Electroneum New Listing/Hex Up 115x/UBI Videos

Welcome back to the channel. I hope you all are having a great day. So I want to talk a little bit about Electroneum today. Electroneum is listed on a new exchange known as CoinDCX, India's largest and safest crypto exchange, is what they're saying about this exchange. Of course, as I always say, when there's a listing on a new exchange, that's gonna expand the value and the liquidity of Electroneum. I think there's a period of time with the Electroneum product that they're gonna focus a great deal on price, um, and we're gonna see that play out through, um, decreasing that inflation rate, uh, that's happening with Electroneum. We're gonna see it play out, looks like, with, uh, expanding to more exchanges Um, and, uh, still just a great product that I, I'm quite impressed with. Now, uh, again, that doesn't always translate well into, uh, you know, uh, volume, price, and, and, uh, price appreciation. Uh, and I think that has a lot to do with— at this point in time, I think people for the most part are still trying to figure out what exactly it is we're going to be doing with cryptocurrency. Um, I think Electroneum is taking steps to show them some of the, uh, good ways they can look at cryptocurrency, that this is going to be a viable product to not only just help people around the world as our economies become, uh, ever so more intertwined and, uh, and our global economy becomes quite small, um, as we'll all be kind of inner trading together. I think products like Electroneum is going to do a great job of basically bringing that to the people. Um, you know, as far as the period of time it's going to take, well, you know, Electroneum has been, um, they seem to have a plan with this, and I don't think that they're really in a rush to fulfill their plan. Looks like Electroneum's really taking this as a strong approach, um, as like you might look at a traditional business, might set it out 4 or 5 years, uh, and I think Electroneum's, um, kind of moving along those lines. I think they started back in, uh, what was it, 2017? We're now in 2020. So if, if, if you were to compare Electroneum on the course of a of a, well planned out, probably average successful period of time a business would take to, really, you know, produce and maybe meet some of its, higher end goals. Uh, probably looking at, probably about a course of about 5 years. Sorry about that, guys. I always forget to turn off my notifications. Um, and, so 2021, 2022, You know, maybe Electronum really starts to pop up. Of course, during that time frame, probably gonna see some, some, uh, price jumps again. And Electronum, especially when we start to see Richard Dale's, uh, becoming visible a lot more, something usually is about to happen. Generally he's busy, uh, he's working in the back. But this is how it works, guys, uh, with getting off real products. So, uh Yeah, I mean, uh, I don't want to give any financial advice, but I probably will start to ease ever so more to getting some Electroneum because I don't want to, uh, mix, uh, miss a big, uh, move up, especially when I think it's probably going to come that way. So me personally, myself, I might be looking to go into that, uh, but, uh, right, yeah, that's what we got with Electroneum, guys. Like to segue over now to Hexcoin. What's happening with the Hexcoin product, Richard Heart's product. All right, here taking a look at the Hexcoin project, up about 115 times over a period of the last 129 days. So we're talking just, you know, obviously these aren't the type of gains you're going to see, you know, happening in Bitcoin. Um, and it does kind of, you know, beg the question, um, you know, is Bitcoin going to really be able to, uh, perform at a level— of course I think Bitcoin's going to always be that major base pair in trading of cryptocurrencies, but is Bitcoin going to really be able to deliver itself, uh, in a sense that's I think going to make sense to at least a lot of cryptocurrency traders. It's going to be very difficult for the mass of Bitcoin to move. We know that it would take a tremendous amount of value for Bitcoin to just 2x, and we've seen HEX 115x in 129 days. Now, of course, some feel that's product of some type of manipulation by Richard Heart. They feel this isn't real, but I think at this point what they have to agree on that whatever the case may have been or could be, that there is a type of virality that is now existing in Hex. One has to say it is developing now its community neighborhood, you know, it's, you know, it's, it's developing its, its base, right? in value. And, uh, the, uh, presentation of HEX, when I really think about it, um, it does really make sense in ways how crypto can be used, um, bearing interest on this, uh, asset, right? This asset class, store value, that you're probably going to be doing more of that in cryptocurrency, at least in the earlier stages cryptocurrency, um, you're probably not going to see a great deal of, um, use in the sense we're thinking about cryptocurrency as far as currency, so to speak. So you're probably gonna see more of this kind of, um, staking type, um, situations with cryptocurrency and, and getting the most of it. And so it's gonna, it's gonna be very speculative, uh, at this point in time. and, you know, that's going to be part of the game right now when the big payday comes. And after that period, you know, are we going to see a lot of that same enthusiasm in the Hexcoin project and so on and so forth? Honestly, guys, I do not know, but I didn't want to be on the wrong side of history with this. And so in that way, I have made sure that I have some uh, Hex for the big payday. And I'm gonna just be watching to see what it does. But, uh, a lot of things are being impacted by the Bitcoin going up and down. You know, I always worry about how to gauge the true value of cryptocurrencies when they do that, uh, how Bitcoin moves. I worry a great deal about manipulation, the amount people can move Bitcoin. Of course, this comes up with a lot of cryptocurrencies. But I think one of the main parts we miss about, um, cryptocurrency is that Bitcoin as well suffers from this. So Bitcoin is not immune, uh, to this, so to speak. So HEX is, uh, still has to be the best performing asset. Pretty darn good volume, over a million dollars over the last 24 hours. Of the year, uh, absolutely. Um, and, uh, um, so we'll see what happens with HEX. Um, anyway, finally want to talk about my product before I get out of here. I want to talk about, uh, as we spoke about use cases prior and, and leading into that, I want to talk a little bit about, uh, a— some information Richard Heart delivered uh, in some videos he had done this week. All right, so here on the BitcoinMYK website, uh, our platform, in consideration of, um, uh, some information Richard Heart put out about, um, do these cryptocurrencies actually do anything for the world? Do they add any value to the world? And Richard Heart gave the example of what was essentially, you have two people on either side of a trade, and he kind of, you know, used some terms like, it's almost like one guy's trying to steal the other guy's money. I think he corrected it. I think he didn't really want to use the word stealing, But I get the concept, right? And, um, you know, the concept of what good does it do to try to gain access to somebody else's money on the other side of the trade? And now, of course, you know, we can say, oh yeah, you make money, you do this or that. But an understanding of the dynamics of money and how money works, you know, the way that money works is this, this, um, way that we transfer value to one another. And it's a way to measure engage that value. And when that mechanism is off, uh, money doesn't work well, right? So in other words, if how the production and the creation of money works is going to be quite, uh, relative to, uh, how, uh, it's used and how it values you something. So in short, is, you know, what exactly you're doing with the money, um, and, and how it works in that economy. Does it create more value to that economy. And it's something like speculation. I think many would agree there's not production, there's not things that offer a lot of improvement to the world. And that opens up a can of worms because then it becomes, do we just speculate to no end for no reason other than to speculate? And you wonder about what good that does in the world. So, you know, in saying that, in our project, we have put together our Universal Basic Income project, which we believe is a mass adopted vehicle. We believe that people in the future will be more incentivized to participate in these type of models. And what we call it is, although the product in itself does start at a focal point of a type of centralization, which is true. Uh, what we see in the future with this product is a situation where it goes from centralization to what we believe will become one of the most decentralized products in cryptocurrency. And it's very simple how that occurs. It occurs based on a deflationary model that kind of in the beginning makes it feel more like a store value, but then it ends up at a more stable price in the end of the model, like a currency. Uh, the deflation, uh, corresponds to the transactions, and as people come in, the value of the network grows, and so on and so forth. Now, to understand this model, you have to really understand what we call the proof of participation model and how we back it. And how we believe it's going to be backed is by the network itself. We believe that human capital and people's participation is a real value to the network. So, and proof of participation— when you do something, you earn our cryptocurrency. It is not based on a model of buying the cryptocurrency, and that's very, uh, very, uh, important to understand. But at the same time, it doesn't stop speculation and liquidation, right, and liquidity to the markets, because there's always going to be opportunity there with the deflation and with the potential size the network can grow, right? The reason that videos are so very important in this way is that we've also figured out that, uh, you know, they're like over— just like you're watching this video now on YouTube, it's over about 5 billion people— or I'm sorry, 5 billion videos get viewed on YouTube, uh, per, um, per day. That's very significant in understanding that, you know, in a model like Proof of Participation that we've created, the universal basic income is probably going to need to correspond to some simple task people can, can do, a way people can participate more, yet have more value, interest in that network and product. And one of the easiest ways to do that is through videos, right? Through YouTube. YouTube videos. Now we interface through YouTube, so you still get the YouTube quality and the video quality. It's just that you earn our cryptocurrency while you do it. You're also able to post to our, to our product and our site your own videos by joining our video profit sharing program, or you can just post regular articles if you don't make videos and so on and so forth. Um, and, um, basically, um, it's like some people are posting here now. See what we got. Yeah, here we go. So we got some people posting different articles. And again, you can make videos, you can do it like this, and you can earn, uh, our cryptocurrency on the network. I'm not going to go in deep detail about how the whole product works. You can subscribe to the channel, you can start to get our cryptocurrency free. By visiting the site, but just trying to help us, uh, understand how cryptocurrencies are going to be used in the future. And the easiest way is going to be through, uh, multimedia, right? Uh, videos and so on. Unfortunately, it's probably not going to be through just, you know, using it as a currency or somebody flying about and using it, because it's just going to be a much more difficult learning curve. For it. So it's going to have to be through a process we believe, like, it's something very simple you're doing already, um, with the traditional markets. A lot of people got involved with the stock market not because they understood the stock market, not because a lot of them, um, had portfolios, uh, uh, earned or owned stock outright, but because, uh, their jobs, right, their 401(k) plans just happen to have fund managers in it, and they were able to take advantage of it that way it took out the difficulty meter in them having to learn how the stock market works. We believe cryptocurrency will have to follow a similar suit. We don't believe the, uh, the average person is going to be able to understand a wallet, have enough facility to get involved, learn all of these complex things, and then have to still invest money in products that they probably don't understand. This is gonna have to be a lot more simpler, like an approach like what we're taking. And because of that, we, we feel our numbers are going to keep continuing to grow and grow and grow. And that's what's happening now. Um, so a very interesting project. We invite y'all to check it out. Um, guys, if you like content like this, don't forget to like, subscribe, and as always, until next time, take care.