Saudi billionaire Prince Alwaleed does not believe in Bitcoin. Today in interview with CNBC 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.”
Alwaleed has long lasting investment in Citibank and he definitely do not like the fact that Bitcoin does not have any governance. And Maybe why he is mostly agreeing with Jamie Dimon from JP Morgan.