Post
Topic
Board Bitcoin Discussion
Re: Middle East Richest Business Man, Won't Invest In Bitcoin
by
Freshmen
on 11/11/2017, 07:04:18 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.







Won't invest in bitcoin, but invest a capital to company that using bitcoin to develop to earn the profit,I see many online wallet is given capital from rich man that trading fiat currency, , maybe they still beleive that fiat currency more valuable. Rich men are free to choose what kind of invest they wanted. CMIIW Smiley
Every person has his own point of view, we cannot change his point of view but we can educate them and guide them. But everyone wants to invest in bitcoin they are not concerned with the fact that either bitcoin is supervised or not they are only concerned with the profit they are getting from bitcoin, they want to be financially stable.

In some countries the bitcoin is illegal but they are not providing their mass chances to be rich in short time, so this also don't make any sense