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Bank of America Says Blockchains Have Intrinsic Value, Citing Transaction Fees

The bank's report, however, noted that the fees on the Bitcoin and Ethereum chains have fallen this year.

Updated May 11, 2023, 6:55 p.m. Published Aug 3, 2022, 10:56 a.m.
Blockchain transaction fees are a sign that blockchains have intrinsic value, a Bank of America report said. (Károly Meyer/Pixabay)
Blockchain transaction fees are a sign that blockchains have intrinsic value, a Bank of America report said. (Károly Meyer/Pixabay)