Goldman Sachs CIO Says Bitcoin Is Not an Investment Asset Class

Goldman Sachs’ CIO, Sharmin Mossavar-Rahmani, has voiced skepticism about Bitcoin as an investable asset class. According to Mossavar-Rahmani, Bitcoin lacks some of the key characteristics that make an asset class investable. She cited factors such as volatility, lack of cash flow, unclear legal status, and susceptibility to hacking as some reasons that present challenges for Bitcoin as an investment asset. Despite these comments, the conversation shows how mainstream financial institutions are continuing to grapple with