Jordi Visser
Macro investor with three decades on Wall Street, formerly president and chief investment officer of Weiss Multi-Strategy Advisers; now runs Visser Labs, advisi...
“This is the reality of the world we're going to live in with artificial intelligence for a long, long time. I have friends that have told me about their businesses being hacked, where they've had to reboot the business… we're just at this point where the attacks are on. And the one thing about crypto that makes it easier than a bank from the application side is that obviously you get in and then the money's just moving.”
The Pomp Podcast · October 2026
Context
Asked for his takeaway from the reported Binance hack, he treats it as part of a broader wave of AI-driven attacks across industries rather than a crypto-specific failure.
Transcript
…forward to into the end of the year. How is he thinking about the macro factors like interest rates, oil, and other, and how it's impacting his portfolio? And then we even talk about at the end some of the use cases of AI that we discovered this week and how we're putting this technology to work
…The rumors are that North Korea could be involved. I'm sure that AI cybersecurity concerns are going to be jacked up. Bitcoin sold off about 5% or so. And Binance is saying that they are going to backstop all losses by users on the platform. What's your general take away from a situation like this?
This is unfortunately. This is a story I've heard multiple times, not of this size, but the amount of hackings that are going on from AI. And this is the reality of the world we're going to live in with artificial intelligence for a long, long time. I have friends that have told me about their businesses being hacked, where they've had to reboot the business, where it's not just coins. And again, I'm speaking specifically in crypto, but I remember when I did Freedom Tech last month, and when I was originally talking to some of the people there, this has been going on, I would say, really since the June period where we've been having problems. You've seen it with companies too. I mean, I think Revolut had something go on, an apparel company.…
Now, it is definitely spooky season. I have my Halloween sweater here, Dad Tax. Anyone knows? Kids are very proud of it. They're going to learn something this weekend. But the reason why I call it spooky season is because people are definitely worried about this stuff, right? And the cybersecurity.…
So, I'm going to go, I'm going to take what you said, but I'm going to take it a little bit of a different direction. So, when you make a joke or this is bullish, the reaction is there. So, let's put two things into context. Number one, we had Google down 13%. Okay. Google, much bigger than…
If the volatility on the downside related to a hack like this is so muted, are you worried about the upside volatility in a bull market being more muted as well?
More from The Pomp Podcast
