The former ceo of paypal Bill harris said that,bitcoin's value will continue to dwindle until it gets "eventually a whole lot closer to zero."and saying that there's just no value in bitcoin and "Bitcoin makes no revenue, no profitability."
he also called the cryptocurrency is a
"colossal pump-and-dump scheme, the likes of which the world has never seen."
I think this is non-sense, what about you?
Source: cnbc
Some say that and they have reasons to mentioned but I don't agree fully with that because Bitcoin price did drop during this year but it doesn't mean that it is crashing because price fluctuations are common for any trading asset and it can happen with or without a fault with the asset in Bitcoin this was actually happened because the pressure it got from the outside world and Investors were uncertain but even those situations Bitcoin surviving skills are impressive
but the fact is bitcoin with blockchain technology has many advantages rather than paypal. get used to any bad news about bitcoin.