The Breakdown · Episode 818 · November 4, 2026 · 1h 59m

AI, Gold, Bitcoin, Privacy, and the 2026 Election

David Gokhshtein opens the show discussing the transformative power of AI, highlighting its role in business success and solving global problems. He expresses a bullish outlook on AI's potential to create a better world. The conversation then shifts to the nature of greed, with a guest arguing that people are greedy when acquiring gold, while David counters that buying gold is often about wealth preservation. The discussion expands to Bitcoin, with a guest criticizing its speculative frenzy. Later, Bill from the Web3 Foundation joins to discuss data privacy, the value of personal data, and how companies exploit it. He emphasizes Web3's mission to empower users with control over their data through technical solutions, not just regulations. David and Bill also reflect on the 2026 election results, noting the Democratic victory and the need for politicians to focus on constituents' needs rather than partisan infighting.

Indexed by the Research DeskTranscript AI-assisted from the recordingNot investment advice

Key points

  • AI is transforming industries and has the potential to solve major global problems, leading to a better world.
  • The act of acquiring gold is often for wealth preservation, not solely driven by greed.
  • Bitcoin's speculative frenzy is highlighted as a form of greed, contrasting with gold's role as a store of value.
  • Personal data is a valuable asset, with an average American's data worth over $1 million lifetime.
  • Web3 Foundation advocates for technical solutions to data privacy, empowering users to control their information.
  • The 2026 election results underscore the importance of candidates connecting with voters on everyday issues.
  • Companies exploit user data, and current regulations are insufficient to protect individual privacy.
  • The Republican Party needs to honestly assess its platform and connect with the struggles of the American people.

Transcript

Show the full transcript (5 segments, 18,548 words)

[Part 1 of 5] [00:00] I couldn't have done any of it without AI. If if we had not had AI, we would be $8 billion less. We five IPOs, none of them would have happened because I used the AI to design the securities and solve all the tax problems and all the securities law issues. You know, so I look, I'm a big believer in using AI to design new things. And I look, I'm just I I focus upon digital credit and security, but there's someone there thinking about how to make the car drive and cure cancer and like like aren't there like a hundred million problems the human race has to solve that we that you're like, well, you're going to need a thousand people with PhDs to solve that. Well, guess what? Now every 16-year-old has a thousand PhDs at their fingertips. And so I I'm very bullish the world's going to be a much better place and and we're going to see an age of empowerment and abundance because of digital technology. [01:01] People are greedy when they also try to acquire gold. Not really. I mean, people who buy gold are trying to preserve. greedy centuries. We have centuries of people being greedy to go ahead and acquire gold. Well, no, well, you're talking about to acquire wealth. Yes, people are greedy in that they want they want more things and there's nothing wrong with that. But when they're converting what they've earned into gold, that's not the greed part. That's the preservation part. I I I've I've earned all this money because I was greedy. Now I don't want to lose it. I want to store it so I can use it later. I don't want to blow it all right now. I want to hold on to it and, you know, gold is a way to do that. You can't really do that in a fiat currency that's just being printed, you know, into oblivion. So, uh, but but but, you know, the greed is in the speculative frenzy that accompanies Bitcoin. [01:54] They tell me that I'm the reason they own Bitcoin because they listened to me years ago about economics, about sound money and and and the Fed and inflation. And I'm the one that got them. Plus there's a lot of utility technology in Midnight that's going to make the use of Cardano safer. Like Midnight passport will be the fastest, safest and easiest way to use Cardano. So, we gain all the usability and it's enhanced to preserve it. Plus I'd argue Midnight is an essential component for Bitcoin, that Bitcoin D5. When you look at that side of it, you're like, okay, Bitcoin users, they want privacy. So, Cardano could do a lot of the heavy lifting on the programming side, but what if the private coordination layer is just for all that? So, we're actually working on with Hogan, our Bitcoin D5 setup, that we call it the the circle. So, you start with Bitcoin and tap root. I'm going to put 50 Bitcoin to buy on money into this. It's free Bitcoin. It works. But you start with tap root and uh Bitcoin, you lend it to a stable coin. So, that'll occur on Cardano through a specialized transaction through the token bridge. And then that stable coin would then be deployed into a yield bearing instrument. And then as you make yield, the yield is converted to Bitcoin. And then it's sent to your tap root. And then Midnight coordinates all this with privacy. So, you have like all three networks working together, and you have this circle. And then for the Bitcoin users perspective, you just give them a button. Make money. Click the button. And then it locks their Bitcoin, they just start generating a yield. The security actually enters the tap root of the Bitcoin network. So, it's my three rules that I have for Bitcoin D5 one. There's only three. No other. Bitcoin, Litecoin is better money than fiat, obviously, or better money than gold. I think it's I believe it's the best form of money that um humans have ever come across. Right? Money being a good thing that it's um it's inflation proof, right? No one no single person, company or or government can print more money, right? Can print money and inflate away the money you're holding. Uh you're storing, right? That's kind of one of the key things about money is if you work hard to make money, you don't want that money to kind of disappear over time, not from your own doing. Right? So that's that's key in Bitcoin and Litecoin and uh most cryptocurrencies. Um is able to to do that. [04:14] I could have the argument that real estate's better than Bitcoin. For a number of reasons, by the way, depending on who you are. Um, your audience would probably disagree because they're probably a bunch of, you know, Bitcoin maximalist. They don't have as much Bitcoin as the real estate guy. By the way. No, I I'll tell you right now, hold on, one second. See, that's the funny thing, dude, that me and my brother were talking about this yesterday. You know, the guys that know the most seem to have the least. [04:43] 100%. That that I can probably agree with you on. I think it should be a bigger issue within the crypto system and the ecosystem. What do you think? [04:52] I think it will be. I think privacy is going to be the the new if you want to in my view, and this is what I'm tasking the investment professionals that mail stream to sort of figure out. I think that the standout shitcoin or, you know, few shitcoins of 2026 to 2028 will be related in some way shape or form to privacy. We already saw the, you know, amazing move of Zcash over the last few months. Yes, it's down 50% from the 780 high, but I think again, my goal is, you know, my mental model is 10 to 20% of the value of Bitcoin. That's what Zcash comes up. So, much higher than where it is today. But, you know, taking away Zcash, what is the token project or protocol that's going to utilize some privacy technology, probably something related to ZK or knowledge proofs to do something whether that's quantum resistant, you know, the overlords can't deanonymize their data or, you know, see what we're doing. Whatever it is, right? These are things that we're latently afraid of of of what bad things that could happen with this proliferation of big tech, big government. [06:02] Trump getting elected and knowing that we share friends in the White House for all the populist parties of Europe who are under attack. Every single populist leader. If you look at the leaders, and my last documentary was called Silence. I got 18 months in prison for my last documentary. The reason I aired it was because the documentary was so bigger than me. It's exactly what they're doing. Lawfare has been weighed against if you go through, I pick any of them. Pick Hurt Builders, the leader of the Dutch party. Pick Marine Le Pen. Any politician in Europe, yeah? Anyone. Pick anyone who has stood up and tried to speak against immigration, and you will see a history. Matteo Salvini, I was with him two days ago, the the deputy Prime Minister of What first got you excited about blockchains? Think about it. Oh, wait. I bet it wasn't multi-million dollar hacks, exposed data, or finding somewhere safe to store your seed phrase. Was it? Maybe it was the idea of decentralizing a broken financial system. Maybe it was imagining a world where people own their own data and get to sharing the value it creates. Or maybe it was the promise of a fundamentally better way of connecting, communicating, and transacting. The next phase of the internet that empowers us instead of exploiting us. So, why hasn't it happened yet? Why are we still living with the same broken system that blockchains promised to fix? It's because blockchains can't keep a secret. Enabling open transparent systems was only the first half of the challenge. For blockchains to really change the world, they also have to be able to protect our sensitive data when it matters. And that's why we built Midnight to bring down the final barrier to mass adoption and unlock the full potential of the decentralized web. Let's build the internet we deserve. Together. [08:03] Ladies and gentlemen, we all know this in crypto, ownership matters. That's why Cake Wallet. Cake Wallet gives you full control of your digital assets all in one easy to use application. You can store Bitcoin, Litecoin, Zcash, Monero, and many more with just one secure backup. Swap between coins in seconds. No copying addresses, no complicated steps, and even includes Bitcoin Lightning for faster payments. And with Cake Wallet built in, you can use crypto in real life through debit cards or gift cards. Simple, secure, self-custody. Download Cake Wallet and take control of your crypto. [08:47] This is Houston. T minus one minute until full data blackout. All eyes are on you. [09:02] Breaking news. There is an astronaut conducting an emergency repair on a global communication satellite that could go dark at any moment. We have a second angle on this. [09:12] Is that guy on FOMO? Oh yeah. Yeah, let's get back to it everybody. [09:31] Breaking news. There is an astronaut. [09:39] Opportunity cost is simply this. Every position you take is a position you choose over something else. [09:53] It's just in. According to the astronaut's FOMO account, highest in the room, the satellite has been restored. [10:01] Yes. [10:04] For now, the crisis appears to be over. [10:18] Satellite's up and running. Positions looking good too. [10:30] There we go. United States of America representing. Socialism does not work. Digital assets is a better to move money at the speed of light through. People are greedy when they also try to acquire gold. I am here providing electricity and that energy that is necessary. I am the modern day Tony Stark. [11:00] There we go. United States of America representing. Socialism does not work. Digital assets is a better to move money at the speed of light through. People are greedy when they also try to acquire gold. I am here providing electricity and that energy that is necessary. I am the modern day Tony Stark. [11:30] There we go. United States of America representing. Socialism does not work. Digital assets is a better to move money at the speed of light through. People are greedy when they also try to acquire gold. I am here providing electricity and that energy that is necessary. I am the modern day Tony Stark. [12:00] There we go. United States of America representing. Socialism does not work. Digital assets is a better to move money at the speed of light through. People are greedy when they also try to acquire gold. I am here providing electricity and that energy that is necessary. I am the modern day Tony Stark. [12:32] Welcome to the breakdown. Episode 818 sponsored by Midnight. Midnight is the title sponsor of this show. Also Polymarket. Polymarket is the official prediction market sponsor of the breakdown. Obviously, if you guys tuned in to election night 2026 on the G Media Network, you would see that we were using Polymarket's map and I I got to give it to Polymarket. They were right on. They were right on everything. They hit on everything. Also, Cake Wallet. Cake Wallet is the most secure wallet that you can find in this industry. That's right. You can find Cake Wallet on the App Store, Google Play, cakewallet.com. Also, if you have a phone lying around that you're not using, you can download cupcake, all right, and store your wonderful assets there. Also, FOMO.family, you want to see people trade in 4K, you can go on to FOMO.family and watch your favorite traders write a thesis on why they're going into particular things. All right, it is 12:40 p.m. Eastern Standard Time. Um, I should say ET time. I don't know why I'm saying Eastern Standard Time, but ET time. Shout out to everybody who's tuning in. TikTok has restricted me. Uh, that's why I that's why I understand. We had about almost 3,000, 4,000 people tune in uh concurrent viewers tuning in yesterday for the coverage. And then all of a sudden, all of a sudden it went out. And they sent me the video, a clip of A Kill Patterson who has a show on the network. He he said he used the word I think pop tart when describing somebody. And to me that's not hateful. So they took down so they took down the stream because of that. It's just it's so weird. I've heard worse on national TV on mainstream media and here here we are TikTok at it again. I'm I'm talking about it was TikTok was absolutely it was crazy in there. It was crazy in there. Anyway, election election night. Uh, I said either I would be absolutely happy or I'd be absolutely sad. And like I sat back, obviously, I was watching everything transpire and I was just like, oh man, this is uh the the Democrats the Democrats took you know, it's it's a saying in sports. They took the belt to ass. That's what happened yesterday. And there's no other excuses. I don't want to hear people say the election was rigged. All this stuff no. This was this was this was you not coming home on time and your dad old school, your dad taking out that belt and and taking that belt to ass. That that's what that was. That that that's what I watched yesterday. I also watched the American people say, this is what I've been saying for months. If you guys are you know, you guys who tune in for new for those who are just tuning in, I've been saying this for months. I said, I'm a Republican. But at the end of the day, the economy is great. I think the economy is great. You look at the stock market, you look at the you just look around like the market is good. It it really is good. Inflation's down. Could it be lower? Yeah. But people will vote based on how they feel. That's it. People will vote based on how they feel. You can't tell people that everything's going to be okay when everything's not okay for them. That's it. It doesn't matter. I could be doing well, you can be doing well, people in crypto doing well, traditional markets, you can be doing well. It doesn't matter. There are people that are not doing well, that they they go to the gas pump, they see high prices. They go to the grocery store, they can't afford an extra item. It it's just you can't tell people that everything's going to be okay or you can't what what the Republican Party does is they don't acknowledge the people that are suffering. Simple things like economy is great. The economy is doing great. But we know we have a lot more work to do because there are we we got to get everybody on this boat. Simple things like that go a long way. Simple things like that just go a long way. And that's why the Democrats won yesterday. Number one, they had better candidates. Okay? They they had better candidates who connected with the people and they were just running on, you know, those I the Democrats were just running on normal things. Cost of living. Whatever. The the the default topic was thrown out there to the American people and that's it. The Republican side, what do we what do we really run on? Just think about what I'm saying. I know I'm going to get a lot of hate. Oh my God, he's not a Republican. Look at him. He's turning into No, no, I'm just I'm keep if you're not going to assess your party honestly, then you're not going to fix things. Bottom line. And if and if the Republican Party does not sit back and take a look at this ass whipping, you're going to lose in 2028. Bottom line. The only thing you have going for you right now is the Democrats instead of doing what they campaigned on, right away after the victory, they went on to social media and said, we're we're going to everybody. We're arresting people, we're going after people. And and that is not what the people voted for. The people are asking you, hey man, we need help. That's not the help that they want. Anyway, I'm just we'll analyze more of this stuff. Markets, technology, politics, AI, all this good stuff. Right now we have a guest that's going to join us right now. Um, Bill, we'll bring Bill on right now. Why can't I get my overlays to work? Why can't I get I'm not get my overlays to work. Come on. Bill from the Web3 Foundation will join us right now. As soon as I can get a handle on this, election night messed everything up. Anyway, Bill, how's it going? A pleasure to have you on. [19:13] Great. Thank you for having me. [19:16] Uh, I don't know. Into into politics or no? We can skip that real quick. [19:21] We we can certainly discuss politics. Um, I'm I'm actually calling in from Germany right now, so I'm seeing it from a little bit uh from a little bit elsewhere, but uh yeah, definitely following uh what's what's happening in the US. [19:33] What was the reaction? I mean, like what was your reaction? What was the reaction in Germany? I mean, uh were they watching the election? [19:40] Oh, yes. I mean, I think people are very interested. People are always interested, I think in what's happening in the US, sometimes more than their own uh politics here. Uh, but I think for everybody it was, yeah, it was it was quite a surprise. I will say it was quite a surprise for me as well. [19:54] Yeah, I was I was extremely I was calling for a red wave to come out of nowhere, but uh I was it was more like the Red Wedding uh out of Game of Thrones. And you know what? The people spoke and like everybody needs to accept that and you have to sit back and you have to look at why people voted a certain way. And it did look like the it looked like the Democratic Party came out as if it was a presidential election. That's kind of like the feeling that I had. Um, and the Republican Party, I I I think they're just I I I it had a lot to do with obviously I ran and all that. You can go ahead and take an hour or two to dissect this and you'll still have a whole uh episode or two or three uh to get around this, but it is what it is. The people again, the people spoke. [20:43] That is the great thing about democracy, right? The people can speak and sort of, you know, help correct course for the government when it starts doing something, you know, and this is a great way for, you know, any side, right? Any party to to sort of learn what the people want. [20:56] Just hopefully, you know, at this point like I I've been saying, hopefully we have a government that needs to be working for the people, not, you know, fighting and these lawsuits and please go to work. That is it. I think that's what all Democrat, Republican, independent, just go to work. Make America great again, the way you guys go ahead and chant out there. All right, let's let's go right into it. Uh, we just watched the most targeted election ad cycle ever. Before we get into the paper, how much do the platforms know about the average voter who watched it? [21:32] So, that's that's one of the amazing things, excuse me, is how much information, right, that people that these, you know, uh everyone in this industry, all of these firms can find out about people. Uh, a lot of people when they're using the internet, they don't realize how much data that they are actually giving up, right? Um, and especially now with AI, coordinating all of this data, you can really come up with, you know, much more information, um, about you than you than you think. So, actually in this paper is uh you you uh that Web3 Foundation commissioned, we found that, you know, over the course of a lifetime, you know, over a million dollars worth of data, inflation adjusted for a an American is gathered by these companies. Like so for how that handles, you know, in terms of elections and and voting, that that's obviously a part of it, but you can see just how much data is how much and how much that data is worth nowadays. [22:29] Data's worth a lot. Facebook's made a living on it. Uh, most people hit accept and just move on. Uh, why did Web3 Foundation decide to actually read all of it? [22:41] Well, this is really our mandate. So, we are, you know, a Swiss foundation, we're a nonprofit that is meant to make the world basically safe for your data. Uh, so we want to have, you know, a free internet. And while there are a lot of companies, I'm not trying to say anything bad about certain companies, but, you know, there's this old saying about, you know, Google and they had this don't be evil. Our job really is to come up with a technical solution so that they can't be evil, right? So that you can control your own data, uh, on the internet as opposed to just having to trust, you know, whoever, you know, whoever this could be, you know, Elon Musk, Zuckerberg, you know, any, I'm not trying to say any specific people, but it is much better if it is in the hands of the individual users. And so what we have seen is over the last few years with the rise of AI, it's become much easier to gather data and for this data to be used in lots of different ways. And so that's why we commissioned these papers to really look into how bad it is today. [23:41] How bad is it? [23:43] Very. [23:44] One one to ten. Ten? [23:47] So so on a one to ten scale, I would say it's an eight or nine because there are some ways that you can, you know, protect yourself, uh, from from getting this data. But unfortunately, a lot of this is really at the sort of at the government level, right? So we have things like the GDPR in Europe. We have thing, you know, that, you know, so if you ever see those, you know, uh, click accept, I accept all cookies. You know, that's just a law, right? There's nothing, you know, I could say, I can make a website that, you know, allows you to deny cookies, but it still puts cookies on your on your server. Like there's nothing technically stopping you from doing this. And so there are a lot of bandaids that have been put on this through the legal system, through the government system. And as as we've just seen, you know, governments can change. They can change their mind, uh, and they can just change in general. And so really, you know, what Web3 Foundation is what our focus is is coming up with technical solutions to this so that you actually can own your own data and store it yourself as opposed to trusting a government or large tech firms, etcetera. But actually trust yourself. [24:54] Ten working days to read the fine print behind one normal day. Uh, which number surprised you most? [25:01] That was a big one. So, actually, if you were to read all of the different privacy statements and ever of just what you use in an average day, it would take you over ten days. It's more than the works, the entire works of Shakespeare just to understand what you're agreeing to. Like that's that's literally impossible, right? For any, you know, average working person. And this is just assuming it's uh, you know, this this ten days, you know, uh, is actually just assuming it's regular wording, like a book, like an average person reading a book. But I don't know if you've read any like legal contract. It's not like a nice novel, right? So it's actually would probably more in in practice. And so what we've seen is this is really, you know, instead of providing more useful information to people, it's actually really hiding, you know, behind just so many words, so much legal gobbledygook. It that's not really helping people. What would really help people is if they had a technical solution where they could say, all right, I am comfortable sharing this data, I'm comfortable sharing this data, click, click, click, or, you know, or if you're not comfortable sharing it. And so really, you know, that's our goal. That's what we want to see and that's what we, um, you know, are proposing solutions our

[Part 2 of 5] [David] [00:00] to. [David] [00:02] Again, we're joined here by Bill from Web3, uh, the Web3 Foundation, uh, answering questions about reading fine print. Uh, walk me through a regular morning. Uh, what can my phone, my car, and my smart TV pick up? [Guest: Bill] [00:17] Yeah, so, you know, before you wake up, your your Fitbit or whatever other, you know, uh, wearable you're using, that's sending data about how you sleep, what time you wake up, what you do in a normal day, what is stressful, what's not. Your TV actually, depending on the the brand and the the settings, can actually be showing what's happening on your television twice per second. So that's, you know, thousands of times per hour, it's, you know, sending back. So you're watching the morning news and you know, these companies are able to coordinate, all right, what makes you stressed out, you know, versus on what's on the TV. Uh, you go to school, you know, your your kids go to school and their school is surveiling them and what they're doing on the internet. You go, uh, to work, your work is surveiling what you are are doing. Uh, and so, so really you are getting tens of thousands of bits of your data. And, you know, any one of these is probably not that big, right? All right, what did you buy on Amazon? When did you wake up? When did you go to sleep? When did you exercise? But when you start putting all of this together, you actually can get like, you know, an amazing surveillance state system, you know, built from all of these. And it becomes easier and easier to coordinate all of this and so to really, you know, get even you know, more, um, you know, more information than you think you're giving than from these, you know, individual bits. [David] [01:40] Your smart TV can log 21,600 screen observations in uh observations in three hours. Should people just turn off ACR? [Guest: Bill] [01:50] So, yeah, so this is this is automatic contact recognition. Um, By the way, where's the setting? Like, even if you want to turn it off. So, this is the thing, right? It it's always it's always hidden. You know, they don't make it easy. You know, you don't see when a a TV starts up like, hey, would you like to share all of your data with the the company that built this TV or with, you know, whoever. Um, so you you do right now this does require you know, a bit of work to to find this. So again, this is something that Web3 Foundation is really pushing for that companies, people should not accept that companies do this. They should push back on this. So that if if you're a TV manufacturer and you have this ACR or other, you know, privacy destroying, uh, mechanisms built in and everybody turns it off, well, guess what? You're not going to do it anymore, right? This, you know, the people have spoken again. And you know, it's sort of a, you know, capitalist democracy. So really that's one way we're suggesting that people, you know, sort of fight back against this is, you know, spending a little bit of time, finding those settings, turning them off, not accepting cookies. You know, the one thing I always say people should do if they want to be radicalized is just one time, you know, view which cookies you're actually giving. Um, and for an ordinary website, this will be hundreds of different companies you're giving your information to, you know, just for accessing one website. So it really is just again, just one time just do it and I think you'll be quite amazed. [David] [03:15] A lot of people just don't want to go through the settings. Uh, parents, uh, kids on school devices, family, location sharing. What should they know that they don't know? [Guest: Bill] [03:25] So, I I think the big thing just is that your information is valuable, right? That, you know, data is the new is the new oil. And everybody is sitting on a massive amount of oil in their backyards. And so I think just knowing that this is something you should be protecting, right? That when you ask something from an AI, you know, when you visit a website, anytime you do this, you are giving away some of this oil, right? And I understand, you know, you get some benefits from this from using these websites. But I think it's very important for people to understand that, you know, the internet today has been built on this system, right? Of basically, you know, taking people's data and, you know, getting value from it. But, you know, this is a system that humans made and humans can also change it, right? We can actually choose to use Web3 technologies to try to convince these companies to be a little bit more privacy preserving. And that really is what we're trying to do here. [David] [04:26] At 24% of these companies say your data can train AI. At least 24%, excuse me, of these companies say that, uh, your data can train AI. How should people think about that? [Guest: Bill] [04:37] So, some people may not be very upset with the fact that their data is being used to train AI. You know, AI is is a is a very useful thing. Um, but I think it's important to realize like, you know, that again, that data when you use it, that becomes a part of the AI forever. This information is in that training data, uh, forever. And if you look to another statistic here is, you know, eight of these ten eight of ten companies say that they can store that data essentially indefinitely. And so they can keep using this. So it's not as though you just have to worry about what an AI today can do with your data. But what can an AI 10 years from now or 20 or 30 or 40 years from now, uh, you know, do with your data and how valuable that will be. You know, 40 years ago, you know, in the 80s, you know, imagine, you know, trying to explain what, you know, an AI can do now in 2020. [David] [05:30] Correct. [Guest: Bill] [05:31] Right? So just think 40 years from now what it can do. So just, you know, I think people should be aware, be careful, and it's something that they should, you know, consider very, uh, consider more important perhaps than they have already. [David] [05:44] But people are using AI, uh, in terms of like OpenAI and Anthropic and and Google Gemini to, you know, talk to these, you know, agents or I should say AI platforms and they give out their personal information. Uh, I mean, you have people doing taxes using, you know, ChatGPT and obviously because they offer plugins and MCPs and and stuff like that. Would you be against that? Like, are you against, uh, you know, people going ahead and using, you know, obviously these companies to, uh, give or take, I just gave you the example to do taxes with? [Guest: Bill] [06:20] So, we're not certainly we're certainly not against AI. AI is is a is a very useful technology. Um, you know, but there are ways of doing it that still, you know, preserve privacy, right? Even if you want to use, you know, these and I think people should just first be aware, right? That it it's very easy to get caught up and just say, oh, this this friendly AI and I can give it my tax data, I can give it my health data, I can give it give it, uh, whatever. Um, but they should first be aware. And and second, you know, there are ways of like, you know, ensuring that data is deleted. There are, you know, different, uh, regulations that you could have or even, you know, from a technology perspective, there are, you know, tools like like Venice, a private AI, uh, where, you know, this this data is anonymized. Um, so people have to be careful, but I I'll be honest, you know, it's it's difficult right now. Uh, what we want to do is make this easier for people to know, you know, what they're sharing and to be able to use this technology, which really is great, uh, and useful, but use it in a privacy preserving manner. [David] [07:25] Um, prove prove what's needed without handing over everything. What does that look like for providing or proving your age or that you're a human? [Guest: Bill] [07:36] So, this is something, you know, right now, if you want to, um, you know, do something, right? On the on the internet, you need to prove that you're 18 to be on a on a gambling site, for instance. Uh, you know, right now, what does that usually entail? All right, scanning your passport, you know, which means giving, you know, all of your passport information, your birthday, your eye color. But there are ways using zero knowledge technology where you can just, you know, prove, okay, I am 18, right? Or I am a human. We actually have, you know, several technologies out there to, you know, prove you're a human and not a bot, right? And again, the traditional way of doing this, the sort of, you know, old-fashioned way is, all right, I'm going to give you all of my information. And that was not a problem, you know, when you're going to a bar and you need to prove you're 21. You show a person your ID, that bouncer doesn't remember your birthday and your eye color, et cetera. It's just, okay, he gives you back the card. But now, [David] [08:29] He's going to look at it. [Guest: Bill] [08:31] It's there forever, right? Uh, so we think we need to start adjusting to this new world where every time you share data, you know, that you're giving this forever. And so what we, you know, have been developing is technologies where you can give only the information that you need to these companies. Just prove, okay, I am 18, I am a human, or I I have whatever, as opposed to just saying, hey, here, have all of my data, have all of my oil and do whatever you want with it for the next 50 years. [David] [09:01] Uh, does this need crypto or can Google and Apple build this way tomorrow? [Guest: Bill] [09:08] No, so certainly other companies, uh, could build this. So, you know, blockchain technology is one way of implementing Web3 technologies, but it's certainly not necessary. And there's a lot of tools out there like like Tor, like Signal, uh, like Proton, that are very privacy preserving, uh, don't use blockchain, aren't involved in crypto whatsoever. You know, crypto is often, you know, I would say very associated, but from a technological perspective, you know, you don't need the blockchain technology at all to do this. Uh, you just need to develop the systems in such a way that they, you know, keep privacy, that they're developed from the outset to make sure that your data is not shared unnecessarily. [David] [09:49] Using stuff like IPFS, kind of thing. Is that what? [Guest: Bill] [09:53] IPFS is another good example, right? You know, very Web3, very decentralized, so this is an interplanetary file system for storing data. Um, but it's not stored on any particular server. It's not stored specifically on an Amazon server or or whatever. And so, you know, again, Web3 is much broader than crypto. You know, crypto is is one part of it, right? But any sort of, you know, the you know, uh, private communications, um, things that are decentralizing in nature, that allow people to come to decisions, you know, together as opposed to having some centralized entity do it. All of this is really part of the Web3 ethos. [David] [10:32] One thing every viewer should do tonight to shrink their data trail and where do they find your day and data? [Guest: Bill] [10:40] So, if you go to, if you want to find more information about, uh, Web3 Foundation and these these papers, uh, just go to web3.foundation and we have all the papers available, uh, online as well as the methodology and everything if you really want to dig into it. And I said that, you know, the one thing that you should do is the next time you see a cookie banner pop up, say, yes, I actually would like to see who you're sharing my data with. And I I bet you'll be very surprised. Uh, it was very shocking to me the first time that I did it. [David] [11:11] You know, being that we have a, you know, a lot of people use AI every single day, uh, and they have it connected to their either their devices or their, uh, in terms of your phone or you have it connected to your desktop. When that cookie pops up, I'm next time I see a cookie, you know, manage cookies pop up, I'm going to ask my AI agent to go ahead and read me exactly what is going on there before I go ahead and I reject everything, but like, I'm going to I want you to read me what I am accepting. Uh, but I I agree with you. We we have to protect our data. Like that's super important. Um, all these companies, they love the fact, I mean, look at these social media companies, man. They're making billions of dollars based on our data and they're creating wonderful products based on our data. I love you, Elon, but obviously he's using a lot of our data to go ahead and create a lot of wonderful things, uh, on his side of the on his side of the, you know, on his side of the yard. But I appreciate you coming on here today from Germany, making time, obviously. Uh, and what's the website where everybody I I have it listed anyway, but what's the website that everybody can come and visit? [Guest: Bill] [12:20] So it's Web3, so web, the number three, dot foundation. [David] [12:25] Web3.foundation, okay? You can go and check that out. If you care about your privacy, if you care if you actually care about your data and where it's going and you want to know more, go on to web3.foundation. Bill, thank you so much for taking the time out and joining us today on the program. [Guest: Bill] [12:41] Yeah, thank you so much for having me. [David] [12:44] That's Bill, everybody from, uh, the Web3 Foundation. He knows how to answer questions. Ask him, and you know what? I I got to give him to him. He was so focused. This, listen, I had a friend over one time, and I said, hey, man, I'm going I have a show that I'm doing. Don't don't come into the studio at all. I'm watching I'm watching Bill. And Bill is cool as a cucumber, man. The door creeps open. He felt it. He felt it. He he I think somebody was coming for his data. I think somebody was actually coming for Bill's data. Bill did not even Bill did not even flinch. He continued to I'm the one who was like, oh, is this going to be is this going to be that uh, that viral video where the kid comes into the room and like the dad continues to just talk, you know, while he's on I think it was on some news telecast. I think it was in uh, England or something. The guy continued to talk. I thought Bill was about to have this kind of situation happen. Uh, very intelligent guy. Uh, glad that he came on. Hopefully we can get him back on in in the next few months. It is important though, data. Data is important. Shout out to Bill, uh, for doing an amazing job. It's hard to come on to these, it really is hard to come on to these shows. I'm asking these, well, I don't know, maybe these questions are easy to some people, but sometimes I'll ask these questions and people are just like, I don't know. Deer in headlights. And they start rambling. Bill was like, I I I'm Bill had this uh, type of vibe. He was telling me, it felt like he was telling me just like, I will take on any one of your questions. You don't scare me. What do you think you are? What do you think you are? I'm Web3 I'm from the Web3 Foundation. He's probably going to go back. I'm just kidding. He's he He was, listen, I like I like that you know, you guys, you know, I I bring on notable people on here. And people that are notable within their industry. I like, you know, I don't really We bring on notable guests and stuff, but I like notable people in their industry that come on here. Like I try to hit him I try to hit him with the IPFS. It was it was on purpose. So he knows now that it was it was purpose it was on purpose. I I got to test him. I grew up with two computer programmers in my family. He was probably shocked I even knew IPFS. And I said he was like, oh, well, let's talk about this too. Dammit. I ain't get my moment. The word, by the way, I had I have this, obviously, my wonderful staff has this uh, all these questions lined up for me. And three of these uh, three of these questions were written backwards and I'm reading them backwards and I'm like, what what is happening right now? I was about to say screw the script. Let me just go off Let me go Let me just wing it here. Anyway, thank you so much. Appreciate Bill. Bill's a good guy. He's the VP of technical operations at the Web3 Foundation. Please go ahead and go to web3.foundation. Hopefully we can bring him on next time and, you know, hopefully we can have a that incident where somebody comes into his room and and and starts jumping all over him. I I don't know. Uh, again, thank you, Bill. Appreciate you. Uh, wonderful guest. We are here. It's 1:10 on the East Coast. Three hours behind. You're tuned into the breakdown. Um, guys, what what can I say, guys? What can I say to you guys? What can I say? I mean, we have I have the overlay here. Bitcoin, what comes next? Uh, but I can't I can't really talk about that right now. I I need to I need to talk about after the vote, what the midterms mean for the markets or maybe I just need to talk about I just got to air it out here. Um, let's just put it on markets, technology and policies. Or we can, you know, fuck this already. After the vote. Uh, let's just I sat here last night. We ran a show from 7:00 p.m. to 12:00 a.m. in the morning. I want to give a I want to thank uh, Kiel Patterson for being my uh, co-host here, sharing the platform with me as we went over everything that was happening on election night. Was I disappointed? Yes. I was absolutely disappointed. 100%. You saw it on my face. You can replay the show. You absolute I I don't know. I was absolutely I was disappointed. That was that was a belt to ass moment. That is a wake-up call to the Republican Party. There's a lot of things that are going through my head and I am trying not to say something that I will regret or that will be clipped up. But you know what? You guys have followed me for a really long time. I just speak my mind. And right now, there are things that are going through my mind where I'm like, you know what? I'm going to say something right now and that it might get everybody a little bit excited. From both ends. And maybe not in a good way, but I've talked about how Trump has done a phenomenal Trump has done a phenomenal job in terms of give me the timeline here. Allow me to go ahead and just break down the timeline. Trump has this amazing comeback. I've been in politics for a really long time. I've never seen or forget about even politics. I've never seen a comeback like the one Trump had. Where he was just left for dead. The legal system was weaponized against the man. His own party gave him no shot. Nobody wanted to really nominate him. They wanted to move on. And here's Trump who just has this amazing comeback story. From having the when the when the Democrats legalized weaponized the the legal system against Trump. People saw it. It's not just Republicans, it's people, Americans watched as a former president at that time had the legal system come after him. Where Democrats legalized it to put him in jail forever. They've watched they watched this in 4K. While the economy was tanking, inflation was going to all-time highs. The Democrats were way too busy trying to lock up Trump rather than do something about the economy, do something about inflation. That's the truth. I know Democrats will never admit this. But people who have common sense and put your party affiliations to the side here. The Democrats really first of all, Biden wasn't running anything. And I say that respectfully. Whoever was running the show in that administration, they cared more about destroying Trump than helping the American people. And that's bottom line. And I'm right on that because 77 million people voted for Trump. 77 million people came out to vote for Trump because they want to change. So again, Trump goes on this magical run. There's two to three assassination attempts on his life. We've seen, you know, Butler, PA, what happened there. He gets into office. He's rocking and rolling. I mean, there there is a there's a vibe. There's a different vibe. There's somebody, you're looking at Donald Trump and and he has there's this aura, whether you want to admit it or not, there's this aura to him that he's like we we finally have somebody with a pulse. And I say that respectfully again. And EO after EO and like, you know, I think people are excited. I think a lot of people were excited because they saw things were happening, things were moving. Iran is what happened. Iran gave people a talking point. Right now, the war in Iran is not helping gas prices. It's not helping the price of goods. It's moving inflation upwards. Even though our economy is good, long-term, I do believe that everything that Trump has tried to do will work out in the benefit of the American people. But short-term it hurts. And people are hurting. And people are looking for solutions. I've listened to a lot of people talk out here. Not Panikins either. I've listened to a lot of people give their thoughts on yesterday's ass-whipping. Because that's what it was. It was an ass-whipping. And now I question, yes, I know Iran was absolutely close to a nuclear weapon. I absolutely want to see the Iranian people free. I want them to take out the terrorist government and regime that you have in Iran. 100%. I won't go back on that. But now you have to sit back and you have to really honestly question, was it worth it? From this standpoint. We have people who believe in communism. We have people who believe in communism. I just want you guys to hear me out. I don't if you're a Republican, you're a Democrat, independent, just hear me out here, okay? Hear me out, let it marinate and then you can call me a motherfucker or you can say he, you know what, I fuck with David on on this on this particular topic that he's touching on. Everything is going right and then we hit Iran. I'm not saying other things weren't in the works. I'm just saying Iran was a big thing because Trump ran on no new wars. He was very clear on that. And yes, things change when you become the President of the United States of America, something might happen to where you have to go to war. You have no other choice but to go into war. I don't believe Israel, the whole conversation about Israel dragging the United States into Iran. I don't believe that because here's the reason why I don't believe that. There's two reasons. One, Trump's ego is hella big and he will not allow Bibi or anybody else to tell him what to do. Second, if you replay the tapes of Donald Trump as a young man, for 40 years he's been saying that Iran is the enemy. Iran needs to

[Part 3 of 5] [00:00] be taken care of. We cannot allow Iran to grow to the point where they have a nuclear weapon. He didn't just come into office and just say, you know what? I'm going after Iran. [00:11] He's been talking about Iran for decades. So I don't believe the whole stick of Israel pulled him in here. That that is that is what the socialist left is using along with the woke right. They're using these topics because Israel is a hot button. Israel gets engagement. Israel gets viewership. [00:40] That's it. You say something about Jews and Israel, you're going to get the viewership that you're looking for. That's the hot topic. And that's being pushed by the elites because they know, they know. That's how they get back into power, which you saw last night. Israel was a hot topic. Anybody pretty much who received money from APAC lost. Most of the candidates lost. [01:13] And they made it very clear like, hey, that person is getting APAC money. So, not only are they trying to push socialism/communism into the United States of America, telling you that capitalism doesn't work. And and you know what? For some people, capitalism doesn't work because when you have, you have to work. And what the Democrats have done a good job of is, don't worry about it, depend on us, we'll take care of you. So when you have, when you have this instrument in play where we'll take care of you, the government will take care of you, people become dependent on the government. Capitalism won't work. Because people are dependent on, I'll say it again, the government to take care of them and bail them out. You have people that Al-Said, like him, and I do have a problem with him and the way he thinks. He's somebody who won't answer the question. Yesterday, as he accepted his, you know, accepted the victory, he was trolling. But every joke has some truth to it. That was really my biggest concern is letting these socialist communists who don't believe in the fabric that we have here in America to let them come in here and start changing what America is and what it looks like. You know, a lot of people talk about, it's funny, you know, when I started podcasting, when I started doing shows, I talked about, I talked about topics politically. And again, I go back to talking about England and how England would change and how people would come on and say that England is changing and if you look at England, it has changed. The UK has changed. France has changed. Bottom line, it's changed. The culture has changed. Kil Patterson was on here and he said he went over to the UK and he didn't recognize it. If you read a book on, I said this already, if you read a book on London, if you read an old book on London and then you go visit London, the book doesn't match the current scenery. That's it. It doesn't match. So, Matt Walsh, I I think he got it right. I I don't I don't know the exact I I don't know the word for word for the exact tweet that he put out there. But it was more something to the liking of, I'd rather have focused our energy here than have gone to Iran. Because now, okay, we went in Iran. We win the war in Iran, but we've now let in more people that absolutely despise America. And Al-Said is is not the only person I'm going to pick on on this. There's there's plenty of individuals that we can go ahead and talk about. And it is a very disappointing. This is not a this is not a Republican thing for me or Democratic uh, you know, Democratic Party conversation. This is, for me, it's about America. If you gave me a a box right now and you told me pick one, Democrat, Republican, independent, or pro-America, I'm clicking pro-America. That's what I am. That's it. You want to say American first, but it's not the one that Nick, you know, I'm not America first would be something that's totally different than what Nick Fuentes is running on. But yeah, I I want to see Americans put first. I I I don't want to send money to all these countries. I don't. I don't I don't I don't feel like printing money and sending it all over the place. It doesn't matter who it is. Americans deserve to go ahead and be taken care of. At the end of the day, it's it's Americans who deserve to be taken care of. Our infrastructure is falling apart. We need to take care of that. We need to we need to really focus on America. You you sit back and you think about these things now. Was Iran worth it? And that's bottom line. Was was it worth it? And I know, I'm listen, I know Landy will give me shit. I know there will be a lot of people um that will give me shit for saying this, but I have to sit here and honestly assess like, yes, I don't want Iran to have a nuclear weapon. I don't want them to have a nuclear weapon. And I commend Trump. I will not take it back. I commend Trump by going into Iran and and attempting to take that regime out and to get that uranium and all out of Iran. I respect the fuck out of it. But it cost us, I think what we did in Iran has cost us in America. I think there will be a cost. Again, I'm not going to panic. Could things change in the next two years? Could we get back our country? Everything's at play. The next two years are very important, especially for the Republican Party. The Republican Party better sit back and take this absolutely seriously. If the Republican Party is sitting here thinking that, oh, no worries, 2028, we're going to get No, no, no, no, no, no, no, no, no. You're out of touch with the people. And I've been saying this for week not if not weeks, for months, I've been saying that there are people that are absolutely not doing well in this country, even though the economy is better. Okay? Even though the economy is better. Even though inflation is down, there are still people that are not doing as good as you. That's just bottom line. That's it. It that's that is the truth. Now, the Democrats can fuck themselves up here. This might be a blessing for the Let me let me say this also. This might be a blessing for the Republican Party. Because now you're going to have the Democrats. They have full control of the Senate and the House. There's no excuses. They cannot come up with any excuses now. They need to deliver on what they campaigned on. The same way they put Trump's feet to the fire, now your feet are to the fire and you need to deliver. You need to absolutely deliver on your campaign promises. And guess what I already see. The first thing that the Democrats have done is run onto social media to talk about subpoenas. To talk about how they're going to go after everybody and they started listing names that we're going to go after the administration. That is not what the people want. Maybe some of the lunatics, but most people elected you because they felt like they could not afford things in America. They felt like they were struggling day-to-day, so they went with you. Even some Republicans and independents voted for you. Okay? I'm pretty sure a lot of Republicans in Texas voted for you. So you would come in here and figure out a way, figure out a way to help them get by. Not for you to run onto social media and say that we are going to go after every single person we don't like. That is not why they voted you in. So for the Republican Party, this is probably a blessing in disguise because one, you will have the Democrats come after you. They won't probably they they're definitely not going to pass any of your bills. But that doesn't matter because you had Senator Thune who didn't do shit for your party either. Senator Thune did absolutely dog shit for the Republicans. Nothing, zero, zilch. Okay? The Republican Party, by the way, maybe it's a blessing in disguise that you got rid of some people that absolutely were not on the same page with Trump's agenda. Maybe it's a blessing in disguise. By the way, the candidates that you guys put up, the Republican candidates that you put up were dog shit. Were absolutely 100% grade A dog shit. Horrible. Horrible. Not one, 90% of these candidates that you had from the Republican side did not connect with the people. They just did not connect with the people. The right thing would have been leaving, and I say this to Trump respectfully, leaving the current people that you disagreed with in place because they had some sort of vibe with their state and counties. Monday morning quarterback. It's easy for me to sit here and and say this then and the third. I'm looking at this as this is a horrible loss. This is a belt to ass. The Democrats, I believe, will shoot themselves in the foot because they're they're their fascination with going after Trump will not allow them to deliver on their campaign promises. They can't stand Trump. They want to do everything possible to break Trump and that administration. So for the next two years, that's all you're going to see. And it's not going to help the American people and the American people will see that. And my thing to everybody is this, it's very simple. In 2024, the people voted out the Democrats and brought in the Republicans because they believed the Republicans could change things. In 2026, in the midterms, they they watched for two years. I think people understood, hey, like this is going great up until Iran. They started feeling it in their pockets and they went out and they voted accordingly. That's it. And that that's as simple as it can get. You got two years. The Democrats have two years to showcase that they can go and run a government. That they can deliver for the people. If the people watch them just chase around, try to impeach people, lawyer up, do all this stuff, they will absolutely vote them out the same way they voted them out in 2024. I'm telling you. It's going to be a vicious cycle. People on I'm at some point people are going to start losing their party affiliations. You need better candidates. The Republican Party needs to you need to find candidates. You need to find candidates that connect with people, with the younger generation, with the older generation. You need people who connect. Okay? The reason the Democrats won yesterday is because they found people who connect with the average American. That's really it. They connected with Republicans, they connected with Democrats, they connected with independents. The Republican candidates couldn't connect an iPhone charger into the wall. That's what you had yesterday. I thought, and I was wrong. I thought we would have a red wave. I thought the polling doesn't really indicate how Republicans come out. Guess what? I was wrong at how mad the Republican Party is at its own establishment. They hate the fact that they went to Iran. They hate the war. They hate the fact that we got to call it for what it is. The way it's been pushed out there psychologically, they hate the fact that the United States is aligned with Israel. And it sucks because Israel is an ally. But a lot of Americans have been so brainwashed to believing that Israel controls the United States of America that they hate the alliance. That's it. That that's just that's just the truth. They hate the fact that we're sending money to other countries, but we can't go ahead and take care of our own people. The people were angry yesterday and they went out and they voted accordingly. That's it. Like the number, look, numbers don't lie, people do. And the numbers say that I'm right. Like people got angry, they went out and voted. And it's not just Democrats. I'm pretty sure Republicans along with independents also voted for Democrats yesterday. That's it. I expected a red wave. What I watched yesterday was a red wedding and that is something if you watch Game of Thrones, you know what I'm talking about. What we saw was the red wedding. Now you have to ask yourselves, really, the Republicans have to ask themselves. I mean, J.D. Vance came out, Trump came out, they all conceded to the fact that the war in Iran was a major problem. J.D. Vance went a step further and said the alliance between the United States and Israel was also a problem. J.D. Vance is in a bad position now too. I like J.D. Vance. He's in a bad position. I don't know if people are going to vote for J.D. Vance. You might be looking at Rubio. You might be looking at DeSantis. These might be the people who are going to lift up the Republican Party. But right now, it comes down to people vote at the end of the day, it's what I've been saying for a long, long time. People vote based on how they feel at that current time. If people are struggling, they're going to vote for the party that will tell them that they will help them in their struggles. And that's it. A party like the Democratic Party will go out there and did go out there and they campaigned very well and you have to go ahead and tip your cap to them. They campaigned really well. That is one thing the Democrats do is they campaign extremely well. The Republican Party are just not good at campaigning. They're not. I'm a Republican. I'm telling you that the Republican Party has a bad Anyway, red wedding. If you watch Game of Thrones, red wedding. That's what it was yesterday. A belt to the ass and maybe a wake-up call that the Republican Party needed. But ultimately, like I said, for me, it's about America. Not forget about Democrats, forget about Republicans. Americans need to be taken care of. And that's what Americans said yesterday. Americans told you it's time for Americans to be taken care of. That's it. Whether that happens or not now is a different story. Everybody gave their, you know, the wonderful victory speeches. A lot of people happy. But again, when I see automatically on social media, the first the first tweets that go out are, we're going to subpoena everybody and we're going to impeach. That to me tells me for the next two years, a lot isn't going to get done. That's it. And that's bottom line. So don't don't get excited. But this is the Democrats auditioning for 2028. And that's if if they the Democrats could win they could get back into the Oval Office. If they if they look at this situation right now and say, okay, the people have gave us the Senate and the House. And they take it and they run with it and and they produce and they show that they they can work with Trump and they can work with their fellow colleagues on the other side of the fence. They'll have a an amazing chance to win. That's it. Like that is the like I I'm telling you like do not think for a second like it it is a what was it? A year ago, they had the Republican Party 75% holding the House and Senate. A year later, it flipped where the Democrats, obviously, went ahead and took the House and Senate. Things can change in a year and the Democrats better understand that because I'm telling you again, being repetitive, the American people will vote based on how they feel at that very moment. And most Americans don't want to go to war. They don't want their money being spent on wars. They don't want their money going to other They just don't want none of that stuff. They want they want good health insurance, they want jobs, job creations. They want to be taken care of. They pay taxes for a reason. They want to be taken care of. Take it seriously. Take it seriously, man. After this ass, listen, after this ass whipping, I'd take it seriously. If I'm the Republican Party, I take it seriously. These are these are I got to tell you, these are conversations these are conversations that are uncomfortable, especially when I'm speaking like I'm a Republican, but I I I I can talk with I I I can still socialize with Democrats, independents, libertarians, like I I I communicate. I don't scream, I don't bark, I don't do none of those things. I can have a conversation with anybody. But this is an honest conversation about the this party. Like this party if forgot what it campaigned on. That's it. That that's it. Anyway, welcome to the breakdown. That was the red wedding, man. And I had to sit there and I had Democrats trolling me. I had independents trolling me. I had my own co-host trolling me live on television. We were broadcasting everywhere. And I'm sitting there like and I have music playing in my head. I I I forgot the song. Uh It was kind of like I think R.E.M. uh it's the end of the no, I'm just kidding. It was it wasn't that serious. Um, we will have we will have more discussions on this. Um, but we will have the chief commercial officer on from Treasure on, uh, Danny Sanders to go ahead and talk about the markets and hardware. Why not? And if you don't have if you don't have your assets secure, what are you doing? We talk about this all the time. I yap about this all the time. What are you doing? What are you doing? It's crazy. And we haven't even touched on we really I've dove obviously deep into what has happened last week with everything that happened with Binance, $6.3 billion. taken. You imagine if Binance couldn't cover that? What position we would have been in? It's crazy. Anyway, let's bring in Danny. Danny's been waiting. He's early. I like that. Danny came early. I appreciate that. Let's bring him right in. Danny, how's it going? [03:52] Oh, good. Can you hear me well? [03:54] [David] I hear you well. Thank you very much. Appreciate you coming on. Um, all my I love the fact that everybody comes on early so we don't have to I don't have to start yapping and yapping and yapping and and bore my audience. Uh, markets, uh, what do you think about the markets right now? [04:10] [Guest: Danny Sanders] Yeah, so so so I mean I'm in I'm in Europe, so there's a lot of stuff around politics now that you were talking about that seems to impact the markets, right? So I think uh we see some green today, which is nice to see. Um, it was I saw this take on uh midterms and basically Democrats like if you're a Republican or or a Democrat, but maybe long term good for Bitcoin because they like to spend money and ultimately that's where Bitcoin is is very strong and and at the same time maybe they like to confiscate some wealth and that's then you need some privacy, right? So so maybe for certain coins it's it's not so bad, but but uh I'm not so deep into the politics, but overall market has been of course like shrugging off the the big hack of Binance that that normally shakes shakes some trees and and needs to be digested. [05:06] [David] Um, Binance says uh this started with a fake job interview and an internal AI tool. If a company that size can get social engineered, uh what does a regular person setup need to look like, Danny? [05:19] [Guest: Danny Sanders] Well, like actually very simple, I think. I think the problem is that these setups are very complex and uh if one one def uh who wants to get a job somewhere else can can can basically and use the company laptop can can like create a $6.3 billion hack, that's that's just the the reality we work in. You have to imagine like these exchanges like they have a lot of people working for them and like the the complexity of the setup, a lot of people with access with able to to like basically press certain buttons, that's a real risk. Uh and when you are when you're custodying funds like Binance, basically everything becomes a risk because you need to get into the systems and when you get in like they they have they have done multiple waves of this attack. And and as a single person, like if you can keep it very simple,

[Part 4 of 5] [Guest: Danny] [00:00] Oh, if you can, you know, secure your funds, let's say on a hardware wallet or self-custody and and basically all you need to do is protect those those words that backup. And and in in security, it's like always the saying goes, the the least attack attack factors, right? The least things that can attack you, the more secure you are. We're an exchange, like it can come from anywhere, but if you're self-custody and you do proper security hygiene, you should be fine actually. And and this is uh uh still like I think the the scary thing is that it's up to you. You're you're in control yourself and and not everybody's always feels ready for that. [David] [00:40] Someone with coins on an exchange right now, what should they do this week? [Guest: Danny] [00:45] Um, I always say it's good to self-custody, right? But I'm talking my own book, so that's uh that's to be expected. But I think it shows one once again, like this year has been rough, right? We had the Bitcat and then Binance. And I think this is maybe the biggest hack in the ever. Like it's it's that big. Um, and then now you saw yesterday you saw a bank, French bank. And basically, yeah, it's it's it's really hard to to secure the stuff. So I think with the speed that AI gives attackers and like the complexity uh to secure that and and and and the cost of an attack going basically to zero. I think it's time to trust yourself basically. And don't trust anybody else. And like and and and learn and educate yourself on how to self-custody and and withdraw your coins and and keep it simple, don't make it too complex. [David] [01:44] AI is making Fisher uh fishing uh cheaper and uh better. What's the new attack you're most worried about for regular holders? [Guest: Danny] [01:53] Yeah, so so for regular holders, it's it's actually always been the same. It's just speeding up and getting worse and it is it is social engineering. And like the Binance hack is social engineering. It's basically, you know, they they scam somebody making them believe they're in a job interview. And it's the same for average Joe. So, so basically, uh uh the the from like we get crazy in in our world about hardware, laser, laser shooting on a chip and oh my God, it's hacked or whatever in some lab environment. That's not how people lose their funds. And even recently like we had we had these implants in in in in main uh competitor and and lost funds and we also found one ourselves. Um, which is very scary and like people rightfully so freak out. But like that's not where the majority of funds are lost and how people lose their funds. It is social engineering. It is people getting after your your seed phrase, right? These 12, 24 words. And basically, um, what now happens is with all the data leaks that is happening in our industry, in hardware wallets, even we had our issues there, uh, all the brands basically, but also in exchanges, the data leaks, but also in the banks or I was one in in Denmark and and think in Moldavia today, like like millions of records are going out there on the dark web. So basically an attacker can create the social profile of you. It will basically know everything about you because it will stitch all these data together, right? Somewhere here, maybe you lost your address, somewhere there your email, somewhere there your social security number or your your your your passport or whatever copy. Yeah. And and that's basically where the average holder should be most careful about. And that's where most people still, yeah, they will lose their money because they basically get convinced by somebody trying to look very real. And, you know, those are very like panic moments and you're you're not really thinking clearly in these moments and with all the data together and and also using AI to grab all that data and and and create fake websites, fake emails, uh all this stuff. It becomes real serious. It looks real really real. And that's where you need to train your brain to basically say every day in the mirror, you wake up in the mirror, it's like, I'm not going to give my seed phrase today. I'm not going to give those words out today. And that's kind of where it's at. [David] [02:48] Zach XBT uh says hardware wallets are garbage. What part of his critique is actually right, Danny? [Guest: Danny] [03:44] Well, like his his he's talking about the very advanced use cases. So he's right in a way that if you do a lot of um like if you're like uh you need to do a lot of big transfers uh or like you need to do big transfers not even that much, but now and then with a lot of value, um you shouldn't use hardware wallets uh probably because they need to suddenly need to be updated or uh the the UX is maybe not built for that. And he basically sets up like he believes in like uh uh uh use an old iPhone and and and basically um set that one up uh in in a specific way that works for like very fast activity but secure and and not too many attack factors if you do it right. I think where he's he's got it wrong and I I think I I also tweeted about it at the time is like it's not really for the general public. Like setting up an iPhone and and and doing like an air gap solution, it's not that easy always. And you have a lot of attack factors there with all the like the the Bluetooth and the Wi-Fi and and the 5 5G and basically uh general purpose software that you have that has a lot of lines of code. So if you know what to do, yes, it works quite well. But if you the reality is like there are a lot of people self-custody, they're like a lot of them are newcomers or they don't have these like advanced experience to know how to do that. Um, for those it doesn't work. Actually a single purpose device, uh a very simple hardware wallet is is the best where they can set up in an easy way, but they don't have to worry about air gapping it or like taking uh turning down all the communication channels and these kind of stuff. [David] [06:24] A tampered uh treasure was uh reported from a reseller. How does a regular buyer know the device is clean? [Guest: Danny] [06:31] Yeah, the the best way we always advise is um is to basically buy direct. And uh uh we we use resellers. Uh our competition also uses resellers. Sometimes you have to because certain countries we cannot sell directly. It's like complex with um with uh duties and and import and and and and certifications. But generally just buy from the vendor yourself directly. Uh that's the age old advice. And uh it is true that like the author uh the authorized resellers, there's kind of a network that that hardware wallet uses to to basically authorize certain um uh shops in a certain country to sell your products. They they should be vetted very carefully uh and and very securely. And I think after this effect, after this situation that happened, uh like we are all looking at this uh very rigidly. Like we're reviewing the whole network we have, we're reducing the the the resellers. We are having setting them basically very like very careful um requirements that we need. Like think about, you know, you cannot take a product back, for example. Uh that that should all be legally uh locked in. Uh you you can only sell to a specific um uh country or specific region and and and basically way more checks and balances to ensure this doesn't happen. Uh luckily we we we found also we found one implant and no funds were lost. We were relatively maybe fast. Um but it's it's a wake up call. But basically for for again for the for the average just buy directly from from from Treasure. And uh because the more hands the product goes through when it comes to to you or yourself, then uh the more risk you get that somebody gets in between. And and of course we have a lot of stuff on the product as well. We have um packaging that, you know, you have to rip open with a with a plastic seal. We have stickers on the on the ports. There's a lot of stuff there, but like with enough time, money and uh focus, you you can get through a lot if you're if you're an attacker. [David] [08:51] Danny, do you think people like, you know, obviously, you know, you represent Treasure and there's Ledger and there's all these other obviously cold wallets and we've seen cold card, you know, $200 million worth of Bitcoin. there is, you know, people are doing everything the right way, right? You people are being told, hey, not your keys, not your crypto, don't keep it on exchanges, get yourself a cold wallet, you know, put it on there, put it away, put it in a safe, make sure that you don't give out your seed. Whatever like they're people have done everything possible to do everything the right way and in turn, they got drained for doing everything right. Like they didn't connect, they didn't connect, they didn't click any links. They just woke up one morning and their funds were gone and they were told, hey, well, you know what, you can always make it back. And do you see because obviously you're you make a good product. Like, do you see now, like you know what kind of product you're creating, but like, do you see pushback? Like because of all the things that have happened with cold wallets, is there pushback that you you're feeling and your company's feeling like, well, people are a little bit hesitant to get the actual hardware for at least the time being? [Guest: Danny] [10:10] Yeah, no, for sure. Like we of course we're deeply connected to the community and and all the chatter around it and people uh generally have lost some faith, right? They have they've been like they're worried like is this like should a literal words at the time where I'll just put it on an exchange. [David] [10:29] Yeah. [Guest: Danny] [10:29] Right, I'll just put it in an ETF, which is like the worst for me, like in this industry. Like why are we here? Like if that's the future. [David] [10:35] Well, that's that's what's happening, right? A lot of people say, [Guest: Danny] [10:38] That's what's happening. [David] [10:38] forget this place, I'm going to get an ETF because I'll have insurance there. Anything happens, like my money's safe. [Guest: Danny] [10:45] Yeah, so like that's a lot of the sentiment. I don't I think in reality, maybe that's not where the buying behavior is changing a lot. I think this, you know, crypto Twitter is a is a emotional space. [David] [10:57] Absolutely. [Guest: Danny] [10:58] Uh and and people get riled up aggressively. That's not the market, to be very honest. Uh I think it's very important to filter that out. But I think you're right, right? Like and those are the hardcore users and the users who care most. And and they they lost some faith. And and then, you know, an exchange get hacked for 6.3 billion. And that's like the other side. And then and then maybe one an ETF will get hacked one day. Like who knows? Like this huge honeypot. How do they secure the coins? It's Coinbase. Like there are all these risks. [David] [11:28] Danny, if you think about it, it's crazy. They they go away from let's say cold wallets, they go back into let's say one of the safest exchanges, Binance, right? Binance gets hacked for 6.3 billion. [Guest: Danny] [11:38] Yeah, exactly. [David] [11:39] They're like, why am I even here? [Guest: Danny] [11:41] The bigger emotion is not our hardware wallets. The bigger emotion is like, what do I do? Like, where am I safe, right? Like where do I go? And like I think then you have to stand you have to take a step back and I think try to be uh uh to calm down. And also like check the numbers and like the facts and basically cold card was a really stupid bug. Yeah. It's like the the basic stuff a hardware wallet should do, the random uh the randomness. Like I I don't know why it wasn't found out for so many years. It's kind of ridiculous. Maybe because they were not really treating researchers well to find bugs. But basically that was a that was a a bad thing to do. It was like you should not do that if you're in in in in this space for a long time. Uh and and okay, that that hurt a lot of people, especially in the Bitcoin community. But like it doesn't mean the things are broken. It's just like it was one company who did not um who did not basically have the core one of the core features of a of a of a hardware wallet well set up. So I don't think like then if you zoom out, last five years, uh $30 billion was um lost on exchanges and basically $220 million, $230 million on hardware wallets. And that's basically cold card hack and and the the recent ledger trains that we had. Like that's like the differences are huge. Yeah. And like I I get the emotion, but like you can it's it's kind of arguably clear that hardware wallets are still probably the the safest way to store your coins. Um and I think another part that creates a lot of emotion is the data leaks. I think that's really pissed off a lot of people. And again, like there was a Coinbase data leak recently. And like exchanges leaked again, like huge multiples more data than hardware wallet companies. So it's like everything in perspective, but this is quite bad because specifically when you own a hardware wallet or you self-custody, you know, your address feels really close to you because, you know, you somebody will stand maybe the the the main fear is somebody will come with a $5 wrench to your house. Yeah. And that also create a lot of uh a lot of emotions when when and we had our own fulfillment hacked, which was really painful because it was the first time also in Treasure where where home addresses were involved. And we do a lot of stuff to protect that, but fulfillment is like a basic like logistic provider to ship products and you need to work with them if you want to sell products globally. Um but like we need to innovate and we need to improve and we need to show also to those to those community that we're like we're willing to do hard stuff and change things and we are now working really hard on anonymous pickup. Uh that's going to be launching in a few days in Europe. It's already live in a few countries. And what that means is that basically you just need an you just need like an alias email and a nickname and you get a pickup code and you just go to like in Europe, you have all these locker boxes around you in a few minutes, you walk out, you pick up your treasure. You don't leave any data, not at Treasure site, not in the fulfillment or the logistic partners. And that's where we're trying to push quite hard now to really innovate not just in product, but also in in like how we sell. Uh because also when we talk about some implants or whatever, basically saying, hey, you just buy directly, but then they say, oh then but then you're non-liquid with data. So we need to basically solve um solve all these problems. And and we're quite uh quite quite working on this for basically this year to get that done. And that's will be quite big to do. Then US will follow soon and then we'll do the rest of the world. It's quite painful because you have in all these countries, you have your they have their own little postal service, they have it's like their own APIs. You just have to stick them all together. You have their local uh privacy rules in Europe specifically, those little countries and we're trying to make one simple clean checkout. And in the back end, there's this whole patchwork of of things stuck together to to to basically also be anonymous when you buy a hardware wallet and and trying to solve these problems. [David] [15:42] Well, I hope you guys uh not when I say I hope you guys make a comeback. Uh what I mean by that is I hope hardware wallets go to the next level. Obviously, AI is uh is is really, you know, I think in my it's my personal opinion, um AI has sped up so fast that companies like you and others need to go ahead and essentially keep up with it. Uh my my concern has always been, uh I've never put down your companies at all because you guys are a fabric of crypto. Um and I I still think it is the safest route to go, but for those who are investing into cyber security or investing into running simulations on their devices to make sure that there are no uh bugs or any loopholes that somebody can go ahead and use to go ahead and drain people. That that that's really what it comes down to. I think the people or the companies that figure out that hey, we got to invest more into in security, into cyber security and security in general, uh will ultimately win out. For you know, you mentioned cold card, it was something that simply they could have gone ahead and used and thropics code to go ahead and figure out, uh but they didn't because people have become complacent and you can't be complacent with super intelligence ever growing here now. Uh and especially when you, you know, people are trusting you to in a sense handle their money. Not that you're personally handling their money, but they're using your device to handle their money. So they're trusting that you have done everything possible with your team and with your company to make sure that they are putting their assets on one of the most safest devices possible in this industry. So that that that's really I'm not one to go ahead and destroy people, you know, because of an incident because incidents happen. Uh Equifax, 325 million people's data was leaked out. Uh you know, I think there it's more dangerous right now for web 2 than it is for web 3 when it comes to AI because you have classical computers out here that are vulnerable to all these type of hacks. Um but I'm just hoping, listen, I'm hoping that you guys rebound because people are looking for wallets, you know, and they're looking to trust them. [Guest: Danny] [18:06] I I I'm I'm like glass half full kind of guy. I think this is the great hard. [David] [18:11] And by the way, I'm not just talking about your, I'm talking about everybody in the cold storage uh field. I'm not talking about. [Guest: Danny] [18:14] Oh, exactly. Like I'm I'm very bullish on this space. Why? The whole space because like I think we're at the forefront of these attacks. I think we're one of the first dealing with them as a crypto industry in general. Like also exchanges, right? But also self-custody. Maybe first self-custody because like, you know, but what what does that mean? Like I think we are getting we're having to learn, you know, very fast and everybody's beefing up their security and the investments and and like like crazy, right? Like industry get hits, one player in the industry get hits and everybody beefs it up. Everybody works like tirelessly to to figure out how they can improve it. And with every hit, everything gets stronger. And and every attack factor gets closed off. And I'm quite bullish that we're we're going through this wave where like it's it's always first gets worse before it gets better and we are very early in that. Like as as you said, I don't want to be in web 2, right? That's they have like so much stuff still coming and now you see the exchanges also have so much stuff coming and like I I think we are getting gonna get out of this way stronger. Uh because we're at the forefront, we're the first ones getting maybe this wave and then basically the rest will still have to figure out what to do with here and and and and we'll have I think a lot of stuff figured out. [David] [19:39] Danny Sanders, I appreciate you staying up late in Europe uh to go and come on to this show and I hope that I can get you back on here in the next few months during a bull market where I'm sure everybody will be happy and things will be fixed and things will be much better and uh [Guest: Danny] [19:57] There's one there's one big green candle and we'll forget about everything. [David] [20:00] That's it. That's usually what it is. One big green candle and everything's forgotten uh in this space, 100%. And I do agree with you. Crypto Twitter is an emotional space and that's why I don't read it much. Uh I I I read a little bit, but I I don't get pulled into all the, you know, you know, if you look at crypto Twitter, it's kind of funny. It seems like an enormous place, but it's really like a a small town of 234 people that wake up in the morning and sometimes they're really miserable about everything even when everything's going well. So I say that all the time. Uh Danny, I appreciate you. I appreciate your company. I wish you guys nothing but the best and I get I hope to get you guys on in the next few months to talk about the bull run and talk about any updates that you guys have with your wallet. [Guest: Danny] [20:46] Awesome. Thank you, David. It's great being here. [David] [20:48] Thanks a lot. All right. Appreciate you, Danny. [Guest: Danny] [20:51] Cheers. Bye bye. [David] [20:52] That's Danny, really they got a great wallet, man. And uh, you know, they have a great wallet. [David] [20:58] It sucks. It sucks because we're such a young industry. We're young, we're still young and we're going through growing pains. Like we are. And I don't, you know, for me like I don't believe people are doing things intentionally. So, but I will still stand on it. I I believe resources, 15 to 20% of your resources should go to security. Especially with the emergence of AI, you need to make sure that your security is top notch. Bottom line. If your security is not top notch, you're screwed. We'll be right back after this commercial break. [Ad] [21:32] What first got you excited about blockchains? Think about it. Oh wait. I bet it wasn't multi-million dollar hacks, exposed data, or finding somewhere safe to store your seed phrase. Was it? Maybe it was the idea of decentralizing a broken financial system. Maybe it was imagining a world where people own their own data and get to sharing the value it creates. Or maybe it was the promise of a fundamentally better way of connecting, communicating, and transacting. The next phase of the internet that empowers us instead of exploiting us. So why hasn't it happened yet? 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[Part 5 of 5] [David] [00:00] Let's go. There we go. United States of America representing. Socialism does not work. Digital assets. Is it better to move money at the speed of light? People are greedy when they also try to acquire gold. I'm here providing electricity and that energy that is necessary. I'm the modern day Tony Stark. Welcome back to the program. Sponsored by Midnight, also Polly Market, Cake Wallet. Uh, we'll have uh Vic, the the founder of and the creator of Cake Wallet and a bunch of other stuff on here. Um, he'll come on here, hopefully next week, we'll have him on. We we're so booked. We are absolutely freaking booked here, man. We are absolutely booked. For the next three months, I'm booked with a ton of really good guests. Yo, the people on Threads are trolling me. Can I tell you motherfuckers something? You know what? Now you're going to bring out the little Republican in me. Okay? You're going to bring out the Republican in me. Are you ready? I woke up today, though after that belt to ass, okay? I was wrong. I thought there was a red wave coming. It didn't come. The people spoke. I respected the decision and I hope that America can go ahead and heal. But guess what happened to me. I woke up this morning. Okay? I woke up this morning. And guess who's still the president of the United States of America? That is right. The 45th and the 47th president, Donald J. Trump. That's right. Let me say this again for you guys. For the next two years and two months, President Trump is still your president. He is still the commander-in-chief of the United States of America. So, y'all are celebrating here like you got a massive victory. And you did, you put the belt to ass. No doubt about it. But he's still got the pen and the power to veto. That's it. Let's hope your Democrat candidates that you elected into House and Senate. Let's hope they deliver. You want to troll, let me write this shit for these motherfuckers on Threads. Let me write this shit. I'm trying to be nice. Today, November what? November, November 4th. Boom. Fuck you. That's right. Today is November 4, 2026 and Trump is still the president of the United States of America. Oh, they're going to go crazy. Oh, they're going to go crazy. You want to troll me, I will troll you. You want to troll me, I will troll you. What am I supposed to say? My team's going to lose? Rob Rob Nelson who has a show on this network. He said it right. What am I supposed to say? My team's going to lose? Like you you you wake up on Sundays to watch a football team. You're like, I hope my team loses. Yeah, I hope the Giants lose. Like that's how I wake up in the I wake up on Sunday praying that my team loses. There's nothing you can do about that comment though. Today is the 4th of November 2026 and Trump is still the president of the United States of America. For the next two years and two months, that man is still the commander-in-chief of the United States of America. He is your president, whether you like it or not. The same way some of these Democrats are my representatives. Whether I like it or not, okay? Donald Trump, whether you like it or not, is your president. They're going to go crazy on Threads on that. By the way, I have I have 3 million impressions on Threads in four or five days. I will say though, X is the algorithm is slowly loving me. I mean, it's slowly coming back. I don't know, I don't know what's happening there. We might have a love affair again. Stock market, obviously, everything's looking good right now. Okay? I think like I said, after the midterms, I felt like people were either or whoever won, money is going to start slowly pouring into the traditional markets and also into crypto. Okay? Also into the crypto markets. So we shall see what happens here, okay? There's one thing that people do say in in conversations that I've had, hey, listen, man, when Democrats are in office, the printer goes on. And that's a good thing for crypto. But then they also mentioned the fact, which though, they won't be able to do that shit for the next two months, or two years, I should say, two years and two months, is they they won't be able to fuck with crypto with a pro SEC and a pro CFTC, you know, agency. Am I going to run for office? Am I crazy? I did, I got to say, to be honest though, because Fifi did ask that question. Uh, to be honest, I'm obviously talking to the audience who is tuned in here. Uh, I'm currently restricted on TikTok. Let me see if TikTok answered me, by the way. I bet you they answered me with, no, you're not going back on. Appeal not approved. Of course it's not approved. Of course it's not approved. Hate speech. Where was the hate speech? I got to go, this is this is they're just Anyway, I won't be on TikTok until the 6th. So, Look, I woke up today, yesterday I thought about it, but today I woke up, I did, I worked out. You can see, I'm just anyway. I worked out and hold on, let's let's showcase this, man. Let's let's showcase. What are we talking about? What are we talking about, man? What are we talking? Let's let's let's talk about some great things. Talk about some great things. Talk about some great things. Damn. I got to get a haircut, but I can't get it today. I got to get it tomorrow. I got to get a haircut though. Why is it disappear? Why does it disappear, man? Okay, so I can't So that one clicks. That one doesn't. That is weird. All right, I don't know what's going on. I wanted to showcase a picture of myself. Anyway, anyway, um, I woke up and I thought about, you know what? I think it's time that somebody like me runs for for office. I thought about that. I was like, maybe it's time because I understand, I deal with people every single day. Like I understand characters. I know how to speak to people and and I know what I want for America. And I and and we might not agree on everything, but my heart's in a in a good place. I I'd love to see the United States of America thriving. I thought about that, but then I thought about, you can never win. You can never win. You can't win. Not with these people. You cannot win. Because even if you do good, it's still bad. Even if you do good, it's still bad. Who are these people? Who are these people? Yo, I love people who tune into me and then they just talk shit. Just talk shit. Anyway, I would run. I would run if we had if I would, you know what? I would run. I would run. I think I would make a difference though. I think I would I I am I am a leader. I know 100% I'm a leader. Um, my haters will say otherwise, but I I do I've always been a leader since I was young and I I think I could I could do a lot of good for for for the country. I believe it. I would do absolutely wonderful things for this country. But again, like where do I, you know, I think about this also. It's like I'm better served here on this platform where I can talk about everything from from digital assets to traditional markets to the, you know, to to AI and and tech and and politics. Like I'm better served here. That that's how I feel. Um, but who knows? Nobody ever knows if like somebody's going to run for office. Maybe I will. Maybe I will. Maybe I won't. I like it here though. Okay? I like it here because I'm in I'm in control, okay? It's a dictatorship here. It is an absolute dictatorship here. Listen, if Man Danny won, I can win. Okay? If if Man Danny won and became mayor of New York City, I think I have a really good chance of winning as well. I I have absolutely 100% believe I have a great chance. I wouldn't run for mayor. I'd probably, you know, run for House or Senate. But I I think I would have an absolute great shot. Look at this. I'm handsome. I dress well. I speak well. I'm bilingual. Okay? Come on. I work out. I'm not fat. I'm not anorexic either. Not obese. I'm just saying. Anyway, I want to thank all you guys for tuning in today. Shout out to Midnight. Shout out to Polly Market. Polly Market did their thing. Also, if you sign up to or if you get the Polly Market app, use the code breakdown to go and um get $25. Use the code breakdown. Also, Cake Wallet, one of the most secure wallets that you can go ahead and get yourself. Uh it's to protect your Bitcoin, Litecoin, Zcash, and Monero. Go get yourself Cake Wallet and FOMO.family. Shout out to FOMO.family. Later on this week, we'll go ahead and check out what's going on on there on my on my front-facing account to see what is happening. Satoshi, are we going are we going to Valhalla, Satoshi? Let's see what happens there. Anyway, thank you so much. The quote really I'm going to leave you guys with this, just be good to each other, man. We need to come together. Americans really need to come together, man. Stop yelling. Democrats, you you woke left, stop yelling. You guys are yelling. You just yell. Shut up. Stop yelling already. It was more important for them to troll me yesterday than the actual victory. Like y'all like get your life straightened out, man. Like what what the fuck was that about? Anyway, shout out to everybody. Uh, I will see you again tomorrow at 12:00 p.m. Eastern Standard Time or Eastern Time. Show runs until two. Thank you, everybody. I want to say this again. Thank you, everybody who tuned into yesterday's show, Election Night 2026. And thank you for consistently supporting me, my brand, and showing up every single day. I love you guys for real on the real. Thank you. And on that note, I'm out.