Electroneum - Cryptocurrency Use Cases

Electroneum's price is up, but the real story is how cryptocurrencies solve specific problems across retail, manufacturing, healthcare, and government. A Lakota tribe uses blockchain for corn harvesting. Blockchain isn't one thing; it's a tool built for what each community needs.
Chapters
Hey you, welcome back to the channel. And guys, uh, if you've been following Electroneum, you know that the prices are continually to hold and soar, and it's just a beautiful thing to see. Uh, but although so much good news is going on with the price of Electroneum, I want to talk a little bit about something else today, uh, concerning Electroneum. And that's real-world blockchain use cases. I want to, you know, try to have a conversation about the many use cases of cryptocurrencies and blockchains, right? Everything from retail to manufacturing to social networks, cybersecurity, healthcare, um, and just, uh, you know, even, even government, you know, something we don't— a lot of us in the cryptocurrency space, you know, don't really care much about services and financial services like what you get with Ripple and various things like that. But I, I think it's very important um, that we really try to have some clarity on what coins are supposed to do. And that all is based on who it's supposed to serve and for what reason. There, there isn't exactly one narrative in cryptocurrency, uh, one case for all anymore. Um, that's not how it works. I'm not sure if it's the Lakota Indian tribe, but I think they even launched a token that had to deal with corn, like harvesting corn or something like that. Probably some of you all remember that. And I think in the beginning it did pretty well, and then I think it kind of fizzled out or died out, and it didn't, it didn't, you know, do so well in the end. If if memory serves me correctly. But the point of the matter was that, uh, you know, that served a particular purpose, right? And so, uh, this is, this is how the blockchain technology works. We find uses to serve communities, to serve people, um, and that all depends on the groups you serve And it all depends on the purpose, right? There isn't one purpose. You know, a lot of times we hear in the cryptocurrency space, oh, you know, you've got to have this type of blockchain that runs at this particular type of setting and this, that, and the other. But that's just not how it works, guys. You know, and, um, you know, I think that people need to just sit back and understand that there are going to be many uses of this blockchain technology going forward. People are going to develop ways, find ways to use it that serves their needs. And, um, you know, and so I don't think, uh, there is a wrong way of using this blockchain technology. I don't necessarily think it's, um, it's in every case going to be a bad way or a good way. It's just going to be an efficient way to serve whatever real-time issues, real-world, real-world use case issues you have. Um, and, and, and, you know, so I just thought that was very important to say that, guys, in case, uh, you know, you start to get a lot of people who are always talking about, well, you know, this coin should do this, it's supposed to be for this, you know, it should have X amount of security and this, that, and the other. So you have coins that are, you know, their whole function is cybersecurity and things like that. So I just want to, you know, talk about that a little bit, point that out. I'm not gonna make the video long. You know, I think you all get the point of what I'm saying. But it is good to see the price of Electroneum doing so well, guys. This is the final day you can enter my Electroneum contest. Tomorrow we will go over and find out who the winners were. So today is the last day you can enter. Any entries after midnight tonight won't be included. All right, so you still got time to get in. It's anybody's, uh, win still. Price of Electronium is looking good. Walk away with a decent amount of cash. So guys, that's all I wanted to say. If you like content like this, don't forget to like and subscribe. And until next time, take care.
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