Another example of how to break down the news and think beyond the box https://abs.twimg.com/emoji/v2/... draggable="false" alt="📺" title="Fernsehen" aria-label="Emoji: Fernsehen">

Here’s why you should probably be paying attention to cryptocurrency and digital payment companies

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In 2017/2018 the JPM CEO and other big bank officials labeled Bitcoin and other cryptocurrencies as a fraud.

But what changed in 2020? https://abs.twimg.com/emoji/v2/... draggable="false" alt="🤔" title="Denkendes Gesicht" aria-label="Emoji: Denkendes Gesicht">
https://abs.twimg.com/emoji/v2/... draggable="false" alt="➡️" title="Pfeil nach rechts" aria-label="Emoji: Pfeil nach rechts">
When you go shopping what do you see at almost every register in the store? https://abs.twimg.com/emoji/v2/... draggable="false" alt="🤔" title="Denkendes Gesicht" aria-label="Emoji: Denkendes Gesicht">

*No Cash Back*
*Cards Only*
*No Coins*

So CC companies like Visa ($V) and MasterCard ($MA) will possibly double over the next 5 years, but what other companies will benefit?

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PayPal ($PYPL) and Square ($SQ) which are digital payment companies will not only benefit due to digital payments, but also from Bitcoin.

In March, $SQ was approved by the FDIC to become a bank.

In October $SQ purchased $50m in Bitcoin.

So banks are getting behind crypto

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With Covid rising again and contactless transactions increasing, the evidence of a cashless society is growing.

Here are some companies that benefit from a cashless society.

Card payments:
$V and $MA

Digital Payments:
$PYPL, $SQ and Bitcoin

But what other companies? https://abs.twimg.com/emoji/v2/... draggable="false" alt="➡️" title="Pfeil nach rechts" aria-label="Emoji: Pfeil nach rechts">
Apple ($AAPL) will benefit due to Apple Pay.

Taiwan Semi Conductors ($TSM) will benefit since it supplies components for the iPhone 12. It manufactures most of the A-series chips in iPhones + iPads and the only manufacturer of the A14 series processors in the iPhone.

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Broadcom ($AVGO) will also benefit.

AVGO supplies chip components for many industries including networking hardware, data center, broadband, wireless, etc.

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Does this also mean big growth for credit card and card reader manufacturers? https://abs.twimg.com/emoji/v2/... draggable="false" alt="🤔" title="Denkendes Gesicht" aria-label="Emoji: Denkendes Gesicht">

Does this also mean big growth for point of sale machine manufacturers? https://abs.twimg.com/emoji/v2/... draggable="false" alt="🤔" title="Denkendes Gesicht" aria-label="Emoji: Denkendes Gesicht">
@StockQueenie @firstgenwealth @iammrzdavis @GINGERSNVPS @Aspire2Gr8 @StockEmpress thoughts? https://abs.twimg.com/emoji/v2/... draggable="false" alt="🤔" title="Denkendes Gesicht" aria-label="Emoji: Denkendes Gesicht">
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