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The Last Trade E045: A Generational Reckoning with Jackson Mikalic

Onramp Media

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Bitcoin Market Dynamics and Coinbase Criticism

The chapter explores market dynamics of chip prices and ASICs, Coinbase's partnership with Lightning, and the challenges for companies like Coinbase in adopting Bitcoin technologies. Criticisms are directed at Coinbase for outsourcing Bitcoin products, being late to implement Lightning, and misallocating capital in the crypto space. The conversation also delves into missed opportunities for companies in Bitcoin ownership and the advice for institutional investors to simply hold Bitcoin.

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