Trump Bets Billions on Bitcoin: Why Treasury-Scale Custody Must Be Distributed

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Why MIC Is Winner Take All (Early Riders Research)

Presented collaboratively by Early Riders & Onramp Media…

Final Settlement is a weekly podcast covering the underlying mechanics of the bitcoin protocol, its ongoing development and funding, and real-world applications of the technology.

00:00 - Introduction and Current Events in Bitcoin

03:40 - Trump's Bitcoin Treasury Announcement

06:33 - Market Reactions and Implications

09:42 - The Role of Institutional Investors

12:43 - Risks and Challenges in Bitcoin Investments

15:53 - Government Debt and Economic Policies

18:47 - Chamath's Insights on Spending Bills

21:52 - The Future of Bitcoin and Hard Assets

24:26 - Security Risks in the Crypto Space

31:29 - Navigating Risks in Bitcoin Custody

33:49 - Barriers to Bitcoin Adoption

39:50 - The Debate on Proof of Reserves

45:44 - The Importance of Multi-Institution Custody

50:16 - The Future of Financial Services with Multi-Institution Custody

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Links discussed:

https://www.cnbc.com/2025/05/27/djt-trump-media-bitcoin.html

https://cointelegraph.com/news/american-tourist-drugged-fake-uber-driver-robbed-123k-btc

https://www.washingtonpost.com/nation/2025/05/25/bitcoin-torture-new-york-crypto/

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