Even Bitcoin family data encryption countermeasures are slightly harmed by FTX events. Although this family is still full of confidence and courage in BTC, after Sam Bankman Fried's data encryption exchange collapsed, we just kept changing the form in which they stored some cryptocurrencies.

Bitcoin family, consisting of the leader Taihuttu; His wife Romaine;, In 2017, they settled all their properties, including 2500 square meters of houses, and used the profits to repurchase BTC. At that time, the transaction price of BTC was still around 900 dollars. Since then, the family has stored cryptocurrencies in three specific ways: hardware wallets (freezers) hidden in vaults on four continents, decentralized exchanges (DEX) such as Uniswap, and centralized exchanges (CEX) such as Kraken and Bybit.

A family of five in Spain is actively investing $1 million in cryptocurrency into DEX, which also allows users to save their management rights of tokens. After the collapse of FTX, digital currency artists' brokers, borrowers and exchanges declared bankruptcy again. During this process, customers' properties were determined, so most of their crypto assets were determined to be migrated.

"For me, Bitcoin is still a matter of discretion. Decentralized loan coins should be available to everyone in the world without doing KYC or any other supervision and inspection work," the founder of the family, Didi Taihuttu, told CNBC. He refers to the KYC regulations proposed by many centralized service platforms such as Coinbase. On the other hand, the decentralized exchange does not require customers to provide ID or bank account.

Tehutu emphasized that one of the advantages of applying decentralized exchanges is that the storage right is kept by users of data encryption all the time. "You never send Bitcoin to the exchange. You keep it in your wallet, which means you can store your money completely," Tehto explained. "You send it to DEX. According to the connection, we can buy and sell transactions with our own wallet."

This fact is particularly important when the exchange encounters difficulties. He said, "If DEX crashes, it's OK, because Bitcoin will always be in your wallet.".