2min chapter

ACQ2 by Acquired cover image

Crypto Self-Custody 101 (with Austin Federa)

ACQ2 by Acquired

CHAPTER

Is There a Scale Economy to Self Custody?

Fraud tech becomes an exponential return investment. If you can reduce your fraud by 1%, you've increased your take rate by more than 1%. Right. So it's worth just expanding the take rate a little bit, make it 3.1% instead of 2.9%. But it's so there's going to be more fraud and we'll just cover it because it's worth it. Yep, exactly. And then you invest in fraud tech and that fraud tech becomes an exponentially return investment. It really is a choose your own adventure of security when you're talking about self custody. And you really should do self custody.

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