JPMorgan Just Set Up Bitcoin's Real Bull Run

<p>Through Dec 31: $100/month (or $1,000/year) for your first year of Multi-Institution Custody, normally $2,400. Open a vault, set up a recurring buy, and use code TLT at onrampbitcoin.com. Discounted pricing covers vaults holding up to 25 BTC.</p><p><br></p><p>JPMorgan just put a number on Bitcoin for the first time: 10% a year for the next decade, the highest of any asset in its long-term outlook. Jackson, Michael and Brian explain why that number is too low and why Bitcoin&#39;s real bull run hasn&#39;t started yet, then cover Schwab&#39;s Bitcoin rollout and CoreWeave&#39;s bond slide.</p><p><br></p><p>JOIN US IN MINNEAPOLIS</p><p>Onramp After Hours: a happy hour with Cam Stromme at Pryes Brewing in Minneapolis on October 28. Save your spot:</p><p>📍 https://luma.com/7o9q1hta</p><p><br></p><p>BOOK A CONSULTATION</p><p>Holding Bitcoin for decades raises two questions: who protects it, and how it reaches your family. Onramp answers both. Three institutions protect it, and no single one can lose it, move it, or use it. Inheritance built in. Insured through Lloyd&#39;s of London. Speak with our team to see if it fits.</p><p>👉 https://go.onrampbitcoin.com/consult-tlt-pod</p><p><br></p><p>GET ON THE LIST</p><p>Our research, event invites, and the week&#39;s Bitcoin news in one free email.</p><p>📩 https://go.onrampbitcoin.com/research-tlt-pod</p><p><br></p><p>ABOUT THIS EPISODE</p><p>JPMorgan&#39;s 31st Long-Term Capital Market Assumptions gives Bitcoin about 10% a year over the next decade, ahead of US large caps at 7.5% and gold at 5.5%. Brian shows why that is conservative: Bitcoin has beaten 10% in every 10-year window of its history, and he argues its volatility skews up, not down. Schwab has finished rolling out Bitcoin trading to its clients, Germany&#39;s Sparkassen are opening Bitcoin to savers, and Switzerland approved its first spot Bitcoin ETF for retail. The hosts cover a USAA outage, the OCC&#39;s final GENIUS Act rule, France&#39;s 31% tax on crypto-to-stablecoin swaps and an IMF paper on financial repression. They close on CoreWeave bonds below 80 cents, $3.1 trillion of off-balance-sheet AI debt, and why paper gains need a harder money.</p><p><br></p><p>CHAPTERS</p><p>00:00 - Welcome and a new bull market</p><p>04:32 - JPMorgan&#39;s first Bitcoin forecast: 10% a year</p><p>06:16 - Every 10-year window beat 10%</p><p>10:15 - Why Wall Street changed its tune on Bitcoin</p><p>15:09 - Bitcoin&#39;s volatility is a feature, not a bug</p><p>18: