Morgan Stanley CEO Comments that Bitcoin is ‘More Than Just a Fad’

  • In opposing views from J.P. Morgan’s CEO Jamie Dimon, who called Bitcoin ‘a fraud’, the CEO of Morgan Stanley, James Gorman, said that Bitcoin was ‘certainly something more than a fad’
  • Gorman also stated about Bitcoin that ‘The concept of anonymous currency is a very interesting concept — interesting for the privacy protections it gives people, interesting because what it says to the central banking system about controlling that’
  • The comments come as talk about Bitcoin has increased in recent months due to the rapid appreciation of the digital currency