Michael Tanguma

The best defense against bitcoin extortion is custody architecture, which removes the incentive to attack. This is why Bezos, Zuckerberg, or pick your favorite public UHNWI aren't targets of abductions or physical attacks for access to their 60/40 portfolio. @OnrampBitcoin…

Fault tolerant setups are important

The pod gives the highest signal in the industry imho. Been a follower for 9 months.

Bitcoin empowers individuals to hold wealth directly—but that creates real-world security risks. Onramp CEO @MTanguma discusses why material holdings require fault-tolerant custody models that minimize reliance on any single person or entity. [@stephanlivera]

Thanks @manwithpurpose_ - this might have been my favorite TLT episode yet. @EricBalchunas was gracious with his time and open to the dialogue around why Coinbase holding an increasing amount of BTC might not be the best thing for Bitcoin. It's why @OnrampBitcoin was founded.…

Regulatory ambiguity around “Qualified Custodians” misses the broader point. Bitcoin enables protocol-native custody models that are fundamentally more secure by design. @zackbshapiro of @btcpolicyorg breaks down why this is relevant for policymakers on The Last Trade 👇

Great rip 🔥 youtu.be/41Qi1RKVuZ4?fe… @EricBalchunas connecting the dots on custody in real time! Well done @MTanguma and team! You should bring him back on or have the Blackrock and Coinbase guys on!

Gold, real estate, and fine art hedge against debasement—but access is costly, illiquid, and exclusive. Bitcoin is a democratized hard asset: finite, permissionless, digital, and global. @EricBalchunas of @Bloomberg explains on The Last Trade.

Multi-institution custody redefines control. Clients own the vault and initiate all movement. Independent keyholders act only at the client’s direction. No single keyholder has unilateral control. One failure doesn’t break the system. That’s fault tolerance. That’s Onramp.

We know liquidity drives Bitcoin. But it’s not just about dollars, it’s about access. ETFs opened the floodgates. Trillions can now flow into BTC. Most successful ETF launch ever. And we’re just getting started. @real_vijay on The Last Trade

Bitcoin has no central issuer. It can't be debased. It's borderless. @intangiblecoins explains why it's the perfect strategic reserve asset—credibly neutral, finite, and built for global portability.

Onramp’s multi-institution custody model mitigates risk by design—distributing control across 3 independent entities and relieving clients of key-management responsibilities. This enabled Lloyd’s of London to underwrite a $100M insurance facility for our clients.

The real "Last Trade"—printing dollars to buy BTC—isn’t an option for states. That constraint makes the case for state-level Strategic Bitcoin Reserves even stronger and more urgent. @zackbshapiro of @btcpolicyorg breaks it down 👇

New episode of The Last Trade, out now! @EricBalchunas, Senior ETF Analyst for @Bloomberg, joins to discuss… ➤ IBIT, the fastest-growing ETF…ever ➤ Why Larry Fink became bitcoin’s biggest ally ➤ How ETFs bring legitimacy & access ➤ Bitcoin's uniquely sound nature & more!

Decentralized, secure, finite. @EricBalchunas, Senior ETF Analyst for @Bloomberg, describes his journey to understanding bitcoin's unique nature as digital sound money. This week on The Last Trade 👇

Bitcoin ETFs? Probably nothing. • $150B+ AUM • IBIT hit $80B in 341 days—fastest ever • Top 20 U.S. ETF, youngest by 12+ years • BlackRock’s most profitable ETF • 1,000+ institutions hold IBIT Thanks for coming on, @EricBalchunas! BTW favorite cheesesteak spot?