This week Goldman Sachs will hold a video conference entitled “Outlook for the U.S. Economy and Consequences of Current Policies for Inflation, Gold and Bitcoin”.
Mike Dundas, founder of The Block website, has posted a screenshot of the conference invitation on Twitter. The event will also be attended by Sharmin Mossavar-Rahmani, CIO of Goldman Sachs’ Investment Strategy Group; Jason Furman, Professor of Economics at Harvard University; and Jan Hatzius, Chief Economist at Goldman Sachs.
Institutions show interest in Bitcoin
This videoconference could represent an important milestone for the adoption of cryptocurrency by the institutions. In fact, it seems that Mossovar-Rhami has changed his mind about this technology: two years ago he said that cryptocurrencies fail as an instrument of exchange, reserve value and unit of measurement.
The announcement of the Goldman Sachs videoconference is only the latest event that demonstrates the rapprochement of the great institutions to the world of cryptocurrencies. Recently JPMorgan Chase, whose CEO just a month ago called
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“worse than tulip bulbs”, added Coinbase and Gemini trading platforms to his client base.
Also in May, billionaire Paul Tudor Jones, founder of the Tudor Investment Corporation, revealed that he had invested in Bitcoin to protect his assets from US dollar inflation.