Ezra Marcus
๐ค SpeakerAppearances Over Time
Podcast Appearances
And that's the crime.
And that's so much easier to execute than the other sorts of complex things you need to do to steal millions of dollars traditionally.
And it's, I think, a serious flaw in the entire
concept of digital assets.
I mean, do you have millions of dollars in crypto assets?
I mean, it just turns out to not be a very easy thing to store millions of dollars of assets.
I mean, it isn't really something that I think most people feel comfortable doing.
That's why you don't usually see people with millions of dollars of cash in your house.
And if you have that, you have to take serious precautions.
And I think as far as what happened in the crypto world is it was such a ostentatious, flashy way of being where they were like, these are my 10 board apes that I have displayed on my Twitter.
And here's my Lamborghini.
And I live in Brickell, Miami, my penthouse.
And I'm pitching this lifestyle.
And part of the whole value proposition of crypto is that the people telling you about it were super rich.
And the richer they seem, the richer they got as other people bought into it, which then put a huge target on their back because everyone knows that
They have all this crypto.
So what they're doing now is there's this huge reversion to secrecy and like you can't trust anybody and you don't want anyone to know that you have all this money.
Many of them have gone very dark on the Internet or they only use a pseudonym and they'll never quote unquote face docs themselves.
And it's just this whole thing where they don't even want their closest business partners to know who they are.