Bitcoin’s Rise Is Becoming ‘Uncomfortable’ for Financial Incumbents as the Boss of JP Morgan Says the Media ‘Should Go Back to Something Relevant’

Lloyd Blankfein, the CEO of Goldman Sachs.

Lloyd Blankfein has been asked about bitcoin many times
in the past but even more so recently during the cryptocurrency’
s meteoric rise in value. Blankfein has stated before that he’s
uncomfortable with bitcoin and believes the market might be
overheated. In an interview with Kayla Tausche, Blankfein said:
“Maybe bitcoin is a kind of a bubble — I don’t like it — I’m not
comfortable with it.” Blankfein’s comments in Davos suggested
that Goldman Sachs is willing to deal with digital currency investors.

The mainstream media has been very interested in what CEOs of large
financial firms like Goldman Sachs and JP Morgan have to say about
this emerging technology. Following the interview with Lloyd Blankfein,
the CEO of JP Morgan Jamie Dimon was also inundated by the press in
Davos and asked to answer questions about bitcoin. Dimon who called
bitcoin a “fraud” last year has been very vocal against the cryptocurrency.

“I’m not going to say any more about the digital currency,” Dimon explains
this past Wednesday in Davos. Dimon clearly unimpressed with the media
concludes:

What do you think about Goldman Sach saying they are not launching
a trading desk one month after publications reported on the story? Do
you think the company really is interested in bitcoin and cryptocurrencies?
Let us know what you think in the comments below.
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source .https://news.bitcoin.com/goldman-sachs-ceo-bitcoin-trading-desk-rumors-are-not-true/