If you step back and you look at where we are geopolitically and across the globe, this is an era of what we call real politic, where nation states are acting in their interests, which is distinct from idealism, which we've, you know, these things go back and forth.

And so real politic is really predicated by a trustless, permissionless world. And if only there was an asset that was trustless and permissionless, I think it's going to

have an incredible utility during this era of human evolution.

That's Bitcoin.

What's going on, guys?

Today we've got a great conversation with Chris Perkins.

Chris is currently the CEO of 250 digital asset management, but they are being acquired by Franklin Templeton.

And so Chris is the incoming head of crypto at Franklin Crypto.

Now, in this conversation, Chris brings up a point that I have never heard anyone else talk

about.

It's the idea of unleashing American citizens in a privateering mechanism to go on the

offense against all of the cyber warfare that's happening in crypto.

It's a fascinating conversation.

We also go through different geopolitical and macroeconomic impacts on crypto.

And then Chris explains what Franklin Templeton's been doing in the crypto sector and what he's

going to be doing in his new role.

This conversation is going to make you think much more deeply about what's going on, why there

is so much cyber crime that's been happening recently, and also where the world's going from an institutional perspective. Here's my conversation with Chris Perkins. All right, Chris, there has been an enormous number of hacks this past month in crypto, and I'm wondering how much of that is driven by AI, how much of it is people are just getting lazy in the crypto world, but this feels like a significantly bigger problem than people are talking about publicly. And so how are you evaluating

this right now? Yeah. Hey, good to see you, pomp. I would say like when you step back, it couldn't

be a more exciting time to be in this crypto space, right? Institutions are marching in. Bitcoin is

looking very, very constructive right now. In fact, the entire, the fundamentals of the asset class look great. But there's one thing standing in our way, as you mentioned. And that's all of these hacks. Do you know, April was one of the worst months in history of hacking. 29 projects were hacked. About $600 million were taken. A lot of this is

perpetrated by state-sponsored actors, particularly Lozers Group, which is affiliated with the North Korean

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