Bitcoin ‘going to implode’ like Enron – Saudi billionaire Alwaleed

30B31CC2-E141-44D5-94FA-C110B4F075CA.jpeg“It just doesn’t make sense,” Alwaleed told CNBC’s Squawk Box program when asked about the prospects for Bitcoin. “This thing [Bitcoin] is not regulated, it’s not under control, it’s not under the supervision” of any central bank, he said.“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,” the head of the Kingdom Holding, which has Apple, Citigroup and Twitter among its investments, added……. Read More

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