Is Bitcoin A “Cult”? A Former Paypal CEO Seems To Think So

This aggregated story was originally published on this site. Follow the link in the word Story at left to read the full article.

From the belief that Satoshi is Craig Wright, to some considering that Bitcoin is going zero, this nascent industry has had its fair share of unpopular and contrasting opinions. A former Paypal CEO’s appearance on CNBC has only cemented this theme, with this legacy market proponent likening crypto to a cult.Bitcoin Is A Cult? I Don’t Think SoAlthough the cryptocurrency market has undoubtedly gained some steam over the past year, there are still some, mostly those ingrained with an affection for legacy systems, who still believe cryptocurrencies are a scam. One of these naysayers is Bill Harris, who notoriously called Bitcoin “the greatest scam in history” at an earlier date this year. For those who are unaware Bill Harris held a position as Paypal’s CEO from 1999 to 2000, later moving on to found an online financial services firm.While his extensive resume may make it sound like he’s a proponent of the digital