The Last Trade E028: State-Led Legislative Innovation with Joel Revill
December 1, 2023
The Last Trade is a weekly market and macro show from Onramp Media, hosted by Marty Bent, Jesse Myers and Michael Tanguma with a rotating guest. This episode features Joel Revill on state-led digital asset legislation. Onramp Media produces the series.
On this episode of The Last Trade, from Onramp Media, hosts Marty Bent, Jesse Myers and Michael Tanguma welcome Joel Revill. The conversation focuses on state-led digital asset legislation, using Wyoming as a case study, and covers how definitions differ across state and federal law, stable tokens as a transitional stage, and jurisdictional arbitrage. Revill also discusses Two Ocean Trust and a related research piece on the Sharpe ratio. The Last Trade is editorial commentary from Onramp Media and is not investment advice.
Chapters
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
Frequently Asked Questions
Who is the guest on The Last Trade episode 28?
Joel Revill joins hosts Marty Bent, Jesse Myers and Michael Tanguma; he shares his background early on (01:56).
What does the episode say about Wyoming's legislation?
The conversation covers how Wyoming built its digital asset legislation and how definitions differ across state and federal law (12:30, 17:05).
Does the episode discuss Two Ocean Trust?
Yes. The group discusses Two Ocean Trust and a related research piece referencing the Sharpe ratio (59:18, 1:04:54).
What does the episode say about stable tokens?
Revill discusses stable tokens as a transitional stage for bitcoin adoption (22:09). This is the guest'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.