BTC Bitcoin statement from Goldman Sachs: It can be an alternative to copper, not gold

Goldman Sachs’ neatly-known Head of Commodities Research, Jeff Currie, spoke back questions about the use of cryptocurrencies as a hedge against risk.

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Currie said that gold is in general noticed as a secure haven through investors. Bitcoin and copper, at the other hand, have been more lively in instances of increased risk urge for food.

“DIGITAL COINS CAN SUBSTITUTE COPPER”

Analyst, “Digital cash can’t be a substitute for gold. if they are to be a substitute, they are able to be copper. As A Result Of both are belongings that transfer in a time of larger risk appetite,” said Currie. He said that he showed interest in the period whilst his appetite greater.

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BTC Bitcoin statement from Goldman Sachs: It can be an alternative to copper, not gold Bitcoin (BTC) News


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