Bitcoin Is “Exponential Gold”, Fidelity Director Of Global Macro | ZeroHedge
Authored by Jake Simmons via Bitcoinist.com,
In a recent statement via X (formerly known as Twitter), Jurrien Timmer, the Director of Global Macro at Fidelity, expounded on Bitcoin’s latest market movements and reiterated his view of the digital asset as “exponential gold.”
What This Means For Bitcoin
In his analysis, Timmer compared BTC to gold, noting gold’s limitations in modern economics.
He explained that gold is money, but is “too deflationary and (more…)