Bitcoin has the social resilience. It is the first. It's the best form of uh collateral.It's hard money, but it is as usable in your day-today life as a brick of gold, right. You can't go with a brick of gold to the store and pay for your daily transactions, you know, for the stuff for paying for going on the metro and for your coffee. You you're not going to use Bitcoin for that.I think it's too late for that. But it is not too late to create a Bitcoin economy on top of it using the same principles, right. ...

It's been more than 50 years, right. And you can ask, okay, 50 years, are we noticeably better. And the answer is no, we're not.Most of the people are honest and, you know, happy and not criminals and so on and do things that you want them to do and flourish in. Yes, there [music] are some bad people. But if you go down the route of putting, you know, mass surveillance because you want to stop the bad people, what you end up with is a very bad state in which people are weak, miserable, and the thing is that ...

This is a pivotal time. Right now, crypto has entered its 1996 moment. What do I mean by that.Retail will come back. It is inevitable. A 5x, I mean, that would be my bull case.I I don't think that's a likely outcome. 2x, 3x, I think that's more likely. >> You are thinking about changing your the name of your channel to Bitcoin Daily. ...

What do you think is perhaps worse in terms [music] of privacy. Is it big tech and corporations or or is it [music] government agencies. >> I don't need to choose between government and corporate surveillance.They're both bad, but they're both the same and [music] that's what's important. So, it's an interesting question, right. So, the I think the big big tech surveillance is really bad.I think it it surveillance capitalism business models are causing much of the damage to society that we're seeing in the ...

This is a pivotal time. Right now, crypto has entered its 1996 moment. What do I mean by that.Retail will come back. It is inevitable. A 5x, I mean, that would be my bull case.I I don't think that's a likely outcome. 2x, 3x, I think that's more likely. >> You are thinking about changing your the name of your channel to Bitcoin Daily.you guys got your prediction pretty well because um I believe I think that in the first interview we did like uh around the time of the haling in 2024 you were predicting 120 as ...

I also strongly believe that blockchains are extremely important for humanity and they cannot flourish without the privacy and scale that uh ZK offers them. It's been more than 50 years [music] right that we've been living in this regime and now you can go to almost any metric you want about you know financial crime or fraud [music] and you can ask okay 50 years are we noticeably better and the answer is no we're not. So if you really want um the economy to be built on blockchain, you just must have privacy ...

you know, when this goes, it's going to go hard. You just don't want to be in the blast radius, right. Fast forward 10 years and nothing's changed.And now AI is going down that same road. And the companies that are giving us these AI chat bots are spying on what we talk about and are using that to train. They're experimenting with adding advertising into the chats.I mean, all of the horrors of social media are coming back in a way that's even worse with AI. So, not only were we unable to change it, it's now ...

Let's be honest, Ethereum has been one of the biggest disappointments of the last crypto cycle. Weak price action barely touching its previous all-time highs. But [music] behind the scenes, the story looks very different.New addresses and daily transactions just hit record highs. And large institutions are choosing Ethereum to tokenize real world assets. >> Tokenized assets right now, they're tiny.There's 18 billion total tokenized assets. Most of that's on Ethereum. I think that that's gonna 5x.I think tha ...

The event has been fantastic. It's a really interesting crowd. People from all over the world and it's a very exciting time to be in Abu Dhabi and it's great to have such a curated group of people come together and talk about the future of crypto.>> I like the mix between the networking part and the actual talks and the way that it's pretty casual. So it's very easy. It's the right size what format and the talks are super interesting and accessible.So I mean if you want to talk to the speakers you actually ...

I own my life and I never have to talk to customer support [music] ever. I sign my transactions using my biometrics like I would do on any other uh you know web 2 app. [music] I you know decide on all things.It always worked and I am the only one who needs to authorize or approve anything. This feeling of owning your life and not needing to talk to customer service when you want to move your funds. This is what I think people want. ...