Bank of America / Merril Lynch has begun to cover Bitcoin, saying in a new research report that it could be useful in E-commerce and Money transfers, and has a clear potential for growth as a medium of exchange. Link to Research paper in comments.
PDF of research report from Bank of America Merril Lynch. "We believe that Bitcoin can be a major means of payment for e-commerce and may emerge as a serious competitor to traditional money transfer providers. As a medium of exchange, bitcoin has clear potential for growth, in our view."
[uncensored-r/Bitcoin] Bank of America admits in SEC Report that Bitcoin is a threat to the control of major banks
The following post by djkeithers is being replicated because some comments within the post(but not the post itself) have been silently removed. The original post can be found(in censored form) at this link: np.reddit.com/ Bitcoin/comments/7zoqyi The original post's content was as follows:
Bank of America CEO Brian Moynihan had harsh words for his clients that want to trade bitcoin Wednesday, saying they could buy it elsewhere, but "not at Merrill Lynch." On Wednesday, the ... Bank of America, the country’s second largest bank, is the latest player to give bitcoin the thumbs down, joining JP Morgan Chase and Citigroup in seeking to distance itself from cryptocurrency ... Report: Bank of America, JP Morgan Ban Credit Crypto Purchases Bank of America and JPMorgan Chase will reportedly no longer enable customers to purchase bitcoin with credit cards starting in ... Cryptocurrencies are a threat to the business model of Bank of America: In the recent annual report filed by Bank of America, cryptocurrencies are listed as a threat to the business model. The report was filed on February 22. It was filed on the SEC website. While the other risk involved economic, geopolitical risk but […] Bank of America U.S. economist Michelle Meyer wrote in a note to clients, published in March, “We are officially declaring that the economy has fallen into a recession … and it is a deep plunge.” The economist detailed, “Jobs will be lost, wealth will be destroyed and confidence depressed,” emphasizing that it is only going to get worse. Moreover, Bank of America expects the economy ...
Breaking: Bank of America is working with Ripple & Ripple XRP ODL Partner is a Game Changer
24/7 Live Bitcoin Algo Trading on Deribit Exchange (DeriBot) Bitcoin Trading Robots 183 watching Live now 2008 Chicago White Sox Pre Season Commercial "He Gone" - Duration: 0:32. Bank of America reshaping Bitcoins future! Here is HOW Bitcoin can replace gold! Mr_Kristof. Loading... Unsubscribe from Mr_Kristof? Cancel Unsubscribe. Working... Subscribe Subscribed Unsubscribe ... Bank of America Executive Touts Partnerships With #Ripple and Swift Narrated by The Cryptocurrency Portal on Wed. April 8th, 2020 We send out daily up-dates about Bitcoin & the Cryptocurrency space. Dec.21 -- Brian Moynihan, chief executive officer at Bank of America, speaks with Bloomberg's David Westin about the merits of bitcoin as a currency and the bank's focus on the growth of real-time ... Key Take Aways on Bank of America Pod Cast Key takeaways Businesses have a wide range of digital options to pay, and get paid, across regions, segments and demographics In addition to creating new ...