Goldman Sachs Butts Heads With Bloomberg Over Bitcoin
Cointelegraph
Published May 27, 2020 11:19AM ET
Updated May 27, 2020 01:00PM ET
According to a leaked PowerPoint slide, Goldman Sachs (NYSE:GS), in a May 27 call discussing the U.S. economic outlook, stated that cryptocurrencies are not an asset class. The wording of the slide appears to discourage its clients from investing in the up and coming technology-based asset. This stands in stark contrast to the views of former presidential hopeful, Michael Bloomberg, whose financial reform plan unequivocally called Bitcoin an asset class.
Purported Goldman Sachs Slide From May 27 Call. Source: Ryane Browne’s Twitter Account...
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Written By: Cointelegraph
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