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Goldman Sachs hosts conference call on crisis, cryptocurrencies and inflation

May 24, 2020

Goldman Sachs will host a conference call on May 27 entitled “United States Economic Outlook” and “Implications of Current Policy on Inflation, Gold and Bitcoin”.

May 23 Mike Dundas, founder of The Block media company, published a Screenshot the invitation to calland reveals that the event is presented by Sharmin Mossavar-Rahmani, the CIO of the Goldman Investment Strategy Group, together with Harvard economics professor Jason Furman and chief economist Jan Hatzius von Goldman Sachs.

Goldman Sachs seems to be getting closer to Bitcoin

The news was announced as a milestone for the institutional rollout of crypto assets, which appears to mean a complete turnaround by Goldman’s Mossovar-Rhami. – who declared in August 2018 that cryptocurrencies fail as a medium of exchange, value storage and units of measurement.

Goldman Sachs hosts conference call on crisis, cryptocurrencies and inflation
Goldman Sachs hosts conference call on crisis, cryptocurrencies and inflation

For many years, the crypto community has been dedicated to Goldman Sachs’ voluntary participation in cryptocurrencies.with false rumors that the financial giant was planning to open a Bitcoin (BTC) trading table that has been circulating frequently in the short history of the cryptocurrency.

Institutions are increasingly using cryptocurrencies

The Goldman Sachs conference call takes place amid other signs that many large financial institutions may be warming up to cryptoJPMorgan has been offering banking services to US stock exchanges on Coinbase and Gemini since April.

Early May, Billionaire and hedge fund founder Paul Tudor Jones announced that he was buying Bitcoin as a hedge against inflation through money pressure.

The 65-year-old man announced that his Tudor BVI hedge fund manages “a low single-digit percentage”. Your total BTC futures assets with the following information: “The best strategy to maximize profits is the fastest horse […] If I’m forced to forecast, my bet is that it will be Bitcoin. “

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