Episode #539: Zero Trust Everything: Rebuilding the Internet's Money Layer

About this episode

Stewart Alsop III interviews David Lachmish about decentralized cryptography and its implications for the future of internet security and governance.

In this episode of the Crazy Wisdom Podcast, host Stewart Alsop sits down with David Lachmish, co-founder of Ika, to explore the cutting-edge world of decentralized cryptography and its real-world applications. They cover the foundational problem of zero-trust custody and interoperability in crypto, breaking down why most people end up relying on centralized custodians despite crypto's original promise of removing third-party trust, and how Ika's novel 2PC-MPC cryptographic protocol addresses this with decentralized wallets (d-wallets) that require both the user and the Ika network to generate a signature. The conversation also touches on AI agents and the critical need for access control guardrails when agents handle real financial transactions, the philosophical parallels between crypto's growing pains and the early internet, decentralized governance and its potential to reshape how societies make decisions, and a surprising look at how decentralized certificate authorities could dramatically improve everyday internet security. David also gives a first public mention of an upcoming privacy-focused project called Encrypt. Links mentioned: - Ika website: https://ika.xyz - Ika on…

People in this episode

Host: Stewart Alsop III

Guest: David Lachmish

Topics covered

• decentralized cryptography
• zero-trust custody
• interoperability in crypto
• AI agents
• decentralized governance
• internet security

Keywords

• decentralized wallets
• cryptography
• zero trust
• AI agents
• internet security
• Ika
• Encrypt

Mentioned in this episode

Organizations: Ika

Products: Encrypt

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