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❕NEWS Goldman Sachs has a cryptocurrency team now

AudraMiller

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From banks being completely against the use of crypto, to banks developing and putting together their own cryptocurrency team, it seems that we have certainly come a long way in the cryptocurrency market. A recent report shows that this bank has a cryptocurrency team and section dedicated to the digital asset, trading in bitcoin linked coins and assets. Do you think that other banks will use this opportunity to follow in these footsteps, and what benefit do you think that the crypto market can bring to banks?
 
I love this from the goldsach team with the way they are embracing cryptocurrency really shows how the interest they have in cryptocurrency is actually , hopefully they are able to add in more growth and development to the cryptocurrency eco system , because that's what I want to see happen
 
I love this from the goldsach team with the way they are embracing cryptocurrency really shows how the interest they have in cryptocurrency is actually , hopefully they are able to add in more growth and development to the cryptocurrency eco system , because that's what I want to see happen

I guess that not all kinds of banks are against the usage of cryptocurrencies. Depending on the policies set by the government of a country, cryptocurrencies could help the banking sector as well. banks could utilise stable coins to make funds safer, especially decentralised stable coins. There are many other ways cryptocurrencies could potentially make banking system much better.
 
I love this from the goldsach team with the way they are embracing cryptocurrency really shows how the interest they have in cryptocurrency is actually , hopefully they are able to add in more growth and development to the cryptocurrency eco system , because that's what I want to see happen

I also believe that if banks have some sort of sympathetic policies regarding the adoption of cryptocurrencies, then the market value of Bitcoin might not have declined so rapidly as it did in the past. People must know that the "Federal Reserve" of the United States is itself a bank! It is the main bank of the United States that controls many monetary policies! We know that Federal Reserve played a big role when it comes to the cryptocurrency market crash due to surge in interest rates.
 
I love this from the goldsach team with the way they are embracing cryptocurrency really shows how the interest they have in cryptocurrency is actually , hopefully they are able to add in more growth and development to the cryptocurrency eco system , because that's what I want to see happen
Seeing that people are starting to accept cryptocurrency rather than go against it is a sure fire way to see that teh currency and the coins will continue to grow with time and that the chance of it being accepted around the world will be higher. That is what will make the best economy globally and i think that it will helping the crazy inflation rates that we are seeing as well.
 
Seeing that people are starting to accept cryptocurrency rather than go against it is a sure fire way to see that teh currency and the coins will continue to grow with time and that the chance of it being accepted around the world will be higher. That is what will make the best economy globally and i think that it will helping the crazy inflation rates that we are seeing as well.

I believe that cryptocurrencies would have become more popular and adopted by more people if the market had not crashed. The market has crashed because there are many coins in the open market, but the supply and demand ratio has a big gap. The demand has decreased and I think that this has also impacted Bitcoin's acceptance as a payment method as well.
 
Seeing that people are starting to accept cryptocurrency rather than go against it is a sure fire way to see that teh currency and the coins will continue to grow with time and that the chance of it being accepted around the world will be higher. That is what will make the best economy globally and i think that it will helping the crazy inflation rates that we are seeing as well.
yeah I even want more institution to invest more into cryptocurrency , because they are the ones to addin more development ,the adoption of crypto currency could actually skyrocket with the infulence they would have on cryptocurrency development at every range
 
I also believe that if banks have some sort of sympathetic policies regarding the adoption of cryptocurrencies, then the market value of Bitcoin might not have declined so rapidly as it did in the past. People must know that the "Federal Reserve" of the United States is itself a bank! It is the main bank of the United States that controls many monetary policies! We know that Federal Reserve played a big role when it comes to the cryptocurrency market crash due to surge in interest rates.
yes I know that ,I think the excess printing and inflation added to the fall of the economy ,which in turns affected cryptocurrency prices drastically ,that's why there was a huge amount and decrease in the price of cryptocurrency after that I think
 
yes I know that ,I think the excess printing and inflation added to the fall of the economy ,which in turns affected cryptocurrency prices drastically ,that's why there was a huge amount and decrease in the price of cryptocurrency after that I think

So, do you mean excessive printing of currency notes? Well, in my country there are many things that are leading to inflation. A big shortage of electricity, fuel prices, and a lack of export is one of the main things that is leading to inflation and economic problems in the country. An investor cannot invest in cryptocurrency market or stock market because both of them are down right now.
 

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