"Bitcoin should be ZERO right now" says Wolf of Walstreet, Jordan Belfort
The other day in a Facebook live post, Jordan Belfort goes off on a 15 minute video stating that cryptocurrency is a fraud and coming to an end. After about 5 minutes in, he gets nearly incoherent and claims hes knows everything about bitcoin yet he never mined, bought or participated in the market.
Link to the Facebook video is below.
Heres some quoted highlights from the video:
"I came very close to mining bitcoin"
"All this is, is fucking air, no underlying value!"
"We dont speak about FUD, its a moronic thing to say"
"Bitcoin should be zero right now"
"You're being taken to the cleaners over a stupid brain washing scheme"
"Its Smegma, its crap, its worthless..its worthless..you understand!?"
"Sell the shit, get out and go into the real world."
Funny how a Walstreet guy who doesnt own a satoshi of crypto, thinks the crypto market is more manipulated than Walstreet..
Grab some popcorn and enjoy the venom and idiocy:
What do you guys think?
beautiful content I can't help but agree
He doesn't have enough knowledge on the subject. On the surface it is understandable why he thinks cryptocurrencies are a fraud. He looks at Bitcoin's current form and sees there are transaction fees, slow transaction times and lots of wasted electricity. The survival of the fittest contest between coins will slowly but surely address these issues.
Yes, some coins will become worthless (a lot of ICOs are frauds nowadays) but the coins/platforms that survive will change the world for the better.
Couldn't agree more, let the free market decide.
Guy is funny! He knows all about it ;) I bet he can predict the future too! Upvoted