Morgan Stanley CEO: ‘Bitcoin Is More Than Just a Fad’
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Morgan Stanley CEO: ‘Bitcoin Is More Than Just a Fad’

THELOGICALINDIAN - The CEO of Morgan Stanley James Gorman said that Bitcoin is More Than Just a Fad

Bad Publicity For Bitcoin

Earlier this month, account emerged about comments from the CEO of JP Morgan, Jamie Dimon, calling Bitcoin a “fraud” and “worse than tulip bulbs.”  Shortly afterwards Jamie Dimon fabricated his comments, the London-based algorithmic clamminess provider, Blockswater, filed a report with the Swedish Financial Supervisory Authority (FI) adjoin him for bazaar abuse. Florian Schweitzer, managing accomplice at Blockswater, said the afterward in  a statement:

The Bitcoin amount took a above hit with Dimon’s comments, but now it seems that the amount is rapidly convalescent to a advantageous level.

In an accident captivated by the Wall Street Journal, the CEO of Morgan Stanley, James Gorman, seemed to disagree with Jamie Dimon’s assessment apropos Bitcoin. According to a address by Bloomberg, James Gorman declared afterward about Bitcoin:

He additionally added:

James Gorman also differentiated amid Bitcoin as a bill and the blockchain technology, which he acclaimed can be actual advantageous for a lot of industries such as tech and finance.

What are your thoughts on James Gorman’s assessment about Bitcoin? Do you additionally anticipate that Bitcoin is added than aloof a fad? Let us apperceive in the comments below!

Images address of Pixabay.