Dear Cryptocurrency Watchers and Dreamers:
“So, do you want some Electroneum, dude? Just a taste? Yeah?
“Step into my dark alley.
“A little closer…”
Isn’t that what it’s all about anyway? If you’re going to create a cryptocurrency, would you not make that cryptocurrency interesting?
And thinking this way, allowing yourself that luxury, how many cryptocurrencies out there, are interesting? Have any pizzazz? Ones that don’t make you want to throw-up after you buy them?
Take bitcoin for example. We know it started in 2009 or thereabouts. Satoshi Nakamoto and all that. Please.
We know that hundreds of other cryptocurrencies are under development, but none have ever been as popular as bitcoin.
Even Nicolas van Saberhagen got in the act. And CryptoNote was born. And it was about time.
We also know that the Chinese really like bitcoin? Bull. We know that the Chinese (people) aren’t stupid. Why would an entire nation of near-slaves like any type of cryptocurrency that is traceable? Think again, Shirley. The PBoC (.gov) needs compliant subjects.
And we know that there are hundreds of other cryptocurrencies out there with varying degrees of excitement…and sheer boredom. Dull, as in sleepy.
So, where is the real McCoy? The real back-burner stuff, that we can move to the front burner – at least for a while?
Explosive adoption. A tidal wave of fun. Electroneum?
Bitcoin fights for superiority. It struggles against its competitors. Bitcoin Cash, Bitcoin Gold, and many more. Ethereum, Ethereum Classic, Dash, Ripple and so on.
Crypto-creators are getting rich, but the investors are bilked – or is that milked? Why even try?
And the circus continues, right? New processes, new promises, new wallets and basically the same old thing.
Download this PC app. Maybe we’ll have a cell phone miner – someday. For now, just wait. And wait some more. This takes time. More BS. More time. Meanwhile, we’re aging…
And zero “mass adoption.”
And we know that hype can make people notice. Or is it the other way around, if you build it, they will come. How about somewhere in between? How about if we sizzle it?
Is that the promise of Electroneum? Having the same capabilities of Bytecoin, Monero and the CryptoNote protocol – but having some power behind it. Some excitement, but not hype. Some chutzpa? But not junk-coin.
And some live person to call and say, “Dude, like your coin but, well, I screwed up and forgot one freaking letter on the send address and now I have 1000 ETN’s in freaking stuck-like-pud-land. Can you help?”
“Electroneum here – we’ll get right on it, sir!”
Can’t do that with any other CryptoNote. Will we be able to with our ETN’s?
You’ve undoubtedly come across allegations from the Monero folks indicating that Electroneum is essentially a copy of Monero. But was not Monero taken from BitMonero, by the alleged community? Was not Monero taken from Bytecoin and the CryptoNote protocol, even if it has changed?
Cryptocurrency is the land of clones and forks. In fact, the folks that brought us CryptoNote encouraged anyone to use their software protocol.
And now we have a Electroneum.
So, let’s get off our high horses, shall we? Let the best man or woman, win.
I am sick of the purification schemes that never come to fruition. CryptoNote coins that never rise to the “user-friendly” environs, because, you see, the users are losers. The developers, lost in their own self-serving nodes, regale us with their genius, then crap on us with their half-baked excuses.
Maybe it’s time to let Electroneum give it a go.
If expert businessmen and marketers can combine their resources and use a product better than those who developed the original product, why shouldn’t they?
It sort of reminds you of ranching. Once you voluntarily sell your cattle, the next rancher can do what? He or she can compete with your business and sell more cows. You can go out of business for being less efficient or get to work.
Sure, people will like the privacy of Monero. They like security, absolutely. But if all you do is sell the steak, refuse to sell any sizzle, your business model may not succeed.
That’s what I think Electroneum is trying to do. Trying to sell the sizzle and the steak, using the CryptoNote protocol, but centralizing part of the works. This certainly decreases the privacy part, but will it matter? Will anybody care, if it serves to unseat the Fiat Gods of the Fed? Besides, we’re not talking about a coin that is being built in a third world communist regime.
Does anyone really think that cryptocurrencies are long term investment vehicles, though? That cryptocurrencies are not temporary? Of course, they are. Things will change.
Come on, search your soul. How many times have you deleted the bitcoin wallet from your computer? How many other cryptocurrency wallets have you downloaded and deleted?
And I am not saying that I would rather have .gov fiat money. I think that .gov fiat sucks. All I’m saying is we need to make some hay, while the crypto-sun is still shining.
Using that as a backdrop, anyone who invests in cryptocurrencies, might want one with immediate and powerful messages and a potential to rally — and rapidly expand.
Why? Is it not plain? Strike while the iron is molten, not after the .govs ramrod the innovators.
Less chance of losing money, right? More chance of making money, don’t you think? No more delay.
So, the key, is to recognize the next major expanding cryptocurrency. That’s a tough job.
Looking back almost anyone can see how the new cryptocurrencies arrive on the scene. How they create some hype, suck in millions of dollars, plateau and then fade. More advertising is pushed out, more videos, professors, news guys, hot chicks — all talking-up the protocol while more investment money flows in; and then what happens?
Oftentimes you have a stationary thing. A crypto-monster treading water until it disappears into the depths, with your cash. The crew and talk-bots shift to the next coin. Failures dot the crypto-landscape, but these coin-pushers thrive here. It’s too easy.
“Wanna taste for free,” they ask? “An air-drop maybe? This is some 3.0 stuff!”
So, you buy and cry.
The pushers call them tears of joy.
Zombie-coins. Churning coins. Incessant trading. Exchanges, feeding off the fees. Money tubes, full of lost labor. Math freaks gorging on code.
And it all sucks. And I’m tired of it, aren’t you? Way past day-trader mode and gambling. Now I want a contender, ready to show us the marketing stuff. Show the blockchain-lovers, how the hell it’s done.
Could Electroneum do that?
A few months later, after the next-newest cryptocurrency version has failed, no doubt the same guys will be back with the next great cryptocurrency. They’re trying again. ICO after ICO and dump after dump. They need millions more of your hard-earned money. There is another rush to purchase, maddening pumps, spectacular dumps, and then the cryptocurrency is shoveled into that pit where our money burns. But they come again. Version 12. A new team. New protocols. New wallet.
Oh, just stuff it.
Cryptocurrencies are labeled as Ponzi schemes and pyramid schemes, somewhat like the current .gov fiat money schemes we use today. We are told that cryptocurrency exchanges are unregulated, and they can essentially cheat their own system. We are told that private money can lead to more crime but the cash in our pockets, created by our governments, is somehow immune?
With all this bad news, maybe a Electroneum is the good news.
At any rate, cryptocurrency is a choice. It’s a free choice. Government money is required money. And gold and silver are not legal tender, for the most part.
If you can’t crap, CryptoNote progeny (you know who you are) then get off the pot.
Let’s watch Electroneum.