Bitcoin is a Megatrend, says Goldman Sachs

Bitcoin is a Megatrend, says Goldman Sachs

A report written by two payments analysts, James Schneider and SK Prasad Borra, at the Goldman Sachs research division, has stated that Bitcoin and cryptocurrencies are part of a technology megatrend that could fundamentally alter the transactions mechanism. The report titled, The Future of Finance: Redefining The Way We Pay in the Next Decade, was released yesterday and was second in a series, which has earlier taken up rise of the shadow banks. The report suggests that if the concerns regarding the safety of funds are taken care of, along with implementation of the Big Data, Bitcoin,....


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