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The Pomp Podcast

Bill Barhydt, Founder & CEO of Abra: Bitcoin and the Future of Asset Transfer

The Pomp Podcast

Anthony Pompliano

Business, Investing

4.81.9K Ratings

🗓️ 20 November 2019

⏱️ 80 minutes

🧾️ Download transcript

Summary

Bill Barhydt is the Founder & CEO of Abra. In this conversation, Bill and Anthony Pompliano discuss Abra's recent announcements, the need for better banking globally, how Bill sees Bitcoin becoming more important in the future, and where he plans to take Abra next. BLOCKFI-----BlockFi allows you to keep your crypto, put it up as collateral, and receive a USD loan funded directly to your bank account. They do loans ranging from $2,000 to $10,000,000, and they're perfect for helping you reach your financial goals of all sizes. Visit BlockFi.com/Pomp to learn more about putting your crypto to work without having to sell it. CRYPTO.COM-----Crypto.com is a pioneering payment and cryptocurrency platform that seeks to accelerate the world's transition to cryptocurrency. With the vision of "cryptocurrency in every wallet", the Crypto.com App offers a full range of financial products with competitive pricing, well designed UX and high security. It is the best place to buy, sell and pay with crypto. COINMINE-----The Coinmine One is like an Xbox that turns your electricity into Bitcoin. You just plug it in, connect to wifi, and tap on the crypto you want. It’s so easy anyone can do it. Everything is controlled from the Coinmine mobile app and the Coinmine keeps getting better with over the air updates that add new coins, features and services to your Coinmine. Visit coinmine.com/pomp to get a Coinmine and earn crypto for powering a new world. ETORO-----This episode of Off the Chain is sponsored by eToro, the smartest crypto trading platform, and one of the largest in the world. Join 11 million other traders and create an account at etoro.com and build your crypto portfolio the smart way.

Transcript

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0:00.0

Whoa. Before we get started, I want to go over the four sponsors for this episode who make all this possible.

0:06.2

They're fantastic, so go show them some love. The first is the best URL in the industry, crypto.com.

0:12.6

They're a crypto platform with one goal, driving mass adoption. That's why we're all here, right?

0:18.1

To get every human on earth a digital wallet and to get them using digital currencies.

0:22.5

Crypto.com is helping people do that through buying, earning, lending, and a new card payment.

0:27.8

Everything you could want is at crypto.com.

0:30.3

They've been longtime supporters of Off the Chain and recently announced a new exchange.

0:34.1

So go help them out, download their app from the app store, or visit crypto.com,

0:38.2

and tell them Palm sent you. There's nothing better in the world than a company helping to drive

0:42.1

global adoption of this new technology. Another part of global adoption is making sure that we

0:47.0

secure the various blockchains with computing power. CoinMine has built the best consumer experience

0:51.4

in mining, hands down, no competition. If you want to help

0:54.7

secure the blockchain and get started in mining, you can go to coinmine.com slash pomp. Order a

0:59.6

coin mine, it'll arrive at your door, and you simply take it out of the box, plug it in,

1:03.6

and connect to your Wi-Fi. You'll be mining your favorite crypto in five minutes or less.

1:07.6

It is honestly magical. I have one running right now here in the office,

1:11.2

and it's super quiet, it's got no heat, and every person that comes in the office asks, what is

1:15.7

that? Every single person asks. It's a coin mine. The best part to me is that the coin mine comes

1:20.7

with a mobile app that's super slick, and the company continues to push over-the-air updates to the

1:24.9

device that add functionality, add tokens that can be mined,

1:28.2

or increase the efficiency of the device. Similar to how Tesla does car software updates over

1:32.8

the air, coin mines sending these passively to thousands of coin mines around the world on a periodic

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