
It’s a question that famous investors, CEOs and economists can’t escape. And collectively, the brightest minds in finance don’t agree. Is it a bubble? A safe haven for criminals? Or the most important disruptive technology of our time?
It depends who you ask.
Jamie Dimon famously called the cryptocurrency a fraud. Others think it’s in a bubble. But nobody doubts the alchemy by which bitcoin has been able to turn curiosity into rampant speculation. The price of a single bitcoin recently surpassed $6,000, pushing its market capitalization above $100 billion, according to
But the returns are part of the problem. Currencies need low levels of volatility to be effective, argues Ray Dalio, founder of investment firm Bridgewater Associates. And the anonymity provided by the blockchain is a major problem for regulators who don’t want to see the platform used for money laundering or funding terrorism.
If you or your clients decide to invest in bitcoin, Dallas Mavericks owner Mark Cuban has some advice. “Pretend you've already lost your money,” he says.
One thing’s for certain — as long as the price of cryptocurrencies keep rising, the powers that be will be pestered by the bitcoin question.
Click through to read what finance’s best and brightest think about bitcoin.

Jamie Dimon, CEO, JPMorgan Chase

Mark Cuban, Dallas Mavericks owner and “Shark Tank” star

Abigail Johnson, CEO, Fidelity

Brian Moynihan, CEO, Bank of America

Sergio Ermotti, CEO, UBS

Lloyd Blankfein, CEO, Goldman Sachs

Carolyn Wilkins, senior deputy governor, Bank of Canada

Fan Bao, CEO, China Renaissance

Larry Fink, CEO, Blackrock

Ben Bernanke, former chairman of the Federal Reserve

Christine Lagarde, managing director, IMF

Bill Gates, co-founder of Microsoft

Mario Draghi, president, European Central Bank

Ray Dalio, founder, Bridgewater Associates

James Gorman, CEO, Morgan Stanley

Michael Corbat, CEO, Citigroup
