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Bitcoin not a ‘threat’ to the US dollar: Goldman Sachs CEO

Bitcoin not a ‘threat’ to the US dollar: Goldman Sachs CEO

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Source: Coin Telegraph

Goldman Sachs CEO David Solomon called the original cryptocurrency an “interesting speculative asset.”

Goldman Sachs CEO David Solomon doesn’t view Bitcoin as a danger to the US dollar and sees its fundamentals as valuable for banks. 

“I do not think Bitcoin is a threat to the US dollar,” Solomon said in a Jan. 22 interview with CNBC during the World Economic Forum in Davos, Switzerland.

Solomon said that he is a “big believer” in the US dollar and called Bitcoin (BTC) an “interesting speculative asset.”

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Author: Ciaran Lyons