Bitcoin’s value proposition is based on the cryptocurrency’s potential usefulness, and its level of future adoption, therefore, is more sensitive to changes in interest rates – or has a
Tight financial conditions are expected to be a drag on bitcoin’s user adoption, the report said, and this makes a repeat of the cryptocurrency’s strong returns of the last decade less likely. Volatility will likely remain elevated until it develops more use cases. Goldman says such conditions will be a smaller drag on the price of gold as it is a “shorter duration real asset with developed user cases,” adding that the metal “may benefit from structurally higher macro volatility and a need to diversify equity exposure.”
3TGMCrypto GoldmanSachs willcanny99 Good morning
GoldmanSachs willcanny99 they obviously want a low entry lmao
GoldmanSachs willcanny99 They have no idea . . .
GoldmanSachs willcanny99 bitcoin signal.
GoldmanSachs willcanny99 Tight financial conditions should be the reason for massive crypto adoption...duh!
GoldmanSachs willcanny99 Bitcoin is real money. Deal with it😎🤷Goldman = Oldman Sacks 🥜🤭
GoldmanSachs willcanny99 Wrong. Bitcoin has superior monetary properties to gold. It’s more portable, scarce, cheaper to store, easier to verify, etc… it should be fetching at least what gold’s market cap is… that’d put it at $500K per coin.
GoldmanSachs willcanny99 Where is Gold now and where was Gold 5 years ago... Right same price. Gain 0 value over inflation. In fact gold is like fiat until ppl in power say it doesnt. Same with all assets.
GoldmanSachs willcanny99 “GoldmanSachs plans to spend tens of millions buying or investing in crypto companies,Reuters reported Tuesday. The FTX implosion didn't flatten the crypto market, but it definitely made it significantly less crowded, which is just the way Goldman likes it”. btc Bipolar? 🤣
GoldmanSachs willcanny99 Guess this remains to be seen though.
GoldmanSachs willcanny99 Also GoldmanSachs 🤣🤣🤣
GoldmanSachs willcanny99 GS is selling Gold for BTC?
GoldmanSachs willcanny99 Lol. Never in my fiat currency lifetime has Gold ever been a “buy” 🤣🤣🤣🤣 RonPaul was always right is always right and will always be right. End the Fed. That’s what Bitcoin did.