Jordan Belfort: The bitcoin is a scam

The real Wall Street Wolf, Jordan Belford, said in a special television interview that the swashbuckling and ditching schemes that led him being imprisoned are still a reality on Wall Street.
"This is still happening today," Belfort commented on The Street, financial magazine. "People use internet and chat rooms to discuss how to inflate the prices of certain stocks," the Wall Street wolf said.
Belfort is not sure whether he could really recreate the "swell and ditch" schemes in today's reality, given the growth in popularity of the global network.
As for people who have lost money on account of his financial schemes, Belfort continues to make up for the revenue from his book and media presentations.
Belfort is the author of the new book, 'The Way of the Wolf'.
Wall Street Wolf commented that he had already recovered $18 to 19 million from damage to investors by planning to rebuild more.
As for the bitcoin, Belford is concerned, that it was definitely a scam.
And while he sees a future in cryptocurrencies, he is worried about the possibility of hackers stealing the people's bitcoins.
"I know people who have lost all their money in this way," Belfort said, adding that he would never buy bitcoins himself.
Belfort expects central banks to present their own cryptocurrencies, and this is the factor that can halt the rise of cryptocurrencies.