Al Waleed, Saudi Prince, Announced in an interview with cnbc that bitcoin have no future arguing "It just doesn't make sense. This thing is not regulated, it's not under control, it's not under the supervision".
Also the Saudi government prohibited the use of bitcoin in the country!
Source:
https://www.cnbc.com/2017/10/23/prince-alwaleed-says-bitcoin-will-implode-enron-in-the-making.htmlMy Comment:
Bitcoin exists 8 years ago, the price of bitcoin is not what real bitcoiners users search.
Real bitcoiners joined bitcoin to enjoy privacy, transaction speed, secure ...Regards,
Bitcoin Boy.
Your argument is really not a valid point as what you are saying are its features about being a currency. It's trading we are talking about they buy Bitcoin not to use it as a currency but it is use as a tool to make money. People don't really invest in Bitcoin they trade with it as we can only speculate the future of Bitcoin as there is really no fair value for it. The Buying and Selling of Bitcoin must be done in a monitored manner as anytime the price can change quickly