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Deutsche Bank Strategist Predicts Breakout Decade For Cryptocurrency
Summary: Deutsche Bank strategist Jim Reid believes that cryptocurrency might be on the verge of a breakout decade. Reid wrote in the Deutsche Bank’s “Imagine 2030” report that with the increasing worries about the sustainability of fiat currencies amidst higher inflation could drive consumers toward digital assets. Reid also stated that, “The forces that have held ...
Deutsche Bank strategist Jim Reid believes that cryptocurrency might be on the verge of a breakout decade.
Reid wrote in the Deutsche Bank’s “Imagine 2030” report that with the increasing worries about the sustainability of fiat currencies amidst higher inflation could drive consumers toward digital assets. Reid also stated that, “The forces that have held the current fiat system together now look fragile and they could unravel in the 2020s,” which would mean a huge boost towards both cryptocurrency and gold.
By Roland James
Tags: Cryptocurrency,Deutsche Bank,fiat system,inflation
Link: Deutsche Bank Strategist Predicts Breakout Decade For Cryptocurrency [Copy]
