WEBVTT 00:00.000 --> 00:06.880 All right. So internet money, this crypto wallet kind of caught my eye recently. And I got to say 00:06.880 --> 00:12.720 at first glance, it seems, well, pretty slick, like they're promising this super user friendly 00:12.720 --> 00:19.540 experience. And even get this, some passive income potential, you know, just throwing it out there. 00:19.780 --> 00:23.020 Yeah, that passive income hook is definitely, definitely attention grabbing. 00:23.200 --> 00:25.520 For sure. But we're going to dig a little deeper, right? Because we got to know what's 00:25.520 --> 00:29.440 really going on under the hood, especially with that new dome token they've added. 00:29.440 --> 00:35.140 Oh yeah, that dome thing. Now, that's where things get really, well, let's just say, interesting. 00:35.520 --> 00:40.480 Interesting is one word for it. Okay, so let's start by breaking down internet monies, like 00:40.480 --> 00:45.120 core features. What jumped out at you? Anything particularly noteworthy, maybe even, 00:45.440 --> 00:50.420 dare I say, game changing? Well, the multi chain functionality is pretty significant, I'd say. 00:50.800 --> 00:55.320 Multi chain. Okay, for those of us who aren't, you know, crypto wizards, break that down for us. 00:55.320 --> 01:00.080 Sure, sure. Imagine, like, a digital wallet, right? But instead of just holding one type of 01:00.080 --> 01:04.000 cryptocurrency, it can handle a whole bunch of them. Bitcoin, Ethereum, you name it. 01:04.400 --> 01:07.580 That's what internet money is going for. They want to be your one stop shop for all 01:07.580 --> 01:12.560 your digital assets. So it's like what, a universal remote for your crypto? 01:13.000 --> 01:16.960 Exactly. Instead of juggling a dozen different wallets, you've got it all in one place. 01:17.200 --> 01:21.540 That's actually not that common in the crypto world. Most wallets are still kind of tied 01:21.540 --> 01:25.320 to specific blockchains. Makes sense. Okay, so multi chain, that's one. 01:25.760 --> 01:30.000 What else? They're really pushing this passive income angle, right? With their time token. 01:30.460 --> 01:33.660 Yeah, the time token is really central to their strategy. Yeah. 01:33.740 --> 01:38.120 Basically, they're saying you can potentially earn just by holding this token. 01:38.480 --> 01:41.540 Hold on, hold on. Earn just by holding. How does that even work? 01:41.680 --> 01:45.680 Well, they've built this whole system where your time tokens, they're not just sitting 01:45.680 --> 01:49.840 idle in your wallet, they can actually be put to work across different blockchains, 01:49.840 --> 01:54.320 generating potential returns for you. Okay, now you're just using big words to 01:54.320 --> 01:57.060 sound smart. No, no, I hear you. It can be a bit much. 01:57.900 --> 02:02.400 Think of it this way, all right? DeFi or decentralized finance, it's like this giant 02:02.400 --> 02:07.020 lending and borrowing system, but instead of banks, it's all powered by code. 02:07.240 --> 02:10.420 Okay, so far so good. So when you hold time tokens, you're essentially 02:10.420 --> 02:15.160 allowing your tokens to be lent out to other users or used in these other DeFi applications. 02:15.660 --> 02:19.300 These activities, they generate a return and a portion of that return is then, 02:19.300 --> 02:23.880 you know, shared with you the time token holder. Wait, so it's like, earn an interest, 02:24.140 --> 02:27.940 but instead of a bank, I'm tapping into this whole decentralized financial system 02:27.940 --> 02:31.340 through internet money. You got it. That's actually kind of cool. 02:32.140 --> 02:35.780 But, and this is a big but, they also claim to be the first of its kind. 02:36.380 --> 02:41.600 Is that legit? First of its kind, though, it seems like every other day there's a new 02:41.600 --> 02:47.060 crypto wallet popping up out of nowhere. What sets internet money apart? 02:47.060 --> 02:50.940 Are they really doing something new? Well, it's all about how you look at it, 02:50.940 --> 02:55.680 I guess. They might not be the absolute first to offer multi-chain or passive income, 02:55.680 --> 02:59.280 but it's the combo, you know? Combo. Yeah, like they're bringing together 02:59.280 --> 03:04.440 these features and they're really doubling down on user privacy. That's a big part of their pitch. 03:04.780 --> 03:07.900 Right. They're very upfront about not collecting your personal data, which 03:07.900 --> 03:11.080 gotta say pretty refreshing in the world of data hungry apps. 03:11.080 --> 03:17.560 Totally. And for the crypto folks out there who are, shall we say, a bit wary of big brother, 03:17.860 --> 03:23.920 that's huge. Huge. Okay, so speaking of things that are a little, shall we say, 03:24.460 --> 03:29.720 out there, the dome token, it's listed on internet money and it's definitely different. 03:29.940 --> 03:33.120 A dome, yeah. Now that one's a headscratcher. To say the least. Yeah. 03:33.340 --> 03:36.520 So for those of us who haven't gone down the dome rabbit hole, what is it? 03:36.660 --> 03:39.120 Well, it's definitely not your grandpa's bitcoin, that's for sure. 03:39.120 --> 03:45.360 This is a token that's, how do I put this? Intrinsically linked to the flat earth theory. 03:45.540 --> 03:49.720 Wait, seriously. Flat earth. Like, they think the earth is flat. 03:49.880 --> 03:54.240 You'd be surprised how many people do and dome has kind of become the unofficial token of that 03:54.240 --> 03:59.920 whole movement. It's even distributed through this flat earth clock app we were talking about. 04:00.020 --> 04:02.560 Right, the whole unlock tokens by unlocking minds tagline. 04:02.740 --> 04:06.720 Exactly. You download this app, you refer your friends, you earn dome tokens. 04:06.720 --> 04:10.140 So it's like multi-level marketing, but for flat earthers. 04:10.240 --> 04:13.160 Something like that. And then there are these things called dome shots. 04:13.460 --> 04:17.960 Basically, once a year, they airdrop more dome tokens to existing holders. 04:18.320 --> 04:19.160 Hold on, airdrop. 04:19.300 --> 04:23.840 Yeah, like a bonus, but for crypto. And the more dome you have, the more you stand to get. 04:24.480 --> 04:32.880 So it's like this weird high stakes game of crypto musical chairs, but with a very specific 04:32.880 --> 04:33.880 worldview attached. 04:34.300 --> 04:36.820 That's one way to put it. But here's where it gets even more interesting. 04:36.980 --> 04:39.640 Remember how internet money is built on pulse chain? 04:39.940 --> 04:40.660 Yeah, vaguely. 04:40.880 --> 04:44.100 Well, that's how dome entered the picture. See, pulse chain is all about like 04:44.100 --> 04:48.360 forking existing blockchains and well it gets technical, but basically they wouldn't 04:48.360 --> 04:49.880 have been able to list dome otherwise. 04:50.340 --> 04:56.220 Okay, so this, let's just say niche token gets listed on this platform that's trying 04:56.220 --> 05:00.020 to be the go-to user friendly wallet. Seems like an odd couple, don't you think? 05:00.200 --> 05:02.280 Right, and that's what makes this whole thing so fascinating. 05:02.280 --> 05:07.460 Is it a genius business move tapping into this whole community of dome holders? 05:07.860 --> 05:12.840 Or is it a risky gamble that could turn off like normal people were just trying to dip 05:12.840 --> 05:13.840 their toes into crypto? 05:14.120 --> 05:16.080 It's a lot to unpack, that's for sure. 05:16.300 --> 05:16.480 Yeah. 05:16.620 --> 05:20.720 So, okay, let me get this straight. We've got internet money, right, this crypto wallet, 05:20.800 --> 05:24.580 and they're all about simplicity, ease of use, appeal into the everyday person. 05:25.020 --> 05:28.000 But then they go and list a token like dome, which is, 05:29.080 --> 05:31.380 well, let's just say it's not exactly for everyone. 05:31.380 --> 05:32.780 Kind of throws a wrench in things now. 05:33.040 --> 05:34.600 It definitely adds a layer of complexity. 05:34.720 --> 05:36.360 I mean, it's not just about the tech anymore, right? 05:36.380 --> 05:38.400 Or even just the potential returns, it's about values. 05:38.680 --> 05:39.020 Value. 05:39.120 --> 05:44.160 Yeah, like what does it say about a platform when they align themselves with a certain 05:44.160 --> 05:45.540 community or ideology? 05:46.100 --> 05:46.940 Okay, I see what you're saying. 05:47.220 --> 05:47.620 It's... 05:47.620 --> 05:50.100 They're putting their money where their mouth is, so to speak. 05:50.320 --> 05:53.160 But man, it's a lot for the average person to consider. 05:53.420 --> 05:56.160 And that's exactly why we're doing this deep dive, right? 05:56.500 --> 06:00.060 People need to look beyond the surface because things aren't always what they seem. 06:00.060 --> 06:00.480 For sure. 06:00.880 --> 06:01.120 For sure. 06:01.480 --> 06:03.420 So, bottom line, what's the verdict? 06:04.100 --> 06:05.780 Internet money, yeah or nay? 06:06.060 --> 06:08.460 Ah, there's the million dollar question. 06:08.700 --> 06:10.420 Honestly, there's no easy answer. 06:10.620 --> 06:13.140 It really boils down to your own individual needs. 06:13.680 --> 06:14.860 What are your priorities? 06:15.260 --> 06:16.120 Your comfort levels? 06:16.360 --> 06:17.480 Right, because we all have different risk 06:17.480 --> 06:20.780 tolerances and honestly different thresholds for weirdness. 06:21.000 --> 06:21.480 Exactly. 06:22.100 --> 06:26.220 And the crypto space, well, let's just say it attracts its fair share of the unorthodox. 06:26.680 --> 06:27.260 That it does. 06:27.880 --> 06:29.440 So, where does this leave us? 06:29.440 --> 06:32.860 What's the final takeaway for all the crypto curious listeners out there? 06:33.160 --> 06:36.960 I'd say keep an open mind, but don't check your skepticism at the door. 06:37.160 --> 06:41.360 The world of crypto is full of possibilities, but it's not without its risks. 06:41.640 --> 06:45.880 Do your research, ask questions, and remember, there's no one-size-fits-all answer. 06:46.080 --> 06:47.280 We're all said, well said. 06:47.680 --> 06:48.540 So, there you have it, folks. 06:48.940 --> 06:52.000 Internet money, a user-friendly wallet with a multi-chain twist, 06:52.460 --> 06:55.640 a commitment to privacy, and, of course, the dome factor. 06:56.180 --> 06:57.700 Whether it's the right platform for you, 06:57.700 --> 06:59.160 well, that's for you to decide. 06:59.320 --> 07:02.560 Until next time, keep exploring the exciting, ever-evolving world of crypto.