Opportunities and risks: Bank of America: El Salvador does a lot of things right with Bitcoin as a means of payment
That Bank of America (BoA), of all people, spoke up and supported the actions of El Salvador initially caused astonishment, since the American big bank had been extremely critical of the cryptocurrency in March of this year. Bank of America sees no reason to own Bitcoin, apart from wanting to speculate with it, the banking giant is quoted on BTC-Echo. This opinion seems to have changed since the bank recently published a document via Twitter in which opportunities and positive perspectives are presented that could arise for El Salvador through the introduction of Bitcoin as a means of payment.
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