In our previous post, we discussed a little about the life of Jordan Belfort and how he transformed himself after being dropped out of dental school when his college Dean told him that the golden age of the profession has long passed and no longer had brought quick and easy money.
Check the post here.
Today we are talking about Jordan Belfort view's about Bitcoin and cryptocurrencies.
What Jordan Belfort Thinks about Bitcoin
Jordan Belfort is one of the biggest Bitcoin and cryptocurrency critics.
Here's what he said in an interview with CNBC in August 2018.
I was a scammer, I had it down to science, and it's exactly what's happening with Bitcoin. The whole thing is so stupid, these kids have gotten themselves so brainwashed.
But to fully understand Belfort attitude to Bitcoin, you would have to see his previous interview where he explains that the is not criticizing specifically Bitcoin.
When Jordan talks about fraud, he implies the cryptocurrency price grade manipulation which affects investors who risk losing all their money.
Belfort does not consider fraudsters those who invented Bitcoin. In his understanding, it was a group of financial anarchist who went through with a bold experiment.
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