Former Goldman Sachs CFO: Dollars Announces Bitcoin and Stablecoins

According to The Block, R. Martin Chavez, an expert at Stanford University and former chief financial officer of Goldman Sachs, examines some of the changes at the intersection of health and technology from a novel coronavirus in an interview. The world of conflict, for example, has breathed new life into the field of telemedicine. He also considers Bitcoin "excellent research", but also explains why Bitcoin does not adhere to financial models. Chavez compared the spread of COVID-19 to the 2008 financial crisis and warned policymakers. This awareness is an opportunity to test how we can develop better systems, especially in the medical and industrial sectors. At the same time, it highlights the potential role of digital dividends by US central banks tasked with implementing support measures. Although Chavez supports blockchain-based digital payments, he does not see fixed funds as a viable alternative.