Popular Twitter personality Dave Portnoy, famous for his „stocks just go up“ motto, now wants to learn about Bitcoin (BTC) from Gemini co-founders Tyler and Cameron Winklevoss.
In a Twitter clip from his latest daily show on Aug. 4, Portnoy tells the Winklevoss twins he would like them to „explain Bitcoin in a way I can understand,“ he said.
Portnoy emphasized that he wants them to go in „their little rowing outfits,“ in a reference to the movie The Social Network, where they were shown competing on the Harvard rowing team.
Both Tyler and Cameron accepted the invitation shortly thereafter.
Bitcoin in the ether
Portnoy related how he once bought BTC in „that original Bitcoin era“ but lost all access to it. „I’ve spent $20,000, it’s just sitting in the ether,“ he lamented in what seemed like an accidental pun.
He said he doesn’t know how to buy Bitcoin or how to maintain self-custody of the asset once it is acquired, so he wants the Winklevoss twins to go and explain it to him. He also revealed in passing that he had already told them about this, but „they wanted a free advertisement. Portnoy, on the other hand, wants to „get rich“ by learning about it.
A viewer seems to have suggested that he buy Chainlink (LINK) as well, although he immediately replied „I don’t know how, I’ve already explained it“.
An irreverent person
Portnoy is the founder of Barstool Sports, a sports news website. Since the beginning of the coronavirus quarantine, he has immersed himself in the world of daily stock trading, supposedly to compensate for the closure of sports betting.
He makes daily videos about his fortunes and misfortunes in the stock market, saying phrases like „the stocks are only going up“ or „I have as much experience as Joe, Dick, Tom, Warren Buffet“.
Apparently this unique character inspired his followers to enter the stock market through retail platforms like Robinhood, although he is known to use E * Trade.
Portnoy and the Davey Day Trader character are considered the children of an irrational exuberance that led to events such as the post-bankruptcy rise of Hertz or the price rise of Dogecoin driven by TikTok.
Their sudden interest in Bitcoin could be due to falling profits in the stock market, as the latest rally is mainly led by some very large stocks such as Apple, Facebook and Microsoft. Earlier in Tuesday’s program, he complained about a $40,000 loss on Shopify.
While the latest events may generate some publicity for Cryptosoft among stock traders following Portnoy, it is unlikely that the interest will last longer than the current trend.