doing so, they become targets for government organizations because by all definitions, pretty much once this happens, You, your, your blockchain becomes centralized right now. You got people holding 30% of the supply, 40%, 90%, whatever the case may be. There is now is a target and there is a clear area of centralization that takes away from everything blockchain technology is. In other words, if you're not reducing those numbers, those supply holders, there is almost no purpose to any of these cryptocurrency projects. You might as well run a corporation or business that is a for-profit business, do the same thing. There's no reason for you to really function on the blockchain. Now, the problem of course is over 90% of our top 10 cryptocurrencies function this way. About 1%— or I'm sorry, about 87% of the Bitcoin network is owned by 1% of the network, which makes Bitcoin greatly decentralized. And Bitcoin is the best example of something close to a decentralized cryptocurrency. It's the best, but it has the worst numbers imaginable, or statistics rather. And it just gets worse from Bitcoin on down, right? And so that's everybody. Nobody achieves that. Now, Jack Levin with Zen is attacking that problem by basically making it so difficult for venture capitalists and these outside private special groups, these elite classes of people to take possession of the chains, right? And that's what's gonna happen. As soon as they take hundreds of millions of dollars from them, you're never— there's never going to be any decentralization, and you're missing the first principle of blockchain technology. Bitcoin even misses it. Thus, you shouldn't even really be, in my opinion, considered a cryptocurrency. So I want to get this all out of the way so we have an understanding of exactly what Zen is and what many other cryptocurrency projects are. And I hope that's clear enough. But what Jack Levin is doing is he's going back to the first few years, it seems, of Bitcoin, where even people who lack the technical aptitude, people who aren't developers, so to speak, people who aren't, uh, technically inclined, people who aren't wealthy can come in here and have a fair chance at downloading an application just like the early days of Bitcoin. You can just go on GitHub as he explains it, and pretty much anybody who probably can work a cryptocurrency wallet is gonna probably be able to do this or pull this off, right? Look at something like Bitcoin, Ethereum— those things are pretty much impossible. And as they switch to these proof-of-stake models to the degree they're at, Many are just wolf control, right? Which again takes you away from decentralization, makes you targets for the SEC, the government, right? Makes it so they can get to you and shut down distribution and so on and so forth, or forces you to sell the cryptocurrency. They can do all these things, right? But the way Jack Levin is setting it up, to put it in simple layman's terms, Grant Cardone once said, he's the real estate guru, guru, whatever. And I don't, really follow him, but I happened to pick this up and I thought this was very important. And he said, you know what the problem with cryptocurrency is? You need to just give it to everybody. Give it to everybody. And once everybody has the cryptocurrency, right, then you adopt them. Don't tell them to go out and buy it or work for it. They don't know what the value of it is. Don't tell them they should get it. They they don't know what the value of it is. Just give it to them. And AutoZen, not perfect, is the closest to just giving you the cryptocurrency free, just setting it up so you can have fair distribution and so on and so forth. Almost the, almost the best. There's another one that, uh, whereas not as marketing-wise as successful as Zen, uh, I think it gets to the bottom line of what we need to do, But there are many, uh, problems when putting together projects like this. And the first one being is that when we put projects together like this, uh, I'm a part founder, or I am the founder of a, of a project called BitcoinMYK, which was the first proof of participation model, right? So it existed, predated Zen by many years. But, uh, we champion Zen because Zen has picked up many of our principles and has successfully got them out to the public faster than we could, right? But it did it faster, but not without its problems, right? But even so, the more products like this pop up, the closer we get to the goal. So we champion Zen in this regard. One problem I had with Zen though was the problem of, if you want to get out the elite and, and this exclusivity, so to speak, to these groups, uh, very expensive blockchains like Ethereum aren't the best to run them on, but they bring in value, right? Maybe having a balance of that, like what Zen's doing with cheaper blockchains you can just use, and they all working together in the same ecosystem. That was a brilliant idea. And is one I applaud Jack Levin greatly on. Uh, our approach is a more long-term, long-drawn-out effect where we're giving everybody cryptocurrency regardless of wealth and whatnot. And I know, uh, Zen doesn't consider itself as, uh, more of these products that are pushing, uh, towards centralization a little bit more, but the very high prices on Ethereum left a lot of people out, and then those people have to catch up, right? Or these blockchains that they're on battle it out, which again was brilliant to have them launch on many, and the ones that, you know, to the public make more sense is what they choose, right? Right, so these are all brilliant ideas, but basically this is what these new updates mean, that you're gonna be able to mine, basically run validators for XIN Layer 1 which hopefully will be launched in 2024, uh, like it did early Bitcoin, right? How everybody pretty much could get in, do it, get all these big Bitcoins. Everybody was kind of on the same playing field, so to speak, as far as, uh, technical aptitude, as far as, uh, distribution and opportunity. So when we speak of things like these validators, And you can be a validator and I can be a validator, right? This is what this is doing is this is making the chain more decentralized. This is now operating on the first principles of cryptocurrency, right? In the blockchain. What BitcoinNYK does, it makes it even simpler because we're using social media activities to basically mint the cryptocurrency, right? Whichever approach you use, we're just using a different approach, whether it's download something out of GitHub or do something on social media and it is part of the distribution model in the algorithm, right? To mint these cryptocurrencies. Whatever you're doing, the approach is the same and the outcome is moving toward the same goal. And we champion projects like that. And that's why at this point I feel Jack Levin, that he's doing that the closest. He becomes the greater Satoshi in that I believe Satoshi meant to do this thing. But the problem that Jack's trying to avoid is— or the entire ecosystem, because I don't want to say it's like Jack Levin's running the show. Obviously Zen has launched many other applications and the community is growing great. Uh, the value up over 1,000% this month. Not many cryptocurrencies doing that, especially during these times. Um, The other thing I like to say very quickly is that people who watch the channel, a lot of people came to me. I was one of the first people to talk about HEX and they said, I missed the boat. I wish I'd have been watching your channel. I wish I would have just known, right? Okay. So some came over, some still didn't do anything. Next, I talked about XIN. I said, hey, XIN, uh, up over 1,000% this month. They was like, oh no, XIN's dead. It's not going to do anything. And all these, uh, great updates coming out, right? And Jack Levin, cranking it out, cranking it out nonstop. Uh, then we get the Bitcoin MYK, right? Do you see a pattern here? And what is that pattern? The pattern is that there's a reason why people are missing all these products, because the first problem is mentality-wise, they don't understand cryptocurrency or the blockchain. They only understand, uh, many times the direction of the hype trains, right? But it is the rudiment. There is a reason why the top 10 cryptocurrencies, uh, stay where they are, right? Or if certain ones there, some ones aren't. Many of the ones there have close or move closer to those first principles of cryptocurrency, right? Meaning we got to get these cryptocurrencies out to people, right? Whereas the other ones are more so like the elitist groups Jack's talking about, where venture capital funds are rushing in, right? They're at the top of the pyramid. They're throwing a little Scooby Snacks to a few people. And after a while, these projects dry up because they're sucking all the value out and the growth slowing down. Because in retrospect, the true idea of cryptocurrency is not to have 1% of the global economy insanely wealthy, right? You look at cryptocurrency millionaires, isn't it? The idea of cryptocurrency is anti that. It wants to have as many millionaires as possible. It doesn't want to have people controlling 90% of the supply. That's totally anti to it, uh, just for prices to go up. Those models probably won't sustain. Zen is on its way, even though it might be taking a longer road. We've seen it with very little volume, tens of thousands of dollars, hundreds of thousands of dollars. Now you see it slowly creeping up, hundreds of, uh, tens of millions of dollars, right? Probably gonna move on to hundreds of millions to billions because of this, right? Do you, do you follow what I'm saying here, right? We want to get cryptocurrency out as easy as possible to people. People do social media every day. We're doing it now. You're doing it watching this video. But if watching the video was the sign, is the same as mining the cryptocurrency, if downloading some from GitHub, that's not very difficult to understand. It takes you 20, 30 minutes to set up on your home computer, and it doesn't require a million-dollar operation to run it. You're going to have more people doing it. You're going to have more balance Uh, control of the supply, more decentralization. It's healthier. You can't be targeted by the SEC. You look at a project like what we're doing at BitcoinMYK. If our entire model is to get the cryptocurrencies out to everybody, what do you think would happen if the SEC came after us, right? We would not have enough supply to affect the model, right? So where you're talking about holding admin keys, Uh, not holding admin keys, right? Or holding a very low supply. These things all in the grand scheme equate to about the same thing, right? And we need to be, uh, aware of these things. Uh, and that's how you're going to be able to catch these 1,000% jumps, not because of the hype cycle, but because the projects make sense. In general. So what are we learning here? We're learning that, uh, almost free, or in some terms close to free as you can get, cryptocurrencies, free cryptocurrency could be worth tremendous value, right? This is anti what we've been taught to believe, right? We're understanding network effect. Is more valuable than whether your cryptocurrency is bought and sold on exchange, right? We're also learning, um, that, uh, the people who've watched this channel, right, we were the first people to talk about HEX, uh, people made millions of dollars from it. The first people to talk about XIN. This is one of the first channels to talk about XIN too, uh, even when Hexicans were like, don't talk about it. We still talked about it, right? That was a good move. So when a person has good judgment, a good track record, I'm not necessarily saying take this as financial advice, right? But more so just look at this as more so, uh, an educate— entertainment educational situation, uh, It tends to be that good television shows produce— well, if they have several good episodes, they're going to continue to have good episodes, right? More than likely. Not necessarily, but more than likely. They have kind of that track record. And that's what we're saying here at this channel, right? I was looking at Altcoin Daily, millions of views, right? Millions of views, hundreds of thousands of views a day. What's the best information from Altcoin Daily's channel? Buy Bitcoin, buy Ethereum, right? But the problem with these type of ideas— where it's not— I don't think it's wrong advice, but the problem and idea is that these projects are very centralized and they are opposite of what the principles of blockchain is. And they become like that because of the angel investors and venture capitalists starting up with $150 million, $200 million before they even build anything. They get this kind of money right there from the jump. Those projects aren't truly decentralized, right? Those are capitalistic, uh, models, and they're of the dangerous sort. It's totally different from the idea, early ideas of Satoshi and what got us in all of this mess to begin with. But again, guys, I've said look at HEX at the time I said it. I said look at ZEN, and I'm now saying look at Bitcoin MYK because there are similarities in them. And although now I lean more to ZEN as I look at ZEN is more of a parallel model to Bitcoin MYK as we just showed you, they're based on the same ideas. Uh, and, uh, BitcoinNYK was always meant to be a real project. We've never relied on hype cycles because we wanted people to understand this. Now it takes time to understand this, digest this, but when you do, and when you look at the historical data, I think you'll begin to understand it and see this as I see it, right? That getting these cryptocurrencies out as fast as possible to people in the easiest ways, right? If I can download something on my computer and, and, uh, help secure that network, validate that network, right? And it only takes me 10, 15 minutes to do it. And, uh, a person who doesn't have any technical experience can do it, then that stops those elite classes and putting them in unfair advantages to other people, right? If you can get on here and watch a video or you can post to social media Uh, something said something great about Zen and you earn cryptocurrency for that and everybody does it and everybody's on the same, uh, accord. You create fair opportunity for all. That's all we're saying. And the people like Jack Levin and myself who do these things, it is because we believe in those principles. It's not because we want to be billionaires and hold all the value on the blockchain. If we wanted to do that, we could approach it like the other projects approach it. We're doing it because we want the best outcome for everyone, right? So that's why I championed Zen, that's why I champion Bitcoin MYK, and I'm more so cautious of the others, uh, but through this journey, uh, we're all going to figure out what's the best way to move along the story of cryptocurrency. And I can tell you with Zen, it's moving in the right direction. Check out BitcoinMYK. Uh, we don't want you to be that guy who missed that 1,000% move on Zen. We don't want you to be that guy that missed the millions in HEX. We want you to understand free cryptocurrencies don't mean zero value, right? And BitcoinMYK is a free cryptocurrency, and we've shown, uh, through the data, through proof, that it doesn't carry zero value. That's all I wanna say in the video. Until next time, as always, take care of yourselves and each other.
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