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The Immutable Mindset
David Schwed: The Reality Of Systemic Security Risks in Crypto
David Schwed: The Reality Of Systemic Security Risks in Crypto
Author
Adam Posner
Published
Fri 10 Mar 2023
Episode Link
https://the-immutable-mindset.simplecast.com/episodes/david-schwed-the-reality-of-systemic-security-risks-in-crypto-mWqYzxeo
In This Episode
(01:37) – Kevin welcomes David Schwed to the Immutable Mindset.
(03:01) – The role of tokenized assets in the financial sector.
(05:40) – Regulatory bodies' role in embracing tokenized assets.
(09:01) – How David identifies a narc.
(10:56) – Discussing the business login in getting the right hire.
(13:51) – Are we repeating the mistakes of the 2008 financial crisis.
(16:49) – Comparing blockchain security to traditional security.
(23:01) – On hacking and how it’s still the biggest challenge.
(25:47) – Specific thoughts on specific regulations.
(28:03) – Scaling security without firm guidelines, rules, and regulations.
(31:23) – Discussing token approval and that one line of bad code.
(33:51) – Talking off chains risks.
(36:03) – Risk of the government stifling the blockchain industry.
(38:52) – Bitcoin or Ethereum?
(39:42) – On Bitcoin sacrificing security for scaling.
(40:42) – David takes the lightning round of questions.
(43:52) – ChatGPT tells a joke.
(44:55) – TLDR with chat with David
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