Coinbase Investor and Fundstrat Analyst Explain Why Goldman Sachs Is Incorrectly Assessing Bitcoin

Cointelegraph

Published May 29, 2020 01:57PM ET

Updated May 30, 2020 08:00AM ET

A leaked slide from a client meeting shows Goldman Sachs (NYSE:GS) does not believe Bitcoin is an asset class. Coinbase angel investor Seth Ginns and Fundstrat analyst David Grider explain why Goldman continues to hold this antiquated position.

Ginns and Grider joined Cointelegraph’s weekly Crypto Live Show to bring an investor’s perspective to the usual trader-heavy lineup. They also dive deeply into a broad range of topics including how they began investing in crypto, why they’ve stayed, crypto’s macro impact on the world of finance, private and central bank digital currencies, and institutional involvement in the space. Watch the livestream’s full recording in the video above or skip to 23:05 to go directly to the discussion on Goldman Sachs.

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