Make no mistake: Goldman Sachs doesn’t particularly like Bitcoin. But that doesn’t mean the investment banking giant doesn’t see some potential in the virtual currency. In a report published yesterday, Goldman’s chief markets economist Dominic Wilson noted that Bitcoin is not a traditional currency, and is unlikely to ever work as one. Without state control […]

Investment banking giant Goldman Sachs has made an initial assessment of Bitcoin, deeming it “a bit dangerous” as a commercial offering. In a report leaked to TechCrunch, the bank claims that “it has become hard to separate the effect of hype surrounding the currency from its fundamentals.” The Goldman report cites the lack of a […]