All Hokie, All the Time. Period. Presented by

The Lounge Board

PhotoHokieNC

Joined: 12/28/2002 Posts: 143028
Likes: 33187


If Harris said that (quoted) in 2018, I wonder how much he owns now.


"Also in 2018, Bill Harris, the former CEO of Intuit and PayPal, wrote a detailed critique of Bitcoin for Vox, under the headline: “Bitcoin is the greatest scam in history.

"Harris elaborates:

" 'In my opinion, it’s a colossal pump-and-dump scheme, the likes of which the world has never seen. In a pump-and-dump game, promoters ‘pump’ up the price of a security creating a speculative frenzy, then ‘dump’ some of their holdings at artificially high prices. And some cryptocurrencies are pure frauds. Ernst & Young estimates that 10 percent of the money raised for initial coin offerings has been stolen.' ”

(In response to this post by Technocrat)

Posted: 05/12/2021 at 1:31PM



+0

Insert a Link

Enter the title of the link here:


Enter the full web address of the link here -- include the "http://" part:


Current Thread:
 
  
Is bitcoin a scam? -- Technocrat 05/12/2021 1:17PM
  So I should cash in? ** -- UTPr0sim 05/12/2021 2:32PM
  Good stock pick for him -- fordham 05/12/2021 3:22PM
  I am investing for 10 years from now ** -- Technocrat 05/12/2021 8:35PM
  Which could mean today is even earlier. ** -- Hoakie82 05/12/2021 9:36PM
  Its an opportunity- like Amway ** -- bigbadbird 05/12/2021 1:53PM
  Counterpoint from Michael Saylor -- Coach McGuirk 05/12/2021 1:40PM

Tech Sideline is Presented By:

Our Sponsors

vm307