A short transcript excerpt from a YouTube video by Kosta Ouzas. In this segment Ouzas explains how users need not entrust the company with their funds: they share an algorithm and act as consultants rather than taking custody of client funds, contrasting this with a personal anecdote about losing funds when a platform took custody and funds became stuck.
How do I trust your algorithm is. So this is what's really cool. So the first question is, what we do is you don't have to trust us with your money, which is the biggest thing. So you know when I told you at the start of the podcast, that thing that I lost all my money on, it asked me to send the money to it and he staked it. Right. Okay. And then it got stuck in their system and I couldn't get it out. Right. So. So firstly, what we do is we just share an algorithm. So there is always a risk on the exchange. But. But I'm never on my company. What we do, we never take custody of our clients funds. Okay. So we're more of a consultant.
