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❕NEWS Saudi Arabian expert: Bitcoin is a top-notch speculation tool

aryan4

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Speaking to local news outlet Arab News, Saudi Arabian financial expert and former banker Fadhel Al-Buainain rejected the leading cryptocurrency as it carries "significant risks."
He stated that Bitcoin is a "top-notch speculation tool" as it has no support from economic superpowers or cash reserves.
What do you think of this expert's opinion?
 

Josemendez

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Speaking to local news outlet Arab News, Saudi Arabian financial expert and former banker Fadhel Al-Buainain rejected the leading cryptocurrency as it carries "significant risks."
He stated that Bitcoin is a "top-notch speculation tool" as it has no support from economic superpowers or cash reserves.
What do you think of this expert's opinion?
Ofcourse Bitcoin is able to said up to this present height simply because there is no form of control around it. This is the advantage it has against fiat currency
 

achawaskey

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That's one of the reasons Bitcoin is been created, it is not tire to a particular financial institutions or country and no form of control. This is why Bitcoin is doing well in the market.
 

aryan4

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Ofcourse Bitcoin is able to said up to this present height simply because there is no form of control around it. This is the advantage it has against fiat currency
It is partially related to the news I want to learn. You somehow seem to follow the markets. Have you ever come across a Saudi Arabian fund operating in the money markets or have you seen any news about it?
 
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