#Bitcoin #Crypto #Finance Matej Zak, CEO of Trezor, joins the show to break down why most Bitcoin holders still don’t truly own their Bitcoin. We dive into the biggest misconceptions around ETFs, exchanges, and “convenience custody,” why centralized platforms remain honeypots for hackers, and how the largest crypto hack last year proves the risk isn’t gone. Matej explains the origin of the seed phrase, the evolution of hardware wallets, post-quantum security, and why AI-powered phishing may be a bigger threat than quantum computing itself. This is a deep conversation on privacy, sovereignty, regulation, and why self-custody isn’t just a feature of Bitcoin... it’s the point. 🎙 Guests Matej Zak (Trezor CEO) - https://x.com/matej_zak Timestamps 0:00:00 Coming Up 0:01:44 How he got into Bitcoin (it started as “just a job”) 0:03:11 The custody shift: ETFs + exchanges vs self-custody 0:04:01 “Exchanges are honeypots” and what the Bybit hack proved 0:05:08 Why an ETF isn’t Bitcoin ownership 0:07:15 The 3 pillars: privacy, security, usability (and why non-KYC matters) 0:08:23 The global trend toward less privacy and tighter regulation 0:11:02 Usability reality check: can “grandma” do self-custody now? 0:11:50 Seed phrases: the invention powering hundreds of millions of wallets 0:14:12 The future: seed phrase vs biometric vs new formats 0:16:44 Hardware is slow, threat actors are fast: how they stay ahead 0:18:45 Why open-source security beats “trust us” security 0:20:46 Quantum fear: real risk, realistic fix, and post-quantum crypto 0:27:25 The biggest risk: tech, hackers, or human behavior? 0:29:25 AI-driven phishing and deepfake Zoom scams 0:31:20 Beginner self-custody checklist: buy, verify, backup, protect 🚀 Connect & Learn Join The Wolf Pack Community Channel (Free Telegram) – Daily crypto market updates + direct chat with Scott: https://t.me/+34ihhgJnZYRlOWU8 Join The Wolf Pack News Channel (Free Telegram) - Daily crypto news & technical analysis with Scott: https://t.me/+Jzsrl5Xp9NJmMDk0 Free Wolf Den Newsletter – Crypto news & market analysis every weekday: https://thewolfden.substack.com/ 📊 Featured Trading Tools Arch Public – Hedge-fund-level algorithmic trading tools: https://archpublic.com/ Trading Alpha – Pro-grade crypto indicators (Code: 10OFF): https://tradingalpha.io/?via=scottmelker 📲 Follow Scott Melker Twitter/X: https://x.com/scottmelker Website: https://www.thewolfofallstreets.io/ Spotify: https://spoti.fi/30N5FDe Apple Podcasts: https://apple.co/3FASB2c 📩Promote your brand with The Wolf of All Streets. For sponsorship & partnership opportunities, contact info@thewolfofallstreets.io ⚠️ Disclaimer The views and opinions expressed here are solely my own and should in no way be interpreted as financial advice. This video was created for entertainment. Every investment and trading move involves risk. You should conduct your own research when making a decision. I am not a financial advisor. Nothing contained in this video constitutes or shall be construed as an offering of financial instruments or as investment advice or recommendations of an investment strategy or whether or not to "Buy," "Sell," or "Hold" an investment.
The Biggest Lie Bitcoin Investors Are Told In 2026 ( Not What You Think) | Matej Zak
#Bitcoin #Crypto #Finance Matej Zak, CEO of Trezor, joins the show to break down why most Bitcoin holders still don’t truly own their Bitcoin. We dive into the biggest misconceptions around ETFs, exchanges, and “convenience custody,” why centralized platforms remain honeypots for hackers, and how the largest crypto hack last year proves the risk isn’t gone. Matej explains the origin of the seed phrase, the evolution of hardware wallets, post-quantum security, and why AI-powered phishing may be a bigger threat than quantum computing itself. This is a deep conversation on privacy, sovereignty, regulation, and why self-custody isn’t just a feature of Bitcoin... it’s the point. 🎙 Guests Matej Zak (Trezor CEO) - https://x.com/matej_zak Timestamps 0:00:00 Coming Up 0:01:44 How he got into Bitcoin (it started as “just a job”) 0:03:11 The custody shift: ETFs + exchanges vs self-custody 0:04:01 “Exchanges are honeypots” and what the Bybit hack proved 0:05:08 Why an ETF isn’t Bitcoin ownership 0:07:15 The 3 pillars: privacy, security, usability (and why non-KYC matters) 0:08:23 The global trend toward less privacy and tighter regulation 0:11:02 Usability reality check: can “grandma” do self-custody now? 0:11:50 Seed phrases: the invention powering hundreds of millions of wallets 0:14:12 The future: seed phrase vs biometric vs new formats 0:16:44 Hardware is slow, threat actors are fast: how they stay ahead 0:18:45 Why open-source security beats “trust us” security 0:20:46 Quantum fear: real risk, realistic fix, and post-quantum crypto 0:27:25 The biggest risk: tech, hackers, or human behavior? 0:29:25 AI-driven phishing and deepfake Zoom scams 0:31:20 Beginner self-custody checklist: buy, verify, backup, protect 🚀 Connect & Learn Join The Wolf Pack Community Channel (Free Telegram) – Daily crypto market updates + direct chat with Scott: https://t.me/+34ihhgJnZYRlOWU8 Join The Wolf Pack News Channel (Free Telegram) - Daily crypto news & technical analysis with Scott: https://t.me/+Jzsrl5Xp9NJmMDk0 Free Wolf Den Newsletter – Crypto news & market analysis every weekday: https://thewolfden.substack.com/ 📊 Featured Trading Tools Arch Public – Hedge-fund-level algorithmic trading tools: https://archpublic.com/ Trading Alpha – Pro-grade crypto indicators (Code: 10OFF): https://tradingalpha.io/?via=scottmelker 📲 Follow Scott Melker Twitter/X: https://x.com/scottmelker Website: https://www.thewolfofallstreets.io/ Spotify: https://spoti.fi/30N5FDe Apple Podcasts: https://apple.co/3FASB2c 📩Promote your brand with The Wolf of All Streets. For sponsorship & partnership opportunities, contact info@thewolfofallstreets.io ⚠️ Disclaimer The views and opinions expressed here are solely my own and should in no way be interpreted as financial advice. This video was created for entertainment. Every investment and trading move involves risk. You should conduct your own research when making a decision. I am not a financial advisor. Nothing contained in this video constitutes or shall be construed as an offering of financial instruments or as investment advice or recommendations of an investment strategy or whether or not to "Buy," "Sell," or "Hold" an investment.














