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Bitcoin to Outshine Gold? Fidelity Calls BTC’s Rise ‘Possible’

  • An executive of Fidelity Investments suggests that Bitcoin could overtake gold, but it may take decades.
  • The director of global macro at Fidelity Investments, Jurrien Timmer, believes that for Bitcoin to surpass gold, it would have to follow either the power law curve or the S-curve trajectory of internet adoption.
  • If Bitcoin grows at the rate indicated by these models and gold maintains its historical compound annual growth rate (CAGR) of 8%, the race between the two assets will be determined by how fast hard money can grow.
  • Previous opinions on the Bitcoin vs gold discussion include the prediction that Bitcoin could reach the market capitalization of gold in 2025, depending on various factors such as its establishment as a strategic reserve in the US.

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