0:06 welcome we're super excited that you can
0:08 join us it's great to be here yeah know
0:12 it's great um obviously uh what I think
0:14 I'd love to do is we've got about 30
0:15 minutes give or take maybe we go a
0:18 little long I'm going to start with you
0:21 okay and just ask a little bit about the
0:23 Journey of the Trump family into crypto
0:24 the relative the election the relative
0:27 importance of the crypto crowd Etc and
0:28 then really shift gears and talk a
0:30 little bit about world Liberty finan
0:33 excellent all right well so with that
0:35 would you mind just taking us a little
0:37 bit on the Journey of how the Trump
0:38 family got involved in crypto and
0:40 digital assets what that Journey was
0:42 like what do you like about it uh well
0:43 we we've loved the journey it's been
0:46 amazing I mean we've been so welcomed uh
0:48 it's awesome to see uh we were late
0:50 adapters right we were real estate guys
0:54 we were hard ass at I mean uh as a
0:55 political Refugee to the State of
0:57 Florida from the People's Republic of
0:59 New York where we sit today I'm actually
1:00 shocked I haven't been served as
1:04 subpoena just yet but there's time uh
1:07 you it was an interesting shift right we
1:08 there wasn't a banker in this city that
1:10 I couldn't pick up the phone and call
1:12 and you know get a loan for a building
1:14 or a project wherever we were doing
1:16 around the world uh you enter the
1:19 political spectrum and all of a sudden
1:21 that was gone right I mean we we got to
1:23 the point I mean myself family members I
1:26 mean we had a hard time getting a a loan
1:30 from A bank where we had 5 10x the loan
1:31 with the bank I'm like wait a second
1:33 just take get a house like a mortgage
1:36 like it's like what happened here uh and
1:38 so it was interesting it was a dynamic
1:40 shift because we didn't I guess we took
1:42 it for granted that you were you know
1:44 that that guy that had that access and
1:47 it was sort of always easy once that got
1:49 turned off you realize just how how
1:51 corrupted the system actually is uh you
1:53 realize just how inefficient is how
1:55 unfair it actually is I think I I got in
1:57 trouble for about six hours you know
1:58 when we first sort of started talking
2:00 World Liberty we did the original sort
2:02 of Twitter spaces and I was like you
2:04 know the the whole financial system is
2:06 really one big Ponzi scheme we just
2:07 didn't know it because we were at the
2:09 top of the Ponzi scheme and so it just
2:11 sort of worked and it but you realize
2:12 how hard it is for everyone else and so
2:14 much of the movement you know contrary
2:16 to popular belief like we didn't need
2:18 all the joys that came with getting into
2:20 politics right this was we we were doing
2:23 pretty good before that uh but we chose
2:25 to do it and realized you know we're
2:27 fighting for so many forgotten Americans
2:29 and these are people that are dealing
2:31 with these problems every day they can't
2:33 get XYZ they don't meet some sort of
2:34 criteria or they're not at you know a
2:37 chosen category and you know we started
2:39 looking at crypto as this thing that was
2:41 this nebulous sort of hard to understand
2:42 thing just because of where we came from
2:44 and being like wait a minute like this
2:46 is the future I mean this is you know
2:48 where everyone can play not just you
2:50 know what we're talking about with this
2:52 eventually di5 platform or otherwise but
2:55 I see it with my own my own kids like my
2:57 my 15-year-old talks about liquidity
2:59 like a like a 20year veteran of Goldman
3:02 Sachs tax uh and for us as an
3:05 entrepreneurial family uh that's amazing
3:07 because as real estate guys it was sort
3:08 of hard to like how do you teach a
3:10 15-year-old about business these days
3:11 right you can play in the stock market
3:13 and maybe something moves 5% over you
3:16 know five years uh you know we live in a
3:17 little bit more of an instant
3:18 gratification world you need some of
3:20 that action that excitement and so
3:22 watching them play even in the meme coin
3:25 side of things and just doing things uh
3:27 it was incredible and so we we were
3:29 again sort of late adapters met sort of
3:32 these incredible guys started talking
3:34 about it and I I still haven't you know
3:35 I'm not fully immersed into crypto yet I
3:36 haven't I haven't gotten the uniform
3:38 down yet I
3:40 gotta I'll get I'll get I'll get there
3:42 listen that's sort of where I am I was
3:44 like I'm gonna be on a stage in New York
3:45 like I'm putting on a suit this is
3:47 probably where I am on my personal life
3:49 um but but again you start talking about
3:52 these guys and there is a level of
3:55 sophistication uh you know that honestly
3:57 doesn't exist you go back and you start
3:59 thinking about you know Banking and the
4:01 inefficiency and the time and like why
4:03 is this guy getting points to push a
4:04 piece of paper from here to there to get
4:07 it back and you realize the system is
4:11 just broken uh you know I I think what
4:12 what we can do here what the industry
4:15 can do you know just create those
4:17 efficiencies that haven't existed uh you
4:19 know not tax people in and out of
4:21 everything for no real reason for no
4:25 added value uh you know we just became
4:27 Believers uh you saw that when my father
4:29 started talking about it during the campaign
4:30 campaign
4:33 uh you know that that notion of sort of
4:36 uh that freedom uh the the
4:38 self-regulatory nature of it the
4:40 transparency of it all I'm like honestly
4:41 this sort of aligns with everything
4:43 we're talking about that frankly had
4:45 nothing to do with crypto but what we
4:47 believed uh you know as people sort of
4:51 promoting a free and fair society and
4:52 you know those things just sort of
4:55 meshed and was like whoa like this is
4:58 this is us this is the future and uh so
5:00 many people in the space
5:02 uh really you know did that and they
5:03 believed it and they saw it and you know
5:05 they were so welcoming to us that it it
5:07 was just sort of The Snowball Effect it
5:09 was great 100% I mean you clearly saw
5:11 momentum in the digital acid Community
5:13 Building during this whole election
5:17 season when was it clear to you and I
5:19 guess the broader Trump family that this
5:21 could become a core constituency in this
5:24 election uh you know I I I saw it early
5:25 from some of the guys that I sort of
5:27 even just been communicating on I mean
5:29 so you know whether it's just you know
5:30 me doing my own social and just being
5:32 sort of active and interactive I saw it
5:33 there but when it really hit home you
5:35 know I I was in Nashville the day before
5:38 my father spoke at Bitcoin and like I
5:40 walked through that floor it was like me
5:43 at the RNC like there was no it's like
5:44 you know corporate ask which what's the
5:45 difference between these pictures I'm
5:48 like it's the same and I was like how
5:50 how is that possible and and it was you
5:53 you just you know the same you know same
5:55 mindset same you know Fight For Freedom
5:58 that it it was there that I was like
6:00 wait a second like we you know we we got
6:04 to go all in on this and and we did but
6:05 then more importantly we also then had
6:06 to deliver on those promises right I
6:09 mean so much of uh you know what you see
6:10 these days in the political Spectrum
6:12 people tell you what you want to hear uh
6:13 till they get elected and they go back
6:15 to doing things their old ways you know
6:18 for me a big part of it uh you know I
6:19 figured I'd have a lot more free time
6:21 after November 5th uh turns out you know
6:23 every once in a while the dog catches
6:24 the car then we won it's like now you
6:26 got to deliver uh and and so it was you
6:28 know a big part of what I've spent the
6:30 last three months on up till you know
6:32 when I'm sort of free of that world on
6:35 January 20th at noon uh you know was
6:38 establishing a team uh to actually
6:39 fulfill the promises we made on that
6:42 campaign right in in Washington and DC
6:45 in politics you know far too often it's
6:46 like well someone's put in a position
6:48 because they know someone or they've
6:50 been there longer they may not know
6:50 anything about what they're doing
6:52 they're making trillion dollar decisions
6:55 with that you know even a basic you know
6:57 framework of understanding and so for me
6:59 it was like we got to do the opposite
7:01 that we got to put people in place that
7:03 that do understand that that you know I
7:06 got to know David saaks even prior to uh
7:07 the transition period because he was one
7:09 of those guys that came from you know
7:12 San Francisco you know Silicon Valley VC
7:14 that like really opened the door to be
7:16 like you know what's wrong with what
7:17 this guy is saying I get that it's you
7:19 know maybe unpopular with the minions
7:21 but for the entrepreneurs who are trying
7:23 to do the things the guys that are the
7:25 real creative Geniuses you know he was
7:27 like I don't know I kind of like what's
7:28 going on here I mean that sort of opened
7:30 the door then El sort of stepped through
7:32 next and you know Shawn Maguire and all
7:34 these guys actually started having that
7:35 conversation and again it was that
7:37 similar Snowball Effect it's like wait a
7:38 second we actually believe all these
7:40 things so for me you know a big part of
7:42 that when when David was talking about
7:44 you know going in you know being AI I
7:45 was like no no no you're going to be Ai
7:47 and cryptos are because we need someone
7:49 who understands this not having what
7:51 Washington does which is again uh you
7:54 know over regulate not understand you
7:57 know we do need you know a framework to
7:58 do the guidance I mean we we how many
8:01 you know countless hours that we spend
8:02 on calls with some of the most
8:04 sophisticated lawyers perhaps anywhere
8:06 in the world and they're like Well we'd
8:08 like to do this well H we don't know
8:10 what do you mean you don't know like
8:13 like this is it's very well it could be
8:14 fine or you could go to jail for 30
8:17 years I'm like like hey as the most
8:19 subed man in modern American history as
8:21 the person who's probably done more
8:23 Congressional testimony than anyone done
8:25 60 hours of congressional testimony for
8:26 treason Minor Details it's a crime
8:28 punishable by death uh that's like my
8:31 average two morning at this point uh I
8:33 was like well how do we not know this
8:35 and so you know we do have to create
8:37 that framework in which this which I I
8:40 believe to be the future of Finance uh
8:42 you know where we can play where there
8:44 is an understanding of what that is but
8:59 overregulation there because it's going
9:02 to be one of the one of the few times in
9:03 Washington I think where you have people
9:05 that are truly you know Titans of
9:07 Industry actually leading those
9:09 Industries and doing what's right and
9:11 what makes sense for everyone else
9:14 abroad yeah no it's been very abundantly
9:16 clear that this new Administration is
9:18 very serious about crypto some of the
9:20 people that are already involved so how
9:22 should we think just about the I guess
9:25 ongoing importance of this topic because
9:27 as we all know once an election passes
9:29 there's just a wide variety of things to
9:29 get done
9:32 how would you kind of Stack rank the
9:34 concept of digital assets for the
9:36 relative important listen I I I think
9:38 it's perhaps the future of like American
9:41 hegemony uh in terms of our e economic
9:44 status our economic might you know I
9:46 again I'm a late adapter but I'm not an
9:47 idiot you see these things going and
9:48 like we're basically forcing this
9:51 incredible technology away from America
9:52 for the last few years you're forcing
9:54 them to go to places that people
9:56 wouldn't even want to necessarily go but
9:58 they have no choice because they're not
10:00 willing to risk their life uh you know
10:03 or jail or just not not having that
10:05 understanding so uh you know I I think
10:08 it's probably as as critical a topic as
10:10 uh as anything because I think it's
10:12 going to be the future of you know uh
10:14 banking uh you know not just in America
10:15 and I want to make sure we're
10:16 controlling that I want to make sure
10:17 there a regulatory framework that we're
10:19 regulating it we're taxing it it's
10:22 that's good for the world uh but you
10:23 know as I was watching everyone get
10:25 pushed to places all over the pl you
10:27 know some places that maybe natural
10:29 competitors some places that are just
10:32 outright enemies you know at least
10:35 philosophically uh you know it's so
10:37 fundamental so you know I think it's a
10:39 it's a top priority of this
10:40 Administration I think my father made
10:42 that very clear and more important than
10:44 just saying it I think the actions that
10:46 he has taken since then to bolster that
10:48 whether it's the team whether it's you
10:49 know the things he's already been
10:50 talking about and you know not going
10:53 with the cbdc not you know allowing the
10:55 free markets to actually do this uh you
10:58 know he's not just you know talking the
11:00 talk he's walking the walk 100% as a
11:03 American crypto company obviously this
11:05 new attitude is very welcomed you
11:07 mentioned uh you know there's certain
11:09 things that in your opinion should not
11:11 happen the the cbdc ETC there's been
11:13 talk about you know a Bitcoin strategic
11:14 reserve and the like is there anything
11:17 else that you personally feel like
11:18 probably you should consider that in
11:20 order to make America the home of crypto
11:23 listen again I I I think number one
11:24 probably has to just be that regulatory
11:27 framework you have to understand you
11:28 know what you can and can't or you know
11:30 what what are the Third where can't you
11:32 go uh I I think if you do that America
11:34 has so such an uh Advantage I mean you
11:37 have such great innovators here uh you
11:39 know that that's a natural place to do
11:41 but you have to create that structure so
11:42 that people know I mean you can't come
11:43 up with something this Innovative with
11:46 this much money at stake and and have
11:47 the most sophisticated people in the
11:48 world just not have an understanding of
11:52 whether it it's even kosher uh you know
11:54 that that doesn't fly and so you know I
11:55 I know David's in the process of you
11:56 know working on sort of that you know
11:58 that crypto Council and just making sure
12:00 that you actually have people from the
12:02 industry not just someone who you know
12:03 hey well that that'll be interesting or
12:04 I think you know that could be a
12:06 powerful position in time so I want to
12:07 be a part of it when I again when they
12:10 have no basis of uh you know no real
12:11 reason to actually be there because they
12:12 don't have they don't bring anything to
12:15 the table so you know it's creating that
12:17 team of people who understand all
12:18 aspects of it whether it's you know the
12:19 crypto side whether it's blockchain side
12:21 and and coming up with something that
12:23 makes sense that actually attracts
12:25 people to you know onshore to America
12:28 not not offshore and so you know I I
12:29 imagine they'll be working on that again
12:31 I'm I'm I'm totally out I I did what I
12:33 needed to do to help you know create you
12:35 know my father always made that final
12:38 decision obviously but you know getting
12:40 those right people at the table I think
12:41 you know that's our incredible
12:42 opportunity you see what elon's doing
12:44 with Doge just bringing people from the
12:45 outside from different walks of life
12:48 frankly from at least prior to this
12:50 different political affiliations just to
12:52 understand like no this is what we need
12:55 to do collectively as America uh and I I
12:56 mean just when you when you see what's
12:59 going on even in the last few days uh it
13:02 the exposure you know the transparency
13:03 no difference in the transparency what
13:04 we're doing here like it's all out there
13:06 like it's on the Chain like you can go
13:08 see like people write stories it's like
13:10 if you bother to look you could see
13:12 exactly what we're doing like there's
13:13 it's it's all out there in the open and
13:15 that that sunlight is the greatest
13:17 disinfectant and I think that that that
13:18 applies to what we're doing that applies
13:19 to the space in general and I think it
13:22 applies to uh politics Across America
13:23 right now and that that has not been the
13:26 case I mean we we've spent a lot of
13:27 money on things that the American public
13:29 did not realize their taxpayer we're
13:33 going to fund no that is uh 100% true um
13:34 and I really like just the overall
13:36 everything that we're seeing that is
13:38 happening in the ecosystem the fact that
13:40 the you know digital asset the crypto
13:42 council is being put together I think
13:43 we're extraordinarily excited to see all
13:46 of that uh take shape like what all
13:47 right I want to shift gears a little bit
13:50 towards World Liberty Financial um I'm
13:51 really just going to open the floor I
13:53 think to you guys can you just there's
13:55 been a lot of talk about it there's been
13:57 a lot of stories written some of it
13:59 clearly not very true so
14:01 I want to give you guys the opportunity
14:02 what's the vision for World Liberty
14:05 Financial what are you guys working on
14:08 you want to play go ahead so I think
14:10 with World Liberty Financial the goal
14:13 really is to be the bridge between
14:16 traditional finance and crypto you know
14:17 we've seen for a long time you know
14:19 we've been involved in crypto for 10
14:22 years plus at this point and I think for
14:24 us when it first clicked we're like oh
14:27 my god when everybody else catches on
14:29 and understands like what we figured out
14:31 about a decade ago everything's going to
14:34 change from Finance to real estate to
14:36 transactions contract law everything
14:39 right but it felt like year after year
14:40 it's like this is going to be the Year
14:42 this is going to be the year and every
14:45 year nothing changed and it wasn't until
14:48 you know the trumps and you know djt
14:51 really got behind it and understood how
14:53 important this is to America and the
14:55 future of Finance the future of our
14:57 country to really get behind it and
14:59 embrace it that we're starting to see
15:02 like Don was saying all of the
15:04 regulatory framework coming together
15:06 getting those clear rules of the road
15:09 and so our goal here is not necessarily
15:11 to build anything new that isn't already
15:13 being done we believe that there are
15:15 already phenomenal teams like the Ando
15:18 team like all of the other teams out
15:19 there that are building incredible
15:22 chains protocols projects those are the
15:25 true innovators we see our job here is
15:27 more as being the glue that ties those
15:29 things together and go goes out and
15:32 onboards the next wave of users into web
15:36 3 so for example you know we the way we
15:38 see it is one of the biggest issues with
15:40 people coming into crypto right now is
15:42 that for all of us in the room and
15:44 probably everybody watching everyone's
15:46 very familiar with what it takes to be
15:48 able to interact with dii protocols what
15:50 it takes to be able to bridge assets
15:52 from one chain to another but the
15:54 problem is is that we can't expect the
15:56 everyday person who's just trying to go
15:58 to their job save some money spend time
16:00 with their family to sit at home and
16:02 nerd out and figure out you know seed
16:04 phrases and wallet abstraction and you
16:06 know all of this stuff is just beyond
16:08 what the average person is going to want
16:11 to do to be able to get the benefits
16:13 that we all know crypto can really
16:15 provide so the way we see it is we want
16:17 to work with and partner with all of the
16:20 best and brightest in the space not to
16:22 build the next best chain or build the
16:24 next best protocol but instead to be the
16:26 glue that really ties everything
16:28 together and abstracts Away some of the
16:31 those difficult crypto aspects so that
16:33 the everyday person who's already
16:36 comfortable with web2 products can get
16:38 the benefits of Defi and crypto and web
16:41 3 without having to make that big gap if
16:45 that makes sense no 100% I think uh that
16:48 concept of creating more Open Access
16:50 clearly resonates quite a bit with us as
16:52 you guys know we are launching a
16:55 platform that really has the purpose to
16:57 put publicly listed Securities on chain
16:59 so how would you how how you how would
17:00 you describe the vision of world Liberty
17:02 Financial is it just crypto does involve
17:04 you know a broader financial services
17:05 including Securities like what does that
17:07 Vision ultimately look like it's
17:09 everything it's basically being that
17:11 bridge between traditional finance and
17:13 decentralized finance and putting it in
17:16 a very simple to use package whether
17:18 it's for institutions or retail
17:20 investors and you know consumers to be
17:22 able to get the benefits without having
17:24 to you know become crypto natives
17:27 essentially and so the way we see it is
17:29 you know look like I was saying we're
17:31 not going to be able to educate
17:33 everybody out there on how to become you
17:35 know an ultimate crypto Deen that's not
17:37 the goal nor do these people want to
17:39 take risk or speculate that's not what's
17:41 in their best interest but if you can
17:44 get somebody a better return because
17:46 you're democratizing finance and putting
17:47 the power back in the hands of the
17:50 people not only is that at the heart of
17:51 crypto but that's at the heart of you
17:53 know the American culture and the
17:55 American way of life and capitalism in
17:57 general and what's made this such an
17:58 incredible country from the very
18:01 beginning so the way we see it as a
18:03 company is our goal here is not really
18:06 to reinvent the wheel it's to make sure
18:08 that every single house has two cars
18:10 parked in the driveway and the way that
18:11 we see that we're going to be able to
18:14 achieve that is again not by creating
18:17 more complex or newer or better products
18:18 it's by taking the best of what's
18:20 already out there and going out and
18:22 making it so that we can meet the
18:24 customer where they're at today in a web
18:27 2 environment simple to use consumer
18:29 applications iOS
18:31 Android native applications simple
18:34 institutional dashboards that trafy
18:36 institutions can come many of these
18:37 traditional financial institutions
18:41 already have securitized or tokenized
18:42 Securities and this is something that
18:45 you guys are working on at Ando but due
18:47 to the AML and kyc requirements that
18:49 kind of preclude them from coming into
18:51 defi we really are working with
18:54 companies like you guys like chain link
18:56 to be able to break down those walls so
18:58 that you know trafi can get the best of defi
18:59 defi
19:01 and that defi users can diversify and
19:04 get access to those assets on chain so
19:07 it's retail and institutional products
19:09 that meet both the institutions and the
19:11 retail consumers where they're at today
19:13 without them having to bridge that Gap
19:16 and Go full crypto native oh I love that
19:18 a lot and I it's funny you mentioned
19:20 just the concept of Building Bridges
19:22 between trafi and defi but I feel like
19:24 I've also heard you guys talk about
19:26 Building Bridges even within the crypto
19:29 Community right you guys are very famous
19:31 for holding a lot of wrapped
19:34 Bitcoin so anything you want to add or
19:36 just highlight on that Chas let grab
19:38 that yeah this is definitely a Chase
19:39 question I'm the more quiet one believe
19:41 it or not it used to be I don't think I
19:42 don't think his mic's on yeah I don't
19:44 got a mic or it's close we'll see if we
19:46 can get it I'm loud so this actually is
19:48 a new world for me but yeah so like our
19:49 idea is like you know we've been in the
19:51 space maybe not people have noticed us
19:52 but we've been here and one of the
19:53 things I noticed in the beginning is we
19:55 were all nervous of what the world
19:56 thought about us and now we're all like
19:59 fighting amongst each ourselves like but
20:00 you know I think we built all of these
20:02 uh Bridges to take these walls down but
20:04 these Bridges have like a whole new gate
20:06 code they have a whole new you know
20:08 thing or wall for them to climb through
20:09 and so for us we look at it like this
20:11 space should be wholesome it should be
20:13 all together so as much as we love the
20:14 defi Community we love Bitcoin as much
20:18 as we love this this uh producer of this
20:20 we love this one so our idea is like how
20:21 do we bring everybody together and fight
20:23 this fight together one of the things
20:23 that we're going to launch here in the
20:26 very short future is a strategic Reserve
20:28 so uh we put a lot of money together I'm
20:29 sure you guys have kind of seeing us
20:31 doing our thing and the idea is that
20:32 we're going to leave this on chain and
20:34 we're going to show commitment back to
20:36 the industry that's been so good to us
20:38 and show where we we we we put our value
20:40 where we think the space is moving
20:42 because what we think we have here is an
20:44 you know an amazing flashlight to shine
20:46 on phenomenal products that maybe didn't
20:47 get the Limelight that they deserve
20:50 because of all of this sight Insanity
20:52 that's going on you know but it's it's
20:53 all you know volatility is Vitality for
20:55 the space but we think that like if we
20:57 take that fishing net and we cast it
20:59 into the right Arena we can shine on
21:02 products like Ando so our goal is that
21:04 we get all of these people in crypto to
21:05 start doing the same thing it's like
21:07 taking care of your brother in the space
21:08 because we've learned one thing that I
21:11 think that maybe be you news to a lot of
21:13 people is the world doesn't really
21:15 speculate right we're in a very small
21:17 amount of people who actually speculate
21:19 the majority of the world consumes right
21:21 and they do so for a myriad of reasons
21:23 and we think that meeting them where
21:25 that is is amazing like why hasn't the
21:27 checking account been revolutionized in
21:29 20 years right because Banks keep it
21:31 that way because that's the wall to this
21:33 mode of money right so like if you're
21:35 going to revolutionize this space the
21:37 easiest way to do it is start going to
21:38 where they're at you go to the Gusto you
21:40 go to the payroll companies you start
21:42 getting them to get the money on chain
21:43 so they don't have to figure it out you
21:45 start denominating US dollar you start
21:48 abstracting away all of this nonsense if
21:50 you will so the nuu doesn't have they
21:51 have the same security that they had
21:53 before and now they have freedom and
21:55 usability and so the goal is is that
21:57 someone at the end of the month that is
21:58 consuming right just assuming their
22:00 normal self they have a little bit more
22:02 at the end of the month and and that's
22:04 going to hopefully change the way people
22:06 think but if it does it allows to open
22:08 the suite of the amazingness that is
22:10 crypto and all of these speculative
22:13 amazing assets but you do so by a warm
22:15 welcome right you're not going to get
22:16 this welcome from this new world when
22:18 you have some amazing altcoin that goes
22:20 to the moon and back down just pounds on
22:21 everybody who's slow and lethargic and
22:23 they have a real job they've got to go
22:24 to and they have life right but if you
22:26 give them a checking account that's
22:28 earning Seven 8 9 10% that's backed by
22:31 an a that that has abstractions to a
22:32 debit card that allows them to move
22:35 around this world freely and know no new
22:36 walls it's the same interaction but at
22:38 the end of the month they get more so
22:40 now you're not asking something from
22:41 someone you're giving someone and that's
22:43 how you're going to change people's
22:46 Humanity in here and their nature right
22:47 and and that's what we believe in for us
22:49 we're big Bitcoin fans we' always been
22:52 big we're big Ando fans we're big chain
22:53 link fans we're big ethereum fans we're
22:55 big Builder fans if you're taking your
22:57 time and you're walking to the front of
22:59 this and you're going to take all the
23:00 holes they shoot through you to build
23:02 something great you've got our attention
23:04 and we think by doing so you're going to
23:06 really shine a light and who better to
23:08 bring this world together I mean I want
23:10 teachers to be involved here I want
23:12 dentists I want the firemen I want these
23:13 amazing NYPD officers that have been so
23:16 gracious to us to be all in on this and
23:17 get a piece where they're not worrying
23:19 about like a 5% change because where we
23:22 may be able to take a 20% downgrade most
23:24 people who are consuming in their life
23:25 can't take that but if you're just like
23:27 listen your money be worth more every
23:29 single time and it's back by us
23:32 treasuries we've done two things we've
23:34 made sure that the American dollar stays
23:36 this settlement layer for another 60
23:37 years right and that should be a goal
23:39 for all of you if you don't understand
23:41 that go study back in the 50s and how we
23:42 got to where we're at and it will tell
23:44 you where the future's going and I think
23:46 that is amazing at the same time we give
23:48 them the freedom and the chance to
23:51 indulge in this amazing Arena that
23:52 they're not they haven't laced the right
23:54 skates up for yet so we're going to make
23:55 it real easy on them and hold their hand
23:57 through the space if that makes sense I
23:58 love that a lot there's been some
24:00 critique on the banks in this panel you
24:02 know some of it definitely just just a
24:04 little bit just a little bit but I but I
24:05 also heard you talk about you know
24:07 you're going to go after payroll flows
24:10 and really in a way work with the
24:12 existing institutions though I almost
24:13 feel like you're teasing an announcement
24:17 almost yeah we got have fun with it any
24:18 how do you view kind of working with the
24:21 traditional system to enable that access
24:22 a little bit more or is it really you
24:26 know working against it I think Zach you
24:28 want to grab that one yeah I mean think
24:30 there's certain there's certain pieces
24:32 of you know the financial system that
24:35 are just not going to go away and I
24:36 think what's going to happen is you're
24:37 going to see companies like World
24:39 Liberty financial and other companies
24:41 chain link you know I know Sergey is
24:42 here we saw him earlier he's a really
24:44 good friend of ours and without chain
24:46 link like none of this is even possible
24:48 so I think one of the things that we're
24:49 going to see is we're going to start
24:51 seeing you know the best of traditional
24:54 financial institutions pairing up with
24:56 the best of like the True Builders in
24:58 the defi space to come together and
25:01 create products where it takes the
25:02 pieces of you know everyday life like
25:04 Chase was alluding to like you know
25:07 direct deposit payroll who here is
25:09 really going to be happy if they wake up
25:10 on Friday morning you know and check
25:12 their account and their payroll hasn't
25:14 been deposited right so we're going to
25:17 have to find ways to work with companies
25:19 that manage payroll for large companies
25:21 and you know for all of these everyday
25:24 Americans to get that money
25:27 into some sort of a a crypto project or
25:30 product if that's going to truly replace
25:32 what's out there right now and at the
25:34 same time you can't just put your money
25:36 into a like a protocol and let it just
25:38 sit there because then when you go to
25:40 Starbucks you go to the grocery store
25:41 you go to the gas station what are you
25:43 going to do I mean you know I live in
25:46 Puerto Rico and uh we have Bitcoin ATMs
25:48 in Puerto Rico which is pretty cool to
25:51 see but it's such a pain to try to
25:52 figure out I can't even figure out how
25:53 to use this thing and you know I've been
25:55 in crypto for 10 years I've tried before
25:57 so what we need to do is we need to find
26:01 simple for point of sale to come into
26:03 the crypto world so that not only can
26:05 you get your money into crypto or Defi
26:06 and start earning more like Chase was
26:08 talking about but also be able to make
26:12 it easy for people to use like Apple pay
26:14 Google pay debit card payments at point
26:16 of sale so that you can not only earn
26:19 more in Defi and crypto but also be able
26:21 to utilize These funds for everyday
26:23 spending so and then it goes It goes
26:25 beyond that too when we start talking
26:27 about brokerage services and you know
26:28 all the Securities that you guys are
26:30 working on it Ono I don't think that
26:32 we're going to see Banks go anywhere I
26:34 mean we're not here like yes we're very
26:36 critical of the traditional system
26:38 that's in place but I think we can all
26:39 agree that like the banks aren't just
26:41 going to pack up and and go home because
26:43 like a bunch of guys with tattoos and
26:45 and t-shirts are here you know like it's
26:47 not it's it's unrealistic you know nor
26:48 do we want that to happen have to play
26:51 ball yeah we just want a place where
26:54 everybody can get more for their dollar
26:57 and feel more comfortable like you know
26:58 when we first sat down when when Zach
27:00 Chase and I first sat down with Don and
27:02 Eric to start talking about uh putting
27:04 this project together you know it became
27:06 very clear to us that they have been
27:08 through the exact same struggles that a
27:10 lot of us and other Tech Founders have
27:12 been talking about recently about being
27:14 debanked simply because you have any
27:16 sort of connection to crypto so that
27:18 alone having that lack of security that
27:20 your bank account is going to be there
27:22 in the morning that's terrifying right
27:23 everybody should be terrified whether
27:25 you're a school teacher or a billionaire
27:28 that's a scary thought so I think by
27:29 putting the power back in the hands of
27:31 the people which is a very American
27:33 concept and working with these
27:35 traditional institutions that have been
27:37 here since the beginning of our nation
27:39 it's going to be finding that happy
27:42 medium between self- custody as well as
27:44 you know some centralized custodianship
27:46 where we can trust in our dollar we can
27:48 trust that it's going to be the you know
27:50 the settlement layer of the entire world
27:53 like it has been since at least the' 50s
27:55 and also make these products really
27:57 simple and easy to use so I think that
27:59 we're going to see that shift where
28:02 trafi and defi kind of come together and
28:05 uh create this Blended ecosystem where
28:07 the products kind of do more for the end
28:10 user but also give the benefits that
28:12 come with uh some of the traditional
28:13 Financial interests that people have
28:15 been looking for yeah the cat's out of
28:16 the box I mean you guys made it that way
28:17 yeah so like at the end of the day
28:19 they've had a monopoly forever right so
28:20 the cat's out of the box so like they
28:22 have to adapt and that's all anybody has
28:24 ever wanted just and by the way that's
28:25 happening already corre that's evidenced
28:27 by the people who are reaching out to us
28:28 who came from correct you know the world
28:29 that maybe I'm crapping on a little bit
28:31 only because yeah listen I take it
28:32 personally was you know you know when
28:33 you're someone's buddy and then you no
28:35 longer get invited you wonder why it's
28:37 like I take it personally I'm a trump I
28:40 can't help myself but uh we we push back
28:41 but no the reality is I mean some of the
28:44 biggest people in that world are now hey
28:46 uh what's going on here how can we
28:47 partake and so I think you know we're
28:49 educating them as much as anything
28:51 because you know hey they've had an easy
28:52 system they've essentially had a
28:54 monopoly on all of this they've done
28:55 this there's a lot of middlemen in there
28:56 that probably have no business being
28:59 there we're going to force efficiency
29:01 even in those traditional markets and I
29:03 think you know that that's the natural
29:05 you know you know projection of where
29:07 this is going to go I think we're just
29:08 the accelerant that's going to force
29:11 that to happen faster and better than it
29:12 would if it just sort of sat there on
29:14 its own without it the blow you know put
29:15 it back to how it was started at the
29:16 beginning I think you know the banks
29:18 have bloated as they didn't because I
29:19 said they've kind of like run without
29:21 rails right and so like I think when you
29:22 open up this box and you show people
29:25 what they're capable of that you no no
29:26 no longer need that I mean I remember
29:28 the first share I ever bought I called
29:29 on the phone right I'm sure a lot of
29:31 people we to call it in then you waited
29:32 you're like all right did I get my
29:33 receipt from what' I get in at you know
29:35 what I'm saying so it's like the
29:36 evolution happened so fast but all of a
29:38 sudden we just stopped and like that
29:40 stopped evolving the world just kind of
29:41 like changed the product so we just
29:43 think that we really think banks have
29:44 the smartness inside and they will
29:46 evolve here and we'll all play fair game
29:48 and and once it's open for the world to
29:49 see you you can't really you know
29:51 there's no mishos that can take place
29:53 and we like that I think we're very
29:55 aligned in that overall vision of
29:57 bringing the Best of Both Worlds
29:58 together and then seeing where that
30:01 leads um Don I want to finish with a
30:03 question to you you have a lot of the
30:05 digital asset industry and crypto
30:06 industry gathered here today as well as
30:09 watching online are there any closing
30:10 thoughts or parting thoughts that you
30:13 want to leave us with well listen I I I
30:14 I want to just thank all of those people
30:16 whether it's the mem coin guys or the
30:18 Bitcoin guys or every everyone in
30:19 between I I I just want to thank them
30:21 for actually you know putting that faith
30:24 in uh in us both you know electorally as
30:26 well as you know what we see going on uh
30:28 right now uh and I'm going to assure you
30:30 that you know the the team that my
30:31 father put in place to do that is going
30:32 to deliver on those promises and I think
30:35 again it I truly believe it is the
30:37 future of Finance I think it's uh you
30:38 know where this is going I think it's an
30:41 incredible uh you thing for America and
30:42 the world and we're just excited to be a
30:44 part of it and I just you know want to
30:47 thank them for uh you know putting their
30:48 faith in us because again I I'm used to
30:49 people making a lot of promises and not
30:51 often delivering I assure you we're
30:53 going to deliver love that thank you so
30:55 much for joining us here today thanks
