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