PayPal CEO said bitcoin SCAM !

[Cmoh]

Everybody is saying about the Bitcoin is a scam since it's evolution. But, you see in your own eyes that how Bitcoin value is growing and still remain many ways to grow. Basically, businesses who have the payment processing system globally is fearing for the Bitcoin as a great competitor. Bitcoin act as not only for the payment processing globally with a fast technology but it has become a global currency now. So, it is obvious that PayPal or any other payment processor is giving the negative words for the Bitcoin.

[hawkins]

Everybody is saying about the Bitcoin is a scam since it's evolution. But, you see in your own eyes that how Bitcoin value is growing and still remain many ways to grow. Basically, businesses who have the payment processing system globally is fearing for the Bitcoin as a great competitor. Bitcoin act as not only for the payment processing globally with a fast technology but it has become a global currency now. So, it is obvious that PayPal or any other payment processor is giving the negative words for the Bitcoin.

well, if bitcoin is a scam, maybe currently bitcoin has become illegal for the whole country. it just does not happen. besides, I think paypal income, decreases when bitcoin has existed. well, it is a competition, when a company has a rival, it will be a venue to bring down the others.

[joelsamuya]

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.

It is his constitutional right to say that, whether he has a basis or not, and of course, he should defend his business because cryptocurrency is his competition in his payment system business, we are all have the right to respond to any business competitors, in order to defend our own business, in doing so,.whether he like it or not, cryptocurrency will be forever., and at this time, i can say that major community, switch to bitcoin.

[CryptoMike14]

Don't believe of people said bitcoin is a scam. PayPal CEO said that because he's scared
People will moving from Paypal to bitcoin or altcoins.On the other hand, I see that many businessmen and CEO in the field of funds become afraid of Bitcoin and cryptocurrencies in general, I think all these bad opinions do not affect On bitcoin, and it is certain that this new era of digital currency will develop in many ways and will be better than the previous.

[BTCGOLD]

Don't believe of people said bitcoin is a scam. PayPal CEO said that because he's scared
People will moving from Paypal to bitcoin or altcoins.On the other hand, I see that many businessmen and CEO in the field of funds become afraid of Bitcoin and cryptocurrencies in general, I think all these bad opinions do not affect On bitcoin, and it is certain that this new era of digital currency will develop in many ways and will be better than the previous.

I wonder what basis he has for making such opinions. Probably the reason why he says so is the fear of losing profits. Increasing the impact of cryptocurrencies as a payment system can seriously disrupt the operations of companies like paypal.

[kalidos]

Paypal is s scam, hence ebay brought it and then sold it.

[maliboom]

they all do this. they are afraid of the revolution and they make declarations every day because they know co with the crypto their business will not be worth anything anymore

[mitrajkt]

if so I am not surprised because it is clear that paypal is afraid of losing his influence again, so let him say so

[Oilacris]

Everybody is saying about the Bitcoin is a scam since it's evolution. But, you see in your own eyes that how Bitcoin value is growing and still remain many ways to grow. Basically, businesses who have the payment processing system globally is fearing for the Bitcoin as a great competitor. Bitcoin act as not only for the payment processing globally with a fast technology but it has become a global currency now. So, it is obvious that PayPal or any other payment processor is giving the negative words for the Bitcoin.

well, if bitcoin is a scam, maybe currently bitcoin has become illegal for the whole country. it just does not happen. besides, I think paypal income, decreases when bitcoin has existed. well, it is a competition, when a company has a rival, it will be a venue to bring down the others.

Indeed and theres no doubt to that matter yet Paypal is a big company when it comes to payment processing or any other related services but now when bitcoin do exist for sure they do feel the loss specially for those who recognized or being aware already on bitcoins existence when it comes to payment terms and now they are calling it a scam? They dont have any strong valid point with that and as a crypto enthusiast we do know on what bitcoin do give in our lives.

[Nasty23]

they all do this. they are afraid of the revolution and they make declarations every day because they know co with the crypto their business will not be worth anything anymore

Yes they think that bitcoin is a treat in their growing business that's why they make some bad news in order to avoid the bitcoin and afraid their users in using it but bitcoin will be continuously adopted in all over the world and increased its value as the days past because of its huge and active community now that supports bitcoin.

[Last follen star]

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.

Many famous people said the same thing and now they change their mind quickly, such people are interested in making bitcoin not successful, so do not believe their words.

[coyote50]

Of course he's going to call it a scam. It's a threat to his business and since bitcoin is not an entity there are no laws regarding defamation or libel

[ask]

Paypal is going to die after crypto. Its for sure cause paypal has huge fees and community do not like paypal cause of high fees.
Paypal must find a way to join to the party. Otherwise its going to die.

[shesheboy]

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.

Many famous people said the same thing and now they change their mind quickly, such people are interested in making bitcoin not successful, so do not believe their words.

Ya righ i agree that there were tons of people (even famous people ) have been already said that. They always claim that bitcoin is bad, bitcoin is a bubble , bitcoin is a scam , blah bla blah , etc and not all that said it have changed their minds even though they already see that bitcoin is a succesful coin. I guess they continue to spread lies because they wanted bitcoin to go down because bitcoin might be a big threat to their business . They sees bitcoin as a big rival but i dont really think that they can win against the world.

There are still millions and billions of people that continue their heart warming support on bitcoin but those haters and anti bitcoin are only limited.

[jdgranfiel]

What I knew of people that says bitcoin is a scam are the ones that are scams themselves. They hate monetary competitors that set them less used. They don't want to accept that something is better than them so they go bitter.

[stimliall]

Because BTC grabbed a lot of PayPaI business! It is normal for competitors to attack each other's behavior!
By attacking BTC to achieve the purpose of maintaining PayPaI!
Before BTC was born, PayPaI was the main payment method for international remittances!

[m.vina]

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 could be well understood as a natural response of someone who is being threatened.

Paypal is and has always been an unreliable payment provider when it comes to chargebacks. It doesn't take a genius to see that Paypal stands to be completely ELIMINATED by evolution of cryptocurrencies. If Paypal doesn't adopt crypto, soon Paypal will be a dinosaur like Kodak.

[waqasniaz007]

PayPal itself is scam,  They stole funds of many accounts and also they discriminate countries and their services are only available for U.S favourite countries.

[cryptojac17]

PayPal itself is scam,  They stole funds of many accounts and also they discriminate countries and their services are only available for U.S favourite countries.

If they said bitcoin is a scam all the investors are being scammed for almost a decade, why still the investors earn a lot  and besides to whom are we referring scammers infact it a P2P  transaction, if a bitcoin leave from one wallet it will transfer to another wallet..

[CLywaTeLb]

What is the dollar secured for? The US Army, that is, the power, and the mutual trust of the population of the whole planet. BTC is secured only by mutual trust. The differences are not in favor of the dollar. Why would PayPal CEO not declare the dollar scam?