Asset management behemoth Fidelity recently published a report highlighting the superiority of Bitcoin over all other digital assets.
Fidelity’s recently published its latest report titled “Bitcoin First Revisited: Why investors need to consider bitcoin separately from other digital assets.”
Fidelity is a multinational financial services corporation with $4.2 trillion assets under management. The recent report highlights how bitcoin is a completely separate cryptocurrency from all other digital assets.
Bitcoin is a monetary good
The paper lays out Fidelity’s view that no other digital asset is likely to usurp bitcoin given its high level of security, decentralisation, and its role as sound digital money.
One of the main threads of the report is that Bitcoin is a “monetary good”, and that it fulfils the characteristics of “good money” in that it is durable, divisible, fungible, portable, verifiable, and scarce. The only characteristic that Bitcoin cannot yet fulfil is th
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