Financial News Bitcoin's volatility makes it 'impractical as a store of wealth or payments mechanism' Bitcoin’s exceptional volatility makes it “impractical as a store of wealth or payments mechanism,” the bank's analysts said Getty Images By Wednesday March 17, 2021 2:11 pm Analysts at Bank of America have attacked bitcoin as “exceptionally volatile” and “impractical” in a 17 March research note. In the note, the analysts said there was “no good reason to own bitcoin unless you see prices going up”. The analysts said the supply of the cryptocurrency was by design artificially constrained so demand swings are...