U.S. Bank: Bitcoin is a "disruptive innovation" of the last thousand years, on par with the printing press!

Bank of America called bitcoin a millennial disruptive innovation and plans to promote crypto payments and stablecoins once regulation is clear. (Synopsis: Where is the possible apex of Bitcoin's current cycle? The multi-valuation model is calculated to show you) (Background supplement: James Wynn: Bitcoin's market share will reach a new high, at least to 12~140,000 US dollars before welcoming the cottage season) Wall Street's attitude towards crypto assets is rapidly shifting. As reported on June 17 Bitcoin.com, the global research arm of Bank of America ranked bitcoin among the most disruptive technological innovations of the past thousand years, alongside printing and the Internet. Bank of America: Bitcoin and Printing, Internet The long-term trend chart released by the bank states that bitcoin is in the steepest segment of the technology acceleration curve and is labeled as "systemic innovation". According to the report, Bitcoin has challenged fiat monopoly through a decentralized network and has spawned a digital asset market of more than $2 trillion. Bank of America does not offer spot trading at this time. CEO Brian Moynihan told the Davos Forum in January: "Once the rules are clear, we will quickly integrate crypto payments into users' daily banking business." He also revealed that the team is evaluating a dollar-pegged stablecoin plan, and the progress depends on whether Congress passes the GENIUS Act. The bill requires stablecoins to be 100% backed by highly liquid assets and authorizes the Federal Reserve to oversee them. According to public Senate documents, the GENIUS Act has been rescheduled to the agenda of this session, and both parties have expressed support and will vote as soon as this quarter. Traditional finance's attitude towards cryptocurrencies is heating up in tandem. Deutsche Bank and Citi recently filed similar stablecoin patents; According to the S&P index, the number of institutions holding Bitcoin has increased by 42% over the past year. Related reports The annual salary is not 1.5 million! Taichung man applied for a loan to Xinqing'an "persuaded by public stock banks": You are too poor not only federal! Banks consider "blocking exchange deposits and withdrawals", how to play Taiwan crypto? Bank of America CEO: is developing its own stablecoin, Tether CEO secretly choked: it's time to win or lose Bank of America: Bitcoin is a thousand years of "disruptive innovation", the same level of printing! This article was first published in BlockTempo's "Dynamic Trend - The Most Influential Blockchain News Media".