Cryptocurrency

Bank holds Meeting for customers on BTC

Bitcoin and banks is an issue. Satoshi Nakamoto has developed the BTC in 2008/09, in the midst of the banking crisis. The crucial difference to everything that the world has seen so far is that the Software works without a middleman, is the one to trust. Potentially, Bitcoin is a threat to the business model of banks.So it’s no wonder that most of the responses from this sector is very critical to BTC, and this scepticism has been living for the most part, in ignorance out. However, due to the increased attention, the BTC in the last weeks and months due to the Halving and the corona of a crisis has to know all of that could change now. Was now known as Goldman Sachs holds next week, a Meeting for its customers, in which, among other things, Bitcoin. What is it exactly and what does this mean for BTC?

Bitcoin is at Goldman Sachs

Goldman Sachs is likely to be the most as a company and a Bank. Nevertheless, a brief explanation: Goldman Sachs (GS) is a global investment banking and securities trading companies, the rich, the super, States, and large companies, advises.GS is one of the 30 large banks classified as systemically important financial institutions. Summarized it can be stated, therefore, that Goldman Sachs has a lot of influence in the financial sector and whose actions in the direction of have for many others.As is known now GS holds on Wednesday the 27. May is spoken with a Call (Meeting), which according to the invitation, among other things, about Bitcoin. The online event will not be public, but only for the customers of the “Consumer and Investment Management Division” of GS are available.The best and safest stock market choose for you to opt for the right provider is not always easy. Therefore, we recommend that you take a look at our Bitcoin brokers & exchanges to throw a comparison. Trading on the safest and best exchanges in the world! For Comparison

BTC is on a relentless rise

But what does this mean for Bitcoin? The online event has not yet taken place, so, of course, can not be said yet, what is the content and opinion GS presents its customers to BTC. It is also questionable whether we will know in hindsight.However, now a Lot can be said, namely, that the mere fact that Bitcoin now has such a relevance that one of the 30 largest banks in the world must speak with its customers about it, is a great success for BTC. And regardless of what your opinion is on GS to Bitcoin.As Henrik Andersson, Chief Investment Officer at Apollo Capital, an Australian Crypto Fund says, is the have been unimaginable a few years ago.

The News of Bitcoin and Goldman Sachs fits into the picture of the increasing institutionalisation of the last few weeks and months. It is possible that GS has integrated BTC as a theme in the online event, but the demand of the customers was just too big to ignore Bitcoin as an Asset more.In this case, the Meeting is not only about BTC. The theme of the table should be of the “Outlook on the U.S. economy and the impact of current monetary policy on Inflation and Gold” are treated. The digital Gold fits so well into the theme.Without question, the News is that Goldman Sachs is now forced with his customers about Bitcoin to talk bullish for BTC clear. Bitcoin can only be successful if it is used by as many people as possible. BTC Adoption is so essential. If you’ve done your own extensive Research and you positioning in the market want, we have here a tip for you:

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About the author

Eve Manning

Eve Manning

A native Texan, Eve first started out as a Finance Analyst and later realized that her true passion was not in trading but in writing. She leverages her experience in the Finance industry to analyse and write in-depth news articles covering the Cryptocurrencies, Economy & Finance industries.

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