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Gwyneth Paltrow, Hollywood’s Latest Convert to Bitcoin
It is one of the more unusual tweets that one might come across on Twitter. Yesterday, Gwyneth Paltrow sent out a tweet to her 2.8 million followers linking to an article – hosted on her own company’s website – which carries the title “The Basics of Bitcoin and Cryptocurrency”.
Great piece with @billbarhydt on @goop today https://t.co/cBoeHJ9ts7
— Gwyneth Paltrow (@GwynethPaltrow) November 5, 2018
So is Paltrow now the latest celebrity espousing the benefits of a decentralised monetary system? That we don’t know, although Paltrow does act as advisor to the Abra ICO, a project which is setting out to create a broad range of services which simplify access to cryptocurrencies.
One aspect of the Abra project is a smart phone app that allows users to create an account linked to their credit card which in turn provides access to – along with wallet management services for – just over two dozen leading cryptocurrencies, including Bitcoin, Ethereum, Ripple and Litecoin.
It is thought that the 46 year-old actress approached the Abra team to propose a business partnership earlier in the year, after having been impressed by a presentation of its project during an episode of Planet of the Apps.
It is not clear, however, if Paltrow negotiated her rate in fiat or project native token.