E149: Trezor CEO: How 98% of Crypto Users Are Vulnerable to HACKS (you could be next)

Trezor CEO Matej Zak discusses Bitcoin, self-custody, and the importance of security and privacy in cryptocurrency. Zak recounts the 1953 monetary reform in the Czech Republic, where citizens lost most of their savings overnight, highlighting how Bitcoin offers a non-governmental alternative. He stresses that true ownership means having full control of funds without intermediaries, which is why Trezor prioritizes product-driven solutions over business-driven strategies. Zak also shares Trezor's commitment to open-source principles, recounting how their research team discovered a vulnerability in a competitor's secure element chip, which led to the development of their own open-source secure element. He also previews upcoming NFC-enabled backup features to improve usability.