Electroneum - Bit-Tube Harmony!

Hey you, welcome back to the channel. And guys, today I want to talk about the Electroneum community and the harmony that exists with BitTube and Electroneum. So we're beginning now to see the Electroneum community and content creators over on BitTube, and I think that's a great thing. Because if you don't know what BitTube is, it's a new video— well, it's not new, it's actually been out a while, but it's a video hosting platform much like YouTube. And what it's doing is it actually pays both the content creator and the viewer. So as you're consuming electronic videos, you can now earn cryptocurrency with it. So let's talk about why I feel that this creates like a perfect harmony situation between the electronic community and BitTube. So I guess the first and foremost reason is how we consume content. So we consume content generally, a lot of information that comes over is through YouTube, as you know, as we've noticed, and You know, one such thing is a lot of the content from Electroneum. Now, my first introduction to Electroneum came through Crypto for the People, who I saw on YouTube. And so, you know, how we get our media and how we get our information through what platform is very important. And I think YouTube's been dominant in that. But hopefully that's gonna begin to change and we're gonna be able to get a lot more value using platforms like BitTube. So let's talk a little bit about why I'm saying that there's this perfect harmony that exists between Electroneum and BitTube, I feel, right now. And as you can see, content creators are starting to come over. That's 99 Cents channel. How I found out about it— I thank 99 Cents for helping me to find this. And here's Northeast Texas. He's a very popular channel over here. And so you're, you know, you're seeing people talk about Electroneum. So, um, basically, um, where I'm seeing the harmony is, I recall Richard Dills, the CEO of Electroneum, has said on several occasions that the target for them at this point is the unbanked. And so I generally tend to think of, uh, nations in the East, uh, India, China, Africa, uh, and, um, so mostly areas of the world like that, and, and maybe like South America, right, Latin America. So whereas, uh, I, I think that's an awesome idea and it's going after a particular, uh, uh, set, uh, demographic that has a great use case for cryptocurrency. Um, you know, Mr. Richard Dale's also talked about how, uh, in the West people can be set in their ways, right? So we're kind of— we're set in our ways, we're using our Mastercards and Visa. And so, um, you know, the idea is, as expressed by Mr. Richard Ells, is there will be attention created once these use cases are fit. And then that attention, we in the West will begin to notice what's happening in these countries and how cryptocurrency is being used at its most— in its most efficient way. And we'll take notice. And as the value builds up there, then we will begin to come over there, right? And so, um, you know, what that does is it, it, it creates that real good use case for, for those, that particular group of people. Now, um, my idea is once the West does take notice, we can see Electroneum functioning at, functioning as a great a great way to be like this, this, this spending token, right, this currency token all over the world. And that has a lot to do with the instant payment mechanism that's gonna make it a lot easier to transact business, right, because you don't have the, the issue with the blockchain is you can instantly verify orders and transactions and things like that. So it, to me, how we relay the information, the platforms we use, is very important, right, to get out the information. As well as, again, YouTube has been our main, I think, source of information going on about Electroneum. And so now we have something else. We have something that works, or may in the future work, even better for as a platform for Electrum to get out a lot of information that is important, and that is BitTube. Now what's so great about BitTube, as I follow that up, whereas in the, in the West, where a cryptocurrency at this point in time might not be the something that is at the top of the list of important things for us to have right now, uh, the use of social media platforms, uh, like YouTube as such, uh, is a different story. And so people are using, but the problem is any idea of a social network, which is what these, these platforms are, is social. The root word social usually means it's, it's, it's the, the, uh, everything's produced by the people, right? It's, it's, we're using this platform and we're, uh, creating all the content and we are why it works. You, you get people on it using it, right? So it's a different type of product, uh, different from a lot of products that businesses have where they, they're the sole producers of the product and you have to go there to get it from them. Well, this is different in this regard. And so why I think this is important is because I think there, there would be a big demand in the West for this type of platform because it being decentralized is different. It's gonna, it's gonna deal with the problems of censorship and monetization and, and, and, and, um, those things differently than YouTube is dealing with them, which is beginning to become this big problem for YouTube. Uh, you know, in addition to that, um, uh, the, the way in which, uh, content creators on YouTube have done business with YouTube in the past several years become quite difficult, you know, meaning that you can be a channel that's drawn hundreds of thousands of views per month and you're literally making peanuts. I believe it was the, the Hodge twins who were saying that they got 3 million views one month and and those 3 million views only netted them about $500. Now, I mean, 3 million views, we're talking a lot of— we're talking, you're— if you can do that, you're, you're like, you're like a media company or a newspaper in yourself. But imagine being able to pull that, that many, uh, that big of an audience but only generate like $500 from that. And when you contrast that to the cryptocurrency space, um, you know, people are making dozens of times over that for the same amount of views. And, and, uh, so cryptocurrency is creating better situations for them. And the same thing could be said about BitTube in relation to the viewer. The viewers actually, in what I believe should be the correct idea of a social network platform, the viewer is also being compensated, right? So BitTube, that's how it— and I'm gonna do some videos in the future that shows, you know, basically how monetization works. And because I have been getting quite a few questions about that, so I think my next video is gonna be about how you get monetized, not just as a content creator, but the viewer. But anyway, yeah, so the viewers making money. Now, the Electroneum community, you know, we see Electroneum as what's going to be this great, this, this great coin because of its direction, right? What it's doing, the problems in cryptocurrency it's solving. And so the, the amount of contributions we're giving over in our time to whether you're a video creator, or if you're one of the audience right now watching, you could be earning cryptocurrency with that. Now once you get that cryptocurrency, it's yours, right? And you can do whatever you want with it. BitTube trades on major exchanges like Bittrex, right? And some other exchanges. But you're able to do whatever you want with that. So you could basically, uh, cash that out for Electroneum. And now you got the synergy of where you're contributing to BitTube, but now you're able to contribute back to Electroneum. You can invest in Electroneum and have a better situation for yourself. So that's why I think it creates such a perfect harmony, uh, not just with what you as an audience can earn or me as a content creator can earn, but the fact as well that it, that it does create a, a product that I think is useful and that has a use case for people in the West. Whereas right now I think Electroneum focuses on people in the East or people who are unbanked. And this is all great stuff because, uh, we want the most value, uh, for in our cryptocurrencies possible. And for it to do that, it needs to solve issues and problems, right? But, um, whereas I see this perfect harmony between Electroneum solving these problems mostly in the East. I can see Bit2 for the Western consumer solving problems in the West, and together we can have this kind of perfect dichotomy of these coins working together. And as well as we're gonna need, in any event, a means to be able to consume Electroneum marketing and media as we do it now through YouTube. I think it's gonna be a lot more useful for us to do it through platforms like BitTube where we can at least earn, everybody can, and we can create this, this kind of cycle, right, between these, these two, these two products. And I think that's gonna be awesome. So that's all I want to say about that, guys. I'm gonna leave a link in the description for my channel over on BitTube, and I think I'm gonna also start to upload my content over on BitTube first because— and why am I doing that? Even though I think YouTube reaches a lot of people, it's great for marketing, but I think BitTube is gonna be of more value for us in the crypto space ultimately. So if you haven't already, make sure that you set up an account, which is very easy. All you need is an email. I'm gonna describe that in some future videos. It's very simple. That's what makes it so great. It's, it's the easiest way to set up an account If you can see, it's probably easier to set up an account. It's not probably, it is easier than setting up your YouTube account or any of your other accounts you've had. So it's even easier than that. Okay, so make sure that you, if you haven't already, you do set up an account. Follow my link over there so you can subscribe to the channel so that you'll be able to consume the content over there and get paid for it as well. You should, right? These corporations make a ton of money off of the content we produce. And, um, you as the viewer, you know, you're, you're valuable. Your accounts are valuable to them as well. So it's time you got paid for that. It's time you compensate and acknowledge for that. So this is the opportunity for that. And, um, I look forward to seeing you over there. Don't forget to like and subscribe once you get over there, guys. That's very important so you can get notifications as to when the videos are released over there. And guys, if you like content like this, don't forget to like and subscribe. And until next time, take care.