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In this video, Mattie talks about Bank of America and how they are looking into the crypto and blockchain space. This is a daily segment!
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References:

Bank of America Is Trying To Patent A Crypto Storage System
https://altcoinbuzz.io/bank-of-america-is-trying-to-patent-a-crypto-storage-system/

Bank of America Patent
http://appft.uspto.gov/netacgi/nph-Parser?Sect1=PTO1&Sect2=HITOFF&d=PG01&p=1&u=%2Fnetahtml%2FPTO%2Fsrchnum.html&r=1&f=G&l=50&s1=%2220180240112%22.PGNR.&OS=DN/20180240112&RS=DN/20180240112

Bank of America Drawing up 20 More Cryptocurrency & Blockchain Patents
https://www.ccn.com/bank-of-america-20-more-cryptocurrency-blockchain-patents/

Bank of America Admits Cryptocurrencies Are a Threat to Its Business Model
https://www.ccn.com/bank-of-america-admits-cryptocurrencies-are-a-threat-to-its-business-model/

Here’s Why Bank of America Has Filed Nearly 50 Blockchain-Related Patents
http://fortune.com/2018/06/20/bank-of-america-blockchain-patent-why/

Big Blockchain: The 50 Largest Public Companies Exploring Blockchain
https://www.forbes.com/sites/michaeldelcastillo/2018/07/03/big-blockchain-the-50-largest-public-companies-exploring-blockchain/#14e3af5f2b5b

America’s 15 largest banks
https://www.bankrate.com/banking/americas-top-10-biggest-banks/#slide=1

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32 replies
  1. D DIVS
    D DIVS says:

    So BOA is filing for a patent to store digital assets for institutions to me this great news because more institutional money must and will be entering the crypto market and they know this already I dont think they will wasting time with this unless they knew for sure this big money is coming.Theres Coinbase Custody and Bakkt being launched in Nov they dont wanna be left out

    Reply
  2. Crypto Destructo
    Crypto Destructo says:

    As a proponent of evil investing, I am going to mention something that no one has addressed regarding Bank of America & the crypto storage patent…and it's very simple; Bitcoin was made to avoid the banks & cut the middleman out…this crypto storage platform is a way for the banks to control your cryptocurrency, just like your fiat currency. Banks are smart & EVIL, & I know evil. I know what they're up to; they want IN. If it's not fiat, its our digital assets.

    Reply
  3. brady nields
    brady nields says:

    1:50 Unfortunately it's going to take at least one Cyprus style bank holiday for crypto depositors to learn their lesson. When banks hold your money, it becomes their money until they willingly give it back.

    Reply

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