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#83 - Cybersecurity & Crypto with Justin Daniels

Law of Code

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Are There Any Big Risks That You See in Cryptocurrency?

If we really want to have self custody, not having custodial wallets and having the risk of what's going on with the exchanges, it really means that people have to think differently about security. You can't just say, oh, it's on AWS, it must be safe. It means I have to take personal responsibility for how I protect my digital wallet. The smart contracts are more of that vending machine approach where they'll do what you've asked,. But thinking in ways that are qualitative instead of quantitative is impossible at this stage. For them, unless you bring in some form of AI, I guess, could be interesting there.

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