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Re: China and Korea: A chance for US to rise?
by
duber
on 24/10/2017, 20:39:20 UTC
or what about this one --> do you think Prince Alwaleed is secretly stashing BTC? -->

"Prince Alwaleed says bitcoin will implode: 'Enron in the making'"
https://www.c[Suspicious link removed]m/2017/10/23/prince-alwaleed-says-bitcoin-will-implode-enron-in-the-making.html

Saudi billionaire investor Prince Alwaleed bin Talal said Monday that bitcoin will "implode" one day.

"It just doesn't make sense. This thing is not regulated, it's not under control, it's not under the supervision" of any central bank, Alwaleed said in an interview on CNBC's "Squawk Box."

"I just don't believe in this bitcoin thing. I think it's just going to implode one day. I think this is Enron in the making," Alwaleed said.

The billionaire investor was referring to the massive accounting fraud that took Enron, a U.S. energy-trading and utilities giant, into bankruptcy in late 2001.

Alwaleed runs Kingdom Holding, a massive conglomerate whose investments include Citigroup, Apple and Twitter. The company is based in Riyadh, Saudi Arabia.

Alwaleed said Monday he agrees with JPMorgan Chase CEO Jamie Dimon, who last month called bitcoin a "fraud" that will eventually blow up.

BlackRock CEO Larry Fink has also called the digital currency an "index of money laundering" for its ability to facilitate illegal commerce on the internet.

And then, of course, --> this guy, which no one cares about, lol -->

Jordan Belfort, the infamous "Wolf of Wall Street" penny stock broker, told The Financial Times in an interview published Sunday that initial coin offerings are the "biggest scam ever."