During Bitcoin's early stages, major financial institutions held conflicting viewpoints. Many businesses already accept Bitcoin, with some even announcing plans to provide Bitcoin and cryptocurrency investment services to their customers. Morgan Stanley, JPMorgan, Goldman Sachs, Visa, PayPal, and others all took opposing positions on the most famous cryptocurrency. It suggests that Bitcoin and other cryptocurrencies are becoming more common, and that they are on their way to becoming a generally recognised payment and asset class.