Key Takeaways
- Fidelity's Jurrien Timmer says Bitcoin could match gold within 10–20 years.
- Michael Saylor predicts Bitcoin's market cap could reach $500 trillion.
- Fidelity and BlackRock invested $89M into Bitcoin ETFs on March 27.
Fidelity’s global macro director Jurrien Timmer says Bitcoin may one day surpass gold in value — but not anytime soon.
Sharing a growth model comparing Bitcoin and gold, Timmer suggested convergence could take 10 to 20 years if Bitcoin continues on a path resembling the internet’s S-curve or a power law adoption model.
Timmer’s insights on hard money
Timmer wrote:
If Bitcoin grows at the rate suggested by these two models, then hard money is likely winning the race. Gold will always be Bitcoin’s quieter older sibling.
Saylor’s bold predictions
His projection contrasts with the bolder outlook of MicroStrategy founder Michael Saylor, who believes Bitcoin could reach a $500 trillion market cap.
Speaking at the DC Blockchain Summit on March 28, Saylor argued that Bitcoin is absorbing value from gold, real estate, and sovereign wealth, calling it the replacement for “20th-century assets.”
Institutional confidence in Bitcoin
Despite Bitcoin’s recent dip below $84,000 — a 33% drop against gold since December — institutional confidence remains strong.
On March 27, Fidelity and BlackRock poured $89 million into Bitcoin ETFs, with $97.1 million flowing into Fidelity’s Wise Origin Bitcoin Fund (FBTC).
The future of Bitcoin & gold
While gold has continued to hit record highs during market uncertainty, Bitcoin’s growing institutional backing is keeping it firmly in the conversation — even as experts remain divided on its future trajectory.
