Bank of America, one of the world’s largest financial institutions, admitted in an annual report that cryptocurrencies are a threat to its business model.
Featured image from Shutterstock.
Bank of America has quietly applied for dozens of cryptocurrency-related patents over the years. However, the bank has thus far declined to develop these technologies into functional products and has publicly expressed that widespread cryptocurrency usage is “unlikely” to happen.
Now, though, it seems as though Bank of America and other financial institutions are realizing that they can no longer pretend cryptocurrencies are not a threat...Click here to know the details story
AUTHOR
Josiah Wilmoth
Please visit my blog: @nixon73
Hi, i'am haris from Indonesia,
nice posting bro,
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thanks Dear !
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Congratulations @nixon73! You have completed some achievement on Steemit and have been rewarded with new badge(s) :
Click on any badge to view your own Board of Honor on SteemitBoard.
To support your work, I also upvoted your post!
For more information about SteemitBoard, click here
If you no longer want to receive notifications, reply to this comment with the word
STOPDownvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thanks !
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit