Deutsche Bank's bold prediction: Gold and Bitcoin are expected to coexist as Central Bank reserve assets before 2030.

Deutsche Bank has released a bold forecast report indicating that Bitcoin (BTC) may enter the balance sheets of Central Banks alongside gold before 2030. The bank believes that with changes in the global macroeconomic environment, and the increasing institutional adoption and price resilience of BTC, Bitcoin is following a similar store of value path as gold. The report specifically highlights that the strategic Bitcoin reserve plan being promoted by the United States could become a key catalyst for Central Banks to formally accept BTC.

###1. The "digital gold" attribute of Bitcoin is increasingly enhanced

Deutsche Bank's research report concludes that, by evaluating key criteria such as volatility, liquidity, strategic value, and trust, there is ample room for gold and Bitcoin to coexist on Central Bank balance sheets before 2030. The report notes that while demand for gold remains strong and prices have reached historic highs this month, Bitcoin has also shown "significant resilience." The report mentions that the BTC price has recently approached its all-time high of $124,000 set in August and has entered a mature consolidation phase.

The report also pointed out that the price trend of Bitcoin highlights its increasing institutional adoption and emerging status as a potential macro hedge tool. Deutsche Bank further cited examples of companies like Strategy, Tesla, and Metaplanet using BTC as a reserve asset.

###2. National Reserve Plans Promote the Legalization of Bitcoin

Deutsche Bank believes that while gold has long been the standard alternative for reserve assets, the Trump administration's decision to establish a U.S. strategic BTC reserve plan has reignited the debate over Central Banks holding cryptocurrencies as reserve assets. Reports indicate that efforts to promote the Bitcoin Act have been underway since last summer.

Deutsche Bank also emphasized that high inflation, geopolitical instability, and the demand for "de-dollarization," along with pro-cryptocurrency regulatory policies, are prompting governments to reassess their reserve composition. Therefore, the bank believes that a national-level Bitcoin reserve plan could be the final step for central banks in various countries to adopt BTC. This would not only convey confidence in the future of cryptocurrencies to the international market but also lay the foundation for future international financial standards, similar to today’s U.S. gold reserves.

###3. Bitcoin and Gold Will Coexist Long-Term

(Source: Deutsche Bank)

Deutsche Bank predicts that in the medium term, Bitcoin and gold will continue to coexist. Gold will maintain its leading position in official reserves, while BTC will continue to expand in private and alternative reserves. The bank reiterates that both assets are effective complements to traditional safe-haven assets, as they have low correlation with other asset classes, are relatively scarce in supply, and can hedge against inflation and geopolitical risks.

The report also points out that BTC still lacks the trust and transparency required as a store of value. However, with the continuous improvement of the regulatory environment, this situation is expected to change.

###Conclusion

Deutsche Bank's report not only expresses optimism about the future potential of Bitcoin but also reveals a profound shift in the perception of traditional financial institutions regarding Bitcoin as a reserve asset. While BTC still faces challenges in terms of transparency and trust, its value as a hard currency and hedging tool is gradually gaining mainstream recognition. As the report states, if the United States can take the lead in establishing a strategic Bitcoin reserve, it would undoubtedly set a powerful example for other countries around the world. However, to truly realize this grand vision, BTC must continue to prove its stability and security under extreme market conditions. Whether Central Banks will ultimately embrace Bitcoin depends on whether this asset can consistently demonstrate its reliability as 'digital gold' in the ever-changing global financial landscape.