Bitcoin, the world’s largest cryptocurrency, could join gold and the U.S. dollar on central banks’ balance sheets by 2030, according to strategists at Deutsche Bank. Central banks hold reserve assets—think U.S. debt, gold, and currencies—to manage exchange rates, pay off external debt, and have a cushion for emergency use. The returns aren’t important. What banks want is assets that are highly liquid and that hold their value when the financial system comes under strain. So far, Bitcoin, which is backed by nothing, has been too volatile and illiquid to qualify. But Deutsche Bank’s Marion Laboure and Camilla Siazon ... (full story)