Part 4/10:

Highlighting this point, Chris emphasized that the core messages about Bitcoin remain consistent, regardless of the audience. Fidelity's researchers adapt their presentations based on clients' levels of understanding, ensuring that information resonates and fosters deeper conversations about Bitcoin as an asset class.

Bitcoin as a Macro Asset

Fidelity positions Bitcoin as a unique macro asset, one that reacts not to corporate news, but to macroeconomic factors like liquidity and inflation. Chris pointed out the significant correlations Bitcoin has to the global money supply and inflation expectations, driving home the point that many institutional investors are starting to view Bitcoin as a hedge against economic instability.