Bitcoin is Scam. Short-lived CEO and co-founder of PayPal - Bill Harris has written his own opinion on cryptocurrency, Bitcoin. According to him, he claims that bitcoin is a fraud. He said it was an incredible pump and dump scheme, never seen or experienced in the world.
Ofcourse he will say that, Bitcoin is a straight competitor so he has to diss it.
Bitcoin is taking over Paypals territory
What are you talking about? Bitcoin can't scale. I'd suggest to get out of bitcoin if you have investiment in this tulip mania.
You are a new maybe you bought at december, please consider that the tulip mania happens in history. Dot.com was another tulip mania. Do you see MSN or Netscape around?
Paypal is not scared of bitcoin, because is unscalable, and inefficient. Stwitch to scaling coins, like Nano or IOTAA if you want to have chances to be in somenthing that could survive