Stablecoin is the phrase that we tend to apply to private companies doing this, like Circle or Tether. Then there's the central bank digital currency, where governments might be looking to issue their own version of what we're calling a stablecoins. And then you can basically create digital tokens that exist on the Ethereum blockchain that aren't fungible with each other. The applications here are endless, probably even bigger than... We could spend a very big time on that conversation.
In this episode, Bill and Peter discuss the basics of crypto, how to get involved in the crypto world, and how the banking system will evolve.
You will learn about:
- 21:09 | The 101 of Cryptocurrency
- 50:51 | Building Confidence In A System That Is Fully On The Internet.
- 1:20:17 | What Will Be The Tipping Point When Crypto Takes Over?
Bill Barhydt is the founder and CEO of Abra, an all-in-one mobile wallet that allows its customers to buy, sell, trade, store, and borrow cryptocurrency. Barhydt is a serial entrepreneur who has worked with NASA, the CIA, and Goldman Sachs.
Learn more about Abra.
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