CFOs of Large Companies Shared Their Opinion on the Cryptocurrency

November 21, 2017

CFOs of Large Companies Shared Their Opinion on the Cryptocurrency

Chief financial officers, members of the CNBC Global CFO Council, became participants in the Bitcoin survey.

Of the 43 respondents who took part in the survey, 12 people called Bitcoin "real but in a state of a bubble", 6 respondents believe that it is "real and will continue to grow", 12 people called it "fraud", and 13 respondents admitted that they don't have sufficient knowledge of the topic to form an opinion. It is worth noting that the largest share of skeptics among respondents live in Europe, the Middle East and Africa.

Karim Hajjar, CFO of a Belgian chemical company and one of the respondents, said that the 'jury is out' on Bitcoin.

"It is not the currency that we use in a multi-billion dollar business, but we're curious. We are open to Bitcoin, but we have not found a way to integrate it into our business so far," he said.

"If a hypothetical client addresses us and says that he wants to buy our products for bitcoins, I will not turn him down, but I will try to find a way to sell the bitcoins purchased from him first, and only then will I take his order and try to satisfy his needs," Hajjar concluded.

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