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.
It is just funny that they are saying bitcoin is scam when in fact they are still considering adopting it later on when it has stable value as what they claim. Take a look at this news.
http://bitcoinist.com/paypal-well-definitely-support-bitcoin-becomes-better-currency/seriously the funniest thing to follow. If such a way they are sure it will create unhealthy competition. bitcoin does have a great future for the next few years, but with great risk, too. and it turns out the risk that excuses making bitcoin became ugly. I have no sympathy with the way PayPal did it.