Masters of Scale Need to Know, w/Reid & Bob: Crypto craziness, ransomware attacks, "smart risks" & more
Jun 22, 2021
In a candid chat, two experts explore the volatile world of cryptocurrency, predicting both massive losses and groundbreaking innovations. They tackle urgent cybersecurity issues, likening it to an emperor's new clothes scenario. The conversation touches on climate-change habits and the intriguing notion of a Lobatical vacation for long-serving employees. Plus, hear about the journey of a couple launching a plant-based restaurant, emphasizing the importance of skill development and employee care in today’s rapidly evolving job market.
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Crypto Investing
- Only invest in cryptocurrency if you are a professional or can afford to lose money.
- Crypto is important for the future of finance, but risky.
Crypto and Middlemen
- Crypto was initially designed to eliminate middlemen, but exchanges have emerged.
- Financial infrastructure and intermediaries still play a crucial role.
Cybersecurity Fear
- Be more fearful about cybersecurity than you currently are.
- Ransomware attacks highlight vulnerabilities and the need for better defenses.