Grateful to @SquawkCNBC @andrewrsorkin for the conversation in New York last week. Two things I keep coming back to: On building. Opening our New York hub and bringing John Andrews on board is about one thing — assembling the best people for the next decade. Capital is a means. A great company is the goal. On hardware. The economy of autonomous AI agents is arriving fast. They will increasingly make decisions—and access private information—on our behalf. When they do, one thing becomes critical: control. We must control our keys. Consent must be human-verifiable, secured by hardware at the core. As AI agents begin to hold and move value autonomously, the question isn’t which cloud they run on. The question is: where is the private key, and who controls the device that holds it? Hardware-anchored security is shifting from a “nice to have” to the invisible infrastructure of the digital world. That’s the Revenge of the Atoms.