Saudi Prince Deeply Misunderstands Bitcoin

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TheMerkle Bitcoin price 4300Recently, Saudi Prince Alwaleed bin Talal said that Bitcoin is “Enron in the making.” In doing so, he added himself to the long list of traditionally wealthy people to have disparaged Bitcoin over the years. Let’s take a look at what he said and see if there is any value to this latest condescending statement on Bitcoin and other cryptocurrencies. The Short Answer is “No” I have always said that just because you don’t understand something does not mean it is a scam. In fact, I encourage everyone who comes across something they do not understand to actually do a critical investigation of

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