 I had recently done a video on Tangem, and it's one of those wallets that I personally believe is it's a cold storage device, and I think it's gonna usher in the next bull run. I have a ledger, I have an alipal, and I have a Tangem. But me personally, the easiest one to use, and the most fantastic so far, has been Tangem. And just so you know, since 2018, zero out of roughly almost a million wallets is probably more now, have ever been hacked in existence. So the big knock that when I did this video, which you can find is a link in the description, the big knock is this. Oh Rob, you said that there's these three wallets or two wallets I can get, but what about mnemonic phrases and seed phrases because not your key's not your crypto, right? Well, guess what everybody, they just made your dreams come true because here we've got someone to answer this question. David from Tangem, welcome to the show for the first time. This is David, he is part of the team of our Tangem Head of Creation. David, thanks for coming on. Hey Rob, hey community, I'm very, very pleased to be here. Thank you for having me. Yes, sorry that intro took a little bit longer for the news and whatnot, but let's talk about Tangem real quick. So with Tangem, there is this new thing that came out and it talked about how you can do three things now because before in the video I did I showed everybody how to go through the process, how simple it is to actually set this up, but then now it looks like there's two different things you can do. One is you're able to generate a mnemonic phrase and the third thing is that you're gonna be able to import seed phrases from another wallet, which is right here. So talk to us about that real quick. Yeah, for sure, thank you very much. So maybe just a very, very small and rough introduction about Tangem. So Tangem is in 2017 founded Switzerland based company. So we're definitely in the heart of Europe and Tangem really keeps herself busy since 2017 with hardware wallets. So they started with entrance keys for really very high valuable and very high secure areas like for example, for the NASA. So they really started building those cards as entrance keys, so in a very high secure level. So maybe coming back from that, the main benefit for Tangem implementants with the latest and greatest version with the 2.0 card. So Rob and I already have one of these in our hands. They're very rare. I've been to the permission as two fair last month in Austin, Texas. And there is this very great version launched. So let me say that the most important thing in the crypto space is to listen to the community. And that is what Tangem is doing all the time. We listen to all our community members to what networks they like to have for what features and like Rob already mentioned it. We heard your hears, we heard your feelings, we heard what you asked for and seed phrases get implemented in the 2.0 version, what is right now available for pre-order and we'll get sent in two days directly out to the very first users. So I by my own brought a big package from the show to the warehouse in Utah with 200 cards in there. So with 200 sets of cards. So I know physically they're there and you guys in the United States will be probably the very first ones who get one. Yeah, and that's a really big step for us. So maybe coming back a little bit to the old version. The 1.0, you probably know that Rob already presented that in the video. So we as Tangem do not believe that, let me say seed phrases, is that what us helps to get the mass adoption rolling in the blockchain or in the crypto space. Won't you agree? Well, like this is what I talked about in the video is I said, I don't think that a lot of people, especially the new ones, this is the problem last cycle, was that we had an analyzer and we had a lot of different cold storage devices but they're very clunky to use. And a lot of people just said, you know, I hear this thing called not your keys, not your crypto. So I mean, yeah, I get it, but I'm just gonna leave it on Celsius. I'm gonna leave it on Voyager. I'm gonna leave it on FTX. I'm gonna leave it on Block 5 because I just don't really get it. I don't wanna be responsible for this thing. I'm gonna lose it. Well, now we know how much it is moving forward. When I got in, I heard about Mt. Gox and I heard about not your keys, not your crypto. As time goes on, we just, we hear it, but it doesn't process on our brain. So the same thing, and everybody's like, well, I'm just gonna tell my people that they have to take it off. It was the same thing with me. The same thing is gonna keep repeating. People are gonna leave it on these exchanges because these exchanges are gonna come up with some, whatever BS that they're gonna talk about and say, we just just totally, this is totally fine. We're not gonna go unsolve it. We need to do this. I think the best way to do this is to use if people are so inclined to, tangent. And now you have the option to extract your private keys and have it in a mnemonic phrase. Correct, correct. And that's exactly the point. I mean, everybody who came to the situation where he does not have had access to his funds because of whatever happens. Government sued an exchange, and exchange chains get hacked or get bankrupt or whatever happens. I mean, it's an unlikely feeling. If you know, you got thousands of dollars or maybe only $500 on your exchange and you couldn't get access to it. I have had the same situation a year ago and I can tell you I never wish that to somebody else. So like you said, I also own a ledger and I can tell you to set that up the very first time was totally nightmare for me. Absolutely inexperienced, no idea. It took me days, I really saved days. And this is what really brings tangent to the next level. I, you and I have had chatted a little bit in the beginning, I got four daughters in the age between eight and 30. And I can tell you, all of them have set their own tangent card up by their own without any help from me. And they're gonna store their assets on their cards by their own. They're gonna give me 50 bucks and say, daddy put me some polygon magnetic on it because a lot of Starbucks or just put me some XRP on it because we think that, by the way, this is Gary G. We think that Gary G will lose it in the next time. So, you know, anyway, but so it's simple. It's simple, it's easy, it's absolutely good however. And like I said, you can have everything that you need everywhere on the world with you as long as you got your cell phone and your tangent card. And it's definitely safe. It's really, really safe. Yeah, that's the thing. But there's some, I mean, we know it's safe, but there are some issues with some functionality. We talked about this, David, which was, well, not what the Costco run, but Blue Blowfish says, I wish the near on the tangent of the native token support just BNB chain now. When we were talking about the actual app that when we downloaded, you had said that there's gonna be some upgrades coming in October. What's going on with that? So here's the good thing. So tangent is working very, very hardly on that. So first of all, the most important thing comes night mode. So you would have definitely a good night mode. I'm just kidding. That's really one of the not needed things. But anyway, right now, if you're gonna set up for example, an Ethereum wallet address, you can only have one wallet address per set of cards. So with your three cards, you can only have one Ethereum wallet address. With the October update comes in the next days, you definitely are capable to have multiple wallet addresses with one of your cards. We're also working very hard on getting additional chains on there. So in case one of you guys gonna have a wish and say, hey, you know what, my token, my asset, my coin is not on tangent right now available, shoot a mail to the team directly and they will implement it. You will also have the opportunity to hide your balance. So like, for example, he knows it from Crongeko, you can click to the I and he would blur it out. And you can also do that very simple by just swapping, just flipping your phone. It's very simple. We got tons of tons of quality of life improvements on that app. And I can tell you probably you know that and I know Robert also announced that we have one inch connected to the app. So what you can do is you can definitely swap everything with EVM compactable directly on tangent, but by the end of the year, we were definitely gonna have crush chain swap available. So what you can do, you can swap your Bitcoin to XRP, you can swap your MATIC to ADA. You can really do everything from cross, from chain to chain with the big benefit of having everything in your app, everything underneath your control and everything to the normal common gas fees. Yes, exactly. So well said. Unfortunately, David, you're a little bit frozen right now. That's okay, we can still hear you. So now it's not your fault. It's how the internet goes. But so of course, if you could relay this back, it'd be great for the third chain support and of course near native support for tangent that would be fantastic. And then Mesa asked the question, what's tangent? Which is a good question. Now that we're talking about it, we should probably, I should probably have preface it. This is a cold storage device. And we can see, here's the website. There's a link in the description. And just so everybody knows, I reached out to Tangem first. And I said, I'm having a problem with the ledger because no one really knows what's going on with this new upgrade, this new update. I don't know what's happening. I want to diversify. So I reached out to Tangem. I reached out to Elipal. I bought the Tangem. It took me five weeks to get because of all the different things. Elipal actually sent to me. I did a review on that one. But Tangem themselves haven't paid me anything. This is not a paid, paid sponsorship because if it was that I have to check it off in the YouTube thing. However, in the links in the description, it is an affiliate link. So if you do click that, some of the proceeds will go back to me. If you cannot stand doing that, that's okay. Don't click that affiliate link, but you just won't get 10% off. There's the rub. So here's the Tangem wallet. So the Tangem wallet, first of all, Nano Ledger is going to run you depending on if you did. There's two different versions of it. I have a Nano X and the other ones with the buttons. Nano X, I think is like, let's just see. Why do I ask this question? Nano Ledger, let's do it in shopping. Hardware wallet. Take it up to the expenses. Yeah, so the Ledger stacks is 279. The Nano X, which is what I got, 149. Ledger Nano S plus is 79. So Tangem here, it starts at 43 bucks. Let's see. And it's just a card. You don't have to write down mnemonic phrases if you don't want to, because everything, the private keys are within the card itself. Watch the deep dive video, explain how this all works. No, they don't come pre-shipped with your private keys already set up. You have to set them up at your home. And it isn't actually with an app, there's questions that you're gonna have is like, what if I lose my phone? What if I lose these three cards? Watch the deep dive video, because it's too much to go over here. Zero out of 850,000 cards have been hacked since 2018. They've got a ton of different cryptos on there. How many cryptos do you guys have now, David? We have right now more than 38 main lines. So layer ones, and with that thousands of thousands layer twos. So Rob, let me add something to that. So you explained a little bit about the durability and the safety, but I can tell you something. This card is not only very safe, it's also horribly durable. If you see there, the upper left hole is a hole from a calibre 22. The one in the middle is from a drill bit. And just imagine what that card still is doing. It's still working. I ran it over with a forklift, I burned it with a torch. I shot on it, I froze it. I can tell you, and it's still working. See? Well, it's pretty good. Well, perfect. So as far as like durability, that's pretty good. But it's also a 25 year guarantee, I remember. Yeah, absolutely. No battery to it. And I can tell you like Rob already told, so on the web page it is, it states that we have produced more than 850,000 cards. Right now we're a little bit more than a million. And we have never had one hack or one failed of that card. I had a dude that sent us two months ago, a picture of his camper where he had unfortunately all three cards and one stack in his camper. And you saw that they're all totally melted from a fire. One of them was not anymore available, but the other two, they were still working. So that's a good thing. Rob, what do you think? Do we want to announce something? Very great. I had sent you something, maybe you can pull it up in on telegram. So it's a very, very, very first ones for you guys. Tendrum is launching in November a new product that called the Ring. So yes, you will hear it. We have a new product that is most likely the same, what is the card? And you can have it on your finger, like a ring. And that is definitely amazing. Yeah, let me see if I can pull this up. So let's see. So some people of you maybe knows the order ring or just an NFC ring or let me say a pay ring where you can upload your credit card informations. But what Tendrum did here in the past three months, they created together with one of our factories, the new version of the card to make it more comfortable. I can tell you right now, when I got my three cards, I have one with me all the time in my wallet. Another one is with my wife. So whenever she needs to do something and the third one is in a bank vault. So every time I have everywhere in the world access to my funds, what's very, very useful. But with the ring, you can definitely, yeah, that's me on the commission list with the ring. You can definitely go ahead and tap your transactions, sign your transactions directly once you got it on your hand. So you don't need to pull out your wallet, take a look for your cards. You got it all the time with you. And that's, I can tell you, that is a game changer. I'm looking so much forward. I mean, that was my hand. It was not my ring, it was from the CTO because he stressed tested it over a couple of days. Yeah. This is amazing. And you have to definitely, you have to pull up the ring to scan it to your phone. You couldn't do it once the ring is on your hand. So that won't work. But it's definitely a very, very cool feature. Okay, so here's the question. And I know everybody's thinking about, or some people are thinking about this. Okay, so someone steals your ring. You're like, give me a ring. So they have your ring, they take off with it like, first of all, let's say that out of the 99% people that don't know what it is, let's just exclude them, right? Let's say there's a 1% person who knows what this ring is and what it does. So they know what it is and what it does. Can they just download the app and then you start stealing all your crypto? No, that's a great thing. The processor, the microchip, it's a microprocessor. It's not an NFC chip. The microprocessor on the card and also on the ring are both the same. This microprocessor is an EAL6 plus rated certified processor from Samsung, the patented one. If you got a rainy night, you can definitely download the patent and read through the 28 pages. It's very, very exciting to read that. Anyway, so it's definitely not capable to hack a tangent that on their website video with a flipper device where someone tried to hack it and it's definitely not possible. By the way, we're planning to do some kind of a good advertising. Probably we're gonna put a Bitcoin on one of the cards and let the community decide what hacker will have it if he can get the one Bitcoin it says. But I mean, so sure we are that our card is secure and safe. But I make the point. So downloading the app is not possible. Getting to the funds is also not possible. And even with just the ring, you couldn't do anything. That's the beauty about that. The same procedure if you're gonna lose one of your cards without your private password, your smartphone, and your biometric data. You couldn't get access with one card to anything. That's the beauty about that. That's the beauty. To stage level. So then the last thing would be like, well, how much is this Rob? Because it sounds expensive and we'll answer that for you right now. So again, ledgers, Stax 279, 149, 79. So you got two options. So for the tangent, the classic wallet, again, links in the description, the promo code is Dan. You don't have to use it, but you can. The classic wallet, the three-card set is, well, with the 10% off, it's 50 bucks. The two-card set is 39. Watch the deep dive video. I'll explain the difference and why I screwed up by getting the two-card set. Now the new tangent wallet, the one where you can actually download the mnemonic phrases, that is a little more expensive. The three-card set is $62.91. The two-card set's only 49 bucks. Two-card set's only 49 bucks. So that's all we have. That's what it is. David, anything else? I mean, it's a great product. I came most likely like almost everybody of you very, very scared to that project and to that product by its own. I mean, it's a card. It doesn't look safe, you know? I mean, you really get used to your ledger with all the knobs on, with the display and everything else, but I can tell you what is the definition of a hardware wallet? The definition of a hardware wallet is being offline from the internet. And ladies and gentlemen, what is more offline than this card? If you find something, I'm curious to hear it. I'm curious too. Hey, here's a good question. I didn't think of what it's. Danny says, so if they rob your phone and your ring, they get access to everything. But I gotta, but tell, let me, let me see if I'm straight on this one. Even if they get the card or the ring and your phone, which has the app, to get into the app, they need face ID or they need your private pin. Yeah, your private pin, right? Correct. I mean, even so, let's say in the event, they get the ring and your phone or a card and your phone without your biometrics or the access code to your phone, nobody can get access to it. Even if you say in the app, I do not allow you to use my biometrics, then the app says, okay, you have to tap the card every time to get access to view your funds. And without the card, without signing the transaction, tapping it to your phone, you couldn't sign a transaction. That's a beauty. So the app will not let you make anything, send any funds, couple anything by Wallet Connect. So you also got the access to the complete DeFi world by Wallet Connect. So you can stake directly on the app to your asset, what you want to do. You can bridge something, you can connect to one inch or pancake swap. So you can really do everything. That's a beauty about that. Hey, Dave, say that again. You said, you talked about you could do staking. Is that available right now, or is that coming out soon? Cause I didn't think it was available yet. The stake. So what you can do is you can stake your assets by connecting with Wallet Connect directly to third party. And by the end of this year, latest at beginning of next year, we will also have the staking directly on the Tangem app. So you can directly stake in the app without leaving your assets, or let me say connect by Wallet Connect. That's cool. So that's an update. I'm not sure if it's implemented in the October update, I guess it could be, but I would say not later than this year. Got, so okay, perfect. So thank you for that one. Here's another question. Is it available in the UK? I'm pretty sure it is, but just to be sure. It's available worldwide. We got warehouses in every country. We got suppliers in every country. You can also buy it from Amazon if you don't trust the official website link directly from Amazon, but then you don't get the 10%. I really highly recommend you either way. If you like them or not, I know they like you, you're a great guy. Yeah, I'm going to over really on the Amazon one. Do not buy anything from Amazon or from eBay, because we've heard about these things where people like, oh, I'm a registered user, right? And they sell you these things, but they have the private keys already built in. This happened with ledgers before. People would buy it, they would ship them the ledgers and they would put their crypto on it. I'm like, oh, it's already set up. And then of course, a day later it'll already be gone and they would do it. Now, see, this is the problem with Tangem. I personally liked him when he couldn't do the mnemonic phrases, but now they offer that which is fine because crypto, geez, they're going to do what they want to do and that's cool. I might even actually get one just for the backups. But now you have that extra layer of an issue. However, I see the case on both sides. So, okay. Here's the great thing. I mean, during the setup process, the app asks you, do you want to continue like regular or do you want to create your seed phrases? So, like we said, we as Tangem do not recommend using seed phrases because there are tons of better ways. I don't know if you guys recognize the guy last year in April in Texas, who gets stopped by a policeman who pulled up his seed phrases and the seed phrases are next day on the internet because he's- Oh yeah, I heard about that. And that was ridiculous. And these things happen. So, that's the big thing. That's the big thing. I've lost 20,000 Cardano because when it was the test net, I had the deadless wallet and everybody knows this on the show. I lost 20,000 because I wrote it down on a piece of paper. It's somewhere and it's gone. So, it's one of those things. However, I think this is a good in between. And of course, you watching this at home, you can do whatever you want to do. If you think, you know what? I got Evan's mnemonic phrase. I'm set with it. I'm gonna etch it and steal. Cool. You do that. Or some people like, you know what? On the other way, I'm just going to back them up on these three cards. We'll do it that way. This is the great thing about Tangeman, giving those people the option. But the big thing is you're taking it off your centralized exchanges. You're taking it off these centralized places and you're sticking into something that you have control of. And I think that I think is the big factor. Absolutely. Fully agree. Yes. I fully agree. Oh, so, okay. Here's another question that I've had. Please, I love the questions. I love the challenge. Go ahead. So like, why did the deep dive video? And then I get a lot of questions. People like, hey, Rob, why is this being shipped from Hong Kong? Hey, why is it that I'm getting a receipt from Singapore? Where the camera was? I know you guys are based in Switzerland? Or Sweden? I always get those. Switzerland. Thank you. Now you've got factories or you've got places or warehouse all over the world. But the cards themselves, are they manufactured in Hong Kong? Is that what it is? Yes, sir. That's exactly how it is. And I can tell you, take a look where Visa and MasterCard builds their cards and it's the same place. So I mean, most likely it isn't possible to really do that inside in the United States or let me say Germany or maybe in Switzerland directly because I mean, nobody will pay then $200 for a card. I can tell you that that's that's for fact. They have the infrastructure. We have a very hard quality control plan. We have a robot that is spending a whole time having the card and the phone. I can tell you after half a million transactions, the phone died. It died, it really died. Not the better died, the phone died but the card still is working. So that's only one of our quality control plans. We're really doing an ongoing thing because we stand with this product very, very strongly there and would like to give the community, let me say even every crypto user a very good product for a very reasonable price. I got it. Yeah, good point. I will tell you, before we get to this next question, it's October. We're coming up pretty soon to Halloween as we can see right there with that fantastic skeleton. But Christmas is coming up and if you guys wanna get your family and friends into crypto, I mean, it's great that you set them up with all these things but I remember I set my brothers up morons with two nano ledgers. I gave them a little bit of Bitcoin. This is back in the end of 2017. I don't know if they still have it. I think they still do have it but I know they never used it. I know they never looked at it but I'm thinking to myself right now, like if you had these cards and you were giving these out like, hey, you wanna see how easy crypto is, watch this. You give them a card with like 20 bucks of whatever, 50 bucks of whatever or you say, watch, I'm gonna send you some funds right now. This is all crypto and how easy it is. Now you control it. You don't have to worry about the banks ripping you off or becoming insolvent. You don't have to worry about time constraints. You don't have to worry about any kind of like lag. Watch this and then that's it. And then you could help all of us. So I'm just saying, might be a good stocking stopper. This is so fantastic. I mean, you're talking exactly about the main point. Even if you're absolutely unskilled. I had grabbed one of the 10 cards, got to my Walmart neighborhood here in North Carolina next to Charlotte and grabbed a stranger and told him, hey, buddy, if you can set it up in four minutes or less, I give you 50 bucks in Bitcoin. Take a look to the tangent website. You're gonna see me talking to some strangers. I mean, I don't like that, but it was a great experiment. And he did it in three and a half minutes. You get absolutely no clue what he's doing there, but you can write off some bitcoins. So it's actually on the tangent website, on the tangent YouTube channel. So that's a nice thing. And maybe coming back to another point that you mentioned with giving that to one of your loved ones, to your family friend, to your family, to your friends or whatever, what you can do directly in the tangent app. Let me show that to you. It is so awesome. I like to talk about that. So let's hop to Bitcoin. So I got my Bitcoin here right now. So what you can do, you can go to Actions and what I can do, I can go to Sell. So what the app is directly empowering me is using your third party, like for example, right now, Mercury. So I can, I'm sorry, it's in German. No, no, no, Dave, I can't see your screen yet. Oh, I'm sorry. You can definitely buy and sell cryptos directly with your fiat money by third party directly on the app. So we even don't need an exchange. You don't need anything. So that's a beauty about that. Let me rewind that. You said it's gonna be an on off ramp. Yeah, it's pretty simple. I hope you can see my screen right now. So I think the people have seen it. So- Hold on, let me do this. This is easier. Okay. So you can definitely- I'm gonna get you out of here for a second. You can see your screen. You can go to actions and then you can go to sell. And then the third, I'm sorry, my camera is fixed. So and then you can select everything what you want, how much bit can you wanna sell and you can sell it by third party. And what is more beautiful than that? You don't need to have anybody, anything leave your wallet and need to deal with an exchange or whatever, whatever. So it's so convenient, I can tell you. Yeah, before we go, we get onto some other Q and A for everybody else. How much is the ring? Do we know yet or is that gonna come out next year? I, it would be definitely more high expensive. So it will definitely come out this year. It is ready for the Christmas, Christmas event for the Christmas market. You will definitely gonna get a set of test rings to fit your size. Then you're gonna feedback that back to Tendrum and you're gonna get your ring with two additional cards. I have already seen the box. It's very high class. It's a very high value present. So, I mean, if you got one of your loved ones, you wanna make a good present to your husband or to your wife, what's a little bit into crypto? I can tell you, it's very nice. It's a little bit high pricey. I don't know if I can talk too much of the pricing, but it will be a little bit higher. I'm not gonna get it. I'm just gonna tell you right now. It seems cool and awesome. I just won't buy it, but somebody else will buy it. And that's not me. But, Danny's got a question. What are the fees? We talked about this because on ledger, if you're doing any kind of like buys and swaps, they use moon pay. I wanna say it's 5% correctly in the comments, but as far as like fees to swap, what are we talking about here? It's the, so for example, if you're gonna swap a thousand Ethereum to, I don't know. That sounds like some money, yeah. So you definitely have the same fees like you're gonna have on the regular Ethereum network to the same time. With the update in October, you will also be capable to adjust the Y by your own. And you also have the possibility right now to set three fees options, low, medium, high. So you definitely do not have any additional upcharge. So it's kind of like MetaMask. That's the charges, okay. And that's not dictated by you guys, that's of course by the Ethereum Foundation. Okay, Jason says, what happens if Tandem goes out of business? I'm not sure what happened. When we lose access. That's a very good question. The software on the app is open source. In the event that Tandem shut down tomorrow, you can download the software on GitHub. You can get access to the software and you can investigate it. This is also the great thing. I mean, did you ever have the chance to investigate into the software of Ledger? What are you gonna do if someone from Ledger gonna put a backdoor in there? Nobody can check that except Ledger. So, but here's the point. Tandem is very open. Tandem is absolutely open-minded and gives everybody in the community the chance to check the software by their own, see backdoors, et cetera. So, but like I said, if Tandem gonna shuts down, you can run the software by your own. Yeah, okay. And actually, if you guys watch the deep dive link in the description, I go over all those things about how this all works and if everything shuts down. And it was a great blog post. It was about the C-fi aliens coming down to blast and of course it wipes out everything. It was tongue-in-cheek, it was pretty good. What about this one? Fige says, can I hook up to MetaMask? Yes, no, no, sorry. You couldn't hook up to MetaMask. That's not implemented right now. It could probably happen, but we're not doing that right now. Okay. And then did we talk about the debit card part? Not now. So maybe also in another announcement, Tandem is definitely implementing by the beginning of next year, a directly implementation of FISA. So what you can do in the future, first thing next year, hopefully, you can pay your groceries, your coffee, your car bill, whatever, your gas directly with your Tandem card. That's the plan for the next year. And there's no third party involved that gonna swap your, let's say Ethereum to US dollar and then gonna pay the gas station. No, it's directly done with Ethereum. That's what we need for mass adoption. That's what we need. I'd love to see that, but we've got time. Okay, so David, thanks for stopping by. If you wanna hang out, we're just gonna, everybody, if you guys got questions about Tandem, I think we answered most of them, but if you got questions about crypto market or what's happening or something else, put those in the comment section, we'll stick around for another 10 minutes or so, maybe 15, depends on how spicy these questions get. And we'll go from there. David, again, thanks for stopping by. I didn't know you guys were doing all that stuff. Thank you very much. And if you got a second round, just feel free to invite me. I'm more than happy to answer every question that, like I said, I love to get challenged. We had a lot of things to do. And I know Skepsis is very big, but do me a favor, be open-minded and think about what could be the best outcome for you, for your level of convenience and for your security. Yeah, and I gotta tell you like, I don't, like I diversify the things that I invest into. So I figured why don't I diversify into my cold store devices? Why not? So I'm like, and then like, if now if tangent cost me 500 bucks per card, I would probably not do it. I'll just be honest with you. Cause I'm like, I don't know if I want to diversify that much, but it's not how much you make. It's how much you keep. And thankfully it's relatively inexpensive. It's not like $200, $150. It's 43 bucks or $53 or however much it is. And of course she gives a bit, I don't know. All right. So blue, blue flow fish says, tangent is nice, got the three pack. In the deep dive video, you'll see me talk about it. I screwed up and got the two pack. I don't know if I just fat fingered it. I just got the wrong one. I should get the three pack and I tell you why. David Allen's here. Man, we know the bill runs back of David Rob long time. I'll say, yeah man, it's been months by hopefully your portfolio is down too much and things are going well. And then Mullet says, no, end of the dollar in the 10 year rate. Is the 10 year rates going up? Let's take a look. So, David, you're in North Carolina? Yes sir. I'm Northwestern of Charlotte, roughly an hour and a half in the good, nice and easy south. Let me ask you something. How are the housing prices over there? Honestly, I have the luxury situation that we rented something, but what I recognize, it goes down slowly. That's very nice. Let's see. I gotta tell you in Texas, especially like in Austin, things are going up a lot. Yeah. Yeah, I've been to Austin a couple of weeks ago to do the permissionless. I mean, it's wild there. It's really wild there. It's a nice area. Yes. Let's see. Oh, here we go. Let me share my screen. So, treasury yield curves. Man, the 10 years at 4.69, 20 years at five. Hold on. Yeah, October 2nd. Holy smokes. I gotta tell you, if you get an annual yield of the S&P 500, and it's like between seven and nine percent with risk, why wouldn't you just do treasuries? A three month is 5.62, 5.6, 5.58, 5.4. And 10 years at 4.69. This is not what the yield should look like. And usually when they invert like this, we're looking towards a recession. This is it over time. But usually what you'll see is something like this. A one month is nothing. This is what savings account has been. And then of course, the longer that you go, of course, the longer you lock it up, the more it actually is. But we can just see that over time, things are going down. So we'll see if the recession comes or not. Interesting. It is. Let's see. Hey, Dave, I'm gonna ask you for a favor. Can you go back to the guys and ask them if we can do a giveaway? Not with the ring, but just with some regular cards. I can tell you, we also have a very nice Shiba bullet. So that's one of the one for my very small one. So that's the special Shiba design. And we also did a Casper brand. So Casper with K, the layer one proof of work consents mechanism. Probably everybody knows Casper. That's right now on the way. And I'm sure we can do something in the future. Very, very sure. So I mean, again, it's a pleasure to work with you and to get this great question from your community. And I'm open on that. Yeah, okay. Yeah, ask him that'd be great. Cause people love free. I don't know if you guys would like that. I would probably go for that. Danny says, I would never bring the card of the ring with me at all times. Soon Robbers will figure out these things and we'll take you apart and make you send crypto. Yeah, I gotta tell you like, it would make sense. If I'm gonna, well, here's the beauty of it all, right? You can have multiple accounts within tangent. So you can have a set card of three, which could be like your burner account. Which would be like up to like $1,000. And then maybe you can have a separate account. See, there we go. You have one, two, three, set five? Yeah, it's me, my wife and me and my girls. So like you said, you also diversify. I also have two additional hardware wallets. This is only the fourth of my crypto assets, what I got on my main wallet. Perfect. Yeah, so you could have one set like your card to go buy your Starbucks or little gifts here and there or food. The other one could hold like up to 10,000. The third one could hold up to whatever David's got like $10 million or whatever it is. And then that will be it and you'd be fine. Let's see. Yeah. Like you said, diversifying that is crucial. I mean, even if one set get robbed or one card get robbed, it doesn't matter. It really doesn't matter. As long as, and this is some kind of a safety advice from my side, let's assume you guys are gonna get the set of three cards. Make sure that you never, ever keep two cards with you because with two cards, you're capable to reset your private password. With the new 2.0 version within the app, you have the ability to kill the opportunity to reset a password for cards. Let's say you need to travel. You need to move. I'm gonna move in a year back to Germany. Finally from the States. Unfortunately, I love it here. So for that move, I definitely know that I deactivate the restoring function of my password for this card and this card. So I can keep all three with me in my pocket and do not have the fear that I lose it or someone robs it from me. You can restore my password. That's the good thing. So yeah. No, it's a real good thing. Or just keep the one that has like up to $1,000 on there and that's it. And then when the robbers get it, everybody's a winner, right? Your winner actually gonna lose the $10 million and they're a winner because they get $1,000. Okay, how about this one? I don't know if you follow this Bitcoin dominance theory. I've got this wacky guy that's on the show sometimes, his name's Ben. He's always talking about it. Bitcoin dominance, it's pretty much, let me show you. Cause I'm always talking and I should just show. And I always mess this up. I read you that a little bit over the last years, last days and you can definitely see. So the Bitcoin dominance is falling and the outcomes is rising up a little bit. I mean, that looks very weird in the last days. Don't let that, I don't want to let you say that. But yeah, so like, let's see. So Bitcoin, we're gonna include some stable coins cause they're there. Let's blow this up. So let's see. So, I hope everybody can see this. So this is, cause the theory is and it's been rightly so for quite some time. Actually, let me reset the zoom. So this is in red, this is the Bitcoin dominance. In 2015, that's, you know, going all the way back, Bitcoin dominance was 91% cause that's all it really was in 2013. Then as, of course, we came into the altcoins which is in 2017 with the ICOs. It dropped precipitously because of all the altcoins that were being made. And of course, everybody wanted to get rich. This is in 8,017 and it dropped to one of the low points, 37% in June of 2017. And of course, it rocked back up. And once we get into some of these bearish markets, the dominance starts to pick back up because people are scared. And they think, okay, these altcoins were trash which most of them were, let's be honest. And then it picks up. And then we go back and forth, we whipsaw. People get scared, 2019 it does this. Then we go into like 2021 where we have more of this craziness which I think we all kind of love deep down. And it drops off a cliff again cause people put it into altcoins. And then we see it come back and forth. And now we're coming up, how are we doing now? Well, as far as third of October, which would be today, we're at 49.31%. And we're coming, let's see. It was at 49.4, not 49.3, but it did pick up to over 50% in June. So what do you think, Dave? Makes sense or kind of like, I don't know. I don't know. I mean, just look at the economy. Just look at what happens in the world outside there. I mean, I love chat patterns, I love the history but could we really compare it every time from time to time? It's every, you know, every time you're gonna pick another stone up and put it somewhere else. So it's not the same pattern. I love to see a pattern, but I mean, it's just looking to the glass ball, isn't it? It is. And this is what I love to do myself. So don't let Ben hear you say that. All right, so here's another good one. And this does make sense. Is tangent expecting a huge increase to the cold storage wallets as we close to the Bitcoin halving next year? And how are you guys dealing with that? Cause I assume it's gonna be more demand. So long story short, the very first interesting fact about that is we had reached a very high demand on getting our tangent wallets up very hard because ledger did a very good thing for us. So the programmer who implemented this seed phrase recovery came also at the Austin, Texas a pair to us and ask, hey, would you like us to do that? We said no, but we would like to pay you that you did it for ledger. But I mean, that was funny either way. So long story short, the tangent's main sentence, main topic is, where the bridge between it being true and the blockchain period. So, and that is what we like to do. And for sure, I mean, the biggest thing in the blockchain and the crypto industry is bring the people up to speed, help them understand what a self-custodial, how easy it is, et cetera. And with having that big barrier away from, I need to keep myself busy at least for a day to understand what I'm doing with the treasurer or ledger or Alipal and you're capable to set up within three or five minutes your own hardware wallet. Are we definitely gonna see that as a very big fact and a very good point to increase the number of hardware wallets, but also help the people help their self because that is what we do. We educate people. If you guys haven't done that so far, take a look to our Tangerine Telegram channel also to the other social media channels. What Tangerine is doing very hardly, we're doing educational content. Like also, Rob is doing educate the people and help them understand what is crucial, why to do it and why self-custodial is so important. Perfect. And what I'll do is, guys, I'm gonna drop this in the comments section. This is the Tangem YouTube site. And then also I will put this as, for you who are watching the replay, I'll put this right here on the YouTube. And also, yeah, that's a little work, Tangem YouTube. And that's it. Okay, well, David, we're coming up on an hour here. We shouldn't believe that. So ladies and gentlemen, thanks for stopping by, but I gotta get out of here. David's gotta get back to his family. It's an hour ahead over there. No problem. Yes, so again, thank you for stopping by. I appreciate it. Everybody, if you liked today's video, go to thumbs up, consider subscribing. I mean, we talk about this time sensitive, but that is it for today. So thanks so much everybody and we'll see you on the next one. Adios. Thank you very much. Bye-bye. Bye. There we go.