Electroneum - Mobile Streams Partnership Launched!

Hey you, welcome back to the channel. And guys, exciting news, MobileStreams and Electroneum have officially launched. And as a quick reminder, guys, the same video you're watching now, you can watch it over on BitTube. The link should be in the description, and you can actually earn a cool cryptocurrency called Tubes get paid for watching the same videos you watch over here. Think about how much money you will make, uh, if you estimate all the hours you put into watching YouTube videos. So you have the option, you can either watch it here, you can watch it there, you can watch it both places and win on both ends. But anyway, let's talk about this partnership and all these great things that are happening with Electroneum this month as they said they would. So the article reads here, the media company MobileStreams PLC said Thursday it has teamed up with Electroneum to launch an enablement cryptocurrency product in Argentina. MobileStreams said this product will give customers the opportunity to generate cryptocurrency on their smartphones. Which can be used in online purchases or exchanged for standard currency. We are very happy to launch the Electroneum product in Argentina with the current economic instability in the region. The opportunity for customers to generate money through the mobile miner will be a positive enhancement to our live services, said Chief Executive Officer Simon Buckingham. Richard Ells, Chief Executive Officer of Electroneum, commented, this is a key territory for us as we look to move towards mass adoption and enable more people to live better lives. MobileStream's ability to connect people will be crucial for us as we look to grow our global user base and give more people access to cryptocurrency through their mobile phones. The company confirmed it will earn revenue in line with customers' rewards. MobileStream shares were trading down 0.5% at $0.094 each on Thursday. So as you can see, guys, this is happening. This is a great step for, uh, Electroneum. Great partnership ties in directly with their market. Not the, not the only great thing that's happening for Electroneum this month as well. Electroneum has reached over 1 million downloads on the Google Play Store. So Electroneum has a great deal more wallets, and that's just the Google Play Store, but Electroneum has a great deal more wallets and than most every cryptocurrency out there right now. And what that means is the idea at the end is kind of like Highlander type quote. He who has the most wallets wins, right? Or who's left with the most wallets wins, however you want to phrase that. Now involving the KYC into this, you know, these are— this is such a great thing. A lot of people have been quite concerned about KYC. Some strong Electroneum supporters have been about it. People in the cryptocurrency space, some don't like it. But here, here's what we need to understand, and here's what we need to consider. A lot of the mental mindset around KYC that we have developed I know living in America, a lot of cryptocurrency and idea was driven a lot by privacy, was driven a lot by, you know, concerns, censorship, being anonymous and things like that. Whereas this is a kind of different market, right? When you're dealing in Latin America and you're dealing in India, uh, where here Mobile Streams has 750,000 customers, paying customers. Uh, you know, this is a, this is a whole different ball game. You know, these are, this, this is a customer service based situation where you do have to know your customers through, through service providers. Uh, in addition to that, uh, this is an entirely different market because as is mentioned in the article, it talked about the instability of price. So the concerns are different, uh, in targeting areas that are unbanked. These people want to be able to bank. They want to be able to have a stable money and structure and protection where they can move their money around. So the, the mindset is different, and, and Electronum was very clear that this is what they're going after, right? So, uh, you're more concerned about, um, being able to have a currency that is stable. Uh, people are bartering mobile minutes to buy bread. They're bartering it for these various things. Uh, they want a stable structure. Uh, it is not a mindset driven from fear of government, fear of censorship, and all these things on the level of what we get in the West. You know, right now these people are after stability in their systems, uh, and this works well with them as they're already, many of them, using these mobile minutes as a trading and bartering system. Okay, so that's another thing we have to be mindful of with the KYC, that the mindset is different and how Electroneum is targeting their— this customer base, right? Uh, and so you— I, you know, I get into, uh, some discussions with people in the cryptocurrency space who I don't think quite understand that. And so they go back to, oh, this is not what crypto is supposed to be about. It's supposed to be totally decentralized and various things like that. But here, what we're finding is that cryptocurrency is working great in these hybrid systems that are solving many real-time, real-world issues. You know, not ideas about some shadow government that's out to get you or destroy you, even though that could be the case. I understand that. I've heard some compelling information about not trust your government, and I agree with a lot of those things, but this is a different ball game over here. Okay, so a lot of this mindset that's come into electronic, uh, come into the crypto space, and it has went all over the entire space, is this supposed to be the only way to do things, or is this the only type of system that people should use? I think is an inaccuracy. I don't, I don't, I think that We should want to experiment with hybrids, do different things. And the way Electroneum is set up, there is some centralization obviously, of course, when we're using the instant payment system. There is a type of faith in Electroneum to process and approve these transactions and various things like that as they see it across the blockchain. And so that's going to solve a lot of problems. And so we can see all these great things happening with Electroneum, and this is what we're going to have going forward. Forward. And a lot of people who have fallen into this trap of not taking Electroneum serious or thinking it's a baloney coin, right, that it's a trash coin. And, you know, my opinion is they haven't really studied the setup of Electroneum. They haven't been up to speed on what's going on with Electroneum. Many of them are just looking at the price and going, oh, it's been sitting at this for such, such, such. And that is a very, uh, common issue in trading, not just in cryptocurrency but in traditional trading. And this is where people look at, uh, the price and they can be deceived by price, right? Because you could be deceived by prices moving up. It could be pumps. It could just be hype for the moment, but the product itself is not structurally sound to really go forward into the future. So it's going to reach a cutoff point. It's not going to grow any further and it's going to fall, right? So you have those kind of people and then you got people who can look at the fundamentals. They can look at the structure and see ahead of time that this is a good concept and that this will continually grow. It has a room for continual growth and a good opportunity and good uses for people. And to where it will be something that is important to the daily lives of people. And so this is, I think, what's been going on and what's been part of the problem. But guys, I'm very excited about that. That's all I want to say today. As a reminder, we are giving away 2,500 Electroneum. Last day to enter our contest will be September 26th. It will end on September 27th. Okay, so make sure you enter. We'll leave a link in the description to get those Electroneum. You can walk away with 2,500 of them. So guys, that's all I want to say. Join me over on BitTube. If you like content like this, don't forget to like and subscribe. And until next time, take care.