Goldman Sachs CEO Predicts Bitcoin Could Rival Gold as a Store of Value

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Goldman Sachs CEO Predicts Bitcoin Could Rival Gold as a Store of Value
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Goldman Sachs CEO David Solomon said that bitcoin could “very well” serve as a store of value similar to gold.

When CNBC’s Joe Kernan inquired about the possibility of bitcoin serving as a reserve asset like gold, Solomon responded, “There very well could be a store of value case.” Saylor suggested reallocating treasury reserves from gold and bonds to bitcoin, issuing currency and debt to purchase the cryptocurrency, and implementing laws favorable to BTC ownership.

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