Goldman & Sachs to host a meeting about Inflation, Gold and Bitcoin

[bitbollo]

“Implications of Current Policies for Inflation, Gold and Bitcoin”
This is the title of meeting set for 27th May 2020!

https://www.forbes.com/sites/colinharper/2020/05/22/goldman-sachs-is-hosting-a-call-about-bitcoin-gold-and-inflation/#dc166d31effa

Goldman Sachs’ latest client conference call will include a subject that Wall Street has either long derided or shrugged off: Bitcoin.

Per an invitation to investors, the investment bank is holding a client call on “US Economic Outlook & “Implications of Current Policies for Inflation, Gold and Bitcoin.” The conference call, set for May 27 at 10:30am EST, is the fifteenth in a series on macro economic and financial trends.

They will change their name to Bitcoinman & Sachs in upcoming next years   ?

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[avikz]

Assets under management globally for Goldman Sachs - 1.8 trillion USD in 2019.

They are clearly one of the giants in global financial markets. However, holding a conference call with their clients literally means nothing for bitcoin. But I am happy to see that global financial giants have started taking bitcoin little more seriously.

Such kind of small things remind me of Mahatma Gandhi - First they ignore you, then they laugh at you, then they fight you, then you win!

Change is happening - slowly but surely!

[Harlot]

What do you think they will talk about Bitcoin to their audience the will probably be made up of conservative investors? I know there are a lot of institutional investors already involved in the crypto industry but I haven't seen any news about Goldman & Sachs and their clients are having plans with Bitcoin, they might just talk about it but I don't think they'll be moving majority of funds in Bitcoin if that is what you are trying to tell us. I simply don't see this happening as of the moment especially when all the markets are down right now, I bet that is what they are plan to be talking about on what they'll be seeing as an opportunity on a discounted market that we have.

[20kevin20]

Assets under management globally for Goldman Sachs - 1.8 trillion USD in 2019.

They are clearly one of the giants in global financial markets. However, holding a conference call with their clients literally means nothing for bitcoin. But I am happy to see that global financial giants have started taking bitcoin little more seriously.

Will they let spectators in or is it a private conference? I'd rather believe they'll talk about the dangers Bitcoin implies over their corporation than believe they're looking forward to doing something positive about it.

I'm very paranoid when it comes to corporations and banks and their "good willing", especially when it comes to the latter.

[sheenshane]

For this instance whether they will talk a lot or even less about the Bitcoin on that meeting still it will surely help the crypto world for it may enlighten the mind of some clients or make them at least aware about Bitcoin and how promising Bitcoin or even other cryptocurrencies could be as a medium of exchange. In fact when they publicized this meeting it already helps cryptocurrency in terms of advertisement because when someone read about this meeting they could immediately think Bitcoin and what is it all about, probably the reason why it is included on the meeting.

This may somehow not have a huge effect in crypto but this may still be another step for global adoption.
You may read on this article too, https://cointelegraph.com/news/goldman-sachs-to-host-conference-call-on-crisis-crypto-and-inflation.

[avikz]

Assets under management globally for Goldman Sachs - 1.8 trillion USD in 2019.

They are clearly one of the giants in global financial markets. However, holding a conference call with their clients literally means nothing for bitcoin. But I am happy to see that global financial giants have started taking bitcoin little more seriously.

Will they let spectators in or is it a private conference? I'd rather believe they'll talk about the dangers Bitcoin implies over their corporation than believe they're looking forward to doing something positive about it.

I'm very paranoid when it comes to corporations and banks and their "good willing", especially when it comes to the latter.

Even that shows the seriousness, if they want to bash bitcoin in front of their customers! There are 3 things that can happen for an organization, especially in financial sector -

1. They will feel threatened - the way JPM chase looked at it and later decided to embrace the change and allowed cyrpto exchanges to open banking account with JPM.
2. They will see opportunity - there are many companies embraced bitcoin for better. CME group is the front runner of it who had created a bitcoin ETF.
3. They will stay neutral - A majority of the financial institutions have chosen this route.

However, I think bitcoin is now too big to be ignored. Slowly but surely every companies in financial sector will have to consider bitcoin or bitcoin linked investment products.

[20kevin20]

Even that shows the seriousness, if they want to bash bitcoin in front of their customers! There are 3 things that can happen for an organization, especially in financial sector -

1. They will feel threatened - the way JPM chase looked at it and later decided to embrace the change and allowed cyrpto exchanges to open banking account with JPM.
2. They will see opportunity - there are many companies embraced bitcoin for better. CME group is the front runner of it who had created a bitcoin ETF.
3. They will stay neutral - A majority of the financial institutions have chosen this route.

However, I think bitcoin is now too big to be ignored. Slowly but surely every companies in financial sector will have to consider bitcoin or bitcoin linked investment products.

Or perhaps they're waiting for the moment national cryptocurrencies turn into reality to see what happens to BTC and other cryptos. They sure do know stuff we don't yet. Don't you think Bitcoin will become a threat to national cryptos once they are released? I mean, it's going to be centralized cryptos with crappy inflation vs Bitcoin with decreasing inflation.

They better come out with something smart or sooner or later Bitcoin might take the leadership, it's growing to unseen levels indeed

[bitbollo]

https://event.webcasts.com/viewer/event.jsp?ei=1323195&tp_key=71370c5805

Link for the webcast!

[swap2cashcom]

https://event.webcasts.com/viewer/event.jsp?ei=1323195&tp_key=71370c5805

Link for the webcast!

Thanks for this. I'm so curious what will be said. Thank you!

[kemoglo]

https://event.webcasts.com/viewer/event.jsp?ei=1323195&tp_key=71370c5805

Link for the webcast!

I'll join, let's see what they've got to say. I gotta admit it's refreshing to say the least to see the change some of these corporations opinions were and what they are now in respect to bitcoin, I respect that.

[ChiBitCTy]

Nice find! I am absolutely looking forward to this conference call.  I am not really all that surprised this is going to be a main topic for the call.  First Goldman based bitcoin, then they started to embrace it.  I am curious how they spin it this time however.  Not sure if it will be positive or not. They do offer access to bitcoin in some capacity these days, so maybe its a ploy to increase their clients exposure to it.