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1  Bitcoin / Bitcoin Discussion / Re: Goldman & Sachs: Bitcoin: Currency or Asset Class? on: May 28, 2020, 12:43:41 PM
Is this the reason why Bitcoin has been pump in the last 24 hours?  Grin

Cash flow? I think Holders will disagree with that, as Bitcoin is 'cash saving" for majority of us.

Hedging inflation? Again, majority of us do believed that it can be it can be an instrument against uncertainty, just like we have seen during this pandemic.

And it seems that they just cherry pick their argument to fit their obvious narrative.

Quote from Tyler Winklevoss:

Quote
Goldman Sachs: We do not recommend bitcoin on a strategic or tactical basis for clients’ investment portfolios...

Google Translate: We don't want our clients to buy bitcoin and realize they don't need us anymore.

https://twitter.com/tylerwinklevoss/status/1265701227477839873

https://www.facebook.com/Finance1news1/
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