Posted by & filed under Governments & Regulators, Growth & Valuation, Personal Finance.

Description: SAN FRANCISCO — Most big banks have tried to stay far away from the scandal-tainted virtual currency Bitcoin. But Goldman Sachs, perhaps the most storied name in finance, is bucking the risks and moving ahead with plans to set up what appears to be the first Bitcoin trading operation at a Wall Street bank.

Source: NYTimes.com

Date: May 02, 2018

Link: https://www.nytimes.com/2018/05/02/technology/bitcoin-goldman-sachs.html?rref=collection%2Fsectioncollection%2Fbusiness&action=click&contentCollection=business&region=stream&module=stream_unit&version=latest&contentPlacement=10&pgtype=sectionfront

Questions for discussion:

  • Why do you think Goldman is doing this?
  • How do you think it will affect this industry?
  • Should investors change their thinking about currencies?

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