Despite its growth and adoption over recent years, Bitcoin is still far from understood and looked down on by much of Main Street and Wall Street. In a May call entitled “Implications of Current Policies for Inflation, Gold, and Bitcoin,” two executives at Goldman Sachs discussed BTC. According to leaked slides of the client call, the two were not optimistic. They purportedly said that Bitcoin does not generate cash flow, does not “provide consistent diversification […]
