Christmas Crypto Blues

Episode Four of the Safe Crypto Show



Safe Crypto Show S01E04



NEWS SEGMENT -- “The Christmas crypto blues”

We’ve had a rough ride the past two weeks with profit taking and consolidation bears dominating. A few days ago the market began to recover but yesterday was blindsided by news that the South Korean government is looking to crack down even more on trading, possibly allowing regulators to shut down exchanges. Given the massive investment into cryptocurrency by South Korean’s as well as the huge runup in prices the last couple of months, it seems inevitable that we will see more backlash from governments who are very worried that their own fiat currencies may come under threat in coming years if they do nothing to curb people’s enthusiasm. Links:

https://www.rt.com/business/414452-bitcoin-slips-south-korea-shutdown/

https://news.bitcoin.com/31-of-south-korean-workers-are-cryptocurrency-investors/



ICO SEGMENT -- This weeks spotlight is on two ICO’s:

Bee Token, & BelugaPay. We won’t be going into great detail, so please follow the links in the shownotes for more information & detail if you are interested in these projects.

Hosts of this show, the Safe Crypto show are not being paid or otherwise compensated for these reviews, nor do we own any tokens of these ICO’s as of the time of this recording.

Beenest is the company behind Bee Token

Beenest is attempting to create a low cost decentralized protocol and application which allows property owners to contract with guests and renters without either party incurring a substantial fee for the service as with similar centralized services.

Beenest has a solid team behind it, with members from tech companies like Uber, Facebook, and Google.

They have a detailed white paper that gives both technical details of the decentralized system they are building along with a business and marketing plan.

I believe that the Bee Token will be an excellent ICO sale short term investment suitable for flipping.

Detailed review by Crush Crypto:  https://www.youtube.com/watch?v=c3LO_nao2u8

Crush Crypto Analysis page: https://crushcrypto.com/analysis-of-bee-token/

BelugaPay is a Point of Sale system that allows merchants to accept, not just credit cards, but also crypto-currency as a means of payment. Hence it is an all-in-one solution for payments

BelugaPay is already a live working product/system

Here’s an example of someone paying with crypto at a service station: https://www.youtube.com/watch?v=VZAYnkR3VbQ

BelugaPay shares a percentage of fees earned with Token holders.

The BelugaPay team has in the past created a white-label solution for the DuPont Corporation, so they appear experienced and knowledgeable in this area of expertise.

I am interested in the ICO and in their product. In my own business we use a point of sale system for customers to use their credit or bank cards to pay for items and BelugaPay would give our customers the ability to pay with crypto - while this isn’t currently a ‘demanded’ payment method, I personally would like to advertise that we take cryptocurrency to help increase social awareness. Aside from myself however, I could see this being really useful in developing countries where local currencies lack stability. Overall I think this could be both a great token for flipping and long term holding.

CryptoVerse sponsored review:  https://www.youtube.com/watch?v=MKcc-9iRSyU