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Yusra31
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In an interview with CNBC on Wednesday, former Treasury Secretary Steven Mnuchin discussed bitcoin, cybersecurity, and the US economy. He was asked if his views on bitcoin have changed since his last interview with the media outlet, when he was still the Treasury Secretary. Mnuchin was disdainful of cryptocurrency at the time, claiming that it had no fundamental worth.
Since then, an increasing number of large corporations and well-known traders have become interested in bitcoin. Goldman Sachs, Morgan Stanley, and Citigroup are among the major investment banks that have begun or are in the process of delivering crypto goods or services to its clients.Mnuchin responded to a question about whether his views on bitcoin have changed:
I think my view has evolved a little bit, but it is pretty consistent … If people want to buy bitcoin as a substitute, no different than buying gold or some other asset, it's fine. I don't personally want to have it in my portfolio but if people want to that's perfectly fine.
Since then, an increasing number of large corporations and well-known traders have become interested in bitcoin. Goldman Sachs, Morgan Stanley, and Citigroup are among the major investment banks that have begun or are in the process of delivering crypto goods or services to its clients.Mnuchin responded to a question about whether his views on bitcoin have changed:
I think my view has evolved a little bit, but it is pretty consistent … If people want to buy bitcoin as a substitute, no different than buying gold or some other asset, it's fine. I don't personally want to have it in my portfolio but if people want to that's perfectly fine.