Former adviser to president Trump: will the global cryptocurrency, but it will not Bitcoin
Former Goldman Sachs president Gary Cohn, who headed the National Economic Council of the US President Donald Trump a month ago, shared his thoughts with CNBC on the future of bitcoin and blockchain technologies. As he said, the first crypto-currency all the same is not destined to become a uniform global active.
"I do not really believe in bitcoin. But I really believe in blockchain technology. I'm sure, sooner or later, we will have global crypto currency, "Cohn said during the interview.
He also noted that this global crypto currency will not be "based on the costs for mining and the cost of electricity and similar things," hinting, apparently, on the energy-consuming mechanism for mining bitcoin and other coins.
"It will be a more understandable crypto currency, which, perhaps, will use blockchain technology, but it will be much more obvious how it is created, how it moves and how people can use it," Cohn added.
At the same time, he answered fairly neutral about the upcoming launch of bitcoin futures trading services at Goldman Sachs.
"Listen, they can do whatever they want, if it is in the interests of their shareholders," Cohn said.
Gary Cohn took the posts of president and chief operating officer of Goldman Sachs in 2006. After Donald Trump became president of the United States in 2017, Cohn left the financial institution in favor of the post of director of the National Economic Council. In March, he announced his resignation - experts explain this decision by disagreement with the proposed tariffs by the Trump administration. This post Cohn left April 2.
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