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Goldman Sachs CIO Says Bitcoin Is Not an Investment Asset Class

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Indeed, Goldman Sachs chief investment officer, Sharmin Mossavar-Rahmani, recently expressed her views about Bitcoin. She stated that, in her opinion, Bitcoin is not a suitable asset for long-term investment strategy. The reason for this skepticism is the massive price volatility, which makes it high risk. However, she did not deny its potential in terms of returns. Her position reflects some mainstream skepticism towards cryptocurrencies while many others accept it as a legitimate digital asset. It’s always crucial to do a lot of research and find professional financial advice before investing in any asset, especially cryptocurrencies.

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