A few days ago it was reported that Goldman Sachs was considering getting involved with the trading of Bitcoin and other cryptocurrencies.

The reasoning was reported to be client demand.

It appears there was certainly some truth to those rumors:

Lloyd Blankfein (CEO of Goldman) went to twitter to announce that he is certainly considering his options regarding Bitcoin, though nothing was finalized at this stage.

You mean not all Wall Street banksters think alike?

Blankfein's thoughts on cryptocurrency and Bitcoin come in stark contrast to Mr. Jamie Dimon's from a few weeks back.

I guess even friends sometimes see things differently...

Either way, this is overwhelmingly positive news for the entire space as Goldman could bring in many new dollars to the space. 

The fact that Goldman is even considering getting involved is good news.

The last line of the tweet was the most interesting/telling to me.

"People were also skeptical of paper money when it displaced gold"

If that isn't a hint at which direction Blankfein is leaning, I am not sure what is.

Clearly he is thinking that this could possibly disrupt paper money at some point and is looking at all the angles because of it.

It's impossible to stop an idea whose time has come...

Stay informed my friends.

Sources:

https://twitter.com/lloydblankfein

Image Sources:

https://twitter.com/lloydblankfein

https://dealbreaker.com/2017/01/lloyd-blankfein-jamie-dimon-similar-tune-dodd-frank/

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