Big Morgan CEO says he has respect for cryptocurrencies, in contrast to Little Morgan CEO

By    20 Jan,2022

Morgan Stanley (MS.US) CEO Gorman said it has a respectful attitude toward cryptocurrencies. He said, "I don't think cryptocurrency is going to be a flash in the pan, it's not just going to disappear, and I don't know what value Bitcoin should reach. But these things don't finish, and the blockchain technology behind it that supports it is clearly very real and powerful."

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Gorman's comments are in stark contrast to JPMorgan Chase (JPM.US) CEO Dimon. Dimon believes bitcoin is "worthless" and said a few days ago, "Regardless of what other people think, the government will regulate it, and that will be for anti-money laundering purposes, bank secrecy laws and tax purposes."


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