Goldman Sachs: Bitcoin can be useful for a troubled economyAccording to the report of Goldman Sachs, Bitcoin and other crypto-currencies can be a good alternative to the national currency for countries with an unstable economy.
Analysts at Goldman Sachs Zack Pandle and Charles Himmelberg said that digital currencies and, in particular, Bitcoin, can become a viable means of payment in countries where traditional money is not sufficiently provided.
Goldman Sachs experts: crypto-currencies can help the troubled economy
I think it can help people to stock their assets during inflation. Due to the low currency rate. A person can convert his asset in cryptocurrency since crypto is worldwide and inflation in a certain country does not affect other states necessarily. Therefore, we can hide our money using bitcoin or other altcoins.