Goldman Sachs (GS) CEO Blankfein Says He's Still Thinking About Bitcoin

October 3, 2017 2:14 PM EDT

(Updated - October 3, 2017 2:22 PM EDT)

Goldman Sachs (NYSE: GS) Chairman and CEO Lloyd Blankfein said he is "still thinking about Bitcoin" in a twitter post. Recent reports suggested Goldman Sachs was exploring new trading operations for Bitcoin and other digital currencies.

"No conclusion - not endorsing/rejecting. Know that folks also were skeptical when paper money displaced gold," Blankfein wrote.

Rival JPMorgan CEO Jamie Dimon called the digital currency "a fraud" last month.



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JPMorgan, Goldman Sachs, Jamie Dimon, Bitcoin