The former head of Goldman Sachs intrigued the world with a new cryptocurrency

In an interview with CNBC, the head of the National Economic Council of the US President said that he personally does not believe in the future of the first cryptocurrency. At the same time, he said, the United States will soon have its own cryptocurrency.

This digital currency will not be “based on the cost of mining and the cost of electricity and other things,” Gary Cohn added.

“This is a more understandable virtual currency, which, most likely, will use blockchain technology. But it will be much more obvious how this cryptocurrency is developed, how it moves and how people can use it” – the expert said.

Recall, on May 3 it became known that Goldman Sachs will start trading bitcoin futures. It is interesting that representatives of one of the world’s most conservative banking holdings expressed their skepticism about cryptocurrencies more than once, and even recommended their clients not to invest in Bitcoin.

america financeWhen exactly the service will be launched, it is still unknown, but the company management has already agreed on the initiative. In addition, Goldman Sachs “will create its own flexible version of the futures, known as the “unsupported forward ” and will offer it to its customers.” Source: cryptofeed.ru

Read the full story

Comments (No)

Leave a Reply

8 + 1 =