The former President of Goldman Sachs Gary Cohn (Gary Cohn) believes that someday the world will be a global cryptocurrency, but it won’t be bitcoin.
“I really think we will have a global cryptocurrency at some point the world will understand. And it is not based on the cost of production, cost of electricity or such things,” said Gary Cohn.
Like many critics of bitcoin, he has nothing against blockchain technology. In the broadcast of Squawk on the Street on CNBC, he said he did not believe in bitcoin and believe in blockchain technology. However, he believes that the digital currency of the future will be easier than BTC, although based on DLT technology:
“It will be more understandable cryptocurrency. It will probably be some sort of technology of the blockchain, but it will be much easier to understand how it was created, how it moves and how people can use it”.
We will remind that earlier the investment Bank, where Gary Con was President from 2006 to 2017 before leaving for work in the administration of President trump, has announced the launch of trading bitcoin futures.