Today Goldman Sachs Recognizes Bitcoin’s Future Potential
Bitcoin as Money, a proprietary research paper published internally by Goldman Sachs, argues, “Our working assumption is that long-run cryptocurrency returns should be equal to (or slightly below) growth in global real output—a number in the low single digits.
The two researchers actually predict bitcoin’s acceptance by Goldman and other institutions mean laws and regulations are coming. This will spur adoption, they believe. Bitcoin, they argue, needs to compete ultimately with the dollar’s transactional low cost.
I think the bitcoins graph during the last 3 month show the big potential since it almost touch the 20000$ !
Bitcoin as Money, a proprietary research paper published internally by Goldman Sachs, argues, “Our working assumption is that long-run cryptocurrency returns should be equal to (or slightly below) growth in global real output—a number in the low single digits.
The two researchers actually predict bitcoin’s acceptance by Goldman and other institutions mean laws and regulations are coming. This will spur adoption, they believe. Bitcoin, they argue, needs to compete ultimately with the dollar’s transactional low cost.
I think the bitcoins graph during the last 3 month show the big potential since it almost touch the 20000$ !