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RE: 5 reasons why bitcoin is 'not an asset class', nor 'a suitable investment'... (possible click bait)

in SteemLeo4 years ago

The truth is that I was not very surprised when I read the article about the reasons why "bitcoin is not an asset of value" by Golman Sachs; We have already heard many of these concepts trying to mold btc to discourage institutional investment, but rather than moving away, I think they strengthen the idea of having this currency in the investment portfolio.

For nobody it is a secret how the financial system is going to be raised in the medium and long term of the pandemic, and many intuit a complete change and the digital world is booming to advance with this change. Without going too far, let's just see as an example the change of opinion of JP Morgan on the undervaluation of the price of BTC, or the fact of having hedge funds that this currency can have, we are going that these definitions by Golman Sachs are so hasty that they lack serious analysis, it is the same story of money laundering.

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