When the wolf shouts with the pack. After having already informed us of his expert opinion about the ICO, fundraising in cryptocurrency he considered in 2017 as "one of the greatest scams in history" here is Jordan Belfort back to treat us, and continue to do what it does best: protect the widow and the orphan, and alert the innocent small savers of the cryptosphere not to leave their wool stockings; because according to him, bad sharks swim in troubled waters on the deregulated markets of crypto, and it could hurt, very bad, very very badly finish.
In a video available on his Youtube account, Jordan Belfort alarms loudly about the dangers of Bitcoin, which he considers to operate according to a very original theory: the theory called "Greater Fools", in other words, "more stupid".
Let's take the time to summarize it.
Before starting, I invite you to sit down, drink a big glass of water, and especially do not be afraid when I'm going to give you the details of this theory, which will probably cause you, as was the case for me, symptoms like dizziness, a feeling of intense brain overheating, or an impression of suddenly all know and know the world.
Now that you are comfortably settled, here is the detail of his theory: Bitcoin exists only because fools buy more expensive bitcoins from other idiots less foolish than them, in order to sell then to fools more fools than them, in a pyramid of imbecility that will end in ruin and foolish tears, while some fools finally not so stupid will leave in time to avoid Cryptarmageddon.
The Wall Street Wolf has once again pulled fangs against Bitcoin, calling on crypto-investors to take their money out of the destructive spiral before it's too late. If this brilliant demonstration that Bitcoin is a ponzi pyramid did not convince you, I do not know which saint to devote or what to try!
Sources : CCN ; Capital || Images from Shutterstock