“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.”
Bill Harris, Former CEO, PayPal · Bitcoin since: +738%
As published by Recode
A little perspective.
Bitcoin on that day$9,652April 24, 2018
$100 at that price$838.12At our latest price check
Illustrative value using a Bitcoin price of $80,896, checked Oct 29, 2026, 5:52 PM UTC. Excludes fees, taxes, and inflation. A price change alone does not settle the original criticism.
Bill Harris appears in 3 recorded obituaries. 74 declarations were recorded in 2018.
Keep the receipt.
Bitcoin Is Dead. “Bitcoin Is The Greatest Scam In History” — Bill Harris, Recode, April 24, 2018. Bitcoin: $9,652.16. https://bitcoindeaths.com/posts/2018-04-24-bitcoin-is-the-greatest-scam-in-history