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Another sign of mainstream adoption? Goldman Sachs are questioning their newsletter subscribers about Bitcoin

All Cryptocurrencies

by COINS NEWS 101 Views

Yesterday I posted about a mass email I got from Fidelity I thought was worth noting as part of us collectively keeping an eye on adoption: https://www.reddit.com/r/CryptoCurrency/comments/126opcv/a_sign_of_mainstream_adoption_mass_email_from/

TODAY I have an entirely new example and that is Goldman Sachs questioning their newsletter subscribers about Bitcoin in such a way that it sheds light on the massive returns investors have seen this year over other traditional asset groups: https://i.imgur.com/ZiC3aSZ.png

The question reads: Amid growing U.S. recession concerns and persisting worries about inflation, 2023 is proving to be a turbulent year for investors. Which of these assets has had the highest year-to-date total return (as of March 29)?

  • Bitcoin
  • Gold
  • High-yield credit
  • Emerging market equities

When selecting Bitcoin the reader is greeted with: That's right -- bitcoin had a total return of 71%, while gold came in at 7%, high-yield credit at 2%, and emerging market equities at 3%.

How many people get this newsletter and are now realizing Bitcoin should be worked into their portfolio?

submitted by /u/disgustingEvan
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