Saudi Billionaire WARNS Against Virtual Currency Bitcoin And Predicts This Is GOING TO END Badly

Saudi Prince AlWalid Bin Talal, an investor and billionaire, shared his views on Bitcoins. And here’s what he said to a CNBC interview 

“It just doesn’t make sense. This thing is not regulated, it’s not under control, it’s not under the supervision, of central banks” 

CNBC

HE SAID 

It is “Enron in the making”….

WHAT’S ENRON? 

ENRON, a US based energy company that created the largest
accounting scandals EVER. 

He predicts this cyrptocurrency will ‘implode’ and will come to an END in no
time.

He thinks
bitcoins is a bubble waiting to explode. 

And his comments are echoed by other
top influential executives like JPMorgan Chase CEO Jamie Dimon. 

His comments was followed by a statement released by Saudi Arabian Monetary Agency’s statement that says it is..

 “OBSERVING Cryptocurriences and Bitcons and had no intention to regulate anytime soon”