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Author Topic: [20-06-2018] Goldman Sachs CEO: Bitcoin Would be Adopted just like Paper Money  (Read 28 times)
bitzamp.com
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June 20, 2018, 04:38:20 PM
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Goldman Sachs CEO: Bitcoin Would be Adopted just like Paper Money Replaced Gold and Silver Coins
During a talk at the Economic Club of New York, the president and CEO of Goldman Sachs gave an optimistic tone to Bitcoin by saying that “it’s not for me.” His latest statements are in line with those made in early November when he said that bitcoin could be a next step in the evolution

Read More: https://news.bitzamp.com/goldman-sachs-ceo-bitcoin-would-be-adopted-just-like-paper-money-replaced-gold-and-silver-coins/
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June 20, 2018, 06:22:58 PM
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Pointing at Bitcoin's transaction times and high fees is no longer a good argument without looking at how the second layer will tackle all inconveniences of the main chain. I expect every crypto currency to adopt second layers with how their blockchains only grow larger. Ethereum is already at a point where second layer technology should make sure that low priority data doesn't get stored in the blockchain for ever. The more ICO's run on top of Ethereum the more it will cripple. On top of that, people complain about Bitcoin being slow, but what about Ethereum? During ICO's transactions can remain stuck for more than 10 hours easily.... It's not necessarily bad, but it points out that network congestion means demand, demand that other coins are not experiencing. Smiley
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June 20, 2018, 07:22:26 PM
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The same CEO also said that he's not into BTC. It's still better than being against it, but he's not an enthusiast. His conservative banking background is keeping him at bay.
There's no point in looking for positive opinions among the bankers. They won't like it and we should deal with it. Horse chariot owners didn't like automobiles, but they had to keep on living. World changes whether we like it or not. Wink

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June 20, 2018, 08:05:07 PM
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The same CEO also said that he's not into BTC. It's still better than being against it, but he's not an enthusiast. His conservative banking background is keeping him at bay.
There's no point in looking for positive opinions among the bankers. They won't like it and we should deal with it. Horse chariot owners didn't like automobiles, but they had to keep on living. World changes whether we like it or not. Wink

Innovation or such changes cant really be stopped which means even though they dont like it or not preferred to make such transition then its their choice but they are already fully aware that they do exist but i rather believe that they do took consideration to make engagement when they do saw some convincing benefits specially with BTC or into Cryptocurrency itself. Im little bit tired on overall comments by either famous people or whatsoever.

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