The Last Trade E063: Soft Sovereign Default with Peruvian Bull

The Last Trade: a weekly, bitcoin native, interactive podcast covering where Bitcoin and traditional finance meet on a macro scale. Hosted by Jackson Mikalic, 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 Peruvian Bull 7:27 - A message from Onramp 8:11 - Global liquidity, M2 growth, & inflation 14:10 - Japan’s demographics & financialization 19:31 - Implications of rising Debt-to-GDP 25:55 - The soft sovereign default playbook 34:28 - Onramp Multi-Institution Custody 35:55 - Fiscal dominance & the death of the 60/40 45:20 - Wyoming recap & misalignment of incentives 58:30 - Key indicators to watch: global liquidity & USDJPY 1:04:32 - Outro We recently released a comprehensive report -- "The Evolution of Bitcoin Custody" -- detailing the origins of financial asset custody, bitcoin’s unique custodial properties, the various tradeoffs associated with existing forms of bitcoin custody, and the ongoing maturation of solutions in the marketplace. Download the full report here. We will hosting a webinar on September 10th at 4:15PM EST to discuss this report in detail, delving into the intricate world of bitcoin custody, highlighting its origins, technological advancements, and the disruptive potential of multi-institution custody. Register to attend here. Schedule time with the link below if you would ever like to learn more about Onramp and please sign up for weekly Research and Analysis to get access to the best content in the ecosystem weekly: https://onrampbitcoin.com/contact-us/ https://onrampbitcoin.com/category/onramp-media/