Bitcoin’s price fluctuations do not make it “reliable” in terms of value, according to new research from financial services giant Deutsche Bank.

In the first part of her report, the post On the “Future of Payments” released last week, Germany-based Deutsche Bank told cryptocurrencies You have passed the turning point required to become fashionable And it is still in the early adoption stage.

Commenting on bitcoin, he told Deutsche Bank it was “too volatile” to be a reliable store of value.

The bank noted the sharp fluctuations in bitcoin prices during 2017-2018.

Bitcoin payments also still represent a very small portion of global payments, according to Deutsche Bank, though it said such payments have already begun:

Read:Project Wanchain Unveils New Update… Details Here

Overall, the bank added in its report that cryptocurrencies have the potential to revolutionize payments:

Looking to the future, it may not be surprising if a new mainstream currency unexpectedly appears.

In the second part of the report, which was published, Deutsche Bank said the cash will be around for decades to come.

As for the third part of the same report, it deals with digital currencies and considers them a powerful tool, and it says:

Digital currency could become mainstream within the next couple of years.

Digital currencies are still in their infancy and have the potential to fundamentally change payments, central banking, and the balance of economic power.

Just last month, Deutsche Bank said crypto has the potential to replace cash in the next decade, as the current monetary system looks fragile.

Deutsche Bank Report: Cryptocurrencies Can Replace Cash

Read:It’s been 9 years since the bitcoin market cap reached $1 billion

He added at the time that crypto needed to become legal in the eyes of governments and regulators to become widespread.

Read also:

Cryptocurrency trading platforms are witnessing a significant drop in the volumes of liquidity for Bitcoin