Goldman Sachs Entering The Cyrpto Game And What It Means

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Goldman is looking to access crypto, at least through Blackrock's ETF. Of course, when it comes to the banks, we have to be careful. They are always doing stuff behind the scenese, off balance sheet.

In this video I discuss how, while this is not great for the values crypto espoused, it is a nice layer of protection against the political establishment. Goldman is also known as "Government" Sachs. Even Gary Gensler is a Goldman alum. If money is being made by these banks, they are not going to easily give up the Golden Goose because politicians want to throw their weight around.


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I guess I misread an article I read before, since I thought that they were already involved in crypto in some way. By the way you put it, it seems I can consider them as a necessary evil to protect crypto against too much meddling of the government.

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