Zebec's New Whitepaper Changes Everything | Why I'm Reducing My ZBCN Position

[00:00:06][music] [music] Today's message, the structure only works if the truth stays buried and the spiritually awake stays quiet. Welcome back all my freeth thinkers to another episode of Grow Rich Grow Happy. That place where we follow the breadcrumbs to wealth. And guys, I'm about to show you some things with Zebic Network. Some show you some things that made me rethink my position in them.

[00:00:49][snorts] And let me just say, I'm not spreading FUD. I'm just showing you things. I'm showing you what me and my researcher has uncovered and the things that transpired over the course of the my last episode and I'll flash that up here for you guys to see has helped me see things clearly.

[00:01:11]And as this is a community here of freethinkers, I'm all about bringing you guys the truth and the facts. So, I'm going to do that in this episode. So, if you're a ZBCN holder, this is the episode you want to see as I'm going to show you what we see and then I'm going to just be honest with you. And that's that's all you guys want from me and that's all you should want from all your all your content creators that you are subscribed to. If this is your first time here to Grow Rich Grow Happy, do me a favor. Smash that like button. Give me a sub. Hit that bell notification so that you don't miss any of these episodes, guys. We are about building wealth in this community. Hype this video, guys, because I'm always going to be truthful with you. I'm going to rip the band-aid off. It's going to hurt sometimes.

[00:02:02]Hell, it hurts me. But, um, I understand if you want to grow, you have to be able to take the good with the bad. So, do that for me, guys. Look down below. Get your cold storage wallet. Offer a 10% discount on tandem cold storage wallets.

[00:02:16]That discount does go to support this channel. Swing over to my website growishgrowhappy.com.

[00:02:21]Check out my book. There's a lot you can learn in this overcoming self forcry wealth so that you can stop moving emotionally and move strategically.

[00:02:31]But that's going to come with overcoming yourself. So let's talk about it guys.

[00:02:37]So, as you know, I made a video on Tuesday letting you guys know what we had discovered. And basically, it wasn't even letting you know that it was based on the CEO of Zeb Network, Simon Baba, coming out and saying that there were no burns. But he also said that the community voted against the burns. And as you know, I disagreed there in in that particular episode. I said that don't make any sense. who would who would go against that? So, we got back to the drawing board and we started doing a little bit more digging because where there's smoke, there's usually fire. Now, let me first preface by saying that I am not trying to shade this company. I am just showing you things that are factual. Now, I'm sure a lot of you wonder, I've been getting a lot of emails saying, "Am I out of Zebic?" No, I'm not out of Zebic. but they are no longer my top position in cryptocurrencies that I hold. And the reason being is because I need to see some changes. I need to see some changes that's going to benefit all of us. And the only way we're going to benefit is if that supply comes down a little bit and we get some truth and some facts.

[00:03:52]With that being said, I will say this, the movements that they've had up to this point are true. They do have these partnerships. They have these partnerships. They got one coming with Canton Network, if I can take them for face value. They have one with Ripple.

[00:04:09]They have one with Stella. They have one with USD1, better known as World Liberty Financial. They have all of that. But partnerships alone don't guarantee price increase. If you don't believe me, just look at the price. It's flat. Actually, it's down right now. So what it does do is it builds everyone's opium up.

[00:04:35]What bills price is true utility. I won't change on that. And I wanted to talk about that also. And guys, by the way, if you want to learn a little bit more about crypto, follow me over on X.

[00:04:48]And I'm going I drop a lot of gems over there, but follow my researcher. Gold is in my veins. and flash his information up here because he's been going back and forth with uh Zebic and letting people.

[00:05:02]We're just here to educate and if you want to learn a little bit more about what we are talking about when we talk tokconomics, go over there, follow him.

[00:05:10]He has a trail of things he's been doing. But back to this. So, you know, I I love utility plays. I don't like meme coins. Therefore, I understand that meme coins are a one of those gamles. Like, if I want to gamble, I just go down to the casino and I would play blackjack or something like that. I don't do that with my money. I used to, but I don't do that with my money because I want to be able to sleep easy. Therefore, that's why I got into projects like Zebic Network and Handle and Canton and all of those because those are true utility plays if [snorts] if their tokconomics are set up to behave like that because I don't like to guess currently right now and I'm flash this up here.

[00:05:59]I'm going to show you the Micah white paper. Now, this rubbed me the wrong way because this Micah white paper has changed within the last 24 hours. And I feel like, not accusing nobody of anything, but I feel like they went in and they changed this. If they changed it, and I understand me and my researcher talked about this. We talked that somebody could have dropped the ball. Somebody could [clears throat] have failed to put up the most current upto-date stuff on token burns and all of that, but they didn't. And up until the last 24 hours, the real Michael white paper, and I'm flash it up here on the screen, said that Zebic network holders, it talks about that, but it says here on a buyback program, it says Zebic conducts periodic ZBCN buybacks using revenue generated from the car products and enterprise contracts.

[00:07:02]bought back tokens are burned, reducing circulating supply and reinforcing token scarcity.

[00:07:10]Now, my researcher pointed that out, that blurp right there to someone close to the project and we know within the last 24 hours that changed. I will go over here and I will show you what it reads up right now. So, I'm going to pop over here. Here's the current Micah white paper that was just updated, guys. And let me tell you, if you go over here on page 23, where are we at? Uh, here we go. This was not here. Zebic Network ZBCN does not implement any supply adjustment mechanisms that respond automatically to changes in the market demand. So, this takes me back to the whole flywheel. So, what's the point of the flywheel? Because again, we're here to make money. So, my question is, if none of this affects their whole mechanism and adjust adjustments, how are we going to make money? The protocol does not feature dynamic monetary policies such as algorithmic rebasing, elastic supply adjustments, or demand link to token issuance or burning, right? Any changes to the total or circulating supply. So, if you're not burning any of the token supply and you're just buying it back, and we got more on that, where's that going?

[00:08:44]Okay. If applicable, occur according to fixed issuance schedules or protocol rules that are independent of short-term demand fluctuations. Supply remains determined by predefined parameters or community governance, not by automatic responses to market conditions. Now guys, a lot of us who are in the project, we thought market conditions and all of that were removing tokens, burning them off. We thought that because this Micah white paper showed that probably over 24 hours ago. So, I'm going to come down here and I'm go to 25 because when I get down here to 25, guys, this is where it really gets juicy. Says buyback program Zebic right here, guys.

[00:09:36]Zebit conducts periodic ZBCN buybacks using revenue genu generated from cards and enterprise contracts fee reduction. ZBCN holders receive reduced fees across Zebic pay treasury and yada yada yada. But you look here guys, it just says buybacks, right? It just says it's buybacks. So I say, "Okay, okay, they've changed that." So when I look at that and I say, "Okay, you changed it." My thing is, again, I would love to hear them come out and explain. Maybe they had an old Micah updated white paper there. But why would you do this? Why would you have something up there for so long? [snorts] And now this happened. So I want to jump over here to some more because we gonna we gonna go a little bit further with this, guys, because where I want to go. Let me go over here to their website. So, right now I'm on the Zebic uh website. What?

[00:10:38]Yeah, this is the website, their blog.

[00:10:40]Many of you are aware, some of you are aware that this came out. It says summer 2026.

[00:10:47]Now, this is recent, guys. I can tell you for a fact this wasn't deep within there. However, however, this was posted, but it's in their blog.

[00:10:59]It's not something that was posted on their X, I don't believe. But if you come down here, this is the buyback report. Now it's showing more than it did or I didn't I never even seen this.

[00:11:13]So with it saying summer 2026, it begs to wonder why now after all this commotion about the burns. And let me tell you something, guys. I take no pleasure in doing this at all. Told you this was my largest bag. It is no longer my largest bag. I will not tell you how much I hold, but it's not my largest bag. And it has a lot to do with trust.

[00:11:37]I'm I'm big on character. And I just can't what I've seen now. I had to adjust. I had to adjust my bag because there are other plays that I hold that I believe are going to come into fruition a lot sooner. If all of this at the end of the day that me and my researcher have done this [clears throat] week, if all it ever does is the results be and it conclude to the point that they actually reward token holders by implementing some type of burn system, then I feel like the job has been well done and maybe I would um increase my position. But till then I can't. Now I'm jump over here. Now, I'll leave this down below so you guys can see it. And we're going to jump over here. Actually, I want to show you guys something.

[00:12:29]Buybacks backed by real product activity. Unlike many token buyback programs funded primarily through treasury allocations, Zebix's buybacks are supported by revenue generated from real products and real customers. Okay, that's all good.

[00:12:44][snorts] Revenue generated across the enterprise payroll, payments infrastructure, debit cards, and related financial services continues to fund recurring market purchases of ZBCN as part of the company's long-term treasury strategy.

[00:12:59]Yes, we're not denying that they're buying tokens, but what I want to know is, can those tokens reenter the market?

[00:13:08]Because if that's the case, if they can reenter, they're not in a wallet, a public wallet that you that is locked that they cannot reenter, then that is not a true deflationary measure, which means you're still stuck with this 100 billion tokens. Now, when I continue down here, so I'm going to show you guys something here. Here it is here. Buyback dashboard, buyback wallet right here. Total ZBCN repurchase post migration 400 guys and 56 million tokens out of 1 billion.

[00:13:45]Oh, excuse me. Oh, I gave him credit.

[00:13:48]100 billion. 456 million. And the token migration took place when in 2024, guys.

[00:13:56]That's nothing. That's a drop in the bucket. 456 million. and they've had number of completed buyback rounds 10.

[00:14:04]Now I will say this since the migration since their all of their sock 2 all of their uh different certificates or things that they have now things should ramp up right but that's not the problem them buying it back the problem is them reentering and why now why is this up here now that I've made such a fuss over it and that's not what I'm trying to do I'm not telling you guys to sell your Zebic bags. Let me first preface by saying that because if you do, that means you were in it for the wrong reasons. I told you I didn't sell all of mine. It's just not the top position anymore based on [clears throat] this this circulating supply and it not having the utility that I believe that it have. These tokens being burned off or removed permanently so we can see some type of price appreciation.

[00:15:02]So that's my reasoning. So I do want to jump over here because we want to I want to talk about something. I want to talk about this because everybody was putting this out there. Oh, they did have a vote. They had a vote and the community was involved. This is the And just let you know this is updated too. Those of you looking to get in here, you can go here to their website. You can click right here on their uh ZBCN. You can come down to the governance dial vote on proposal.

[00:15:31]We got some stuff in here now, right?

[00:15:33]ZBCN buyback program proposal to reinstate the ZBCN buyback program to reduce the circulating supply of ZBCN increases scarcity and maintain demand by executing monthly buyback tied to partner contracts and Zebit card monthly volume. Okay, [sighs] maybe I'm just slow, but doesn't buybacks or buybacks and burns decrease scarcity or just burns, doesn't that increase scarcity? Why just buy them back? So, okay, buy them back.

[00:16:10]Buy them back. But how do we know that they won't reenter the market? I'm going to just say that again. ZBCN's role as a utility token has reduced in terms of gas fee usage because most of the transactions uh processing for our products is now on Salana to support ZBCN's long-term value and align with our deflationary tokconomic strategy. We propose to resume the buyback program. Then if you look here guys, it says vote yes and you got the five over five billion votes. But let me explain to you what that is. That's not saying it's 5 billion votes. It means cumulative with how much people held in their wallets at the time. But it says 100% and it says no one voted no. Everybody voted yes.

[00:17:03]Let me tell you how statistically bad that looks for me. So what this could be, what this could mean is that you have a concentration of whales voting. People with large bags, maybe 10 million, 2 million, even a person with 1 million. This doesn't mean it was five billion votes. Could have been 5,000.

[00:17:25]Could have been 5,000 votes. And cumulative with how much they held voted, you know, that's what it equal, which meant it could have been a large concentration of whales, insiders. I'm not accusing them of insiders, but I find it hard to believe that even in 2024 when 2024 when they was migrating from ZBC to ZBCN, that you had 100% of community votes. Statistically, that just seems impossible to me. You would have someone to say, "No, I want to keep with the the Burns 100%."

[00:18:06]I'm saying that's questionable. Very questionable.

[00:18:10]So, here's the thing. The reason I wanted to clear this up, I wanted to clear this up, guys, because um there's a lot of stuff being said out there. A lot of stuff being said about me. Some of you might even unsubscribe from me.

[00:18:23]But if you unsubscribe, you're unsubscribing because I showed you something that's facts to go back and look check the last video. I have not lied. I went off what was said. I'm more disappointed at the cleanup job that I've seen happen over the last 24 hours because I know what I saw. My researcher knows what he saw. We set up looking at it and I say, "Yeah, I think I'm going to do another video." Said, "This is what I'm going to say." And then this morning when I was getting my stuff together, I seen that the Michael white paper had changed. The Michael white paper that was on their website. So my question is this. Are they going to come out and is admit that we caught some errors or somebody on our team dropped the ball and it had the wrong language in the micro white paper? I'm giving y'all one. I'm giving y'all one right there. Or are they just going to pretend like I didn't see what I saw and what they said. All of this stuff was just a fabric of my imagination.

[00:19:26][clears throat] This ain't no hate video. This is just a video to show you guys that when you research a project and you get into a project, you need to continue to research that project because things can change. And as I've shown you this week, things have changed with a project that we love. Now, that's not to say that I won't come back and talk about some of the things they got going on, but for me to come back and do that. I need to see some changes with those tokconomics because this is called Grow Rich, Grow Happy. Leading you guys with breadcrumbs to wealth. And I can't say that I'm leading you to wealth when the utility that I thought was there is not really there and now it's being changed to reflect like it's there. Now, just FYI, let's just say the thing go through and and I'm giving Zebic some slack on this because maybe they're waiting on the Clarity Act to be approved before a lot of this stuff changes. I'm I I give them that. But just because you see it ramp up when the Clarity Act goes through, it doesn't mean that they're they were truthful on some of this stuff, guys. It doesn't. It just means that Remember, if you got my book, Overcoming Self for Crypto Wealth, one of the things I said in the book is nothing is you want to find projects with a strong community, content creators talking about them because they can move a a token. content creators, communities, strong communities, if they're really strong enough, they can move a price, right? But that doesn't necessarily mean that the token has good utility. And if you don't believe me, just look at meme coins. Just for reference, I've seen meme coins move faster than this project. But I stayed because I knew they had strong community. I knew that they was transparent with everything up until now. I knew everything was transparent and they was, you know, always coming out telling us about these wonderful projects we would take them and run off. And I can't deny it's it's a great thing that they have a a mobile app now on iOS and Google. That shows me that a lot of everything else is legit. I'm not saying they're not legit. I'm not. And I'm like a lot of people out there say they're rugpool.

[00:21:48]They are not a rugpool. I do not believe this is a rugpool project. I don't believe that. And that's based on the certifications and things they have and the connections that they have, right? I just don't believe that they are for the community that they care a lot about this crypto community like they should.

[00:22:09]And I'm going to use I'm going to use Handle Pay as an example. I haven't been in handle paid long, but what I have seen and just for clarification guys, if I seen this about any project, if I seen any kind of behavior that I can't agree with and get behind some lies or some fabrications or things like that, I would straight up tell you about it. I will because that's my character. I have to look at myself in the mirror when I'm done. But I'm use handle pay as an example.

[00:22:43]They gave me a badge. I wear a badge on my my profile. And I'm going to go over here. I'm going to show you this badge because I'm going to use this as an example. I have a badge on my profile right here, guys. Follow me over on X right here at Mr. Foresight 64. You see that handle badge? All right. And this is me. That's a badge for the work I've been doing talking about them. But I didn't ask for that. I didn't ask for that badge or anything, but they recognized it as a community member and gave me a badge. I look at Zeic and I say, and Zeic, I'm give you this one.

[00:23:20]How come some of your strongest community mouthpieces out here or just some of the communities, you know, Zebic Global one time Zebic Nation podcast?

[00:23:32]How come you guys have never given a badge or something like that to show that? Yeah, look at that. They're one of us. They support us. So, even for your ambassador program that's up and running right now, how come none of your ambassadors have a badge? Give them a Zebic Network badge to show that they're part of the team and show that you're down with the community. This is what I put on you guys. And I'm not bashing you. I'm not I still hold some. Not going to tell you how much, but it's nowhere near the amount I held. And that's based on what I seen. Now guys, I'm not saying this for you to go out and sell your bags.

[00:24:11]I'm not. Although I know some of you probably are. I'm showing this because I want you to understand how these crypto projects work. And I tell you, look at all of these projects out here. All of them. And ask yourself, how am I going to make money by holding this token and in what amount of time? Now, do I believe Zepic is one of those plays you can put some money in, just walk away and say, "I'm not going to worry about it." And with everything going, the Clarity Act and all this coming, you're going to be rewarded. I believe that.

[00:24:44]But I don't hold them in the same on the same pedestal that I did that says, "Hey, by the end of this year, we could be looking at so much such and such money." Cuz I don't know now. I don't know unless something gets done about these projects. And here's what I'm talking about. Meaning, if you are going to keep it with the buybacks, going to keep it with the buybacks, have some type of wallet proving that they're not going that it's a locked wallet that they can't re-enter the market or bring the real vote back for the community, for the community, and say, "Do you guys want to implement Burns?" cuz I guarantee guys, you're not going to get that same voting where it was a 100% yes to 0% no on Burns. I just don't believe that. It's hard for me to believe that. So, I gave you guys the information. Do what you want with it, but I will rec I will start covering them when I see some changes in their token structure because I just can't ride with that because I'm all about following the breadcrumbs to wealth, guys. and I just don't see that right now. Let me know your thoughts down below.

[00:25:59][snorts] What do you think? Again, I'm here for the community regardless. And my challenge to all of you uh content creators out there, don't stick your head in the sand. Don't stick your head in the sand because it's I'm not here to be liked. I don't care. I'm not here to be liked. I'm not here to be loved. And regardless what you think about me being real, I seen somebody say, "What's the name say such and such was real?" I don't give a damn about none of that.

[00:26:24]Now, I don't care. We ain't grow rich, grow happy. We're not here for that.

[00:26:27]We're here because we're tired of these crypto companies out here promising all these hopes and dreams and just giving us dust and dangling the carrot in front of our face like we're just going to take it and continue to buy and invest in your company when you're not investing in us. Till next one, this your boy. Have a great weekend. I'm out.

[00:26:52]each other around like an ocean in my head.