Fidelity's Director of Global Macro Sees Bitcoin as 'Exponential Gold' on Store of Value Team‘Bitcoin Is Exponential Gold. ’Fidelity Investments’ Director of Global Macro, Jurrien Timmer, shared his perspective on bitcoin in several posts on social media platform X on Thursday. Timmer specializes in global macro strategy and active asset allocation within Fidelity’s Global Asset Allocation Division. He wrote:In my view, bitcoin is exponential gold and an aspiring player on the store of value team.“My work suggests that the price of bitcoin is driven primarily by the growth in its network, which is in turn driven by bitcoin’s unique scarcity feature, as well as the monetary and fiscal policy cycle, and of course sentiment,” he explained.

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 Fidelity's Director of Global Macro, Jurrien Timmer, Bitcoin is referred to as "exponential gold" and is seen as an emerging player on the "store of value" team. Timmer believes that Bitcoin's price is primarily driven by the growth in its network, which is influenced by its unique scarcity feature, as well as monetary and fiscal factors