bitcoin (2)

Report: Goldman Sachs explores trading operation

Goldman Sachs is reportedly exploring a new trading platform specifically for cryptocurrencies, most notably Bitcoin. A spokeswoman for the bank said in a statement, "In response to client interest in digital currencies, we are exploring how best to serve them in this space." 

https://www.cnbc.com/2017/10/02/goldman-sachs-exploring-bitcoin-trading-operation-report-says.html

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Perhaps these are elevated abstractions and nonsense, as Buffett described them last month. Or maybe, as my friend put it, old white guys aren't the best judge of next level technology, and perhaps as Stanford economists have begun to note, the currency has enormous social utility and every bit as much metaphysical status as paper currency.
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