Morgan Stanley CEO Rejects Dimon: „Bitcoin Is Certainly More Than A Fad“

Two weeks after JPMorgan CEO Jamie Dimon’s now infamous „Bitcoin is a fraud“ comments, Morgan Stanley CEO James Gorman told The Wall Street Journal today that Dimon is wrong and „Bitcoin is certainly more than a fad… the concept of an anonymous currency is an interesting concept.“

Gorman added that Bitcoin faces questions over regulation and entry barriers… „There is a government risk to it… I don’t think it should be illegal.“