Key Words: Cryptocurrencies are heading ‘closer to zero,’ says former PayPal CEO [MarketWatch]
PayPal Holdings, Inc. (PYPL)
Last paypal holdings, inc. earnings: 1/29 04:15 pm
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Source: MarketWatch
Cryptocurrencies are heading ‘closer to zero,’ says former PayPal CEO Not one to shy away from the never-ending crypto debate, the former chief executive of online payments giant has re-emerged from the shadows to pour more cold water on the divisive technology. Speaking on CNBC, Bill Harris, the former head of PayPal Holdings PYPL, -2.69% said bitcoin, BTCUSD, +6.00% the worlds largest digital currency, doesn’t exhibit what many of its promoters claim, saying there are much better alternatives to digital currencies. See full CNBC interview here . This isn’t the first time Harris has voiced his concerns about the outlook for virtual currencies. In an April column for Recode he said bitcoin was a scam calling it “a colossal pump-and-dump scheme, the likes of which the world has never seen,” going on to say investors should be careful because it’s a bubble. Read: Opinion: Bitcoin is the mother of all bubbles, Roubini says His comments come as bitcoin is in the midst of a summe
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News
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PYPL
Earnings
- 4/30/24 - Beat
PYPL
Sec Filings
- 5/9/24 - Form DEFA14A
- 5/6/24 - Form DEFA14A
- 5/2/24 - Form DEFA14A
- PYPL's page on the SEC website