“Particularly for bitcoin, the world’s largest cryptocurrency, the bank said it is “too volatile” to be a “reliable” store of value. It referenced bitcoin’s sharp price fluctuations during 2017-2018.”
Deutsche Bank · Bitcoin since: +787%
As published by The Block
Deutsche Bank Says Bitcoin Is Too Volatile To Be A Reliable Store Of Value ↗
A little perspective.
Bitcoin on that day$8,902January 27, 2020
$100 at that price$887.34At our latest price check
Illustrative value using a Bitcoin price of $78,987, checked Oct 29, 2026, 9:15 PM UTC. Excludes fees, taxes, and inflation. A price change alone does not settle the original criticism.
Keep the receipt.
Bitcoin Is Dead. “Deutsche Bank Says Bitcoin Is Too Volatile To Be A Reliable Store Of Value” — Deutsche Bank, The Block, January 27, 2020. Bitcoin: $8,901.51. https://bitcoindeaths.com/posts/2020-01-27-deutsche-bank-says-bitcoin-is-too-volatile-to-be-a-reliable-store-of-value