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In Attempt To Regain Relevance, Ousted PayPal CEO Says Crypto Traders Are ‘Drinking the Kool-Aid’

Published 04/27/2018, 10:11 AM
Updated 04/27/2018, 11:31 AM
In Attempt To Regain Relevance, Ousted PayPal CEO Says Crypto Traders Are ‘Drinking the Kool-Aid’
BTC/USD
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Mere days after his first public attack on Bitcoin (BTC) as a “scam,” former PayPal CEO Bill Harris has said that crypto traders are “drinking the Kool-Aid” in an apparent reference to the Jonestown Massacre of 1978, when more than 900 people died after purposefully ingesting Kool-Aid laced with poison at their cult leader’s behest, CNBC reports today, April 27.

Harris has not been enjoying a lot of media presence before this week’s two appearances - his Twitter shows his last tweet was from August of last year. Instead, after being ousted as CEO of PayPal in 2000 one month after the merger between X.com and Coinfinity that created the entity, Harris founded and ran the financial advisory company Personal Capital from 2009 until present day.

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