A few hours after Newsweek released its story about the man it alleged to be Satoshi Nakamoto, in March 2014, Goldman Sachs invited Barry Silbert, Chris Larsen and Paul Walker to their New York headquarters to talk to their clients about Satoshi's creation - bitcoin.
"It's either going to change everything, or nothing," Silbert said. To appeal to all the financial minds in the room, Larsen said that all the early problems surrounding Bitcoin had obscured the fact that the technology underlying it made something possible that had never been possible before. "The world now knows how to confirm financial transactions without a central operator," he said. It was, though, Walker, the high-ranking Goldman executive, who provided the most encouraging comments about the technology. He said the conceptual advances made by Bitcoin weren't just clever; they were useful in ways that could influence the future financial system. He also indicated that the bank was taking a hard look at how the blockchain might be used to change basic things about how banks do business.