Mónica: Traditional crypto cold storage is primitive 'pirate custody'
Diogo Mónica · Founding Stories: Anchorage · Jun 24, 2019 · at 10:48
Diogo Mónica, co-founder of crypto custody platform Anchorage, discusses the state of institutional digital asset security during an a16z podcast interview.
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“The status quo is people invest in crypto assets, and then they do what we call pirate, we call it pirate custody. And we call it pirate custody because if you think about it is the same technology that the pirates used in the 1700 to protect their gold coins.”
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