In a recent outlook report, the American multinational investment bank Goldman Sachs distanced themselves and condemned Bitcoin and cryptocurrency in general. Chris Thomas, Head of Digital Assets at the online bank Swissquote responded last week. In its outlook report from 27 May 2020, the Goldman Sachs Consumer and Investment Management Division portrayed cryptocurrencies in a negative light. Swissquote took a stand against this view as being one-sided. To the claim of Goldman Sachs that cryptocurrencies are not an asset class, the head of the digital assets at Swissquote responded that the emerging assets are now ... (full story)