tl;dr
Fidelity Investments director of global macro, Jurrien Timmer, suggests that Bitcoin could potentially surpass gold in market value in the next 10 to 20 years, based on growth projections. Despite Bitcoin's recent price decline, major institutions like Fidelity and BlackRock continue to show confide...
Fidelity Investments director of global macro, Jurrien Timmer, believes that Bitcoin (BTC) has a “possible” path to surpassing gold in market value — but “not any time soon.” In a detailed social media post, Timmer explained his view using a chart comparing the projected growth of gold and Bitcoin over time. He noted that if gold continues to grow at its historical compound annual growth rate (CAGR) of 8% — a trend seen since 1970 — and Bitcoin follows either a power law adoption curve or the internet’s S-curve growth model, the two could converge within the next 10 to 20 years.
Meanwhile, gold continues to reach new all-time highs, reinforcing its long-standing role as a safe haven. Despite Bitcoin’s price decline, major institutions continue to show confidence in the asset. On March 27, Fidelity and BlackRock drove a combined $89 million into Bitcoin ETFs, led by Fidelity’s Wise Origin Bitcoin Fund (FBTC), which saw $97.1 million in inflows.
Strategy founder Michael Saylor recently presented a far more aggressive forecast. Speaking at the DC Blockchain Summit on March 28, Saylor predicted Bitcoin’s market cap could soar to $500 trillion as it absorbs value from traditional assets like gold, real estate, and even sovereign wealth. As more institutional money flows in and long-term models project exponential adoption, the conversation is no longer whether Bitcoin belongs in the same conversation as gold — but when and under what conditions it might catch up.