Mitch Kochman joins The Last Trade to explore what entering a new Bitcoin paradigm actually means for investors, builders, and the broader financial system. The conversation covers MicroStrategy's explosive MSTR trade and what it reveals about leverage and Bitcoin's reflexive price dynamics, Drake and celebrity exposure to Bitcoin as a signal of broader cultural adoption, and how the ETF era is reshaping retail and institutional access to Bitcoin. Mitch brings a perspective honed from his time at BitGo and his new role at OnRamp, framing Bitcoin as the foundational unit of account that rewires how serious capital thinks about growth and value creation. The episode also tackles the absurdity of proposed mining taxes and why Bitcoin is winning the sound money argument on a global stage.