Jurrien Timmer, director of Fidelity Global Macro, recently discussed the reliability of Bitcoin and gold as a means of storing value. He believes that although Bitcoin and gold are theoretically the most inflation-resistant assets, this environment has not yet been fully realized after the Federal Reserve took a hawkish stance. He pointed out that Bitcoin is hailed as "digital gold" because it has all the monetary properties of gold and is also a new Internet technology. However, for Bitcoin to maintain its position with gold, the total amount of fiat currency must continue to grow, and the growth rate must be much higher than the normal trend. Currently, the price of Bitcoin has soared to $69,523, and the price of gold has also risen by 0.91% in the past 24 hours, trading at $2,336. In addition, the correlation between the price of Bitcoin and the 10-year US Treasury yield has fallen to the lowest level in the past 14 years, which may indicate that Bitcoin is more loosely connected to the traditional financial system and may be the beginning of its evolution into a unique asset class.