Within five years, Bitcoin (BTC) and gold began forecasting BTC (if followed precious metals), especially when they maintained a close correlation identifying both assets as secure value reserves, Deutsche Bank, Germany’s largest bank.
According to the Deutsche Bank Institute, the bank’s analysis and research arm, in the short term, gold will maintain its position in the official central bank reserves, while Bitcoin will grow in private and alternative reserves.
From the entity, BTC highlights that since the inception of its contribution to the market and in terms of yields in the dollar, as seen in the following graph.
The agency emphasizes that in a context where large economies begin to be at a disadvantage, it will add to the acceleration of regulation and development of digital assets in key markets, and strengthen expectations for Bitcoin to be adopted more widely. Banks will be making a project that by 2030, digital currency will become part of the official balances of some central banks.with money.
In a report entitled “Bitcoin vs. Gold: The Future of Central Bank Reserves in 2030,” the report produced by bank analysts Marion Roboure and Camilla Siazone has five reasons to support this paper.
First, the entity believes that Bitcoin and gold are considered complementary assetsFor diversification, They compensate for limited offers and roles in the face of low correlations to other classes of assets and inflation and geopolitical tensions.
Second, they believe that Bitcoin volatility should decrease over time and that central banks should adopt it.
The third point highlighted by researchers is that Neither Bitcoin nor gold will replace fíat money as a main reserve asset or payment instrumentbecause governments around the world are seeking ways to maintain financial sovereignty over the advancement of the BTC.
The fourth argument for analysts is that Gold was also questioned in its history in episodes of speculation and volatility, and was subsequently integrated into a reserve of value.
Finally, this study shows that financial markets exhibit constants. Searching for alternatives to traditional assets. In this regard, Bitcoin could evolve from speculative investment into an established component of the global financial systemthey say from the Deutsche Bank Institute.
It’s not the first time that a great future has been raised for BTC and money. Cryptonotics reports a study in which both are recognized as “hard assets” starring in an era where both digital currencies and precious metals have a clear catalyst to drive market contributions.
