4.8 • 710 Ratings
🗓️ 17 June 2024
⏱️ 57 minutes
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0:00.0 | How to protect people from getting sim swapped. |
0:03.4 | I must have become a target at that point because in 2018 I ended up getting mobile hacked. |
0:08.5 | I got sim swapped. And so it was more than just a crypto loss. I took down a startup that I had been working on. |
0:14.4 | So what I did during that time frame, I was thinking that somebody had to solve this. |
0:17.7 | A problem with centralization in general, right? There's all these data honeypots everywhere that are getting exploited. |
0:23.6 | If you are using just SMS verification alone, then you definitely have to worry about sim swaps. |
0:29.6 | But if you're using an authenticator app, you still can be sim swapped. |
0:32.6 | And it's not always about crypto. |
0:34.6 | A lot of people are having their banks access, their email, their cloud, their ICloud, |
0:39.5 | their hosting accounts if they're a small business owner. |
0:42.0 | One executive at a company got SIM swapped, and then it affected 66,000 people. |
0:46.2 | Just the 48-hour pain of having to argue with my provider to get my cell service back |
0:53.9 | was enough to make me not ever want to have to deal with that again. |
1:01.0 | Hey everybody, welcome to the What is Money Show. I am thrilled to have you here joining me on my mission to help shine light on the corruption of money. |
1:12.3 | Now, if this is your first time listening to The What Is Money Show, I strongly recommend that you go back to episodes one through nine first, |
1:20.2 | which lays a lot of the groundwork for many of the concepts that we explore on the show. |
1:24.4 | These first nine episodes are my series with Michael Saylor, and thousands of |
1:29.0 | people have told me that this is the best podcast series they've ever heard, hands down, |
1:34.3 | and that it was instrumental to their understanding of money and Bitcoin. So if you're looking |
1:39.4 | to start a deep dive into the nature of money, I don't think there's any place better that you can |
1:45.5 | start other than episode one of this show. Now, a little bit about this show and how it makes money. |
1:51.0 | What is Money's show is 100% sponsor based. So all of our revenues are derived from direct sponsorships. |
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