The Last Trade E018: Bitcoin's Custodial Landscape Through a Legal Lens with Gavin Fearey
September 22, 2023
The Last Trade is a podcast from Onramp Media covering the intersection of bitcoin and traditional finance. In this episode, Onramp hosts Marty Bent, Jesse Myers, and Michael Tanguma speak with attorney Gavin Fearey about the legal side of bitcoin custody.
Marty Bent, Jesse Myers, and Michael Tanguma host attorney Gavin Fearey on The Last Trade, a show from Onramp Media. Fearey examines bitcoin's custodial landscape from a legal perspective, covering qualified custodians, definitions of custody, and custodian competency. The conversation also touches on the recognition of bitcoin as property, accounting treatment, state charter banks, self-regulation, and mining in Texas. The Last Trade is editorial commentary from Onramp Media and is not investment advice.
Chapters
0:00 - Intro 0:30 - Welcoming Gavin Fearey 11:08 - 2018 paper 22:47 - Qualified custodians 29:09 - Definitions surrounding custody 35:57 - Custodian competency 42:01 - Bitcoin short squeeze 45:48 - Gavin’s view on the current market 52:05 - Free banking and self regulation 59:28 - Accounting 1:05:06 - Recognition of Bitcoin as property 1:10:31 - Future of state charter banks vs the fed 1:17:22 - Texas and mining 1:29:09 - Back to regulating Bitcoin 1:35:03 - Last thoughts before wrapping
Frequently Asked Questions
What legal custody topics does Gavin Fearey cover on The Last Trade?
He discusses qualified custodians (22:47), definitions surrounding custody (29:09), and custodian competency (35:57) from a legal perspective.
Does the episode discuss bitcoin as property?
Yes. Around 1:05:06 Fearey addresses the legal recognition of bitcoin as property, and later accounting treatment (59:28).
What does the episode say about banking and regulation?
Fearey and the hosts discuss free banking and self-regulation (52:05), the future of state charter banks versus the Fed (1:10:31), and regulating bitcoin (1:29:09).
Who hosts this episode of The Last Trade?
Marty Bent, Jesse Myers, and Michael Tanguma host the show from Onramp Media, joined by guest Gavin Fearey (0:00).
This episode is editorial and educational content. Onramp does not provide tax, legal, or investment advice. Bitcoin is volatile and may lose value. Past performance does not guarantee future results.