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Re: Goldman’s activity pumping and dumping IPO’s they knew to be worthless to screw over retail investors during the late 90s tech bubble. Read Matt Taibbi’s h

Re: Goldman’s activity pumping and dumping IPO’s they knew to be worthless to screw over retail investors during the late 90s tech bubble. Read Matt Taibbi’s hyperbolic yet mostly accurate Rolling Stone article for more info. It’s safe to assume Goldman isn’t neccesarily getting into bitcoin because it believes in the technology.

klipt 9y ago
They believe it will make them money, which is all they care about. Bitcoin probably won't cure cancer, but Goldman isn't in the business of curing cancer anyway...
- ISL 9y ago
  They would be if they knew how, as would almost anyone else.
  - klipt 9y ago
    Not really? There are professional oncology researchers out there but they work at universities, research hospitals, and pharma companies, not finance companies like Goldman.