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Wednesday

25 November 2020

Deutsche Bank: Investors Increasingly Choose Bitcoin Over Gold to Hedge Dollar Risk, Inflation | News Bitcoin News

Deutsche Bank: Investors Increasingly Choose Bitcoin Over Gold to Hedge Dollar Risk, Inflation | News Bitcoin News


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Deutsche Bank: Investors Increasingly Choose Bitcoin Over Gold to Hedge Dollar Risk, Inflation.

Deutsche Bank’s strategist Jim Reid reportedly wrote that investors are increasingly demanding to use bitcoin instead of gold to hedge dollar risk and inflation.

It’s up over 70% over the last six weeks as more and more investors are starting to see it emerge as a credible asset to invest in.” Reid recently wrote in Deutsche Bank’s November Konzept report that “In the long term, central bank digital currencies will replace cash.”.

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