Goldman Sachs Exec on Crypto: Don't Forget the Force of the Sovereign

Cryptonews Source: iStock/mariusz_prusaczyk Martin Chavez, global co-head of the securities division at investment banking giant Goldman Sachs, believes cryptocurrencies needs to have stable backing. "If we’re in the jurisdiction of the U.S. and I owe you some money and I give you one of these [dollar] bills and you accept it, I’ve extinguished the debt and it’s backed by the force of the sovereign. I May 02, 2019 at 03:07PM By Crypto News