Bitcoin has repeatedly pushed to new all-time-high price marks since the election, but it’s still no threat to the U.S. dollar, Goldman Sachs’ CEO said during a televised appearance Wednesday.  

In an interview with CNBC “Squawk Box” host Andrew Ross Sorkin, Goldman head David Solomon said Bitcoin is not in competition with the U.S. dollar—a major sticking point for proponents and critics of the digital asset. 

“I don’t see Bitcoin as a threat to the US dollar,” Solomon said. “At the end of the day, I’m a big believer in the U.S. dollar… [and] Bitcoin is a speculative asset, an interesting speculative