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Secret Network’s Lisa Loud: Privacy, Encrypted Smart Contracts, and Confidential AI
Welcome back to the Crypto Twits Podcast. In this episode, Jon sits down with Lisa Loud from Secret Network — the person “in charge of the entire operation.”
Lisa shares her origin story and a core message: it doesn’t matter where you came from — there’s room for you in Web3. From Apple and PayPal, to reporting directly to Arthur Hayes at BitMEX, a stint at Gemini, and helping ShapeShift through a major pivot — Lisa’s crypto journey has been chaotic in the best way.
Then we go deep on Web3 vs Web2, decentralization, and why people still want a “finger to point at” when things go wrong. Lisa explains how the decentralized cloud conversation isn’t just storage — it’s compute, and why decentralized compute matters as AI accelerates.
From there, we dive into what makes Secret Network different: a privacy-preserving blockchain with encrypted smart contracts and selectable privacy (not private by default). Lisa breaks down trusted execution environments (TEEs), secure enclaves on validators, and why specialized hardware helps Secret stay performant while preserving confidentiality.
We also talk confidential AI and privacy trade-offs, why privacy and compliance aren’t mutually exclusive, why institutions will demand privacy, how to think about GDPR and “right to forget” in an immutable world, and why privacy’s stigma as “only for criminals” is backwards.
Finally, Lisa shares leadership lessons (including a Steve Jobs story), why authenticity builds trust in chaotic times, how quantum changes the privacy conversation, and what she hopes people will say about Secret Network by December 2026.
0:00 - Intro: Lisa Loud joins the Crypto Twits Podcast
0:27 - Lisa’s origin story: biomedical engineering to forestry
1:22 - Why Web3 has room for everyone
1:50 - Web3 vs Web2: what “decentralized internet” really means
3:07 - Why decentralization is hard: accountability, recourse, and self-reliance
4:42 - Who’s the “AWS of Web3”: decentralized storage vs decentralized compute
6:57 - Lisa’s path into crypto: Apple and PayPal to BitMEX
8:08 - BitMEX chaos: reporting to Arthur Hayes
9:41 - From BitMEX to Gemini and ShapeShift
10:45 - Almost hired by Justin Sun + job offer from Charles Hoskinson
11:51 - What is Secret Network: privacy-preserving blockchain explained
12:09 - How it works: TEEs, secure enclaves, and Intel SGX
13:30 - Competitors and approaches: FHE, MPC, ZK, Zcash
13:54 - Selectable privacy: staying regulator-friendly
14:22 - Privacy and compliance can coexist
15:12 - Why privacy will matter more: breaches, AI tradeoffs, and confidential AI
16:55 - Where to try it: SecretVM demo
18:33 - EU regulation: MiCA, GDPR, and “right to forget” realities
19:23 - Staking rewards and tokenomics: why it’s hard to balance
22:11 - Why neurodivergent thinkers are essential to tokenomics
22:55 - Neurodivergence as an advantage: adapting and innovating
24:06 - A16Z endorsement: privacy as the key crypto moat into 2026
25:44 - 2026 goals: real utility + adoption (medical agents, research, voting, auctions)
27:17 - Privacy: feature or right
28:58 - What the industry gets wrong: “privacy = criminals” stigma
31:23 - Leadership advice that was wrong: the Steve Jobs note-taking story
33:02 - Lisa’s leadership philosophy: trust, accountability, and loyalty
35:47 - If Secret didn’t exist: the erosion of privacy
38:12 - Always-listening devices: live photos, targeted feeds, smart everything
39:59 - Quantum computing: what it could change
42:06 - The 2026 vision: Secret as essential infrastructure for private AI + internet
43:35 - Wrap-up and thanks
Disclaimer: All opinions expressed on this show are solely the opinions of the hosts’ and guests’ and do not reflect the opinions of Stocktwits, Inc. or its affiliates. The hosts are not SEC or FINRA registered advisors or professionals. The content of this show is for educational and entertainment purposes only. Please consult with your financial advisor before making any investment decision. Read the full terms & conditions here: https://stocktwits.com/about/legal/terms/
View all episodes
By StocktwitsWelcome back to the Crypto Twits Podcast. In this episode, Jon sits down with Lisa Loud from Secret Network — the person “in charge of the entire operation.”
Lisa shares her origin story and a core message: it doesn’t matter where you came from — there’s room for you in Web3. From Apple and PayPal, to reporting directly to Arthur Hayes at BitMEX, a stint at Gemini, and helping ShapeShift through a major pivot — Lisa’s crypto journey has been chaotic in the best way.
Then we go deep on Web3 vs Web2, decentralization, and why people still want a “finger to point at” when things go wrong. Lisa explains how the decentralized cloud conversation isn’t just storage — it’s compute, and why decentralized compute matters as AI accelerates.
From there, we dive into what makes Secret Network different: a privacy-preserving blockchain with encrypted smart contracts and selectable privacy (not private by default). Lisa breaks down trusted execution environments (TEEs), secure enclaves on validators, and why specialized hardware helps Secret stay performant while preserving confidentiality.
We also talk confidential AI and privacy trade-offs, why privacy and compliance aren’t mutually exclusive, why institutions will demand privacy, how to think about GDPR and “right to forget” in an immutable world, and why privacy’s stigma as “only for criminals” is backwards.
Finally, Lisa shares leadership lessons (including a Steve Jobs story), why authenticity builds trust in chaotic times, how quantum changes the privacy conversation, and what she hopes people will say about Secret Network by December 2026.
0:00 - Intro: Lisa Loud joins the Crypto Twits Podcast
0:27 - Lisa’s origin story: biomedical engineering to forestry
1:22 - Why Web3 has room for everyone
1:50 - Web3 vs Web2: what “decentralized internet” really means
3:07 - Why decentralization is hard: accountability, recourse, and self-reliance
4:42 - Who’s the “AWS of Web3”: decentralized storage vs decentralized compute
6:57 - Lisa’s path into crypto: Apple and PayPal to BitMEX
8:08 - BitMEX chaos: reporting to Arthur Hayes
9:41 - From BitMEX to Gemini and ShapeShift
10:45 - Almost hired by Justin Sun + job offer from Charles Hoskinson
11:51 - What is Secret Network: privacy-preserving blockchain explained
12:09 - How it works: TEEs, secure enclaves, and Intel SGX
13:30 - Competitors and approaches: FHE, MPC, ZK, Zcash
13:54 - Selectable privacy: staying regulator-friendly
14:22 - Privacy and compliance can coexist
15:12 - Why privacy will matter more: breaches, AI tradeoffs, and confidential AI
16:55 - Where to try it: SecretVM demo
18:33 - EU regulation: MiCA, GDPR, and “right to forget” realities
19:23 - Staking rewards and tokenomics: why it’s hard to balance
22:11 - Why neurodivergent thinkers are essential to tokenomics
22:55 - Neurodivergence as an advantage: adapting and innovating
24:06 - A16Z endorsement: privacy as the key crypto moat into 2026
25:44 - 2026 goals: real utility + adoption (medical agents, research, voting, auctions)
27:17 - Privacy: feature or right
28:58 - What the industry gets wrong: “privacy = criminals” stigma
31:23 - Leadership advice that was wrong: the Steve Jobs note-taking story
33:02 - Lisa’s leadership philosophy: trust, accountability, and loyalty
35:47 - If Secret didn’t exist: the erosion of privacy
38:12 - Always-listening devices: live photos, targeted feeds, smart everything
39:59 - Quantum computing: what it could change
42:06 - The 2026 vision: Secret as essential infrastructure for private AI + internet
43:35 - Wrap-up and thanks
Disclaimer: All opinions expressed on this show are solely the opinions of the hosts’ and guests’ and do not reflect the opinions of Stocktwits, Inc. or its affiliates. The hosts are not SEC or FINRA registered advisors or professionals. The content of this show is for educational and entertainment purposes only. Please consult with your financial advisor before making any investment decision. Read the full terms & conditions here: https://stocktwits.com/about/legal/terms/