THE HELLO LLC’s Post

Transcript

Hello beautiful people. So today we had amazing room on Wisdom Wednesdays and if you missed it, you missed some great information. Today was my day to share a whole bunch of information about what fintech was. We did a whole Q&A and all of this information that we got to share. If you don't know, we share all about web three things. So that includes a I Fintech, metaverse, robotics, anything within the crypto space or the blockchain a block. Main space, all of that. So that's what we do, you know and what we share with you guys. And today we talked about what is fintech and the questions and answers around what that was. So I wanted to jump out here, share that a little bit with you. If you missed it, you can watch the entire thing. Actually we did, we went live here. So you can actually check that down in our link or on our page and you can also go out to our YouTube page, cash it out there or you can go to the Hello LLC dot IO and check out. Our Metaverse page and watch it out there, but it's the whole interview of what we talked about within Fintech. But I wanted to jump out here to share with you guys that. Most people don't realize they're already utilizing fintech. It is a new word. VIN stands for financial tech, stands for technology. So they put the 2 words together. It's fintech that comes with a hole. That's a whole industry, essentially. And within that, let me just give you some examples of fintech providers that you're probably already utilizing and you don't even know it. So if you're utilizing cash App, Google Pay, PayPal, Stripe, Square. Um Venmo, any of these peer-to-peer payments or payment processors, if you have a business, all of these are fintech applications in the fintech essentially is the management of money. I like to share this little analogy. So all of us remember having a Piggy Bank whenever we were little, at least I do. Our Piggy Bank was last. There was no plug at the bottom. So the only way you could get it out was by you know a butter knife up through the the collection hole that you could have. Shake it upside down, shake the bacon as David said earlier. And so with that, the only way to be able to get our Piggy Bank money out of it was to shake the Piggy Bank back and forth. Well, nowadays we have all these applications that help us manage and save and budget and create you know little savings accounts for funds that we want to utilize for buying a house or whatever it is, right. We have all will have these goals in mind. So essentially it comes down to you. Of financial technology which is already utilized through these applications and with that you're already utilizing it, the management. So that is what Fintech is, it's the management of money. Now someone earlier asked us the question of what is, how is cryptocurrency and Fintech related, Are they related, are they the same thing? What is that? And so cryptocurrency is not Fintech, but it is under under the umbrella of Fintech because it is financial. Technology If it is within the realm of finance and it is based out of technology, it is part of the fin tech technology. Fintech family, sorry, that's the word I was looking for. So you just have to understand that cryptocurrency is actually the currency within blockchain which is underlined within it can be a portion of Fintech. Now Fintech also includes our current monetary systems that we utilize in banking and all of those beautiful things that we utilize credit unions in today's society. So the reason why we had this conversation and we share what it is. Just because we are making a there is a evolution of technology as we see it. That's why we see, you know, blockchain and cryptocurrency that's coming out. But more importantly, our finance system is going to change. And when our finance system changes, it's going to change on a whole entire world level. It is going to be a massive global scale of when it makes the change, and it's going to happen behind the scenes if anybody has ever been a part of systems or rolling out a new system within a company. You know that you can't just introduce the new system out like cold Turkey and you can't cut off the old system cold Turkey. There is a introductory period. There is a phase out period of the old system. There is just a whole period to get people used to it. And so that's why you're already utilizing vintage tech today within these peer-to-peer payments. When I want to send my mom or my brother money or they want to send me money, it's you know, send it through cash app or send it through Venmo or whatever it is. I mean half, half the people today pay, you know, rent if they're renting a place through Venmo or cash app or some sort of payment system like that. So we have to understand we're already utilizing it. You're already hip to the game. So just when you say, ohh, I don't know anything about that technology and all that stuff you do, if you're utilizing these applications, you're already into the game, which is a great thing, but it's also important to understand how it's going to evolve and turn into something. That is going to revolutionize how things are done. And again, we went into deep conversation about all of that today. You can catch that on our YouTube channel, go over to the Hello LC dot on the YouTube Google app or go out to our website or our business in a box of the Hello LLC dot IO. And that'll take you to all of our social media channels and live and allow you to jump into Metaverse. So again, it was a beautiful conversation. It's really important to understand. We're already. Why isn't it? Why it's here, why we're where it's going, how it will evolve and how it will impact you. And essentially it comes down to the simple fact of the impact. The impact it will have on you is, is the time. How fast you'll be able to send money to other places, how fast you'll be able to receive money, how fast you'll be able to, you know, do all of these different transactions through the new financial technologies that are coming down the pipeline. Three evolution. So again, if you missed today's conversation, it was a great one. So jump out there, go check out our YouTube channel or our members. You can join by your cell phone right here. You don't need anything else. You know it be hip to the game in Metaverse with just your phone. So with that said, thanks for being here. Check us tomorrow for a grand opening storefront of Mac Leadership Solutions LLC within our amazing Hello Plaza and that is at 6:30 Eastern Standard Time. And you can again join that by going to be Hello LLC dot IO because click on the button, it'll drop you right in there and you can be able to experience a whole storefront grand opening and be able to see how other people are leveraging Web Three solutions and monetizing them. So with that said, have a beautiful day. Love, kindness and integrity, but most important, consistency and commitment and asset totals.