Here is a piece on MarketWatch on Bill Harris, who is not a fan of cryptocurrency
Harris is ex- CEO at both PayPal and Intuit:
On BTC:
- It's a colossal pump-and-dump scheme, the likes of which the world has never seen... the losers are ill-informed buyers caught up in the spiral of greed. The result is a massive transfer of wealth from ordinary families to internet promoters.
- Cryptocurrency best-suited for one use: Criminal activity,
- even regular users are flouting the law by avoiding paying taxes
Here is the link to the piece for more if you haven't got the idea already ;-) Hope this chap isn't just talking his book?
Meanwhile - BTC is having a good first days of the week:
