Post
Topic
Board Bitcoin Discussion
Re: In the next decade, BTC and digital currencies will “fully” replace fiat?
by
agentx44
on 06/12/2019, 13:23:55 UTC
In a new report predicting the decade of the 2020-2030s by Deutsche Bank Research, the bank says that the adoption of digital currencies is inevitable. Governments need to catch up or the backlash against fiat currencies will be too great to handle.

Deutsche Bank Research is posting its predictions for the next decade, which cryptocurrencies are expected to be a cornerstone of the economy in the world ahead of us. In a shocking admission, Deutsche Bank Research tells its readers that governments have to adapt to this inevitable reality or risk falling behind entirely.


Source link here

Okay, so this is another prediction stuff. So many individuals, companies and institutions are predicting on what is going to happen with Bitcoin and other cryptocurrencies.

Earlier, Bloomberg predicts that Bitcoin will reach $10k soon. Now, Deutsche Bank claims that within the next decade, it will be the real era of digital currencies.

It means that fiat would “finally reach its end”. As for me, I think next decade would not be enough just yet for digital currencies to fully dominate, as most banks and people from around the world still prefer fiat more than Bitcoin, etc.

Yes, all of us are free to predict about Bitcoin and other cryptocurrencies. But for me, they’re just predictions. This world is unpredictable, as what I have said over and over again in my previous posts. 
We don't need to be exaggerated about cryptocurrencies regulation all over the world. Instead of hoping that it would fully replace fiat in the future, we should look forward on having cryptocurrency and fiat being in harmony so that things would work it well. We can say that cryptocurrency indeed is the future but fiat has been used for a long time ever since which means it would take up a long time before crypto finally adjust in the world standard. Let us support both always so that we can gain more convenience from it.