Electroneum: Most Wallets In Crypto!

Electroneum has 1.4 million wallets and is targeting billions of smartphone users with on-device mining that requires no technical skill. The project partners with mobile carriers and distributors who earn 5% commissions on mined coins, creating a self-reinforcing growth loop that could rival Bitcoin's adoption.
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Hey guys, welcome back to the channel. And today let's talk about who has the most wallets in cryptocurrency. So one thing is going to be evident, and that is throughout the cryptocurrency space, he who has the most wallets is going to win. Right? You got the most interest, if you got the most use case, if you got the highest adoption. When we think of the overall point of using this as a new type of money, a new way to use money, a new, a new evolution in money itself from the barter trade system to gold to fiat currency and centralized governments printing money. What's going to be the telling sign is who holds the most wallets. That's the most interest. That's going to be the most important things. So let's take a look at what's happening. So everybody has a Bitcoin wallet, and the number of Bitcoin wallets right now is estimated anywhere from about 13 million to 28 million. And what's very interesting about Electroneum is Electroneum is gaining wallets at a very high rate. It's going after these smart device, smartphone market, mobile device market, and there are billions of smart devices around the world. There are several times as many smart devices as there are people on the planet. So when we're thinking about the future of cryptocurrency, I think we really have to take a step back and really look at what we're trying to accomplish here. What's going to be the most important thing? Is it going to be how fast the tech is, who has the tech, and how do you access the tech? Or is it going to be Who's using it the most, right? Who understands it? Which is the most user-friendly? Which is the most practical? And a lot of the operations that are going to be going on in cryptocurrencies is probably going to be from your smart device. A lot of purchases you make are probably going to be used to do it with your smart device. Probably gonna send most of your money with your smart device because most people have mobile devices all around the world. They're easy to use. Some people have smart devices, may not even have a television in the home, may not even have a computer in the home. So what's going to be some of the most important indicators of what's gonna be one of the best and more widely used coins. And my opinion is that's going to be Electroneum. Right now, Electroneum is setting up many partnerships with a variety of mobile services, communication services. And part of this deal is an incentivized deal that if they market through their various companies for people to, to bring people over into Electroneum, there is an incentive where they're earning coins, 5% of the coins that the miners use on their phone and various things like that. So what you're, what you're potentially potentially going to see is millions of people coming over. There's going to be all these partnerships, all this marketing coming over to Electroneum, and these companies are going to make money, millions of dollars per year doing this, which is going to incentivize them further. And there are several around Asia and all over the globe that are signing up, and I Forget the exact numbers, but, uh, potentially we can be looking at, uh, um, a, a great amount of these. I'm just looking at some of the stats here, some of the goals that they're going for— being listed on several exchanges. What happens when Electroneum is listed on much larger exchanges like Binance and Bitrex, right? So with the numbers that Electroneum are going to be able to accomplish, I'm quite certain that they will be listed and that will have a significant effect on the coin price. But what we need to focus on again is the wallets. You know, is it going to be reasonable to not include— or unreasonable to say that you're going to need a lot of use of your coins and tokens for there to make a difference. If we look at the cryptocurrency market now, we have Bitcoin and we have altcoins, with Bitcoin taking up the majority of the cryptocurrency market and everybody else being a mile away, with like over 40%, I believe, being used by Bitcoin, and the rest of it is just spread across several dozen altcoins, all balanced for position. Bitcoin with the majority of the wallets. But what happens, uh, as altcoin value goes up against Bitcoin? The problem is within the market, even if the value of money starts to go outside of Bitcoin into other altcoins, right, that's still not significantly affecting overall money coming into the crypto market space. You have to have a plan to bring more money into the cryptocurrency space. And how are you going to do that? By making it as easy as possible. A lot of people are talking about The importance of technology, right? They're talking about who's building what and what it's gonna do and when it's gonna do it. ICOs raising money to do something a little bit faster, a little bit better. But let's take a step back and let's look at some large brands. Let's look at Facebook, right? Is Facebook technology so far advanced that that's the reason why it's remained a significant social media site, right? We're forgetting something called the brand effect. We're forgetting that people don't always jump on board to things just because they're more they're offering more technology. Some people, sometimes people just stay where they are because they're comfortable with, uh, using things they already know, right? With the needs of theirs being met by the technology that exists. And, uh, uh, you know, similar to what used to happen with many operating systems that were created, right? We would get operating systems from various manufacturers, software development teams, and these software companies would promise us basically that we're going to have more tech, it's going to do this that much better, it's going to help us that much better, only for us to get up there and use this and go, hey, well, I like the older version better. This tech is, um, uh, basically, uh, I, I don't need all this stuff. It's, it's too congested. Um, you know, I'd rather be using something I'm more comfortable with. And although it may have offered a variety of more things, some people are just comfortable in certain respects with the brands they use. With the brand effect, uh, with knowing that brand, with trusting that brand, right? And with it being, uh, user-friendly. So if we, if we look at Electroneum, that's already gained over 1.4 million wallets. It looks like it's going to easily meet its second quarter, uh, requirement, which looks like it was about 2 million users. Uh, but I think Electroneum is going to gain wallets super duper fast. And this is the part I was looking here at right here, or looking for, where it says in Electroneum, we already have signed agreements in place to develop Electroneum payment integration for over 1.2 million agents dealers and distributors in over 9 countries and have many more in negotiation. And as I touched on earlier, this is going to be incentivized with these companies also earning a type of commission, if you will, uh, a bonus fee from being involved with these partnerships, which incentivizes them to market to their customers Right? And so Electroneum, I don't think in the cryptocurrency space that people fully grasp what Electroneum is doing. I don't think they see it yet. I don't think they quite see the vision. People are preoccupied with their investments already in Bitcoin. Bitcoin, hoping that goes up, uh, in Ethereum, uh, and, and, and various, uh, Ripple, you know, various other altcoins and cryptocurrencies that I don't believe is change— is going to be able to change the game to the level of what Electroneum's doing. Electroneum's on an entirely different level. It's going after mobile devices, something that outnumbers human beings several times over. They made this super easy to use. 5-year-old could pick it up and mine and send money. We're gonna have to come to terms with that and understand that something like how they're doing Electroneum is the way forward in cryptocurrency. No more being stuck on hoping Bitcoin will go up. The answer is mass adoption. You have to have that. Uh, most of the country still doesn't know what Bitcoin is, except for if you really talk to people, you ask them what Bitcoin is. Most people don't know. They might know the name from hearing it on the news, but that's it. They have no further understanding. That's because of lack of marketing, lack of mass adoption. You have to have mass adoption. So guys, I just want to say that so we can think about, really think hard about What we're doing in this cryptocurrency space and what we're trying to accomplish when in this very small pool, it's too small, right? We have to have a vision much larger than that, and Electroneum is on that. Now, Electroneum is not perfect, you know, it's, it's going through its evolutions as well. But the concept of how Electroneum is set up is definitely part of the answer. And I invite you all, if you don't, if you haven't gotten involved in Electroneum, if you haven't bought Electroneum, that you can get involved at no cost to you by buying it. Now, here's another very funny, interesting thing I just want to add. Before I get out of here, guys. And that is, uh, some of you probably heard of Tai Lopez, and I like Tai Lopez. I love to watch, uh, you know, the memes about him. And I, uh, I, you know, when I was younger, there was a lot of these gurus that taught you how to make money, uh, and it was a lot of get-rich-quick, uh, schemes. And I'm not saying Tai Lopez is that You know, some people say he's this or that. I find him entertaining. But Tai Lopez, you know, to me, you know, he started to get into the cryptocurrency world, right? And he's, you know, had been doing a lot of his, you know, his media had been about a lot of cryptocurrency. And so a lot of, you know, of us in the cryptocurrency space probably familiar with that and Maybe check some of that out. But he's also had a person who does real estate by the name of Grant, I believe it's Cardone, who's— I believe they might be acquaintances. And he's been on the show a few times and he's a real estate guy, but he's also, you know, has, you know, been— showed some interest in the cryptocurrency market. He had some words to say about it. And one thing that Grant said that I thought was interesting and made a lot of sense was that he said, you know what you guys' problem is in cryptocurrency? He said you need to utilize cryptocurrency more like how a drug dealer does. And what does a drug dealer do, right? A drug dealer gets you involved in a product without selling you any of the product in the beginning. He gives it out free. He doesn't say you got to buy this to be all this so that we can have this. He gives it out free and he gets you hooked on it. And when he gets you hooked on it, you're, you're in, then you got to keep going. So I'm not saying make cryptocurrency like drugs, but what I, what I do find interesting about Electroneum is that it has it so easy where a person can get in really without any money and start mining Electroneum. And now you got all these various people involved in one form or another. And once you got that, once you got that attention and you got that word-of-mouth marketing, I'm doing this, I'm doing that, and you got the various marketing plans they have in association with that, you're gonna have some success in that. And, and I think that's gonna be just inevitable that you're going to have that the way Electroneum is set up. And that's something I just want you guys to think about, uh, when you're considering other cryptocurrencies, when you're looking at Electroneum, you're not involved in Electroneum yet, uh, and I'm not telling you to invest in it with your money, but I am telling you to look into it, to try some of the mining, uh, use my referral code so you can get a bonus, uh, you'll actually get more by using my referral code. That's the way the system is set up so you can make more money off your mining. But what that's going to do is at least, at the very least, get you involved. Then you can do your research and due diligence. And if you want to be a major investor into Electroneum, and that's something to say you're going to make on your own, but I just wanted to put it in context, the full idea behind where I think cryptocurrency needs to go, where I believe it has to go. Go if you believe in mass adoption and who— he who has the most wallets wins, right? But guys, that's all I want to say this time about Electroneum. I'm still on the Electroneum train. I like the concept of it. The price to me does not matter. To quote Warren Buffett— Warren Buffett, who doesn't like cryptocurrency, who always has seemingly not the best things to say about it— for us and to our benefit, does have some wise words if you want to relate them to stocks, and that is buy things you like, buy things you use, buy things you believe in. Don't buy on market hype. Don't buy on fear of missing out. Don't buy on where the market is today and where it might be tomorrow. Buy because you like the concept and the idea. Guys, you like content like this, don't forget to like, subscribe, and until next time, take care.
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