Cryptonites – Richard Ells on Crypto Mining, Adoption in Africa & Electroneum (ETN)

Dear crypto community and blockchain buddies across the globe…

Welcome back to the no BS blockchain channel covering bitcoin,
cryptocurrency and everything around FinTech. Episode 10 is with the Richard Ells, CEO of Electroneum, a company with a laser-sharp focus on helping the unbanked with crypto mobile payment solutions. In this episode, the CEO of Electroneum will EDUTAIN us with crystal clear explanations on Mining, Proof of Work, Adoption in Africa, digital payments and a taboo topic for some privacy coins.

Time-stamps:

00:32 A passion for bringing crypto to mobile
1:50 What the hell is mining?!!
4:20 Mining gold vs. Mining Digital assets (Proof of work)
5:23 New type of mining: mobile-mining
8:50 Currency vs. Commodity
11:21 Real use cases in Africa (unbanked, underbanked, underserved)
14:22 Digital = more control to governments
15:20 Micro remittances: sending 3 dollars through a bank
19:40 Micro-remittances could be the #1 use case
20:31 Use case #2 is privacy
22:20 #3 Removing power from central authorities
25:44 Monero is NOT a criminal blockchain
28:39 Privacy can save us from criminals!
28:55 Fiat currency or cryptocurrency, the actor IS the criminal
31:04 Recap and fun facts

Download our not-for-profit to better forecast the price of bitcoin thanks to machine learning algos and other data sets: https://bit.ly/2XRNVnx
Use this CODE to gain extra points and increase your chances of winning: OWJPHRI

As well as liking and subscribing please follow #Cryptonites on social media:

https://www.instagram.com/CryptonitesTV
https://www.twitter.com/CryptonitesTV
https://t.me/CryptonitesTV

Alex Fazel – Host and Creator
https://www.linkedin.com/in/alexfazel
https://www.twitter.com/alex_fazel

Liam Turner – Director, Cinematographer & Editor
https://www.linkedin.com/in/Liturn
https://www.oraclefilms.com

Tom Mckerrow – Producer
http://www.linkedin.com/in/tommckerrow
Dogandbird.io

Loz Morgan – Camera Operator

Philip Wiseman – Graphics Artist

Cryptonites is sponsored by SwissBorg:
https://www.swissborg.com
https://twitter.com/swissborg
https://www.facebook.com/swissborg