November 07, 2023

Fidelity Just Said Bitcoin is Exponential Gold! | SIMPLY ORIGINALS

6 minutes

Get bullish as head of macro at Fidelity Investments Jurrien Timmer drops a bombshell on the Bitcoin and gold debate. Timmer also projects a possible $700,000 Bitcoin this cycle! Basically there is no second best. See what has Timmer and Blackrock CEO Larry Fink bullish on Bitcoin as they sound more like Microstrategy's Michael Saylor every day. Is the Bitcoin Etf on the way? Vaneck and Vanguard say this month? You don't want to miss this one!!

There is no second best!!

#bitcoin #fidelityinvestments #bitcoinetf #blackrock #jurrientimmer#btc #simplybitcoin #bitcoinnews #larryfink #michaelsaylor

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Sources and Media

► "In my view, bitcoin is a commodity currency that aspires to be a store of value and a hedge against monetary debasement. I think of it as exponential gold": https://x.com/SimplyBitcoinTV/status/1720177270579470582?s=20

►Bitcoin is volatile but its scarcity and adoption curve create the potential for it to be a high-powered hedge against monetary shenanigans. I think of it as “exponential gold.” https://twitter.com/TimmerFidelity/status/1720152886863179937

► Jurrien Timmer of Fidelity hints at a bullish Bitcoin future if history rhymes. Following 2011 and 2013 trends could catapult BTC to $700K. A more modest outlook mirroring 2017 suggests a rise to $200K-$300K. https://x.com/SimplyBitcoinTV/status/1720024540011491343?s=20

►Jurrien Timmer, Director of Global Macro at Fidelity recently created a risk-reward chart for investment assets. The report stated that Bitcoin’s risk-reward “is in a different universe.” https://x.com/Rho_xyz/status/1720508937705750925?s=20

► Bitcoin is a flight to quality. -Larry Fink of BlackRock: https://x.com/natbsunell/status/1719475020148121987?s=20

► Bitcoin ETFs will change the entire way we invest [...] The entire bond market has been transformed [...]" https://x.com/CollinBrownXRP/status/1717821126611550389?s=20

► Fink transformation: https://x.com/PakoCryptoBox/status/1718212797689888827?s=20

► Bitcoin is the new gold because of its convexity, network effects, and increased scarcity. It's becoming the leader in terms of hedging against monetary inflation. Jurrien Timmer, Fidelity: https://x.com/Blockworks_/status/1423252562724204547?s=20

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