Electroneum - Libra Coin/ Energi $900 Airdrop

Hey you, welcome back to the channel, and today's gonna be a great video. Um, we're gonna talk a little bit about Libra coin today, um, and what this means for Electroneum, uh, as a project. So many have been concerned in the cryptocurrency space, uh, because Libra coin seems to, uh, in theory answer many of the issues that has plagued us with cryptocurrency since its onset. And ideas like mass adoption, being an efficient money, serving the needs of the unbanked, and being used by the world as a solution to many of the severe economic policies that exist from nation to nation. That cryptocurrency was supposed to be the solution or the problem solver to this. And now kind of Libra coin with Facebook and with this massive network seemingly in one swoop kind of solves some of those issues except for one major one, which is privacy and censorship that will still be under control by such entities, as well as the community not being able to run nodes on the network, making this feel more like a centralized type payment processing system similar to what you get with PayPal coupled with a huge social network like Facebook. So all of these things go into this, and there's a lot of positives that come out of that And thus there are some negatives. So in this video, we want to clear up some concerns that, uh, are going around the cryptocurrency space about what is going to happen, uh, when Libra coin comes on the scene and what will it mean for many cryptocurrencies that have strived to become, uh, payment systems and coins, um, when it's going to be something like Libra coin out there that's going to have the acceptance of possibly many vendors, you know, making this quite the viable currency. So we want to first, I think, clear up a few misconceptions. The first part is where it is true that in the idea of redundancy, many cryptocurrency projects doing the same exact thing over and over again, that something like Libra coin will come in, kind of knock a lot of them out of the box, and they might fall into the realm of being obsolete. Obsolete. That is true, and that will happen. And the numbers and my predictions are kind of staggering about that. I could— I predict something like over 90% of the cryptocurrencies will fall into that category. I just don't think many have done a great job of being a money or a payment system or made a great case for it. And due to that, I think they will just, you know, become this not really use cryptocurrency. Why am I using this when I can get so much more done with this other cryptocurrency? Now with that said, uh, I touched on a little bit in a few, few videos back, but I'm going to get a little bit more detail at this time. With that said, I think it's important to understand that every altcoin in the space is not going to disappear. Uh, there are going to be some benefactors and winners, and I stand behind that Electroneum is going to be one of them. Um, and, um, the other misconception I think is a problem is that Libra coin, uh, is negative in comparison to Electroneum. Or negative for Electroneum. I actually think it's the opposite. I think this is the best thing that could have happened to Electroneum. I think Libra coin is— so what I'm noticing in a lot of videos is that it's the same, uh, um, uh, idea going, being, going around about, you know, oh, it's, um, Facebook and Libra coin, and, uh, you know, again, it's about them trying to steal your data and secretly send it over someplace else and a variety of things. But if we go under the information on the white paper, it makes it clear that Libra coin will operate as a separate entity. There will be a program called Calibra, which won't use the information and data from your Facebook account. So, you know, for people who've read the white paper, it is clear And so this idea and this concept that many of us are trying to spin in the cryptocurrency space about Libra coin being this demonic coin that is out to steal all your data and information and be this mark of the beast monitoring system, where those make for great stories and, you know, they sound, you know, kind of motivates and kind of creates the anthem of, you know, you know, we're the last in the rebellion that's left. It is a lot of conjecture that is not based on factual information. And it is just people kind of just, you know, making up stuff as they go. Now, that being said, there still exists the problem of privacy and censorship to the point of where we're still to a degree dealing with a type of centralization, right? There are over 100 nodes separated from entity to entity, but one could still maybe argue the case, well, maybe they're all in cahoots together, or they're sharing information amongst each other, or, or, or something to that effect, right? Or however you want to say that. So let's just say their privacy and censorship is going to be an issue to that degree. The next part I would, I would put out there is that there seems to be this, this, um, uh, this, uh, idea of, um, people are overly concerned about their privacy and data. Now I will say this, it is the smart thing to do, is the intelligent thing to do to be concerned about our privacy, be concerned about censorship, uh, and, uh, protect that, uh, to the best of our ability. But I, I think that the reality is that the cases that emerge of violation of privacy and censorship across social media happens to a degree that hasn't alarmed enough people to be more vigilant about that. Uh, and what I mean by that is that what I find is in the cryptocurrency space, we try to blow it up like it's a really huge deal. And I'm not saying that it can't ever be that. I think what will probably need to happen is we're going to have to have that big data breach, that big privacy breach we're going to have to have censorship on a grand scale level to where people actually wake up to this and want to do something about it. But right now, when it comes to privacy and censorship, the reality is we're like wild men screaming out in the wilderness where nobody can hear us. And this is just the facts. This is why people don't leave these big social media sites. And go on private networks or go over to cryptocurrency. Because when there is a need for something, and this is what I found to be true when it comes to supply and demand on many levels, when there is a need for something, people seek it out, right? As to say, if we are overly concerned about privacy and censorship to the degree of where we're trying to carry that as our mantra, As to why people will want to use cryptocurrency and stop using, uh, what we may term to be convenient centralized systems that steal our data and privacy. If people really want that, the reality is they would seek out such things. Uh, you know, you don't have to lead people like children to understand. People are very intelligent, I'm finding. And people tend to do the things they want to do. And so when there's a problem, uh, we generally speak out and seek those things out, um, and, uh, find those things, right? We ask about those things. Why aren't those things— if entities like Facebook exist, why doesn't something oppositional to that exist? And so on and so forth. So the point I'm making is that privacy and censorship, guys, You're like wild men screaming out in the wilderness. That's not going to be what's going to create mass adoption for cryptocurrency. The bottom line is what's going to create mass adoption for cryptocurrency is practicality, usefulness, and convenience. I give you this example. Let's say I offered everybody a choice in the world. What if I told you that you can make the planet more green, save the environment, if you stop using your air conditioning, right? What would people do if I told you if you stop using your air conditioning and 100 years from now, uh, the environment will be clean and safer, all you have to do is stop using your air conditioning? Question: how many people would stop using the convenience of their air conditioning? There would still be people using their air conditioners despite the risk to the environment. Right, and that's how I see privacy and censorship, us trying to use that over usefulness and practicality, right? The reality is people want to be able to transfer value efficiently. People in unbanked lands want to be able to have a banking system that is efficient, and they're gonna care more about that than privacy and censorship. So trying to make ideas, projects like Libra coin, the big bad wolf, is not going to be what makes people use cryptocurrency, unfortunately. So we need to find another way to get people to use cryptocurrency. Now, in saying that, let's look at a few scenarios. The idea of Electroneum versus Libra coin. So let's think about what Libra coin is going to be. It's going to be a stablecoin. Right? It's going to be a stablecoin pretty much, um, that offers a lot of great things— being able to move a stable money for vendors to transact with it, for people to transfer money home and to and fro. And that's going to be great, but it's not going to offer as many opportunities as the cryptocurrency space, uh, as far as these transferable assets and value, uh, and, and a variety of things like that. So in concept, something like Electroneum is going to be a great benefactor to this because— and the reason that it's going to even do more successful is based on Libra coin, not necessarily in spite of. Because let's think about something, these projects are going to have all the money in the world to market, to push this idea, to get billions of people to use it, right? They've already paid the marketing costs to get people interested in cryptocurrency and into cryptocurrencies. Those are marketing dollars that Electroneum doesn't have to spend now. Now the next part of the process is quite easy because Electroneum was clever enough to create user-friendly wallets and products. But not only that, to give people a significant amount of cryptocurrencies free per month just to get started. So let's think about that for a moment. What I believe will lead to the success of cryptocurrency projects like Electroneum will be part of that exodus coming over from Libra coin after they spend all those marketing dollars and they've brought that entire network over in the cryptocurrency space for free, effectively doing the work for us. Now what's going to, what's going to be great about that is when they get ready to transition outside of the Libra coin, the Colibra coin project, what they're going to have is, or seek, are projects that are quite easy, that they're incentivized to use, like Electroneum. Easy. The Electroneum, why? Just download an app, nothing else is required. You can walk away from it for a whole week, come back, and still get your coins. Now here's the problem with a lot of cryptocurrency projects, and here's where they're going to fail, uh, in this and benefiting from this, and why Electroneum is and they aren't. So I believe the gentleman's name is Grant Cardone, right? He's one of these internet guru types, hangs out with Tai Lopez and the rest of them. Uh, I spent most of my life working for some of the biggest investment firms in the country. So I feel like I know enough about money not to listen to internet gurus. But you know, every so often I'm entertained by them. I'm entertained by the likes of Tai Lopez, Grant Cardone, and that whole camp of people, uh, just to see if some of the stuff they're saying is valid, right? I'm not going to order any of this stuff, but just to see if they're saying something valid. But I felt Grant Cardone did say something valid about cryptocurrency, and this was during the time where, uh, Ty Lopez was on cryptocurrency. Then they had the big pullback and Ty Lopez walked away from cryptocurrency, never had anything to say about again because he was afraid, uh, that people would take his advice, lose all their money, then blame him. So you don't hear Ty Lopez talking about cryptocurrency after that big pullback. Now he may come back after Bitcoin goes $20,000, $30,000, talk about how he used to speak about Bitcoin, but he's not doing it now. But anyway, to make a long story short, people like Grant Cardone, who, um, basically, uh, was interested at the time to see what Tai Lopez was talking about, about the cryptocurrency, came over to Tai Lopez's home. Uh, he said something that made a lot of sense and that I agree with. He said, you know what the problem with cryptocurrency is? You ought to just give a bunch of it away free. I take it a step further than that. I think you should give it all away free. And let it become an economy. And Grant Cardone's reasoning was based on, uh, ideas like samples that you get in the mail to try out new products. You know, you get the samples in the mail, you say, I like this, I'd like to have some more of this, so I'm just going to go to the store and buy it after I've gotten it free. Now the problem with cryptocurrencies are they don't have that effective marketing to do that. They just say, this is what we're doing, now come buy a chunk of our cryptocurrency and pray that it goes up and pray that we don't mess up, pray that this technology works. Credit we build is correctly and this, that, and the other, right? And now a lot of projects are wising up to that and they're actually creating workable products before they even try to get people to buy them. But this is where Electroneum becomes the benefactor. Not only does Electroneum have this very easy, uh, wallet that you could use, it's not going to take up your time. You don't have to learn any complex things. You don't have to participate in the network, do things and work all week. You don't have to do anything but download this app, collect your hundreds of Electroneum a month. That's what people are accustomed to. And the next thing they're accustomed to is using networks and payment networks without paying for them. So with something like Libra coin, they just put the same, pretty much the same amount of money that they were going to send to their friends or family anyway, is in there. and then they send it over to their friends and family. It becomes an effective payment center, better than Western Union, better than bank transfers and all those things. So this is, uh, almost gonna appear to them to be getting all these services and all these incentives to use this product, and it's not costing them anything. Now, uh, it's costing them data, you know, and privacy, um, or could be. But they don't even care about that. Why? Because they're more concerned about practicality and usefulness, as we covered in the first part of the video. At this point in time, it will take a huge data breach and a censorship issue to stop that. And a few people in cryptocurrencies getting censored from a network and being upset and disgruntled about it and saying all these things about Libra coin is now the big baddest force on the planet. Uh, it's not going to be enough for people to disregard usefulness and practicality, just like the environment going to hell wouldn't be enough for people to stop using their air conditioners because they love the convenience and the comfort of it, right? So this is why Electroneum is going to be a benefactor. It's going to be able to adopt these people free, give them a taste of cryptocurrency, give them value enough for them to care about and be interested enough to use the product, right? Now you have to compare this to other cryptocurrencies. In order for me to use them, I gotta buy them. I gotta buy them. Not only do I gotta buy them, then they're difficult to use. And that's a lot of cryptocurrencies. That's all of the Ethereum-based projects. And because that Ethereum wallet is so complicated and silly that, uh, you're not gonna mass adopt a lot of people over from the Libra coin project to use the likes of that. So wallets is the key word in this. Simple wallets and then incentives to use your product. Why am I using your product? We know why we will be using Libra coin because we will be using Libra coin because it offers us so many— it's going to offer so many use to vendors. It's going to offer us the ability to send payments to our friends, families, and cousins all over the globe at little to nothing. Uh, and those are big value. That's a lot of value to people, just like the big social networks are a lot of value to people because you can, you can reach everybody in the globe, around the world, right? And, and be able to interact with them. And so this is part of the problem we've had in cryptocurrency because we have had the lack of a lot of the business structure and understanding of, uh, how products should work and networks should work because we haven't had enough exposure of that. Um, we haven't understood that corporations and businesses run so efficient because they have departments and funding of those departments to bring in people to make products more user-friendly, to make them more ergonomic, right, to make them more aesthetically pleasing and to make them easy to use, right? There's all departments, a different department for everything else. We don't have those things in cryptocurrency. So this affects and hurts and, and hinders the space a great deal, right? But Electroneum, due to some of the things we don't like, the central part, that centralization part where they can make certain decisions and Those are some of the pros of centralization when you're able to step in and correct problems, some things you can't do in decentralization. Because of that, uh, it gives Electroneum some advantages in this department. But in short, what I believe we're looking at here is these easy projects with easy wallets with incentive to use them. And what's the incentive to use Electroneum? The hundreds of Electroneum you get per month just for participating. You don't have to do anything else. You don't have to write a blog post. You don't have to, uh, do a bunch of crazy signups and the like, right? You just get your wallet and you're earning hundreds of Electroneum per month. That's the end of it. With a very easy wallet application you can use at your leisure whenever you want. Right? And when so many of the Facebook community are moving over into Electroneum to give this, to try to get that free cryptocurrency, that's when you're going to start to see the tens of millions of Electroneum users, if hundreds of millions perhaps. And that's when Electroneum is really going to have the value where it's accepted by so many people, and so many people have to now move this product and then earn this viable cryptocurrency that can appreciate, something that the Libra coin can't do, uh, over time and based on its partnerships and the other things they have going forward. So maybe now we're kind of on the same page why Libra coin is not an enemy of Electroneum and it's not an enemy of a select few other cryptocurrencies, but it is a vast problem for many cryptocurrencies that haven't figured out to go to the user experience. Steve Jobs of Apple said, always go to the user experience. And cryptocurrency space, if I'm honest about it, in my opinion about it, with ideas like Ethereum wallets and many other projects, Bitcoin even, it just does not do those things. Electroneum does that, and along with LibraCoin, I think it's going to be a very great product. But I also want to move on to my next segment that's going to talk about what you probably saw in the video title, and that's how you can earn over $900 in an airdrop with the Energy token, or the NRG token, which is a very interesting, ambitious project. It's one of the projects I'm most excited about right now. And I had really been stepping away from altcoins, but this is a project that, um, uh, is, uh, very, very, uh, excites me a lot because it— I think it solves a lot of problems with cryptocurrency. I mean, it solves so many problems that it's going to give Bitcoin a run for its money. And I'm going to leave a link in the description how you can get over $900 in the NRG token today. Make sure you use that link because not only do you get rewarded over $900 of cryptocurrency, I get a little small percentage. Use my link in the description and, uh, we both win on this. So I'm gonna, I'm gonna get you over to the NRG token website. We're gonna talk a little bit about why it's such an exciting project, how exactly you can get this $900 over this— over $900 as the value seems to be going up every day. And we're going to talk a little bit about that. In this segment. So the Energy token, the NRG token, up 38% today. So this is a— this is one of these projects that gets me excited. There's not many, there's not many projects that get me excited. The only one this year, the other one that got me excited Besides my own project BitcoinMYK, and I don't even want to count that because that's my baby, but it was a project that hasn't even come out yet called Hexcoin with Richard Heart, and it hasn't come out yet, and I don't know what's going on with it, but it was supposed to be the first savings certificate of deposit cryptocurrency, and I thought it would do great, you know, with Richard Heart at the helm, and you know, You know, whatever happened with that, it hasn't come out yet. But now Energy token, the NRG cryptocurrency, has come on the scene. And let me explain to you exactly, uh, and I'm gonna try to explain it as simple as possible because when I first learned about this coin, I just felt that the way they been explaining this, it was made a lot more difficult than it had to be. So I'm gonna, I'm gonna try to explain it in a very easy way. So, so If you're familiar with Dash and the masternode community, right, Dash went down to Venezuela and bought up a lot of marketing or advertisements and spent a lot of money on marketing and advertising down in Venezuela. And Dash became underground one of the leading cryptocurrencies. It's used by the Venezuelans probably more than they use the Bolívar, right? And the way Dash was able to achieve this was through their masternode community, where when cryptocurrencies were mined, 10% of all of the mined tokens would go into a treasury for Dash. Dash was clever enough to figure this out to be a self-funding mechanism for their coin. Now, what can you do when you have a cryptocurrency that is decentralized and that has a treasury where everybody can vote and decide what to do with the money, you can do a lot of things that has been a problem for decentralized platforms, right? You can pay for marketing, you can push your product, you can get a lot of things done, things you can't do normally in a decentralized platform. What Energy Token does is take that a step further. Instead of only allocating 10%, they allocate 40% that can now be used to hire development teams, to hire marketing teams, to do all of the necessary things that are missing in decentralized platform that stipend— that hinder it from, uh, going forward, right? So you can do a lot when you have money, and we have a huge treasury. And right now, Energy token, NRG token has the biggest treasury in cryptocurrency with over 40% of their mined cryptocurrencies, their coins, going back into that treasury. And, um, to me, that's the easiest way to explain Energy Token. Also that it uses a proof-of-stake, um, uh, uh, uh, algorithm, right? Uh, and using proof-of-stake cuts down on the energy problems, right? Um, and this is why a lot of people believe Bitcoin will not forever be the dominating cryptocurrency. I've said that, that, um, something's going to replace Bitcoin in the future. A lot of people are skeptical of that. They don't believe when I say that, but I really honestly believe that the days for Bitcoin are going to be limited. Uh, there are going to be more projects like Energy Token funding more development in the cryptocurrency that are going to do much greater things and have a much more efficient system to get ways to get things done without destroying the environment. Like what Bitcoin will do if it's ever mass adopted on a scale like we hope it will be. It will destroy this environment. Uh, and that is a fact. So they're going to find other ways to deal with this. Now, because of ideas like that, uh, Energy Token was, uh, starts— I'm sorry, started by, uh, a big crypto tuber, cryptocurrency YouTuber, video maker. Content influencer who came up with this idea. And I find that very interesting because it's kind of like where I had been going all along, that some of the best cryptocurrencies were going to be invented by marketers, invented by people who are content creators, because they do such a— they have such a big, vast effect on getting these cryptocurrencies recognizable. And I know it was only a matter of time before one created this idea. No offense against developers, but I sometimes find them just too one-dimensional. And lacking a lot of business know-how and skills as you compare to, you know, people who are in the business world, people who are marketeers and a variety of things. And Energi was started by one of those people and is doing very well. And that is why right now, just by following the link in my description, you will get 100 Energi cryptocurrencies. Now there is some very, very low-level KYC, but I think you will all agree for over 900 $900, uh, just, you know, basically doing some very simple holding up an ID, taking a couple snap pictures and things like that. I, I think many of you all are going to agree that's worth $900. In addition to that, you will also get a referral link, uh, free of charge. You don't have to buy any crypto of their cryptocurrency or anything like that, where you will earn 10 Energy tokens per referral. That's over $90, almost $100 over for it right now. Now, if you're not in the United States, the United Kingdom, New Zealand, and a few other countries like that, you might have to wait for the next round, which is round 3. But go ahead and sign up now anyway so they can alert you to the airdrop. There will be a round 3. Nobody will get their tokens to the next rounds where everybody will be included in, okay? So make sure you take advantage of that. But let's just look at the history of this cryptocurrency just so you can see just how explosive it's become. One of my favorite cryptocurrencies. You know, I wouldn't be surprised, guys, with 40% of the mined cryptocurrency going into a treasury, being the self-funding, uh, large capital, uh, cryptocurrency, that they can rival Bitcoin and Ethereum. If not in the end defeat them or some project like them because, you know, we're always evolving in this space. But let's just take a look at this. Let's get to the beginning of June, June 1st, the beginning of the month. This thing was at $2, right? $2, $2.19 on June 1st. Now look at this. Yesterday it was at $6.73. So it, it more than tripled, right? And now look at this, quadrupled, more than quadrupled. Today this thing hit $9, over $9.19. It actually was down in the 50s in rank, and this thing is moving like fire. I mean, a few months back it was like spot 150 or something like that, jumped down in the 50s. Today it's at rank 60 now. This is all a testament to what happens when you get marketers, you know, creating a cryptocurrency. They know how to— business people and marketers know how to promote products. They know how to basically get it to where it's appealing to people because they understand use cases for people. Whereas I find the minds of developers in some cases to be a great deal more creative. A more— they're using more of the creative hemisphere of their brains, where I think more so the business world is using more of the efficiency areas of their brain. What is going to be practical and useful to people, right? And it's not just about you building whatever you want to build. And because of that, I think this is why you're going to see this as a very— I, I mean, a lot of people believe that this coin is going to 100x. It might be the first, or rather it may be the last cryptocurrency left in existence, period, that will be able to 100 times this investment. And I can believe that with the capital it has. You know, they can go out if they want, they can purchase commercial spaces, they, they can pay people, hire people to push this product. They can hire celebrities, I would imagine, right? Anything they could with that kind of capital that they have. And it works on, uh, decentralized governance, right? That's a very key part of this, this, the idea, the concept of decentralized governance, which means that you're able to vote on where you want this money spent in the treasury, right? In a decentralized manner. So that means the community can vote on these things and move products along. As opposed to Bitcoin, that, you know, there are a few developers, there are a few miners that control everything, right? And they are the minority control, which in my opinion feels more like centralization, right? We just don't want to say it, but that's centralization, guys. Bitcoin is centralized. I'm sorry, you know, just, you just got to deal with that. That's what it is because you have a minority of people controlling that network. Energy token uses decentralized governance. It's something we use in our Bitcoin NYK project where the community upvotes how cryptocurrency gets distributed by electing people, right? By voting on things in a way that is transparent. That is real decentralization where it contains the idea of democracy. So what I want you all to do now is go to my link, go ahead and sign up for this right now. Do it right now. That's $900, guys. Do it right now. Make sure you use my link because I'm gonna get a little bit of that for telling you about it. And you're gonna be happy you did it because even if this drops significantly, you're still gonna make a load of money, guys. And that's what I've been purchasing, any of it. And you'll get a referral link after that. You don't have to run a masternode like some silly projects or anything like that. You'll get a referral link when you sign up, and then you can use that referral link. You're going to make 10 NRG tokens for per referral. That's $91 at this current price. Think about that. You go out and recruit 10 people, get 10 people to sign up, that's $900 today for you. And that's what I'm going for. So I want you guys to sign up, do it now, uh, to the link. Also, once you do that, don't forget I'm gonna leave our project link in the description, BitcoinMYK. Make sure that you sign up for that as well, because what I'm gonna be doing with these, I'm gonna do two things with the money from these NRG tokens. I'm gonna buy Electroneum and I'm going to buy BitcoinMYK, our project. And if you're holding BitcoinMYK, you got to benefit from— you can get it for free. So this is two wins for you. The money we get, we're putting it back in the BitcoinMYK from this project. So you can win on BitcoinMYK, you can win on Energy token, buy some Electroneum, you can win on that as well. And it's win-win for you. All you gotta do is do what the video says. That's all I want to say in this video, guys. If you like content like this, don't forget to like, subscribe, and until next time, take care.