Goldman Sachs CEO strongly supports the US dollar, theory of Bitcoin threat is unfounded.

Goldman Sachs CEO David Solomon recently shared his views on Bitcoin and the state of the US economy in an interview at Davos. The CEO stated that Bitcoin is a speculative asset and does not pose a threat to the US dollar. Additionally, Solomon expressed optimism about the US economy, noting that it is showing resilience as the new government takes office. He emphasized that future government policies will play a key role in interest rates and overall economic trends. When discussing the role of Bitcoin in the financial system, Solomon dismissed the idea that Bitcoin poses a threat to the US dollar. He reiterated his confidence in the stability of the US dollar and described Bitcoin as a speculative asset rather than a currency that could challenge the dominant status of traditional fiat currencies. Solomon also hinted that Goldman Sachs' stance on cryptocurrencies may change, admitting that if the regulatory framework changes, the company may consider exploring the Bitcoin and Ethereum markets. While Solomon has been outspoken in the past in criticizing Bitcoin, his comments suggest that with changes in the regulatory environment, he is maintaining a cautious but open attitude towards adaptation.