- Goldman Sachs Chairman and CEO Lloyd Blankfein says he has no conclusion on bitcoin, one day after the investment bank said it is exploring a digital currency operation.
- Blankfein says he's "still thinking about #Bitcoin" and doesn't endorse or reject it.
- The comment contrasts with JPMorgan's Jamie Dimon, who called bitcoin a "fraud," and Morgan Stanley's James Gorman, who said cryptocurrencies are "certainly something more than just a fad."
I'm "still thinking about #Bitcoin," Lloyd Blankfein, chairman and CEO of Goldman Sachs, said in a tweet. I have "no conclusion. [I'm] not endorsing/rejecting."
I "know that folks also were skeptical when paper money displaced gold," Blankfein said.
On Monday, Goldman Sachs said in response to client interest, it is exploring a new trading operation focused on bitcoin and other digital currencies.
Morgan Stanley CEO James Gorman took the other side and said cryptocurrencies are "certainly something more than just a fad" and have "a sort of government risk factor."