Is Bitcoin A Scam?

in cryptocurrency •  3 months ago

Summary:

The "Wolf of Wall Street" (Jordan Belfort) has called Bitcoin a scam.

We examine claims that Bitcoin is anonymous and that its primary purpose is money laundering.

Is it true that Central Banks will not allow Bitcoin and that they "do not want it?"

Good article debunking crypto as a "scam" by Hans Hauge from Seeking Alpha, link below.

https://seekingalpha.com/article/4202799-bitcoin-scam

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

To the question in your title, my Magic 8-Ball says:

Most likely

Hi! I'm a bot, and this answer was posted automatically. Check this post out for more information.

Jordan belfort is maybe a rich man, but he doesn't have his head straight either xD. So i wouldn't really make a point of what he says haha!

·

Totally agree. Funny how they brought him out of rehab just to talk negatively on BTC.

·

NexusBot.io - Best Crypto Trading Bot

  • Bittrex
  • Poloniex
  • Bitfinex
  • 50+ exchanges

Welcome to NexusBot.io

Congratulations @nopantslance! You have completed the following achievement on Steemit and have been rewarded with new badge(s) :

Award for the number of upvotes received

Click on the badge to view your Board of Honor.
If you no longer want to receive notifications, reply to this comment with the word STOP

Do you like SteemitBoard's project? Then Vote for its witness and get one more award!

I think it's a stupid comment from Jordan Belfort. Everyone knows how much of a crook he was and scammed a lot of people.

Can't really call out Bitcoin, when his morals are extremely questionable.