Bitcoin and kryptowaluty will be one of the most important topics of the upcoming Goldman Sachs conference call. The event is scheduled for Wednesday, May 27, and has “US economic outlook” and “Implications of current policy.” The main topics are to be: inflation, gold and … Bitcoiny.
Goldman Sachs wants a debate on quantitative easing and BTC
Central bank’s recent extreme monetary policy has provoked Goldman Sachs experts to organize a debate on quantitative easing, risk inflation and how the global economy will react assets such as Bitcoin and gold.
While gold has gained in value since the outbreak of the coronavirus outbreak, and analysts predict it may reach record levels by the end of the year, in the context of cryptocurrencies, the case is no longer so certain. Experts note that the BTC market shows extremely changing moods.
What’s next with BTC?
Anyway, after March 13, when BTC fell after around USD 4,000, many claimed that it was the end of cryptocurrency. As he approached Halving and course it was growing, almost all bullish forecasts could be found in social media.
It is worth noting, however, that institutional investors are slowly investing in BTC. Paul Tudor Jones, who manages the hedge fund, has openly admitted it. Earlier this month, he revealed that the fund had invested 1-2 percent. their assets in Bitcoin-based funds.
Greyscale emphasizes the importance of this movement:
“Jones emphasized that Bitcoin is his tool for securing his wallet in order to combat the rapid increase in balance [zadłużenia] Fed and unsustainable global debt levels. In fact, sharing your belief in the matter Bitcoin, Jones also explored various other assets to combat inflation, including gold, shares, various commodities and currencies. In his note, Jones succinctly stated: “If I’m forced to forecast that you need to bet on Bitcoin.”
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