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
True. Cryptos gives new opportunity to those people who can't survive with their work alone, especially the ones who needs investment, although we all know that cryptos especially bitcoin is too risky and volatile to be an investment, yet its volatility gives more chances to make good amount of profit from it. Also bitcoin gives opportunity to some people to earn little amount from it by joining campaigns. Economy with more people having work and earning money can help in country's recovery.