#765 Small Business Converts To Bitcoin Standard w/ Kevin McGarvey

The Pomp Podcast

Anthony Pompliano

Business, Investing

4.8 • 1.9K Ratings

🗓️ 29 December 2021

⏱️ 25 minutes

🔗️ Recording | iTunes | RSS

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Summary

Kevin McGarvey is the Co-Founder & President of All Out Parking Lots. Kevin has built a great 30 person small business and has recently converted to a Bitcoin Standard. They have put Bitcoin on the balance sheet and have started paying out weekly Bitcoin bonuses to employees. This is a fascinating conversation to understand how an entrepreneur of a non-public, non Wall Street backed, company can successfully convert to the Bitcoin Standard to run their business. ======================= My friends at Coin Cloud will give you $50 in FREE Bitcoin when you buy $200 or more at any of their 4,000+ machines. Use promo code POMP to get your free Bitcoin. For details or to find your nearest Coin Cloud machine, visit www.Coin.Cloud/Pomp Coin Cloud has been serving customers since 2014 and has established itself as the world's leading digital currency machine (DCM) operator. More than just a Bitcoin ATM, Coin Cloud machines make it easy to buy and sell Bitcoin and 30+ other digital assets with cash. To find your local ATM and get $50 in free Bitcoin, visit www.Coin.Cloud/Pomp ======================= With 10M+ users, Crypto.com is the easiest place to buy, and sell 100+ cryptocurrencies. The Crypto.com Visa Card gives you up to 8% back instantly, and 100% back on Spotify and Netflix. Also, Crypto.com lets you earn up to 8.5% p.a. on BTC, and 14% p.a. on stablecoins. Get $25 when you download the Crypto.com App with code "pomp". Download the App now: https://crypto.onelink.me/J9Lg/pomppodcast2021 ======================= Ethernity.io: The world’s first authenticated and licensed NFT platform, trusted by over 150,000 members. Digital NFTs and exclusive real-world unlockables, authentic partnerships with athletes and artists. Visit Ethernity.io, where you can buy and sell authenticated NFTs from top notable figures, rights, license, and IP holders you can’t find anywhere else; the start of an entire ecosystem bringing utility to #NFTs. =======================

Transcript

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0:00.0	What's up, everyone? This is Anthony Pompliano. Most of you know me as Pomp. You're listening to the Pomp
0:07.4	podcast, simply the best podcast out there. Now let's kick this thing off. Kevin McGarvey is the co-founder
0:14.1	and president of All-Out parking lots. Kevin's built an awesome small business in America. He
0:20.4	employs about 30 people.
0:21.8	And the most noteworthy thing is that they recently have started to convert to a Bitcoin standard.
0:26.5	That's right.
0:27.1	They put Bitcoin on their balance sheet.
0:28.6	He also pays out weekly Bitcoin bonuses to his employees.
0:32.4	There's a fascinating conversation to understand how a entrepreneur in America,
0:36.2	who doesn't run a publicly traded company nor a large Wall Street bank, has started to adopt and plug their business into the Bitcoin standard.
0:43.6	Before we get into this episode, though, I want to quickly talk about our sponsors.
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1:33.5	Get $25 when you download the crypto.com app today using code pomp. Again, $25 if you go download the crypto.com app today using the code pomp.
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	...

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