Goldman Sachs CEO: Bitcoin No Threat to USD, but Blockchain Is Key

CoinChapter

2025-01-24 18:50:31

BTC-0,79%

S-0,07%

BOX-1,76%

NAIROBI (CoinChapter.com)— Goldman Sachs CEO David Solomon dismissed concerns about Bitcoin (BTC) challenging the U.S. dollar, calling it an “interesting speculative asset.” Speaking on CNBC’s Squawk Box, Solomon reaffirmed his confidence in the dollar while explaining the bank’s regulatory hurdles in adopting Bitcoin.

Bitcoin Is No Threat to the U.S. Dollar

Solomon downplayed Bitcoin’s potential to rival the U.S. dollar, citing its speculative nature and limited real-world utility. “I’m a big

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Comment

0/400

No comments