This post was originally published on this site
It’s Jamie versus James. James Gorman, CEO of Morgan Stanley doesn’t know where prices of bitcoin or its ilk will be in the coming days but he knows one thing. “It’s not a fad…it’s not going away,” he told CNBC during a Thursday interview, referring to the nascent cryptocurrency industry as he also discussed the investment bank’s third-quarter results.
Gorman’s take on bitcoinBTCUSD and EtherETHUSD on the Ethereum blockchain feels miles from his counterpart at JPMorgan Chase & Co. JPM.
Earlier…