Egyptian billionaire businessman Naguib Sawiris, the scion of Egyptian construction magnate Onsi Sawiris, is not interested in Bitcoin, according to a report published by Al-Ain News.
While acknowledging that cryptocurrencies could be a useful investment for some, the 67-year-old entrepreneur chooses to remain on the sidelines.
The telecom tycoon fears that Bitcoin could face a hacking attempt that could put a dent in its value.
Tue, 11/09/2021 - 15:31
Apple CEO Says He Owns Crypto In Response to Question About Bitcoin and Ether
Alex DovbnyaNaguib Sawiris's billionaire brother, Samih Sawiris, appears to be more crypto-friendly. As reported by U.Today, his luxurious Swiss hotel started accepting Bitcoin and Ether in late August.
Advertisement
Dan Burgin
Vladislav Sopov