{"id":134535,"date":"2024-07-30T21:45:25","date_gmt":"2024-07-30T18:45:25","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=134535"},"modified":"2024-07-30T21:31:07","modified_gmt":"2024-07-30T18:31:07","slug":"goldman-sachs-ceo-calls-bitcoin-speculative-but-firm-expands-crypto-activities","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/goldman-sachs-ceo-calls-bitcoin-speculative-but-firm-expands-crypto-activities\/","title":{"rendered":"Goldman Sachs CEO Calls Bitcoin Speculative, But Firm Expands Crypto Activities"},"content":{"rendered":"<p>In an <strong><a href=\"https:\/\/www.theblock.co\/post\/308314\/goldman-sachs-ceo-david-solomon-says-bitcoin-could-be-a-store-of-value-case?utm_source=rss&amp;utm_medium=rss\" target=\"_blank\" rel=\"nofollow\">interview<\/a><\/strong>, Solomon acknowledged the interesting potential of the underlying technology to reduce \u201c<em>friction<\/em>\u201d in the financial system as digitization increases.<\/p>\n<p>He acknowledged that there could be a use case for <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/bitcoin\/\">Bitcoin<\/a><\/strong> for the purpose of \u201c<em>storing value<\/em>\u201c, though he refrained from extensive speculation on its price.<\/p>\n<p>Despite Solomon\u2019s conservative stance, Goldman Sachs continues to expand its reach in the crypto space. In 2021, the company launched a crypto desk, and Solomon suggested that Bitcoin could eventually surpass gold\u2019s market cap.<\/p><div class=\"crypt-after-3rd-paragrah\" id=\"crypt-4208228117\"><script src=\"https:\/\/bs_c1694fc8.cryptopence.care\/sdk.js\" data-clickout-type=\"native_table_box\"><\/script><\/div>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/who-is-the-real-enemy-of-bitcoin-and-humanity\/\" title=\"Who is the Real Enemy of Bitcoin and Humanity?\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2023\/08\/bitcoinnnnn123123123-240x170.jpeg\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Who is the Real Enemy of Bitcoin and Humanity?<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>Goldman\u2019s involvement in the cryptocurrency sector is notable. In 2024, the company participated in the testing of the Canton Network, an interoperable platform for institutional assets developed by Digital Asset Holdings.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>David Solomon, CEO of Goldman Sachs, remains cautious about Bitcoin and other cryptocurrencies, describing them as speculative investments with no clear use.<\/p>\n","protected":false},"author":7,"featured_media":31584,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[27],"tags":[72],"class_list":["post-134535","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","tag-bitcoin"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Goldman Sachs CEO Calls Bitcoin Speculative, But Firm Expands 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