Sept. 15, 2021

Crypto? Not Just An Investment but More So a Versatile Tool!

Crypto?  Not Just An Investment but More So a Versatile Tool!
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Crypto?  Not Just An Investment but More So a Versatile Tool!
I remember when I was a young man there was a song entitled, “This Is The Dawning Of The Age of Aquarius”. That song did not have that much meaning to me back then because for all intents and purposes it was not really in the realm of the 70’s Rock Revolution that I grew up within and enjoyed immensely as a “Baby Boomer”. Now in the twilight of my years remaining to me that song has an even greater meaning because it was I believe a prelude to a word we are now beginning to hear more and more and that word is RESET. In January of 2021, the then principal of Pay Pal, Elon Musk made an announcement to well over 26 million small business merchants globally that Pay Pal would begin to accept Bitcoin, a Crypto Currency as it is better known, a form of payment for goods and services. This was the first move of that payment platforms to authorize a digital currency as legal tender for the entire world’s commerce. This sent shockwaves through the banking industry as a whole because they were caught completely off guard with such a radical move as for the most part they had been dragging their feet and assuming that digital currency such as Bitcoin and soon Ethereum would be a passing fad and that the buying public would soon regain their senses and return to THEIR realm of currency and payments. Such is NOT the case today because another advent of “Alternative Coins/Tokens” has arisen and now there are literally hundreds if not thousands of digital currency offerings all vying to become the next Bitcoin or even beyond Bitcoin. Sooner or later with this onslaught of digital money transfer, management of this emerging juggernaut of payments has to occur, otherwise you could seemingly have a realm of “Chaos” in the midst of an idea whose time, like the song above has come to the minds and the acceptance of the buying public, who due to world economic failures and current monetary challenges are rallying to the call of the wild so to speak and now investing little or much into this volatile choice of growth and payments and the legitimization is now beginning to settle in that this is NOT going away anytime soon. My guest today has come up with a technological marvel that will not only manage digital currencies but bring a form of convenience and execution that will revolutionize small businesses worldwide! Small Business needs many avenue’s of payments for their products and services and with the rising costs of merchant processing fees on the horizon, these additional sources must be investigated immediately. Steven Hoffman, CEO of Newt has come up with a mechanism that will not only bring CONVENIENCE to your CUSTOMERS, a smile to your face but also revenue to your cash registers and Corporate Coffers. So needed today, would you not agree?