WEBVTT 1 00:00:00.040 --> 00:00:05.040 I would say the biggest user of our kiosk is someone who needs the crypto 2 00:00:05.440 --> 00:00:10.919 instantly. You know, a lot of these exchanges online have like really large 3 00:00:11.000 --> 00:00:15.480 lockups, like probably like three to five days, right, I mean, 4 00:00:15.560 --> 00:00:19.519 like it's very very long to get your crypto versus you know, if you 5 00:00:19.519 --> 00:00:22.600 need to like go into a mint now or like an NFT minch or whatever 6 00:00:22.640 --> 00:00:27.320 it is, or like like a new offering or whatever you need to do. 7 00:00:27.359 --> 00:00:29.600 But it's like, if you need the crypto in less than three to 8 00:00:29.640 --> 00:00:33.719 five days, then basically, you know, a crypto ATM is a great 9 00:00:33.880 --> 00:00:45.320 solution for you. This content is brought to you by v chain, which 10 00:00:45.359 --> 00:00:51.039 is a leading enterprise grade Layer one public blockchain spear hitting a digital revolution from 11 00:00:51.079 --> 00:00:56.359 a sustainable, highly scalable smart contract platform. The v chain blockchain has many 12 00:00:56.479 --> 00:01:02.000 unique features which makes it an ideal choice for three applications. V chain is 13 00:01:02.039 --> 00:01:07.959 working with many great enterprises such as PWCGVONCI, BMW, and Walmart China. 14 00:01:07.239 --> 00:01:14.400 Most recently, they partnered with the Boston Consulting Group to build a revolutionary decentralized 15 00:01:14.439 --> 00:01:19.280 application ecosystem. I'm a big believer in this project. I have been since 16 00:01:19.319 --> 00:01:23.599 twenty eighteen. I've been a VET token holder for years and this blockchain is 17 00:01:23.719 --> 00:01:29.280 highly scalable, great with security and speed, and it has low energy consumption. 18 00:01:29.760 --> 00:01:33.359 If you'd like to learn more about v chain, please visit vchain dot 19 00:01:33.480 --> 00:01:37.719 org. Link will be in a description. Welcome to the Thinking Crypto Podcast, 20 00:01:37.799 --> 00:01:42.439 your home for cryptocurrency news and interviews. With me today is Daniel Polotski, 21 00:01:42.599 --> 00:01:46.239 who's the founder and chairman of coin Flip. Daniel, great to have 22 00:01:46.319 --> 00:01:49.519 you on. Yep, thank you, Tony, thank you so much for 23 00:01:49.560 --> 00:01:53.480 having me on, and really appreciate it. So, Daniel, want to 24 00:01:53.560 --> 00:01:56.120 learn about coin flip and all the great things you guys are doing. But 25 00:01:56.200 --> 00:01:59.480 let's start with your background. Tell us about where you're from and what's your 26 00:01:59.519 --> 00:02:07.040 professional background. For sure, I'm from the northern suburbs of Chicago. My 27 00:02:07.200 --> 00:02:12.360 parents actually immigrated to the US from the Soviet Union in nineteen ninety one, 28 00:02:12.960 --> 00:02:17.520 so I'm kind of like Soviet American. I guess that's the combination I have. 29 00:02:17.680 --> 00:02:23.400 And I've basically been in the Chicago Land area all my life. I 30 00:02:23.479 --> 00:02:28.479 have in terms of my professional background, I've never had like any other full 31 00:02:28.520 --> 00:02:31.759 time job other than coin flip that like was like for an extended period. 32 00:02:31.840 --> 00:02:37.319 But I did a lot of sales stuff. I sold cutco knives, so 33 00:02:37.400 --> 00:02:39.360 that's kind of how I cut my teeth in sales. I've always liked sales 34 00:02:39.400 --> 00:02:44.319 because I felt like it was always very like character building, you know, 35 00:02:44.439 --> 00:02:46.680 kind of like being told no and just kind of like cut on coming back 36 00:02:46.759 --> 00:02:52.199 from being told like you know, it's not going to work out whatever, 37 00:02:52.360 --> 00:02:54.919 just kind of developing a thick skin. I did sales for Uber. I 38 00:02:54.960 --> 00:03:00.919 did sales for Coca Cola as well, so that's kind of like one part 39 00:03:00.919 --> 00:03:02.919 of my professional background. And then I just did a lot of like traditional 40 00:03:04.000 --> 00:03:09.280 finance finance internships in college. I worked at Morgan Stanley, I worked at 41 00:03:09.400 --> 00:03:14.000 r j O'Brian, I worked at Citadel. So I guess like what I 42 00:03:14.039 --> 00:03:16.360 do now is kind of a combination of like the you know, the sales 43 00:03:16.400 --> 00:03:23.080 and entrepreneurship of the Coco Nives, Super Coca Cola, and the traditional finance 44 00:03:23.120 --> 00:03:27.000 of like Morgan Stanley, r Joe Brian, Citadel. I feel like they 45 00:03:27.199 --> 00:03:30.360 combined together. It's kind of like Bitcoin entrepreneurship because there's a lot of bad 46 00:03:30.560 --> 00:03:37.080 like overlapping shurance. So what was your first encounter with bitcoin and when did 47 00:03:37.080 --> 00:03:39.560 it click for you? What was your aha moment? Honestly, the first 48 00:03:39.560 --> 00:03:45.680 time I learned about bitcoin, it was when the price was going up a 49 00:03:45.680 --> 00:03:49.039 lot in twenty thirteen. And you know what happens when the price goes up 50 00:03:49.159 --> 00:03:52.360 is everyone starts to report on it and kind of go crazy. I mean, 51 00:03:52.400 --> 00:03:54.199 it wasn't as big back then, but there was still kind of this 52 00:03:54.360 --> 00:03:57.639 like jump. You know, the price was going up to like over a 53 00:03:57.719 --> 00:04:01.520 thousand bucks a coin, and people were talking about it, and honestly, 54 00:04:01.599 --> 00:04:06.680 I, you know, I didn't really get it at first. I thought 55 00:04:06.800 --> 00:04:11.240 that, you know, just whatever, this bitcoin thing, sure like sounds 56 00:04:11.280 --> 00:04:15.240 like a bunch of like hype. But I think like my finance and my 57 00:04:15.279 --> 00:04:19.199 econ background kind of helped me out to understand it. You know. I 58 00:04:19.279 --> 00:04:25.240 kept maybe, I did a little bit more research, and then over time 59 00:04:25.319 --> 00:04:28.000 it like dawned on me. It was kind of like, Okay, Wow, 60 00:04:28.040 --> 00:04:30.040 there's this like currency asset. You know, it's not issued by the 61 00:04:30.079 --> 00:04:34.920 government, could be sent halfway across the world twenty four to seven for a 62 00:04:34.959 --> 00:04:39.839 few dollars. Like compare that to like a bank wire transfer, you know, 63 00:04:40.360 --> 00:04:45.439 all on a publicly available fraud proof database and all you had to participate 64 00:04:46.199 --> 00:04:50.040 to do to participate was to download an app. So it really was something 65 00:04:50.079 --> 00:04:54.519 that was new. I kind of at the time thought of it as like 66 00:04:54.639 --> 00:05:00.199 lightweight gold, and I thought that it was really revolutionary. But it was 67 00:05:00.319 --> 00:05:03.720 very kind of difficult to buy crypto and to have the service that I felt 68 00:05:03.720 --> 00:05:06.680 like was needed to enter a new industry, which is kind of I guess 69 00:05:06.720 --> 00:05:14.920 how the idea for coin flip came to be, And you know, what 70 00:05:15.040 --> 00:05:17.360 was the process like starting coin flip, You know, when did it go 71 00:05:17.439 --> 00:05:21.279 from you know, I get bigcoin. I understand what's happening here. I 72 00:05:21.319 --> 00:05:26.519 want to make it easy for people to be able to access this asset. 73 00:05:27.160 --> 00:05:31.199 How did that idea go to this becoming a company. I think it just 74 00:05:31.319 --> 00:05:39.439 kind of stemmed from my experience buying bitcoin back in the day. It was 75 00:05:39.600 --> 00:05:43.519 not as easy as I thought, Like the online services really, like even 76 00:05:43.519 --> 00:05:47.279 coinbase whatever, it was taking forever to onboard you as a customer. There 77 00:05:47.319 --> 00:05:53.160 was no real customer service where you could actually speak to anyone. The crypto 78 00:05:53.279 --> 00:05:56.279 wasn't released instantly, and I'm like, there has to be a better way. 79 00:05:56.319 --> 00:06:00.120 You know, people were literally resorting to like meeting in person at Starbucks 80 00:06:00.120 --> 00:06:03.600 to get crypto for cash, and it's like that's not scalable, you know, 81 00:06:03.680 --> 00:06:09.920 that's not safe. So that's where the idea of kind of the kiosk 82 00:06:10.079 --> 00:06:13.399 came into play. It would be a scalable, safe way to get bitcoin. 83 00:06:14.920 --> 00:06:18.000 You'd be able to talk to somebody twenty four to seven, and you'd 84 00:06:18.000 --> 00:06:20.600 be able to get the crypto before you even got back to your car. 85 00:06:21.240 --> 00:06:25.120 So it really was just kind of like a convenient way. And I just 86 00:06:25.839 --> 00:06:28.120 I didn't really know what I was getting myself into. I was just kind 87 00:06:28.120 --> 00:06:30.639 of a college student and I'm like, okay, like I think it would 88 00:06:30.639 --> 00:06:34.439 be cool to get people to buy bitcoin, you know, put a few 89 00:06:34.480 --> 00:06:39.360 kiosks down, kind of just see what happens. And I think I was 90 00:06:39.399 --> 00:06:42.199 just at the right place at the right time, you know. I found 91 00:06:42.199 --> 00:06:46.839 some amazing teammates, and I think that we really ran with it and caught 92 00:06:46.920 --> 00:06:49.360 lightning in a bottle. But at first, I just kind of thought of 93 00:06:49.399 --> 00:06:53.800 it as just a cool experiment to see what would happen and see if I 94 00:06:53.800 --> 00:06:58.600 could, you know, do something and push bitcoin forward. Yeah, and 95 00:06:58.839 --> 00:07:02.680 I read that you guys have forty five hundred kios across like forty nine US 96 00:07:02.720 --> 00:07:08.720 states and as well as countries like Canada, Australia and so forth. So 97 00:07:09.079 --> 00:07:13.079 you've really grown the business. Tell us about you know, is it just 98 00:07:13.160 --> 00:07:16.480 the ATM business, but do you also have other services as well? We 99 00:07:16.519 --> 00:07:20.360 have other services. Yeah, we are up to almost six thousand kiosks globally 100 00:07:20.439 --> 00:07:25.360 now, but that was kind of the first step. Is the kiosk definitely 101 00:07:25.399 --> 00:07:29.680 have the cash on ramp, the convenience being able to get crypto instantly. 102 00:07:30.519 --> 00:07:34.439 We also launched quin Flip Preferred, which is our OTC desk, and I 103 00:07:34.480 --> 00:07:38.240 think that the really cool part about that is we're going to get on the 104 00:07:38.240 --> 00:07:41.000 phone with you regardless of how much. Yeah, I mean there's like some 105 00:07:41.120 --> 00:07:44.000 minimum, but you know, even if you're doing like a five ten thousand 106 00:07:44.040 --> 00:07:46.800 dollars transaction, like you can get on the phone with one of our representatives 107 00:07:46.839 --> 00:07:50.839 and like talk and it's basically twenty four to seven customer support, which is 108 00:07:51.680 --> 00:07:55.519 very different than a lot of these other services that won't even pick up the 109 00:07:55.519 --> 00:08:01.680 phone and sometimes you know, traditional OTC desks won't even take transactions like under 110 00:08:01.720 --> 00:08:05.120 a million dollars. But you know, I think that we are really here 111 00:08:05.120 --> 00:08:09.399 to like make people learn about crypto and get people crypto into people's hands. 112 00:08:09.439 --> 00:08:11.319 And we're going to be able to talk to you, you know, even 113 00:08:11.360 --> 00:08:15.079 for like a five ten thousand dollars trade, so that's something we're really proud 114 00:08:15.079 --> 00:08:20.800 of. We also have a venture arm, so we invest in smaller, 115 00:08:22.120 --> 00:08:24.040 you know, blockchain projects, hopefully ones that are going to like you know, 116 00:08:24.120 --> 00:08:30.759 take off. And we have our app which allows people to find locations. 117 00:08:31.079 --> 00:08:33.799 It's also a wallet, it allows people to buy and sell crypto. 118 00:08:35.240 --> 00:08:39.480 So that's kind of like the four main parts of our business. But yes, 119 00:08:39.480 --> 00:08:43.480 of course we're known for the kiosks mostly, oh for sure. So 120 00:08:43.039 --> 00:08:46.720 tell us about which crypto assets you support, you know, is it like 121 00:08:46.720 --> 00:08:52.120 the top ten, and what's your plans for adding more and so forth. 122 00:08:52.679 --> 00:08:56.399 Yeah, I mean we are always looking for new crypto assets to add. 123 00:08:56.440 --> 00:09:01.120 I mean it's you know, we want to be very careful with like regulations 124 00:09:01.159 --> 00:09:05.480 and making sure that there's like regulatory clarity before we add new assets. But 125 00:09:05.679 --> 00:09:11.080 I mean the biggest assets that we sell our bitcoin, Ethereum, light coin, 126 00:09:11.159 --> 00:09:13.639 and dogecoin. Those are still the biggest ones that retail customers buy but 127 00:09:13.679 --> 00:09:18.080 we probably have around you know, like ten assets, and on the OTC 128 00:09:18.240 --> 00:09:20.720 desk, we definitely have even more that we support. But I'd say those 129 00:09:20.720 --> 00:09:26.440 are the biggest drivers of our business, and I think that the goal is 130 00:09:26.480 --> 00:09:30.840 always to add more, especially ones with like really big like community support. 131 00:09:31.360 --> 00:09:35.720 I think those always go over well. So I would love to get a 132 00:09:35.759 --> 00:09:39.320 little bit more clarity in the US and then hopefully we can list even more 133 00:09:39.360 --> 00:09:43.960 assets and have even more happy customers for sure. Yeah, and look at 134 00:09:45.039 --> 00:09:48.919 and that's a challenge for not only you, but a ton of other entrepreneurs 135 00:09:48.000 --> 00:09:52.440 right in the US. And we're all waiting for Congress to act and to 136 00:09:52.799 --> 00:09:54.519 figure out what the hell is the SEC is going to do to ce FTC 137 00:09:54.639 --> 00:09:58.240 and all that. But it seems like we're on the path to it is 138 00:09:58.279 --> 00:10:01.519 just slow, you know slow. I mean I think that you know, 139 00:10:01.840 --> 00:10:05.279 good things take time, right, That's what I tell myself at least, 140 00:10:07.159 --> 00:10:11.120 so walk us through the process. So let's say I'm the average joe, 141 00:10:11.480 --> 00:10:13.559 you know, I'm going to the supermarket or something. I see a coin 142 00:10:13.639 --> 00:10:16.360 flip kiosk and I'm like, oh, you know what, I want to 143 00:10:16.360 --> 00:10:20.440 grab some bitcoin. I see I heard all these news and I see people 144 00:10:20.480 --> 00:10:24.559 investing in it, what's the process for them to do that? We try 145 00:10:24.559 --> 00:10:26.960 to make it as simple as possible, you know. That's kind of like 146 00:10:28.039 --> 00:10:31.840 one of our big value ads is you go to the Kiosk and to the 147 00:10:31.879 --> 00:10:35.960 required info, the QR code will scan. You scan your QR code, 148 00:10:37.080 --> 00:10:41.799 immediately insert the cash, and then you receive crypto before you can get back 149 00:10:41.799 --> 00:10:45.600 to your car. So like a lot of these other online exchanges, like 150 00:10:45.639 --> 00:10:48.960 they have very long lockups for your crypto, and I think that a big 151 00:10:50.080 --> 00:10:52.720 value add of our Kiosk is like you're going to get this crypto immediately, 152 00:10:54.120 --> 00:10:56.799 and we just really try to like boil it down to make it as simple 153 00:10:56.840 --> 00:11:00.960 as possible, especially for people who are new to the space and they you 154 00:11:01.000 --> 00:11:05.399 know, need an easy, quick way to receive a crypto that isn't like 155 00:11:05.480 --> 00:11:09.840 super intimidating. Yeah, so it's that simple. You go, you just 156 00:11:11.120 --> 00:11:13.960 do this sign up part, put your cash in BAM and I would say, 157 00:11:15.320 --> 00:11:16.840 yeah, less than five minutes. And we also have a way that 158 00:11:16.879 --> 00:11:20.879 you can pre register online, Like if you go online, you can actually 159 00:11:20.919 --> 00:11:24.200 register and then by the time you get to the Kiosk, you're basically in 160 00:11:24.240 --> 00:11:28.240 and out in a few minutes. Now, you you mentioned you guys have 161 00:11:28.320 --> 00:11:33.240 an app and it's a wallet service as well. So is that wallet, 162 00:11:33.639 --> 00:11:37.759 you know, like the normal wallet experience where I can if I want to 163 00:11:37.759 --> 00:11:41.879 send a family member some of the bitcoin I bought right through through coin FIP, 164 00:11:41.879 --> 00:11:45.080 can I do that? Yes? Of course. Yeah, it's a 165 00:11:45.120 --> 00:11:50.000 fully functioning crypto wallet. We try to make it as user friendly as possible 166 00:11:50.000 --> 00:11:54.840 and also like augment the ATM experience. Mm hmmm. So a question I 167 00:11:54.840 --> 00:12:00.399 guess I would have and what users may want to know is, uh, 168 00:12:00.519 --> 00:12:03.440 how are you custoding the assets? Right? Are you using one of the 169 00:12:03.519 --> 00:12:07.200 custodians in the market. Tell us a bit about that. Are you talking 170 00:12:07.240 --> 00:12:11.240 about for a wallet? Oh? So, I guess I apologize. I 171 00:12:11.279 --> 00:12:16.279 should give you some more details. Is it a self custody wallet or are 172 00:12:16.240 --> 00:12:20.639 of Now, yes, it's a self custody wallet. We do like everyone 173 00:12:20.720 --> 00:12:24.200 kind of encrypto says like, you know, not your keys and not your 174 00:12:24.240 --> 00:12:28.000 coin, and I definitely I guess agree with that to an extent. But 175 00:12:28.039 --> 00:12:30.919 I think that, you know, some people want to be in charge of 176 00:12:30.960 --> 00:12:35.159 their own security, some people don't, So I think that it's good to 177 00:12:35.159 --> 00:12:39.440 give customers options and kind of have you know, a custodial wallet as well, 178 00:12:39.440 --> 00:12:41.840 where you trust us with your keys as well. But yeah, now 179 00:12:41.879 --> 00:12:45.919 it's a self custodial wallet, so it's it's all on you, you know, 180 00:12:46.480 --> 00:12:48.759 make sure that everything is secure, which some people love, some people 181 00:12:48.799 --> 00:12:52.960 don't love, which is why I want to maximize optionality. Yeah, and 182 00:12:54.000 --> 00:12:56.320 you know, and we'll talk about about this, Daniel, about the demographics 183 00:12:56.320 --> 00:13:01.039 and the people who are buying right through the kiosk. But I think I 184 00:13:01.080 --> 00:13:05.159 love the idea that you're going to offer both options because I think about like 185 00:13:05.240 --> 00:13:09.039 my mom and dad, right, they want to exposure. But let's say 186 00:13:09.039 --> 00:13:13.639 my dad walks in and he buys Bitcoinno in there, I don't think he's 187 00:13:13.639 --> 00:13:16.919 going to want a self custody because he's used to the bank custodies all my 188 00:13:18.080 --> 00:13:20.360 money and my other assets. Right, He's like, what the hell is 189 00:13:20.399 --> 00:13:24.840 self custody to me? Now I care about self custody and I self custody 190 00:13:24.879 --> 00:13:30.039 my assets. Right. But then not everyone is in from the same walk 191 00:13:30.039 --> 00:13:33.720 of life. Not everyone understands tech to the same degree, and we're at 192 00:13:33.720 --> 00:13:37.159 different ages and different demographics, so some people are going to be like, 193 00:13:37.159 --> 00:13:39.799 hey, I want it to just be in a safe place that I know 194 00:13:39.279 --> 00:13:41.720 about, right custody For me, I don't want to go through the whole 195 00:13:41.759 --> 00:13:46.960 private key stuff. True. And what I always say is like why either 196 00:13:46.200 --> 00:13:52.120 or right, Like, you could have some of your funds in self custody 197 00:13:52.159 --> 00:13:54.080 wallets. You can have some of your funds, you know, custody with 198 00:13:54.120 --> 00:13:56.879 other people, right, Like, it doesn't have to be like this binary 199 00:13:58.039 --> 00:14:01.879 choice, Like you could spread out your funds and maybe that actually lowers your 200 00:14:01.960 --> 00:14:05.960 risk because like, yeah, maybe you don't trust coinbase, but like do 201 00:14:05.000 --> 00:14:07.879 you trust yourself either, right, Like you know, don't put all your 202 00:14:07.919 --> 00:14:13.960 eggs in one basket. Yeah, absolutely, Now tell us tell me a 203 00:14:15.000 --> 00:14:18.759 bit about and if you can, because I know this is a proprietary data 204 00:14:18.840 --> 00:14:24.559 on your end, what type of users or I should say, what type 205 00:14:24.559 --> 00:14:28.519 of demographic of the people who are using the kiosk are you seeing? And 206 00:14:28.559 --> 00:14:33.000 I know that may differ in different regions based on a lot of different demographics 207 00:14:33.000 --> 00:14:37.840 that use the kiosk. It's definitely not just one kind of person. I 208 00:14:37.840 --> 00:14:43.720 would say the biggest user of our kiosk is someone who needs the crypto instantly. 209 00:14:43.519 --> 00:14:48.120 You know, a lot of these exchanges online have like, you know, 210 00:14:48.840 --> 00:14:54.039 really large lockups, like probably like three to five days, right, 211 00:14:54.159 --> 00:14:58.240 I mean, like it's very very long to get your crypto versus you know, 212 00:14:58.240 --> 00:15:01.159 if you need to go into a mint now or like an NFT mint 213 00:15:01.240 --> 00:15:05.000 or whatever it is, or like like a new offering or whatever you need 214 00:15:05.039 --> 00:15:07.440 to do. But it's like if you need the crypto in less than three 215 00:15:07.480 --> 00:15:11.240 to five days, then basically, you know, a crypto ATM is a 216 00:15:11.279 --> 00:15:16.200 great solution for you. I'd also say that people who use cash obviously were 217 00:15:16.240 --> 00:15:20.559 the only cash on ramp. You can't really go to like coinbase or like 218 00:15:20.639 --> 00:15:24.440 drop off cash, they won't accept it. So if it's people who use 219 00:15:24.480 --> 00:15:28.159 cash for any reason or get paid in cash, maybe people who are a 220 00:15:28.200 --> 00:15:33.080 little bit more wary of traditional financial services. You know, they don't want 221 00:15:33.120 --> 00:15:37.679 to pay overdraft fees, they don't want to be you know, kind of 222 00:15:37.720 --> 00:15:39.159 like dealing with their bank. It's like, oh, can I withdraw my 223 00:15:39.200 --> 00:15:41.679 money? Can I withdraw only this much? You know, they just kind 224 00:15:41.679 --> 00:15:46.320 of want to be in control of their own funds and don't want to deal 225 00:15:46.399 --> 00:15:50.720 with traditional financial services. And I think just a lot of it is like 226 00:15:52.120 --> 00:15:54.799 kind of people who are intimidated, you know, by the lack of support 227 00:15:54.960 --> 00:15:58.120 on an online exchange. Sure, and they want to be able to speak 228 00:15:58.159 --> 00:16:02.840 to somebody twenty four seven and get the support they need before entering, you 229 00:16:02.879 --> 00:16:07.399 know, such a new industry, you know. And I think that there 230 00:16:07.399 --> 00:16:11.879 are just also investors that may trust us more than online exchanges because there is 231 00:16:11.960 --> 00:16:15.679 that like personal touch. You can call somebody twenty four to seven, you 232 00:16:15.759 --> 00:16:18.879 can get the support you need, and we try to make it like way 233 00:16:18.960 --> 00:16:26.000 less intimidating, you know. Yeah, I think that's a great service ad 234 00:16:26.080 --> 00:16:27.960 you know, having that phone number, having someone that they can talk to, 235 00:16:29.080 --> 00:16:33.519 because it just goes back to not everyone is at the same level technology 236 00:16:33.519 --> 00:16:37.480 wise, trust, right, it just depends on your background, your upbringing 237 00:16:37.759 --> 00:16:41.720 and what you've experienced with. And then I also think about and I want 238 00:16:41.759 --> 00:16:45.679 to make sure I frame this right. Look that there are people who don't 239 00:16:47.039 --> 00:16:49.840 you know, from a financial inclusivity standpoint, They're not there, right, 240 00:16:49.879 --> 00:16:53.320 Maybe they're a lower income or whatever it is, but they're trying to break 241 00:16:53.360 --> 00:16:56.559 through. They're trying to uh maybe they're hearing about investing, but they're like, 242 00:16:57.080 --> 00:17:00.200 how do I even do that? And that yeah, that exists in 243 00:17:00.240 --> 00:17:03.679 different parts of the world, even in the United States, and I've seen 244 00:17:03.720 --> 00:17:07.279 it. But having a Kiosk, I don't have to go jump through a 245 00:17:07.279 --> 00:17:12.440 ton of hoops. I don't have to learn to be about credited or this 246 00:17:12.599 --> 00:17:17.359 or that or whatever. Just simple, Oh, I have fifty bucks, 247 00:17:17.400 --> 00:17:19.960 I'm gonna buy fifty bucks a bitcoin, and I've got an asset that can 248 00:17:21.039 --> 00:17:25.039 grow, and then it's that simple for them exactly. And it's like, 249 00:17:25.880 --> 00:17:30.359 you know, if you're like if you are lacking investment resources, then you 250 00:17:30.400 --> 00:17:34.920 know, you're purchasing power is kind of being taken by inflation. So it's 251 00:17:34.960 --> 00:17:41.359 like if you can get that dollar or whatever into cryptocurrency or something that you 252 00:17:41.359 --> 00:17:44.079 can actually invest in, which you could then turn into like you know, 253 00:17:44.599 --> 00:17:48.279 financially, like maybe like a tokenized Tesla stock. I mean that's more for 254 00:17:48.279 --> 00:17:49.559 the future whatever. But it's just like, if you can get into the 255 00:17:49.559 --> 00:17:55.359 cryptoeconomy and actually invest with your cash, you're going to be able to maintain 256 00:17:55.480 --> 00:17:59.440 or even increase your purchasing power versus like if you kept that cash under a 257 00:17:59.519 --> 00:18:03.720 mattress something like that. You know, yeah, and I think, you 258 00:18:03.759 --> 00:18:11.920 know, there's more education that's needed to help people in the lower income part 259 00:18:11.920 --> 00:18:17.720 of the economy to to be able to put their money in assets and let 260 00:18:17.759 --> 00:18:22.839 it grow. Because to your point, some may have the outdated knowledge a 261 00:18:22.920 --> 00:18:26.400 well, I need to store all my cash in the bank or under my 262 00:18:26.480 --> 00:18:30.039 mattress. But that's not the way. It's a different world, different economy 263 00:18:30.039 --> 00:18:34.359 with the basement of currency is going crazy, right, So of course, 264 00:18:34.440 --> 00:18:37.200 yeah, there's there's a lot of inflation, and like you know, especially 265 00:18:37.200 --> 00:18:41.279 it's a very immigrant mindset as well, you know, like you know, 266 00:18:41.319 --> 00:18:45.359 you don't like especially you know, the US is more or less like a 267 00:18:45.440 --> 00:18:47.880 decent place, I think, Kevin, I'm from here. I love it 268 00:18:47.960 --> 00:18:49.720 here, but like in other countries, you know, you don't trust the 269 00:18:49.759 --> 00:18:53.519 banks. You know, you don't trust the stock market or whatever it is, 270 00:18:53.559 --> 00:18:56.359 so you like hoard all your money under the mattress. Right, It's 271 00:18:56.400 --> 00:19:00.240 like now like the mindset has shifted, and like especially you know, with 272 00:19:00.400 --> 00:19:04.279 more with interest rates being lower or whatever. You know, there's more inflation, 273 00:19:04.440 --> 00:19:08.319 and it's just like you need to know how to invest your assets to 274 00:19:08.319 --> 00:19:14.319 hopefully make them grow. Yeah, absolutely, so tell us what's on your 275 00:19:14.400 --> 00:19:21.519 twenty twenty four roadmap? For sure, I think just expanding the kiosks internationally 276 00:19:21.599 --> 00:19:26.599 more really making this available to people in every single country places. You know, 277 00:19:26.680 --> 00:19:32.160 sometimes we're inflation is in the double digits. I think expanding our OTC 278 00:19:32.359 --> 00:19:37.720 desk, really offering more services for our high net worth individuals and smaller institutions 279 00:19:37.720 --> 00:19:41.160 as well, continue to make venture investments. I mean, obviously the cycle 280 00:19:41.240 --> 00:19:47.440 is probably going to start soon, but really just keep seating the ecosystem and 281 00:19:47.480 --> 00:19:51.559 making sure that it grows, and that kind of like coin flip is a 282 00:19:51.559 --> 00:19:53.279 part of that. Add features to our app. You know, right now 283 00:19:53.279 --> 00:19:56.880 we have a wallet buying and selling, but there can be plenty of other 284 00:19:56.960 --> 00:20:02.279 features like staking or lending, or there's a whole bunch of options that we 285 00:20:02.279 --> 00:20:07.559 can offer our people. And I think that really just kind of reinventing the 286 00:20:07.680 --> 00:20:12.599 kiosk to maybe even go beyond crypto, Like maybe we could potentially serve as 287 00:20:12.640 --> 00:20:17.920 like a gaming on ramp for all cash transactions, or like bill pay or 288 00:20:17.960 --> 00:20:19.799 like what I'm really excited about is, you know, if we have enough 289 00:20:19.839 --> 00:20:27.880 of these kiosks internationally, then you've kind of created like a global remittance network 290 00:20:27.920 --> 00:20:30.519 of just like different hubs, and you can, you know, you can 291 00:20:30.799 --> 00:20:37.279 put cash into an ATM in Chicago and pick it up in Mexico using like 292 00:20:37.319 --> 00:20:40.920 crypto as the rails. So that's kind of the stuff that I'm really excited 293 00:20:40.960 --> 00:20:44.839 about like working on. Yeah, I mean that there's a lot of possibilities 294 00:20:44.880 --> 00:20:47.240 there. You know, if you have, like you said, a network 295 00:20:47.240 --> 00:20:51.640 of these kiosks in position in different parts of the world, and then with 296 00:20:51.759 --> 00:20:56.119 the app that you have as well, it just opens up a lot of 297 00:20:56.119 --> 00:21:00.319 possibilities and people maybe bypassing the Western Union is in the money graph, right, 298 00:21:00.359 --> 00:21:04.480 which take high fees and so forth. Exactly, exactly, yeah, 299 00:21:04.799 --> 00:21:10.279 right on the money. Just really trying to reinvent that process and hopefully make 300 00:21:10.319 --> 00:21:15.440 it better and faster. Question about regulators, you know, I don't know 301 00:21:15.519 --> 00:21:21.519 how this applies to it, like the ATM kiosk business, but obviously exchanges 302 00:21:21.559 --> 00:21:23.680 have to do kyc AML. There's a whole bunch of other things as well. 303 00:21:25.119 --> 00:21:27.480 I'm assuming the governments are requiring you to do the same thing here. 304 00:21:29.039 --> 00:21:33.920 Yeah, I mean, we've actually been like there's a lot of lack of 305 00:21:33.920 --> 00:21:37.920 clarity surrounding like SEC and token issuance, but you know, we don't do 306 00:21:38.880 --> 00:21:45.759 we don't issue tokens. We've actually been regulated by Financial Crimes Enforcement Network Finns 307 00:21:45.799 --> 00:21:49.440 and under the Treasury since twenty thirteen. You know, they came out and 308 00:21:49.440 --> 00:21:52.400 said that if you want to buy and sell crypto, you need to register 309 00:21:52.440 --> 00:21:57.559 as a money services business nationally. We also have a bunch of money transmitter 310 00:21:57.640 --> 00:22:03.160 licenses across the country on the state level, so our regulation has actually been 311 00:22:03.200 --> 00:22:07.119 more clear. Yeah, we take KYC, you do the mL or do 312 00:22:07.160 --> 00:22:10.359 the whole process. And you know, it's been like that for a long 313 00:22:10.400 --> 00:22:14.680 time. So I am thankful that at least our part of the industry has 314 00:22:14.680 --> 00:22:18.960 a little bit more regulatory clarity and maybe some of the other parts. Sure, 315 00:22:18.079 --> 00:22:21.640 yeah, that makes sense. All right. Let's talk about the crypto 316 00:22:21.680 --> 00:22:26.799 market at large. Obviously bitcoin had a massive run up twenty twenty three. 317 00:22:26.880 --> 00:22:30.480 Obviously into early part of twenty twenty four, the bigcoin ETFs where the big 318 00:22:30.559 --> 00:22:34.279 news, a lot of buying, a lot of inflows, the performance being 319 00:22:34.359 --> 00:22:37.920 incredible. We had a bit of a cool down having took place. You 320 00:22:37.960 --> 00:22:41.119 know, what are your thoughts on what took place so far and what is 321 00:22:41.160 --> 00:22:44.359 your outlook for the rest of this cycle. I mean, I think it's 322 00:22:44.440 --> 00:22:48.880 looking a lot like other cycles, minus the massive effects of you know, 323 00:22:48.920 --> 00:22:52.720 the Bitcoin ETF and you know some countries getting involved, Like you know, 324 00:22:52.759 --> 00:22:56.640 you run up, there's a kind of like hype going up to the having. 325 00:22:56.440 --> 00:23:00.119 People are definitely you know, buying more what I And then as the 326 00:23:00.200 --> 00:23:06.880 having actually happens, the having award, it's the reward for mining crypto goes 327 00:23:06.920 --> 00:23:11.400 down in half. That means that a lot of miners are now no longer 328 00:23:11.480 --> 00:23:15.519 profitable, right so because they're not profitable, they have to enter bankruptcy, 329 00:23:15.240 --> 00:23:21.319 they have to liquidate their holdings. That is obviously a lot of selling pressure. 330 00:23:21.400 --> 00:23:23.200 But like once that shakes out, then you have you know, a 331 00:23:23.240 --> 00:23:32.079 demand that's relatively stable, supply that is now less. That obviously creates a 332 00:23:32.160 --> 00:23:37.440 jump in the price. Jump in the price creates FOMO amongst you know, 333 00:23:37.519 --> 00:23:41.599 retail investors and they jump in and that kind of creates a speculative bubble. 334 00:23:41.200 --> 00:23:45.200 I do think it's really different, a little bit different this time around because 335 00:23:45.240 --> 00:23:48.799 you have the ETF. I thinkct she wrote about like an opinion piece on 336 00:23:48.880 --> 00:23:52.359 coindesk about this. But you have the ETF that's going to have like reliable 337 00:23:52.400 --> 00:24:00.359 inflows and maybe more from you know, financially savvy financial advisors and institutions that 338 00:24:00.480 --> 00:24:03.599 are going to have inflows and buy the dip, so maybe like you know, 339 00:24:03.640 --> 00:24:07.759 you're not going to have these crazy like boom and bust cycles. People 340 00:24:07.759 --> 00:24:11.240 will be able to catch you at the bottom. And also there's a lot 341 00:24:11.240 --> 00:24:15.400 of like sophisticated countries like El Salvador who are buying crypto as well, regardless 342 00:24:15.400 --> 00:24:18.920 of the price, and maybe even more when the price goes down, So 343 00:24:18.960 --> 00:24:22.759 you're not going to maybe have these like massive boom and bust cycles. But 344 00:24:22.880 --> 00:24:27.799 I do think that we are, you know, probably in store for one 345 00:24:27.920 --> 00:24:33.000 last big ride. It's kind of like the last dance of like the infancy 346 00:24:33.000 --> 00:24:36.319 of crypto, where you know, the FED is cutting interest rates, the 347 00:24:36.359 --> 00:24:41.799 ETF inflows are happening, countries are buying crypto, there's the having and it's 348 00:24:41.880 --> 00:24:45.559 kind of like this perfect storm. So I do think we have like one 349 00:24:45.039 --> 00:24:48.279 last like big ride up and you know, you see the in coinbases, 350 00:24:48.359 --> 00:24:53.880 recent earnings, like the volume still isn't equal to what they did in twenty 351 00:24:53.960 --> 00:24:59.039 twenty one. So I think that retail hasn't even really shown up to the 352 00:24:59.079 --> 00:25:03.240 party yet. So I think that there's going to be some nice things in 353 00:25:03.319 --> 00:25:07.759 store for us in the next year, and hopefully there's institutions and countries willing 354 00:25:07.799 --> 00:25:11.400 to catch us on the way down. Yeah, for sure, I'm going 355 00:25:11.440 --> 00:25:15.039 to agree with you. It is certainly going to be I think, less 356 00:25:15.119 --> 00:25:18.640 volatility as the asset matures, like you said, more capital coming in, 357 00:25:18.799 --> 00:25:22.640 more of the stable buyers, you know, who are buying foot of the 358 00:25:22.720 --> 00:25:29.079 longer term for decades out, you know, possibly like countries and so forth. 359 00:25:30.400 --> 00:25:34.079 Do you see potentially, you know, central banks holding bigcoin in their 360 00:25:34.119 --> 00:25:38.359 balance sheet let's say ten years from now, one hundred percent? I think 361 00:25:38.400 --> 00:25:41.920 that, you know, it's kind of like game theory, right, It's 362 00:25:41.000 --> 00:25:45.079 like one country starts doing it, and then another country doesn't want to be 363 00:25:45.160 --> 00:25:48.240 left behind, so they start doing you know, that drives up the price. 364 00:25:48.759 --> 00:25:56.200 That basically creates more that makes bitcoin more of like an acceptable asset nationwide, 365 00:25:56.279 --> 00:26:00.039 kind of like a global reserve asset, and then other nations pop on, 366 00:26:00.079 --> 00:26:03.960 which further increases the price and increases the stability. And then it kind 367 00:26:03.960 --> 00:26:08.880 of is like this you know, perfect storm, where eventually a lot of 368 00:26:08.920 --> 00:26:12.880 central banks, probably all of them to an extent, will have some crypto 369 00:26:12.880 --> 00:26:17.119 on their boundary just like they probably all hold gold on their bound sheet and 370 00:26:17.160 --> 00:26:21.240 that's going to be you know, it's going to be amazing. Yeah. 371 00:26:21.240 --> 00:26:26.440 Absolutely. Now a big theme this cycle has been like tokenization, and you 372 00:26:26.519 --> 00:26:32.519 got Rock tokenizing going to Ethereum and other players as well, like Cranklin Templeton. 373 00:26:33.119 --> 00:26:34.279 What are your thoughts on this? You know, Larry Fink said it's 374 00:26:34.279 --> 00:26:40.319 the future of finance, and you know you mentioned reference earlier tokenization of like 375 00:26:40.359 --> 00:26:42.680 a Tesla stock. So are you guys looking at you know, when this 376 00:26:42.799 --> 00:26:47.519 is ready to go integrating into your service? Yeah, of course. I 377 00:26:47.559 --> 00:26:52.200 think there's nothing cooler than letting somebody in a country with an unstable stock market 378 00:26:52.519 --> 00:26:57.440 and where interest is or inflation rather it is like ten fifteen, twenty percent 379 00:26:57.480 --> 00:27:03.599 plus invest in stable assets. And it's actually an amazing, amazing opportunity for 380 00:27:03.640 --> 00:27:10.839 the United States to continue its dominance because now, if you know, right 381 00:27:10.880 --> 00:27:12.960 now, maybe these people are resorting to real estate in the country, or 382 00:27:14.000 --> 00:27:17.039 I don't know, s hoarding cash under a mattress. Like imagine, Now 383 00:27:17.519 --> 00:27:22.319 these people in these countries can invest in a stock that's like a US company, 384 00:27:22.359 --> 00:27:26.240 like a Tesla TOKENI stock or whatever a coinbased token is stock or a 385 00:27:26.319 --> 00:27:30.079 Google token is stock a mortgage that's in the US. It's like, now 386 00:27:30.119 --> 00:27:34.480 there's even more demand for US assets and it's even more globalized. And I 387 00:27:34.519 --> 00:27:40.759 think that this gives people with you know, lower income and different countries where 388 00:27:41.480 --> 00:27:45.279 you know, there is an unstable market an option to grow their wealth. 389 00:27:45.319 --> 00:27:49.359 And it also creates massive demand for US assets. So I'm pretty bullish. 390 00:27:49.559 --> 00:27:56.400 Yeah, I'm excited for that and just the possibilities that it opens up secondary 391 00:27:56.480 --> 00:28:00.359 markets and all these things. I touch a bit on it earlier, but 392 00:28:00.680 --> 00:28:04.079 I would love to get your thoughts on crypto regulations and everything that's been going 393 00:28:04.119 --> 00:28:07.960 on. You know, what's your outlook. Do you think we see something 394 00:28:07.960 --> 00:28:10.319 by twenty twenty five. There's a couple of bills in the House, a 395 00:28:10.319 --> 00:28:14.480 couple of bills in the Senate. It seems like they want to get stable 396 00:28:14.519 --> 00:28:17.839 coin regulation now the door as soon as possible. What are your thoughts. 397 00:28:18.359 --> 00:28:19.720 I would hope, so, I would really hope. So I think that 398 00:28:19.799 --> 00:28:25.680 regulatory like again, like these tokenized assets are a massive opportunity for the United 399 00:28:25.720 --> 00:28:30.680 States to get even more ahead than it is now. I think that with 400 00:28:30.799 --> 00:28:36.000 regulatory clarity, you're going to make sure that people innovate crypto in the United 401 00:28:36.039 --> 00:28:38.839 States versus offshore, and I think that it's already kind of been. The 402 00:28:38.960 --> 00:28:42.599 lack of clarity has been causing some people to go offshore, and I really 403 00:28:44.480 --> 00:28:48.119 do not want to see that continue to happen. So I like, I'm 404 00:28:48.119 --> 00:28:52.079 not sure. I would hope that like by twenty five twenty six, it'll 405 00:28:52.119 --> 00:28:55.720 be pretty good. And it'll probably depend on the elections as well, but 406 00:28:56.359 --> 00:29:00.160 I think that the sooner we can get regulatory clarity, the better. I 407 00:29:00.160 --> 00:29:02.759 think that that's going to be a massive, massive win for the US, 408 00:29:02.759 --> 00:29:07.000 and I really hope that they hurry up. Yeah, for sure. You 409 00:29:07.039 --> 00:29:10.160 know, Daniel, I've got to ask you earlier about this. So let's 410 00:29:10.200 --> 00:29:15.000 say, within quein flips app let's say I buy some ethereum, do you 411 00:29:15.400 --> 00:29:22.119 offer staking for proof of steak tokens? Not currently, but it definitely is 412 00:29:22.119 --> 00:29:25.960 on the roadmap for sure. I think that's that's a no brainer for sure. 413 00:29:26.039 --> 00:29:27.880 Yeah, And I think that's a great way for people to earn passive 414 00:29:27.920 --> 00:29:30.480 income, you know, kind of a long the theme what we've been talking 415 00:29:30.519 --> 00:29:34.119 about. So if you buy a couple hundred bucks of eth and you can 416 00:29:34.200 --> 00:29:40.440 stake some of it or whatever through like a larger pool and earn that passive 417 00:29:40.839 --> 00:29:45.200 income. That's really great for a lot of people. Agreed. Awesome. 418 00:29:45.279 --> 00:29:48.960 So I also want to get your thoughts on central bank digital currency. So 419 00:29:49.039 --> 00:29:55.759 governments taking the blockchain, tokenizing their currencies on it. People are seeing the 420 00:29:55.799 --> 00:29:59.799 pros, but also there's a lot of cons and potential worries of abuse of 421 00:29:59.839 --> 00:30:02.559 that power. But what are your thoughts on that? Sure? I mean, 422 00:30:02.559 --> 00:30:06.440 I'm a little bit of a bigger fan of decentralized stable coins because I 423 00:30:06.440 --> 00:30:11.240 think they offer competition and kind of allow people to use the stable coins they 424 00:30:11.359 --> 00:30:15.839 like best. CBDC central bank digital currency it's a bit scary for me because 425 00:30:15.880 --> 00:30:19.440 it kind of allows the government to, you know, have a lot of 426 00:30:19.480 --> 00:30:25.160 oversight over people's transactions. And I think that, you know, I think 427 00:30:25.160 --> 00:30:27.359 that right now our government, honestly, a lot of people are like our 428 00:30:27.359 --> 00:30:33.319 government's crazier, government's a tyranny whatever. I think that as far as international 429 00:30:33.359 --> 00:30:37.359 governments go, our government's actually probably one of the better ones. But you 430 00:30:37.400 --> 00:30:41.839 know, power unchecked probably creates more opportunity for tyranny, and I think there 431 00:30:41.880 --> 00:30:45.960 needs to be systems in place for governments to be held accountable, which is 432 00:30:45.960 --> 00:30:51.039 a kind of like what our country was founded on. So central bank digital 433 00:30:51.079 --> 00:30:53.440 currencies, you know, they definitely worry me a bit. I think that 434 00:30:53.599 --> 00:30:57.400 it's very important for consumers to have options and go where they want best, 435 00:30:57.440 --> 00:31:02.960 you know, whether it's a stable or crypto or fiat or cash or whatever 436 00:31:03.000 --> 00:31:07.319 it is, like, you know, just forcing everyone in down one path, 437 00:31:07.640 --> 00:31:10.200 I don't I don't know if that's the best way to do this, 438 00:31:10.319 --> 00:31:11.920 you know, mm hmm, yeah, I definitely agree with you of that. 439 00:31:14.000 --> 00:31:15.319 Got some wrap up questions there for you. The first is if you 440 00:31:15.359 --> 00:31:19.160 could create your own metaverse, what would the theme be. I feel like 441 00:31:19.400 --> 00:31:22.400 I'm a big tennis player, so I feel like it would be like Wimbledon 442 00:31:22.559 --> 00:31:27.599 Village, but not just like I saw it Wimbledon and IMAX in twenty eleven 443 00:31:27.640 --> 00:31:30.640 though in three D the final of Wimbledon. I don't know why they did 444 00:31:30.680 --> 00:31:33.000 that, but they didn't. It was really cool. But I think like 445 00:31:33.039 --> 00:31:37.400 taking it a step further, like what if you could see like Wimbledon Village 446 00:31:37.559 --> 00:31:42.279 from the perspective of a player or a coach, you know what I'm saying, 447 00:31:42.319 --> 00:31:45.400 Like if you could kind of like be a fly on the wall for 448 00:31:45.519 --> 00:31:48.720 like their preparation and like what they're doing. Like, I think that's something 449 00:31:48.759 --> 00:31:52.480 that would be so cool, so new, Like not only are you you're 450 00:31:52.519 --> 00:31:56.319 not just a fan now you're literally like seeing all the preparation that goes into 451 00:31:56.359 --> 00:32:00.480 like a player actually like preparing for their mas and like the emotions that they 452 00:32:00.519 --> 00:32:05.880 faced along the way. And I think that would be pretty sick. Yeah, 453 00:32:05.960 --> 00:32:09.000 agreed, And not only just tennis, but like other sports other activities. 454 00:32:09.079 --> 00:32:14.480 Will you have that incredible POV that we've never but it's immersive, right, 455 00:32:14.480 --> 00:32:16.680 it's not like two D or whatever, but it's like fully immersive. 456 00:32:16.759 --> 00:32:20.960 I can do a three six D and like you said, just get a 457 00:32:21.000 --> 00:32:23.519 great POV on what's happening, how things go, and that would be incredible. 458 00:32:23.759 --> 00:32:27.920 You could see a player's conversation with their coach, you know, you 459 00:32:27.920 --> 00:32:30.680 could see like what happens after they lose a match, like you could like 460 00:32:31.319 --> 00:32:37.680 experience sports like and a lot of other events like never before, you know, 461 00:32:37.359 --> 00:32:44.480 absolutely rapid fire questions versus favorite food. Okay this is really basic, 462 00:32:44.599 --> 00:32:47.759 but I'm a big foodie, but I will say that the cheeseburger wins and 463 00:32:49.000 --> 00:32:54.119 favorite drink is Coca Cola, Like just all American. Very basic. Favorite 464 00:32:54.160 --> 00:33:04.000 musician or bad Travis Scott favorite movie also very basic, Shawshank Redemption. It's 465 00:33:04.039 --> 00:33:07.640 a great, great one, of course. Yeah, it's classic. A 466 00:33:07.640 --> 00:33:13.119 favorite book. God, I'm just coming off as the most basic person on 467 00:33:13.160 --> 00:33:15.519 earth, but I love the classics like for fun, I really love the 468 00:33:15.559 --> 00:33:22.759 Harry Potter series for more education. I like Sapiens and Lord of the Flies. 469 00:33:23.960 --> 00:33:29.240 I'm man I. Lord of Flies had a big impact on me as 470 00:33:29.240 --> 00:33:30.519 a kid, and it has become one of my favorite books. I remember 471 00:33:30.559 --> 00:33:35.559 watching the movie as well, so that's on my list too. When you're 472 00:33:35.559 --> 00:33:38.160 not working a coin flip, what are you doing for fun? I'm actually 473 00:33:38.319 --> 00:33:44.480 very eclectic. I have a ton of hobbies. I love investing in new 474 00:33:44.519 --> 00:33:47.440 projects, always starting something new. I love playing tennis. I do martial 475 00:33:47.559 --> 00:33:52.480 arts. I lift weights. I host events and bring people together. That's 476 00:33:52.519 --> 00:33:57.920 something I like to do. Love to crack jokes. I'm somewhat of a 477 00:33:57.920 --> 00:34:00.799 biohacker, you know. I like just kind of like pushing the line and 478 00:34:00.880 --> 00:34:06.880 seeing, you know, how I can always optimize my physical performance and longevity. 479 00:34:07.480 --> 00:34:09.760 I'm a big foodie, even though I said my favorite food is cheeseburgers 480 00:34:09.760 --> 00:34:14.519 in Coca Cola. It does go a little bit farther than that. I 481 00:34:14.559 --> 00:34:21.119 love restaurants, Love researching history and politics, Love practicing languages Russian and Spanish, 482 00:34:22.199 --> 00:34:25.239 Like getting back to Chicago and people around me, giving to charities around 483 00:34:25.360 --> 00:34:30.920 Chicago. So I have a lot of interests and very little time to pursue 484 00:34:30.920 --> 00:34:35.000 them. So that's kind of one of my big deltments in life. Daniel, 485 00:34:35.679 --> 00:34:38.039 great stuff man. Pleasure chatting with you and excited for the future. 486 00:34:38.119 --> 00:34:42.639 Updates around Corny Flip. Thank you for joining me. Thank you so much 487 00:34:42.639 --> 00:35:06.440 for having me. I really appreciate. 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