Kanye’s encryption trip is great

Kanye West (or YE, as is now known) last week, announced his first invasion in the coded currency industry with what his X account said is a new Memecoin, Yzy. West boredly said: “The official symbol has just decreased.” In video Posted on his X account. This, in itself, was somewhat strange (the West had previously swore to memecoins) and some web users speculated that the video may have been created.

The currency increased immediately in the value, and climb – within a few hours – to the maximum of the market is about 3 billion dollars, Wire reports. Soon after, the age value decreased expected, and eventually settled to about $ 1.5 billion, Forbes writes. While we sit here, the maximum Yzy Token market is much lower, about $ 169 million, according to CoinMarketcap site.

This week, West claimed that his Instagram account has been hacked and that the infiltrator used access to visitors to the direction of the encryption fraud. “My Instagram has been hacked as a fake currency,” west, west Tweet on Tuesday. visit Western Instagram account No sign appears to any kind of publications about the cryptocurrency, and the only account that the West seems to follow is the one who belongs to his girlfriend, Bianca Siarore. In X, West seized the opportunity to guide visitors in the direction of the real promotional page of its stomach currency.

West claimed that Yzy is in fact just part of the “new economy” that “on the series” (supposed to refer to Blockchain). Yzy Money, which is how this new financial system has been filled, as a wider group of financial products (including the discount card and something called “Ye Pay”) can people who trust in the West can buy their money. “Yzy Money is a concept of your position in control, free of central power,” Coin says.

It goes without saying that confidence in the West – or the encryption industry as a whole – with your money is something that must be thought carefully before making any great financial obligations. Yzy Money does not include a wide range of information about its products other than a question and a brief answer explaining how to trade, buy and use the original. The site also includes familiar evacuation: “Users acknowledge that digital assets include inherent risks and a complete loss. Nothing on this site is a legal or investment advice.” the site Conditions and terms It seems that the page also includes the condition that users give up their right to participate in a collective lawsuit.

To become encrypted, it seems that something could have been done by the West long ago. In fact, he was supposed to have entered the path of encryption before Hitler praiseBut after that, no one really knows what the future hides, right?