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Ep. 471 - Money at the Speed of Life, With Douglas Borthwick of INX

CRYPTO 101

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You Can't Get Your 401k Hacked Out of Your Wallet

Mason: These are restricted tokens that like, so you could send them to anybody? No, you can't send them to anyone. It's not restricted in terms of retail combined sell it all day long. But in order to have it sent to you, you have to whitelist your wallet. And you pay YC and AML. Mason: If someone wants to trade an INX and it's just crypto, then it's the same as if you were onboarding anywhere else. You know, it's a much your driver's license or your passport and proof of address.

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