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RE: Goldman Sachs and IMF Chief eyes opportunities in Cryptocurrency....My thoughts laced with euphoria of hope..."Adapt your financial portfolio to reflect current market trends"...
well said @daudimitch. crypto currencies is a game changer in this world being a decentralized platform, and is making governments and central bankers worried. that is why people like Jamie Dimon, spreading fake news about it where in fact, his company is hoarding bitcoins to their advantage.
Banking is not for the weak, JPMorgan built quite a reputation, they have to do whats necessary to stay on top...I believe Blankflein smell that coffee and is positioning his exposure, kind of make sense why they were one of the few profitable banks during 2008 and still manage to get a share of that bailout...the IMF is also positioning themselves, its left up us to realize the trends and position ourselves accordingly...having exposure to cryptocurrencies is imperative and you should never get tied up in the debate of death to the fiat, they gonna be around for awhile but cryptocurrency would probably pave the way for better fiscal policy and probably override certain fiat currencies if their Central bankers can't enact balancing policies