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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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by COINS NEWS 193 Views

It only took em 5 years to completely flip their stance from this

https://www.theguardian.com/business/2017/nov/30/bitcoin-is-a-vehicle-for-fraudsters-warns-goldman-sachs-boss

"Something that moves 20% [overnight] does not feel like a currency. It is a vehicle to perpetrate fraud"

To this

https://www.cnbc.com/2021/03/31/bitcoin-goldman-is-close-to-offering-bitcoin-to-its-richest-clients.html

"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?

submitted by /u/DrToxo
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