Episode 85 Securing Your Crypto

Episode 85: Securing Your Crypto

Episode 85

Securing Your Crypto

Nick Neuman is the CEO of Casa. We cover the challenges of self-custodying digital assets, Casa's solution, and the recent addition of Ethereum to its platform.

This show is brought to you by:
OKX. Want to stop paying trading fees? You can now trade for free for two months with OKX. Over 20 million traders and institutions choose OKX when they want to trade. And you can join them by signing up at okx.com/landingpage/okxtraderseries to start your two months of fee-free trading today.

 

Web3 Breakdown listeners can use code WEB3BREAKDOWN23 for 20% off your first year of Casa standard membership.

 

(00:02:09) - (First question) - Introduction to Casa: simplifying self-custody for secure storage of Bitcoin and Ethereum
(00:05:13) - The risks of overestimating security among even experienced crypto enthusiasts
(00:06:01) - Private keys, single points of failure, and Casa's multi-key approach to security
(00:11:44) - Mobile key security: SIM swapping and securing funds through layers
(00:14:28) - Balancing security and convenience with different security levels
(00:17:32) - Spikes in interest during moments of fear or price volatility
(00:19:53) - Offering video calls to simplify setup for hardware wallets
(00:21:18) - Transitioning to Ethereum while maintaining security and usability for users
(00:27:07) - Future challenges of balancing security and ease in interacting with smart contracts
(00:29:54) - The importance of self-custody, simplifying the process for mass adoption
(00:34:07) - Anxiety and laziness often delay sign-up, eased by simplified processes
(00:36:49) - Blending user understanding with an effortless product experience
(00:38:56) - Self-custody, like setting up a will or life insurance, brings relief and security
(00:40:59) - What he is most excited to build over the next six months and six years

 

Securing Your Crypto

Introduction

Eric
This is Eric Golden. And my guest today is Nick Neuman, the CEO of Casa. Casa offers crypto users a secure and straightforward way to self-custody their assets. And today, we dive deep into this critical topic. We talk about the problems of self-custody, Casa solution, the recent addition of Ethereum to their platform and the trade-offs between security and usability.

This is Nick's second time on a Colossus podcast after first appearing on an Invest Like the Best episode called Becoming Your Own Bank, which I highly recommend. You can learn more about Casa through the link in the show notes which includes a special offer for Web3 Breakdowns' listeners. Please enjoy my conversation with Nick Neuman.

About Casa

Nick, thank you for joining me today. We're going to talk about security, which is one of these topics that comes up, and I feel like it's something that a lot of people whisper about mostly because it happens after something bad's happened.

Access the full transcript
Sign in or register to view episode transcripts.

Contact

Get in touch at help@joincolossus.com