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Confidence is quickly eroding in the crypto sector. But, Didi Taihuttu, his wife, three daughters, and Teddy, a Pomeranian puppy, are as confident as ever in their bet on Bitcoin — they're just changing how they store it.
The Bitcoin Family have safeguarded their crypto riches in three main places: centralized exchanges (CEXs) like Bybit and Kraken, decentralized exchanges (DEXs) like Uniswap, and hardware wallets hidden in secret vaults on four different continents.
But as digital asset brokers, lenders and exchanges continue to fall into bankruptcy — locking up customer funds in the process — the Dutch family of five is proactively moving $1 million in crypto into decentralized exchanges, which allow users to hang on to custody of their tokens.
"For me, bitcoin is still about freedom, and decentralized currency should be able to be used by everyone in the world without needing to do KYC or any other regulatory stuff," Didi said.
DEXs don't require users to connect an ID or bank account to the platform, hence making it an ideal custody solution for the Taihuttus.
While the family did not have any tokens tied up with FTX, Celsius, Voyager Digital, or any of the other platforms to recently go under, in crypto, one of the mantras is "not your keys, not your coins," meaning that rightful possession of tokens comes through the custody of the corresponding private keys.
The Dutch father of three had learned his lesson in 2017, when he lost four bitcoin to a hack of a centralized exchange known as Cryptopia. "From that moment, I was always searching for alternatives," he explained.
“For me, bitcoin is still doing perfect and still doing what it always does: Being a decentralized currency that is usable by all people all over the world."
#regulatory6 #connector0 #bulletins #regulatory5 #connector4 #alternatives2 #connector3 #pomeranian9 #pomeranian #pomeranian8 #centralized6 #pomeranian7 #alternatives1 #cryptopia0 #connector9 #alternatives0 #centralized5 #pomeranian6 #regulatory4 #centralized4 #pomeranian5 #regulatory3 #centralized #centralized3 #regulatory2 #cryptopia1 #connector8 #regulatory #pomeranian4 #pomeranian3 #currency #centralized2 #connector7 #centralized1 #centralized0 #alternatives9 #connector2 #pomeranian2 #alternatives8 #regulatory1 #cryptopia #alternatives #regulatory0 #centralized9 #centralized8 #alternatives7 #alternatives6 #cryptowinter #alternatives5 #connector6 #pomeranian1 #pomeranian0 #alternatives4 #alternatives3 #regulatory9 #connector1 #regulatory8 #vertical #centralized7 #regulatory7 #connector5 #connector
The Bitcoin Family have safeguarded their crypto riches in three main places: centralized exchanges (CEXs) like Bybit and Kraken, decentralized exchanges (DEXs) like Uniswap, and hardware wallets hidden in secret vaults on four different continents.
But as digital asset brokers, lenders and exchanges continue to fall into bankruptcy — locking up customer funds in the process — the Dutch family of five is proactively moving $1 million in crypto into decentralized exchanges, which allow users to hang on to custody of their tokens.
"For me, bitcoin is still about freedom, and decentralized currency should be able to be used by everyone in the world without needing to do KYC or any other regulatory stuff," Didi said.
DEXs don't require users to connect an ID or bank account to the platform, hence making it an ideal custody solution for the Taihuttus.
While the family did not have any tokens tied up with FTX, Celsius, Voyager Digital, or any of the other platforms to recently go under, in crypto, one of the mantras is "not your keys, not your coins," meaning that rightful possession of tokens comes through the custody of the corresponding private keys.
The Dutch father of three had learned his lesson in 2017, when he lost four bitcoin to a hack of a centralized exchange known as Cryptopia. "From that moment, I was always searching for alternatives," he explained.
“For me, bitcoin is still doing perfect and still doing what it always does: Being a decentralized currency that is usable by all people all over the world."
#regulatory6 #connector0 #bulletins #regulatory5 #connector4 #alternatives2 #connector3 #pomeranian9 #pomeranian #pomeranian8 #centralized6 #pomeranian7 #alternatives1 #cryptopia0 #connector9 #alternatives0 #centralized5 #pomeranian6 #regulatory4 #centralized4 #pomeranian5 #regulatory3 #centralized #centralized3 #regulatory2 #cryptopia1 #connector8 #regulatory #pomeranian4 #pomeranian3 #currency #centralized2 #connector7 #centralized1 #centralized0 #alternatives9 #connector2 #pomeranian2 #alternatives8 #regulatory1 #cryptopia #alternatives #regulatory0 #centralized9 #centralized8 #alternatives7 #alternatives6 #cryptowinter #alternatives5 #connector6 #pomeranian1 #pomeranian0 #alternatives4 #alternatives3 #regulatory9 #connector1 #regulatory8 #vertical #centralized7 #regulatory7 #connector5 #connector
1 comment
Angel L.
Dec 2, 2022 -10:33AM
Thanks for these short and insightful clips Bruce.
Apple Blocks Coinbase Wallet App From Sending NFTs Due To In-App Purchase Dispute
NFT and cryptocurrency app Coinbase Wallet today said that Apple required an NFT-sending feature to be removed from the app due to an in-app purchase dispute.
Apple's App Store review team reportedly told Coinbase that the "gas fees required to send NFTs need to be paid through in-app purchase."
Apple wanted a percentage of the transactions. Coinbase Wallet replied Apple is asking for something that is not possible, because the in-app purchase system does not support cryptocurrency tokens.
Coinbase Wallet says that Apple would not approve an app update until the NFT-sending feature was disabled.
The removal of the functionality will make it more difficult for iPhone users who have an NFT to transfer the NFT to other wallets or gift an NFT to friends or family.
Developers behind the app say that Apple has introduced profit-protecting policies that come at the expense of "developer innovation across the crypto ecosystem."
Coinbase Wallet is hoping that this is a mistake and has tweeted an invitation to Apple to discuss the matter.
#confidential1 #confidential6 #bulletins #confidential5 #cryptocurrency6 #confidential0 #nonfungibletoken #sponsorship4 #confidential4 #cryptocurrency5 #innovation #cryptocurrency4 #functionality9 #cryptocurrency #sponsorship3 #cryptocurrency3 #functionality4 #functionality8 #cryptocurrency2 #sponsorship2 #functionality3 #cryptocurrency1 #functionality #sponsorship0 #functionality7 #functionality2 #confidential9 #functionality1 #functionality0 #invitation #cryptocurrency9 #functionality6 #protecting #cryptocurrency0 #cryptocurrency8 #functionality5 #confidential3 #confidential2 #cryptocurrency7 #confidential #sponsorship1 #confidential8 #confidential7 #sponsors #sponsorship
NFT and cryptocurrency app Coinbase Wallet today said that Apple required an NFT-sending feature to be removed from the app due to an in-app purchase dispute.
Apple's App Store review team reportedly told Coinbase that the "gas fees required to send NFTs need to be paid through in-app purchase."
Apple wanted a percentage of the transactions. Coinbase Wallet replied Apple is asking for something that is not possible, because the in-app purchase system does not support cryptocurrency tokens.
Coinbase Wallet says that Apple would not approve an app update until the NFT-sending feature was disabled.
The removal of the functionality will make it more difficult for iPhone users who have an NFT to transfer the NFT to other wallets or gift an NFT to friends or family.
Developers behind the app say that Apple has introduced profit-protecting policies that come at the expense of "developer innovation across the crypto ecosystem."
Coinbase Wallet is hoping that this is a mistake and has tweeted an invitation to Apple to discuss the matter.
#confidential1 #confidential6 #bulletins #confidential5 #cryptocurrency6 #confidential0 #nonfungibletoken #sponsorship4 #confidential4 #cryptocurrency5 #innovation #cryptocurrency4 #functionality9 #cryptocurrency #sponsorship3 #cryptocurrency3 #functionality4 #functionality8 #cryptocurrency2 #sponsorship2 #functionality3 #cryptocurrency1 #functionality #sponsorship0 #functionality7 #functionality2 #confidential9 #functionality1 #functionality0 #invitation #cryptocurrency9 #functionality6 #protecting #cryptocurrency0 #cryptocurrency8 #functionality5 #confidential3 #confidential2 #cryptocurrency7 #confidential #sponsorship1 #confidential8 #confidential7 #sponsors #sponsorship
The U. S. Market Talent Expansion for FinTechs
As the opportunities for FinTechs grow in the United States, whether companies launch or expand into this market, there is a need to understand both the opportunities and challenges faced by FinTechs to source and identify new talent. Zeren Global has deep knowledge in the area and will share an overview of how FinTechs are sourcing new talent in this webinar. The objective of the webinar will accomplish the following:
Overview of the current U.S. market for venture capital-backed FinTech companiesChallenges companies face when entering the U.S. marketOverview of the U.S. expansion process look like in the next few yearsThe process involved to hire your first U.S.-based employee.
The main objective of the webinar is to provide attendees of a general overview of the U.S. Fintech talent market and identify future prospects and opportunities.
As the opportunities for FinTechs grow in the United States, whether companies launch or expand into this market, there is a need to understand both the opportunities and challenges faced by FinTechs to source and identify new talent. Zeren Global has deep knowledge in the area and will share an overview of how FinTechs are sourcing new talent in this webinar. The objective of the webinar will accomplish the following:
Overview of the current U.S. market for venture capital-backed FinTech companiesChallenges companies face when entering the U.S. marketOverview of the U.S. expansion process look like in the next few yearsThe process involved to hire your first U.S.-based employee.
The main objective of the webinar is to provide attendees of a general overview of the U.S. Fintech talent market and identify future prospects and opportunities.
2 comments
Josephine C.
Dec 6, 2022 -11:22AM
Cool! How do we RSVP?
Angel L.
Dec 2, 2022 -10:23AM
Sounds like an interesting event. Thanks for sharing Jonathan Pina and Wayne Brown
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:quality(70)/d1t2f78qo6hdah.cloudfront.net/10-01-2022/t_9754387774c64f17897b0689e7633860_name_file_960x540_1600_v4_.jpg)
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Master C.
Jan 8, 2023
We are looking for the best of the best from our members to join our Premier Master Enabler Program. Focusing right now on International Expansion and New Market Entry professionals for Europe, Latin America, and the USA. Interested in learning more message Master Connector here or email - masterenabler@fintechconnector.com
Upvoted by Johannes and 11 others
Upvoted by 12
1 comment
Master C.
Aug 9, 2022
Meet our FinTech Connector Switzerland Cruise sponsors on September 9th in Zurich.
Lloyd's & Partners (VIP Gold Sponsor) and VISA Europe (Premier Sponsor).
We want to thank Lucas T. Landolt (Lloyd's & Partners), Adrian Burgi (Lloyd's & Partners) and Santosh Ritter (VISA) for your support and we look forward to meeting you in Zurich.
There is still time to RSVP for our premier event of the year - https://www.eventbrite.com/e/fintech-connector-switzerland-networking-lunch-cruise-vip-dinner-registration-239437362597
Thank you Fabian Lehner for organizing this event for our FinTech Connector members and partners.
#FinTechConnector #Switzerland #Zurich #Event
Lloyd's & Partners (VIP Gold Sponsor) and VISA Europe (Premier Sponsor).
We want to thank Lucas T. Landolt (Lloyd's & Partners), Adrian Burgi (Lloyd's & Partners) and Santosh Ritter (VISA) for your support and we look forward to meeting you in Zurich.
There is still time to RSVP for our premier event of the year - https://www.eventbrite.com/e/fintech-connector-switzerland-networking-lunch-cruise-vip-dinner-registration-239437362597
Thank you Fabian Lehner for organizing this event for our FinTech Connector members and partners.
#FinTechConnector #Switzerland #Zurich #Event
Upvoted by Greg and 8 others
Upvoted by 9
5 comments
Master C.
Jun 17, 2022
As the global economic environment is shifting, now more than ever partnering with the right organizations to increase business opportunities, focus on revenue growth, and drive innovation is critically important.
We can help you on your fintech and innovation journey.
Click on the link to learn more and let's jump on a call to discuss your business objective - https://www.fintechconnector.com/organizations
#FinTechConnector #Innovation #Partnerships #BusinessDevelopment
We can help you on your fintech and innovation journey.
Click on the link to learn more and let's jump on a call to discuss your business objective - https://www.fintechconnector.com/organizations
#FinTechConnector #Innovation #Partnerships #BusinessDevelopment
Upvoted by Brian and 4 others
Upvoted by 5
3 comments
Angel L.
Jan 11, 2023
I wrote an article that highlights the opportunities and challenges of digital transformation in banking and covers points on having a well-thought-out plan, organizational culture, and how to get started with partners that have done it already.
Click to read the article - https://www.fintechconnector.com/blog-actual/2023/1/9/innovating-banks-start-with-a-digital-transformation-plan
Sharing with our Financial Service Automators - Vikas Bansal Erik Gillet Darrell Wright Luisa Franco Batu Sat Simon Weifenbach Les Riedl Andy Lin Jenna Chamra Craig Schwartz Robert Lacoursière Michael Montecuollo Jonathan Blessing Christin Nagel Shweta Mahajan Michael Young Martina Rousseau Ridham Modi Trena Blair Jen Gonzalez Carlos M. Mendes
Click to read the article - https://www.fintechconnector.com/blog-actual/2023/1/9/innovating-banks-start-with-a-digital-transformation-plan
Sharing with our Financial Service Automators - Vikas Bansal Erik Gillet Darrell Wright Luisa Franco Batu Sat Simon Weifenbach Les Riedl Andy Lin Jenna Chamra Craig Schwartz Robert Lacoursière Michael Montecuollo Jonathan Blessing Christin Nagel Shweta Mahajan Michael Young Martina Rousseau Ridham Modi Trena Blair Jen Gonzalez Carlos M. Mendes
Upvoted by Ridham and 14 others
Upvoted by 15
3 comments
Stephen W.
Mar 18, 2022
See our recent WealthTech 2022 report for a range of viewpoints and thinking on the main trends for WealthTech in 2021/2022.
https://www.thewealthmosaic.com/vendors/the-wealth-mosaic/news/wealthtech-2022-is-live/
This is one of an expanding number of reports we've created at The Wealth Mosaic on technology in wealth management. Next up is our second ESG report, then our second Blockchain & DLT report, then our first US RIA WealthTech report.
https://www.thewealthmosaic.com/vendors/the-wealth-mosaic/news/wealthtech-2022-is-live/
This is one of an expanding number of reports we've created at The Wealth Mosaic on technology in wealth management. Next up is our second ESG report, then our second Blockchain & DLT report, then our first US RIA WealthTech report.
Upvoted by Diego and 7 others
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Luisa F.
Mar 7, 2024
Hello Fintech Connector Community! I have a bank client looking for fintechs that are interested in bank sponsorship. If you're in the market for a bank sponsor, please message me.
Upvoted by Stuart and 2 others
Upvoted by 3
6 comments
Angel L.
Apr 17, 2022
Another powerful report from FIS on global payments. This is a 156-report that gives you global payments trends, key insights, and other important ecosystem information.
The payments space continues to evolve with super apps, CBDCs, embedded finance, evolution of real-time payments, banking the unbanked, and more...
Check out the report and use it as a reference guide for what's happening and what's coming in payments.
I want to thank Ahmed Refaie Abdo from DSRPTD in the UAE for sharing it with me.
What are your thoughts? Steven Wasserman, Mario Cohen, Jaroslaw Sarwa, Angel Lorente, Carlos M. Mendes , Fabian Lehner , Elena Kozhemyakina , Jaroslaw Sarwa , Adam Ull , Sefa Bicer , Shafique Ibrahim
#fintechconnector #fintech #financialservices #innovation #payments #CBDC #cryptocurrency
The payments space continues to evolve with super apps, CBDCs, embedded finance, evolution of real-time payments, banking the unbanked, and more...
Check out the report and use it as a reference guide for what's happening and what's coming in payments.
I want to thank Ahmed Refaie Abdo from DSRPTD in the UAE for sharing it with me.
What are your thoughts? Steven Wasserman, Mario Cohen, Jaroslaw Sarwa, Angel Lorente, Carlos M. Mendes , Fabian Lehner , Elena Kozhemyakina , Jaroslaw Sarwa , Adam Ull , Sefa Bicer , Shafique Ibrahim
#fintechconnector #fintech #financialservices #innovation #payments #CBDC #cryptocurrency
Upvoted by Michelle A. and 7 others
Upvoted by 8
5 comments
Master C.
Oct 5, 2022
Great seeing our Mexico Community Partner Sofia Gamboa on El Financiero Factor Fintec speaking with Sergio Loredo about fintech in Mexico.
Watch the interview here - https://www.elfinanciero.com.mx/video/tv/factor-fintech/2022/10/01/entrevista-con-sofia-gamboa-de-fintech-connector-por-sergio-loredo-factor-fintec-4-t4/
NOTE: The interview is in Spanish.
Watch the interview here - https://www.elfinanciero.com.mx/video/tv/factor-fintech/2022/10/01/entrevista-con-sofia-gamboa-de-fintech-connector-por-sergio-loredo-factor-fintec-4-t4/
NOTE: The interview is in Spanish.
Upvoted by Alfonso and 8 others
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5 comments
Master C.
May 13, 2022
SWITZERLAND IS CALLING ALL FINTECH CONNECTOR MEMBERS...
Join us in Zurich in September for a networking lunch cruise around Lake Zurich.
RSVP today and meet members from over 10+ countries in one of the most beautiful cities in Europe.
Here is the link - https://www.eventbrite.com/e/fintech-connector-switzerland-networking-lunch-cruise-vip-dinner-registration-239437362597
#FinTechConnector #Community #Zurich #Events
Join us in Zurich in September for a networking lunch cruise around Lake Zurich.
RSVP today and meet members from over 10+ countries in one of the most beautiful cities in Europe.
Here is the link - https://www.eventbrite.com/e/fintech-connector-switzerland-networking-lunch-cruise-vip-dinner-registration-239437362597
#FinTechConnector #Community #Zurich #Events
Upvoted by Victor and 7 others
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Angel L.
Nov 11, 2022
Great to see how we have come a long way since our Meet Ups at Hurley's in NYC to now travelling the world to connect people, opportunities, and capital. Looking forward to our 2023 FinTech Connector events being announced shortly.
Hope to have many of our members joining us on our Innovation Days, Cruises, and VIP Member Dinners.
Thanks to our Community Partners Fabian Lehner Jaroslaw Sarwa Elena Kozhemyakina Shmuel Ben Tovim Mario Cohen Narayanan Ganapathy Meriem Yacoubi Varsenia Stoyanova Aleksandra Ossowska Alfonso Ballesteros Ryohei Uetani Sofia Gamboa Vikas Bansal Shaul Lifshitz
Hope to have many of our members joining us on our Innovation Days, Cruises, and VIP Member Dinners.
Thanks to our Community Partners Fabian Lehner Jaroslaw Sarwa Elena Kozhemyakina Shmuel Ben Tovim Mario Cohen Narayanan Ganapathy Meriem Yacoubi Varsenia Stoyanova Aleksandra Ossowska Alfonso Ballesteros Ryohei Uetani Sofia Gamboa Vikas Bansal Shaul Lifshitz
Upvoted by Vikas and 12 others
Upvoted by 13
1 comment
