The Daily Hodl
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • ChainWire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • ChainWire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
No Result
View All Result
The Daily Hodl
No Result
View All Result

Bitcoin (BTC) Bear Goldman Sachs Seeking Engineer With Ethereum (ETH) Experience – Here’s Why

by Daily Hodl Staff
July 16, 2020
in Bitcoin, Ethereum

Goldman Sachs is looking for a software engineer with Ethereum (ETH) experience less than two months after officials at the banking giant blasted Bitcoin as a nonviable investment.

Goldman posted a job ad for a software engineer to work on Accelerate, an initiative focused on fostering innovation across the investment bank’s various divisions.

The firm is looking for someone with experience in distributed ledger technology, noting that familiarity with “Blockchain, R3, Ethereum, Solidity is a plus.”

The ad states that the engineer will work with the chief technology officer to design architecture for the core engineering platform, as well as “innovate with new technologies.”

In May, officials at Goldman expressed disagreement with increasing institutional investments in cryptocurrency, saying that digital assets do not “constitute a viable investment rationale.”

The firm’s analysts argued that BTC is not an asset class because it can’t create a cash flow, as bonds do. They also argued that the world’s leading cryptocurrency has a number of other factors working against it, saying it does not generate earnings through exposure to economic growth; it has not proved itself to be a reliable hedge against inflation; and it has been used to facilitate money laundering and purchases on the dark web.

The analysts’ comments generated significant pushback from high-profile members of the crypto community, who pointed to Goldman’s role in facilitating the billion-dollar 1MDB money laundering scandal.

Check Latest News Headlines


 
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured Image: Shutterstock/kkssr

Submit a Press Release

Industry Announcements

  • Sui Surpasses $150 Million in TVL, Showcasing Blistering DeFi Momentum
    November 30, 2023
  • Duelbits Announces Landmark Collaboration With Football Icon Luis Suárez
    November 29, 2023
  • BinaryX Launches AI Chat Game ‘AI Hero’ With Limited NFT Mints
    November 28, 2023
  • Binance Labs and BNB Chain Open New Founder-Focused Track To Incubate 100 Early-Stage Projects
    November 24, 2023
  • Socrates Launches Groundbreaking Social Media and Entertainment Platform for Web 3.0 Users Globally
    November 23, 2023
  • GCEX Receives Operational VASP License From Dubai’s Virtual Assets Regulatory Authority
    November 22, 2023
  • Yubo Ruan – Revolutionizing Web 3.0 With a Web 3.0 Super-App
    November 22, 2023
Submit a Guest Post
ADVERTISEMENT
Bitcoin
$38,172.23
$38,172.23
0.59%
Ethereum
$2,093.13
$2,093.13
2.84%
Cardano
$0.379189
$0.379189
0.33%
XRP
$0.610948
$0.610948
0.96%
Dogecoin
$0.083971
$0.083971
2.78%

Spotlight

  • ‘Beginning of the End’ – Crypto Bear Issues Urgent Bitcoin Warning, Says BTC Crash to $12,000 Still in the Cards
    November 23, 2023
  • Top Analyst Says Polygon Has Plenty of Fuel in the Tank, Updates Outlook on Bitcoin, Ethereum and Solana
    November 23, 2023
  • $2,907,170,360 in Ethereum Accumulated by 200 Largest ETH Whales in One Year, Says Analytics Firm Santiment
    November 23, 2023
  • Former Bloomberg Analyst Says AI, NFTs and Three More Crypto Use Cases Will Drive Blockchain Adoption
    November 23, 2023
DON'T MISS A BEAT
Crypto headlines delivered daily
to your inbox
BTC, ETH, XRP news alert options
By joining The Daily Hodl news list you agree to our
Terms and Conditions and Privacy Policy.
Featured Image: Shutterstock/Billion Photos

Covering the future of finance, including macro, bitcoin, ethereum, crypto, and web 3.

Categories

Bitcoin • Ethereum • Trading •
Altcoins • Futuremash • Financeflux •
Blockchain • Regulators • Scams •
HodlX • Press Releases

 

ABOUT US | EDITORIAL POLICY | PRIVACY POLICY
TERMS AND CONDITIONS | CONTACT | ADVERTISE

JOIN US ON TELEGRAM

JOIN US ON X

JOIN US ON FACEBOOK

COPYRIGHT © 2017-2023 THE DAILY HODL

No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • ChainWire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise

© 2023 The Daily Hodl