Bank of America Compares Bitcoin to History’s Most Disruptive Inventions

Bitcoin belongs in the same league as the printing press and the Model T, according to a new research note from Bank of America.

Analysts at the nation’s second-largest lender argue the cryptocurrency’s long-term impact could rival history’s most disruptive technologies—while, in a 21st-century context, they place it alongside social media, the iPhone and artificial intelligence.

That view is noteworthy given the banking sector’s often-fraught relationship with digital assets. Yet Bank of America has flashed optimism before: a 2013 client memo already described Bitcoin’s “significant growth potential.”

More recently, CEO Brian Moynihan drew a sharp line between stablecoins and the broader crypto market, predicting banks would wade into blockchain “from a transactional side.”

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Indeed, a Wall Street Journal report in March said Bank of America was exploring a consortium-backed stablecoin to fend off competition from crypto-native issuers. The bank also disclosed a modest stake in spot-Bitcoin ETFs earlier this year and holds hundreds of blockchain-related patents.

Taken together, the latest research note—and the bank’s quiet, ongoing experiments—suggest that Wall Street’s biggest players may be preparing to integrate Bitcoin and blockchain more deeply into traditional finance, even as public rhetoric remains cautious.

Alexander Stefanov

With over 8 years of experience in the cryptocurrency and blockchain industry, Alexander is a seasoned content creator and market analyst dedicated to making digital assets more accessible and understandable. He specializes in breaking down complex crypto trends, analyzing market movements, and producing insightful content aimed at educating both newcomers and seasoned investors. Alexander has built a reputation for delivering timely and accurate analysis, while keeping a close eye on regulatory developments, emerging technologies, and macroeconomic trends that shape the future of digital finance. His work is rooted in a passion for innovation and a firm belief that widespread education is key to accelerating global crypto adoption.