PayPal CEO said bitcoin SCAM !

[Crypto_lion]

Bitcoin is Scam. Short-lived CEO and co-founder of PayPal - Bill Harris has written his own opinion on cryptocurrency, Bitcoin. According to him, he claims that bitcoin is a fraud. He said it was an incredible pump and dump scheme, never seen or experienced in the world.

Well what else did we expect his operation is being threatened by the emergence of the crypto currency.Although there is also a bit of truth about the market manipulation that exists thanks to the whales

[Thian778]

It is his opinion anyway, since perhaps they receives Bitcoin as payment on their service but suddenly has their losses during the dip, and most half of their earning was loss and he says it scam that Bitcoin suddenly changes its price, but he don't know the real character of the Bitcoin and just keep saying it is scam, poor him.

[disconnectme]

I think that is his opinion, I could remember Soros calling BTC a scam also but the company is now trading Cryptocurrencies now, The level of information in his disposal is what he based his conclusion on and future will decide if he is right or wrong

[3DBrushes]

Did you expect them to call it as a legit way to transfer money? I hope it's no. Nobody likes to praise their competitors so easily and PayPal is also one of them doing the same thing again and again.

[Prosperityforall]

Well, I don't think this kind of talks is legit. This is simply discouraging of BTC just make other people using Paypal. But it won't work anyway. Everyone knows, that bitcoin is far better way to transfer money rather that using paypal

[indobitcoin.tk]

I think what he said is not based on facts and analysis that exists today. of course, many people know about the value of bitcoin currently. If said this is a scam isn't that precisely a public lie.

[btcyoda]

See when it comes to Bitcoin each one has his own view about the Bitcoin, Previously Jp Morgan start propagating negativity about the Bitcoin but now today he is setting up an office for blockchain developments. So each one of us has the right to talk because Bitcoin is decentralized.

[1020kingz]

Bill Harris regrets so much he didn't buy into a cheap bitcoin... so he's whining and complaining now. So typical situation, I think most folks are in that situation and some people 'hate' BTC for the missing life opportunity. Real world problems
 guys...

Yes this is correct in my opinion. They make a FUDs in bitcoin name because of they regret that they didn’t bought bitcoin way back its price is 50$ or even 300$. So they’re making this kind of rally to put down bitcoins price so that they can buy it to earn more profit in the future, realistic whale strategy.

[ATSgrowth]

Bitcoin is Scam. Short-lived CEO and co-founder of PayPal - Bill Harris has written his own opinion on cryptocurrency, Bitcoin. According to him, he claims that bitcoin is a fraud. He said it was an incredible pump and dump scheme, never seen or experienced in the world.

He said because he is afraid about future of PayPal, because Bitcoin is much better for payments.

[coinluisa]

Bitcoin is Scam. Short-lived CEO and co-founder of PayPal - Bill Harris has written his own opinion on cryptocurrency, Bitcoin. According to him, he claims that bitcoin is a fraud. He said it was an incredible pump and dump scheme, never seen or experienced in the world.

People is the scam not bitcoin because people is the one using bitcoin to bad doings and to scam other people. And as you can see people too is manipulate bitcoin in the market that's why sometimes we experience bloody market. What he's proof that bitcoin is scam? Nothing...because that's only hear say.

[zoiapisya]

I do not care what he said. He is not an expert for me, and for me his opinion is not valuable. There were many falls in the stock market, there were cases of fraud, why does not he say so?

[zoiapisya]

This is ridiculous, because today the sale of Libra Credit tokens will begin. In this project there are a lot of people who used to work in PayPal. What do you think about it?

[alaricoin]

all the organization is against the crypto. Now also paypal after, facebook, twitter and google. They are afraid of losing their market. When instruments like Utrust will spread. Paypal will become useless. This will happen much sooner than we think

[Cnut237]

Bitcoin is Scam. Short-lived CEO and co-founder of PayPal - Bill Harris has written his own opinion on cryptocurrency, Bitcoin. According to him, he claims that bitcoin is a fraud. He said it was an incredible pump and dump scheme, never seen or experienced in the world.

This is pure fear. He is scared. Crypto will replace Paypal for sure. Paypal transaction costs are really high, a few percent per transaction iirc. Compare this with any of the fast low fee crypto options available, and it is clear that once crypto becomes mainstream it is the end of the line for high-fee services like Paypal. Their only hope is to try to stop crypto before it becomes big enough to threaten them, but they are swimming against the current here. There is only one way this will go.

[Xxxurrrad]

I stopped listening to the opinions of different gurus that are far from crypto. They are specialists in their fields and many things they just do not understand.

[kier010]

i think he got scammed by bitcoin that is why he said that. or it is just that he want to destroy the reputation of bitcoin that builds up this past year. bitcoin is a strong competitor and he felt threaten by it so saying bad things is a part of his strategy.

[cabbarlana]

A comparison of PayPal, a payment solution, and BTC, which is an exchange element, is illogical. Wallets that develop payment alternatives with BTC instead of each other can be compared to services that convert BTC to pay-to-pay, but Paypal.

[Ayston]

How many people says Bitcoin is scam and   later on they are reported all over the news who become a successful traders and investors, as the saying goes: don't spill something that later on you'll eat them all.

My message: Careful of what they say, tommorow they might swallow them all.

[sehoon]

Bitcoin is Scam. Short-lived CEO and co-founder of PayPal - Bill Harris has written his own opinion on cryptocurrency, Bitcoin. According to him, he claims that bitcoin is a fraud. He said it was an incredible pump and dump scheme, never seen or experienced in the world.

There are scam activities that are related to bitcoin. But that doesn't mean bitcoin is a scam. There is a possibility that the whales are toying on small people but people should always trust coins that have a good future. It will become worth it in the next few years.

[johnwest]

Seriously..? Paypal..? Even postage money order is better than Paypal. Paypal discriminates people on the basis of the country they live or travel to, I have had so many issues with them that the first thing I did is stop using it for anything.