SALT stands for Secure Automated Lending Technology. It allows you to keep your cryptocurrency (bitcoin, ethereum & crypto) and borrow against it. SALT Lending holds the value of the cryptocurrency and borrow fiat currency (USD, YEN, EURO). This could change the world of lending. You could borrow without having credit checks and proof of income. And the lender holds actual collateral. I hope it works. It is definitely a good idea, but there may be some drawbacks. 1. Cryptocurrency volatility. Since the value of cryptocurrency can go up and down so rapidly how can the lender and the borrower maintain the agreement? The borrower is supposed to make up the difference between the amount borrowed and the collateral if the crypto being held goes down. 2. State by State Regulations. Lending is regulated by each state so Saltlending will have to be authorized to act in each stated. 3. Centralization. There are pros and cons to centralization. Pros: regulation requires it, faster decisions. Cons: easier to attack, governments can shut it down or apply restrictions in their areas, organizational greed. transcript: 1 00:00:00,829 --> 00:00:10,429 hey guys this is crypto noob Bruce and I 2 00:00:08,250 --> 00:00:13,139 just discovered something called salt 3 00:00:10,429 --> 00:00:20,660 it's been a round for a while I guess 4 00:00:13,139 --> 00:00:23,910 since about I don't know June 2017 and 5 00:00:20,660 --> 00:00:26,099 wow I wish I would have gotten in on 6 00:00:23,910 --> 00:00:29,220 this a little earlier this sounds very 7 00:00:26,099 --> 00:00:33,230 interesting essentially it's like a 8 00:00:29,220 --> 00:00:37,230 cryptocurrency that allows you to borrow 9 00:00:33,230 --> 00:00:41,160 borrow fiat currency and so I just 10 00:00:37,230 --> 00:00:43,190 bought about about about nine of these 11 00:00:41,160 --> 00:00:48,870 so I'm gonna go ahead and add it to my 12 00:00:43,190 --> 00:00:52,879 my crypto compare portfolio let's do 13 00:00:48,870 --> 00:00:56,940 that I'm just gonna hit add here and 14 00:00:52,879 --> 00:00:58,379 there we go I bought about nine it's 15 00:00:56,940 --> 00:01:01,320 like nine point five or something but 16 00:00:58,379 --> 00:01:04,350 for now just put nine put add driving me 17 00:01:01,320 --> 00:01:11,330 crazy where is it seriously where is it 18 00:01:04,350 --> 00:01:14,250 I don't see it the house back there oh 19 00:01:11,330 --> 00:01:15,869 there it is salt okay they just had the 20 00:01:14,250 --> 00:01:18,930 wrong symbol years what kind of Scott 21 00:01:15,869 --> 00:01:19,979 throwing me off there said 107 dollars 22 00:01:18,930 --> 00:01:24,360 okay 23 00:01:19,979 --> 00:01:26,250 anyway now what I'm gonna do is I'm 24 00:01:24,360 --> 00:01:30,090 gonna go I'm gonna show you my lending 25 00:01:26,250 --> 00:01:32,540 the actual lending wallet they have so 26 00:01:30,090 --> 00:01:32,540 here we are 27 00:01:35,740 --> 00:01:44,590 there we are right there there's my 28 00:01:37,329 --> 00:01:47,470 dashboard says I have about 9.8 salt so 29 00:01:44,590 --> 00:01:49,030 I guess the first step is to actually 30 00:01:47,470 --> 00:01:52,030 put salt in there if you want to 31 00:01:49,030 --> 00:01:55,270 actually borrow you have to have salt to 32 00:01:52,030 --> 00:01:57,340 borrow against go I guess the way it 33 00:01:55,270 --> 00:01:59,380 works from what I've heard is it and I'm 34 00:01:57,340 --> 00:02:02,670 about to actually do this I'm actually 35 00:01:59,380 --> 00:02:05,020 you're seeing me learn real time here I 36 00:02:02,670 --> 00:02:10,630 way it works is that you have to have 37 00:02:05,020 --> 00:02:13,900 salt there and they hold your 38 00:02:10,630 --> 00:02:17,560 cryptocurrency as collateral and you can 39 00:02:13,900 --> 00:02:19,569 actually get it back after you pay so 40 00:02:17,560 --> 00:02:21,160 they hold your money as collateral it's 41 00:02:19,569 --> 00:02:24,069 like you say I put litecoin in there 42 00:02:21,160 --> 00:02:25,780 right so I traded my light coin for salt 43 00:02:24,069 --> 00:02:27,700 and I'm I'm just guessing how this works 44 00:02:25,780 --> 00:02:30,670 we're gonna see see it work in action 45 00:02:27,700 --> 00:02:35,110 but I put I traded my light coin for 46 00:02:30,670 --> 00:02:37,750 salt and now I have nine salt and I'm 47 00:02:35,110 --> 00:02:42,070 about to see if I can borrow a little 48 00:02:37,750 --> 00:02:46,450 bit of money fiat currency and so after 49 00:02:42,070 --> 00:02:50,470 I pay my the money that I borrow from 50 00:02:46,450 --> 00:02:52,900 salt I will I can then get my currency 51 00:02:50,470 --> 00:02:55,989 back something something to that effect 52 00:02:52,900 --> 00:02:58,420 and rather than basically doing what 53 00:02:55,989 --> 00:03:00,220 normal lenders do which is to check your 54 00:02:58,420 --> 00:03:03,070 credit score and make sure you have an 55 00:03:00,220 --> 00:03:04,870 income and all that kind of stuff like a 56 00:03:03,070 --> 00:03:09,370 bank would do or one of those crazy 57 00:03:04,870 --> 00:03:11,109 lending agencies do salt takes a bit of 58 00:03:09,370 --> 00:03:14,200 collateral from you in the form of 59 00:03:11,109 --> 00:03:16,239 cryptocurrency and if you don't pay it 60 00:03:14,200 --> 00:03:17,590 back they can bake you keep that right 61 00:03:16,239 --> 00:03:20,920 because they have your collateral II 62 00:03:17,590 --> 00:03:22,690 have something worth to you but you're 63 00:03:20,920 --> 00:03:25,810 gonna if you pay it back then you get 64 00:03:22,690 --> 00:03:28,810 the full value of your currency back so 65 00:03:25,810 --> 00:03:30,840 that's pretty awesome so first step I've 66 00:03:28,810 --> 00:03:35,019 already taken it I actually bought some 67 00:03:30,840 --> 00:03:36,819 salt with litecoin I use this to get 68 00:03:35,019 --> 00:03:39,100 like coin I have a theorem in a Bitcoin 69 00:03:36,819 --> 00:03:44,739 but you can also do dash or whatever you 70 00:03:39,100 --> 00:03:48,609 have and next step is I think to go here 71 00:03:44,739 --> 00:03:50,739 to base I want to 72 00:03:48,609 --> 00:03:57,640 let's say I want to do a $5,000 loan 73 00:03:50,739 --> 00:04:02,109 right I would say redeem and it's gonna 74 00:03:57,640 --> 00:04:04,450 say please confirm membership you would 75 00:04:02,109 --> 00:04:08,760 like to purchase as well as the 76 00:04:04,450 --> 00:04:11,920 borrowing limit you just want to select 77 00:04:08,760 --> 00:04:15,870 all right it's five ten thousand dollars 78 00:04:11,920 --> 00:04:19,660 okay so I'm gonna give them members 79 00:04:15,870 --> 00:04:22,539 redeemed it's one salt okay so I just 80 00:04:19,660 --> 00:04:25,780 gave up one salt as you can see one from 81 00:04:22,539 --> 00:04:27,240 nine point eight five to eight point 82 00:04:25,780 --> 00:04:30,190 eight five all right 83 00:04:27,240 --> 00:04:31,570 membership redemption complete thank you 84 00:04:30,190 --> 00:04:35,620 for purchasing these salt memberships 85 00:04:31,570 --> 00:04:40,240 stay tuned for news updates and new 86 00:04:35,620 --> 00:04:42,340 developments okay is that it or or what 87 00:04:40,240 --> 00:04:45,250 so this is this is showing my 88 00:04:42,340 --> 00:04:48,699 transactions that actually I use 89 00:04:45,250 --> 00:04:51,840 litecoin and the litecoin translated to 90 00:04:48,699 --> 00:04:54,669 use the light coin went through 91 00:04:51,840 --> 00:04:56,380 shape-shift which changed it to the 92 00:04:54,669 --> 00:04:59,530 theorem and that's why it's showing 93 00:04:56,380 --> 00:05:00,760 aetherium right there all right if I'd 94 00:04:59,530 --> 00:05:04,120 known that I would you just use the 95 00:05:00,760 --> 00:05:07,510 darién but learn something every day 96 00:05:04,120 --> 00:05:10,570 right all right so let me see if I can 97 00:05:07,510 --> 00:05:12,190 actually borrow or if it's that's it it 98 00:05:10,570 --> 00:05:15,010 might be that they're not there yet I 99 00:05:12,190 --> 00:05:16,289 know that they're still trying to get 100 00:05:15,010 --> 00:05:22,199 through this 101 00:05:16,289 --> 00:05:26,050 they got um oh okay yeah you got to put 102 00:05:22,199 --> 00:05:27,580 looks like they're gonna do some you got 103 00:05:26,050 --> 00:05:29,710 to do some more identification 104 00:05:27,580 --> 00:05:32,610 verification there's no limitation on 105 00:05:29,710 --> 00:05:37,240 how much salt you can purchase all right 106 00:05:32,610 --> 00:05:43,180 to withdraw over 2000 USD worth of salt 107 00:05:37,240 --> 00:05:46,330 upload a valid government-issued ID your 108 00:05:43,180 --> 00:05:49,539 ID will not be verified immediately upon 109 00:05:46,330 --> 00:05:50,979 upload as usual it takes a while for 110 00:05:49,539 --> 00:05:53,919 them there because a person has to 111 00:05:50,979 --> 00:05:57,080 verify it all IDs will be reviewed and 112 00:05:53,919 --> 00:05:59,520 verified before token issuance 113 00:05:57,080 --> 00:06:04,520 salt distribution but this is only if 114 00:05:59,520 --> 00:06:08,100 I'm taking out $2,000 worth of salt salt 115 00:06:04,520 --> 00:06:12,410 distribution will take place within 15 116 00:06:08,100 --> 00:06:14,790 days after the end of sale period okay 117 00:06:12,410 --> 00:06:18,240 all right so I want to know more about 118 00:06:14,790 --> 00:06:19,980 this lending thing I want to borrow if I 119 00:06:18,240 --> 00:06:23,010 wanted to borrow some cash how would I 120 00:06:19,980 --> 00:06:26,360 go about doing that looks like they 121 00:06:23,010 --> 00:06:26,360 might not be there yet 122 00:06:27,590 --> 00:06:38,700 but here's the paper the white paper on 123 00:06:35,520 --> 00:06:46,220 the abstract on salt here blockchain 124 00:06:38,700 --> 00:06:54,120 backed loans and it shows you holding 125 00:06:46,220 --> 00:06:59,220 XRP Bitcoin or aetherium to get USD euro 126 00:06:54,120 --> 00:07:03,390 or whatever and this was done August 127 00:06:59,220 --> 00:07:05,520 maybe that's when they updated it salt 128 00:07:03,390 --> 00:07:07,380 is a membership based lending and 129 00:07:05,520 --> 00:07:09,630 borrowing network that allows users to 130 00:07:07,380 --> 00:07:11,640 leverage their blockchain assets to 131 00:07:09,630 --> 00:07:15,390 secure cash loans 132 00:07:11,640 --> 00:07:18,930 Wow so you can use cryptocurrency to get 133 00:07:15,390 --> 00:07:20,490 back USD and then they hold your 134 00:07:18,930 --> 00:07:22,080 cryptocurrency they don't spend it they 135 00:07:20,490 --> 00:07:24,270 don't do anything with they just hold it 136 00:07:22,080 --> 00:07:26,220 until you pay back the loan and I 137 00:07:24,270 --> 00:07:29,010 imagine the loan will have some sort of 138 00:07:26,220 --> 00:07:31,830 an interest rate with it so our secured 139 00:07:29,010 --> 00:07:35,030 automatic lending technology is a port 140 00:07:31,830 --> 00:07:36,990 is a protocol and an asset agnostic 141 00:07:35,030 --> 00:07:40,560 architecture designed to adapt to 142 00:07:36,990 --> 00:07:43,520 constantly changing class of crypt of 143 00:07:40,560 --> 00:07:47,610 blockchain assets all right 144 00:07:43,520 --> 00:07:51,810 the system is designed such that if you 145 00:07:47,610 --> 00:07:54,840 have an asset you want to hold on to you 146 00:07:51,810 --> 00:07:57,810 can borrow the asset you can borrow the 147 00:07:54,840 --> 00:07:59,700 asset you want to spend regardless of 148 00:07:57,810 --> 00:08:02,760 the credit history or Geographic 149 00:07:59,700 --> 00:08:06,390 constraints the salt platform is 150 00:08:02,760 --> 00:08:08,950 automated efficient and crypt 151 00:08:06,390 --> 00:08:11,720 illogically secure 152 00:08:08,950 --> 00:08:13,670 it offers a compelling solution to the 153 00:08:11,720 --> 00:08:16,100 problem of many consumers face when they 154 00:08:13,670 --> 00:08:18,590 need to need or want cash to make a 155 00:08:16,100 --> 00:08:20,890 purchase but do not wish to liquidate 156 00:08:18,590 --> 00:08:23,990 their assets that's pretty damn cool 157 00:08:20,890 --> 00:08:26,630 instead of selling salt enables the 158 00:08:23,990 --> 00:08:30,260 members of salt lending platform members 159 00:08:26,630 --> 00:08:33,260 to leverage the value of certain digital 160 00:08:30,260 --> 00:08:35,750 assets thereby giving them access to 161 00:08:33,260 --> 00:08:39,229 cash offset man I'm freakin sold that's 162 00:08:35,750 --> 00:08:41,419 awesome that's this sounds like this 163 00:08:39,229 --> 00:08:44,180 sounds incredible you could I mean cuz 164 00:08:41,419 --> 00:08:47,060 you could I could borrow cash against 165 00:08:44,180 --> 00:08:52,760 salt and then turn around and use a cash 166 00:08:47,060 --> 00:08:56,420 to buy other assets then make money off 167 00:08:52,760 --> 00:08:58,580 the assets and then give salt pay salt 168 00:08:56,420 --> 00:09:01,400 back while I'm building up these other 169 00:08:58,580 --> 00:09:05,990 assets and then when I'm all done paying 170 00:09:01,400 --> 00:09:08,930 off the loan get my original coins back 171 00:09:05,990 --> 00:09:11,300 from Salt wow this is frickin crazy I 172 00:09:08,930 --> 00:09:18,200 need to know more about this lets me 173 00:09:11,300 --> 00:09:23,020 dive more into this this is interesting 174 00:09:18,200 --> 00:09:27,710 too it's saying that you hold like coin 175 00:09:23,020 --> 00:09:30,620 nem etherium - and you get back fiat 176 00:09:27,710 --> 00:09:34,280 currency oh man this is frickin 177 00:09:30,620 --> 00:09:37,160 incredible it's unbelievable 178 00:09:34,280 --> 00:09:39,440 oh here we go okay here we go let's see 179 00:09:37,160 --> 00:09:42,350 where where they're at here has the salt 180 00:09:39,440 --> 00:09:46,030 platform create a loan okay so none of 181 00:09:42,350 --> 00:09:46,030 this stuff exists you there yet 182 00:09:46,990 --> 00:09:54,050 outstanding balance and says that this 183 00:09:49,310 --> 00:09:58,790 guy this guy outstanding man they 184 00:09:54,050 --> 00:10:02,030 borrowed $20,000 right there outstanding 185 00:09:58,790 --> 00:10:08,210 out amount outstanding twenty thousand 186 00:10:02,030 --> 00:10:11,180 amount do they owe $2,000 on their on 187 00:10:08,210 --> 00:10:14,389 the loan that they borrowed and the next 188 00:10:11,180 --> 00:10:16,970 due date is say June 189 00:10:14,389 --> 00:10:21,110 and the auto payment method is coming 190 00:10:16,970 --> 00:10:22,970 from Wells Fargo and the amount next 191 00:10:21,110 --> 00:10:26,089 payment of that's a very large amount 192 00:10:22,970 --> 00:10:30,379 for the next payment I guess they're not 193 00:10:26,089 --> 00:10:37,189 doing smaller payments there but that's 194 00:10:30,379 --> 00:10:41,480 10% 2,000 is roughly is 10% it's 10% of 195 00:10:37,189 --> 00:10:44,119 this loan right here right so maybe they 196 00:10:41,480 --> 00:10:46,040 broke it in 10% increments Andy can you 197 00:10:44,119 --> 00:10:51,980 control that is another quote it looks 198 00:10:46,040 --> 00:10:55,220 like it look so create a loan and it 199 00:10:51,980 --> 00:11:00,739 says the value of a Bitcoin loan value 200 00:10:55,220 --> 00:11:02,149 is a hundred thousand total amount so 201 00:11:00,739 --> 00:11:07,879 you can actually adjust how much you 202 00:11:02,149 --> 00:11:15,100 want to borrow that's long value say a 203 00:11:07,879 --> 00:11:18,319 hundred thousand dollars collateral 204 00:11:15,100 --> 00:11:20,480 required in Bitcoin will be fifty for 205 00:11:18,319 --> 00:11:27,559 Bitcoin if you wanted a hundred thousand 206 00:11:20,480 --> 00:11:32,689 dollars so and then was that say a 207 00:11:27,559 --> 00:11:34,189 million dollars that million no this is 208 00:11:32,689 --> 00:11:38,329 a hundred thousand so you can you can 209 00:11:34,189 --> 00:11:40,279 borrow up to a million it looks like and 210 00:11:38,329 --> 00:11:41,869 it but in their case the total amount is 211 00:11:40,279 --> 00:11:45,079 gonna be a hundred twenty-five thousand 212 00:11:41,869 --> 00:11:48,019 looks like right here you got a loan 213 00:11:45,079 --> 00:11:51,769 value you got collateral required select 214 00:11:48,019 --> 00:11:55,160 loan duration oh that's dope you can say 215 00:11:51,769 --> 00:11:57,049 okay I want to pay in ten months so then 216 00:11:55,160 --> 00:12:00,199 therefore the interest rate is 10 217 00:11:57,049 --> 00:12:03,879 percent and that's why you would pay 218 00:12:00,199 --> 00:12:08,509 that's ten percent of that and I imagine 219 00:12:03,879 --> 00:12:10,959 well interest rate 10 percent say is 220 00:12:08,509 --> 00:12:10,959 that good 221 00:12:11,110 --> 00:12:16,129 interest rates never good but it's gonna 222 00:12:14,899 --> 00:12:17,809 there's gonna be interested that you 223 00:12:16,129 --> 00:12:20,480 have to make their money somehow right 224 00:12:17,809 --> 00:12:21,889 to maintain the system so understandable 225 00:12:20,480 --> 00:12:23,959 I don't imagine you can change the 226 00:12:21,889 --> 00:12:27,050 interest rate they make that they make 227 00:12:23,959 --> 00:12:30,440 the interest rate you you can select 228 00:12:27,050 --> 00:12:33,650 the duration of the loan they control 229 00:12:30,440 --> 00:12:37,760 this part yeah okay I make sense monthly 230 00:12:33,650 --> 00:12:41,590 payments based on $100,000 ten percent 231 00:12:37,760 --> 00:12:45,460 ten months is gonna be $10,000 per month 232 00:12:41,590 --> 00:12:49,790 that's quite a bit the principal is 233 00:12:45,460 --> 00:12:52,610 gonna be ten thousand and then the 234 00:12:49,790 --> 00:12:54,670 interest is gonna be four hundred 235 00:12:52,610 --> 00:12:56,870 dollars 236 00:12:54,670 --> 00:13:01,490 yeah that's based on the ten percent 237 00:12:56,870 --> 00:13:05,420 interest rate man this is really 238 00:13:01,490 --> 00:13:07,610 incredible this is really great stuff 239 00:13:05,420 --> 00:13:11,120 right here I like I really like this 240 00:13:07,610 --> 00:13:13,430 it's brilliant if man this could really 241 00:13:11,120 --> 00:13:15,670 change lending like totally change 242 00:13:13,430 --> 00:13:18,830 lending you don't have to worry about 243 00:13:15,670 --> 00:13:21,170 going through some freaking shark agency 244 00:13:18,830 --> 00:13:23,450 that they put around port port areas 245 00:13:21,170 --> 00:13:25,550 right if you own just a little bit of 246 00:13:23,450 --> 00:13:27,440 crippled currency you could use this 247 00:13:25,550 --> 00:13:30,020 platform instead of them doing chip 248 00:13:27,440 --> 00:13:31,880 credit checks and looking at how much 249 00:13:30,020 --> 00:13:37,160 money you make and all that kind of 250 00:13:31,880 --> 00:13:40,280 stuff and then if you pay on time you 251 00:13:37,160 --> 00:13:42,740 can get all of your assets back get all 252 00:13:40,280 --> 00:13:45,230 of your cryptocurrency better you can 253 00:13:42,740 --> 00:13:47,840 just let your I mean me somebody like me 254 00:13:45,230 --> 00:13:49,310 who's a holder oh this would be great 255 00:13:47,840 --> 00:13:51,800 for me because I could just put my money 256 00:13:49,310 --> 00:13:53,570 in there I'm not gonna spend it anyway 257 00:13:51,800 --> 00:13:55,670 right cuz I'm I'm waiting for it to blow 258 00:13:53,570 --> 00:13:58,760 up and be way bigger that's why I hold 259 00:13:55,670 --> 00:14:02,690 so I put it in there - say let's say I 260 00:13:58,760 --> 00:14:06,800 have 20 - I put 20 - in there right they 261 00:14:02,690 --> 00:14:09,020 hold it I can get it alone for like 50 262 00:14:06,800 --> 00:14:10,730 grand or something right I wouldn't get 263 00:14:09,020 --> 00:14:14,630 that much but I could get a loan for 50 264 00:14:10,730 --> 00:14:17,240 grand I could set the duration of the 265 00:14:14,630 --> 00:14:19,670 loan so if I didn't want to pay like 50 266 00:14:17,240 --> 00:14:21,110 grand I'd be a lot of month like ten 267 00:14:19,670 --> 00:14:22,640 thousand five thousand dollars a month 268 00:14:21,110 --> 00:14:25,700 so crazy like that I wouldn't want that 269 00:14:22,640 --> 00:14:27,980 four thousand whatever it be I probably 270 00:14:25,700 --> 00:14:33,350 lessen it to weigh less than to wait 271 00:14:27,980 --> 00:14:36,770 less than that anyway anyway so I could 272 00:14:33,350 --> 00:14:38,460 borrow some cash put that cash on 273 00:14:36,770 --> 00:14:41,580 another asset 274 00:14:38,460 --> 00:14:47,220 that I that's projected to grow right 275 00:14:41,580 --> 00:14:48,840 risk the loan money on another asset Wow 276 00:14:47,220 --> 00:14:52,910 this is this has a lot of potential 277 00:14:48,840 --> 00:14:57,750 right here so let's see where they're at 278 00:14:52,910 --> 00:15:00,500 here they are company formation and this 279 00:14:57,750 --> 00:15:04,080 was before fourth quarter 280 00:15:00,500 --> 00:15:07,440 2017 fourth quarter 2017 which is where 281 00:15:04,080 --> 00:15:12,630 we right now launch blockchain backed 282 00:15:07,440 --> 00:15:16,740 lending platform loan collateralized 283 00:15:12,630 --> 00:15:19,880 loan launch Wow so they're about to 284 00:15:16,740 --> 00:15:25,160 launch this for Bitcoin right now a 285 00:15:19,880 --> 00:15:25,160 Bitcoin BTC collateralized loans 286 00:15:25,190 --> 00:15:35,730 launched loan fund cool that's supposed 287 00:15:33,060 --> 00:15:37,800 to be any day now so that's pretty 288 00:15:35,730 --> 00:15:39,020 that's pretty awesome so that that means 289 00:15:37,800 --> 00:15:41,490 that price is gonna shoot up 290 00:15:39,020 --> 00:15:44,580 significantly I need to buy more more 291 00:15:41,490 --> 00:15:50,760 salt first quarter 2018 they're gonna 292 00:15:44,580 --> 00:15:53,720 develop API and dev tools and 1/8 293 00:15:50,760 --> 00:15:56,880 collateral as that collateralized loans 294 00:15:53,720 --> 00:15:59,160 so that's when that's coming early 2018 295 00:15:56,880 --> 00:16:01,260 so based on this this is when I'll be 296 00:15:59,160 --> 00:16:04,760 able to collateralize the the loan that 297 00:16:01,260 --> 00:16:09,360 I have the etherium I have in there and 298 00:16:04,760 --> 00:16:10,820 then second quarter 2018 a launch of 299 00:16:09,360 --> 00:16:13,200 credit cards 300 00:16:10,820 --> 00:16:16,590 Wow so then you'd be able to basically 301 00:16:13,200 --> 00:16:20,070 borrow money put the money on a credit 302 00:16:16,590 --> 00:16:22,650 card use the credit card Visa or 303 00:16:20,070 --> 00:16:24,330 MasterCard or whatever to go and 304 00:16:22,650 --> 00:16:26,240 purchase and do whatever the hell you 305 00:16:24,330 --> 00:16:30,480 want with it 306 00:16:26,240 --> 00:16:35,430 Wow this is freaking this is incredible 307 00:16:30,480 --> 00:16:37,080 guys and then third quarter 2018 they're 308 00:16:35,430 --> 00:16:40,290 gonna use all coins then you'll be able 309 00:16:37,080 --> 00:16:43,860 to do like - and litecoin and and so on 310 00:16:40,290 --> 00:16:47,580 and so forth Wow that explains a lot 311 00:16:43,860 --> 00:16:51,540 all right all corn collateralized 312 00:16:47,580 --> 00:16:54,030 lunch soft platform salt foundation Wow 313 00:16:51,540 --> 00:16:55,770 so that's it guys that's that salt I 314 00:16:54,030 --> 00:16:58,530 would highly recommend getting in on 315 00:16:55,770 --> 00:17:03,950 this one this is still the ground floor 316 00:16:58,530 --> 00:17:06,510 even though it's $10 a piece already 317 00:17:03,950 --> 00:17:09,500 this is a brilliant idea this is these 318 00:17:06,510 --> 00:17:11,790 are the kinds of ideas that I invest in 319 00:17:09,500 --> 00:17:14,490 world-changing potentially 320 00:17:11,790 --> 00:17:17,940 world-changing ideas technologies that 321 00:17:14,490 --> 00:17:21,690 can help Society that can help do things 322 00:17:17,940 --> 00:17:25,230 better financially that is really an 323 00:17:21,690 --> 00:17:27,270 evolution of Finance financial the 324 00:17:25,230 --> 00:17:30,750 financial world real financial 325 00:17:27,270 --> 00:17:33,240 technology is is what I try to invest in 326 00:17:30,750 --> 00:17:34,800 when I put my fiat currency towards a 327 00:17:33,240 --> 00:17:38,070 cryptocurrency this is the kind of thing 328 00:17:34,800 --> 00:17:39,810 that I look for and this is what you 329 00:17:38,070 --> 00:17:44,580 should look for to like revolutionary 330 00:17:39,810 --> 00:17:48,480 ideas that can change everything and 331 00:17:44,580 --> 00:17:51,720 that's it guys check out salt definitely 332 00:17:48,480 --> 00:17:54,780 go ahead and read that that white paper 333 00:17:51,720 --> 00:17:56,160 there that abstract that's talking more 334 00:17:54,780 --> 00:17:58,110 in-depth about everything that's going 335 00:17:56,160 --> 00:18:00,750 I'm definitely gonna do some a little 336 00:17:58,110 --> 00:18:02,820 light reading here it looks very very 337 00:18:00,750 --> 00:18:04,890 interesting I really want to know more 338 00:18:02,820 --> 00:18:07,230 I'm very interested I'm definitely gonna 339 00:18:04,890 --> 00:18:09,300 buy more of this I'm so excited about 340 00:18:07,230 --> 00:18:13,520 this one and I believe it's based here 341 00:18:09,300 --> 00:18:13,520 in Colorado as well see you guys later

▶️ DTube
▶️ IPFS