Topic: @Deloitte: "The fiat currency will be gone in 5 to 10 years". - page 4. (Read 388 times)
September 06, 2021, 07:02:47 PM
A time period like 5 years or 10 years is really short to witness fiat currencies just being gone. Someday, this will definitely happen. I haven't any doubt about it. FED is continuing to print money like it is nothing. But their action is very important in fact. As they print an amount of money which is more than needed, US dollar continues to lose its value against many other fiat currencies. If governments follow policies like this, fiat currencies can really be gone before the time even most people expected.
September 06, 2021, 06:28:09 PM
Deloitte has released its annual Blockchain report
https://www2.deloitte.com/content/dam/insights/articles/US144337_Blockchain-survey/DI_Blockchain-survey.pdf
These are the first words of the paper...
For those who do not know this company Deloitte is one of the Big Four accounting organizations and the largest professional services network in the world by revenue and number of professionals
Notice they don't mention "Bitcoin" per se. Instead, they use "digital asset" since they considered CBDC as well, or "crypto-assets" .
Cybersecurity and regulations are the main barriers to mass adoption but they will be very important for decentralized finance.
But overall, the path to digital finance is soon complete.
Forget the cheques, it's good for grandpa.
(just joking, I still use it myself)
We will all be living with digital money and digital wallets. 5 or 10 years, it's like tomorrow.
The paper is based on a survey of 1,280 executives with an understanding of crypto, digital assets, and blockchain. 320 were from the financial sector, including 70 digital asset pioneers. So not the teenagers at school.
Almost 80% of all respondents said that digital assets will be "very/fairly important" in the near future.
https://www2.deloitte.com/content/dam/insights/articles/US144337_Blockchain-survey/DI_Blockchain-survey.pdf
Quote
Digital assets are disrupting the entire financial market
These are the first words of the paper...
For those who do not know this company Deloitte is one of the Big Four accounting organizations and the largest professional services network in the world by revenue and number of professionals
Notice they don't mention "Bitcoin" per se. Instead, they use "digital asset" since they considered CBDC as well, or "crypto-assets" .
Cybersecurity and regulations are the main barriers to mass adoption but they will be very important for decentralized finance.
But overall, the path to digital finance is soon complete.
Forget the cheques, it's good for grandpa.
(just joking, I still use it myself)We will all be living with digital money and digital wallets. 5 or 10 years, it's like tomorrow.
The paper is based on a survey of 1,280 executives with an understanding of crypto, digital assets, and blockchain. 320 were from the financial sector, including 70 digital asset pioneers. So not the teenagers at school.
Almost 80% of all respondents said that digital assets will be "very/fairly important" in the near future.
Jump to: