Bitcoin’s rise may be like when ‘paper money displaced gold,’ says Goldman’s CEO

Goldman Sachs CEO Lloyd Blankfein is weighing in on the biggest debate raging on Wall Street: the prospect for the burgeoning market for digital currencies. In a tweet, the prominent Wall Street executive and former trader appeared to signal that the jury is still out on bitcoin, but also cautioned skeptics to consider that the rise of paper money over gold might also have fostered similar doubts from market stalwarts.

Solution News Source

Bitcoin’s rise may be like when ‘paper money displaced gold,’ says Goldman’s CEO

Goldman Sachs CEO Lloyd Blankfein is weighing in on the biggest debate raging on Wall Street: the prospect for the burgeoning market for digital currencies. In a tweet, the prominent Wall Street executive and former trader appeared to signal that the jury is still out on bitcoin, but also cautioned skeptics to consider that the rise of paper money over gold might also have fostered similar doubts from market stalwarts.

Solution News Source

SIGN UP

TO GET A Free DAILY DOSE OF OPTIMISM

Optimist Subscriber
Delivery Frequency *
reCAPTCHA

We respect your privacy and take protecting it seriously. Privacy Policy