12 Dec Top Deutsche Bank Officials Predict Cryptocurrency Becoming Mainstream by 2030
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Deutsche Bank, the global financial and investment bank giant, has released its Imagine 2030 report where top bank officials attempt to predict the “decade ahead” as the timeline for the mass adoption of cryptocurrencies such as Dash.
The report admits that cryptocurrencies “have not managed to take off as a means of payment despite their well-known benefits, such as security, speed, minimal transaction fees, ease of storage and relevance in the digital era”. However, the report then discusses how this can be changed as cryptocurrencies overcome regulatory hurdles as governments, banks, card providers, and cryptocurrency advocates realize their common goals of eliminating cash:
“Until now, cryptocurrencies have been additions, rather than substitutes, to the global inventory of money. Over the next decade, this may change. Overcoming regulatory hurdles will broaden their appeal and raise the potential to eventually replace cash.”
The Deutsche Bank report also…
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