Disruptive Crypto Episode 1!
Disruptive Crypto is a blog and future podcast for all the cryptocurrencies that are aiming to disrupt outdated ideas and technologies, and to explore ways in which more of the masses can become involved with blockchain technology. Instead of just going over charts and looking for quick pumps that can make you rich, I will be looking at coins that could be good investments, based on promising new technologies that can begin freeing humanity from outdated ideologies and obsolete people who want to maintain control. There will also be discussion of what’s going on in the world of the establishment whenever governments or banks try to interfere with, or try to manipulate this budding blockchain technology for their own self interests. I think people will need a multifaceted approach to transitioning to more rational social systems. Crypto is an excellent step, but other methods will need to be investigated as well.
For the first disruptive crypto, I want to look at Ethos. Ethos is going to be a universal wallet/exchange phone app where you can store all of your cryptocurrencies with one secure, private key. The reason I chose this crypto first is because it is going to be the type of app that will allow mass adoption with greater ease. You will be able to buy cryptocurrencies directly with fiat, instead of having to go through websites like Coinbase. You can bypass this issue with Ethos. This is a pretty big deal considering how daunting it may be for someone buying their first crypto – having to sign up with exchanges, transferring btc/ltc/eth to other exchanges to buy altcoins, and all the fees in between.
The Ethos exchange will allow you to buy any currency, with crypto or fiat, and swap any coin for any other coin as you’d like. If someone hears about a crypto currency that they want to invest in, and they are new to all this, it will be much easier to just open and app and buy it. Currently, you have to purchase crypto through one of just a few exchanges. You either have to link a bank account, which has to be verified, and then wait a week for your funds to be transferred. You also have to give a lot of personal information to be verified to have higher withdrawal capabilities. You can buy Bitcoin and Litecoin instantly on a few websites, but be ready to pay some very high fees to do so. THEN, after you purchased Bitcoin or Etherium, you have to create an account on an exchange that has the cryptocurrency you’re looking for. After getting set up and verified, you have to transfer funds from the initial account to the exchange. To be able to open an app and just buy the crypto you want, cutting out all those other steps is a MASSIVE deal in the crypto space, and will need to be a standard if cryptocurrencies are to flourish. Check out the sleek interface...
Another cool option is that you are able to build on the Ethos platform, similar to how developers can build smart contracts on Etherium – you will be able to build your own wallets. As crypto gets more mainstream, and people use it for their businesses, being able to create wallets for your new business, or even your own coin will be very useful. There will even be an option to invest in digital assets, which is becoming more popular in the crypto space. Instead of owning an entire home, or other valuable, you can own portions of them. Several cryptos are coming soon that specifically address digital assets, but it’s a nice feature to have within the Ethos platform. And as with MANY other cryptos, Ethos will have a debit card, but you can spend any of your cryptocurrency as the crypto will convert to the local currency.
As far as an investment possibility - there is still definitely potential, though it has grown quite a bit already. Ethos was originally named Bitquence, and came out in ICO at .05 cents and today hit $6 for over 100 times gain. Just goes to show the investment potential of cryptos that are being created to make a difference. Ethos is still expected to climb steady, analysts guessing it could hit $50 by beginning of 4th quarter this year - and expected to be a possible high 3, low 4 figure coin in the future. Most times it is best to invest into a promising cryptocurrency when it is still in the cents, but Ethos still has a potential to give nice crypto returns due to the expected future high value. Lastly, as with ALL crypto investing, always research the websites, teams, whitepapers, whether or not there is a working product out or due soon, coin supply, market capitalization, etc. You want to make sure you're putting your investments into people and technology that you can feel comfortable and confident about.
Of course, as all these new cryptocurrencies are released, there will always be competition/alternate options for this universal wallet concept. Bread and Tokenpay are also applications that allow you to buy crypto directly with fiat, exchange cryptocurrencies, and address similar problems that Ethos does. Since the entire crypto market is so new, I think there will be room for multiple options regarding universal wallets and exchange access. There are several cryptos based around debit cards that allow you to spend your cryptocurrency, but they are not gateways the way Ethos, Bread, and Tokenpay are. So, as an introduction of Disruptive Crypto, I felt it would be best to start with entry points/buying into cryptocurrency. Ethos, Bread, and Tokenpay will make the headaches of exchanges like Coinbase obsolete. I will address this more, as well as a plethora of amazing new technologies being worked on around the world in future episodes.
Before I end this blog, I will address the establishment, and hurdles that the people face while trying to move human freeing technology forward. We are still in the very early stages of cryptocurrency, so it’s hard to say how the future will unfold – but this is literally up to you, the people. You see, in conjunction with all of the various problem-solving cryptocurrencies, there are also needs to be a paradigm shift of the mind. I think there is still too much allowance of govt/bank/corporate interference of basically everything. When a govt announces that they are going to ban cryptos or exchanges, or that they’re going to tax cryptocurrency, I don’t really like the response of the people. They are accepting the information as fact and allowing it to happen instead of questioning every last detail of it. I have a serious problem with govt involvement in anything. First it was cannabis – they initiate prohibition decades ago, ruin many lives, waste lots of money – but now that they see opportunity to make money from the success of cannabis thru taxation – these same people who ruined lives are now going to profit from it?! It’s the same with cryptocurrency. The people (who understand cryptocurrency) want it to succeed, and they want out of the imposed govt system. The govt and their banker friends first talk shit about it, try to scare people away from it – but when it shows signs of success, they GIVE THEMSELVES the right to stick their big fat snouts into everyone’s business, and decide they want a piece. They didn’t help anyone start crypto, they didn’t help anyone invest, they didn’t encourage anyone to invest, and yet now they own a fucking piece of your earning because you were smart enough to invest?! How the fuck can the people allow this?
When the establishment says that they created some law that gives them the right to your property, you say NO YOU ARE NOT! You demand to know when they got the consensus of the people to do this! You demand to know what right a human has to take the property of other! You demand to take a vote – using, say, a crypto platform like CLEARPOLL (blog coming soon) to see what the people think about it! And if the people do not get adequate responses and actions, then you shut EVERYTHING down – no work, no school, go shopping – NOTHING. People, you must take your lives and planet back! If the crypto market starts to fail because of some govt and banker actions – that’s NOTHING to do with the value the crypto is providing, NOTHING to do with any lack of support it has from the people – its manipulation for their own disgusting self-interests! They will try to live off what the people have built! If the people allow that to happen then it will happen! If the people grows balls and demand to be a part of all decision making, and even more importantly, making decision and initiating ideas WITHOUT GOVT PERMISSION - then the establishment is nothing! Where are the cryptos that address this directly? Can we the people create crypto technologies that could make the “rule” of these elitist strangers obsolete? And - Will there also be more real life/real time activities that will need to supplement the digital revolution? I definitely think so. That’s why this new blog series won’t be so much focused on just charts and price analysis, but about the major problem solving cryptos that may ALSO bring a lot of earned resources because of what they aim to accomplish.
I should just remind everyone that I am not a professional financial advisor, and you should always do your own research. I will however highlight technologies that are game changers in an establishment controlled world. As far as returns on investments, Investing in technologies that are disruptive to the establishment, freeing humanity to progress, could be very rewarding!
Check out the links to learn more about Ethos, Bread, and Tokenpay, and if you’re interested in investing, I’ve provided links to the exchanges that offers these cryptos, and a link to check the price movements of the crypto market.
Thanks for reading the first episode of Disruptive Crypto and let me know what you think!!!
Ethos: https://www.ethos.io/
Bread: https://token.breadapp.com/en/#masthead
Tokenpay: https://www.tokenpay.com/
Ethos and Bread are available on these exchanges...
Binance: https://www.binance.com/?ref=10068213
HitBTC: https://hitbtc.com/?ref_id=5a4d3da797b8e
Tokenpay just finished its ico and will hit exchanges soon...
Here is a link to check price action on all cryptocurrencies (I'm sure most of you are already familiar). Let me know if there are other, better sites than CMC
Nice to have a fresh voice that is not all charts and daily price quotes. Being a long term HODLer, generally, they don't do much for me. Readers may be interested to hear through your voice the detailed research Parker has done with bitcoins vs bitcoin cash. That sounds like a story of establishment push back and has me dusting off my BTC wallet from 2015. 😎
Yes, am definitely in favour of the general perspective of your blog, what with financial pokery gaining an ascendency in the cryptocurrency sphere, I predict for 2018 an increasing corrupting influence on the original ideals. But, there is a place for speculation or what I prefer it to call it "innovative investment".
After all, Bitcoin and alts have enabled me to exit from the daily job grind into a minimalist lifestyle which detaches me, as far as it is possible, from participation in many aspects of the capitalist nightmare.
Not ideal, but certainly an improvement!
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