Bill Barhydt Profile picture
CEO @AbraGlobal. Financial freedom, Leadership and Life hacks #Bitcoin Hodler. Past lives: NASA, Goldman, Netscape
Mar 10, 2023 5 tweets 2 min read
Not a great day to be a bank in the United States.

There is now widespread fear, if not yet panic, over bond market losses at all mid sized US banks. What exactly is happening?

Basic fact: banks hold less than 1% of liabilities (ie your deposits) as physical cash.🧵 Banks are over exposed to bonds. That is problematic in a market with rising rates such as 2022-23. Rising rates means falling bond prices. In a liquidity crunch you sell bonds at a loss. Someone has to cover the loss: shareholders, clients, tax payers.. or the bank goes bust. /2
Jun 10, 2022 4 tweets 3 min read
BIG NEWS Today @AbraGlobal Fans...

1. The Abra Crypto Card on the American Express Network

2. The Abra NFT service for one click buying, selling, sharing NFTs without leaving the Abra App

3. There's more!! 🧵...

abra.com/crypto-card-wa…

#Bitcoin #CPRX 1. Abra Crypto Card on the American Express Network

Super excited to be launching a new type of credit card to the US market that pays rewards in crypto on any purchase

Amex benefits include merchant offers, purchase protection and special access events

abra.com/crypto-card-wa…
May 16, 2022 7 tweets 1 min read
Is an algorithmic stablecoin even possible? Let’s take a look. 🧵👇🏽 Single biggest issue with algo stablecoins is that synthetic assets based on unproven collateral are a really bad idea.
Jan 3, 2021 4 tweets 3 min read
As #Bitcoin turns 12 I have to pay homage to what looks like one of the best price setups I've seen in my entire investing life. $500k Bitcoin now seems reasonable to many.

Thanks @RaoulGMI for sharing. Your analysis seems spot on as always. 1/4 Image #Bitcoin is growing exponentially with network effects that the world has never seen in a financial product before. Humans often struggle with exponential thinking until it's too late. Ask @PeterDiamandis and @TonyRobbins 2/4
Oct 6, 2020 12 tweets 4 min read
I’ve never been this excited about the potential of #Bitcoin for significant price appreciation in the short term (less than 18 month time frame.)

Why? Read on... First the technicals...

As a hard asset with a stock to flow that will approach infinity #Bitcoin is the perfect hedge against inflation.
Oct 1, 2020 20 tweets 3 min read
On Bitmex/CFTC/DOJ... Discussions all over the place. Let me consolidate everything here in this thread... CFTC knows very well Bitmex blocks US IP addresses. They also know there is no KYC/CIP and any VPN gets around this.
Sep 28, 2020 5 tweets 1 min read
1. Clear evidence of fraud by Trump. We now know exactly why he didn’t want his tax returns released. I would not be surprised to see him do a deal with the southern district of ny to avoid jail time for tax fraud after leaving office. nytimes.com/interactive/20… 2. The fraud is clear. You can not claim a complete write off of an abandoned business if you get something back from bankruptcy. Trump wrote off $700m (resulting a refund worth $100m in today’s dollars) but then got a piece of the casinos out of bankruptcy. That’s fraud.
Sep 10, 2020 4 tweets 2 min read
I'm in a giving mood.

So I'll give away $200 worth of any crypto supported by @AbraGlobal to 1 follower!

1. You must be registered as a user on Abra
2. You must follow me and RT this message
3. You must respond with which crypto you want to receive

#Bitcoin #Crypto At midnight on Sunday (PST) I'll take all the responses and randomly choose one winner.
May 27, 2020 4 tweets 2 min read
Wow. @GoldmanSachs report this morning is super bearish on Bitcoin. Reads like @Nouriel wrote it.

My entire newsletter today will be dedicated to responding and debunking this ridiculous report. Read and vomit. @GoldmanSachs on #bitcoin resources.goldman.com/content/dam/pw…
Jan 9, 2020 5 tweets 2 min read
“This is a feature of physical cash that payment cards and apps do not have: freedom.” technologyreview.com/s/614998/an-el… “The digits in your bank account, ... refer to what your bank owes you. When you go to an ATM, you are effectively converting the bank’s promise to pay into a government promise.”
Jul 12, 2019 4 tweets 1 min read
I'm buying more Bitcoin right now. This will completely legitimize bitcoin's existence for millions of people.
Jun 28, 2019 4 tweets 1 min read
Just held our first ever @AbraGlobal press conference in the Philippines. The PH has gone crypto crazy. Great to see the press catch up to the people!! finder.com/abra-cryptocur… Abra usage in the Philippines is mostly in cash via our large and growing network of Abra Tellers.
Mar 29, 2019 4 tweets 3 min read
Looks like I’m now the Lightning Torch bearer.

Thanks @SatoshiLite for your confidence and of course for your contributions to Bitcoin and Litecoin.

Who should I pass this to and why?

#LNTrustChain
CC
@starkness
@tdryja
@NickSzabo4
@jcp
@jack I will be passing the torch this morning ( California time ) please send your 4.11M Satoshi invoices asap!