{"id":56946,"date":"2022-02-01T14:23:15","date_gmt":"2022-02-01T12:23:15","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=56946"},"modified":"2025-09-04T09:05:10","modified_gmt":"2025-09-04T06:05:10","slug":"fidelity-calls-bitcoin-the-perfect-form-of-money","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/fidelity-calls-bitcoin-the-perfect-form-of-money\/","title":{"rendered":"Fidelity calls Bitcoin the &#8216;perfect form of money&#8217;."},"content":{"rendered":"<p>Bitcoin is regarded as a monetary good, and in the foreseeable future no altcoin will be able to challenge this status. Analysts at Fidelity Digital Assets concluded as much.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Our latest piece argues that bitcoin\u2019s first technological breakthrough wasn&#8217;t as a superior payment technology but as a superior form of money. As a monetary good, bitcoin should be considered separately from other digital assets. <\/p>\n<p>Read Bitcoin First:<a href=\"https:\/\/t.co\/FNFghIXkrI\">https:\/\/t.co\/FNFghIXkrI<\/a> <a href=\"https:\/\/t.co\/AXaACgUlzM\">pic.twitter.com\/AXaACgUlzM<\/a><\/p>\n<p>\u2014 Fidelity Digital Assets (@DigitalAssets) <a href=\"https:\/\/twitter.com\/DigitalAssets\/status\/1488273815180349440?ref_src=twsrc%5Etfw\">January 31, 2022<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>In the paper &#8220;Bitcoin First&#8221;, the experts described the first cryptocurrency not only as a technology but also as a perfect form of money. This is the safest, decentralised form of assets, and any &#8216;improvement&#8217; will inevitably face trade-offs, they explained.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>&#8220;Bitcoin possesses the scarcity and durability of gold with the simplicity of use, storage and transport of fiat&#8221;<\/em>, the document states.<\/p>\n<\/blockquote>\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"526\" height=\"628\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/1-615.png\" alt=\"Fidelity calls Bitcoin the 'perfect form of money'\" class=\"wp-image-163631\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/1-615.png 526w, https:\/\/u1f987.com\/wp-content\/uploads\/1-615-251x300.png 251w\" sizes=\"auto, (max-width: 526px) 100vw, 526px\" \/><figcaption>Source: Fidelity Digital Assets.<br \/><\/figcaption><\/figure>\n<\/div>\n<p>According to the analysts, the first cryptocurrency possesses all the qualities of a reliable form of money owing to the absence of an issuing entity, and of dividend payments and cash flows.<\/p>\n<p>Fidelity regards BTC as a gateway to the digital assets market. The firm believes investors can use two separate mechanisms: one focused on bitcoin as a monetary good (an asset class), and the second on altcoins from a venture capital investment perspective.<\/p>\n<p>Earlier in January, analysts at the organization <a href=\"https:\/\/u1f987.com\/en\/news\/fidelity-forecasts-governments-will-buy-bitcoin\">forecasted<\/a> a government purchase of bitcoin.<\/p>\n<p>Earlier, Fidelity Investments&#8217; Jurrien Timmer did not rule out that after a retreat to $35,000, digital gold could <a href=\"https:\/\/u1f987.com\/en\/news\/fidelity-signals-bitcoins-return-to-fair-value\">form a bottom<\/a>.<\/p>\n<p>Subscribe to ForkLog news on <a href=\"https:\/\/twitter.com\/ForkLog\" target=\"_blank\" rel=\"nofollow noopener\">Twitter<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin is viewed as a monetary good, and in the foreseeable future no altcoin will be able to challenge this status. Analysts at Fidelity Digital Assets reached this conclusion.<\/p>\n","protected":false},"author":1,"featured_media":56947,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[18,1248,1138],"class_list":["post-56946","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin","tag-fidelity-investments","tag-opinions"],"aioseo_notices":[],"amp_enabled":true,"views":"13","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/56946","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=56946"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/56946\/revisions"}],"predecessor-version":[{"id":56948,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/56946\/revisions\/56948"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/56947"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=56946"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=56946"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=56946"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}