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“Bitcoin is useless as a payment mechanism and ridiculous as a store of value” – CNBC | $6,195

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Bitcoin will continue to fall, because “there’s just no value there,” former PayPal CEO Bill Harris told CNBC on Tuesday.

Harris, who is also founder of Personal Capital Corporation, came out swinging against bitcoin in an April op-ed in which he called the cryptocurrency a “colossal pump-and-dump scheme, the likes of which the world has never seen.”

Eulogy made by Chloe Aiello

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