Bitcoin Security + the Future of AI with Jameson Lopp - WBD609
The Peter McCormack Show
Peter McCormack
4.7 • 2.8K Ratings
🗓️ 23 January 2023
⏱️ 99 minutes
🧾️ Download transcript
Summary
Jameson Lopp is the co-founder & CTO of Casa. In this interview, we discuss why Casa has extended custody support to Ethereum, important security lessons from the Luke Dashir hack, Bitcoin security & inheritance planning, and how AI came of age in 2022 with the release of ChatGPT.
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Last year provided the most brutal examples of why "not your keys, not your coin" should be the first thing anyone new to the ecosystem learns. Dave Portney's infamous tweet questioning where his Bitcoin was after FTX blew up, showed how generally unaware people are of the risks associated with exchanges, and the importance of custody in relation to ownership.
However, there are also those who quite reasonably need greater protection than that offered by a hardware wallet. There are many examples of people losing access to their Bitcoin held off-exchange. Further, the hacking of Luke Dashir's security setup shows the risks of bespoke security solutions. This is where Casa comes in - providing multisig custody solutions for Bitcoin holders.
Casa has now extended its service provision to Ethereum. For Bitcoin maximalists this may be viewed as a red line having been crossed. For those who hold Bitcoin and Ethereum, this may provide a practical one-stop shop solution that convinces them to take their holdings (including Bitcoin) off exchanges. There are merits to both sides of the pragmatism versus maximalism argument, which is sure to continue to be debated throughout 2023.
And yet, history may relegate the significance of the collapses in crypto in 2022 behind last year's massive advances in AI technology. ChatGPT, in particular, has the potential to revolutionise the employment market: online customer services, copywriting, journalism, consulting, academia, computer programming… the disruption to white-collar workers could be unprecedented.
Despite being less than 2 months old, ChatGPT has led to a pervading wave of excitement and hysteria. It is a wake-up call of how technology can rapidly interrupt the assumed order within society. The issue is that it will be followed not only by advances in its own capabilities, but other technologies will follow in biotechnology, VR, nanotechnology etc. etc. etc. Are we on the edge of the greatest revolution to impact humans?
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Transcript
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| 0:00.0 | Every species that becomes sentient and develops technology that is sufficient to |
| 0:10.0 | start creating signals that propagate through the universe |
| 0:13.2 | eventually also hits this inflection point which we may be close to |
| 0:17.6 | wherein the power of the technology becomes uncontrollable and they destroy |
| 0:21.8 | themselves for one of a million |
| 0:23.1 | different reasons. |
| 0:24.1 | Hello there from Bedford, yes I'm home, I'm back home after a long trip out in the US. |
| 0:29.2 | I just want to say thanks to everybody who came out. We had about a week in Nashville making |
| 0:33.4 | podcast. Then we went up to Austin and made some podcast and then I went out and made this film about |
| 0:38.2 | mining, which I really can't wait to get out to you. Traveled all over Texas. Also went up to Oklahoma, dipped into Arkansas and Louisiana. |
| 0:45.6 | It was an incredible trip and I'm really excited to get this film out. |
| 0:48.8 | I learned so much about Bitcoin Mining. |
| 0:50.4 | Anyway, listen, welcome to the What Bitcoin did podcast, which is brought to you by |
| 0:54.0 | Gemini, the only place I'm using for buying Bitcoin. |
| 0:56.7 | I'm your host, Peter McCormack, and today I've got Jameson Lop back on the phone. |
| 1:01.5 | Now, Jameson was the third person I ever interviewed for the |
| 1:04.2 | podcast. I went out to Raleigh, shots and guns with him and learn all about the |
| 1:08.7 | tech side of Bitcoin and you know back then I didn't understand anything he was |
| 1:12.4 | talking about but he stayed a friend we've made a few podcasts since but this is the first time we've recorded in person in a while now this was recorded not long after Lute Dasher reported up on Twitter that he'd had some of his |
| 1:24.6 | Bitcoin hacked so Jamison was the perfect person to talk about Bitcoin security |
| 1:29.2 | with now we've covered security with Jamison a lot but he's also a technologist so we got into some other things we talked about AI |
| 1:36.7 | chat gbt nostra and a whole bunch of other stuff it was a fascinating show always great to catch up with Jameson. |
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