Electroneum - September To Remember!

Hey you, welcome back to the channel. And guys, it's September, and so we're expecting some great things with Electroneum. So let's talk about what's going on. But first, I want to just say this, and not financial advice, guys, but I have began picking up more and more Electroneum. My Electroneum addiction is spiking. And, you know, this is because of all these great things that are starting to happen with Electroneum. So we want to get into what was the 800-pound gorilla in the room with Electroneum on this, on the road to mass adoption. And that has been the infamous Know Your Customer rules, KYC, which you've probably been hearing quite a lot about either through watching this channel or watching other news about Electroneum. Basically, Electronium, Richard Ells, released a new video and we get to learn that they have found a great way to deal with this problem. And I believe that the site is called Yodi. Don't quote me on that, but I think it's called Yodi. And it's this kind of easy go-between site that Uh, make sure you're KYC compliant. And that's a great idea. That's an excellent idea. Gets you KYC compliant. Uh, you're, you know, you're filling out basic information because there, you know, there are many reasons why you need to be KYC compliant, guys. Uh, uh, you know, there, the, the, there has to be ways to make sure that there isn't a lot of illegal activity going on. When I was a broker, I had to actually submit 60-page documents, as I touched on in some earlier videos, where it would just be this, these very strenuous, uh, opening up of accounts by making sure that was covered and make sure everything was government compliant. And, uh, it was, it was, uh, it was just problematic when people got to sift through 60 pages of documents and, and and get signatures and various things like that. So there's a process to this, but it's a very good end result, uh, because what this is going to do, this is going to make it so Electroneum can do all this great— these great big partnerships throughout various lands, meeting their regulatory bodies, and, uh, it's going to actually make the road to mass adoption possible. It's one thing to talk about how your coin will be mass adopted, it's another thing to actually set the foundation to make that possible. And this has been a common issue throughout the cryptocurrency space where we've had coins saying, oh, our goal is to mass adopt. But what are you, what are you doing to mass adopt? You know, are you just sitting down hoping people mass adopt your coins and various things like that? So, uh, you know, also it's been the issue of centralization versus decentralization. And in the cryptocurrency space, you know, we know that, you know, basically a lot of us like the idea of decentralization. Obviously, you know, it's great that, you know, everything's totally decentralized, everybody's playing fair. And so a lot of us have frowned upon any type of centralization, and I think that's also been part of a big issue why Electroneum hasn't been as talked about and accepted by some parts of the communities as others, because I think some people are diehard on decentralization. But we have to be realistic, guys. We have to take a step back and try to factor what really works. And the reality is The truth of what works seems to fall somewhere in the middle between centralization and decentralization. So the more decentralized you tend to be, I think in some cases the more problematic your system is. And on the opposite, the opposing end of that, if you're just too over-centralized, yeah, you're going to have problems in that area as well. So Electroneum starting to find that perfect balance of a type of centralization that solves many issues for us, gets us to mass adoption, yet at the same time, you know, us having many elements of what can be this widely used cryptocurrency to the point where it becomes decentralized within itself. Because the more people control it, obviously the more people use it, the closer it's going to be to that because it's going to have all of these dynamics that make it fair and easily distributable across the globe. So, uh, guys, uh, that's, you know, that's what's going on with that. The company is Yodi. I'm excited, uh, to hear about that. Uh, Electroneum's numbers are growing. Uh, Electroneum in good form, seems on par with its September predictions. And, um, so that's all very awesome, guys. I think this is the time that that you really want to be focused on Electroneum. This is, this is going to be the turning point, I think, in what's happening with Electroneum. Also, just a quick reminder, guys, I am doing a 2,500 Electroneum giveaway contest that will end on September 27th with one of you walking away with a decent amount of Electroneum. Now, uh, this is right on time to all of the announcements and events going on with Electroneum. Hopefully this will spark a great value to the coin, uh, and, uh, if you've been wanting to pick up on more Electroneum but your pocketbooks are maybe just a little bit, uh, not where you want it to be at this point, or you're heavily invested in something else Or you're already invested, you feel enough in Electroneum but wouldn't mind having a little more, then this contest is for you. We'll have a link in the description on how to enter, how to win. Guys, if you like content like this, don't forget to like, subscribe, and until next time, take care.