PayPal co-founder CEO: Bitcoin is a Scam of unprecedented proportions
Source:
In mid-March, Peter Thiel, the topic of Bitcoin. According to the businessman, coin has the potential to replace gold and turning its equivalent. Not all former members of PayPal are good for cryptocurrency. A colleague of Thiel called Bitcoin the greatest Scam in the history of mankind.
theBitcoin a hoax?
Thoughts about the main cryptocurrency world bill Harris has shared the article called "Bitcoin the biggest Scam in history of mankind." The publication was issued on the resource Recode. To the opinion of Harris listen due to the fact that at the time he was CEO of Intuit and Paypal. It is reported .
The arguments of the author against cryptocurrency go in three directions: the meaninglessness of Bitcoin as a means of payment, it incredible volatility and lack of inner values.
According to Harris, "most" regular buyers of coins constantly violates the laws and evade taxes.
The Most active users of Bitcoins are criminals.
In Addition, he remembered the constant attention of hackers and the dark side fraudulent ICO. The latter from the Bitcoin for some reason he did not separate.
The announcement coincided with the subsidence of the market. Bitcoin now returned to the rate of 8800 dollars, and market capitalization is of $ 394 billion. What is happening is the same with yesterday . According to him, the correction is possible because of high growth last week.
Recommended
the long-awaited summer. Niche cryptocurrency supported the event and gave unusually hot week. During the last seven days, we learned about the new line of graphics cards from AMD, the mining in TON and hard forks . In addition dealt with the profita...
Co-owner Bitcoin.org Coinbase Pro ridiculed and called a stock exchange Scam
co-Owner Bitcoin.org and most popular forum about cryptocurrency Bitcointalk.org Cobra called Coinbase Scam Pro trading platform American crypto currency exchange Coinbase. In his tweet he wrote «if you read Coinbase Pro backwards, get the word ...
The Ethereum is a cryptocurrency Scam. A new report Chainalysis
When people learned how to create a new cryptocurrency and began to build their infrastructure like marketplaces, in the field began to appear and fraud. According to blockchain auditor Chainalysis for the past two years, fraud in the ecosystem has s...
Related News
MOE: cryptocurrency wallets of Russians — the target of hackers this year
the Ministry of emergency situations is actively interested in the topic of cryptocurrencies. Last week, representatives of the Department about the risks of fire due to mining. According to them, mining coins increases the load, ...
How much energy consume of Bitcoin?
the Cryptocurrency fever is in full swing. ICO sold out at the stage of pre-sales. The price of coins of the top 10 hard to keep up. Whatever the social or technological implications of the widespread introduction of the technolog...
Investor John Pfeffer: Bitcoin surpassed gold on all counts
In March, Bitcoin and other cryptocurrencies gold in terms of investment attractiveness. During the year the interest in digital money increased by 16 percent, while precious metals — only five percent. The Manager of a hedge Fun...
The ice was broken, ladies and gentlemen: the Nasdaq is ready to become a cryptocurrency exchange
According to the CEO of Nasdaq, as soon as the space is ready, the company will open the platform to trade digital currencies like Bitcoin. "of Course, Nasdaq has long considering becoming a crypto currency exchange", said the CEO...
Exchange Binance has invested $ 30 million in anonymous cryptocurrency
In March, the cryptocurrency exchange startup Binance a private blockchain Chain Binance. It will operate a token Binance Coin and a decentralized marketplace. Now the company, along with several other investors invested $ 30 mill...
Snoop Dogg will perform at a private event Ripple in new York
At the beginning of the month, the creators project brings Tech to the appropriation of 32 million dollars. A little later the leadership was detained. The curious thing is that the initial placement of tokens, the company adverti...
A resident of Yakutia believe best SMS offer to sell cryptocurrencies and lost 21 thousand rubles
At the weekend a resident of Moscow 10 million rubles when trying to sell cryptocurrency. Tricky "buyer" received coins to the purse, then quietly left. In Yakutia, everything was even more relaxed. Resident received a TEXT messag...
In India detained a police officer. He is accused of extorting $ 1.8 million in bitcoins
Indian police Yesterday the organizers of the cryptocurrency pyramid scheme that stole $ 2.6 million. The scheme worked in 2015, it is time to invest 5 thousand people. Now the government has detained police. He is accused of ext...
Bitcoin holds above $ 9,000. What the experts think?
last week the cryptocurrency of the April high. Since then, the situation gradually improved — Bitcoin has little today to 9742 dollars. The events were commented by the chief investment officer of the international network of pr...
Purse MyEtherWallet been compromised. Hackers stole 150 thousand dollars in the air
Yesterday, users of the popular wallet for storing the Broadcast MyEtherWallet complained about the hacking of the service. It was reported that hackers managed to steal more than 150 thousand dollars in the cryptocurrency. Now th...
Analyst Blue Lines Futures promises 11500 dollars for Bitcoin
on Monday, the trader Dmitry Lavrov, the growth rate of Bitcoin to 12 thousand dollars. If the rate then will stop, the coin will quickly overcome the mark of 15 thousand. To version joined fellow Blue Lines Futures. Prior to that...
FuturoCoin. Scam, or the future?
Bitcoin back on the horse. The course of bitcoin finally crossed the mark of 9000 dollars, and like as not going to take the position. If you believe the analysts, soon the cost may rise up to 12 thousand. It's expensive to purcha...
Chinese police confiscated 600 ASIC miners for illegal mining cryptocurrency
Two weeks ago, the Ministry of internal Affairs mining farm worth more than $ 9 million. Mined cryptocurrency in the building of an abandoned factory, and helped in that at least 6000 devices. In China there was a similar situatio...
Study: 70 percent of the largest banks and funds will start to sell the crypt in the next six months
last week Samsung of its intention to implement the blockchain in the system track deliveries. The company expects that the technology will allow you to reduce costs in the supply by 20 percent. Company interested not only distrib...
Tim Draper: Bitcoin is more important than the advent of the Internet and the industrial revolution
In April, investor and Bitcoin optimist Tim Draper at a forum in San MATEO that the rate of the first cryptocurrencies will reach 250 thousand dollars by 2022. Now the entrepreneur said that the appearance of the coins is much mor...
Tim Draper: Bicton more important than the advent of the Internet and the industrial revolution
In April, investor and Bitcoin optimist Tim Draper at a forum in San MATEO that the rate of the first cryptocurrencies will reach 250 thousand dollars by 2022. Now the entrepreneur said that the appearance of the coins is much mor...
How will Bitcoin die? Three scenarios, experts from the MIT Technology
In mid-January, the economist Dennis Gartman's thoughts on the fate of the main cryptocurrency. According to him, Bitcoin would die in case of a fall of up to $ 5,000. Fortunately, this did not happen, but the versions do not beco...
Acne Buterin. The way up the Creator of Ethereum
Platform Ethereum as one of the breakthrough projects of recent years. It's been used by NASA, the largest U.S. retail retailer Walmart and hundreds of ICO projects. Founder of platform — 23 years old developer with Russian roots ...
Citizens of Finland hide their income from the sale of the cryptocurrency from the authorities
last year, the Central Bank of Finland the work system of Bitcoin is revolutionary, and recommended other agencies to learn more about cryptocurrencies. Now the local regulator has decided to determine the number of owners Bicton ...
India detained the organizers of cryptocurrency pyramid that stole $ 2.6 million
last week, the South Korean authorities financial pyramid, the organizers of which have collected $ 20 million on ICO. The company has worked with 2015 and promised investors high interest rates from investing in Bitcoin. Now Indi...
Comments (0)
This article has no comment, be the first!