{"id":13695,"date":"2015-03-08T01:55:17","date_gmt":"2015-03-08T09:55:17","guid":{"rendered":"http:\/\/lifeboat.com\/blog\/?p=13695"},"modified":"2015-03-08T01:55:17","modified_gmt":"2015-03-08T09:55:17","slug":"could-abra-be-bitcoins-killer-app","status":"publish","type":"post","link":"https:\/\/lifeboat.com\/blog\/2015\/03\/could-abra-be-bitcoins-killer-app","title":{"rendered":"Could Abra be Bitcoin\u2019s \u201cKiller App\u201d?"},"content":{"rendered":"<p>Quoted: \u201cAt the event, CEO Bill Barhydt said: \u201cOur mission with Abra is to turn every smartphone into a teller that processes withdrawals. This is not just another bitcoin app. The wallet is a full-fledged digital asset management system, and you don\u2019t have to understand it.\u201d<\/p>\n<p>Use of the application is straightforward and relies on a network of people around the world who act as tellers, charging small fees to help people transfer money abroad. A user can deposit funds into his or her account using a debit card or by meeting up with a teller in person and handing them cash. Then those funds can be instantly \u2014 the power of Bitcoin \u2014 transferred anywhere in the world. The person receiving the money has only to find a teller, show that he or she is the recipient of the funds, and exchange the digital cash (denominated in USD) back for their local currency.\u201d<\/p>\n<p>Read the article here &gt; <a href=\"https:\/\/bitcoinmagazine.com\/19490\/abra-announced-launch-festival-2015-seamless-remittances-powered-bitcoin\/\">https:\/\/bitcoinmagazine.com\/19490\/abra-announced-launch-fest\u2026d-bitcoin\/<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Quoted: \u201cAt the event, CEO Bill Barhydt said: \u201cOur mission with Abra is to turn every smartphone into a teller that processes withdrawals. This is not just another bitcoin app. The wallet is a full-fledged digital asset management system, and you don\u2019t have to understand it.\u201d Use of the application is straightforward and relies on [\u2026]<\/p>\n","protected":false},"author":342,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1318,43,1761,1528,39,45,1522],"tags":[],"class_list":["post-13695","post","type-post","status-publish","format-standard","hentry","category-bitcoin","category-business","category-cryptocurrencies","category-disruptive-technology","category-economics","category-finance","category-innovation"],"_links":{"self":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/13695","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/users\/342"}],"replies":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/comments?post=13695"}],"version-history":[{"count":0,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/13695\/revisions"}],"wp:attachment":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/media?parent=13695"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/categories?post=13695"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/tags?post=13695"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}