EXCLUSIVE: Wolf Of Wall Street Jordan Belfort Says He Was Right About Crypto Being A Scam, But Bitcoin Is Different
Portfolio Pulse from Chris Katje
Jordan Belfort, known as The Wolf of Wall Street, has revised his previous stance on cryptocurrency, now believing that Bitcoin has lasting power. He maintains that the majority of cryptocurrencies are scams, but admits he was wrong about Bitcoin and Ethereum. Belfort also praised MicroStrategy Inc's co-founder and executive chairman Michael Saylor's understanding of Bitcoin.
September 25, 2023 | 8:11 pm
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POSITIVE IMPACT
Jordan Belfort's revised positive stance on Bitcoin could potentially influence investor sentiment and drive demand for the cryptocurrency.
Belfort's change of stance from negative to positive on Bitcoin could influence other investors, potentially leading to increased demand and a rise in Bitcoin's price.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Belfort's praise of MicroStrategy's Michael Saylor's understanding of Bitcoin could potentially boost investor confidence in the company.
Belfort's positive comments about MicroStrategy's co-founder and executive chairman Michael Saylor could boost investor confidence in the company, potentially leading to a rise in its stock price.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 60