30 Nov '17, 11pm

Goldman Sachs CEO Open to Considering Bitcoin Trading Once Currency Becomes Established

Goldman Sachs CEO Open to Considering Bitcoin Trading Once Currency Becomes Established

Goldman Sachs ’ CEO Lloyd Blankfein has been one of the most open-minded Wall Street CEOs on Bitcoin. He isn’t a Bitcoin bull like Michael Novogratz ; but neither has he derided the currency as has JP Morgan Chase CEO Jamie Dimon . In fact, Blankfein has even pointed out that people distrusted paper currency when it was first introduced and later accepted it. The implication of his statement is that Bitcoin could become an acceptable means of exchanging value in the future, even if it isn’t widely accepted today. In an interview with Bloomberg , Blankfein said: [Bitcoin] is not for me. But there is a lot of things that there weren't for me in the past that have worked out very well. If it was 20 years forward and it worked out, I could tell you why it worked out. But based on everything that I know, I am not guessing that it will work out. Vehicle to perpetrate fraud Lloyd...

Full article: https://cointelegraph.com/news/goldman-sachs-ceo-open-to-...

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