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TFTC: A Bitcoin Podcast

#379: From Neuroscience to Bitcoin Proof of Reserves with Sam Abbassi

TFTC: A Bitcoin Podcast

Marty Bent

Technology

4.8804 Ratings

🗓️ 5 December 2022

⏱️ 108 minutes

🧾️ Download transcript

Summary

Join Marty as he sits down with Sam Abbassi to discuss building Hoseki, the potential austerity of a hyperbitcoinized world, and weird brain stuff.

Follow Sam on Twitter

Check out Hoseki

6:29 - Sam's crypto origin story
11:14 - Concussions and neuroscience
19:06 - Encountering crypto degeneracy and getting orange pilled
25:24 - Working at Fidelity
35:21 - Marty's writing history
41:01 - AI
44:02 - Are we better off than in medieval times?
47:50 - An austere orange pilled Earth
52:57 - What are the problems in a bitcoin standard?
1:04:53 - Hoseki
1:18:14 - Developing a web of trust in third world countries
1:21:12 - Fiat world
1:26:48 - Proof of reserves
1:38:36 - National divorce
1:43:45 - Feds shouldn't be romanticized
1:46:34 - Last words

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Transcript

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0:00.0

So, freaks, it's your boy, Marty, here to introduce this rip of TFTC.

0:10.0

Sat down with Sam Abasi, founder and CEO of Hoseki.

0:17.3

Incredible conversation.

0:19.5

Incredible Bitcoiner.

0:22.3

Incredible time to be alive, freaks. and if you're looking to take care of your bitcoin our friends down the hall

0:26.3

at unchain capital are here

0:27.8

to provide you with the services that eliminate single points of failure in your

0:31.8

custody model they have a two or three multi-sig volt which allows you to hold two keys

0:35.6

in the two or three multi-sique quorum unchain holds to hold two keys in the two-of-three multicyc quorum. Unchain holds

0:38.6

the third. You can always control and move your Bitcoin as you see fit as long as you have those

0:43.4

two keys. If you're ever in a pinch, need Unchained to be the second in the two- or three multi-sic

0:47.4

quorum. They are there for you. They have a white-love concierge service that's going to get you comfortable with this, walk you through the process, explain everything to you, get you hardware wallets, help you get them set up,

0:57.9

geographically disperse them, all that jazz.

1:00.9

I also have a trading desk which is going to allow you to buy Bitcoin and send it directly

1:05.2

into that to its remultescald storage vault.

1:08.3

It's a beautiful thing.

1:09.7

If you're a business, an individual, high net worth

1:13.0

individual, a fund looking at custody your assets, make sure you do it the right way. A lot of

1:18.2

people learned that there's a wrong way to do that this in the last couple months. Don't get

1:23.6

FtXed. Go hit up our friends at Unshane. Unshane.com.

1:28.2

I'm burping. I'm sorry.

1:29.6

And the burping.

...

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