Transcript
Introduction
Patrick
My guest today is Nick Neuman, CEO and co-founder of Casa. Casa helps Bitcoin investors and owners keep their digital assets safe from loss or theft by providing managed self custody services. In our discussion, we cover the history of asset custody, from ancient temples to decentralized ledgers, look at the mechanics of how private keys work, and explore why people are better off holding the keys themselves. We then dive deep into the future of digital wallets as gateways into our virtual lives, what's interesting about identity authentication more broadly, and whether these innovations may lead to unintended consequences. Please enjoy this great conversation with Nick Neuman.
The History of Asset Custody
Patrick
So Nick, I think an interesting place to begin this discussion, where the theme will be private keys and custody of assets, and crypto maybe even more specifically, but generally those two big concepts, is with a history. I'd love you to just teach me and the audience as much as you can about at the history of how humans have owned and custodied different kinds of money. Because I think we're all in this fishbowl of, I have a Wells Fargo account or whatever. We've all grown up with one very specific version of this, but history can teach us a lot of lessons. Give us an opening history lesson here, and then we'll dive into all the aspects of Casa and what you're building.