“ICBC said that Bitcoin has managed to retain a scarcity similar to gold through its mathematical consensus mechanism. The flagship crypto has resolved issues related to divisibility, authenticity verification, and portability.
The report added that despite Bitcoin’s waning monetary attributes, its status as an asset is solidifying.”
World’s largest bank ICBC praises the evolution of Bitcoin, Ethereum as innovative financial assets
ICBC compared Bitcoin to gold and said Ethereum has established itself as “digital oil” capable of powering myriad applications across the web3 ecosystem.
https://cryptoslate.com/worlds-largest-bank-icbc-praises-the-evolution-of-bitcoin-ethereum-as-innovative-financial-assets/