Neo-rock Posted July 2, 2018 #1 Posted July 2, 2018 The former stock broker who have been succeeded in stock brokering.He became star when the movie released wolf of wall street where Leonardo DiCaprio plays his role He served 22 months in a California prison after pleading guilty in 1999 to a seven-year scheme at his Long Island brokerage, Stratton Oakmont, which manipulated the price of stocks and left investors holding nearly worthless securities. According to Belfort, that experience has given him insight into a modern financial asset: Bitcoin. He strongly keep his word in a youtube taht "I know this better than anyone in the world. I'm not proud of that, but I do." The Greater Fools Theory is an idea Belfort himself profited from at Stratton Oakmont. And he's not the only one who sees bitcoin in this light. Billionaires Bill Gates and Warren Buffet have similarly criticized bitcoin. "As an asset class, you're not producing anything and so you shouldn't expect it to go up. It's kind of a pure 'greater fool theory' type of investment," Microsoft co-founder Gates told CNBC on "Squawk Box" in May. "Bitcoin and ICOs, I believe completely [they're some] of the crazier, speculative things." source :https://www.cnbc.com/2018/06/29/wolf-of-wall-street-jordan-belfort-get-out-of-bitcoin.html
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