As a crypto community, we are certainly not surprised by news like this. We already believe that crypto is a currency that is more efficient, secure, not easily damaged than fiat. We just need to wait for the time for the fiat currency to end and crypto will replace it.
yes we all know that it will happen soon , the main question is what crypto it is ? Are they going to maje new crypot currency or they will use the old crypto that available in the market already. 
Topic: Deutsche Bank said Crypto will Replace Fiat Currencies by 2030! Really Possible? - page 3. (Read 528 times)
December 11, 2019, 07:04:33 AM
December 11, 2019, 06:59:43 AM
By 2030, the demand for alternative currencies will rise, with digital currencies eventually replacing cash, according to recent research from Deutsche Bank. 
What do you think as a Crypto Expert? What are the challenges? What things should be adopted to replace fiat?
Research: https://www.dbresearch.com/PROD/RPS_EN-PROD/PROD0000000000503196/Imagine_2030.PDF
News Source: https://cointelegraph.com/news/deutsche-bank-research-crypto-to-replace-fiat-currencies-by-2030
Yep, cryptocurrency will likely take over, but don't be too excited. The cryptocurrency they are talking about is not going to be a decentralized cryptocurrency like the ones you know right now, nah, they are going to be just like digital currencies. Unlike Bitcoin and other decentralized coins, they are going to be centralized and will be regulated by the law, so there is really no difference, it's still the same. The only changes they are going to bring is that they are going to make our transactions faster and cheaper, I guess. There is possibly going to be other changes that will come with it, till then let's wait and see. What do you think as a Crypto Expert? What are the challenges? What things should be adopted to replace fiat?
Research: https://www.dbresearch.com/PROD/RPS_EN-PROD/PROD0000000000503196/Imagine_2030.PDF
News Source: https://cointelegraph.com/news/deutsche-bank-research-crypto-to-replace-fiat-currencies-by-2030
December 10, 2019, 07:39:44 PM
By 2030, the demand for alternative currencies will rise, with digital currencies eventually replacing cash, according to recent research from Deutsche Bank.
What do you think as a Crypto Expert? What are the challenges? What things should be adopted to replace fiat?
Research: https://www.dbresearch.com/PROD/RPS_EN-PROD/PROD0000000000503196/Imagine_2030.PDF
News Source: https://cointelegraph.com/news/deutsche-bank-research-crypto-to-replace-fiat-currencies-by-2030
What do you think as a Crypto Expert? What are the challenges? What things should be adopted to replace fiat?
Research: https://www.dbresearch.com/PROD/RPS_EN-PROD/PROD0000000000503196/Imagine_2030.PDF
News Source: https://cointelegraph.com/news/deutsche-bank-research-crypto-to-replace-fiat-currencies-by-2030
I am not an expert but in my opinion cryptocurrency in question remains controlled by the central bank. Maybe there are some altcoins that can be used as payment at merchants but in my opinion not all altcoins because only a few altcoins are seen as acceptable to many people as a means of payment
December 10, 2019, 06:52:10 PM
By 2030, the demand for alternative currencies will rise, with digital currencies eventually replacing cash, according to recent research from Deutsche Bank.
What do you think as a Crypto Expert? What are the challenges? What things should be adopted to replace fiat?
I guess it will be at least after 2030. So it must be. Because we can all see how fast robotization and technology have developed in recent years and this will accelerate in time. And it will be impossible for current paper money to keep up with this technology. We need a faster and more technological payment system as a crypto.What do you think as a Crypto Expert? What are the challenges? What things should be adopted to replace fiat?
Indeed, if they do not oppose the crypto, it will be enough for adoption. There is no doubt, if they start to use it slowly in society, they will see how good it is than the old system.
Though it is a long way to go, but a lot of things will happen that will make it possible. But I still think, fiat currency will always be there in some areas. 10 years is not enough to convert a lot to crypto users. But that's a good perspective coming from them. It means, they are open to the benefits that crypto or blockchain tech is offering to the industry.
December 10, 2019, 06:48:50 PM
By 2030, the demand for alternative currencies will rise, with digital currencies eventually replacing cash, according to recent research from Deutsche Bank.
What do you think as a Crypto Expert? What are the challenges? What things should be adopted to replace fiat?
I guess it will be at least after 2030. So it must be. Because we can all see how fast robotization and technology have developed in recent years and this will accelerate in time. And it will be impossible for current paper money to keep up with this technology. We need a faster and more technological payment system as a crypto.What do you think as a Crypto Expert? What are the challenges? What things should be adopted to replace fiat?
Indeed, if they do not oppose the crypto, it will be enough for adoption. There is no doubt, if they start to use it slowly in society, they will see how good it is than the old system.
December 10, 2019, 06:48:14 PM
As a crypto community, we are certainly not surprised by news like this. We already believe that crypto is a currency that is more efficient, secure, not easily damaged than fiat. We just need to wait for the time for the fiat currency to end and crypto will replace it.
December 10, 2019, 06:43:02 PM
By 2030, the demand for alternative currencies will rise, with digital currencies eventually replacing cash, according to recent research from Deutsche Bank.
What do you think as a Crypto Expert? What are the challenges? What things should be adopted to replace fiat?
Research: https://www.dbresearch.com/PROD/RPS_EN-PROD/PROD0000000000503196/Imagine_2030.PDF
News Source: https://cointelegraph.com/news/deutsche-bank-research-crypto-to-replace-fiat-currencies-by-2030
What do you think as a Crypto Expert? What are the challenges? What things should be adopted to replace fiat?
Research: https://www.dbresearch.com/PROD/RPS_EN-PROD/PROD0000000000503196/Imagine_2030.PDF
News Source: https://cointelegraph.com/news/deutsche-bank-research-crypto-to-replace-fiat-currencies-by-2030
The big question is are all the people on this planet are educated enough about Cryptocurrency or every country on this planet are then high in technology that they can able to transact Bitcoin anywhere they are at the time they want to transact, if we are ready by then, then it's possible.
December 10, 2019, 02:36:38 PM
I don't see anything like this happening before a century.
Something close to E-corp in Mr.Robot seems doable, a company creating their own bitcoin to become the most used official and approved crypto currency.
Something close to E-corp in Mr.Robot seems doable, a company creating their own bitcoin to become the most used official and approved crypto currency.
December 10, 2019, 02:29:26 PM
Look what happend the first 10 years since BTC's inception. Another 10 years isn't a bad estimation really.
Decentralized exchanges will be the next big thing, allowing people to trade with each other with 0 trust issues against any centralized entity.
The ONLY truly Decentralized Exchange we've got right now is the Blocknet DEX. Anyone trying to convince themselves that there are any other REAL DEX's out there is simply fooling themselves, and NO Bisq, Waves, Binance, IDEX etc. isn't decentralized as they ALL lack from centralized points of failures one way or another (prove me wrong).
Over the next coming years, nodes hosting DEX's like the Blocknet DEX will make a boat load of money doing so, competition is on the way, there's no question about that.
The banks will lose this battle, the people will win.
Decentralized exchanges will be the next big thing, allowing people to trade with each other with 0 trust issues against any centralized entity.
The ONLY truly Decentralized Exchange we've got right now is the Blocknet DEX. Anyone trying to convince themselves that there are any other REAL DEX's out there is simply fooling themselves, and NO Bisq, Waves, Binance, IDEX etc. isn't decentralized as they ALL lack from centralized points of failures one way or another (prove me wrong).
Over the next coming years, nodes hosting DEX's like the Blocknet DEX will make a boat load of money doing so, competition is on the way, there's no question about that.
The banks will lose this battle, the people will win.
December 10, 2019, 01:12:11 PM
One ting I know is that Fiat currencies are under threat and central banks know this. A lot happens between 2010 and now, so this coming decades is going to disrupt some Government positions. Another thing we need to understand is that millennial are getting into position of power and will help in shaping the coming future generation
December 10, 2019, 12:07:07 PM
By 2030, the demand for alternative currencies will rise, with digital currencies eventually replacing cash, according to recent research from Deutsche Bank.
What do you think as a Crypto Expert? What are the challenges? What things should be adopted to replace fiat?
Research: https://www.dbresearch.com/PROD/RPS_EN-PROD/PROD0000000000503196/Imagine_2030.PDF
News Source: https://cointelegraph.com/news/deutsche-bank-research-crypto-to-replace-fiat-currencies-by-2030
What do you think as a Crypto Expert? What are the challenges? What things should be adopted to replace fiat?
Research: https://www.dbresearch.com/PROD/RPS_EN-PROD/PROD0000000000503196/Imagine_2030.PDF
News Source: https://cointelegraph.com/news/deutsche-bank-research-crypto-to-replace-fiat-currencies-by-2030
It will not totally replace the traditional banking and fiat system because if it will happen the whole economy will change and the world are not yet ready for this specially those small businesses and small people. The challenge is the acceptance of the process among people of nations.
December 10, 2019, 11:55:42 AM
Im as a cryptoenthusiast, believe with this research. everything could change to better one
and crypto is one of the thing which can replace FIAT.
In the other hand, we already knewn crypto for more than 10 years
crypto is so amazing, it is really from zero to hero. from small capitalization to big capitalization
and crypto is one of the thing which can replace FIAT.
In the other hand, we already knewn crypto for more than 10 years
crypto is so amazing, it is really from zero to hero. from small capitalization to big capitalization
December 10, 2019, 11:26:53 AM
Crypto solves different problems in financial world. It is an efficient and effective ways of distributing values. There are surely a resistance as the world could not just change their new habit. And there is a huge business related to fiat regulation which are resisting the crypto adoption.
December 10, 2019, 11:10:45 AM
For me, such statements look like pure manipulation. We don’t know how the global economy will develop in 2-5 years, but someone gives forecasts as early as 2030.
Perhaps this year there will be no monetary systems or money at all. In addition, cryptocurrency has a volatility problem that is almost impossible to solve.
Do not believe in fairy tales.
Perhaps this year there will be no monetary systems or money at all. In addition, cryptocurrency has a volatility problem that is almost impossible to solve.
Do not believe in fairy tales.
December 10, 2019, 11:07:16 AM
To replace FIAT would mean to do away with government backed, central bank issued forms of money. The notions in the paper are only potential scenarios that could play out, mere ideas. Not even viable concepts that have been examined scientifically for their basis.
This is page two of the paper linked in the OP as research:
This is page two of the paper linked in the OP as research:
December 10, 2019, 11:02:26 AM
By 2030, the demand for alternative currencies will rise, with digital currencies eventually replacing cash, according to recent research from Deutsche Bank.
What do you think as a Crypto Expert? What are the challenges? What things should be adopted to replace fiat?
Research: https://www.dbresearch.com/PROD/RPS_EN-PROD/PROD0000000000503196/Imagine_2030.PDF
News Source: https://cointelegraph.com/news/deutsche-bank-research-crypto-to-replace-fiat-currencies-by-2030
its not really impossible to happen because in 10 years there a lot of things that could happenWhat do you think as a Crypto Expert? What are the challenges? What things should be adopted to replace fiat?
Research: https://www.dbresearch.com/PROD/RPS_EN-PROD/PROD0000000000503196/Imagine_2030.PDF
News Source: https://cointelegraph.com/news/deutsche-bank-research-crypto-to-replace-fiat-currencies-by-2030
as of now bitcoin adoption still grow day by day and I also think that the demand of crypto will grow more in the future
December 10, 2019, 09:53:33 AM
It took decades for the internet dotcom to be adopted world wide and now we can say its a necessity for anyone to have access to internet. 2030 is a fair year to say adoption of crypto is typically had reached the remote areas of the remote regions. by 2030 we can already say the fair man who worked in a manufacturing company will have to spend more just to own 0.01BTC.
Germany is now developing the government back digital currency because they are seeing the adoption is closer than what they think. A year or two from now, there will be a big changes to central banks.
December 10, 2019, 09:36:31 AM
I've read these thread several times, crypto currency will replace fiat in the future blah blah ..
But how can crypto replace fiat?
First of all government acceptance and adoption, it can be.
Second is people's awareness, but not all will agree to use crypto and removed fiat in circulation.
Third, Everyone needs to know how to use a smart phone, have their own internet, have their own pc. That I think its hard to accomplish.
But how can crypto replace fiat?
First of all government acceptance and adoption, it can be.
Second is people's awareness, but not all will agree to use crypto and removed fiat in circulation.
Third, Everyone needs to know how to use a smart phone, have their own internet, have their own pc. That I think its hard to accomplish.
December 10, 2019, 09:28:13 AM
Cash will not be used again in the future and that may become a sense statement but about the crypto will fully replace fiat and that makes me feel doubt because till this time it's not clear whether crypto can be adopted by the countries.
In the article has already stated if those banks are currently developing the digital currency. it's very similar as a payment that used USD balance to a transaction.
I'm not even seeing crypto already mentioned in the last part of the article.
if we will see crypto will be accepted in a few years later and that prediction may possible. But if we will not see that and I thought we should not expect crypto to replace fiat in the future.
In the article has already stated if those banks are currently developing the digital currency. it's very similar as a payment that used USD balance to a transaction.
I'm not even seeing crypto already mentioned in the last part of the article.
if we will see crypto will be accepted in a few years later and that prediction may possible. But if we will not see that and I thought we should not expect crypto to replace fiat in the future.
December 10, 2019, 09:10:01 AM
On the one hand, the transition completely to digital currency is progress but on the other hand, it is a huge springboard for government manipulation because it is obvious that the further we digitize, the more restrictions are placed on personal life. This is not in all cases but mostly.
Jump to: