
“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/
Related posts:
Uncle Sam Wants Your Keys, Says 'Trust Me'
If Snowden's A Terrorist, What About Uber and Airbnb?
Jim Rogers: I Bought More Gold Today; Bull Market Far From Over
Vladimir Putin: The US Administration is Lying Shamelessly about Syria
The NSA Is Hiring! And Following A Pittsburgh Car Dealership On Its Twitter Account?
Bitcoin Arcade Machine is ‘On Like Donkey Kong’
US Fires Back In Antiguan Gambling Spat
New Orleans Police Officer Jailed for 2012 Drug War Killing
The Blank Slate State
ICE is about to start tracking license plates across the US
Cuba: No More Exit Visas!
ANZ opens Gold vault in Singapore
British SAS Special Forces “Dressed Up as ISIS Rebels” Fighting in Syria
NDAA Indefinite Detention Reinstated by Appeals Court
Bruce Jessen: The Torturer in the Pulpit