Nick Delosier
OnRamp Chief Operating Officer and guest on the episode, responsible for product, engineering, and custody strategy and author of OnRamp's 'The Architecture of Trust' publication.
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Feb 13, 2026 • 1h 16min
Bitcoin Is Down 50% and No One Knows Why
Nick Delosier, OnRamp COO and author of The Architecture of Trust, explains custody engineering and product strategy. He discusses the mysterious 50% bitcoin drawdown and why it's hard to pin a single cause. Conversation covers stablecoins as a Trojan horse for adoption, quantum risk versus practical threats, and the nuts and bolts of multi‑institution custody and security improvements.
