live. Schmidt is looking at trading actual Bitcoin or physical Bitcoin, as it is somewhat ironically called if the bank can secure regulatory approval from the Federal Reserve and New York authorities. They never saw it coming. Dollar has served its purpose relatively well, Goldman Sachs strategists Zach Pandl and Charles Himmelberg wrote in a report Wednesday.
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Bitcoin is for criminals. Bitcoin is a bubble. In the year 2000, Ecuador simply gave up on its basket case currency, the sucre, and adopted the dollar. Gallery: America's Best And Worst Banks 2018 21 images, view gallery. In certain parts of the world, and at points throughout history, currencies have evaporated or lost half their value. It will also create its own, more flexible version of a future, known as a non-deliverable forward, which it will offer to clients. Goldman is already setting up a trading desk.
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