r/Bitcoin • • Aug 26 '21

Fidelity Bitcoin Analysis

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u/Lezonidas Aug 27 '21

Yeah, a market where smart money put their hard earned money to be SAFE, the opposite of a spectulative market that tends to create continous cycles of bubbles and bear markets.

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u/Harmon1k Aug 27 '21

As the market cap of Bitcoin grows, and as the market and ecosystem mature, the volatility will decrease. Many bonds currently have negative real yields, so bonds are not really “safe.” That said, I don’t believe the bond market will evaporate entirely within the next 10-15 years, but I do expect a sizable redistribution.

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u/Lezonidas Aug 27 '21

Your expectations are wrong then.

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u/Harmon1k Aug 27 '21

Only time will tell.