
Onramp Bitcoin Media
Onramp Bitcoin Media
Bitcoin-native insights on markets, investing, and the future of finance.
https://onrampbitcoin.com/
The Last Trade
Bitcoin meets macro.
Onramp Media’s flagship show covering markets, monetary policy, tech, and the shifting tides of global finance.
Final Settlement
Building on Bitcoin.
A biweekly dive into Bitcoin applications, protocol development, and early-stage venture—brought to you by Early Riders.
Scarce Assets
Bitcoin for professionals.
Conversations with allocators and finance pros on portfolio strategy, hard money, and the rise of digital scarcity.
Latest episodes

Dec 8, 2023 • 1h 13min
The Last Trade E029: Shaping Bitcoin Policy with Lee Bratcher
The Last Trade: a weekly, bitcoin native, interactive podcast covering where Bitcoin and traditional finance meet on a macro scale. Hosted by Marty Bent, Jesse Myers (Croesus), Michael Tanguma, and a special weekly guest host.
Join us as we dive into what Bitcoin means for how individuals & institutions save, invest, and propagate their purchasing power through time. It's not just another asset - in the digital age, it's the Last Trade that investors will ever need to make.
0:00 - Intro
1:56 - Jamie Dimon hates crypto
2:49 - Introducing Texas Blockchain Council
13:19 - Mining in Texas
17:37 - Texas energy grid
21:11 - Mining potential for Texas
25:44 - Area-specific mining challenges
27:39 - Impact of mining on energy price
33:41 - Message from Onramp
34:06 - Systemic fragility of “renewables”
38:00 - Elizabeth Warren and CBDCs
49:24 - Commodity backed currencies
56:27 - Regional banks
1:00:00 - Local politics
1:05:19 - Bitcoin friendly politicians
1:10:34 - Wrapping up
Schedule time with the link below if you would ever like to learn more about Onramp and please sign up for weekly Research and Analysis to get access to the best content in the ecosystem weekly:
https://onrampbitcoin.com/contact-us/
https://onrampbitcoin.com/category/podcast-the-last-trade/

Dec 1, 2023 • 1h 35min
The Last Trade E028: State-Led Legislative Innovation with Joel Revill
The Last Trade: a weekly, bitcoin native, interactive podcast covering where Bitcoin and traditional finance meet on a macro scale. Hosted by Marty Bent, Jesse Myers (Croesus), Michael Tanguma, and a special weekly guest host.
Join us as we dive into what Bitcoin means for how individuals & institutions save, invest, and propagate their purchasing power through time. It's not just another asset - in the digital age, it's the Last Trade that investors will ever need to make.
0:00 - Intro
1:56 - Joel’s background
6:34 - Wyoming blazes trails for freedom
12:30 - Starting Wyoming’s digital asset legislation
17:05 - Definitions in legislation and state vs federal
22:09 - Stable tokens as a transitional stage for Bitcoin’s adoption
45:06 - Inter-state jurisdictional arbitrage
47:53 - Setting an example for other states
51:51 - Marty Jones escapes
58:53 - Message from Onramp
59:18 - Two Ocean Trust
1:04:54 - Research piece from Two Ocean, Sharpe ratio
1:19:17 - Is zero Bitcoin the riskiest choice?
1:24:42 - Steel bull argument
1:29:22 - Halving and hashrate
1:33:22 - Wrapping
Schedule time with the link below if you would ever like to learn more about Onramp and please sign up for weekly Research and Analysis to get access to the best content in the ecosystem weekly:
https://onrampbitcoin.com/contact-us/
https://onrampbitcoin.com/category/podcast-the-last-trade/

Nov 22, 2023 • 1h 29min
The Last Trade E027: Bitcoin’s Role in Financial Advisory with Andy Edstrom
The Last Trade: a weekly, bitcoin native, interactive podcast covering where Bitcoin and traditional finance meet on a macro scale. Hosted by Marty Bent, Jesse Myers (Croesus), Michael Tanguma, and a special weekly guest host.
Join us as we dive into what Bitcoin means for how individuals & institutions save, invest, and propagate their purchasing power through time. It's not just another asset - in the digital age, it's the Last Trade that investors will ever need to make.
0:00 - Intro
1:56 - CZ news
10:46 - Roach motel ETF
20:26 - Touching every hot stove before Bitcoin
27:46 - Pitching Bitcoin to friends
31:50 - Message from Onramp
32:14 - Andy’s backstory
44:21 - Educational content
51:18 - Getting past Bitcoin’s perceived radioactivity
59:07 - When does Bitcoin avoidance become negligent?
1:03:48 - ESG narratives
1:08:31 - Geopolitical landscape set for bull run
1:22:49 - Thanksgiving wrap up
Schedule time with the link below if you would ever like to learn more about Onramp and please sign up for weekly Research and Analysis to get access to the best content in the ecosystem weekly:
https://onrampbitcoin.com/contact-us/
https://onrampbitcoin.com/category/podcast-the-last-trade/

Nov 17, 2023 • 1h 46min
The Last Trade E026: Mining for Talent in Bitcoin with Andy Thompson
The Last Trade: a weekly, bitcoin native, interactive podcast covering where Bitcoin and traditional finance meet on a macro scale. Hosted by Marty Bent, Jesse Myers (Croesus), Michael Tanguma, and a special weekly guest host.
Join us as we dive into what Bitcoin means for how individuals & institutions save, invest, and propagate their purchasing power through time. It's not just another asset - in the digital age, it's the Last Trade that investors will ever need to make.
https://www.bitcointalent.co/
0:00 - Intro1:56 - State of mining15:40 - Mining is brutal24:35 - Sound strategies33:04 - Energy integration and other innovations43:29 - Did Satoshi foresee energy money?56:43 - Bitcoin UX59:02 - Message from Onramp59:27 - High growth industry1:05:44 - Bitcoin is the only worthwhile POW1:17:00 - Infrastructure competition with AI1:22:06 - Human flourishing vs ESG1:30:17 - Rome didn’t think it would fall1:36:11 - BTC Talent Co
Schedule time with the link below if you would ever like to learn more about Onramp and please sign up for weekly Research and Analysis to get access to the best content in the ecosystem weekly:
https://onrampbitcoin.com/contact-us/
https://onrampbitcoin.com/category/podcast-the-last-trade/

Nov 10, 2023 • 1h 45min
The Last Trade E025: Deep Dive on Bitcoin’s Full Potential Valuation with Dylan LeClair
The Last Trade: a weekly, bitcoin native, interactive podcast covering where Bitcoin and traditional finance meet on a macro scale. Hosted by Marty Bent, Jesse Myers (Croesus), Michael Tanguma, and a special weekly guest host.
Join us as we dive into what Bitcoin means for how individuals & institutions save, invest, and propagate their purchasing power through time. It's not just another asset - in the digital age, it's the Last Trade that investors will ever need to make.
https://us06web.zoom.us/webinar/register/WN_N7Q2T6vGSAKhRVvitO77vA#/registrationhttps://onrampbitcoin.com/category/weekly-analysis/
0:00 - Intro1:54 - Price pump and ETF23:51 - Bitcoin adoption50:57 - Message from Onramp51:22 - Bitcoin’s full potential valuation1:09:48 - Roundtable takes on Jesse’s analysis1:25:26 - Eth ETF1:31:48 - Unfortunate nomenclature1:37:57 - Wrapping up
Schedule time with the link below if you would ever like to learn more about Onramp and please sign up for weekly Research and Analysis to get access to the best content in the ecosystem weekly:
https://onrampbitcoin.com/contact-us/
https://onrampbitcoin.com/category/podcast-the-last-trade/

Nov 3, 2023 • 1h 35min
The Last Trade E024: Market Forces & Fed Reactions with Nik Bhatia
The Last Trade: a weekly, bitcoin native, interactive podcast covering where Bitcoin and traditional finance meet on a macro scale. Hosted by Marty Bent, Jesse Myers (Croesus), Michael Tanguma, and a special weekly guest host.
Join us as we dive into what Bitcoin means for how individuals & institutions save, invest, and propagate their purchasing power through time. It's not just another asset - in the digital age, it's the Last Trade that investors will ever need to make.
0:00 - Intro
1:58 - ISM, bonds and interest rates
18:14 - Cycle theory of investing
28:15 - Can companies survive?
35:18 - Message from Onramp
35:43 - Escape velocity
41:04 - Reactive Fed and debt binge
50:26 - Con game
58:00 - Bond market isn’t worried
1:06:10 - Bitcoin decoupling and price ceiling
1:32:00 - Plugging Nik’s book
Schedule time with the link below if you would ever like to learn more about Onramp and please sign up for weekly Research and Analysis to get access to the best content in the ecosystem weekly:
https://onrampbitcoin.com/contact-us/
https://onrampbitcoin.com/category/podcast-the-last-trade/

Oct 31, 2023 • 1h 14min
The Last Trade E023: A Peer-to-Peer Electronic Cash System with BitGo & Coincover
The Last Trade: a weekly, bitcoin native, interactive podcast covering where Bitcoin and traditional finance meet on a macro scale. Hosted by Marty Bent, Jesse Myers (Croesus), Michael Tanguma, and a special weekly guest host.
Join us as we dive into what Bitcoin means for how individuals & institutions save, invest, and propagate their purchasing power through time. It's not just another asset - in the digital age, it's the Last Trade that investors will ever need to make.
1:56 - The Vegas rip missed Vegas
8:04 - Whitepaper is 15
14:04 - Introducing Alex and Coincover
19:17 - MPC vs multisig
24:43 - Perspective
29:49 - Interaction between key agents
34:26 - Message from Onramp
34:51 - Coincover’s unique value
43:37 - Tip of the spear for a new market
48:11 - Bitcoin financial products
51:56 - Transparency and due diligence
56:10 - Evaluating counterparties
59:16 - Building for trillionaires
1:06:36 - Feeling bullish
1:08:23 - BitStein’s 15th anniversary video
1:11:16 - Jesse’s on route to Texas
1:12:34 - Wrapping
Schedule time with the link below if you would ever like to learn more about Onramp and please sign up for weekly Research and Analysis to get access to the best content in the ecosystem weekly:
https://onrampbitcoin.com/contact-us/
https://onrampbitcoin.com/category/podcast-the-last-trade/

Oct 20, 2023 • 1h 29min
The Last Trade E022: A New Custody Standard with Mitch Kochman from BitGo
The Last Trade: a weekly, bitcoin native, interactive podcast covering where Bitcoin and traditional finance meet on a macro scale. Hosted by Marty Bent, Jesse Myers (Croesus), Michael Tanguma, and a special weekly guest host.
Join us as we dive into what Bitcoin means for how individuals & institutions save, invest, and propagate their purchasing power through time. It's not just another asset - in the digital age, it's the Last Trade that investors will ever need to make.
0:00 - Intro
1:56 - Mitch’s backstory
7:08 - It’s for the kids
12:57 - BitGo
21:21 - Bitcoin breaking from Crypto
26:00 - Early in monetization process for digital gold
29:57 - Custodial risk
40:22 - A message from Onramp
40:47 - Fear of losing your own Bitcoin
50:29 - Innovator’s dilemma and new fee structures
53:32 - Providing context, setting a new standard
1:02:21 - Shifting mindset to custody as a paid service
1:09:09 - Heavy bags are uncomfortable
1:13:56 - Building the future and spreading the word
1:25:07 - Wrapping up
Onramp is a bitcoin asset management platform built on multi-institution custody. We serve high net-worth individuals, institutional investors, and financial intermediaries with a best-in-class suite of products, which include Multi-Institution Custody, a spot Bitcoin Fund, Onramp Wealth for RIAs, and Private Wealth services for HNWIs.
Leveraging our partnership with BitGo and other industry leaders, Onramp’s multi-institution custody is a first-of-its-kind institutional-grade vault, requiring 2 of 3 institutions at any point in time to sign once a client’s unique permissions have been met.
Our multi-institution vaults utilize cold storage key signing and authentication at the direction of the client to maximize security for client assets. This pioneering approach to custody is the foundation of Onramp’s financial products, which reduce counterparty risk associated with trusting a single institution.
To learn more about how Onramp can help you secure a new or existing bitcoin position, please visit our website at www.onrampbitcoin.com, where you can schedule a consultation and connect directly with our team.

Oct 13, 2023 • 1h 30min
The Last Trade E021: Is This Time Different? with Larry Lepard
The Last Trade: a weekly, bitcoin native, interactive podcast covering where Bitcoin and traditional finance meet on a macro scale. Hosted by Marty Bent, Jesse Myers (Croesus), Michael Tanguma, and a special weekly guest host.
Join us as we dive into what Bitcoin means for how individuals & institutions save, invest, and propagate their purchasing power through time. It's not just another asset - in the digital age, it's the Last Trade that investors will ever need to make.
0:30 - Is this time different?
17:44 - Stagflation
21:22 - Millennials vs Boomers
25:45 - Sound and BS investments
31:52 - Bitcoin is a no brainer in upcoming crisis
38:25 - Looking bad for the side of deflation
42:16 - Counterparty risk
46:54 - Sell the news?
51:16 - Digital scarcity
54:13 - Important names catching on
59:51 - Centralization of Bitcoin
1:06:21 - Multisig standard
1:11:55 - Interesting times
Onramp is a bitcoin asset management platform built on multi-institution custody. We serve high net-worth individuals, institutional investors, and financial intermediaries with a best-in-class suite of products, which include Multi-Institution Custody, a spot Bitcoin Fund, Onramp Wealth for RIAs, and Private Wealth services for HNWIs.
Leveraging our partnership with BitGo and other industry leaders, Onramp’s multi-institution custody is a first-of-its-kind institutional-grade vault, requiring 2 of 3 institutions at any point in time to sign once a client’s unique permissions have been met.
Our multi-institution vaults utilize cold storage key signing and authentication at the direction of the client to maximize security for client assets. This pioneering approach to custody is the foundation of Onramp’s financial products, which reduce counterparty risk associated with trusting a single institution.
To learn more about how Onramp can help you secure a new or existing bitcoin position, please visit our website at www.onrampbitcoin.com, where you can schedule a consultation and connect directly with our team.

Oct 6, 2023 • 1h 37min
The Last Trade E020: Building the Bloomberg Terminal for Bitcoin with Alon Shvartsman
Alon Shvartsman, an expert in building the Bloomberg Terminal for Bitcoin, joins the hosts to discuss the development of a new Bitcoin terminal and the value of fundamental metrics in understanding the state of Bitcoin. They explore changes in Bitcoin mining, Lightning Network, Bitcoin node distribution, and non-mainstream metrics available on the terminal. Building a Bitcoin terminal, the difficulty estimator in Bitcoin mining, and the importance of accurate data in the cryptocurrency industry are also discussed.