CEO Goldman Sachs “you can't dismiss Bitcoin”

This seems to be a response to Jamie Dimon:

https://www.cnbc.com/2017/09/12/jpmorgan-ceo-jamie-dimon-rai...

> While Blankfein is cautious, other prominent leaders in the finance industry are downright suspicious.

> Blankfein stated during his interview, that while he’s still curious about the cryptocurrency and its future, he’s not about to invest in it either. However, the CEO also stated that he could envision a future where Bitcoin or derivative thereof could become the world’s fiat currency.

Two major highlights from the long article. Original interview here: https://www.bloomberg.com/news/articles/2017-11-02/blankfein...

You can’t dismiss it doesn’t mean it’s ready for prime time, FWIW.

“From what we can identify, the only reason today to buy or sell bitcoin is to make money, which is the very definition of speculation and the very definition of a bubble,” Thiam said. He added that in the history of finance, such speculation has “rarely led to a happy end.”

https://www.bloomberg.com/news/articles/2017-11-02/blankfein...