Economist James Thorne believes the next move in Bitcoin will be historic. “The next run in Bitcoin is going to be one for the ages,” says Thorne, Chief Market Strategist at Wellington-Altus Private Wealth, a Canada-based private wealth management firm, in a video interview published by Bitcoin Magazine on October 15, 2026.

Thorne joins Grace Remington and Sean Hagan to lay out his case that Bitcoin is entering a generational supercycle. In commodities markets, the term “supercycle” refers to prolonged, multiyear stretches of above-trend price strength — the backdrop Thorne draws on as he explains why a changing market structure makes this cycle different, and why he argues that the four-year cycle is done. That pattern is the one often tied to Bitcoin’s halving events, which cut new supply roughly every four years.

His Bitcoin call lands inside a broader macro: the same interview covers hot core CPI driven by shelter, whether the Fed is making a policy mistake by hiking, hedge funds acting as the new bond vigilantes, and AI’s potential to deliver a Greenspan moment. Readers new to these debates can treat the later chapters as a walkthrough of the structural case for Bitcoin now being made in traditional wealth-management circles — from settlement and collateral to tokenization and the comparison with gold.

The full discussion is organized into the following chapters:

• 0:00 – James Thorne on hot core CPI: why shelter, not energy, drove it
• 1:30 – Is the Fed making a policy mistake by hiking?
• 5:35 – Why hedge funds are acting like the new bond vigilantes
• 6:42 – Can AI deliver a Greenspan moment? Warsh’s Jackson Hole miss
• 10:22 – Why Bitcoin is entering a generational supercycle
• 14:11 – The four-year cycle is done, and who buys Bitcoin next
• 18:45 – Why Bitcoin solves the settlement problem
• 21:15 – Strategy, pristine collateral and harvesting Bitcoin volatility
• 24:59 – Tokenization and the end of delayed innovation
• 27:04 – Bitcoin vs. gold: will Bitcoin’s market cap surpass gold?

DISCLAIMER: The views and opinions expressed in this show are those of the participants and do not necessarily reflect the official policy or position of BTC Inc., Bitcoin Magazine, or any affiliated entities. This content is provided for informational and educational purposes only and should not be construed as investment, legal, tax, or accounting advice. Nothing contained in this show constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any securities or financial instruments. Viewers should consult their own advisors before making financial or business decisions.

This article first appeared on Bitcoin Magazine and is written by Patrick Green.