In this monologue, the presenter argues that Electroneum (ETN) could become a superior long‑term investment and a more practical store of value than Bitcoin. He acknowledges Bitcoin’s role as a dominant store of value but contends that Electroneum’s design enables greater mass adoption and scalability. Drawing on insights from a recent Richard Dale interview (All About Tech), he explains an intra‑trading, off‑chain model where most transactions occur within an internal exchange, only settling on the blockchain when users cash out to fiat, thereby alleviating blockchain congestion for a potential user base of tens to hundreds of millions. He further discusses the need for a hybrid approach that blends centralization (for efficiency) with decentralization (for security), positioning Electroneum as both a native currency for a gig‑economy ecosystem and a high‑upside asset compared to Bitcoin’s limited price ceiling. While emphasizing that this is his personal opinion and not financial advice, he stresses diversification, the importance of multiple tokens for security, and invites viewers to consider Electroneum’s growth trajectory and utility.
Chapters
Hey you, welcome back to the channel. And guys, today I want to talk a little bit about why I believe Electroneum is going to be better, not only as a long-term investment, but it's going to be a better hold than Bitcoin in my opinion. And we're going to talk a little bit about that. This isn't any kind of financial advice, nor am I saying that you shouldn't hold any Bitcoin. At all. You know, obviously Bitcoin serves as a store of value in the cryptocurrency space. It's always going to be a major player. But as far as the type of growth and mass adoption I, I would like to see in the cryptocurrency space, I think coins like Electroneum is going to lead the charge. But not only that, we're going to talk about some of the advantages of centralization versus decentralization and why it's probably idea in order for a coin to be successful, that there be some elements of both. And so we're going to get a little bit into that. So I was able to finish watching, I believe it was part 5 today, of the Richard Dale interview covered by the All About Tech channel. Great channel. The interviews are getting better. And uh, heard some very interesting information today looking, uh, at the interview, and it had to do with as we look into the size that Electroneum can grow. Like, if we start to talk about numbers like 20 million or 100 million and the 200 million, right, these very large numbers It's not long before you start to factor in what is this gonna mean for the blockchain technology. You know, when, um, Electroneum, the blockchain gets overloaded, we know the kind of problems that we have with transferring tokens. So how on earth will we be able to support hundreds of millions of people? So this interview We got to hear Richard Ells' answer, and I thought it was a great answer. Oddly enough, I think I had a discussion with some people in the Discord channel about it, and I think I had already mentioned an idea like that. But if you haven't watched the video, you should watch it. But it went a little something like— it was kind of this— when you get a network this big, it's easily where it can become an intra-trading, right, intra-trading network, right, where you're kind of inter-trading with one another. And that can be covered along like a website, kind of if you think about it like how the exchanges work with cryptocurrencies, that within the exchange, you, you, they have these accounts set up for you and you're moving money back and forth instantly, but it's, uh, not moving across the blockchain. And in the interview, Mr. Richard Dale explains how it would make more sense to have a setup like that, but only when it's time to cash Electroneum out for cash, uh, that you would have to actually process it over the blockchain, right? Um, And what I find so very interesting about that is that does solve many problems. If you think about a, a very large network of people that have found all this value in Electroneum, it really won't be necessary. Like, all your transactions will be done in Electroneum. People will be accepting Electroneum, trusting the value of Electroneum, trading Electroneum for Electroneum, right? Buying goods with Electroneum. And you have all this happening, happening in the gig economy that they're creating along with this large user base that is intra-trading. They're inter-trading, they're trading back and forth over the site for value of Electroneum. So it would like be an exchange within an exchange, right? Within itself without being outside the exchange. So I found that very, um, interesting, and it would solve a lot of problems with handling these large transactions and then moving that on to, um, the blockchain for those specific type of transactions that require cashing out into fiat and various things like that. But if you can create a large enough, uh, economy and system within Electroneum itself, where Electroneum is valued as an Electroneum and not valued as how many dollars or fiat or bitcoins can I get for an Electroneum, right? If you create a system like that, Electroneum will be the standard, right? It will be like the main currency that everybody uses. In a situation like that with so many users you can transact it back and forth from. But anyway, thought that was great. Um, I like where it went with that. But that also leads me into why I think Electroneum in many respects is a greater hold than Bitcoin, because we know what happens even when the price— how Bitcoin's dropping right now, it's like $6,000 or something, drops to $5,000, start to have all these issues and problems with miners and various things like that. And Bitcoin is the most decentralized, is pretty much the most decentralized out of all the cryptocurrencies, or close to it, and Ethereum as well. But in those type situations, I think what many of us over the years have found over the blockchain and using blockchains that no matter how much of a purist we are when it comes to decentralization, that there are specific situations where we kind of hope that a little bit of centralization would be there, you know. And, um, so when you have a hybrid system in a in a future with like what we're gonna get with this blockchain technology and with miners and with decentralization. When you have such a future, such a big future with big users, right, that's gonna be problematic in your infrastructure. So a type of hybrid between a centralization versus decentralization, if you can kind of meet somewhere in the middle, I think that coin is going to be a lot more efficient. And that's why I say, and you know, and even right now how things are, you know, Bitcoin is not efficient as a currency, right, as a transfer device. It's just, it's just the coin, medium coin of exchange, right? It's how we rate the value of So I'm in the cryptocurrency space, but again, as Electroneum's growth rate grows to a point beyond Bitcoin, there will no longer necessarily be a need for Bitcoin to even take the place of a reserve currency. But I think Bitcoin is always going to be a player, and you're probably always going to want to hold Bitcoin because as much as I like Electroneum, The problem is we do need several tokens in the space for security purposes, right? For diversification purposes. You know, we can't have a system purely dependent on Electroneum. So I think there will be tokens that remain that are creating this market for cryptocurrencies. But, um, it's going to be many factors why Electroneum is going to be a better longer-term hold. Not only the amount it can appreciate by the prices at now and the amount of growth that's possible with Electroneum as far as from an investor and storage and store of value standpoint, um, on the course that Electroneum is on, in my opinion it's going to make more sense for Electroneum to act both as currency and a better way to store your value and to grow the value of your, of your token. And that's just my opinion, guys. You can do your own research about it, but you know, it's not hard to factor the rate in which altcoins can grow in relation to Bitcoin, right? For Bitcoin to grow 4 or 5 times its value it's gonna probably need to be around $30,000, $50,000, whereas you take these altcoins that can grow thousands of percent and they can only be only at a very still monetary amount value-wise, right? So that's, that's why I think that Electroneum should be looked at as a uh, not only going to be one day a good currency, right, to trade, token to transfer, but because it's going to start using this, I believe, this intra-trading system like Mr. Richard Dale's kind of touched on, but, and that's going to be a lot more efficient with getting things done, uh, but the growth rate is going to be able to achieve, obviously. And, you know, because of those things I think it's gonna make a, you know, a lot more sense for Electroneum to be, you know, be in that position. So guys, that's all I want to talk about today. And be sure to leave your comments and about how you feel about how you see Electroneum in relation to Bitcoin and how you look at the future of Bitcoin. I think Bitcoin will remain a dominant token, but But like I said, there are going to be tokens that are going to, I believe, going to prove to be a lot more usable as a store of value than Bitcoin. And also it's going to be just a lot more efficient to use and things like that. So guys, if you like content like this, don't forget to like, subscribe. Until next time, take care.
