In this episode of the All In Crypto Podcast, we are joined by Fahmi Syed, President of Midnight Foundation, to discuss one of the most important issues in blockchain today: privacy.

Fahmi explains why public blockchains may have confused transparency with truth, and why permanent on-chain visibility can become a serious problem for individuals, institutions, hedge funds, banks, enterprises, and even governments.

We explore why privacy is not just about hiding information, but about protecting identity, strategy, financial activity, personal data, medical records, business logic, and real-world adoption.

Fahmi also breaks down how Midnight uses zero-knowledge technology, selective disclosure, private smart contracts, identity, and a new tokenomics model to create privacy-first blockchain infrastructure that can support institutions, developers, Web2 companies, other blockchains, and real-world applications.

From hedge funds and public blockchain surveillance to Monument Bank, tokenized deposits, healthcare, supply chains, AI agents, Brave, and the future of data ownership, this conversation explains why Midnight believes privacy could be the missing layer for mass blockchain adoption.