Скачать с ютуб The Rise and Fall Of Modern Banking | Synapse and Yotta Collapse в хорошем качестве

The Rise and Fall Of Modern Banking | Synapse and Yotta Collapse

Hundreds of millions of dollars are frozen, 10 million customers are affected, and an entire industry may be doomed. Welcome to the rise and fall of the Middleware provider, namely Synapse. Their sudden collapse, bankruptcy, and disconnection has left customers across upwards of 100 different new Financial Technology companies without access to their money. I have been personally involved in one of these companies for years, both using Yotta Savings and making videos about them since their inception. The service came to market quickly and offered unique features that I had never seen before. This speed was enabled by Synapse and its connection to traditional banks. But that very connection that enabled its creation may be the same spark that ignites its demise. ⏱Handy Timeline: 0:00 Intro 0:53 The Rise of Middleware 1:33 FBO Account 3:24 The Fall 5:07 Failed bailout attempt 5:52 Banking relationship explained with a Spiderman meme 7:16 All accounts frozen 7:45 A new problematic account type 9:20 Bankruptcy hearing didn't help 9:32 Why can't this be resolved? 11:23 I used Yotta for years 12:24 Bottomline 13:10 Fintech is amazing, but.... 14:03 Tricky choice we make 15:13 Please subscribe ===== 📗Easily learn all the essentials of stock market investing in a single afternoon: https://brendan-s-site-0fd7.thinkific... Digital Products I made for you: Relationship Money Plan: https://brendanevan.gumroad.com/l/Rel... Net Worth Tracker: https://brendanevan.gumroad.com/l/ZCeXo Budgeting Spreadsheet: https://brendanevan.gumroad.com/l/Bre... New Investor Checklist: https://brendanevan.gumroad.com/l/Inv... Better Goal Template: https://brendanevan.gumroad.com/l/Goals Memento Mori Life Grid: https://brendanevan.gumroad.com/l/BFA... My Free Newsletter: https://brendanevan.substack.com/ My Early Retirement Projection Spreadsheet: https://brendanevan.gumroad.com/l/Ret... ===== In case you're curious, in this video I checked the "Altered Content" button in YouTube so that it's clear I made those AI generated images that show a fake startup company doing....startup company things like smiling in bright offices. I also labeled the photos as such. AI generated content a whole different topic to get into and I plan to largely shy away from it, but in this instance it was a fun but harmless way to depict a company starting up. And in case you're wondering I blanked out the eyes of the AI generated founders because AI generated human faces are a bit scary and odd looking....and it sorta looks like real photos that have been edited to keep people anonymous too. 😅 🕰Make sure to check the time stamps to navigate to the most interesting parts easily. 🏎💨If I am talking too slowly, just click on the video settings option and look for “Playback Speed”. Changing this to 1.25x or 1.5x can make the video flow a little better if you want to pick up the pace! #BrendanEvan Disclaimer: Any financial or investing-related topics discussed on this channel are not from a professional investment advisor and are not financial advice for you. This is for entertainment and inspirational purposes only. My opinions are not reflective of the companies mentioned in the video. Also please know that many of the links I have in video descriptions like this one are affiliate links which means I may be compensated by the company whom you do business with at no extra expense to you. Thank you for your support!