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RE: 📰 Goldman Sachs Still Thinking About Bitcoin

in #news7 years ago

My view is Lloyd will make his "decision" after Goldman Sachs had time to amass a significant holding in Bitcoin and other cryptocurrencies.

Bankers like to say one things while doing the exact opposite. Just like Dimon was out there blasting BTC calling it a fraud only to find out JPM was buying it a day or two later.

I do not believe Lloyd is any different. Hell GS paid a multi billion dollar fine for shorting mortgage backed securities while touting how wonderful they were to their clients who they were sell long to.

If Lloyd can make a buck, he will get into it. And Cryptos are more legit than half the crap(read derivatives) Wall Street sells.

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They always take every possibility to make some more money. In cryptos it might just be a little different story as the investment could be worth 50% less in a single day.