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If you believe in Bitcoin currency, or the enthusiastic supporter of Bitcoin, then you have to be careful. If Bill Harris is credible, you may have become a cult member unconsciously. (Harris believes that the future Bitcoin price will be very close to zero, not just a bit close to zero because it has no value at all.)
The former CEO of the payment service company PayPal spoke on the Fast Money program, and he believes that the so-called advantage of Bitcoin does not exist.
Harris said: "The enthusiastic supporters of Bitcoin believe that Bitcoin is instant, free, scalable, efficient, secure, globally accepted and useful, but It is not.
The official Twitter of the Quick Money program said on August 14 that people who are optimistic about Bitcoin should be careful. Bill Harris, the former CEO of PayPal, called the cryptocurrency a cult product and said its value would fall to zero.
In addition, Harris also predicts that Bitcoin's future fate will be bleak, and he believes that the future price of this flagship cryptocurrency will be "very close to zero, not just a bit closer to zero because it has no value at all."
Harris further stated that the problems Bitcoin is seeking to resolve remain, especially in cross-border transfers, as cross-border transfers are currently slow and expensive. However, according to Harris, the solution to the cross-border transfer problem should not be cryptocurrency, but a faster network system.
When talking about the volatility of the largest cryptocurrency market, Harris pointed out that this fact alone can prove that Bitcoin trading can't be a payment mechanism, and it can be ridiculous to show that Bitcoin is "as a means of value storage." .
Firm Bitcoin opponent
Although Harris said this time is quite embarrassing, calling Bitcoin a cult and making the most modest criticism of it, but some people may not know that Harris has always been against this groundbreaking cryptocurrency. Skeptical attitude. As the media has previously reported, the former head of PayPal called Bitcoin the biggest scam in history in a review article published in a scientific journal four months ago.
At the time, Harris said that Bitcoin was an unprecedented trick to "sell the selling price and sell it on rallies." However, Harris's view of Bitcoin is in stark contrast to other people born in PayPal, such as Peter Thiel, an investor with billions of dollars in wealth, who believe that cryptocurrencies have "great potential."
Bitcoin Info
Bitcoin price today is at $7376.51, rose 1.26%.![Bitcoin-btc.jpg]
