Electroneum - Why It's The Best Coin & Btcmyk

Welcome back to the channel. I hope you're all having a great Friday evening as we get ready to go into the weekend. Uh, today we're going to talk about, as the video title suggests, why Electroneum is the best cryptocurrency. It's the best coin, right? Project Aurelius is on its way. Uh, there's going to be a lot more uses for Electroneum when Project Aurelius comes out, and we're just going to get into, um, why I've been saying for years now why I think Electroneum approaches cryptocurrency the best way. And we might discuss some alternatives, right, to that that might be following suit. Now, uh, we— when we talk about approach to a cryptocurrency, a lot of times we're talking about The day-to-day operations, the use of these things. And on the ground, Electroneum has done a very good job of that, of actually finding a use case. We're going to use this thing. It's ergonomically shaped smart devices for people to use the cryptocurrency. It's created modules for merchants to accept the cryptocurrencies in their local grocery stores, department stores, etc. It has basically went to developing nations who are unbanked and they need or have great need for banking, great need to facilitate their day-to-day transactions. And it's done so in an incentivized way where they get money each month from the application incentivizing them. Just think for a moment, imagine that you're using a certain currency and you're getting, whether it be money from it, a money dividend, a bonus, whatever it is, as being inclusive in that community, you're getting money from that. And Electroneum does that every month. And in some places, uh, it could be probably significant money. I've heard some stories in some places around the world, people living off like $10 a month. Uh, I think Electroneum gives, gives out— I don't know what it is now. I think at one time it's like $3 or something like that. I could be wrong, I have to look it up, but I know it was something around there. So depending on where you're at, that, that could be significant. But even so, um, the approach is taken is on par, I believe, with what what make a great cryptocurrency. Not to mention, uh, it has a specific direction with a CEO who, uh, who has a roadmap, who has an objective. And oftentimes the conversation is, in a decentralized setting, uh, that is far too centralized. But I think the more balanced approach, the better approach, the more holistic approach is to move from points of centralization to decentralization. You know, as to say, this is— decentralization isn't a destination. Decentralization is on a spectrum. You're moving, right? And so that's what's great about Electroneum. It does all those things. Now, in order to refute what I'm saying about Electroneum, You would have to show me something better. You got to show me a better approach. Now, what many tend to do in cryptocurrency is go, oh well, you know, um, all that said, all that's great, but it's not a cryptocurrency of great market value, of great price value. And because of that, I'm leaving the project. I'm not interested in it. It's not doing anything. It's not developing anything. It's not a useful tool around the world, etc. So when people factor a cryptocurrency that way, and they do the same thing with our project, we spearheaded BitcoinMYK. What they fail to realize, what they're really saying is that we're just really interested in being able to trade this for a fiat currency like the US dollar or the euro, uh, which negates the entire purpose why you got into cryptocurrency, right? Uh, you, you have several other options you can make money, right? Uh, in the standard economy, and that's similar to many cryptocurrency projects. One is you can invest in high-risk penny stocks, right, which are very cheap and, uh, offer, uh, uh, comparable returns to cryptocurrency. You could go to a casino, which you can take a 25-cent chip and overnight, uh, you might, uh, gain $40,000, $50,000, right? Uh, not likely, but possible. Same thing with many of the cryptocurrency projects you, you choose. But the bottom line is this. The bottom line is what you've really done, and unfortunately even some of the members of the Electroneum community who used to talk about it a lot, who were big proponents of it, who you don't hear from anymore, they went to another cryptocurrency project. But what they're really saying is that they weren't really interested in the project to begin with, right? They just want to make money from it. Now that's saying something different than development, than being able to create economic prosperous systems. And that's supposed to be the narrative for cryptocurrency, your own money, et cetera, that it's going to be used and help people. Because if it's not going to be used, if it's just a speculative device, which I believe Bitcoin has turned into, uh, then it's not going to be something useful to the masses of people, and it's not going to help most people. Now, Bitcoin MYK, I think it's similar but different. Universal basic income, we use the citizen's dividend. We use instead of using what they use in Electroneum, TD payments each, each month. Um, the universal basic income projects, they move on in the arena of technology is going to outpace human labor and human workers. And so as this scales up, what are you going to do with the people who just can't keep up with the skill set of robots? The job market, uh, they're not attracted to the job markets anymore, etc. Uh, it is not a time to bury our heads in the sand and hope somebody somewhere along the lines figures it out. But it is the time to approach that and try to find answers to those problems now, right? And so Electroneum, it has the Any Task Workers program. What does it do? It goes into many developing nations and these people are able to trade their value, their skill, for Electroneum to the West. The West in turn trades their value, their wealth to them, right? And you have a viable marketplace, right? And that's, that's very important to value being exchanged because just because your money's not in the US dollar or the euros doesn't mean you don't have wealth, doesn't mean you don't have value. So these are the, the things I think are hard to conscrew cryptocurrency, but they get there years down the road. A lot of that has to do with education. A lot of it has to do with just what's going on in the world, the timing, etc., the development, the tools, right? And Electroneum gets an A+ in every category in any approach to that. You, you couldn't do that with Bitcoin because Bitcoin starts off at the most decentralized point in cryptocurrency. And development on top of Bitcoin has proven to not be ideal. Ethereum has done a better job, but Ethereum has the problem of impractical fees that, let's face it, developing nations would not be able to efficiently and effectively use. So these, at the very least, have become not a currency that is useful to people, but a speculative device, a wealth management tool, a wealth vehicle, right? Which is saying something totally different than what a currency does and trying to, uh, solve problems for the world with cryptocurrency. I think Bitcoin MYK gets the honorable mention, right? It has a similar approach, right? Now it hasn't been as, uh, proficient at this as Bitcoin or more as Electroneum as of yet. But we are at a time in artificial intelligence development where many of these UBI coins, citizen dividend coins, even if you look at something like RuralCoin, is, um, basically challenging a lot of the narratives. Whether it be one narrative was if people got cryptocurrency free it would have no value. Worldcoin has some of the best liquidity and value in cryptocurrency today, and it is a universal basic income project. Uh, and of course, its objective is to deal with the issues of, uh, of automation, right? Um, and so that's very important to note that that narrative is not only being challenged but proven to be False, not necessarily true, right? Electroneum gives out the free cryptocurrency, and in some way it kind of incorporates that as well. But projects like this that have great potential to grow, that, uh, have approaches, um, BitcoinMYK uses one of the more broadest-reaching tools you can have in a project, and that is, uh, social media, right? So it has this social media function with a wallet. Uh, interesting enough, that's something that, uh Twitter X is attempting to do right now. Elon Musk really wants Twitter to be a financial, a fintech company. So not only a place where you're doing your daily tweets and chatter, but also a place where you're going to be able to use all of those connections and friends as payment gateways with your wallet attached in order to conduct commerce and banking, etc. And, uh, where they're trying to attempt something like that, BitcoinMYK already has the lead in that. And, uh, right, and so projects like that, these are things, uh, you know, we can't drive home enough. These are things people are actually going to use. People can't figure out why Bitcoin hasn't mass adopted yet. People can't figure out why Bitcoin is struggling to hit $100K or a million dollars like that's been promised since its beginning, right? Uh, but I think the part of the conversation that's not being had is that Bitcoin doesn't really service a great deal of the population to the point people are going to be using it daily. It is very expensive, and at best it has become kind of a toy for wealthy investors. Right? To even own one of these things, you have to spend $40,000. Maybe you'll have to spend $50,000, $60,000 for it over the next, uh, over 2024. We don't know. But it is impractical when it comes to spreading economic prosperity. 87% of the network is owned by only about 1% of the people who use cryptocurrency. That is terrible numbers. It is nowhere comparable to the standard economy, which is a great deal better. I don't think that would happen in Electroneum. Electroneum right now is at a good value, a good price to be had and to be well distributed. Same thing with BitcoinMYK is similar price range as Electroneum. Good projects, people receiving universal basic income every day. I believe it's gonna be the first cryptocurrencies to reach billions of users. I think Royal Coin's going— it's already shown impressive numbers, believe it or not, in the course of only a few weeks. I think in Kenya about 600,000 people signed up. Now, of course, it's not just in Kenya that's happening. This is happening globally. And although it's been, you know, concern, and I think the concerns are valid, I think it's valid for people to be concerned about scanning your eyeballs and things like that. If you do enough research into many of these cryptocurrency projects and you understand that it's going to be necessary for us to be able to distinguish artificial intelligence from humans, the first question comes up. Yeah, we know we have to do that, but what is the way to do that? What's the vehicle? How are we going to effectively do that? We can't do that unless there is some type of identification process. And, and so whoever solves that issue solves a great problem of unique identity on a blockchain, whereas bots aren't pretending to be humans, putting out false information, disinformation, misinformation, etc. So all of these things have to be taken into consideration, and that's why you watch the Education Entertainment television show, because instead of us being a hype channel saying go buy this despite this, do your technical analysis, and we don't know what the heck's driving these markets, we don't know, uh, who's pumping these markets and why, we don't know if it's a rug pull or what have you, The people who watch this channel are the people who think deeper about what's going on behind the scenes, and they're probably going to get burnt less likely, right? Especially if they're in this for the long term and they are trying to really solve the issue and not just treat this place like a casino, right? You have the right to treat it like a casino, but the bumps and bruises you may gain from that will be the result of your own decisions and making temporary short-term decisions based on doing what you know you ought to do, and that is getting a real clear handle on what's going on in cryptocurrency. You can do that here on the channel, but you have to subscribe to the channel. Why? Because if you don't subscribe to the channel, if you just click off the video, if you, uh, just go, well, I kind of find this guy as I, as I need to, or Maybe I'll bump into him again. The issue with that is that, uh, you will never get an announcement from when the videos are out, the new videos that could be very pertinent information you need to get hold of. So that's why subscribing is so important. It's not just to make the content creator money. Uh, I could tell you YouTube doesn't pay that much. Uh, most people on YouTube, uh, probably aren't making their money from subscribers directly. Um, and so what it's really about is being able to get that content out, uh, to you. So in many ways it's better for you. Um, don't forget to check out BitcoinMYK today, Electroneum community. Uh, I think you're in the right ballpark. I think your patience will pay off, especially those of you all who have held on this long. If you've held on this long, it's very likely you're going to hold on from now on. So I think you guys are going to be okay. Uh, but I also would like to think, much like I tell people on BitcoinMYKR project who, uh, aren't that impressed with the price, who would like to see a 100x or something like that, which it has done— that's very possible because it's such a low market cap coin. But what I, what I tell those people is that, uh, you know, The people who really understand these projects are going to fare the best because you're doing it to solve a problem, make the world better. And I don't think many of you all would refute me that UBI, universal basic income, uh, in a future where technologies and robots do everything, and believe you me, we're getting there. I don't think many will argue against the idea that we're going to have need of something like that. Um, especially in an area where it's all basically, um, uh, a lot of airdrops to, uh, to get market participation, right? So we're, we're doing a lot of free stuff already. It's not hurting the community, but it's not hurting space, I don't think. But, uh, I think it helps expand the space, stimulate the markets and such. And so we need more of that, in my opinion. Um, but I think that's all I want to cover today. Tell me all what you think is your best coins and why. Uh, try to leave out money though, because again, we know how that works. Pumps and dumps are a thing, uh, in cryptocurrency. So we're not very impressed by the hot pumping coin of the week. Uh, we want projects like Electroneum that have been around for years, and they come back several years later and they, they are still developing what, uh, soon will be, in my opinion, a viable, impressive economic system, uh, that's going to help a lot of people, uh, that's going to be accepted by a lot of merchants and businesses, etc. But that's all I want to say in this video, guys. If you like content like this, don't forget to like, subscribe to the channel, uh, and until next time, take care of yourselves and each other. BitcoinNYK, the link is in the description. Trust me on this. If you've signed up for Electroneum, if you've tried Electroneum, if you're getting your Electroneum coins free per month and you're, and you're, uh, in Electroneum and you're liking the feel of it, you're going to like BitcoinMYK. Link is in the description. Get involved today. Uh, and I'm for, uh, coins like this, right, that, that capture the essence of projects like Electronium, and, uh, there are others out there, but, uh, I very much welcome you all bringing them to my attention. That's all I want to say in this video. Until next time, as always, take care of yourselves and each other.