28 Sep '17, 4pm

The "Wolf Of Wall Street" Says Jamie Dimon Is Right About Bitcoin

The "Wolf Of Wall Street" Says Jamie Dimon Is Right About Bitcoin

Surprisingly, given bitcoin’s role in helping disrupt the financial services industry, not every Wall Street CEO shares Dimon’s dim view on the digital currency. Two days ago, Morgan Stanley CEO James Gorman told WSJ that he believes Dimon is wrong and that "bitcoin is certainly more than a fad.” However, he conceded that “there is a government risk to it” – alluding to Chinese authorities’ decision to shutter local bitcoin exchanges. Joining Dimon and Belfort in the skeptics’ corner is Bridgewater Associates Founder Ray Dalio , who said last week that he believes bitcoin is in a bubble.

Full article: http://www.zerohedge.com/news/2017-09-28/wolf-wall-street...

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