Deutsche Bank analyst: Bitcoin will be 'ultra-volatile,' but it’s here to stay
An analyst from global banking giant Deutsche Bank expects Bitcoin will enjoy a “first-mover advantage" over other cryptocurrencies for the foreseeable future. Marion Laboure, an analyst at Deutsche Bank’s research division, said she can envision Bitcoin taking the role of digital gold in the future: lasting for centuries and largely not controlled by the government.In an update to Deutsche Bank’s website on “what’s next” for the largest banking institution in Germany, Laboure said she could “potentially see Bitcoin to become the 21st century digital gold,” but warned investors against the....
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The Deutsche Bank analyst's comments are another sign of bitcoin's increasing acceptance in the mainstream of finance.
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