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Goldman Sachs CEO Lloyd Blankfein: I'm Open to Bitcoin

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Goldman Sachs CEO Lloyd Blankfein says he's not comfortable with bitcoin, but that he's open to cryptocurrency.

In an interview with Bloomberg at the Goldman Sachs Sustainable Finance Innovation Forum in New York, the CEO said he had a "level of discomfort" over bitcoin as he did it for all that is new. His comments were aimed at answering questions about his feelings about bitcoin futures, as recently proposed by the CME group.

Citing new technological developments like cell phones, Blankfein continued: "I have learned over the years that there are many things that work well that I do not like. "

He continued:

"Maybe in the new world, something is supported by the consensus … If we go into the future and bitcoins succeed, I would be able to explain how it works. is a natural evolution of money.

The bank manager's comments come after a remark last month on his Twitter account in which Blankfein "still thinks of Bitcoin" and that he does not "endorse" or "reject" it. The comment was in contrast to that of his counterpart at JPMorgan Chase, CEO Jamin Dimon, who now-famous said that Bitcoin is a "fraud."

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On a closing note, Blankfein said that he had no investment in cryptocurrency.

Image of Lloyd Blankfein via The Aspen Institute / Youtube


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