while the general talk of bitcoin being in a bubble seems to be deflating among those who are in the market there is still a strong feeling that it could pop with the institutionalized cfo of a number of key companies .
CNBC surveyed 97 CFO from companies that range from AT&T aviva levi and mastercard and withing that group 43 responded . of those that did almost 30 percent of them said they believed that bitcoin is real but in a bubble .
this sound like the typical gloom and doom from the major companies who are either too arrogant to investigate further or simply do not understand . in fact the highest percentage of the cfo 30.2 percents said they do not know enough to offer an opinion .
however there is a growing number of these traditional company finance heads who are starting to see the light .
in the survey 14 percent of the cfo stated they believe bitcoin is real and still going higher .
wall street divide
when it comes to institutionalized money as well as companies who operate in the traditional money market there is still a great divide on the opinion of bitcoin . however the view on it has been softening as the digital currency continues to overcome hurdles .
recent hurdles such as the canceling of segwit2x and bitcoin cash rally have not slowed down bitcoins rise and even on the altcoin space huge steps are being made into traditional companies .
in fact ripple recently partnered with the likes of AMEX and santander which saw that digital currency value rise almost 25 percents .
the jury is out
karim hajjar chief financial officer of solvay said that the jury is out on bitcoin .
it is not a currency we are using for a multi billion dollar business .......it is something we are curious about we are very very open to but we have not found a way to really integrate it into our business " hajjar said " .
if a hypothetical customer comes to us and says i have a bunch of bitcoins to by your products first thing i'll probably want to do is not turn them away but probably find a way to sell those bitcoins before i commit to the order and then really make sure we meet the needs of that customer .
it is still a view of fear and speculation over the rocketing digital currency : making sure there is a way to be rid of it as quick as possible rather than collecting and embracing it .
others like overstock.com have taken the opposite approach and are benefiting hugely from being and early adopter in the retail of bitcoin .
broad spectrum of opinions
from overstock.com whose CEO patrick byrne has said ;; the disparity between virtually no merchant acceptance and bitcoins rapid appreciations is striding to mastercard CEO ajay banga who calls it junk the opinions vary .
what is certain though is that there is certainly a growth of interest from institutional investors and even companies . microsoft has taken the plunge and others are slowly following suit .