# @benzinga on Instagram

- **Type:** Image
- **Original URL:** https://www.instagram.com/p/C59DrSVrD_D
- **Gondola URL:** https://gondola.cc/posts/17856150-benzinga-instagram
- **Thumbnail:** https://img.gondola.cc/tr:w-,h-,fo-auto/postThumbnails/legacy-do/680343f5bbef298212399044c747232d742f85a1825153107029a9c873ab90ad.jpg
- **Posted:** 2024-04-19T19:00:44.000+00:00
- **Account Owner:** Benzinga | News That Moves (@benzinga) — https://gondola.cc/benzinga

## Caption

One of the more compelling predictions for the future price of Bitcoin comes from Fidelity Investments. Jurrien Timmer, Fidelity’s global head of macro, has claimed that Bitcoin could go as high as $1 billion by 2038. 

The prediction is mostly based on Metcalfe’s law, which states that a networked financial asset’s value is equal to the square of the number of users in the network. The law, which places a numerical emphasis on network effects, has mostly been applied to technologies such as the internet and social media. However, Timmer believes that the law is also applicable to Bitcoin. 
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#bitcoin

## Stats

- **Views:** 0
- **Likes:** 6,678
- **Shares:** 0
- **Comments:** 168

## Credits

These are the roles credited on Gondola. Credits may be incomplete.
A brand, account owner, or featured person is not necessarily the creator.

| Name | Username | Profile | Role |
| --- | --- | --- | --- |
| Benzinga | News That Moves | @benzinga | https://gondola.cc/benzinga | Brand |
| Jacob Shipley | @okcmayor | https://gondola.cc/okcmayor | Director of Social Media |

## Tags

bitcoin

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