Bitcoin at $1.6 million by 2036? Bitwise's Ryan Rasmussen on why Bitcoin could be the decade's best-performing asset: $2T deficits, central banks buying gold at a record pace, and institutions just getting started. "If you stack up our forecast against some of the other forecasts, we end up right in the middle range looking 10 years out." "Now you're seeing that JPMorgan is putting out capital market assumptions for Bitcoin. They think it's going to be the best performing asset over the next decade, outperforming stocks, bonds, alternative assets." "The long-term trends that move Bitcoin higher, in our view, aren't slowing down. They're accelerating. The US continues to spend at an incredible rate, $2 trillion deficits. Governments around the world are doing the same thing." "Central banks are purchasing gold at record pace. Institutional investors are beginning to allocate in earnest to Bitcoin. They're just at the beginning of that journey. They control hundreds of trillions of dollars."