Goldman Sachs CEO Open to Considering Bitcoin Trading Once Currency Becomes Established

Bitcoin may be used in crime, but the favourite currency of criminals all over the world remains the US dollar. Even JP Morgan Chase was found guilty of assisting money laundering in Switzerland. So the Goldman CEO was certainly on weak ground when highlighting that particular risk factor …
Google Alert – bitcoin

Bitcoin is a vehicle for fraudsters, warns Goldman Sachs boss

The boss of Goldman Sachs became the latest high-profile critic of bitcoin, claiming it is a vehicle to commit fraud as the value of the cryptocurrency plunged 20% in less than 24 hours. Lloyd Blankfein, chief executive of the US investment bank, said: “Something that moves 20% [overnight] does not feel …
Google Alert – bitcoin