why do you think coinbase is a "goldman sachs operation"?
Fred Ehrsam joins CoinbasePrior to joining Coinbase, Fred worked at Goldman Sachs as a foreign exchange trader, where he traded both manually and managed their electronic market making platform, supporting in the $ billions in flow a day. Fred has also worked at BlackRock, one of the largest asset managers in the world, and has been published in the Duke Journal of Economics. Fred graduated with latin honors and departmental distinction in computer science and economics at Duke.
I find it hard to believe that a young man would leave a promising career at GS to work at a shitty little startup. He's been tasked to get bitcoins.
The Blackrock connection is a giveaway. They're the Jesuits of Money.
goldman sachs i could write off, blackrock i could write off. goldman sachs + blackrock not so much. thanks for the info. i think you are definately right then, they plan to buy quietly and slowly and at some opportune time dump it all in a split second.
if the bitcoin community understand this than it will be nothing more than a great buying opportunity, if they do not than it could start a panic. we shall see.