After the cryptocurrency’s meteoric rise to becoming one of the most valuable things in the world at the moment, everyone has their mind on Bitcoin. Even if many don’t know or understand how to get it or invest in it. Stories are coming out of people putting their life savings into buying what Bitcoin they can, or beefy computer “mining” rigs to scoop up whatever coins possible through its esoteric gathering process. It’s a digital gold rush. But some are calling it fool’s gold.
The problem is an impending bubble, and that most of Bitcoin are held by one man, the cryptocurrency’s creator Satoshi Nakamoto. As Mashable has recently pointed out — if he decided to drop his massive stash, he might become a trillionaire, but the market would plunge and a lot of people would lose loads of money as the bubble bursts. Now the ‘Wolf of Wall Street’ himself, Jordan Belfort a man who knows something about markets and people losing money.