In an increasingly technological and interactive world, the rise of digital currencies seems almost inevitable. Thus, banks are warning about the possibility of digital currencies, for example, replacing the dollar within five years.
The warning was issued to the banks themselves, who knew about the opportunity and prepared.
According to a recent survey of financial sector executives, thanks to external consultations Deloitte, digital assets (for example, cryptocurrencies) is likely to replace fiat coins - according to the Observer, the currency issued by states when it is not convertible to precious metal - within five to ten years.
Deloitte's 2021 global blockchain survey says banks must embrace their inevitable digital future. Amid the seismic shift, financial leaders increasingly see the future in digital assets. "
I referred to the report.
In addition, 76% of respondents also stated that "digital assets will serve as a strong alternative or ultimate replacement for fiat currencies in the next 5-10 years." This figure indicates that the growth of the digital currency could be very close and that those who do not accept it could be harmed.
Participation in the digital asset age is not an option, it is inevitable. […] Leaders can only decide how to leverage digital assets and the new global financial services infrastructure for maximum benefit.
Completed the report.
After all, with a trend that is expected to grow, money is increasingly being stored in digital media, so organizations and investors are looking for new ways to adapt.
