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@mykos
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I wanted to add that it probably really gets into it after about minute 3. The first part if an explanation of basic functions of bitcoin. However it's so interesting as he's so negative about logistics on the chain.. food and many uses many of us would consider good use cases.

He talks about how developers get so rich creating all these ideas about what should go on the chain. The products lose 90% of their value lol. The only one who's seemingly not done that and just about recouped all its value is bitcoin. So i think we have to be careful about what we expect from the blockchain and where the focus should be.

Not saying altcoins won't make money. The developers build projects that make them rich just lose us our money lol. So although Jimmy does touch on most of what i was talking about .. this is part of a bigger documentary about an hour or so long that actually shows businesses that tried to leap on the blockchain hype train.

I think with our project in a very trumpian way we go we'll build a ubi platform and bitcoin will pay for it". However that's very carefully thought out. As our first approach is not to dilute bitcoin in which some products it's arguably they do. Some people believe altcoin dominance in a way can do that. So with us you don't buy our coin at all unless you're just a speculator. We match to the bitcoin ledger and if you own bitcoin and can prove it.. You get bitcoin myk in relation to that. Now what we happen to do is i think in bitcoin cash only about 3 million coins were claimed if i'm not mistaken. So we pay for our ubi with unclaimed coins but where we're different is we honor claims at anytime but there is a transactional fee.

The point i'm trying to make and why this is all important is that if our philosophy is correct the ubi network effect will outgrow the btc network effect. Thus we believe we'd be more valuable and we'd also be more rare as we reduce coins at a rate in a similar fashion to the bitcoin halving. So all this is important because we're saying the line between us and bitcoin doesn't change much like what you get with altcoins. So whether Jimmy Song is correct or not in his assessment i believe not only is bitcoin myk a more harmonius product but its a more likely to work product in my opinion.. So i may find the complete documentary but that was the most important part of it.

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