One of the most prominent representatives of the latter is Peter Schiff, a businessman who openly criticises Bitcoin (BTC) and denounces its lack of any real value whatsoever.Īll trading, both in cryptocurrency and traditional markets, is always a speculation. It’s also noteworthy that the real value of digital assets is a topic that both proponents and sceptics of cryptocurrencies have been tirelessly arguing about for years. He is convinced that the sole purpose of such “shit coins” is to separate people from their money. The former trader says he is a fan of blockchain technology, but also claims that “there’s a lot of nonsense” in this market.Īccording to Gadgets360, the real Wolf of Wall Street believes Dogecoin and Shiba Inu have no real value. a hell of a read.He went on to claim that meme coin developers, such as MILF Coin (MILF), are “unscrupulous people” who “start the coins and get into a chat room and saying stuff that’s blatantly illegal”īelford considers himself a crypto enthusiast but is opposed to tokens with systems that lose money.
“Entertaining as pulp fiction, real as a federal indictment. Proof that there are indeed second acts in American lives.” - Forbes “A rollicking tale of rise to riches as head of the infamous boiler room Stratton Oakmont. But an insatiable appetite for debauchery, questionable tactics, and a fateful partnership with a breakout shoe designer named Steve Madden would land Belfort on both sides of the law and into a harrowing darkness all his own.įrom the stormy relationship Belfort shared with his model-wife as they ran a madcap household that included two young children, a full-time staff of twenty-two, a pair of bodyguards, and hidden cameras everywhere-even as the SEC and FBI zeroed in on them-to the unbridled hedonism of his office life, here is the extraordinary story of an ordinary guy who went from hustling Italian ices at sixteen to making hundreds of millions. Reputedly the prototype for the film Boiler Room, Stratton Oakmont turned microcap investing into a wickedly lucrative game as Belfort’s hyped-up, coked-out brokers browbeat clients into stock buys that were guaranteed to earn obscene profits-for the house. Now, in this astounding and hilarious tell-all autobiography, Belfort narrates a story of greed, power, and excess no one could invent. In the 1990s Jordan Belfort, former kingpin of the notorious investment firm Stratton Oakmont, became one of the most infamous names in American finance: a brilliant, conniving stock-chopper who led his merry mob on a wild ride out of the canyons of Wall Street and into a massive office on Long Island. From the binge that sank a 170-foot motor yacht, crashed a Gulfstream jet, and ran up a $700,000 hotel tab, to the wife and kids who waited for him at home, and the fast-talking, hard-partying young stockbrokers who called him king and did his bidding, here, in his own inimitable words, is the story of the ill-fated genius they called. By night he spent it as fast as he could, on drugs, sex, and international globe-trotting. Now a major motion picture directed by Martin Scorsese and starring Leonardo DiCaprioīy day he made thousands of dollars a minute. Belfort has the Midas touch.” - The Sunday Times (London) “A cross between Tom Wolfe’s The Bonfire of the Vanities and Scorsese’s GoodFellas. proof that there are indeed second acts in American lives.” - Forbes
“Raw and frequently hilarious.” - The New York Times It’s an extraordinary story of greed, power, and excess that no one could invent: the tale of an ordinary guy who went from hustling Italian ices to making hundreds of millions-until it all came crashing down. In the 1990s, Belfort became one of the most infamous kingpins in American finance: a brilliant, conniving stock-chopper who led his merry mob on a wild ride out of Wall Street and into a massive office on Long Island. From the binge that sank a 170-foot motor yacht and ran up a $700,000 hotel tab, to the wife and kids waiting at home and the fast-talking, hard-partying young stockbrokers who called him king, here, in Jordan Belfort’s own words, is the story of the ill-fated genius they called the Wolf of Wall Street. By night he spent it as fast as he could.