After Bitcoin ‘Betrayal,’ Goldman Sachs Is Suddenly Betting Big On Crypto And Blockchain

in hive-175254 •  4 years ago 

Is it a good sign for crypto world?

Goldman Sachs "betrayed" Bitcoin supporters in May of this year after the 2017 epic Bitcoin rally to around $20,000, with Buzzfeed style turning bitcoin and crypto that it shouldn't be considered into asset classes.

Goldman Sachs is now appointed as the new global head of digital assets and is reportedly seeking to follow JPMorgan's footsteps and create its own blockchain-based answer to Bitcoin.

Earlier this week, a survey of bitcoin, cryptocurrencies, and blockchain company chain-alizations revealed that Wall Street giants are gradually making large-scale transfers of bitcoin and cryptocurrencies.

What do you think?

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I think they purposely turned it down a few months ago because they weren't ready to go public, but I'm sure they have been supporters ALL ALONG on the cryptocurrency issue. Just keeping it hush-hush.

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