...says Saudi billionaire investor Prince Alwaleed bin Talal. He added,
"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]... 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..."
Read more of it here:
https://www.c[Suspicious link removed]m/2017/10/23/prince-alwaleed-says-bitcoin-will-implode-enron-in-the-making.html
What do you think guys? Does his opinion have any real or historical basis? Or is his just a misinformed opinion?
(Note: I know that this post should probably be in the child board
Press, but most of the stuff going on there are just news postings and not much else. I just want to know your informed and intelligent take on his opinion. Thanks.)
Saudi's billionaire doesn't know about what is the bitcoin and you should ignore his opinion. The fact that even a lot of countries are banning the bitcoin but the price of bitcoin still increase to the mars, saudi doesn't have any strength to influence the bitcoin.
I just never try to read those are against the bitcoin but doesn't include in the influence person.