Why Bitcoin Will Outperform Every Asset for the Next Decade
April 23, 2026
This episode of The Last Trade covers why Bitcoin is outperforming every major asset class over long time horizons, the launch of Onramp Finance as a unified Bitcoin-native money platform, Admiral Samuel Paparo's Bitcoin testimony before Congress, Kevin Warsh's Fed nomination into a difficult monetary environment, and BlackRock, Coinbase, and Anchorage's role in Bitcoin protocol development. The conversation frames Bitcoin as the real safe-haven asset of the modern portfolio.
The Last Trade: a weekly, bitcoin-native podcast covering the intersection of bitcoin, tech, & finance on a macro scale. Hosted by Jackson Mikalic, Michael Tanguma, & Brian Cubellis. Join us as we dive into what bitcoin means for how individuals & institutions save, invest, & propagate their purchasing power through time. It's not just another asset… in the digital age, it's The Last Trade that investors will ever need to make.
🎙️ About This Episode
Onramp Finance is live — a unified money platform combining bitcoin, dollars earning up to 5%, a spending card, and MIC as the long-term custody layer. The crew breaks down why this stands in stark contrast to Polymarket launching 24/7 perpetual futures the same day, and why meeting the market where it's at has been the north star. Meanwhile, a four-star Admiral just called bitcoin a "peer-to-peer, zero-trust, transfer of value system" before Congress, Kevin Warsh is walking into an impossible Fed situation, and BlackRock, Coinbase, and Anchorage want to insert themselves into bitcoin protocol development. The big boys think they're here to fix bitcoin.
🧠 Chapters
00:00 — A Big Week for Onramp 03:04 — Why We Built Onramp Finance 07:00 — The Private Banking Experience, Centered on Bitcoin 10:33 — Meeting the Market Where It's At 16:53 — Genesis Program: 210 Spots, Use Code TLT 21:04 — Admiral Paparo: "Bitcoin Is a Reality" 27:09 — Gold, Multipolarity & Geopolitical Nukes 34:17 — Bitcoin: King of Safe-Haven Assets 39:20 — Reducing Variables in a Chaotic World 43:36 — Warsh, Powell & the Fed's Impossible Position 50:28 — ETF Flows & European Banks Losing Customers 54:56 — OP_Next: BlackRock, Coinbase, Anchorage Want In 1:02:44 — Last Takes & Disclaimers
Frequently Asked Questions
Why does The Last Trade argue Bitcoin will outperform every asset for the next decade?
The hosts argue Bitcoin is the only investable asset where the list of variables that can impair the position has been systematically reduced, with a fixed 21 million supply, no management team, no central bank, no jurisdiction, and no counterparty. Every other asset requires the holder to underwrite dozens of exogenous variables that are becoming less predictable as fiscal dominance and monetary debasement compound, creating a structural asymmetry in Bitcoin's favor over long time horizons.
What is Onramp Finance and why was it a focus of the episode?
Onramp Finance is a unified money platform combining dollar accounts earning up to 5 percent, Bitcoin brokerage, a spending card with cash back, Bitcoin IRAs, direct gold access, and Multi-Institution Custody as the long-term holding layer. The hosts frame it as meeting the market where it is, with dollars as the access layer and Bitcoin as the foundation, in contrast to platforms that treat Bitcoin as an additional product line.
What did Admiral Samuel Paparo say about Bitcoin before Congress?
On April 21, 2026, Admiral Samuel Paparo, Commander of US Indo-Pacific Command, described Bitcoin as "a reality" and a computer science breakthrough before the Senate Armed Services Committee, and confirmed the following day that his command is running a live Bitcoin node. The hosts frame this as a signal that the institutional review of Bitcoin at the level of the state has reached conclusions that the allocator community is still debating.
This episode is editorial and educational content. Onramp does not provide tax, legal, or investment advice. Bitcoin is volatile and may lose value. Past performance does not guarantee future results.