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5:28PM, 10 Sep 2018

Former PayPal CEO Brands Bitcoin a ‘Cult’, Trashes Use Cases

via ccn Bitcoin believers and enthusiasts beware, you could be unwitting members of a cult if Bill Harris is to be believed. Speaking on CNBC’s Fast Money program, the former CEO of payments services firm PayPal claimed that bitcoin’s supposed advantages are non-existent. “The cult of bitcoin make many claims — that it’s instant, free, scalable, efficient, secure, globally accepted and useful — it is none of those things,” said Harris. According to the founder of digital wealth managemen... ...

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