🐺 "We had choir boys compared to what's going on now!" - Jordan Belfort AKA The Wolf of Wall Street

London Real

Brian Rose

Investing, Cardano, Crypto, Bitcoin, Brianrose, Ethereum, Londonreal, Technology, Cryptocurrency, Business, Defi

4.4 • 1.9K Ratings

🗓️ 27 May 2022

⏱️ 7 minutes

🔗️ Recording | iTunes | RSS

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Summary

Join me and Jordan Belfort AKA The Wolf of Wall Street for a 2-Day Crypto Masterclass in London next month: https://londonreal.tv/wolf

Transcript

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0:00.0	I try to explain that to my students that are like well Brian and we're gonna talk about DeFi.
0:04.4	When I go on Uniswap because I get my students to use these trades,
0:07.3	I got charged this gas fee but there's no gas on Coinbase and I just laugh out loud.
0:11.6	And I'm like do you know what these guys are doing over there?
0:14.1	They're giving these big bid offer spreads.
0:16.7	They're making mad money.
0:17.8	It's probably crazier there than the trading for a Stratton.
0:20.8	You know, they're making-
0:21.7	Oh yeah, for sure.
0:22.3	And I am a god.
0:23.3	My weird quieter boys compared to what's going on now.
0:26.7	You're right.
0:27.1	And you know, I had what Alex Machinsky has Celsius on here and he was calling them out saying,
0:31.6	yeah, this isn't crypto.
0:32.8	This is a stock broker.
0:35.3	You know, broken crypto is what it is.
0:37.2	It's an old school institution that's using a new-
0:39.6	It's not going to do a crypto.
0:40.7	Yeah, I do an instrument.
0:41.6	And I think people need to be aware of that.
0:43.3	Right now, you know, they've got a lot of liquidity.
0:45.6	They're making a lot of money but it isn't the blockchain.
	...

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