Cryptocurrencies
Bitcoin’s ‘Integrity’ Flaws May Lead to Failure, Gary Cohn Says
- Former Goldman exec says the coin has ‘no transparency to it’
- He’s set up a vehicle to buy companies to own for a long time
This article is for subscribers only.
Don’t pin your hopes on the Bitcoin boom holding up, according to Gary Cohn, a former economic chief to Donald Trump.
“For all the reasons it’s a strong developing asset class, it may fail,” Cohn, the ex-Goldman Sachs Group Inc. honcho, said in an interview with Bloomberg Television.