In a survey conducted by the German Association for Information Technology, Telecommunications and New Media or Bitkom -- a German trade association and think tank – 95% of those surveyed see digital currencies including Bitcoin will remain in the niche over the next decade.
Furthermore, 2% of the finance executives believe that the cryptocurrency will be an accepted mode of payment, in tandem with existing payment methods. The remaining 3% believe that bitcoin will be completely obsolete in ten years from now.
The results of the survey were revealed in a press release by Bitkom, whose banking and financial services head, Steffen von Blumröder, noted:
"It’s possible that Bitcoin as its own currency could remain in the niche but the idea of the blockchain behind [Bitcoin] could [find] its way into our everyday payment [system] and accelerate the digitization of the financial sector. [Roughly translated]"https://www.cryptocoinsnews.com/german-finance-suits-dont-see-a-big-future-for-bitcoin/
