The Head of Morgan Stanley James Gorman Supports Bitcoin

September 27, 2017

The Head of Morgan Stanley James Gorman Supports Bitcoin

Quite recently during an event hosted by the Wall Street Journal James Gorman, CEO of Morgan Stanley, spoke highly of cryptocurrencies.

"The concept of anonymous currency is a very interesting concept – interesting for the privacy protections it gives people, interesting because what it says to the central banking system about controlling that," he said.

There are two things that are especially interesting in this story. Firstly, in spite of the favourable review of digital currency, James Gorman didn't think to invest in cryptocurrency. Secondly, some years ago he stated that Bitcoin was complete superrealism and nonsense.

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