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009: Abra Bitcoin App is the WhatsApp of Money with Bill Barhydt
Bill is the CEO and Founder of Abra. What is Abra? Think of it as the “WhatsApp of Money.” A single app available in 200 cities that enables you to send money from your phone to any other phone, anywhere in the world.
Bill has co-founded a long list of Tech startups. He’s also worked for NASA, Goldman Sachs, and was a Senior Director for Netscape – the first commercially successful web browser.
In this episode, Bill and I discuss:
- Why traditional remittance companies like PayPal, Western Union and Venmo are quickly becoming obsolete
- Abra’s secret hedging strategies
- And why the irrational exuberance we’ve seen with ICOs (Initial Coin Offerings), may result in buyer’s remorse