Goldman Sachs in 2017: Bitcoin is a vehicle for Fraudsters. Goldman Sachs in 2022: We are allowing our wealthiest clients to invest in a suite of BTC investment vehicles. BTC humbled them in just half a decade
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It only took em 5 years to completely flip their stance from this
"Something that moves 20% [overnight] does not feel like a currency. It is a vehicle to perpetrate fraud"
To this
"We are working closely with teams across the firm to explore ways to offer thoughtful and appropriate access to the ecosystem for private wealth clients"
"There are also a large contingent of clients who feel like we’re sitting at the dawn of a new Internet in some ways and are looking for ways to participate in this space"
"We’re still in the very nascent stages of this ecosystem; But I think it’s fairly safe to expect it will be part of our future."
So from a vehicle for fraudsters to the dawn of a new internet that their wealthiest clients cant wait to invest in. And these are the people we are supposed to trust to invest our money huh?
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