Post
Topic
Board Bitcoin Discussion
Re: Middle East Richest Business Man, Won't Invest In Bitcoin
by
kimochidesh
on 07/11/2017, 20:56:41 UTC
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.html

My 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.





Couldn't blame him. He is in a country where the government prohibits the use of bitcoin. And more importantly, he is a royalty and is obviously part of that government. So it's just right for him to say those things about btc. You cannot create a law that you will openly oppose because that will be nonsense.

Agree, being a part of governance, you can't really support Bitcoin as a currency. This will also motivate citizens to adopt BTC as currency, which obviously any govt. did not want to happen.