Opinion: Financial institutions are beginning to recognize the importance of Bitcoin in the field of blockchain technology

On June 24th, Simon Dixon, founder and CEO of BnkToTheFuture, an encryption investment platform, recently described the current flow of capital to crypto assets as the largest wealth transfer event in centuries. In the past few years, many of the world's largest banks and investment funds have focused more on blockchain technology than Bitcoin. As social networking giant Facebook launched Libra, the company explicitly called it cryptocurrency rather than block-based. Chain system products. There has also been a major shift in perceptions of bitcoin and the broader digital asset landscape, beginning to recognize the importance of distributed billing techniques like bitcoin in blockchain technology.