Cryptocurrency could replace fiat money: Deutsche Bank analysts

Cryptocurrency could replace fiat money: Deutsche Bank analysts

In its report for the decade ahead, titled ‘Imagine 2030’, Deutsche Bank sees a huge possibility for cryptocurrencies becoming the preferred payment method, expecting to even replace fiat money. This is amongst one of the many things ingrained in our world that 2020s may bid farewell to, according to Jim Reid, Global Head of Fundamental Credit, Strategy and Thematic Research, Deutsche Bank.