5min chapter

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Ben Horowitz and Brian Armstrong on Building and Overcoming the Hard Things

a16z Podcast

CHAPTER

DeFi and Self Custody

I think everyone is a little divided right now they're thinking, okay, I can't trust the centralized exchanges. Let me do self custody. But people have lost a lot of money with self custody too right. It just it doesn't happen in a big blow up all at once, but there's, you know, every week there's somebody losing some money out there that doesn't make headlines. And so I think we as an industry and this is something Coinbase is trying to help with. We can try to make self custody. The UX around it and the security architecture around it. Essentially make it harder and harder for people to do something accidentally to lose fundsRight. MPC or

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