Bitcoin to Become «Safe Haven» With Low Costs

January 15, 2018

Bitcoin to Become «Safe Haven» With Low Costs

Bitcoin and some other cryptocurrencies are going to become “safe haven” with low costs, as Zach Pandl, a financial analyst at Goldman Sachs.

The analyst believes the cause for Bitcoin increasing popularity to be deep social discontent with current monetary system and banking sector. At the same time rates of some cryptocurrencies at CoinMarketCap depend on great number of users or employed technologies whilst capitalization of other ones does not seem credible for Pandl.

With his positive regard towards Bitcoin Pandl yet admits the currency bears the marks of economic bubble and must be treated with caution.

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