JUST IN: 🇨🇳 The biggest bank in the world, $6.2T Industrial and Commercial Bank of China says:
"Bitcoin > Gold > USD"
ICBC has written 3 notes to investors about Bitcoin in 3 months.
Some Highlights:
- Bitcoin has unique cross-border transfer and payment functions.
- Bitcoin may benefit from the end of the USD rate cycle and the debt crisis in marginal countries.
- Bitcoin retains the scarcity similar to gold through mathematical consensus, while solving its problem of being difficult to divide, difficult to identify authenticity, and inconvenient to carry"
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