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Fidelity Predicts That Bitcoin will Reach $100 million In 2035

Mary Liu

Summary: According to the PDF screenshot post by Reddit user u/Boosazle, Fidelity released a bullish report on Bitcoin.  Its investment global macro director Jurrien Timmer predicts that Bitcoin will be reached $1 million per coin, and will reach U$100 million per coin in 2035.  The report also discusses the purchasing power of various assets excluding Bitcoin, ...

According to the PDF screenshot post by Reddit user u/Boosazle, Fidelity released a bullish report on Bitcoin. 

Its investment global macro director Jurrien Timmer predicts that Bitcoin will be reached $1 million per coin, and will reach U$100 million per coin in 2035. 

The report also discusses the purchasing power of various assets excluding Bitcoin, compared with the inflation index, stocks became the clear winner with $3.9 billion, followed by bonds with
$19.9 billion and cash at $326,000. The purchasing power of $1 is the least among fiat currencies, at only $0.02.

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