The Last Trade E021: Is This Time Different? with Larry Lepard
October 13, 2023
The Last Trade is a podcast from Onramp Media exploring where bitcoin meets traditional finance on a macro scale. In this episode, Onramp hosts Marty Bent, Jesse Myers, and Michael Tanguma speak with investor Larry Lepard about the macro environment and bitcoin's role within it.
Marty Bent, Jesse Myers, and Michael Tanguma host investor Larry Lepard on The Last Trade, a show from Onramp Media. The conversation ranges across stagflation, the deflation debate, and counterparty risk, then contrasts sound money with speculative investments. Lepard and the hosts also discuss digital scarcity, generational divides, and questions around bitcoin centralization and the multisig standard. The Last Trade is editorial commentary from Onramp Media and is not investment advice.
Chapters
0:00 - Intro 0:30 - Is this time different? 17:44 - Stagflation 21:22 - Millennials vs Boomers 25:45 - Sound and BS investments 31:52 - Lepard's Case For Bitcoin In A Crisis 38:25 - Lepard On The Inflation-Deflation Debate 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
Frequently Asked Questions
What macro themes does Larry Lepard discuss on The Last Trade?
He covers stagflation (17:44), the deflation debate (38:25), and counterparty risk (42:16), and how each shapes his view of bitcoin. This is the show's framing, not investment advice from Onramp.
Who hosts this episode of The Last Trade?
Marty Bent, Jesse Myers, and Michael Tanguma host the show from Onramp Media, joined by guest Larry Lepard (0:00).
What does the episode say about bitcoin centralization?
The hosts and Lepard discuss concerns about bitcoin centralization (59:51) and the multisig standard (1:06:21) as a response.
Does the episode cover digital scarcity?
Yes. Around 51:16 the discussion turns to digital scarcity and why the participants see it as central to bitcoin's monetary case. This is the show's framing, not investment advice from Onramp.
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.