Yes this is a big problem. Unfortunately this will go over like 90% of the spaces head. These people here to get rich quick and overnite that's the demand driving factor for cryptocurrency and it's a recipe for disaster.

The short answer is the bitcoin maximalist are technically correct in my opinion. So let me just give this quick example i knew this would be an issue. So when i created bitcoin myk, which i expected the first few years people wouldn't understand it. I planned this all out because i understand how crypto works and economies work. Most people do not so they'll get all this later down the road.

So crypto is at it's core inflationary. All of it is. Now that's a huge problem. Bitcoin is deflationary that's why it's king, that's why it works. Now the reason that all your theories or most in the crypto space fail. They do poorly and can't replace bitcoin although it should be super easy.

The reason they have this problem is that the truth is they never created enough demand or urgency to keep up with their money printing machine. Which is all crypto is for the most part. Crypto is so oxymoronic and misunderstood. That's why so many ideas of crypto have shifted and came up.

For example.. most of crypto with the exception of bitcoin and bitcoin myk are just money funding operations for asset creation namely unregistered securities. that's all they are and that's a real problem as it's not really a problem we need to be solved. That's why so little people are in. It's not due to unawareness. It's due to if a person wants ownership of something or a funding mechanism. More than likely they want it with regulation. Why?

If i own something the entire purpose is for the ownership to be enforceable. What good does it do me for an asset to belong to me only in name or idea but can't be enforced. it's dumb .. and stupid. So the thing that does work is a currency. " Root word" cryptocurrency. I don't mean to offend people around here but the level of ignorance is ridiculously high.

A currency makes sense as it's not an asset. I just need to verify your acceptance of the currency to facilitate as a medium of exchange. It's not about the currency going up in value and making money in that regard. That makes sense because then in idea you just need it to really be stable. if you need more of it you just obtain more of it.

Crypto fully runs on " price go up" for no other reason than price go up. It is a retardation. I don't care what they say how great it is.. and blah blah. it's not enforceable it's like having a right to something that you know can never be enforced so it's dumb.

Currency is different the utility of a currency is in it's reliability. Reliability is in it's stability not ponzi scheme fundraising crappy operation and can i get rich dumping crap i don't particularly want on someone else.

Now, bitcoin myk at this stage as i mentioned earlier was never meant to be understood this early. I knew it couldn't you'd need a good handle on economics to understand bitcoin myk. However it's utility and purpose wins in the end. if you read the bitcoin myk white paper you'd know bitcoin myk was never meant to raise money or be a cryptocurrency unrelated to bitcoin.

it was really meant to give bitcoin holders free transferrence to bitcoin myk without diluting bitcoin. Now the only conclusion i can reach is that most cryptos in fact dilute bitcoin. That the bitcoin holders move out of their positoins into something else. The reason this is a problem is these aren't really viable financial solutions or even good businesses.

Most of them are redundant cloned projects that probably don't even need to exist on the chain. So the entire thing is ridiculous. In a market this small you can only dilute the money circulating in the present economy, lol. You're not really creating any new money. I know thats what they want you to believe. That's not really the case.

In bitcoin myk you move your bitcoin value in a sense through blockchains free or almost free. There is no dilution unless you count miner inflation. As the miners costing so much money eventually people just move their bitcoin value around in something like bitcoin myk. Here's the overall point though. Say if i'm a bitcoin holder and i become interested in hive or leofinance. now i gotta sell my bitcoin or find new money.

So now these people in the bitcoin universe have diluted bitcoin in a very small market. people refuse to accept that but that's what it is. I don't think we're creating new money because i fail to see the urgency and utility in over 99% of the crypto projects out there. It's stupid and dumb.

Many of your theories work if growth outpaces inflation. That growth moves corelational to inflation. The rate we print new crypto money is exponential it's no way our growth rate will ever keep up with that. That's why bitcoin myk uses bitcoin economy. It uses bitcoin holders and through it's efficiency adn use for bitcoin i could see it creating new users and wallets etc., These crypto projects don't really do that and i doubt they reach a base north of bitcoin most of the time they don't. So i'm oversimplifying this but if you dial it up you kinda come to the same conclusion.

Something like bitcoin myk would make sense to use because not only does it have a social experience similar to like teh 2.9 billion users facebook has. It just moves bitcoin value to bitcoin myk without diluting bitcoin. This is why the bitcoin maximalist don't want any businesses on the chain and neither do i.

The reason is if you have businesses like you all have on the chain. this gets technical and i wont get deep into it because i just can't write a paper on this. However if you really think about what the bitcoin maximalist are saying. THe efficiency of bitcoin is ridiculous to think you going to have any dapps running on it and businesses etc., Im sure at this point they feel that's ridiculous.

So they can't want businesses on the chain and all these games and things if they think they going to run it on bitcoin. Their entire bible says bitcoin does better undeveloped and just stuck in limbo. So that means they can't want that. So bitcoin myk can have that without diluting bitcoin. It's really that simple but people and businesses that couldn't raise money through a traditional sense came here with their failed projects to attempt it. THey are failing just like they'd fail in the real world.

Now bitcoin myk never had to raise a dime. No worries of the lights going out. it can run 100 years no problem. We need no funding. Our operation everything you see was done and complete before the first buck traded. We got enough smart brains and developers to do the same thing. THey raise money because they usurp our money and know it's all crap. So investors lose bitcoin gets further diluted because of the confusion and endless printing of money in a space that uses this false narrative of limited printing of money as if they are really creating new money. it's total bogus

Bitcoin myk doesn't play with peoples money or make such baloney claims. the thing is that it all will eventually come to a head. No doubt about it and there are people i run into them all the time online. who never going to get involved in crypto because of this. They never ever going to come here. So in the future i think most crypto like projects will share this degree of alot of centralization and regulation because we can't get it together. Unfortunately it's so early we just not smart enough to understand something this sophisticated yet. So all you got is a bunch of ignoramous people running in here to make quick get rich money that's what holds their attention. that's what motivates them and most of them lose. Most of them don't get the money and their distribution and velocity of money sucks because these projects aren't currencies to begin with. THey just ways to skirt around the law and make a few people at the top rich. They take the money go to an island or go to prison. Leave a bad taste in the rest of the peoples mouth and that's what you got.