The One Disagreement to Rule Them All: Feat Elephant Money

9 min readApr 28, 2023

If you’ve never been in an argument with someone (your spouse, lets be honest) with no knowledge of cryptocurrency and blockchain technology, then your clearly hiding your funds better than I am.

I won’t go into the disagreement or minute details that explained her lack of understanding in blockchain technology. However, what I’m going to write about is how to explain blockchain technology to someone who is solely in traditional finance. My goal for this post is to answer these questions below:

1. What is blockchain technology?

2. What problem/s does it solve?

3. Why invest in blockchain cryptocurrencies & decentralized finance?

4. What is my number one investment and why is it Elephant Money?

I want to answer these questions for you because disagreements arise about money. They happen often between Tradfi and DeFi users because of the lack of research and reputable sources of information in this new financial space.

Show this to your significant other or people not in Crypto or Decentralized Finance (DeFi) because I want everyone to understand this opportunity in front of them. It will change their lives, it already is…

Enlightment Usually Doesnt Come from Medium Articles

“Enlightenment is not imagining figures of light but making the darkness conscious” — Carl Jung

What is blockchain technology?

“Blockchain technology is a decentralized digital ledger that records transactions in a secure and transparent manner. It uses a network of computers to verify and add transactions to the ledger, which is stored across the entire network rather than in a central location.
Each block in the chain contains a unique digital signature, called a hash, that links it to the previous block in the chain. This creates an unbreakable chain of transactions that cannot be altered or deleted without the consensus of the entire network.
This technology is most associated with cryptocurrencies like Bitcoin, but it has many other potential applications. For example, it can be used to track the ownership and transfer of assets, create secure voting systems, and streamline supply chain management.” — Chat GPT

To simplify my assistant’s information.

Blockchain Technology is:

Transparent: Anyone can see any transaction on a blockchain.
Immutable: Blockchain transactions are unable to be altered and cannot be hacked.
Decentralized: There is no single central authority or point of failure. They use a network of computers to validate and store all transactions. One individual cannot alter any transaction already stored on the blockchain.
A Utility: Blockchains can be used for multiple sectors i.e., Finance, Supply Chain Management & Manufacturing, Healthcare, Voting etc. because it is transparent, immutable, and secure.

Note: You can see all transactions on chain using a blockchain explorer i.e. Bscscan.com for Binance, Etherscan.com for Ethereum, Snowtrace.io for Avalanche etc.

What problem does blockchain technology solve?

Here is where we get into the nitty gritty of why blockchain technology has already made waves as a disruptor in the financial industry. Between the fee savings alone this should be a no brainer…

Banks vs. Crypto is the classic Dichotomy:

Hours of Operation:

Banks: Open 9:00a.m. — 5:00 p.m. Monday — Friday /Closed on Holidays

Crypto: Open: 365 days a year, 24 hours & 7 days a week

Fees and Time:

Banks: You can only send money when banks are open. Domestic Wires: $15 — $25–usually 24 hrs / Checks and ACH: $3–usually 24–48 hrs. International Fees approx. $15 — $25.

Crypto: Any time, place, or day with Wifi/Internet. Instant Transfer: 2–10 seconds. Fees: $0.02 per transaction (depending on blockchain). No international fees.

Interest Accounts:

Banks: Savings Account APR: 0.01%

Cyrpto: Decentralized Finance: 0.05% — 365% APR ( or higher)

Note: There are sustainability issues and risks within Defi. DYOR before investing with any protocol (Please read my other articles on Defi and its Risks! )

Risk of Seizure and Inflation:

Banks: Governments can seize your bank accounts. USD is inflationary (worth less every year). Inflation rate is currently at 4.98% (see my article on why this is important here)

Crypto: Government will have a hard time finding your wallet if you have not KYC’d. Many cryptocurrencies have a finite token amount and/or are deflationary.

Blockchain tech for the WIN!

As you can see, blockchain technology reduces fees, increases security, and enables faster transactions. If that’s not already starting to make you a believer it has much more to offer within supply chain management, healthcare, identity management, and voting sectors which I will cover in another article. Here are just a few examples below to make my case more relatable.

There are countless examples of how blockchain technology can protect consumers:

1. 2008 financial crisis could have been averted: Transparency of mortgage transactions, lending, and ownership stored on the blockchain could have allowed buyers of mortgage backed securities to see the terms of the loan, borrowers’ credit, and transfers of ownership. This transparency would have allowed buyers and sellers to see the true risks of buying inflated and over risked mortgage-backed securities. Buyers had no idea they were buying high risk mortgages until it was too late.

2. Disease and Outbreaks Prevention: With supply chain logistics on the blockchain, you would be able to pinpoint where a tainted food / product source originated from. You could even find the person who touched the product last! (Patient ZERO — World War Z, great movie — give it a watch)

3. Counterfeit Pharmaceuticals / Products: Transparent on-chain data would show and track the movement of goods. They could also automate smart contracts to ensure each product met quality control standards before even entering the supply chain. Reducing the risk of buying counterfeit or illegitimate products.

4. Voting: Blockchains can be used to create a secure and tamperproof voting system that is accessible to everyone, regardless of location or socioeconomic status.

Why invest in blockchain cryptocurrencies & decentralized finance?

High Returns: Potential for high returns. There are only 420 million crypto users around the world (2023). The number of crypto wallets has grown by 1,271% since 2016. Crypto is taking the same adoption curve as the internet and there is still time to be an early adopter.(Source)

Banks are paying 0.01% in Savings Accounts and the average return on a stock portfolio is approximately 10%. Alternatively, if you do your research, you can create a blue chip crypto portfolio that will outpace traditional finance returns.

Additionally, eliminating the need for labor by utilizing smart contract technology allows revenue and profits to be given to its protocol shareholders. Banks pay all their employees and shareholders before giving you your 0.01% APR. There are no employees to pay within a smart contract!

Decentralized: Not controlled by a central authority, government, or financial institution. All blockchain transactions are transparent, secure, and cannot be altered or deleted. This decentralization allows consumers to see where money moves within protocols and smart contracts. Questions like: After I deposit where does the money go? or How does this protocol provide that return? Can all be answered on chain in a transparent way.

Do you know where your money goes when you put it into a savings account?…….

(Read up on Fractionalized Banking in my article here)

Note: USD inflation for April 2023 is 4.98%. Due to Quantitative easing — The federal reserve printed $13 TRILLION DOLLARS. Increasing the monetary supply to buy government bonds from commercial banks. Finding cryptocurrencies that are finite and/or deflationary will be key to your success! (Source- Nasdaq)

3. Innovation: Blockchain and decentralized finance is the forefront of innovation of the newest financial vehicles in the world. Doing your research on tokenomics, sustainability, and liquidity will help you create a great portfolio entering the next bull market.

4. Diversification: Diversifying into Crypto & DeFi can hedge your portfolio against unforeseen risks of fiat currencies and events that primarily affect traditional finance, including inflation.

5. Decentralized Finance: Eliminates the need for labor within the system. Decentralized exchanges (Automated Market Makers) are stock exchanges without people.

Liquidity Pools are brokers, a mathematical algorithm does all the work, we pay the exchange in transaction fees which go to liquidity providers. Arbitraging liquidity pools, psshhh just use a smart contract.

When you eliminate the need for labor the benefits go to the consumer, higher APRs, more revenue and profits to shareholders.

What is my number one investment and why is it Elephant Money?

You see what I did there…

Elephant Money is the first of its kind web3 community bank. Operating on the Binance Smart Chain (Blockchain), it provides a permissionless, trustless and secure way to invest your money all on chain. By providing a store of value within its shareholder token called Elephant Money Token and various yield earning smart contracts, it’s truly an innovation that continues to flourish throughout the downturns in the current market.

Elephant Money Tokenomic Overview:

Shareholder Token: Elephant Money Token

1. Finite Supply 1,000 trillion tokens — Fixed Supply & Scalable
2. 81% Protocol Owned Liquidity — Deep Liquidity (Approx $50 Million)
3. Largest holder ONLY owns 0.8% of supply — No Whales to Dump on you.
4. Constant Buy Pressure (See Futures)– Deflationary

The Advantage of Elephant: AMM and Constant Product Formula

Elephant takes advantage of the Automated Market Maker (AMM), Pancakeswap, and constant product formula by locking up ELEPHANT tokens into the smart contract called: THE ELEPHANT TREASURY (aka Bertha). This creates supply scarcity. Think supply and demand curves from Econ 101. When there is limited supply and high demand, prices go up exponentially. This can be best seen utilizing the constant product formula x*y=k on this Youtube channel by EMH.

When you take ELEPHANT out of the ELEPHANT/BNB liquidity pool (on Pancakeswap) by providing BNB, the PRICE OF ELEPHANT INCREASES.

1. Every buy, sell, or transfer: 10% of each, take Elephant out of the LP (5% go to holders, including the treasury, as reflections / 5% into Locked Liquidity)

2. Every deposit into Futures: 90% of all deposits take Elephant out of the LP and store it into the treasury.

3. Every mint of TRUNK: 100% of all deposits take Elephant out of the LP and store it into the treasury.

All of these mechanisms lock up tokens into the Elephant Treasury which creates more and more scarcity in supply. By locking up a majority of tokens, it produces an inflection point called “supply shock”, where Elephant rides up the parabola of the constant product formula for MASSIVE PRICE APPRECIATION.

Elephant Money Ecosystems Token Supply:

Graveyard (Locked Liquidity): 50.49% or 504 Trillion Tokens

Elephant Treasury: 12.97% or 129.73 Trillion Tokens

PCS EM/BNB LP: 10.88% or 108.79 Trillion Tokens

PCS EM/BUSD LP: 7.38% or 73.82 Trillion Tokens

Elephant Money Ecosystem / Smart Contracts hold over 81% of the supply of the tokens!

The more tokens locked up into the Elephant Treasury the higher the price will go! (Currently 129.7T tokens)

Elephant money is currently up > 1,800% since inception and is currently outpacing BTC and Ethereum on the yearly chart, up 62% over 1 year.

Coincodex: Elephant Money

Outperformed 93% of the top 100 crypto assets in 1 year
Outperformed Bitcoin and Ethereum
Yearly Chart: Up 62%
Inception: Up >1,800%

Yearly Chart: Coincodex

Elephant Money: +62.05% (UP)
BTC: -24.06% (Down)
ETH: -32.84% (Down)

Proof is in the puddin — Feel free to fact check me by visiting Coincodex.com (https://coincodex.com/crypto/elephant-money/?period=ALL)

To understand the sustainability of Elephant Money, please see my five other articles on Elephant Money tokenomics or visit the Bailey EMH Youtube channel. In brief, assets outpace liabilities because the yield derived from the constant product formula within automated market makers and supply scarcity mechanics. This is the first on chain DeFi native yield.

If you want to see information on a smart contract called Elephant Money Futures → Link To Crypto Stu Futures Article- More in depth info on Futures and strategies: HERE (BUSD in / BUSD out — 0.5% on cash per day)

Link To Bailey EMH — Youtube Math Series- Understanding the constant product formula and Elephant Money Tokenomics: HERE

· Twitter: https://twitter.com/asignore19

· Telegram: https://t.me/elephant_money

· Discord: https://discord.gg/elephant-money

· Medium: https://medium.com/elephant-money

· YouTube: https://www.youtube.com/channel/UCBHcyR7ixP70R6hhpck1qUQ

Note: This article is not financial advice. Please do your own research before investing in cryptocurrencies.