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."

 

Full WSJ interview with Gorman below... (forward to 57:00 for bitcoin discussion)