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Cryptocurrency Ecosystem => Bitcoin Forum => Bitcoin News & Updates => Topic started by: emjay825 on August 29, 2018, 05:59:48 PM

Title: Is Bitcoin A Scam?
Post by: emjay825 on August 29, 2018, 05:59:48 PM
Former penny-stock broker Jordan Belfort spent nearly two years in prison for scamming investors. Bitcoin, he has no doubt, is the next trap that could leave some retail investors penniless. Bitcoin is often described as anonymous because people don't need to give any identifying information to send or receive it. While transactions are recorded on a public ledger, they're listed under an alphanumeric code known as a "public key," which doesn't reveal the trader's identity. He predicted that it could go bust within the year, and when it does, it will be "the bust heard around the world." More here (https://www.cnbc.com/2018/08/27/wolf-of-wall-street-warns-investors-of-the-next-big-trap-bitcoin.html).