A Goldman Sachs Investment Management Division presentation slide discussing why Bitcoin is an unreliable unit of account. It uses the purchasing power of Bitcoin relative to Bosch dishwashers between January and November 2017 to illustrate 'severe deflation' of the currency, arguing that this volatility encourages hoarding rather than spending. The document bears a House Oversight Committee Bates stamp (HOUSE_OVERSIGHT_025677).
A Goldman Sachs Investment Management Division presentation slide (page 13) analyzing Bitcoin's inefficiency as a currency. The document argues that Bitcoin has high transaction fees (~$3.40), slow processing times, and low merchant acceptance compared to Visa/Mastercard, while also noting IRS tax implications. The document bears a House Oversight Committee Bates stamp (025676), suggesting it was part of a larger document production to Congress.
This document is a presentation slide from the Goldman Sachs Investment Management Division, dated circa late 2017, analyzing the rise of Initial Coin Offerings (ICOs) versus traditional Venture Capital. It presents data showing a massive surge in ICO fundraising in 2017 ($3.46 billion YTD) compared to previous years, and notes that by mid-2017, ICO fundraising had surpassed Angel & Seed VC funding for internet startups. The document bears a 'HOUSE_OVERSIGHT' Bates stamp, indicating it was part of a document production for a congressional investigation, though no specific connection to Jeffrey Epstein is explicitly mentioned in the text of this specific page.
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