'Like a Peanut Butter Allergy': Why Institutions Need Onchain Privacy

Quick favor: We're deciding what Unchained does next; new shows, stream times, what's worth paying for. Our listener survey https://forms.gle/M2GdqNpzM5VskLbT6 takes five minutes, it's anonymous, and I read the write-in answers myself. Everyone who takes it can enter a drawing for a free year of Unchained Premium or Bits + Bips Premium. Open through Sunday, October 18. — Laura Illia Polosukhin and Mert Mumtaz get concrete about what privacy actually buys real users, from a coffee shop seeing your net worth to a travel concierge learning how much you are worth. They also make the case for why privacy is quickly becoming a hard requirement for institutions, not just a nice-to-have, closing with a memorable "peanut butter allergy" analogy for why the opt-in has to exist. Hosts: Laura Shin - Founder, CEO and Host of Unchained - https://x.com/laurashin Guests: Illia Polosukhin - Co-Founder of NEAR Protocol - https://x.com/ilblackdragon Mert Mumtaz - Cofounder and CEO of Helius - https://x.com/mert This clip is from a longer conversation on privacy, convenience, and why institutions need real financial privacy. Full episode here: https://youtu.be/muxtGE5nxDM?si=wBM5Ed9Ccc7G2tgH We go live twice every week - subscribe to catch it live. 👉 Visit 1inch to swap tokenized securities, crypto and more. Simple. Secure. Self-custodial. Whatever asset you’re buying - swap it at http://unchainedcrypto.com/go/1inch-sn Chapters 🗣️ 00:00 The tension every journalist and whale feels about onchain visibility ☕ 00:58 Why a coffee shop seeing your balance is a real business risk ✈️ 03:11 Mert's OPSEC trick for booking travel with ZEC and NEAR Intents 🕵️ 05:11 The hidden cost of bridges: what your travel concierge learns 🤔 06:19 Laura's blunt question: does convenience always beat privacy? 🔁 07:47 Why Illia calls privacy a retention tool, not an onboarding pitch 🔓 09:45 Mert's case for why privacy isn’t just a shield – it is optionality 🥜 12:08 The peanut-butter-allergy analogy for why institutions can't skip privacy _______________________________________________________ #bitcoin #ethereum #crypto #cryptocurrencies ++++++++++++++++++++++++++++++++++++++++++++++++ Subscribe to our channel! Website → https://unchainedcrypto.com Unchained Daily Newsletter (FREE!)→ https://unchainedcrypto.beehiiv.com/subscribe/ Unchained X → https://x.com/unchained_pod Apple → https://podcasts.apple.com/us/podcast/id1123922160?ls=1 Spotify → https://open.spotify.com/show/1cJrrfGY1SKBIRn5noKSAf?si=6SI4qIcRTEO7EhOe0V9n4w RSS Feed → https://feeds.megaphone.fm/LSHML4761942757 Unchained: Your no-hype resource for all things crypto!