"Wolf Of Wall Street Jordan Belfort On Bitcoin: Get Out If You Don't Want To Lose All Of Your Money"

Published in CNBC on 2018-06-29, "Wolf Of Wall Street Jordan Belfort On Bitcoin: Get Out If You Don't Want To Lose All Of Your Money" declared Bitcoin dead or fundamentally doomed. The piece argued that Bitcoin failed as a functional currency due to extreme price volatility, slow transaction speeds, and limited merchant acceptance. Bitcoin was trading at $6,204 at the time of publication. Bitcoin crashed more than 80% from its late 2017 peak, with critics pointing to the burst of the speculative bubble.