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Bank of America’s Strategist Says the Metaverse is a Massive Opportunity for Blockchain Technology
Summary: Bank of America’s strategist, Haim Israel, said that the metaverse is a massive opportunity for blockchain technology. In addition, he expects it to take cryptocurrency mainstream. He predicted that the metaverse is where “we’re going to start using cryptocurrencies as currencies,” emphasizing that it will be where people finally start using cryptocurrencies widely for transactions. ...
Bank of America’s strategist, Haim Israel, said that the metaverse is a massive opportunity for blockchain technology. In addition, he expects it to take cryptocurrency mainstream.
He predicted that the metaverse is where “we’re going to start using cryptocurrencies as currencies,” emphasizing that it will be where people finally start using cryptocurrencies widely for transactions.
However, the director of research believes that existing cryptocurrencies are likely to be too volatile for this purpose, expecting some types of stablecoins to come to dominate.
By Amy Liu
Tags: Bank of America,Blockchain,Crypto,Metaverse
Link: Bank of America’s Strategist Says the Metaverse is a Massive Opportunity for Blockchain Technology [Copy]
