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http://coremedia.info/blockchain-news/item/964-morgan-stanley-ceo-gorman-says-bitcoin-is-more-than-just-a-fad-bitcoin-s-price-risesMorgan Stanley CEO Gorman Says Bitcoin Is "More Than Just a Fad", Bitcoin's Price Rises
Francisco Memoria
Morgan Stanley’s CEO, James Gorman, recently shared his belief that bitcoin is “more than just a fad,” revealing that his views on the cryptocurrency differ from those of his rival Jamie Dimon, who said bitcoin was in a bubble worse than the 17th-century Dutch tulip bubble.
Earlier this month, JP Morgan’s chief executive Jamie Dimon stated that bitcoin was a fraud, causing bitcoin’s price to fall by about 24%. After the fall, JP Morgan bought €3 million worth of Bitcoin ETNs, reportedly on behalf of its clients, which led to a bitcoin market maker – Blockswater – filing a market abuse report against the...
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