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
We can use cryptocurrencies during out break. In fact, I am thinking that this might help us to keep our valuable, when there is an inflation. If the economy is in the recession stage, we invest in cryptocurrency so that the value of our fiat may preserve. Bitcoin is really useful in a troubled economy, specially for an individual like us.