Macro Noise, (Micro)Strategy, Fiscal Dominance, & Bitcoin Banks

The Last Trade 2/7/25

The Last Trade
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The Last Trade: a weekly, bitcoin-native podcast covering the intersection of bitcoin, tech, & finance on a macro scale. Hosted by Jackson Mikalic, Michael Tanguma, Brian Cubellis, & Tim Kotzman. Join us as we dive into what bitcoin means for how individuals & institutions save, invest, & 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.

00:00 – Geopolitical Shifts & Bitcoin’s Resilience
06:30 – Long-Term Trends in Bitcoin Adoption
09:15 – State-Level Bitcoin Legislation
12:13 – The Role of Stablecoins in the Global Economy
21:21 – The Shift in Wealth Concentration
27:32 – The Global Race for Bitcoin Adoption
30:14 – Trump Bitcoin ETF & Market Implications
43:27 – The Long Game of Bitcoin Adoption
49:46 – The Nuances of Self-Custody
58:11 – Inheritance & Bitcoin: Planning for the Future
01:03:23 – MicroStrategy’s Evolving Strategy
01:10:39 – The Future of Bitcoin Banking
01:14:13 – Outro & Disclaimer