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InSecurity Podcast: Steve Snyder on the Nature of Cryptocurrencies
Fortnite, and bitcoin, and dollars, OH MY! What makes real money REAL?
What if I told you a man named Matthew Mellon owned a cache of Ripple that at one point was valued at over $1 BILLION USD, and was still worth over $500 MILLION at the time of his unexpected death. Mellon claimed to have kept the digital keys to his Ripple wallet locked in cold storage in other people's names at various locations around the U.S.
What does the family of the deceased do in a situation like this? What does anyone do with the notion of hundreds of millions of dollars in value that is locked away and utterly inaccessible? And what the heck is Ripple anyway?
In this episode of the InSecurity Podcast, Steve Snyder joins Matt Stephenson and Edward Preston for a look into the fact, fiction and myth of cryptocurrencies. And just to make things a bit weirder, we’re also going to talk about weapon-skins that are trading for as much as $50,000 inside games. Noodle on that fact for a minute!
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By Fortnite, and bitcoin, and dollars, OH MY! What makes real money REAL?
What if I told you a man named Matthew Mellon owned a cache of Ripple that at one point was valued at over $1 BILLION USD, and was still worth over $500 MILLION at the time of his unexpected death. Mellon claimed to have kept the digital keys to his Ripple wallet locked in cold storage in other people's names at various locations around the U.S.
What does the family of the deceased do in a situation like this? What does anyone do with the notion of hundreds of millions of dollars in value that is locked away and utterly inaccessible? And what the heck is Ripple anyway?
In this episode of the InSecurity Podcast, Steve Snyder joins Matt Stephenson and Edward Preston for a look into the fact, fiction and myth of cryptocurrencies. And just to make things a bit weirder, we’re also going to talk about weapon-skins that are trading for as much as $50,000 inside games. Noodle on that fact for a minute!