Wow Bill Harris Paypal CEO Says That Bitcoin Is A Big SCAM
hello friends of Steemians, I spoke recently because I stopped using PayPal and started using cryptocurrencies as a means of payment if you want to read it you can see it here.
A few days ago, PayPal increased commissions to international shipping from $ 2.99 to $ 4.99, depending on the geographical location you are in, now paypal CEO Bill Harris says that BITCOIN is the biggest scam in history.
Bill Harris was interviewed on a CNBC show called "CNBC Fast Money", where presenter Melissa Lee asked him why he does not believe in Bitcoin, before moving on to the video where Bill Harris gives his opinion about Bitcoin. Harris recently wrote an article of opinion in recode.net read it, now let's go to video.
Bill harris argues that bitcoin has no feature of means of payment and that it is not accepted in many parts of the world because of its high volatility and that exchange houses are less reliable than banks and to conclude also argues that bitcoin has no value intrinsic, and that its value depends on people believing that they can sell it at a higher price.
Ok Bill here is my opinion and point of view I do not know if you will agree, first of all bitcoin is a fairly recent technology and is just beginning its monetization process to put it that way, second, bitcoin has a surprising level of acceptance despite its 10 years of life and accepted in many parts of the world, at this point you were wrong Bill Harris.
The third place, the bitcoin every day is increasingly used as a means of exchange and with respect to the exchange house of the cryptocurrency, these are not a bank, their use is for currency exchange.
In fact, bitcoin volatility does not have an exclusively bullish trend at the moment, but it has a tendency to decrease and stabilize, remember that the acceptance of bitcoin as a means of change comes from the confidence that people have in the blockchain technology that supports this cryptocurrency, and that makes it extremely reliable, secure and virtually impossible to counterfeit.
it is necessary to emphasize that at the present time the blockchain technology is the most reliable and safe in the world, and already many industry and companies want to adopt it as their security means.
Yes it is a big pump and dump, but it does have value. Maybe it will even out in the coming years...We shall see.
It is a big pump & Dump.
a very good post @joelgonz1982, this is a new science for me. So far I use PayPal for payment tools, but I do not know if Paypal has increased the commission. But I do not know how to use cryptocurrencies for payment, I will try to learn first about cryptocurrencies. Thanks for sharing @joelgonz1982.
I think paypal is the scam. im sick of ceo's getting rich from ripping everyday people off. crypto will keep them all honest thats why they dont want it.
I never knew it all from before, so from that I am very happy to get this new science.
in Latin America paypal put the commissions for the cloud, I do not recommend using payco bitcoin is gradually being accepted as a means of payment in some parts of the world and little by little many countries accept bitcoin as a means of payment.
thank you very much @joelgonz1982, i am very happy to get this new science from your post. But I will try to learn it first, because in addition to paypal for the means of payment, I do not understand. Just paypal that I know
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