Here we go again. The CEO of Goldman Sachs, David Solomon, published an op-ed in the Wall Street Journal headlined “Blockchain Is Much More Than Crypto,” which claims there’s a future for the technology—so long as that future gets to be determined by a small group of powerful people. Here’s a selection from the op-ed:
“I still see blockchain as a promising technology if allowed to innovate under the right conditions. Under the guidance of a regulated financial institution like ours, blockchain innovations can flourish,” Solomon wrote (emphasis mine). “Although some blockchain startups are calling for regulatory oversight, not all have the capability to meet such requirements because they are young organizations.”
