Goldman Betting on Cryptocurrencies

[Marina Schwarz + 1,576]

A startup backed by Goldman Sachs, among others, has gone on the hunt for personnel for its crypto exchange. Does Goldman's participation lend more credibility to cryptocurrencies?

[Rodent + 1,424]

 

1 hour ago, Marina Schwarz said:

A startup backed by Goldman Sachs, among others, has gone on the hunt for personnel for its crypto exchange. Does Goldman's participation lend more credibility to cryptocurrencies?

I think so. I mean, the trading world has clearly already embraced crypto. It's the institutions that are lagging behind in viewing crypto as a legitimate currency. I can't determine if the institutional world (banks, etc) has failed to embrace it due to snobbery, looking out for its own survival, or legitimate fear of the inherent risk. 

[CameronMcGrath + 3]

Yeah, I think so too

[TherWalkSv + 1]

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Edited February 18, 2021 by TherWalkSv

[Ouallan + 1]

Crypto is the power.

[PaulLind 0]

Thanks for the information !