Stocks to buy during recession | Fly like Tesla Stock | SQ stock analysis video - YouTube

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hi friends wealth is created when major
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problems are solved
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so for example there are many things in
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our daily lives that are pretty
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inconvenient but we kind of getting used
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to it and forgot so for example have you
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ever liked travel to another country so
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one of the things that you need to do
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when you travel is to change money right
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so just the act of changing currency is
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really expensive and most people don't
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know how much money they lose for
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example changing 10,000 u.s. dollars
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will cost you around 250 USD and that's
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a lot by the week we click the like
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button you really helps a lot in the
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channel and really thanks so much for
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the effort so when you think about the
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daily inconvenience of receiving your
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salary in your bank account and also
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with drawing the cash to pay you see
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viruses stick to cash can you imagine
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how many hands that piece of cash went
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through somebody could have not wash his
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hands after like peepee and poopoo and
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touch the cash and after that you hold
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the cash and another sample is about the
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simple act of one thing to buy shares in
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the stock market think about the amount
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of steps it takes to buy a stock when
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you are new to investing can you
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remember all the paperwork that you've
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done and there is like quite stupid
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basically the whole banking and monetary
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policy system sucks so think about this
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if you solve all the problems regarding
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money usage your platform will
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essentially be where all the money will
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be at so you use the same platform to
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receive your salary and pay for a good
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buying to the stop and pay for goods
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overseas there will actually be no more
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reason to take money out of the system
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so Elon Musk envisioned this with PayPal
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nobody liked his idea and kicked him out
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he said it again on a recent podcast
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with row Tesla and I'll put a link below
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the tree if you just offer all the
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things that if you just basically
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address all the reasons why people are
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taking money out of PayPal system so you
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have to provide them with with the
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cheques so that you have a bridge to the
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legacy transaction system
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you gotta probably provide them with a
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debit card provide them with the ability
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to
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get alone and that kind of thing and and
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but these are all ancillary to
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accelerating the velocity and accuracy
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and security of payments then then
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basically pay for review all the money
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is it would just suck all the money out
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of the banks and there wouldn't be the
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banks would go away what Lamaze is
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saying is that if your platform allows
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for businesses to receive and pay money
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customers to receive salary and spend
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anywhere in the world your platform will
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essentially be where all the money is
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and death trillions of dollars this is
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actually happening in China faster than
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you think with reach and on eBay
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eighteen years after Iran mass and
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vision this let me introduce to you this
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guy check dossie a billionaire a CEO of
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Twitter and square also one of the most
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down-to-earth billionaires and people he
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did sounds like another Elon Musk this
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guy is a very interesting guy and his
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journey sounds exactly like what Steve
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Jobs went through Steve Jobs started
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Apple and of fire and Apple start to die
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while of Apple Steve Jobs started Pixar
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studios which was eventually bought over
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by Disney and Apple approached him to
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come back and pay please help Apple and
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he did and Apple such the exact same
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situation happened to Jack Dorsey Jack
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started Twitter you know fire to toe
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spiral downwards while Jack was out he
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started square and Twitter unchecked
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back again and Twitter search upwards so
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they kicked Jack out of Twitter twice
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before and it didn't work so he's back
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for the third time leave him there he's
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doing a good job like Twitter's a really
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tough company to run because it's unique
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and Jack has a very good DNA for unique
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situations being square was the same
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thing he sounds exactly like Steve Jobs
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so now you kind of get a sense of Jack
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Dorsey amazing guy and here's the kicker
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Jack Dorsey is a big big fan of Elon
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Musk
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he has never publicly declared it but I
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know he admires Elon Musk you see
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something I do as a passion is i watch
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for hours and hours of interviews of
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people who interest me and the thing is
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after watching for hours you kind of get
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a sense on who this person is
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I checked everywhere and nobody
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mentioned this so I'll be the first to
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say this Jack Dorsey and Myers Iran Mass
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I agree with you I mean like look at
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look at Tesla you know they're you know
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I I just listened to that the recent
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earnings call and one of the things that
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Ellen said was look there are two
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reasons for Tesla number one is to
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advance you know different sources of
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energy and more renewable sources of
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energy because it's a fundamental and
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existential crisis that's facing all
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humanity and number two is to advance
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autonomy because it'll save lives and
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give people time back Josie even got you
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know must to be part of the tweet the
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employee conference call asking for
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suggestions
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[Applause]
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it's much more examples but you kind of
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get my point
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Jett looks up to Iran and this is where
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square comes in I'm pretty sure I'll be
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the first one to say this Jack Dorsey is
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going to do what Elon Musk's wanted to
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do 18 years ago people and you can very
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much see what Jack Dorsey is trying to
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do if Jack Dorsey is successful the
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whole banking industry will be disrupted
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as I'm making this video cash app which
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is owned by square the user growth is
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twice of vien more you can use cash for
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payments transfer of money between
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friends die stops and Bitcoin no effects
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charges between US and UK there are
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literally solving every problem they are
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even taking on banks with financial
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loans I have a lot to talk about square
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but this video is my introduction to you
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about square so concluding this video
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you understand Jack Dorsey much better
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as a person he has the genius of Steve
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Jobs the literally went through the same
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path and Jack has the passion of Elon
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Musk
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Square will disrupt and is disrupting
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the entire financial sector just like
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Tesla when they first started banks
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credit cards Visa MasterCard brokerages
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are starting to face major destructions
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this is y square is part of my top 3 in
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my portfolio so again thanks to those
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who helped me click the like button I
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hope you find this video really
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interesting and insightful remember to
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invest see
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