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BTC192 - Silicon Valley Mafia Holding the Elite’s Bitcoin w/ Mark Goodwin (Bitcoin Podcast)
We Study Billionaires - The Investor’s Podcast Network
Building the Bitcoin Dollar System with Zappo
Zappo played a crucial role in creating the Bitcoin dollar system by focusing on extreme security measures to safeguard the keys holding trillions of dollars in Bitcoin. They implemented innovative security practices such as space storage, fingerprint scanners detecting life signs to prevent unauthorized access. Zappo's journey began with selling Bitcoin to investors like Peter Thiel, resulting in the need for secure key management. They also addressed regulatory requirements by bringing a significant amount of Bitcoin back to the US through the sale of their custody service to Coinbase, including transactions with grayscale. Zappo's contribution to the Bitcoin dollar system is evident in the return of a million Bitcoins to the US, aligning with regulatory frameworks and lobbying efforts led by organizations like Coin Center and Paxos.
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