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)
via http://ift.tt/2ytprzG Tyler Durden