We don’t give two shits about how technology works, because all we care about is getting fucking rich! - Mark Hanna
The Wolf of Wall Street is a dark comedy film by Martin Scorsese and written by Terence Winter, based on the memoir of Jordan Belfort. The movie attempts to show us the life of wall street brokers and the “dark side” of American financial industry. However, re-watching this movie after getting into the crypto -world has offered me a new experience watching this movie.
The real Jordan Belfort, swindled a lot o people by selling fake inflated value stocks. He targeted small business owners and small investors through cold-calling method in the early 1990’s. Later, he was charged with fraud and money laundering as he moved his money overseas.
Meanwhile, the film starts with young Belfort, who was enthusiastic into crushing it in the Wall Street, the mecca of American capitalism. On his first day job, he was straightly taken under the wing of who told him some tricks and remarked a secret of making there “ cocaine and hookers”. Shortly in the movie, he was soon hooked with illicit pleasures and becomes greedier.
Of course the movie has its own dramatization. After the dark day. He went out from Wall Street and joined a small investment firm which offers 50% if he could sell pink chip, a.k.a penny stocks. An interesting conversation happened between Dwayn, the worker in that small investment firm and Belfort.He brought what he learned from Wall Street to his new place and soon made fortune for himself. At this point, Belfort got greedier and decided to assemble a small group containing hustlers.
The thing is with cryptocurrency you don’t need brokers. You can trade at your own risk and you are alone, responsible for the loss and everything that comes with it. If you feel cheated, that’s probably on you for not doing due diligence or it’s probably on them, for attempting fraud with your money.
I highlighted some interesting conversations in the movie that we all cryptocurrency holder may relate.
Jordan to Dwayne : Jordan " six cents a share? oh c'mon who buys this crap ?"
Jordan, " is this stuff regulated or you guys, what are you doing?"
"It's three dollar you cheap fuck!"
Dwayne, "you call this company mainline, their mom Dorothy answers it and she's so sweet. I honestly don't know anything else other than that"
Teresa, " Yeah, wouldn’t you feel better if you sold that stuff to rich people who can like afford to lose all that money?
Jordan Belfort, Of course. But rich people don’t buy penny stocks, they just don’t.
Would you want to re-watch this movie and have a good laugh?
~ Mac