Goldman Sachs CEO David Solomon made statements about Bitcoin (BTC ($104,427.34)) and the US economy.
Speaking to CNBC in Davos, the Goldman Sachs CEO said the U.S. economy is in pretty good shape as Trump and the new administration begin.
Emphasizing that upcoming government policies will significantly affect interest rates, the Goldman Sachs CEO argued that Bitcoin is not a threat to the US dollar.
“I don’t think Bitcoin is a threat to the US dollar. I believe in the strength of the dollar, I trust it and I support it.
Bitcoin is a speculative asset.”
The famous CEO finally said that if regulations change, there could be a discussion about buying and using Bitcoin.
The Goldman Sachs CEO had previously said that they would consider participating in the Bitcoin or Ethereum markets if regulators allowed it.
Despite these statements, the Goldman Sachs CEO is known for being a strong Bitcoin critic in the past.
*This is not investment advice.
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