Goldman Sachs Plans to Clear Bitcoin Futures When They Go Live

high risk, high return!! LoL!!

The bigger it grows the harder it will fall. The design/implementation of bitcoin as a currency is severely flawed.

Projects like Ethereum, Hyperledger, and IOTA have a more long term focus. Full Disclosure: I have no positions in any crypto but have been reading a lot. Also, in the midst of two courses that go that cover crytpocurrencies and blockchain tech.

1. https://www.coursera.org/learn/cryptocurrency 2. https://www.edx.org/course/blockchain-business-introduction-...

#1 gives a very good history of what a blockchain is, and how is implemented by bitcoin. This is enough to keep me away since I have learned about all the technical flaws:

#2 discusses blockchains, and consensus algorithms. This project shows lots of promise. They just added code that allows the consensus algorithm to actually be changed via a transaction, without a hard fork.

Bitcoin gets all the credit for introducing the world to the blockchain concept, but its far from a sound solution as a cryptocurrency.

wow, these guys seem even shiftier than usual, trying to deflect whether or not they have a bitcoin strategy..

I have been trading crypto for 5 years now and it is a wet dream for rogue traders. There was a myriad of stories about traders and even banks that tried to pull of some shady statretgy in the stocks markets that the SEC shut down, those same strategies seem to be fair game in the crypto world, you just have to have pockets that are deep enough. My point is that if you are smart and think you can beat or even keep up with the crypto market, you will end up losing because it’s been rigged for years.

>"The decision to clear client trades will be made on a case-by-case basis, the person said."

Could someone say what "clearing the trades" mean here?