Crypto Safety, Finally

Interested in being a guest? Email us at [email protected] if your crypto wallet felt as safe as your bank account? We sit down with Crypto Insurer BDIC Insurance Founder and CEO Jeffrey Glusman to unpack a bold plan to bring deposit insurance to digital assets and unlock mainstream confidence. Instead of chasing whales, the model targets the everyday holder with clear, affordable coverage tiers, vetted wallets, and a focused list of insurable coins. The goal is to turn fear, uncertainty, and doubt into transparent rules and reliable protection that stands up when it counts.We dig into how coverage works, what’s actually insured, and why solvency signals matter—sovereign fund commitments, bank guarantees, and established carriers. Exchanges are watching closely. With regulators weighing in and users demanding safety, supplemental insurance could become table stakes. Using the Bybit hack as a reality check, Jeffrey explains how an insured framework could have reimbursed most losses, protected AUM, and kept trust intact. Insurance can’t stop every breach, but it can turn catastrophic events into recoverable ones.Education plays a starring role. We break down hot versus cold wallets, key custody, tokenization, and the small habits that prevent big losses. Jeffrey shares a painful personal phishing story and a recent large-scale fraud involving a spoofed bank and forged policies—then maps out the steps that stop most attacks: a dedicated wallet device with no SIM, no socials, no SMS 2FA; SIM locks at the carrier; $1 test transfers; and on-chain verification. Finally, we talk go-to-market: why Hong Kong and Pan-Asia come first, why Latin America is primed, and how a utility token and partner exchanges could kick off a domino effect toward industry-wide normalization.If you care about crypto adoption, user protection, and credible risk management, this conversation brings clarity and a practical path forward. Subscribe, share with a friend who trades, and leave a review with your take: should exchanges be required to offer deposit-style insurance?Support the showMore at https://linktr.ee/EvanKirstel