As per reports, Bill Harris, CEO of PayPal and former Intuit CEO asserts that Bitcoin is a “colossal pump-and-dump scheme, the demerits of Bitcoin is not seen by the universe.” The main section of Harris’s post is directed at three key components of Bitcoin debate.
The three areas are means of payment, store of value and intrinsic value. Bill pulled out the well-known argument like “Bitcoin has no value at all”.
In the terms and conditions for the use of Bitcoin as a mode of payment, Harris says Bitcoin is accepted in almost every place. It is useless anyway due to the possibility of a 10% price swinging in a single day.
Read detail info here: Bill Harris CEO of PayPal says Bitcoin is a scam
