Jordan Belford, known from famous movie Wolf of Wall Street, acknowledges Jamie Dimon statement on Bitcoin that "Bitcoin is a fraud", in an interview with TheStreet.
He also says that he don't think that Bitcoin is a great model! He believes for a cryptocurrency to be successful, there should be a central government backing it.
He continues:
- "The biggest problem I see with Bitcoin they can steal it from you, they can hack into your phone...I know people who lost of their money like that"
Based on the comments in this interview I can tell that even though he has some basic knowledge on the subject, but he doesn't seem to have in-depth understanding of cryptocurrencies.
For the complete interview, watch minute 7:47 regarding bitcoin here
Jordan Belfort plead guilty to securities fraud and money laundering in 1999. He was fined $110 million and sentenced to four years in prison in 2003 but only served 22 months in jail!
Sources:
- https://www.coindesk.com/wolf-wall-street-jordan-belfort-jamie-dimon-right-bitcoin/
- https://www.thestreet.com/story/14320675/1/bitcoin-is-a-fraud-says-wolf-of-wall-street-jordan-belfort.html
- https://www.biography.com/people/jordan-belfort-21329985