Bitcoin akin to gold but lacks liquidity, says Goldman's Jeff Curie

Bitcoin akin to gold but lacks liquidity, says Goldman's Jeff Curie

A cyclist passes the entrance to the La Maison du Bitcoin bank in Paris, France, on Thursday, Nov. 23, 2017. Photographer: Christophe Morin/Bloomberg

Bitcoin is a commodity with many similarities to gold, and the volatility that has sparked investor concern stems mainly from its lack of liquidity, said Jeff Currie, global head of commodities research for Goldman Sachs Group Inc.

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