The Last Trade E056: Dollar Uncertainty & the Remedy of Bitcoin with Mark Connors
The Last Trade 6/28/24
The Last Trade: a weekly, bitcoin native, interactive podcast covering where Bitcoin and traditional finance meet on a macro scale. Hosted by Marty Bent, Jesse Myers (Croesus), Michael Tanguma, and a special weekly guest host.
Join us as we dive into what Bitcoin means for how individuals & institutions save, invest, and 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.
0:00 – Welcoming back Mark Connors
3:06 – A message from Onramp
3:36 – The aimlessness of “crypto”
9:18 – MicroStrategy’s bitcoin strategy
22:00 – Ramifications of broken money
25:53 – AI, meme coins, hype cycles, & narratives
33:21 – Uncertainty surrounding Nvidia
41:58 – Onramp Multi-Institution Custody
42:47 – The debt problem & interest expense
48:50 – Inherent biases of institutional allocators
55:56 – Unique performance characteristics of BTC
1:04:50 – Impacts of late stage fiat & alpha decay
1:10:53 – Bitcoin as a viable remedy
1:14:50 – Political influence & embracing innovation
1:18:46 – Bitcoin provides optimism
1:23:11 – Outro
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