Goldman Sachs: Bitcoin Isn’t a Currency But Tech Holds Promise

“A new Goldman Sachs report on digital currencies has found that while bitcoin is not a practical currency, its underlying ledger technology could hold promise.  In addition to its own researchers and scholars, Goldman Sachs also tapped a number of bitcoin advocates and critics, as well as industry veterans. Goldman Sachs envisions a future with more regulation and more security, but more regulation is not something that many in the bitcoin community desire at this point.  However, institutional investors will not get on board without a bulletproof regulatory framework and the collapse of Mt. Gox is bound to silence many critics.”

http://www.coindesk.com/goldman-sachs-bitcoin-isnt-currency-underlying-tech-holds-promise/

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