Honestly,if you check or have read about Bill Barhydt background you'll understand that theres nothing to be surprised about the statement he made about bitcoin before and now. I mean someone who once work at the CIA as a cryptographer, also work for Gold Sachs and also punished for illegal swaps
Topic: Abra CEO and founder Bill Barhydt now sees Bitcoin as a store of value. - page 2. (Read 298 times)
July 17, 2020, 06:58:14 PM
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July 17, 2020, 06:36:12 PM
I see the same thing just like what CZ has been saying about bitcoin. Obviously, Abra is a crypto exchange app so the CEO should really like bitcoin and he could be one of the individuals that are holding not just hundreds but thousands of bitcoin, I have no idea how many he has.
I have never heard a CEO of a crypto exchange saying that bitcoin has no future. In the first place, they got in to crypto business because of what they've seen for bitcoin's potential.
It not every individual that's into bitcoin are in it for the potentials and i can assure 70% are into it for profit but the issue of Abra CEO caught by surprised but i have learnt acouple of years that people can go extra miles just to achieve their own purposes without thinking of the consequences or have affection for those that will be affected.I have never heard a CEO of a crypto exchange saying that bitcoin has no future. In the first place, they got in to crypto business because of what they've seen for bitcoin's potential.
With that been said, we cant know the reason behind his negative statement about BTC but it clearly for selfishness purpose.
July 17, 2020, 03:44:21 PM
I see the same thing just like what CZ has been saying about bitcoin. Obviously, Abra is a crypto exchange app so the CEO should really like bitcoin and he could be one of the individuals that are holding not just hundreds but thousands of bitcoin, I have no idea how many he has.
I have never heard a CEO of a crypto exchange saying that bitcoin has no future. In the first place, they got in to crypto business because of what they've seen for bitcoin's potential.
I have never heard a CEO of a crypto exchange saying that bitcoin has no future. In the first place, they got in to crypto business because of what they've seen for bitcoin's potential.
July 16, 2020, 07:07:31 PM
Having initially been quite sceptical Bill Barhydt has now come out and proclaimed that he agrees on Bitcoin being a store of value by stating that "today Bitcoin is best used as a store of value that will become more and more uncorrelated to traditional investing markets over time".
As more people start to view Bitcoin as a store of value this could arguably gain popularity with the general public and, dare I say it, even boomers.
It's good if you also indicate the source of link where did you get this information and I think you are referring to this recent post of the telegraph. https://cointelegraph.com/news/abra-ceo-agrees-with-bitcoin-s-role-as-digital-goldAs more people start to view Bitcoin as a store of value this could arguably gain popularity with the general public and, dare I say it, even boomers.
This is good news either, even though we had recently bad news regarding Twitter hacking that might lite give discredit to bitcoin reputation and for sure newly investors I guess will misinterpret this what happened now. I hope this will bring into masses and will boom bitcoin by next month. If we will check the market, the bitcoin dominance has been dropped for a while but now we have seen a small resistance.
July 16, 2020, 06:44:37 PM
They'll find it right and sees Bitcoin become valuable in the market as the cashless payment system has been pushed in today's global situation.
They have the name and known to the public already, and citing these lines will actually fuel for growing market demand. They are likely to show and help the market as they also know that they can gain benefits from this.
They are in business institutions, they probably know what could be the best in their business. Adapting to the new system will give them away to become profitable. This is not a market sympathy but truly they know and realize that Bitcoin is a valuable asset in the market.
They have the name and known to the public already, and citing these lines will actually fuel for growing market demand. They are likely to show and help the market as they also know that they can gain benefits from this.
They are in business institutions, they probably know what could be the best in their business. Adapting to the new system will give them away to become profitable. This is not a market sympathy but truly they know and realize that Bitcoin is a valuable asset in the market.
July 16, 2020, 06:26:38 PM
It's obvious that he'll say things along those lines. He's the founder of a cryptocurrency exchange after all. There's no reason for him to go against the very products and services that they offer. Sure, his stance on bitcoin might be vague or somewhat 'cloudy' back then, but for someone who has invested on a tech and not really believing on its potential is utterly nuts. They are now 'realizing' some of the benefits that bitcoin offers, but for sure they have already realized that bitcoin is a great money-maker as evidenced by his cryptoexchange.
Most people would also realize that bitcoin is the 'real-deal' when others are using it, and have made quite a lot from just having it. Even boomers would get enticed by the returns, that's for sure!
Most people would also realize that bitcoin is the 'real-deal' when others are using it, and have made quite a lot from just having it. Even boomers would get enticed by the returns, that's for sure!
Yeah, it might have been a stand he made before he even understood what he was working with, and having learned about the product itself he's maybe come to realize it's not as bad of a thing as he thought.
For OP, haven't you had a friend do a whole 180 about bitcoin once you've told them good things about it? I know I have been able to convince a few people to try bitcoin for the first time, with realistic xepectations of course. Could be something similar to that.
July 16, 2020, 06:11:38 PM
It's obvious that he'll say things along those lines. He's the founder of a cryptocurrency exchange after all. There's no reason for him to go against the very products and services that they offer. Sure, his stance on bitcoin might be vague or somewhat 'cloudy' back then, but for someone who has invested on a tech and not really believing on its potential is utterly nuts. They are now 'realizing' some of the benefits that bitcoin offers, but for sure they have already realized that bitcoin is a great money-maker as evidenced by his cryptoexchange.
Most people would also realize that bitcoin is the 'real-deal' when others are using it, and have made quite a lot from just having it. Even boomers would get enticed by the returns, that's for sure!
Most people would also realize that bitcoin is the 'real-deal' when others are using it, and have made quite a lot from just having it. Even boomers would get enticed by the returns, that's for sure!
True! Because if he does not believe in the first place, why put up his own crypto business? It's been years that Abra is operating, so there's no surprise that finally he openly make a statement towards crypto. It will also attract more users to use his platform if he is visible to the public. So his move will actually bring some potential users on his platform.
July 16, 2020, 06:05:54 PM
It's obvious that he'll say things along those lines. He's the founder of a cryptocurrency exchange after all. There's no reason for him to go against the very products and services that they offer. Sure, his stance on bitcoin might be vague or somewhat 'cloudy' back then, but for someone who has invested on a tech and not really believing on its potential is utterly nuts. They are now 'realizing' some of the benefits that bitcoin offers, but for sure they have already realized that bitcoin is a great money-maker as evidenced by his cryptoexchange.
Most people would also realize that bitcoin is the 'real-deal' when others are using it, and have made quite a lot from just having it. Even boomers would get enticed by the returns, that's for sure!
Most people would also realize that bitcoin is the 'real-deal' when others are using it, and have made quite a lot from just having it. Even boomers would get enticed by the returns, that's for sure!
July 16, 2020, 05:30:54 PM
Having initially been quite sceptical Bill Barhydt has now come out and proclaimed that he agrees on Bitcoin being a store of value by stating that "today Bitcoin is best used as a store of value that will become more and more uncorrelated to traditional investing markets over time".
As more people start to view Bitcoin as a store of value this could arguably gain popularity with the general public and, dare I say it, even boomers.
As more people start to view Bitcoin as a store of value this could arguably gain popularity with the general public and, dare I say it, even boomers.
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