BONUS EPISODE: The Fall of FTX - A Reset for the Decentralization Movement

“Not your keys, not your crypto." - John Wingate"Do your own research." - Michael Allen About Michael Allen:Michael has done a number of things in his life; went to military boarding school from junior high through senior year, enlisted in the US Coast Guard. Michael fixed avionics and flew as a Flight Mechanic/Crew Chief in the Sikorsky MH-60 helicopter, where he accrued more than one-thousand hours in the air and rescued numerous lives.Michael has had an entrepreneurial itch for as long as he can remember. He started selling various items from a spare trunk in his room at military school, going so far as needing to open a bank account in town to deposit the weekly profits and funding my own purposes while at school.Prior to and alongside his time in the military he has kept busy. Michael performed various service industry jobs: everything from salad bar and kitchen prep through being a server at his aunt and uncle’s Italian restaurant in Steamboat Springs Colorado, to serving and then managing a restaurant during daylight hours while he worked nights on the hangar deck in Clearwater Florida. Michael has owned various forms of real estate, managed properties, rentals, HOA’s, and been on various boards. About John Wingate:John Wingate is CEO and Founder of Bank Social, a blockchain-based financial system. John is a thought leader in tech, finance, regulation, entrepreneurship and business. His vision for social capitalism includes transparency, objectivity, and integrity so human beings can thrive and participate with direct benefits. In this episode:Bankruptcy of FTX.What is FTX?Liquidity issues in centralized banking.How can people protect their money.Understanding custodial exchanges.The future of crypto exchange. Key Takeaways:The dangers of keeping your crypto in a centralized banking system.To understand the fall of FTX you must first understand Sam Bankman-Fried.Decentralized banking is not the same thing as custodial.Don't miss your opportunity to get involved in the next wave early. Connect with Michael Allen:https://seekerofcoin.com/https://twitter.com/SeekerOfCoinhttps://www.instagram.com/seekerofcoin/https://www.linkedin.com/in/mikea113n/ Connect with John Wingate:https://www.banksocial.io/https://www.youtube.com/c/BankSocialhttps://www.instagram.com/BankSocial.io/https://twitter.com/BANKSOCIALiohttps://t.me/banksocialhttps://twitter.com/PresidentHODL  Connect with Joel Farrell:www.joelfarrellloans.com joel.farrell@fairwaymc.comhttps://www.linkedin.com/in/joelfarrellvaloans/https://www.youtube.com/channel/UCISoNioAVR083iLErviv6pQ/featured