Latest / The Paul Barron Crypto Show / Crypto Wallets At Risk!🚨AVAX Core Wallet Safe 🚀 Upgrades Coming! INTERVIEW

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Crypto Wallets At Risk!🚨AVAX Core Wallet Safe 🚀 Upgrades Coming! INTERVIEW · The Paul Barron Crypto Show

0:06
Speaker 1: Lots of news in the wallet space today. We'll be
0:08
Speaker 1: breaking it down for you with some big security concerns. Also,
0:10
Speaker 1: we have special guests, so it'd be a good one.
0:12
Speaker 1: My name is Swalbar. Welcome back in a tech path.
0:14
Speaker 1: I do want to thank our sponsor and that is
0:16
Speaker 1: a wallet for self custody and that is Tangum. You
0:19
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0:22
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0:24
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0:27
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0:29
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0:32
Speaker 1: it is one of the most secure and easiest wallets
0:34
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0:37
Speaker 1: If you haven't started your self custody journey, join it
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0:44
Speaker 1: I wanted to bring in Tess, who is coming in
0:46
Speaker 1: from the Core Wallet team and Ava Labs to join
0:50
Speaker 1: me today. Hey Tess, how are you Hi? Paul, I'm great,
0:52
Speaker 1: How are you excellent? Excellent? So we're going to be
0:55
Speaker 1: jumping into some wallet conversations today. Obviously, the big news
0:59
Speaker 1: right now is Microsoft just advanced their threat intelligence over
1:03
Speaker 1: there and they're talking about this incident response around what
1:07
Speaker 1: do they call it, the STEALATCHI rat risk that we're
1:09
Speaker 1: seeing within the wallets right now through a browser extension.
1:13
Speaker 1: So this is one of the things that obviously we
1:15
Speaker 1: wanted to bring you guys on to talk a little
1:17
Speaker 1: bit about. Ye First of all, what's your opinion on
1:20
Speaker 1: this Core is not necessarily on the list. I think
1:23
Speaker 1: there was a whole list here. Let me see, I
1:25
Speaker 1: can pull it up. Yeah, right here, gave us a
1:27
Speaker 1: full list. Core wasn't on it. So do you know
1:29
Speaker 1: for sure if it has sidestepped this issue?
1:32
Speaker 2: Our team, as part of our day to day routine,
1:35
Speaker 2: is trying to stay ahead of the curve and making
1:37
Speaker 2: sure that we're patching bugs, making sure that any potential
1:41
Speaker 2: issues that are being flagged in the industry at large
1:43
Speaker 2: are being accounted for effective immediately. So we do tend
1:48
Speaker 2: to we do tend to take security very seriously. We
1:52
Speaker 2: have our INFOSAC team constantly monitoring the space.
1:55
Speaker 1: If you guys are out there, always be just you
1:58
Speaker 1: cognizant of these kind of things. Time you're dealing with
2:00
Speaker 1: browser based extensions in almost everything including your banks as well.
2:06
Speaker 1: These are potential issues from a security standpoint that you
2:10
Speaker 1: need to kind of get into. I want to go
2:12
Speaker 1: over into a few points within Avalanche and also just
2:17
Speaker 1: within the Core app that we thought this is something
2:20
Speaker 1: that we've continued to cover on around advancements within the
2:25
Speaker 1: Core app itself. And I know you're working on the
2:27
Speaker 1: on the Core wallet, et cetera, but not necessarily rolling
2:30
Speaker 1: out just yet. These are just some good examples, things
2:34
Speaker 1: like you know, dj in chat and profiles, one click
2:37
Speaker 1: native staking with something like a go Go pool or Benki.
2:40
Speaker 1: Those are all great benefits, but it still takes a
2:42
Speaker 1: lot to get all that done. What advancements have you
2:46
Speaker 1: guys been able to achieve here recent line? I know
2:49
Speaker 1: there's a big update coming, what's coming down the pipe?
2:52
Speaker 2: Twenty twenty five is said to be a very exciting
2:54
Speaker 2: year for Core. Obviously the Avalanche space at large, we're
2:58
Speaker 2: seeing constant, a constant evolution with the latch of new
3:03
Speaker 2: l ones and just general improvement in infrastructure. The benefit
3:07
Speaker 2: that Core has to be part of Ava Labs team
3:10
Speaker 2: is that we are especially built for these new updates.
3:13
Speaker 2: So to your other point, twenty twenty five is going
3:16
Speaker 2: to be a very big year for us because we
3:19
Speaker 2: do have a major UI update going live, and this
3:23
Speaker 2: update doesn't just it's not just a surface level making
3:26
Speaker 2: the app look pretty update. It does acknowledge and improve
3:31
Speaker 2: a lot of things that users have been asking for.
3:33
Speaker 2: We do have a pretty good timeline of when this
3:37
Speaker 2: will be going live, so we have the mobile update
3:41
Speaker 2: going live in early April, and then the web will
3:46
Speaker 2: follow shortly after and then extension in early summer. So
3:51
Speaker 2: throughout this there's going to be a seamlessly there's not
3:54
Speaker 2: going to be any interruptions to Core usage. The different
3:57
Speaker 2: tools within the product line will look a little different
4:00
Speaker 2: as we work to kind of flesh that out throughout
4:03
Speaker 2: the product sphere, but very exciting updates coming out. If
4:06
Speaker 2: there are features in that list that our users do
4:10
Speaker 2: want to see sooner rather than later, I do encourage
4:12
Speaker 2: people to tag us on Twitter at Core app because
4:15
Speaker 2: we do have a pretty good response time to making
4:17
Speaker 2: sure that the features our users want to see are prioritized.
4:22
Speaker 2: It's not on this list, but we will be. We
4:24
Speaker 2: will be having it soon. Is the trending Tokens a
4:27
Speaker 2: trending Tokens page, So that's something that will be really
4:30
Speaker 2: helpful to our users. It's something they've been requesting for
4:32
Speaker 2: a while.
4:33
Speaker 1: One thing, just as so everybody understands with Avalanche, you've
4:36
Speaker 1: got the sea chain and then you have the l
4:38
Speaker 1: ones architecture within there. So onboarding is a challenge because
4:43
Speaker 1: I think a lot of people were anticipating that you
4:45
Speaker 1: would see maybe direct into l one onboarding versus going
4:49
Speaker 1: through seachain. So there is a bit of an extra step.
4:52
Speaker 1: One thing that we also put and this was in
4:54
Speaker 1: reference to em and he made a statement in here,
4:58
Speaker 1: so we responded to it. We stated, you know that
5:01
Speaker 1: we weren't really pleased with this, but it was based
5:03
Speaker 1: on three different while its Core was by far the
5:07
Speaker 1: worst in our opinion, because we had extra pop ups
5:11
Speaker 1: that eliminate our speed on initial swaps. That's a problem
5:14
Speaker 1: in trading, as you guys know, especially in DEEPI. And
5:17
Speaker 1: then at this point, Core should have also had a
5:19
Speaker 1: trending token page, which backs to your point, you're going
5:21
Speaker 1: to have it now, that's yeah, so that very soon.
5:25
Speaker 1: And an instant swap button, you know, that's the other
5:27
Speaker 1: thing that everybody's asking for, So.
5:30
Speaker 2: Yeah, totally, so something we see a lot. Actually we've
5:34
Speaker 2: been seeing a lot of this on Twitter too, and
5:36
Speaker 2: also just talking to users one to one to figure out,
5:39
Speaker 2: you know, what we could be doing better is some
5:41
Speaker 2: users do have pointed out that the experience in Core
5:45
Speaker 2: isn't truly and holistically in app, So that is actually
5:49
Speaker 2: something that we're working to improve actively. To your point
5:52
Speaker 2: with these pop ups when you're trying to do swaps,
5:55
Speaker 2: these are the kinds of features that are going to
5:56
Speaker 2: be addressed by our UI update across a mobile extension
6:01
Speaker 2: and web. So these issues over the course of twenty
6:04
Speaker 2: twenty five will happen less and less as the quality
6:08
Speaker 2: of DUI improves and the user journey remaining in app
6:11
Speaker 2: improves as well.
6:12
Speaker 1: Okay, very cool. Well I'm looking at your list here.
6:15
Speaker 1: This is on your Medium account there, and so new
6:18
Speaker 1: logo and brand look. We saw a little bit of
6:19
Speaker 1: the sneak peek on this already. We've reported on this
6:22
Speaker 1: mobile app you iid this is talking early spring, so
6:24
Speaker 1: April timeframe here. Mobile experience jumping in including uiaux new
6:29
Speaker 1: look feel, simpler flows which is good debugging, and then
6:33
Speaker 1: the website and then browser extension. Obviously, you guys are
6:36
Speaker 1: going to be very critical of your browser extension. I
6:40
Speaker 1: think now that Microsoft is out there going, hey, we've
6:43
Speaker 1: got a problem with this, so definitely, So okay, so
6:47
Speaker 1: this is a good roadmap. Are there any other items
6:49
Speaker 1: that are coming that are not on this list that
6:52
Speaker 1: you could share I At.
6:55
Speaker 2: This time, I can't say because we don't want to
6:59
Speaker 2: read anything. Some surprises, yes we have in early summer
7:03
Speaker 2: or something that I think existing users are going to
7:06
Speaker 2: be very very pleased to see, and something that will
7:09
Speaker 2: also help with the onboarding question that we touched on
7:13
Speaker 2: a little earlier. So something that we have maybe not
7:17
Speaker 2: focused on as much in the past is actually the
7:19
Speaker 2: front end experience. So we're trying to make sure that
7:22
Speaker 2: those map up match out very seamlessly this year.
7:25
Speaker 1: All right, let's jump over to social because this is
7:27
Speaker 1: something that we think is going to happen for sure,
7:30
Speaker 1: and that is wallet integration into a social platform. Now
7:34
Speaker 1: one of the platforms that most likely will happen. I
7:37
Speaker 1: know X is already trying to dabble in this, but
7:39
Speaker 1: we haven't seen anything real concrete coming out of it,
7:43
Speaker 1: and to a certain extent, I think some others, you know,
7:45
Speaker 1: Telegram most likely will make its way there. The one
7:49
Speaker 1: that we're watching though, is TikTok and I want to
7:51
Speaker 1: go to a clip real quick because this is talking
7:53
Speaker 1: about Project Liberty, because they have a new partner coming in.
7:56
Speaker 1: Take a look.
7:58
Speaker 3: You know you're both you both collaborate with a lot
7:59
Speaker 3: of partners. And my understanding now as you are collaborating
8:02
Speaker 3: together Project Liberty and Consensus, so tell us about that.
8:06
Speaker 4: We're incredibly excited to work with Project Liberty. And we
8:09
Speaker 4: have a technology that is a high throughput layer two
8:14
Speaker 4: zero knowledge, Theoeum Virtual Machine Network, and it provides scalability
8:19
Speaker 4: on the Ethereum platform. We will have excellent interoperability across
8:24
Speaker 4: different networks. Excited that they kick the tires and appreciated
8:28
Speaker 4: the technology and right to partner deeply with us.
8:31
Speaker 5: It's actually very very big news that we're working together.
8:37
Speaker 5: Ethereum is the dominant layer one and you know Meta
8:42
Speaker 5: mask is the dominant wallet. A very huge collaboration that
8:46
Speaker 5: you know, may not people may not realize it for
8:48
Speaker 5: a year or six months or something, but it's it's
8:51
Speaker 5: really seminal. It's much harder to make this mainstream through
8:55
Speaker 5: financial technology than it is through social So I think
8:58
Speaker 5: this is going to be a very very significant partnership.
9:01
Speaker 3: When you're from now, we'll be sitting right here and
9:03
Speaker 3: you'll tell us about how great it's going, all.
9:05
Speaker 1: Right, So that of course Joe lubin there with MetaMask,
9:09
Speaker 1: and the integration now with Frank McCort, who is leading
9:12
Speaker 1: Project Liberty. Project Liberty for many of you, maybe new
9:15
Speaker 1: listeners or viewers, Project Liberty has really amassed almost like
9:19
Speaker 1: an a team of investors, and we've got Kevin O'Leary
9:23
Speaker 1: in there. You've got Alexis o'hannian coming in from Reddit,
9:27
Speaker 1: Jimmy from Mister Beast, and now Meta mask all joining
9:30
Speaker 1: in on potentially a bid to get TikTok, the US
9:34
Speaker 1: version of it, at least with an American Text Act.
9:36
Speaker 1: So what it means is that we could have a
9:38
Speaker 1: wallet in a social media platform very quickly. So my
9:41
Speaker 1: question to you, Tess is you look at MiWi, which
9:44
Speaker 1: is a partner already of Avalanche, and I'm looking at
9:48
Speaker 1: right now because they're riding in on Frequency, which by
9:51
Speaker 1: the way, is the blockchain element that would potentially live
9:56
Speaker 1: under Project Liberty and possibly even connect to TikTok. But
10:00
Speaker 1: why not have Avalanche connected at least core wallet being
10:04
Speaker 1: able to connect with something like a MEW which is
10:06
Speaker 1: already a partner of Avalanche. What's going on.
10:08
Speaker 2: There, Well, first of all, I want to say I
10:10
Speaker 2: am super excited about what's going on with Project Liberty
10:14
Speaker 2: and Meta Mask. I think I'm a big subscriber to
10:16
Speaker 2: the Rising Tide ethos, and I think that every way
10:21
Speaker 2: that we can get consumers to be more aware of
10:23
Speaker 2: the real life and real world applications of blockchain tech
10:27
Speaker 2: and how it can improve even simple things like their
10:30
Speaker 2: social presence, it's an incredible way to onboard new users.
10:35
Speaker 2: And yeah, so I'm very excited about that, and congratulations
10:38
Speaker 2: to them. I think as far as as far as
10:42
Speaker 2: integrating partners to Core, that is something that, like I
10:48
Speaker 2: mentioned before, we're a very small team, so these kinds
10:50
Speaker 2: of things, these kinds of flags are really helpful to us.
10:53
Speaker 2: We have a lot of partner integrations already that do exist,
10:57
Speaker 2: and we're always open to integrating more. I think, yeah,
11:00
Speaker 2: if someone's an Avalanche ecosystem and they're excited to kind
11:03
Speaker 2: of partner a little more closely with Core or do
11:06
Speaker 2: something together, we're very open to that and eager to
11:10
Speaker 2: maybe kick off a conversation. So who knows, Paul, maybe
11:12
Speaker 2: this will I'll reach out to the new team and
11:15
Speaker 2: see if this sparks something cool.
11:16
Speaker 1: All right, well, let's hope. I think we're going to
11:19
Speaker 1: see a lot more of this. It's just a matter
11:21
Speaker 1: of time, espect. Really, if Project Liberty is successful on
11:25
Speaker 1: their move, let's talk about sea Chain, because there's an
11:28
Speaker 1: upgrade incoming right now. The likelihood of a sea Chain
11:33
Speaker 1: upgrade and the potential of what that means to users,
11:38
Speaker 1: to a lot of the l ones many of the
11:40
Speaker 1: partners that you guys have already signed and started to
11:43
Speaker 1: commit to. What does this mean for Avalanche? What does
11:47
Speaker 1: the rollout look like?
11:48
Speaker 2: Where Core comes into play is we're very ingrained and
11:51
Speaker 2: we actually help support the ICM, which is the Avalanche
11:54
Speaker 2: Interchain Messaging Protocol formerly called ICMP or one of the
11:59
Speaker 2: other Sunset names, but it's the ICM, and that's something
12:03
Speaker 2: that's ingrained very intimately with corese Tech being Avalanche's native
12:08
Speaker 2: wallet and being built by Ava Labs. It's something that
12:11
Speaker 2: is at the foundation of the wallet's infrastructure. So the
12:15
Speaker 2: way that this can benefiting user is that if there's
12:18
Speaker 2: a new project, or a new company or a new
12:21
Speaker 2: entity that spins up an L one, they're able to
12:24
Speaker 2: actually immediately they don't have to do anything on their end.
12:27
Speaker 2: It's immediately available Encore, and so what that means is
12:31
Speaker 2: immediate and direct access to consumers, an audience, a user base,
12:35
Speaker 2: whatever that is. So it's almost this baked in process
12:38
Speaker 2: that makes it. It makes it easier when a project
12:42
Speaker 2: or group or team is considering an avalanche L one.
12:46
Speaker 1: We're already seeing cross chain lending starting to build out
12:49
Speaker 1: on this with what yield yak is doing. Because you
12:52
Speaker 1: can deposit AVAX, borrow USDC. This is all available right now.
12:55
Speaker 1: Though it looks a little bit clunky, as you guys
12:57
Speaker 1: can kind of see here on saying you'll see something
12:59
Speaker 1: here a second that kind of blows your mind, But
13:03
Speaker 1: it's reference to the UI UX. So I look at
13:05
Speaker 1: that and I think, okay, there's some great opportunities here there.
13:08
Speaker 1: It is right there, So oh, you know, That's what
13:11
Speaker 1: I'm getting at is those kind of of UX fails
13:14
Speaker 1: that we're seeing within a lot of this early stage
13:17
Speaker 1: tech right now. Talk to me a little bit about
13:20
Speaker 1: how this is going to change with what you guys
13:22
Speaker 1: are doing right now with Core, what.
13:24
Speaker 2: The improvements of our UI in this spring will mean
13:28
Speaker 2: for users is a less clunky experience, a more seamless
13:32
Speaker 2: experience when trying to engage with those l ones or
13:35
Speaker 2: even from the team level creating those l ones. It
13:39
Speaker 2: makes their experience a little more stress free because we've
13:43
Speaker 2: kind of taken care of it for them. But yeah,
13:45
Speaker 2: certainly with the new UI, we want to make sure
13:48
Speaker 2: as I mentioned that transactions are seamless, we have those
13:53
Speaker 2: less pop ups at all of the all of the
13:56
Speaker 2: things now that require maybe popping out to a third
13:59
Speaker 2: party or leaving the app in any way, or having
14:02
Speaker 2: the end app experience interrupted in any way. We hope
14:05
Speaker 2: to sunset those things solely over the course of the year,
14:08
Speaker 2: so the experience becomes a lot easier.
14:10
Speaker 1: I've got a clip here. This is going in. We're
14:12
Speaker 1: going to kind of flip over to Yeah, let's do
14:14
Speaker 1: it the CCTP update and this is coming in from Circle.
14:19
Speaker 1: Let me play this for you and get your opinion
14:20
Speaker 1: to take a look.
14:22
Speaker 6: What if you can move you U SCC across chains
14:23
Speaker 6: in seconds with circus crossing trances of protocol. Otherwise on
14:27
Speaker 6: the CCDP you can do just that. More specifically CCDP
14:30
Speaker 6: version two that has new features such as fast transfer
14:34
Speaker 6: and hooks. Both ones used to see on Avalanche, but
14:38
Speaker 6: Ellis only has USC on Ethereum. Alis now has to
14:42
Speaker 6: find a reliable bridge to move our USC from Ethereum
14:45
Speaker 6: to Avalanche. Just payper. But there's a problem that is
14:49
Speaker 6: vulnerable to exploit. There's a technology that enables the secure
14:52
Speaker 6: movement of USC across chains. Version one on EVM chains
14:57
Speaker 6: takes about thirteen minutes, now takes about forty five seconds
15:01
Speaker 6: full V two.
15:02
Speaker 1: Big news there is Avalanche is first that has been
15:06
Speaker 1: great here and we'll be fastest right now, so that
15:10
Speaker 1: eventually this will start rolling out to everyone, you know,
15:13
Speaker 1: whether it's swee. Obviously we'll see more chains involved in this,
15:17
Speaker 1: but you look at this in terms of the future.
15:21
Speaker 1: I think how big is this update from Circle?
15:24
Speaker 2: I think it's amazing whenever I see these major updates
15:27
Speaker 2: that make it easier for a user to get involved
15:30
Speaker 2: in crypto more simple. A lot of a lot of
15:33
Speaker 2: what we find in user research and consumer research when
15:37
Speaker 2: new users who are maybe not cryptonative are looking to
15:40
Speaker 2: get involved in the space is that they're nervous putting
15:44
Speaker 2: the security risk fear aside. Kind of the second biggest
15:49
Speaker 2: thing we see is users potential new users saying well,
15:53
Speaker 2: this is a really confusing concept. There's a lot to learn,
15:56
Speaker 2: it seems complex. I don't know if I could do
15:58
Speaker 2: all of this technical stuff. And so these updates that
16:02
Speaker 2: make it easier for users to WOP, get live multichain
16:07
Speaker 2: lifestyles and get access to different kinds of tokens or
16:15
Speaker 2: swap you know, USDC to something else in an easier way,
16:19
Speaker 2: I think is huge. Definitely looking to looking to Circle
16:22
Speaker 2: to see what they do with this.
16:23
Speaker 1: Robinhood of course, yeah, connected in with Phantom, that was
16:27
Speaker 1: a pretty big move to where you could literally go
16:30
Speaker 1: right to your you know, your Phantom app and be
16:33
Speaker 1: able to access your spending power over Robinhood for USDC
16:36
Speaker 1: to be able to just move it quickly. Anything like
16:39
Speaker 1: that coming down the road for for you guys.
16:44
Speaker 2: Well, I had mentioned some exciting things coming up for
16:46
Speaker 2: Core later this year summer fall. I can't comment one
16:52
Speaker 2: way or the other, but I would definitely encourage users
16:54
Speaker 2: who are interested in that to to go follow us
16:58
Speaker 2: on Twitter and kind of keep up with our announcements
17:00
Speaker 2: coming up.
17:00
Speaker 1: Hey, listen, I'm excited to see the focus you know,
17:04
Speaker 1: from avalanche on Core because this is something I think
17:06
Speaker 1: that was missing. We've said it before and have been
17:09
Speaker 1: you know, I've been vocal to even John wu about this.
17:11
Speaker 1: I'm like, hey, Core has got a great opportunity here
17:14
Speaker 1: to get a market position totally. You guys need to move.
17:17
Speaker 1: I'm glad that you guys are moving, so kudos to you.
17:20
Speaker 4: Yeah.
17:21
Speaker 1: Last question is is really getting into banking? And when
17:25
Speaker 1: you talk about banking, you always have to talk about Ripple.
17:28
Speaker 1: Many people look at Ripple the company they are now
17:30
Speaker 1: eyeing a crypto wallet launch as part of their custom service.
17:34
Speaker 1: Then you have all these banks potentially gaining access to
17:37
Speaker 1: USDC as we get regulatory alignment coming out of DC.
17:42
Speaker 1: With that happening, what are your thoughts right now? Do
17:46
Speaker 1: you think banks are going to have their own wallets
17:49
Speaker 1: in the near future, and how do you think our
17:51
Speaker 1: Web three wallets will compete.
17:54
Speaker 2: I think it's a great question. I'm personally excited to
17:56
Speaker 2: see if that does end up happening. I think the
18:00
Speaker 2: more Web two players we can get into the Web
18:03
Speaker 2: three space, the better because that's going to get users
18:06
Speaker 2: involved and onboarded at scale in a way that we're
18:10
Speaker 2: not seeing right now. I think something we tend to
18:13
Speaker 2: at least me personally, something I tend to forget in
18:16
Speaker 2: my day to day is that we're still really we're
18:19
Speaker 2: still in a really young industry and we're still very
18:21
Speaker 2: early adopters to this, and there are you know, hundreds
18:26
Speaker 2: of millions of people in the world that have never
18:28
Speaker 2: touched a wallet, had never touched crypto. I think there's
18:31
Speaker 2: more than enough room for kind of everyone to get involved.
18:34
Speaker 2: And so this idea of these major financial institutions and
18:40
Speaker 2: banks and these major Web two players getting involved in
18:43
Speaker 2: the Web three space, be it with wallets or in
18:46
Speaker 2: some other way, I think it's really exciting and an
18:49
Speaker 2: opportunity for Core. You know, we have kind of a
18:53
Speaker 2: like being custom made for Avalanche. So the more people
18:56
Speaker 2: that we can get involved with Avalanche and Core and
18:59
Speaker 2: even other chains and ecosystems, I think it's a win
19:03
Speaker 2: for the crypto blockchain community at large.
19:07
Speaker 1: Yeah, this is the thing I talked to a lot
19:09
Speaker 1: of people about because I think, oh, eventually banking is
19:11
Speaker 1: going to take this over, and I'm like, listen, you know,
19:13
Speaker 1: the banks have kind of controlled finance for so long,
19:16
Speaker 1: and the only problem was is that all of the
19:19
Speaker 1: customers of those banks had no alternative. There was nothing,
19:22
Speaker 1: you know. Now we're seeing a rising of both elements,
19:26
Speaker 1: where we could see a web three or a neo
19:28
Speaker 1: style banks that will rise in terms of the use
19:31
Speaker 1: case of USDC wallets, et cetera, as well as banking functions,
19:35
Speaker 1: and then wallets themselves, I think are going to get
19:37
Speaker 1: a lot more sophisticated and literally may act as banks
19:42
Speaker 1: in the in the near future. Yeah, a lot of
19:45
Speaker 1: people for sure.
19:46
Speaker 2: So it's true. We wallets are truly at the front
19:51
Speaker 2: lines of consumer adoption to tech, and I think it's
19:55
Speaker 2: a mantle that we as a wallet community need to
19:58
Speaker 2: take upon ourselves to make sure that the user experiences
20:01
Speaker 2: are as smooth and easy and enjoyable as possible, because
20:06
Speaker 2: really it's it's often a consumer's first touch point with
20:11
Speaker 2: exactly space, and so yeah, it's really exciting. You already
20:15
Speaker 2: see also a lot of banks and these major institutions
20:18
Speaker 2: partnering with different l different blockchains in different ways, so
20:21
Speaker 2: I'm insurged to see how those relationships evolve.
20:24
Speaker 1: I still think it's going to get dominated by the
20:26
Speaker 1: under thirty to under thirty five crowd that hoctually you know,
20:30
Speaker 1: starts to understand what self custody is, and even to
20:33
Speaker 1: a certain extent, even the extension of being able to
20:35
Speaker 1: connect a wallet into you know, brokerage accounts, et cetera.
20:39
Speaker 1: Those I think are going to be the new dynamics
20:41
Speaker 1: of how we see this going forward. Unless banks can
20:44
Speaker 1: really play catch up quickly and come out with something.
20:46
Speaker 1: I just don't know that they're that nimble to be
20:49
Speaker 1: able to do that in the next two years.
20:51
Speaker 2: Has a lot of red tape.
20:53
Speaker 1: Yeah, yeah, so a lot a lot there. Hey, Tess,
20:56
Speaker 1: it was good having you on the show, and thank
20:58
Speaker 1: thank you so much for great meeting and glad that
21:00
Speaker 1: we have another space here on the network. But thanks
21:03
Speaker 1: for stopping in.
21:04
Speaker 2: Thank you so much, Paul. I really appreciate you having
21:06
Speaker 2: me on. This is fun, all.
21:07
Speaker 1: Right, you guys. If you are not in the Diamond Circle,
21:09
Speaker 1: get in right now. It's our own private member group.
21:11
Speaker 1: It's easy and it's free. It's super simple to join.
21:14
Speaker 1: We always leave a link down below, and of course
21:16
Speaker 1: you can get into the Telegram group. That's where I
21:18
Speaker 1: communicate with our audience directly. That's me in there talking
21:22
Speaker 1: with you guys, and you can use that link down below.
21:25
Speaker 1: As well. By the way, don't fall for any of
21:27
Speaker 1: the other telegram groups. There's only one, and it's the
21:30
Speaker 1: one we always put right here on our YouTube channel
21:32
Speaker 1: or on our website, and of course you can catch
21:34
Speaker 1: me out there on x at Paul Baron. We'll catch
21:37
Speaker 1: you next time right here on Techpath