Goldman Sachs CEO Lloyd Blankfein Open to Bitcoin

0
453

Goldman Sachs CEO Lloyd Blankfein stated that he is open to bitcoin, but he isn’t contented with the cryptocurrency.

MAKE SURE TO FOLLOW US ON TWITTER: @BLCKCHAINDAILY

At the Goldman Sachs Sustainable Finance Innovation Forum in New York, Blankfein was questioned about the technology by Bloomberg after news broke that CME Group intends to commence bitcoin futures in the fourth quarter, awaiting regulatory approval.

Blankfein said that he holds a “level of discomfort” regarding bitcoin as with anything that is original and unfamiliar.

“I’ve learned over the years that there’s a lot of things that workout pretty well that I don’t love,” Blankfein said.

“Maybe in the new world, something gets backed by consensus … If we went into the future and bitcoins were successful, I would be able to explain how it’s a natural evolution of money.”

Last month, Blankfein wrote on Twitter “Still thinking about #Bitcoin. No conclusion – not endorsing/rejecting. Know that folks also were skeptical when paper money displaced gold.”

The comments are in stark contrast to JPMorgan Chase CEO, Jamie Dimon, who in-famously called bitcoin a “fraud.”

Blankfein concluded by saying that he doesn’t hold any investments in bitcoin.

CLICK HERE FOR MORE BLOCKCHAIN NEWS

Donate BTC: 13xyfdE1ERCu6ZaZ6Ejj7x6B7au8GJXont
Donate LTC: LeVDY175o9B5PZJzPihAAFqCVcFHRaiVsB
Donate ETH: 0x3930890DC36E40e17c280aF5A80cEAC30732cFB9

Leave a Reply