The Wolf of Wall Street Finds DOGE and SHIB Are Worthless
Jordan Belfort, author of the book “The Wolf of Wall Street”, stated that he finds DOGE and SHIB coins worthless.
Famous economist Jordan Belfort, who was imprisoned for 22 months for defrauding his investors and also published a book called "The Wolf of Wall Street" in which he wrote about his experiences in 2007, talked about
Dogecoin and Shiba Inu, perhaps the two most talked about phenomenon tokens of 2021.
“The Wolf of Wall Street”
Jordan Belfort said that Dogecoin and Shiba Inu have no value whatsoever. In an interview with The Sun, one of the British Newspapers, Belfort noted that thanks to blockchain technology, impossible to hack cryptocurrencies such as Bitcoin are created, but investors should be careful about phenomenon tokens.
Belfort, who said that people invest significant amounts of money in "meme tokens" with the dream of getting rich, used the following statements:
“Such 'Sh*t coins' are scams. There are too many of them, and none of them has any logic, no purpose. They're out to get people's money. We hear stories of people who have become millionaires or billionaires, but there are also tens or even hundreds of thousands of people who have gained and lost nothing.”
"These People Should Go To Jail..."
Stating that many cryptocurrencies have emerged under the name of phenomenon tokens and that the creators are deceiving people by making illegal promises in chat rooms, Belfort said, “These people should go to jail. There's nothing legal about what you're doing. The more states get involved in this business, the bigger the industry will grow. People will start to trust. That will also be good for crypto. The wheels of justice turn slowly but move forward with determination. I think eventually someone will be seriously blamed for this. I hate all these legal issues because it gives digital currencies a bad reputation.”