The former President of Goldman Sachs Gary Cohn, a month ago, head of the national economic Council US President Donald trump told CNBC his thoughts on the future of bitcoin and blockchain technology. According to him, the first bitcoin still not destined to become a common global asset.

“I don’t believe in bitcoin. But I really believe in blockchain technology. Sure, sooner or later we will have a global cryptocurrency” — said Con during an interview.

He also noted that the global cryptocurrency will not be “based on the cost of mining and the cost of electricity and such things”, referring apparently to the energy-consuming mechanism of mining bitcoin and other coins.

“It will be more understandable cryptocurrency, which may be to use blockchain technology, but it will be much clearer as it is generated, how it moves and how people can use it”, — said Kon.

At the same time for the impending launch of services to trade bitcoin futures at Goldman Sachs he said neutrally.

“Look, they can do whatever they want, if it is in the interests of their shareholders”, — said Kon.

Note, Gary Cohn has held the positions of President and COO of Goldman Sachs in 2006. After Donald trump became President of USA in 2017, Kon left a financial institution in favor of the Director of National economic Council. In March, he announced his retirement — experts explain this decision disagreeing with the proposed administration of the trump rates. This post Con left 2 April.

Earlier, the co-founder and largest shareholder of Microsoft Corporation bill gates declared that if he could do it, definitely would have bet against bitcoin, calling the cryptocurrency one of the most speculative things in the world.