What does it mean that ICBC gave a thumbs up to Bitcoin? !

They issued a report praising the benefits of digital currency, and Bitcoin and Ethereum were even compared to digital gold and digital gasoline.

The report describes in detail the different development paths of digital currency. Bitcoin relies on a mathematical consensus mechanism and is as rare as gold. Although its monetary attributes have weakened, its status as an asset is solid. Ethereum, on the other hand, provides the technical power of a digital future and plays a key role in the fields of DeFi and NFT. Despite the security risks, developers are working hard to solve these problems, such as the upgrade of Ethereum 2.0. Stablecoins and central bank digital currencies play an important role in our financial system. Stablecoins serve as a bridge between the digital currency market and the real world, providing stability and the possibility of seamless transactions. The central bank's digital legal currency is expected to make the payment system more efficient, reduce transaction costs, and make monetary policy more effective. At the same time, it can also simplify cross-border transactions and allow more people to enjoy financial services.

ICBC's thumbs up for digital currency has undoubtedly injected new vitality into the entire industry. What do you think of the development of digital currency? Come to the comment section to discuss!