Deutsche Bank Gives Crypto Enthusiasts Some Hope to Hang On
- Crypto shows potential in next decade, contrarian report says
- A resurgence in inflation seen pushing people from fiat money
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After a rough start to life, crytocurrencies may be on the cusp of a breakout decade if Deutsche Bank AG’s contrarian call comes true.
Rising doubts about the sustainability of government-backed currencies amid higher inflation could drive more people to digital assets, Deutsche Bank strategist Jim Reid wrote in the firm’s “Imagine 2030” report on 24 alternative ideas for the next 10 years.