Well i think coming into a cryptocurrency project thinking it's a scam first of all is a really good idea. i encourage everyone to do that. in fact i encourage everyone not to buy cryptocurrencies period. So i presented a few videos here. The first video is entitled
Why Using Hive Makes You Consent in Crime and Criminal Activity, DPOS Failed
Done by a youtuber with over 1 million subscribers.
the second video is entitled:
The Great Steemit Debate: Tone Vays vs. Jeff Berwick "Ponzi Scheme or Paradigm Shift?"
where tone vays pretty much proves it's a ponzi scheme
Last video where professor Karl Widerquist speaks at a UBI march.
Karl Widerquist Speech - UBI - March - Andrew Yang
So i'm with you 100% don't buy this cryptocurrency. if you buy it. Then it probably means you're a greedy speculator trying to make money off an asset. So i'm not going to be long in these conversations this time because i know at this point people aren't going to listen to you anyway except the people in your inner circle who will listen anyway which is why hive is a 200 place coin and not a top 100 coin.
However i would say your observtion under normal circumstances would be correct that the value is manipulated if we weren't a free coin that functioned more like a nonprofit. For example you used some currency today. Your goal was to exchange it not to profit from it. if you profit from it then it behaves more like a security. What's the problem with that? Well most cryptos would fall under unregistered security which is illegal.
I've worked on wallstreet and worked for the top investment firms in the country.I can you tell you that you guys are clearly either an unregistered security or dangerously close. Now for me it doesn't make logical sense to wanna own a business or product over the blockchain that would be enforced by whom? however a currency makes sense for many reasons i won't get into right now.
Our entire project.. it's function it's funding everything is structured in a way you don't buy the crypto and it acts more like a currency. Even if you don't buy it will still have value and people will still sell it for something. THe system was designed this way. It's based on metcalfe's law. So i agree with you don't buy it. We don't need you to buy it. If we needed people to buy it the project would be down a long time ago.
Let me ask you a question? the last video i presented you. People going to ubi marches all over the country? What is their payment for that? what is their profit? if people can make this a life goal and advocate ubi and not get a single dime for it. You think i can't do the same? in fact it's easier for me to do it this way than get out in the rain sleet and cold.
So i consider this a privilege but i will say this. If your main concern is profits and money over freedom which is what ubi would provide to most citizens. then yes by all means stay away from this project.. but i will still send it to your wallets and it's nothing you can do about that but give it away or deny it lol. This not about money for me never was. The ubi autocuration system. The ubi program whether i profit from it or not doesn't make any difference to me. On top of that the system was created and built before any single person even considered buying the coin and many have bought but in addition to that.
I'll tell you another secret i got enough funding to run the program for 100 years without one dime. Now i don't care what happens in the market to me however you all price the values of your cryptos is your problem not mines. Go profit in your businesses or whatever they are on the blockchains those unregistered securities but i will say this. A free currency everyone trades and has the value they believe it should have is what will create the most impact. We know social networks can create value and users can engage in them free or nearly free and get benefits. i don't need to sell you a cryptocurrency for that to be so.
So if you're not ubi advocates go back to your ponzi schemes. it doesn't make me any difference i know the overall goal is a currency that sets men free not more ponzi schemes and businesses on chains that shouldn't be on the chain because they dumb noboby can enforce them for it to be mean anything lol. or the currency has to be accepted and enough wallets to really truly mean anything and you all will never achieve that. only through freemium services
Now if a nonprofit organization writes you a check for whatever cause. does it matter if the president or whoever wrote you the check. no.. we're not a business. we're a ubi program. the cryptocurrency is based on the network size and wallets and transactions with the social network helping to push that along. you can earn as much free as the people who buy it. i don't care about what happens to the buyers.. who cares.. i don't care about pricing us in hive or anything else i care about network reach under metcalfe's law you all can have the smoke and mirrors of the market. now this may fly over yoru conclaves head.. who cares we're on bitcoin cash..waves.. bitcoin satoshi vision, soon ethereum and cardano as well as ripple. cctipsswap. we have many counterparts to this coin. hive is one blockchain with one narrow viewed group of people not everyone on hive but enough to keep it a 200 place coin.
we have a social network don't you all understand we'll produce value even without token buyers the entire idea is to give you free coins not you buy them. what ubi program works any other way.. just think folks.. and if you think it's a scam earn it free sell it free see if you get anything for paying absolutely nothing and if you didnt think we were a threat would you keep writing about us? nope you write about us because deep down you afraid it makes more sense than your ponzi scheme that wont last anyway because i'ts a house not built on a solid foundation which is why dan larimer left and ned scott.
RE: Bitcoin MYK and BBD Dollars - Scams or Well Meaning but Confused?