The Defiant - DeFi Podcast cover image

Blockchain Detective Taylor Monahan Explains $10M Hack and How to Stay Safe in Crypto

The Defiant - DeFi Podcast

CHAPTER

The Importance of Intention in DeFi

DeFi is supposed to be permissionless, autonomous and so on. If a hacker figures out how to do things differently, then it's very clear that that wasn't the intention of DeFi. So in my opinion, if you've created this thing and you give yourself God mode and something happens where you are, you're in a position to recover funds for like the rightful owner, I think you probably should. But I think that both giving yourself that power without taking responsibility for that power is like you can't have your cake in it," he said.

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