Goldman Sachs CEO: "Bitcoin, an Interesting Speculative Asset... Can't Threaten the Dollar"
JOON HYOUNG LEE
Summary
- David Solomon, CEO of Goldman Sachs, stated that Bitcoin cannot threaten the US dollar.
- Solomon considers Bitcoin an interesting speculative asset and expressed strong confidence in the dollar.
- Goldman Sachs is focusing on Bitcoin-based technology as a major research subject to reduce friction within the financial system.
David Solomon, CEO of Goldman Sachs, stated that "Bitcoin (BTC) cannot threaten the US dollar."
Solomon made this statement in an interview with CNBC on the 22nd (local time). Solomon said, "Bitcoin is an interesting speculative asset," and added, "I have strong confidence in the dollar."
He emphasized that Goldman Sachs is researching Bitcoin. Solomon stated, "Goldman Sachs is focusing on Bitcoin-based technology as a major research subject to test ways to reduce friction within the financial system." He further added, "From the current regulatory perspective, we cannot directly handle or engage with Bitcoin," and "we can discuss this when the world changes."
JOON HYOUNG LEE
gilson@bloomingbit.ioCrypto Journalist based in Seoul
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