RATE Group | Bitcoin [BTC] is going to evaporate, says ‘Wolf of Wall Street’
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Bitcoin [BTC] is going to evaporate, says ‘Wolf of Wall Street’

27 Aug Bitcoin [BTC] is going to evaporate, says ‘Wolf of Wall Street’

Posted at 19:06h in Bitcoin News by

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Jordan Belfort, aka, the “Wolf of Wall Street” believes that Bitcoin, the top-ranked cryptocurrency is going to evaporate. The former penny-stocker broker who was pleaded guilty to fraud charges in 1999 is no stranger to espousing negative rhetoric about Bitcoin and the cryptocurrency market in general.

All the Makings of a Scam

Speaking to CNBC as part of a documentary titled “Bitcoin: Boom or Bust,” Belfort expressed his staunch belief that BTC investors were heading for a sad end. According to Belfort, BTC is the next great scam that would render many people penniless after the bubble bursts. During the interview, the Wolf of Wall Street also said:

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.

Belfort maintains that the BTC fraud plays into the modern-day world where the Internet has become a tool for manipulation. According to the former…

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