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The Lifestyle Goop brand presents a new guide to investing in cryptocurrency. The online publication has published an interview with Bill Barhydt, CEO of the app for the exchange of cryptocurrency Abra, on the "Foundations of Bitcoin and Criptovaluta". The article is a cryptographic primer intended for ample readers and mainstream Goop readers who have an average household income of $ 100k + year, according to Adweek.
Goop's founder, Gwyneth Paltrow, tweeted the encrypted investment guide on his 2.77 million Twitter followers.
Great piece with @billbarhydt over it @goop today https://t.co/cBoeHJ9ts7
– Gwyneth Paltrow (@GwynethPaltrow) 5 November 2018
Says Barhydt,
"There are thousands of cryptocurrencies and others are being developed and launched every day." Some cryptocurrencies are Bitcoin blockchain versions that are trying to solve other problems, for example, Litecoin is designed to allow faster and cheaper transactions. a coin like Dash is designed with privacy in mind Then there are other cryptocurrencies that are building completely new infrastructures.Ethereum is the second most popular cryptocurrency in terms of network value.There are many ways to measure the value, but the cryptocurrency systems are partly because they are open and distributed networks, and Ethereum is designed as a platform to run decentralized applications and smart contracts, and is used to create new tokens that are distributed via initial tokens (ICO) or token sales.
We are still at the dawn of cryptocurrencies, so it will be interesting to see how this new sector develops ".
Abra allows users to buy, store and invest in 28 cryptocurrencies.
You can read the full interview here.
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Disclaimer: the opinions expressed in The Daily Hodl are not investment advice. Investors should do their due diligence before making high-risk investments in Bitcoin or cryptocurrency. Your transfers and exchanges are at your risk. Any losses you could sustain are your responsibility. Please note that The Daily Hodl participates in affiliate marketing.
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