Bitcoin Myk Backed Dollars On Zapit Wallet! Up 11%

Yes bbd's provide liquidity for btcmyk. They operate together. So likely what will happen is as bbd's keep providing this liquidity pool the btcmyk's eventually get bought off. They are deflationary so they'll drop to about only 5 million and so everyone selling at a price too low will eventually theoretically just run out of the supply unless they start increasing the price. So its not many in circulation so the price should naturally follow a path up. Which is probably why its difficult now for the price to drop. Since the beginning of the year btcmyk is up over 7000%.. i'm not really aware of any coins that's done that. it's designed to do that because as the coins go through transactions they go out of circulation a large portion. So it should follow that natural path tokenomics wise. As long as the network continues to grow. So far nearly 7300 kyc accounts site picking up ad revenue and over 14,000 over exchanges. So fundamentally i would say its designed to do that of course thats not considering big dumps from bigger stakeholders etc., although i'd imagine the market would absorb them and the process would just repeat.

So my analysis of what bbd's will be good for. They seemingly will be more utilitized and btcmyk more like gold. So bbd's may be more exciting to trade and get quick result returns. I think ultimately btcmyk as bbd's provide the liquidity they will be more like preservation of capital but move up gradually. So i think being in anyone is probably going to pretty much yield the same result. I just think bbd's will be more fast and exciting in a boring market whereas btcmyk's its a good long term play. If you're on a time table than bbd's will probably be more appealing to traders.. however bbd's are creating a slight degree of inflation that is contained as to say they are only issued when the network gains value through growth and not just printed out of thin air. So i think those are the differences but they dont much seperate from one another they kinda the same thing its just bbd's are faster liquidity

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