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Document Information

Type: Presentation slide / corporate briefing document
File Size: 1.26 MB
Summary

This document is a presentation slide produced by the Goldman Sachs Investment Management Division titled 'What is a Cryptocurrency and Why is Blockchain Technology Important?'. It outlines the common features of cryptocurrencies (Digital, Decentralization, Open Source, Distributed Consensus, Pseudonymity, Cryptography) and defines key concepts like blockchain and mining. The document bears the Bates stamp 'HOUSE_OVERSIGHT_025669', indicating it was obtained as part of a US House Oversight Committee investigation, likely regarding financial institutions' relationships with Jeffrey Epstein.

Key Quotes (2)

"A cryptocurrency is a decentralized digital coin. It allows users to make transactions and store money in a secure and synonymous manner."
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Quote #1
"Mining solves the “double-spending” problem that had plagued previous attempts to implement a digital currency."
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Quote #2

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