[ad_2][ad_1] Goldman Sachs, one of the largest financial giants in the world, has published Outlook for the first time in mid-year. The report follows "Outlook – Unsteady as She Goes" released in January 2018. It states that the company considers Bitcoin and Cryptocurrencies one of the six unstable factors that …
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[ad_1] "Our view that cryptocurrencies would not retain value in their current incarnation remains intact and, in fact, has been confirmed long before we expected." Mossavar-Rahmani said Goldman is the last global investment bank to consider that cryptocurrency is neither a medium of exchange, "nor a unit of measurement, nor …
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[ad_1] Chris Hondros / Getty Images Goldman Sachs' investment strategy group states that bitcoin will continue to decline. He also says that virtual currency does not meet any of the three usable money definitions and only makes up 0.3% of global GDP. Bitcoin decreased by 45% in 2018. Follow bitcoins …
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