Bitcoin price: Former PayPal CEO explains WHY bitcoin is the 'greatest SCAM in history'

The founding PayPal CEO believes there is “no store value” in bitcoin and it should “not be accepted as a means of payment” and has no intrinsic value. Writing in Recode, Mr Harris said: “Okay, I'll say it: Bitcoin is a scam. “In my opinion, it's a colossal pump-and-dump scheme, the likes of which the …
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Former Paypal CEO says investors are drinking the bitcoin 'Kool-Aid'

Former head of online payments giant Paypal is bullish on the future of digital money but maintains that bitcoin is a scam. "Everyone is drinking the Kool-Aid," Bill Harris, former Paypal, CEO told CNBC's "Fast Money" Thursday. "I absolutely believe that money should be digital, is becoming more digital, …
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Bitcoin Is a Massive Scam, Former PayPal CEO Bill Harris Claims

Bill Harris, former Paypal CEO and founder of Personal Capital, wrote an editorial for Recode regarding Bitcoin on Tuesday. He did not hold back his feelings on the cryptocurrency calling it a “scam” and having “no value.” His barrage of ridicule wasn't limited to Bitcoin as he pointed out other digital …
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'OK, I'll say it: bitcoin is a scam,' says the former CEO of PayPal and Intuit

Bitcoin has enjoyed a nice stretch lately, breaking through the $ 9,000 level on Tuesday and leading a broad advance in the crypto space, which has seen a $ 100-billion surge in market cap to $ 425 billion over the past week. So, Bill Harris, are you warming up to bitcoin as an investment? 'It's a colossal …
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