“Something with a long-term volatility of 80% can't be considered a medium of exchange. Just because everybody piles into an idea and talks it up doesn't mean it's a store of value.”
Sharmin Mossavar-Rahmani, Head of Consumer and Investment Management, Goldman Sachs · Bitcoin since: +42%
As published by Newsweek
Bitcoin Too Volatile to be Medium of Exchange, Goldman Sachs Says ↗