Fidelity director of global macro Jurrien Timmer outlined a bullish case for Bitcoin (CRYPTO: BTC), aligning it with historical boom-bust cycles and positioning it as a modern-day counterpart to traditional stores of value like gold.
What Happened: Timmer revisited his late 2020 thesis, reaffirming his view of Bitcoin as a "commodity currency" that aims to be both a store of value and a defensive play against monetary debasement.
In an era where real interest rates are negative and money supply expansion seems unchecked, Bitcoin's potential to outshine becomes even more pronounced.
This narrative builds anticipation for the upcoming Benzinga's Future of Digital Assets conference on Nov. 14, ...