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. 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.

🎙️ About This Episode

Onramp Finance is live — a unified money platform combining bitcoin, dollars earning up to 5%, a spending card, and MIC as the long-term custody layer. The crew breaks down why this stands in stark contrast to Polymarket launching 24/7 perpetual futures the same day, and why meeting the market where it's at has been the north star. Meanwhile, a four-star Admiral just called bitcoin a "peer-to-peer, zero-trust, transfer of value system" before Congress, Kevin Warsh is walking into an impossible Fed situation, and BlackRock, Coinbase, and Anchorage want to insert themselves into bitcoin protocol development. The big boys think they're here to fix bitcoin.

🧠 Chapters

00:00 — A Big Week for Onramp 03:04 — Why We Built Onramp Finance 07:00 — The Private Banking Experience, Centered on Bitcoin 10:33 — Meeting the Market Where It's At 16:53 — Genesis Program: 210 Spots, Use Code TLT 21:04 — Admiral Paparo: "Bitcoin Is a Reality" 27:09 — Gold, Multipolarity & Geopolitical Nukes 34:17 — Bitcoin: King of Safe-Haven Assets 39:20 — Reducing Variables in a Chaotic World 43:36 — Warsh, Powell & the Fed's Impossible Position 50:28 — ETF Flows & European Banks Losing Customers 54:56 — OP_Next: BlackRock, Coinbase, Anchorage Want In 1:02:44 — Last Takes & Disclaimers