DO NOT TRUST THE INSTITUTIONS — Saylor and CZ Just Exposed Themselves

Binance handed Russian authorities the full transaction history, passport, address, and phone number of a customer who donated just $700 in Bitcoin to the Ukrainian military. That customer now faces terrorism financing charges. If you think that only happens in authoritarian countries, Canada already froze trucker convoy donors' accounts and shared that list with foreign governments. In this episode: • Michael Saylor now says Bitcoin is capital, not money, and argues Bitcoin-backed stablecoins should be the medium of exchange — the hosts dissect whether this is a genuine strategic pivot or a survival move to keep MicroStrategy's business model alive. • MicroStrategy's Bitcoin-per-share metric continues declining, MSCI is reportedly preparing to boot the company from its index, and the hosts predict Saylor will face calls to resign before year-end. • Binance shared a customer's passport, transaction history, address, and phone number with Russian authorities over a $700 crypto donation to Ukraine — a detailed breakdown of why KYC exchanges are a liability and how tools like BTCPay Server, Wasabi Wallet, silent payments, and Lightning can protect donors. • Safe Pal disclosed a data breach exposing name, email, shipping address, and phone number for roughly 39,000 customers who ordered between March 2025 and April 2026. • BitBox released a firmware security update patching a severe vulnerability that could have allowed an attacker to install malicious firmware and steal funds. • Japan's 2-year bond yields hit a 31-year high, the US 30-year Treasury yield hit 5.29 percent, the highest since June 2007, and the Buffett indicator sits at 219 percent — the group breaks down what forced buying of short-term paper, stablecoin legislation, and the Japan carry trade mean for Bitcoin. • BitKey hardware wallet gets a reassessment: the hosts weigh its ease of use against the lack of a full wallet descriptor export, and debate how much of a stack belongs in a custodial-adjacent setup. The full video version is streaming now on the BTC Sessions YouTube channel. Watch the video version: https://youtu.be/j5mnqcfuue0