Bitcoin Too Volatile to be Medium of Exchange, Goldman Sachs Says
Newsweek
February 8, 2021"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
BTC price when published:
$46,436.09
Current BTC price:
$81,891.54
Price change:
+76.35%