The Last Trade E065: Navigating Custodial Risk with Rich Kerr

The Last Trade 9/13/24

The Last Trade: a weekly, bitcoin native, interactive podcast covering where Bitcoin and traditional finance meet on a macro scale. Hosted by Jackson Mikalic, Jesse Myers (Croesus), Michael Tanguma, and a special weekly guest host.

Join us as we dive into what Bitcoin means for how individuals & institutions save, invest, and propagate their purchasing power through time. It’s not just another asset – in the digital age, it’s the Last Trade that investors will ever need to make.

0:00 – Welcoming back Rich Kerr
5:31
– A message from Onramp
6:15 – Everyone’s a Scammer (Part Deux)
12:42
– Social engineering, phishing, & wrench attacks
15:17 – The need for better custody solutions
18:47
– Understanding the gravity of the risks
23:30
– Early innings of sophisticated attacks
27:13
– Custodial risks of bearer assets
35:00
– Secure & scalable custody for mass adoption
42:45 – The evolution of bitcoin custody & multisig
54:56 – Onramp Multi-Institution Custody
56:24
– Challenges with plastic devices
1:00:05
– The importance of trust in financial services
1:03:42 – The fiduciary duty of care in bitcoin custody
1:13:57
– Incentives for advisors to adopt bitcoin
1:29:07 – Outro

We recently released a comprehensive report — “The Evolution of Bitcoin Custody” — detailing the origins of financial asset custody, bitcoin’s unique custodial properties, the various tradeoffs associated with existing forms of bitcoin custody, and the ongoing maturation of solutions in the marketplace. Download the full report here.

We will hosting a webinar on September 10th at 4:15PM EST to discuss this report in detail, delving into the intricate world of bitcoin custody, highlighting its origins, technological advancements, and the disruptive potential of multi-institution custody. Register to attend here.

Schedule time with the link below if you would ever like to learn more about Onramp and please sign up for weekly Research and Analysis to get access to the best content in the ecosystem weekly:

https://onrampbitcoin.com/contact-us/
https://onrampbitcoin.com/category/onramp-media/