Banks and other financial institutions have opposed cryptocurrency for quite some time now. Major entities including Goldman Sachs have remained wary of Bitcoin, even though that situation is slowly changing.
In fact, the CEO of Goldman Sachs recently acknowledged there is no reason to dismiss Bitcoin whatsoever. This sudden change of heart comes at an interesting time, to say the very least.
Truth be told, Goldman Sachs has been far less aggressive when it comes to opposing Bitcoin compared to some other institutions.
It never closed customer bank accounts for buying or selling cryptocurrency, nor has its CEO attempted to discredit Bitcoin as a tulip mania.
Other banks, especially in the US, have some conflicting opinions in this regard, but that is only to be expected.
It is difficult to keep an open mind when it comes to a new form of money that may make banks completely obsolete in the future.
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good to hear the news.
When the price increase drastically, bankers see an opportunity to make a great profit!