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RE: Goldman Sachs On The Cryptocurrency Market

in #cryptocurrency7 years ago

Good article! Im also not too excited for GS to be involved in our new free monetary system. But, like you mentioned they can bring others into the space as well, if they join and leave well enough alone, it could be good for us who are already positioned.

"The obvious implications of having such a concentration of capital in a handful of cryptocurrencies is that the cryptocurrency market is really only being driven by the performance of a few coins."

This doesn't sound to far off from the US markets and FANG (Facebook,apple, netflix google)
So not really sure what the point is there

F&UV