Alex Saleh joins The Last Trade to argue that Bitcoin custody is still in the dark ages and outline what a modern custody solution must look like for the next wave of individual and institutional adoption. Recorded against the backdrop of Trump's Bitcoin 2024 conference appearance and rumors of a US strategic Bitcoin reserve, the conversation explores the dramatic shift in Bitcoin's political and institutional standing in just one year. Alex walks through the UX gap between fiat money familiarity and Bitcoin custody complexity, why multi-institution custody is the right architecture for serious capital, and how 1031 Exchange's work addresses both individual and institutional custody needs. The episode captures a pivotal moment when Bitcoin's legitimacy is undeniable and the infrastructure race to serve that legitimacy is just beginning.