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Next 2-3 Years to be a Turning Point for Bitcoin, BTC to follow Tesla’s Footsteps – Deutsche Bank Analyst

George Georgiev

According to Deutsche Bank analyst and Harvard economist Marion Laboure, the next two to three years should be a turning point for Bitcoin.

She elaborated by comparing Bitcoin’s current trajectory to Tesla’s. According to the economist, both Tesla and Bitcoin have followed a similar trajectory over the past year. In reference to Tesla, she said that market sentiment towards Tesla shifted significantly in the last 18 months “as Tesla delivered early results.” In a written report shared with Forbes, Laboure explained her views:

“Tesla is five years older than Bitcoin and has always sparked robust debates between people who see it as a soon-to-die fad and those who see it as the future of the car.”

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For example, an insurance company could use smart contracts to automate the release of claim money based on events such as large-scale floods