Bill Harris, the former CEO of PayPal, believes that the Bitcoin is a huge scam that has no future. It is in effect out of silence to remember the fact that the speculative nature of these digital assets is not conferred on them in reality absolutely no value. Back on these comments that are causing controversy.
A great ploy
Bill Harris does not like crypto-currencies, and this time, he says out loud to whoever wants to hear it. In fact, the former CEO of PayPal, has talked of buyers poorly informed, and of a spiral of greed. According to him, Bitcoin is ” a gigantic scheme of “Pump-And-Dump”, as never seen before. “
Pixabay – Designerkottayam / According to the former CEO of PayPal, the Bitcoin is a scam of great magnitude.
The man detailed the disadvantages of Bitcoin. In particular, he explained that this crypto-currency was not a means of payment since it was hardly ever accepted. In addition, its volatility does not allow him to become a real means of payment.
A huge scam
Bill Harris has also stated that Bitcoin and other crypto-currencies could be used for criminal purposes or for money laundering. He added that the Bitcoin had never had any value and thus has posed the following question : “In what rational world, someone could simply issue an electronic certificate or to announce that he has the intention to do so, and thus create, from nothing, billions of dollars of value ? “
Pixabay The Digital Artist / Bill Harris announced that it is necessary to regulate the crypto-currency quickly.
Bill Harris has finally discussed the energy consumption related to the mining of crypto-currencies. For all these reasons, the former CEO of PayPal believes that it is imperative to regulate the crypto-currency and take measures of repression quickly.
Bill Harris, therefore, has an opinion well settled on the issue of Bitcoin and digital assets. Of course, its about particularly violent, led to a wave of reactions on the part of those who defend the crypto-currencies. If he wanted to make the buzz, we can tell him a big congratulations !
Source : CryptoVest