In this episode of the Crypto 101 Podcast, David Schwed from Sovereign joins from the Out East Summit to explain why Near’s intersection of AI, privacy, security, and blockchain is so important for the future of crypto. He breaks down why privacy should be viewed as a byproduct of strong security, especially as AI prompts, sensitive data, PII, and MNPI increasingly move through systems controlled by major technology companies. The conversation covers quantum resistance, Bitcoin’s upgrade challenge, MPC vs HSM custody infrastructure, social engineering attacks, spoofed emails and phone calls, prompt injection, and why organizations need to understand AI security before giving agents too much access.
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Chapters
00:00 Intro
01:50 – Privacy as a byproduct of strong security
04:50 – Why Bitcoin’s quantum upgrade is a governance challenge
06:50 – Why quantum risk is solvable
12:00 – Fake Google emails and recovery-flow scams
15:20 – AI security and misuse inside organizations
18:15 – How AI can make dangerous mistakes
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