Published
5 years ago on
November 06, 2018
For those who don’t know, Bill Barhydt is the CEO of Abra which was founded in Saratoga, California back in 2014. The beta was released in 2015 on iOS and Android and now, users can buy, sell and store 28 digital currencies including Basic Attention Token, Bitcoin, Bitcoin Cash, XRP, Cardano and so on. The Basics of Bitcoin and Cryptocurrency and How to Invest That is the title of the aforementioned article on Goop. the article is essentially a Q&A with Barhydt, covering such questions like What is Bitcoin? And Where can you get it? One of the more interesting questions that Barhydt was asked is if there are common mistakes or misconceptions you see in this investment space. In his answer, Barhydt says:Great piece with @billbarhydt on @goop today https://t.co/cBoeHJ9ts7
— Gwyneth Paltrow (@GwynethPaltrow) November 5, 2018
"There is a massive misconception that crypto is shady. Some of that reputation is based on the fact that it’s a new technology and not widely understood yet. But it’s also because the early days of Bitcoin were filled with all kinds of dramatic activity, like heists, drug rings, and other criminal activity. But now we are moving from a phase where cryptocurrencies were a very niche, technical topic to a phase of more mainstream adoption and use. Big institutional investors and name-brand financial companies are getting involved, which will not only bring more users but also kind of help take a little of the edge off crypto’s Wild West image.â€As stated by CryptoGlobe, this isn’t the first time that the actress has got involved in cryptocurrency.according to a post on Abra published in August this year, Barhydt approach Paltrow to be the advisor to the company when Abra was featured on an episode of Apple’s Music’s ‘Planet of the Apps’. What are your thoughts? Let us know down below!
