#WhitePaper of the majority #crypto #exchanges

Mark Hanna: Number one rule of Wall Street. Nobody, I don’t care if you’re Warren Buffet or if you’re Jimmy Buffet, nobody knows if a stock is gonna go up, down, sideways or in fucking circles, least of all stock brokers, right?
Mark Hanna: It’s all a fugazi. Do you know what fugazi is?

Jordan Belfort: Fugazi, it’s a fake

Mark Hanna: Yeah, fugazi,. It’s a wazi, it’s a woozi. It’s. fairy dust. It doesn’t exist, it’s never landed, it is no matter, it’s not on the elemental chart. It’s not real. Right?
Jordan Belfort: Right.

Mark Hanna: Alright?

Jordan Belfort: Right.

Mark Hanna: Stay with me. We don’t create shit; we don’t build anything.

Jordan Belfort: No.
Mark Hanna: So if you got a client who brought stock at eight, and it now sits at sixteen, and he’s all fucking happy, he wants to cash it and liquidate and take his fucking money and run home. You don’t let him do that.

Jordan Belfort: Okay.
Mark Hanna: Cause that would make it real.

J.Belfort: Right.

Mark Hanna: No, what do you do? You get another brilliant idea, a special idea. Another situation, another stock to reinvest his earnings and then some. And he will, every single time. Cause they’re fucking addicted.
And then you just keep doing this, again, and again, and again. Meanwhile, he thinks he’s getting shit rich, which he is, on paper. But you and me, the brokers?

Jordan Belfort: Right.
Mark Hanna: We’re taking home cold hard cash via commission, motherfucker.

Jordan Belfort: Right! That’s incredible, sir. I’m…I can’t tell you how excited I am.
Source : the wolf of wall street
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