The new report of Deutsche Bank examines the likelihood of various disasters in the next 10 years that will outperform the Covid-19 pandemic. According to Bitcoinist, one of the scenarios supposes the bitcoin collapse.

Deutsche Bank published a forecast predicting that, over the next 10 years, the world will face at least one of four possible global disasters that would be worse than the COVID-19 pandemic with a 1 to 3 probability. Such catastrophes, according to analysts, will be the world pandemic of influenza, resulting in 2 million deaths, the strongest volcanic eruption, a powerful outbreak on the sun or world war.

Analysts say that if the forecast horizon is extended to 20 years, then the probability of one of these disasters is 56%.

The highest probability (12%) is assigned to a solar flare, which will entail interruptions in power transmission and disruption of energy supply to key objects of social, transport and financial infrastructure.

“There could be major power outages as electrical power grids are disrupted, which in turn would have knock-on effects throughout the economy as critical infrastructure is unable to be run properly. Lives could be lost if it impacted hospitals and medical care. Communications would be disrupted, many payment systems would be dysfunctional, and GPS [Global Positioning System] satellites would face extensive interference, to the detriment of all the individuals and industries that rely on accurate location services, not least aircraft,” the report reads.

If the forecast horizon is extended to 40 years, the probability of such a powerful flare on the sun will reach 40%.

One of the oldest crypto media Bitcoinist suggested that if the outbreak leads to interruptions in the operation of payment systems and power supply, then the infrastructure supporting the operation of the bitcoin network could also be affected.