kleptoquark: (Default)
kleptoquark ([personal profile] kleptoquark) wrote2019-03-01 10:10 pm
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the user-facing approach to change of government

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Muscle Acoustics, a blockchain startup that is building a different kind of blockchain for money, is announcing that it plans to acquire the US based company NuGet.

Muscle Acoustics recently announced that it plans to buy U.S.-based NuGet for $25 billion. The purchase entails acquiring NuGet's blockchain software and assets.

Muscle Acoustics CEO Scott Perlow says that the acquisition will not only be a financial transaction but also a brand recognition campaign through the development of a new e-commerce platform for money.

"We see this as the user-facing approach to change of government," he said. "Our model works for money and there's a lot of sophisticated people out there doing it around the world, and one of the opportunities we're seeing is with the bitcoin and other payment technologies, the blockchain. And we're bringing that to the attention of the government and the other world banks that don't understand the transaction. This is the central planning and policy of the government and banks that they are supporting."

Muscle Acoustics' plan to acquire NuGet is not directly related to the sale of blockchain technology by any means.

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