William Toth: Institutions are an Impediment to Innovation

William “Institutions are standing in the way of innovation and that is a big problem,” William Toth stated in a recent interview. “How many of you use Facebook photos, Google Photos, or Instagram? My photos are everywhere. They are on my phone, my laptop, on my old phone, and they are in Dropbox. My photos are on all these different websites and services. The problem is, most of these services do not work together. They don’t inter-operate, and as a result, my photo library is a mess.”

The same thing happens when institutions control the money supply, William Toth explains. Many of these services do not inter-operate, and as a result, this blocks what we can do with sending and receiving payments. “It makes transaction costs go up,” Mr. Toth stated. “So far, we have been through two major phases of money. In our former analog world, we had to deal with these physical objects, and money moved at a certain speed…the speed of humans.” William Toth continues, “In a digital world, money can reach much farther and significantly faster. However, we are still at the mercy of these gatekeeper institutions. Until that changes, institutions will continue to be an impediment to innovation.”

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William Toth: Giving Back to Others

William Toth is a successful entrepreneur with Bartercard USA and bucqi USA. He has decades of experience and has owned/grown/sold numerous thriving endeavors. He graduated from the State University of New York College at Buffalo in 1992, and he was the first member of his family to do so. His experience dates to his childhood when he became fascinated with personal improvement materials and soon found his love of entrepreneurship.

When William Toth is away from work, he enjoys relaxing with his family. He also devotes time to pro bono work as part of his efforts to give back to others, and he enjoys volunteering for causes he believes in.

To learn more about where William Toth’s thriving career as a check out his LinkedIn profile at www.linkedin.com/in/billtoth3.

William Toth: Record of Success

William Toth is a successful entrepreneur whose positive track record dates back decades. He’s passionate about professional pursuits, and he’s helped numerous businesses grow, turnaround and sell throughout his career. Today, he’s focused on his endeavors as a Bartercard USA and bucqi USA franchisee, and he’s quickly expanding both businesses.

Before William Toth hit his teens, he found his lifelong love for entrepreneurship as a student of personal development. His first endeavor launched at age twelve, and he was receiving awards for professional success by age seventeen. In 1992, he also became the first member of his family to graduate from college.

To learn more about where William Toth’s thriving career as a check out his LinkedIn profile at www.linkedin.com/in/billtoth3.