PayPal CFO John Rainey Rejects Bitcoin as a Reliable Currency

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Bitcoin price (BTC) is crashing instead of rallying: Bitcoin price has failed to generate gains for investors since Warren Buffett, and Bill Gates rejected the cryptocurrency markets two weeks ago. Bitcoin price lost almost $1,800 in the last two weeks. 

Several other industry experts are also refuting bitcoin’s potential to work as an alternate currency. They believe the higher level of volatility makes it difficult for the general public to use it as the medium of exchange.

Bitcoin price crashed to the $8,000 level today. The New …


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