In a CNBC interview today, Goldman Sachs CEO David Solomon said that bitcoin “could be a store of value.”

The answer came in response to CNBC’s Joe Kernan’s questions around the viability of bitcoin as a reserve asset, similar to gold reserves.

Solomon, however, acknowledged that bitcoin could also be a “speculative investment” without a “real use case,” though the underlying technology is “super interesting.”

He analogized bitcoin to gold, as a non-productive asset which doesn’t generate income.

Read more: Bitcoin price gains momentum as ‘store of value’ amidst banking turmoil

The Goldman Sachs CEO has historically praised the merits of blockchain technology….

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