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Fidelity compares Bitcoin to Dr. Jekyl and Mr Hyde

Gorian Timmer, Director of Global Macro in Fidelity, I mentioned This bitcoin behaves like Dr. Jikil and Mr. Hyde, the central figures in the famous Gothic horror novel written by Scottish novelist Robert Luis Stephenson.

Timmer used a very creative metaphor by Timmer to transfer his point of view on the double nature of Bitcoin. The encrypted currency can work simultaneously as a value store (Dr. JEKYL) and the origin of risk on (MR. Hyde). At the same time, gold is “difficult money and nothing else,” according to Timer.

“Therefore, although we always know what gold will show the party, with Bitcoin, we were not quite sure whether Dr. Jekyll or MR. Hyde was,” Timer said.

In the famous novel, Dr. Henry Giki, a respected London from Oner, managed to create a dose capable of transferring him to Mr. Edward Hyde, an immoral person with dark desires. The character must reconcile these two contradictory identity.

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Stevenson’s novel became a great success in the Victorian England when it was released, as it became an immediate Gothic classic. Its popularity was then amplified by adapting a 1931 movie with Frederick Mars, which is a classic Proto horror with its impressive special effects that were before their time.

Timmer believes that Bitcoin, which can perform both the value of value and speculative assets, should be part of the investors’ portfolios.

“It is a good reason like anything he possesses when it comes to value stores,” Timer said.

Meanwhile, jpmorgan He says This bitcoin has failed to perform as a safe origin.

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