Growth Mindset podcast: Crypto Inheritance

Transcript

Ron Jordan:

Welcome to Growth Mindset moment of Rug Radio production, the show where we dive into the power of growth, innovation, and limitless possibilities. Each episode, we explore the intersection of human potential, artificial intelligence, and blockchain technology, uncovering how these rapidly evolving worlds are shaping our future. Get ready to unlock new ideas, spark your curiosity, and embrace the mindset that will drive you forward in this ever-changing digital landscape to whether you’re an entrepreneur, a creator, or simply someone who wants to grow. Growth mindset moment is here to inspire you to think bigger, think faster, and evolve with the world around you. Let’s begin this journey together. This episode is brought to you by Vault12, crypto inheritance secured. Have you ever thought about what happens to your crypto if something unexpected happens? Let’s be real. We spend years building these portfolios, collecting NFTs, holding tokens, but most of us have zero plan for how our loved ones would access it if we’re gone.

That’s where Vault12 comes in. Vault12 is a next gen crypto inheritance app that allows you to securely protect and pass on your digital assets without relying on lawyers or centralized custodians. It’s like having a personal vault in your pocket, but a little smarter. Here’s the best part. As a listener of this show, you get one full free year just by using the promo code stars two five. That’s Stars two five at checkout. Seriously, one year, no cost. Total peace of mind. Head over to vault twelve.com or inside of your app store on Android and Apple devices and use Code Stars 25 to lock in your free year today, Vault12, because your crypto legacy deserves a plan.

Alright? All right, welcome everybody to another episode of Growth Mindset moment where you know what we do over here. Inspiring you guys to think a little bit bigger about your current situation. Today I have the co-founder, Wasim Ahmad. He is not only the co-founder, but also responsible for growth, marketing, business development and policy. So this man wears all types of hats. Vault12 is the pioneer of crypto inheritance. It is the backup inheritance for your data, your crypto assets and all of those types of things you guys are DJing out there. But what the heck are we going to do? And we’re no longer here. You know that self custody is the utmost importance. That’s why we’re all here. We’re trying to own our assets, but with that comes a lot of responsibility. And do we want to trust that? Who do we want to trust that to? So Wasim, thank you so much for joining me today. I appreciate you so much for dropping in and dedicating some time to educate us on this crypto inheritance, so welcome to the show.

Wasim Ahmad:

Thank you so much. My pleasure, Ron.

Ron Jordan:

Absolutely. So let’s jump right into it. Vault12, for those of you who don’t know, it is all about inheritance and can you give me a little brief synopsis? What is Vault12 in this elevator pitched style?

Wasim Ahmad:

Yeah, so Vault12 is an app that you can download on iOS, Android, and basically it allows you to create a digital vault, put your crypto keys in there, crypto assets, your NFTs, any of those kinds of things, and it encrypts them and it makes sure that A, they’re backed up. You still need to back things up even if you’re using hardware wallets and all kinds of other things. But it also sets it up for inheritance so that if you are incapacitated, which is what we saw in the pandemic, if you’re in jail or you’ve passed, that those assets can be transported to your heirs.

Ron Jordan:

So whenever you’re talking about the actual keys being backed up, what does that mean?

Wasim Ahmad:

So there’s many different ways to do this. So you can back up your crypto wallet seed phrase, you can back up your crypto wallet, private key. You can make a video of a riddle of each of the words in your seed phrase, or you can do many, many things. The app will deal with any kind of file or format, so that bit of it doesn’t really matter. But those people that are involved in collectibles and they have digital art, you can literally put the digital art in the vault. And so any of that, you’ve got to make sure you put the wallet credentials in. And then for many people, depending on exactly what setup they’re using, there’s other passwords or pin codes that should also be backed up.

Ron Jordan:

So you can upload an MP four, a text file, whatever you want to inside of the Vault12 app and that it can be accessible to your errors. How do they know how to get into the Vault12? What do you have to set up with your attorney, for example, to make sure that they have access to this information? This episode is brought to you by Vault12. Are you worried about what happens to your crypto if something happens to you? Vault12 makes crypto inheritance simple and secure. Get one year free with Code stars25@vaulttwelve.com and Apple and Android app stores. Download the app today and use Code Stars two five to get your one year free subscription. Protect your legacy before it’s too late.

Wasim Ahmad:

So the product is independent of whatever legal will or trust or whatever you use. And there’s two phases. One is literally just making sure that everything is backed up because the biggest issue with digital assets is every year or every month there’s something new maybe on a different blockchain. And if you didn’t record that information and either give it to your lawyers or write it down or back it up somewhere, it’ll be gone if you are not around to deal with it. So once that is recorded, what happens is that information is encrypted, it’s split into pieces, and you assign what we call guardians to protect your vault. And those guardians can be friends, they can be family members, they can be business partners, whatever you want, and you can have any number of them. So you could have three friends, three business partners through family members. So you have nine and you can say, whenever I want to access that asset, I just need three out of the nine to give me an okay. And so these guardians are kind of working with you to protect your assets and then you just designate one of them to be your technical beneficiary. And so they’re responsible for if you pass to then ask for the assets and then distribute them to wherever they need to go.

Ron Jordan:

That’s interesting. So it almost acts like a multisig wallet.

Wasim Ahmad:

So I mean conceptually it’s a similar idea, but with Multisig, everyone knows what it is, what you are storing, and it’s pretty much restricted to three or five. This gives you a lot more flexibility and you can dynamically, if you have a different business partner or you got a divorce and you want to change out who the people are that are guarding your vault, you can just swap them out behind the scenes. It recalculates everything. Just make sure that everything is set up correctly and you don’t actually have to worry about that behind the scenes.

Ron Jordan:

Oh, okay. So how could somebody get started using Vault12 today if they wanted to?

Wasim Ahmad:

Yeah, very simple. You can download it off the iOS or the Google Play Store, go to that website, vault twelve.com. You can learn more about it, see videos about how you do all of this. And then it’s been in the app store since 2019. So we’ve been at this actually since 2015. So we’ve been working on this challenge for a long, long time.

Ron Jordan:

I’m going to put a banner up for you guys to see. Go ahead and

Ron Jordan:

Give you a link to the Vault12 app that’s just going to be running on the bottom for you guys who are listening or not just listening, but also watching the show. So you can download the Vault12 app today and protect your crypto inheritance. Go to vault twelve.com or go into the Google Play store or the Apple Store, apple App store and get that downloaded. So Wasim, thank you so much for that piece of it. So you guys could get started today if you wanted to. I tell you what, man, the ability to change who is protecting those assets is something that I wasn’t aware of. And then also you can designate that one sort of beneficiary, if you will, inside of the app. Is that accurate?

Wasim Ahmad:

Yeah, yeah, absolutely. So you to can change the beneficiary, you can change the guardians at any time.

Ron Jordan:

Right on.

Wasim Ahmad:

We generate a little PDF that records the fact that you assigned a beneficiary and you can go file that with your lawyer. And so everything should be very, very clear.

Ron Jordan:

It’s uploading everything, not uploading, but it just knows which wallets that I’m adding to this app. And anytime that I’m doing moves out in the world inside of the crypto world, I’m able to rest assured that all of that information is on the blockchain. So I would assume that whatever I have today, and let’s say I signed up for the app today and I have X amount of crypto and I have X amount of NFTs inside of my wallet, my wallet and I signed up today, if I make moves for the next 30 years, all of that is going to be stored inside of the app as well because it’s just tied to a wallet. Yes,

Wasim Ahmad:

The reference to the wallet. So being able to access that wallet, the information that you need to access that wallet,

Ron Jordan:

Beautiful.

Wasim Ahmad:

At any point.

Ron Jordan:

Yeah, we always hear about those stories of assets. They’re on a hardware wallet or something like that. It gets misplaced. I forgot my keys, I can’t ever get my assets back. This sort of solves for that because you’ve backed up all that information in a really secure encrypted way.

Wasim Ahmad:

It solves for that backup scenario, including where you’ve only got two more tries left on that hardware because you forgot the pin. So it solves for that. And then there’s also the more tragic scenario of someone dying like Matthew Mellon, the Bank of New York Mellon banking Air who died of a heart attack at the age of 52, had 2 million worth of Ripple, which is worth about a billion dollars now.

Ron Jordan:

Oh my goodness.

Wasim Ahmad:

And he had squirreled it away in multiple cold storage locations around the country. He did a very good job of making sure it was very safe and secure, but he never left anything for anyone else to be able to kind of track down and retrieve. And so that family can’t access that money.

Ron Jordan:

That is a tragic story on multiple fronts, is it not?

Wasim Ahmad:

Yeah, yeah,

Ron Jordan:

For sure. So traditional methods of doing this, what are traditional methods to passing on your crypto inheritance and what is Vault12 solving for? Because it sounds really simple to get started in this and there has to be a reason for the simplicity today. If I wanted to do the exact same thing traditionally, what does that process look like?

Wasim Ahmad:

Well, so there’s a number of challenges here. So any nine out of 10 of the wallets will tell you when you’re setting them up, write down your seed phrase, nine out of 10. I mean, we created digital money and we’re backing it up on paper. That’s ridiculous. So that’s kind of a problem. If you were in the LA fires, if you’ve that paper burn, other people will engrave their Bitcoin wallets raise into or private key into

Ron Jordan:

Steel. Yeah, I have one of those billfolds myself just for fire protection.

Wasim Ahmad:

But in LA you couldn’t get into the home to go find it

Ron Jordan:

If you can even find it.

Wasim Ahmad:

You couldn’t find it. It was useless. So it’s a nice idea, and I’m not saying you shouldn’t do it. You should have lots of backups. Then there’s the question of, well, can anyone else access the backups? So what a lot of people do, what a lot of law firms will tell you is, oh, well, we’ll take care of the information. Just give it to us on a USB drive or put in a piece of paper and we’ll fight it away. Once you’ve handed it over, you’ve got two issues, one, who else has access to it? And then the second issue is you might be buying another NFT on a different blockchain that didn’t exist when you handed it over. And did you remember to when you set up the new wallet to forward that to your law firm? And we’ve been through cycles where it was NFTs, it was defi, it was meme coins, it’ll be stable coins this year.

It’s the year of stable coins, rwa. There’s so many new assets on the horizon that people will go off and I’m sure there’s going to be new blockchains that are going to be invented. So you have to be constantly thinking. And so I think the mindset of making sure everything’s backed up in one place is a good idea. But if you back it up in the cloud, you are at risk of, oh, the vendor changed the business relationship with the cloud vendor and sorry, we can’t access the data, which is what happened with Gemini and Genesys after the FTX debacle. My crypto was up there, it was lost for 18 months. Thank God the Bing core bosses got every single penny back. But if it hadn’t been for their efforts, that was gone because it was a cloud-based business relationship. So you don’t really want to do this on the cloud, you don’t want to only put it on a hardware wallet because those can be stolen and they can be lost. And we saw that all last year with multiple attacks on well-known crypto people. So there’s a danger in having a single point of failure, and that’s what Vault12 guards against.

Ron Jordan:

This episode is brought to you by Vault12. Are you worried about what happens to your crypto if something happens to you? Vault12 makes crypto inheritance simple and secure. Get one year free with Code stars25@vaulttwelve.com and Apple and Android app stores. Download the app today and use Code Stars two five to get your one year free subscription. Protect your legacy before it’s too late.

Wasim Ahmad:

It’s completely decentralized, which means that Vault12 doesn’t know who you are or what your assets are. There’s no servers at Vault12 that someone can go get hold of to figure out what you’re doing. It’s all peer to peer. And even on your phone, there’s not going to be any information on your phone. So if someone took your phone, they’re not going to get hold of the private keys or everything is encrypted, spit up and sent away.

Ron Jordan:

So it’s about as secure as it gets at that point.

Wasim Ahmad:

And the encryption that we’re using, which is Samir’s secret sharing is quantum safe. So you can’t even store up these encrypted pieces and hope that, oh, when there’s quantum computers available, we’ll hack them. So from that perspective, it’s a lot of peace of mind. Building decentralized apps is hard, so that’s why you don’t see a lot of decentralized solutions like this. You see a lot of centralized solutions which put your profile picture on and are friendly because they know who you are, but then there’s all these risks.

Ron Jordan:

Yeah, that’s actually something that I wasn’t aware of that you do. And what even strikes me even further is the quantum computing aspect because that’s a huge conversation that’s happening in the encryption world is yes, it’s all encrypted and these messages are encrypted, but what happens when quantum computing sort of catches up to that? And you guys have solved for that as well, so you’re far beyond where we’re currently at.

Wasim Ahmad:

Yeah, absolutely. And it kind of comes, if I may just talk about the origin story,

Ron Jordan:

I would love to, yeah,

Wasim Ahmad:

Max Stabinski, he was at Andreessen Horowitz, he was part of the blockchain team. He worked with Brian Armstrong and the Coinbase team to bring that deal into a 16 Z. And around that time in 20 12, 20 13, he was talking with a lot of thought leaders in the blockchain and crypto space, and they talked about security is going to be on the heads of every single new crypto investor. They’re going to have to deal with it because everyone else has been disintermediated. That’s the beauty of blockchain and Bitcoin and those kinds of things. So then they started thinking about, well, what happens when if you die or when you die? I mean no one in Silicon Valley is going to die. So

Ron Jordan:

Yeah, they’re living forever with their minds. I mean, I’ve watched enough black meter to know that none of them are going to die. Their minds are going to be put in other bodies, but for the rest of us.

Wasim Ahmad:

But it boils down to accessibility of assets. Are your assets accessible? And we saw in the pandemic that your assets, even if they were in safe deposit boxes, you couldn’t get hold of them if you needed them there and then you couldn’t. Yeah. So he tried to convince some entrepreneurs to build this, and they were off building trading apps and other things and swap and other things like that. So he decided to start Vault12 in 20 15, 20 14, 20 15. And we worked on it for several years and then did the beta in 2018, launched the white paper and 2019 it went up on the app store. 2020 was the pandemic. And everyone had to deal with this very stark reality that bad things can happen. And if you don’t take care of your financial management, of your assets management, you can lose a lot.

Ron Jordan:

You can lose every piece of it, everything that you’ve built, you can lose it if it’s just stored on paper. And nobody sort of knows the secret code to get into any of these assets.

Wasim Ahmad:

That’s right.

Ron Jordan:

I mean, the other side of the sword with self custody is there is no help desk. There’s only you. And it feels like a lot of the crypto world is very shortsighted in that respect, where there’s a lot of, like you said, trading apps and those types of things where you’re trying to amass this asset pool, but you’re really not trying to figure out 10 years down the road, 12 years down the road in the scenario where if you pass away or something like that. But these things can happen in a matter of seconds. Unexpected situations happen all the time. You brought up the example with the banker in that tragic situation, these things can happen and we need to make sure that all of you guys that are listening, you know me, I’m a dad, I’m a family guy, and I’m always trying to think about different ways to make it better for my family, make it easier for my family, should I not be here any longer.

And it just felt so on par with who we are here at Growth Mindset moment to have Vault12 on and to show you guys what types of resources are out there today to make this happen. And it’s not an overnight thing either. You’ve been building this since 2014, this is six, seven years in the making at this point. So I wanted to sing your praises in that respect. You guys were in 2020, people started to realize, we went through so many years of not having to deal with a tragic situation in the United States of America. There’s always tragedy, but you know what I mean, stuff that just absolutely stopped everything. We’ve really not had to deal with that even in the entire time I’ve been alive. And to see that happen and how tragic it was for businesses, for individuals to not be able to access their resources through banks or other traditional methods really opened people’s eyes to this digital world that we’re all living in here in the blockchain and Web3.

And in the last five years, you’ve seen an explosion of digital assets and digital currency and different ways to spend it on everyday items. And it’s just becoming more and more the norm. And now we have an opportunity to be able to store that in a really safe location, not just on a piece of paper in your safe house or even just etched in a piece of metal inside of your safe or safe deposit box and those types of things. You can do it inside of an app. And I’d be curious, so it’s in an app, what happens if the internet goes down? What happens if power goes out? Is it still, I don’t know that if you can solve for that, but how do you access it if you don’t have access to, let’s say the internet, for example? Is it possible?

Wasim Ahmad:

I think, well, with the internet, I mean you need it for blockchain apps. So at some point you’d have to be able to connect, either connect to the internet or go off and find the other guardians and get their phones and move the pieces across. So we’ve created a toolkit for scenarios where things have dramatically changed than what we thought. You can piece the pieces together, so there is a way to grab all the pieces and connect them.

Ron Jordan:

Okay, love that. I love a little fallback plan B type of scenario.

Wasim Ahmad:

Yeah, yeah, for sure. I think power, hopefully the power will get back up at some point,

Ron Jordan:

But we can always create our own power. I’m in the energy world and I know that we can harness sun’s energy and the wind energy and waves and all of these types of things. So energy is sort of my least of the problems there. But no, I totally get what you’re saying. So let’s see. How did you get involved in Vault12?

Wasim Ahmad:

So my background is I’m a serial entrepreneur. I had worked at a startup that was a spin out from Stanford called Voltage, which was commercializing public key cryptography, a new form of a breakthrough in public key cryptography. So public key cryptography is the thing that allows you to do e-commerce on the internet. So it was revolutionary and we came up with a way to do it that was much more simplified. And that’s where I met my co-founder, max. And so had spent nine years, 10 years there in that world because crypto used to refer to cryptography back in the day. And so yeah, they called me and said, Hey, we built this thing, what do you think? And I looked at it and said, well, it needs a little help. It needs to be a little friendlier. And that is what we see with crypto apps, right? They’re not that friendly. And so we worked really, really hard to make it seamless and easy because you might be technical and you might know your way around seed phrases and private keys, but the people who are guarding your vault don’t need to. And you don’t know who is going to be involved in that because you might change them out. It might be your kids might be your guardians at some point. So we built it to really be easy and smooth so you don’t have to worry about how the pieces fit together.

Ron Jordan:

Oh, that’s great. And I love the background there. And yeah, crypto, it’s coined for something different these days, but no doubt about it. And you had mentioned too in our previous conversations that you sort of coach entrepreneurs, you’re somebody that they lean to. And I’m curious that background there, what are some of the conversations that you’re having with founders whenever they approach you and they’re just at their wit’s end because they’ve been doing it themselves and they just can’t figure it out? Why won’t somebody invest in me?

Wasim Ahmad:

Yeah. So I definitely, I meet a lot of founders, first time founders, fundraising, they’ve tried it, it’s not working. And generally speaking, what I find is that their deck is sort of a look, here are our designs and here’s our app, and this is the platform we’ve built. And they really, some of them do a little better. They have, this is the problem we’re solving and these are the issues, but very few of them tune in on the one fact that is so, so important, which is investors only care about how much money they’re going to make. So you need to tell them that. And you need to tell them that in the first three minutes. So you better start with how big the problem is, how much money there is to be made, and how you are going to make that money given who else is trying to make money in that area.

And then once you’ve got them and they’re relaxed that they can make a billion dollars or they can make a half a billion dollars, whatever floats their boat, then you can show them your designs and your screens and your go-to market plan and all of those. And then the other thing that people miss out is talking about themselves because if you are a first time founder and you don’t really have a track record of starting companies and successfully exiting them, the only thing that anyone has to go on is your energy or your passion about it or your credentials. Maybe you have a PhD in something or your team has several PhDs or they’ve come from very interesting companies, but you have to that branding around you and your credibility of why they should pay attention to you, that is critical. And so that needs to be right at the beginning. And so a lot of people are shy. They’re like, oh no, I don’t want to be humble. I don’t want to toot my own horn. But then why would they listen to anything you have to say? So those two things are the most important and people miss that out time and time again.

Ron Jordan:

Yeah, it’s like, why are you interesting? And how much money can I make?

Wasim Ahmad:

Exactly.

Ron Jordan:

Get it done, get it done right out of the front, right out of the gate and have energy about it and have that confidence in yourself and what you’re putting the market, what’s the target market? What is the market size? How can we attack it? All of those things are just so important whenever you’re building a business in general, the problem that you’re solving, is it really a problem? And how many people have that problem and then how much are they willing to pay solve it,

Wasim Ahmad:

Right, exactly.

Ron Jordan:

Yeah, no doubt about that. So I love that you are sort of, how do I say this? You attack it from all angles where you’ve been in the trenches, you’ve built businesses, you’ve gone through it, and now you’re sharing that knowledge. And here at growth mindset moment, that’s what we’re all about, is sharing information. So we can, those who want to apply this type of mentality, they can grow themselves and they can make their inspiring us to think bigger type of attitude is don’t sell yourself short. Do you ever have those more psychologist type of conversations with people is like, Hey, what you have here is really, really great, but we need to work on how you’re presenting it or who you think you are. Do you have those conversations with people?

Wasim Ahmad:

Absolutely. I mean, part of it is how are they personally presenting it? And then often it’s just a deck. It may not hit the mark at all. And I think the thing to remember, people approach mentors often because they want introductions because they want advice, but then they want introductions into their network. But I can’t introduce someone that has a substandard deck. Those people will say, why did you send this person to me? They haven’t got the basics. So that’s why I think it’s important to uplevel your deck and at least your story

Ron Jordan:

For sure.

Wasim Ahmad:

You don’t always have to have a physical deck. It’s the story that you tell that has to be, you have to be conversant with it and it has to have all the salient points.

Ron Jordan:

And you’ve created a resource for people to enhance their decks. Yes,

Wasim Ahmad:

Yes. So I got sick of sending the same email cut and pasting the same email. So I did a LinkedIn post with all of the information about what are the 10 things that you need to include? And then when chat GPT came out, I built a little GPT where you can upload your deck and it’ll analyze it and say, oh, you forgot about the team, or you forgot about monetization, which was like, you missed monetization, which is how you make money. It’s really important. So it just kind of helps you get over that hurdle. And then we can have a conversation about, well, what type of investor is the best and who do I know and who might you want to go reach out to? And all of those kinds of things. The deck shouldn’t be the complicated bit, but it often is the stumbling block.

Ron Jordan:

Yeah, it’s the one stumbling block where you can’t sort of get out of your own way type of attitude about that.

Wasim Ahmad:

Yeah, absolutely.

Ron Jordan:

So I’d like to derail this just a tad, just a tad, and I want to know a little bit more about how you apply this growth mindset to what you do on a daily basis. You are obviously in blockchain, you’re in crypto, you’re going out on these limbs of emerging industries. Where does that mindset come from? Are you reading books? Are you leaning on other mentors? What are you doing on a daily, weekly, monthly, whatever basis to make sure that you stay sharp and where that mindset comes from?

Wasim Ahmad:

Well, I think in the crypto space, we’re very lucky because there are some people who have seriously thought about crypto today and crypto tomorrow, and some of them talk about it in terms of what’s going to happen to the market. Other people have been looking at it in terms of how do these ecosystems evolve over time? And all of these people are on X, so you can find them, you can go look at maybe more well-known people and see who they follow. Some of them actually have lists set up, and you can go look at the lists and you’ll see really smart people in that list. And if you start to do that, you can curate your own set of experts who can answer some of the questions that you’re talking about. And then with Rock, rock knows it all, use GR inside X and you’ll get the answers to a lot of questions.

And so we use that a lot recently. We use that a lot because it really has dramatically improved and that really drives a lot of the ideas. It stimulates the ideas of what campaign should we do. We just started doing meme campaigns because meme campaigns work, we looked at what are the OGs doing because OGs know everything, so how do you tell them here’s a different way to do something that you’ve been doing for 10 years or 15 years. But we also have used, we look at what experts are seeing as people come into Gemini, come into Coinbase, and then start buying assets that are outside those exchanges and then what problems they run into. So I see that as the main source of finding those experts on X and following them gives you, because especially when you see the same point of view reflected a few times, then you kind of know that they’ve got a point to be made.

And so that helps, I think, guide you and you don’t get too far adrift. And then I think the other piece is just segmentation, making sure, so I don’t know what the makeup of your audience is, but 35% of men will do wills, 65% of women. So I’m on a mission to make sure that women know that they have this tool that can be used to manage the finances of their household from a crypto perspective. So I think as you find these nuggets of information, you can start to use that to really drive what kinds of campaigns you do and how you’re showing up and a lot of grassroots marketing. I think that’s kind of the way to go.

Ron Jordan:

I love that you are leaning into AI tools as well, because I’ve been a huge proponent of artificial intelligent tools such as your Chat GPTs, your grs, and creating agents to help you. I got to be honest, for 20 to $40 a month to have the upgraded subscription to these things and to be able to create agents and have assistance in many different facets has tremendously increased my output because I’m able to give them prompts that elicit responses that would’ve taken me hours to research, just even as simple as who to follow on X. If I’m trying to understand more about X, Y, Z topics, for example, it’s going to give you a list and then give me a list of that list. Give me a list of people who are the most active on Twitter, and let’s follow those people. It gives you this ability to have this broad scope and then really narrow down your vision as to who you want to engage with because those are sort of your thought leaders, if you will. And it sounds like you guys are leaning into that quite heavily.

Wasim Ahmad:

Yeah, because I think during the pandemic we found that you couldn’t rely on the government to tell you what to do. You couldn’t rely on institutions to tell you what to do. You really couldn’t rely on the neighbors because people had different personal opinions about stuff, but there were experts out there that had experience of pandemics or disease or whatever it happened to be, and they were calling the trends way, way, way before anyone else. And I feel like that was the moment when it really crystallized for me and for a lot of people that yeah, you can find really good information. Yes, the internet is Google has indexed the garbage on the internet, but there is gold out there and you can find it. And that’s what X and I’m sure some of these other social media platforms can do. But I feel like X is the most developed,

Ron Jordan:

It seems to be, especially in just this blockchain Web3 world, especially. This seems to be where those natives live, breathe, and are active daily and sharing ideas. I think that a lot is lost. Whenever you’re just doing a Google search and you look up something, whatever, pick a topic. I guarantee you, if you pick that topic and you put it into Grok and you ask it for thought leaders on that topic, you will get much more clear information than if you put it into a Google search and you won’t have to research, which Google link to click on and things like that. It’s just going to be these people. And honestly, the other piece of it too is I feel like people were so open to dms, not the dms that I get on a daily basis to grow my audience and all of those things, but if you have an actual question for somebody and you’re thoughtful about it, I have experienced that a lot of people respond to you on Twitter.

Wasim Ahmad:

Yeah, absolutely. It’s a very collegiate friendly,

Ron Jordan:

Yeah, it’s very open source mentality. And I think that everybody shares in the vision. I don’t want to say everybody, that’s such a blanket statement, but a lot of folks enjoy sharing their ideas because they want to have a better tomorrow really is what it’s all about. And the traditional ways of doing things, I think a lot of folks are tired of the model, and we’re in the midst of this new creation of a new model, and it gets me excited. And to be able to have a tool now with Vault12 and pass that legacy along gives me even more hope because it’s not lost with me. It can live on. And that’s something that’s really exciting for me just as a dad, as a husband, as a brother, those types of things I think that are really impactful. And I love the fact too that you were talking about women inside of this space and they have access to this type of thing too, because we see tons of ladies making huge moves in the crypto space, in the blockchain world and creating amazing apps, and they’re not on a silo either.

They’re able to access these types of things and that whole entire era of the men control all the finances and stuff that is coming to a halt because of blockchain and these types of resources. So I just love the whole entire ecosystem of what you guys are doing over there, leaning into AI tools, allowing us to have a resource to pass on the inheritance to the next generation should something happen, or even if nothing does happen and we just want to make sure that we have safeguards in place. It just seems like such a, I can’t believe there aren’t more tools like it, to be honest with you.

Wasim Ahmad:

Well, someone has to be the pioneer. So that’s us.

Ron Jordan:

And you guys are the pioneers, right? On the front page of the website, the pioneers of Crypto Inheritance Vault12.

Wasim Ahmad:

Yep.

Ron Jordan:

Yep. So I mean, that’s where it’s at guys. And I mean we see, was there anything else that you wanted to get across to our listeners that we just missed or I just talked over? Yeah,

Wasim Ahmad:

I mean, I think that you got to do something about your crypto assets and you’ve got to do it today. You don’t really know what’s in the future. So just make sure that you’ve thought through, how have I backed up my ledger device? How have I backed up my meta mask wallet and how am I going to tell someone should something happen to me? What is that? What does that look like for you? Everyone has different circumstances and you may find that our product is a good fit for that for you, but you do need to just think through what would happen, how would it work through, so people don’t pay attention to that. And Bitcoin’s been around for 15 years, so these scenarios of 10 years in, I threw away the hard drive because I forgot that I had this encrypted piece on it that had the pin code of the wallet. That’s already happened. All of those things have happened. And so it’s not, it may happen, it’s happening. We don’t even know how many people have lost stuff. There’s a lot.

Ron Jordan:

There are definitely a lot. And we hear stories every single day about people being scammed out of their assets and things like that because of normal phishing techniques and social engineering techniques. And it all comes back to where is all that information stored for your crypto assets? And if you can store it in a place that is secure, encrypted, future encrypted against quantum computing, and I mean you’re safe in this respect, and I really hope that you guys lean in and take the advice of Wasim co-founder of Vault12, the pioneer of crypto inheritance. You take this advice, go check it out at the very least, Vault12 over at the Apple Store, at the App store rather, and then the Google Play Store. You can go download it today, go poke around, see what it’s about. If you have any questions, you can feel free to email me, ronJordan@thestarspodcast.com, or you can reach out to Asim over on X. If I were to guess he’d be open to the dm.

Wasim Ahmad:

Of course.

Ron Jordan:

Well, thank you so much for joining me today. I appreciate every insight that you’ve given us. You’ve really shone a light on this movement of crypto inheritance and really thinking about the future for our guests today or for our listeners today.

Wasim Ahmad:

Thanks so much, Ron.

Ron Jordan:

Absolutely. Thanks guys for joining in. As always, enjoy the journey. Thank you for listening to Growth Mindset Moment. Take care everybody. Thanks for tuning into another episode of Growth Mindset Moment, a reg radio production. We hope today’s conversation sparked new ideas, challenged your thinking, and inspired you to embrace the power of growth. Remember, the future is unfolding before us, and with the right mindset, there are no limits to what you can achieve. Stay curious, stay driven, and keep evolving. We’ll see you on the next episode. Until then, enjoy the journey.