Popular Twitter personality Dave Portnoy, famous for his motto “stocks only go up,” now wants to learn about Bitcoin (BTC) from Gemini co-founders Tyler and Cameron Winklevoss.

In a Twitter clip
extracted from his latest daily show on August 4, Portnoy tells the
Winklevoss twins he’d like them to “explain Bitcoin in a way that I
would understand,” he said.

Portnoy stressed that he wants them to
come in “their little rowing outfits,” in a reference to the movie The
Social Network, where they were shown competing in Harvard’s rowing
team.

Both Tyler and Cameron accepted the invite shortly after. 


Bitcoin in the ether


Portnoy
recounted how he once bought BTC in “that original Bitcoin age” but
lost all access to it. “I’ve spent 20 grand, it’s just sitting in the
ether,” he lamented in what appeared to be an accidental pun.

He
said that he does not know how to buy Bitcoin or how to maintain self
custody of the asset once acquired, which is why he wants the Winklevoss
twins to come and explain it to him. He also revealed in passing that
he had already talked to them about this, but “they wanted a free ad.”
Portnoy on the other hand wants “to get rich” by learning about it.

A viewer appears to have suggested he buys Chainlink (LINK) as well, though he immediately replied “I don’t know how, I’ve already explained.”


An irreverent persona


Portnoy
is the founder of Barstool Sports, a sports news website. Since the
coronavirus lockdowns, he has immersed himself in the world of daily
stock trading, reportedly to make up for the closure of sports betting. 

He
makes daily videos about his fortunes and misfortunes in the stock
market, famously saying phrases like “stocks only go up” or “I have as
much experience as Joe Dick Tom Warren Buffet.”

He reportedly
inspired his followers to enter the stock market through retail
platforms like Robinhood, though he is known for using E*Trade.

Portnoy
and the Davey Day Trader persona are considered the poster child of
irrational exuberance that led to events like Hertz’s post-bankruptcy
rally or Dogecoin’s TikTok-fueled Rally.

The
sudden interest in Bitcoin could be due to plunging profits in the
stock market, as the latest rally is primarily led by a few very large
stocks like Apple, Facebook and Microsoft. Earlier in the Tuesday show,
he complained of a $40,000 loss on Shopify.

While the latest
events could result in publicity for Bitcoin among stock traders who
follow Portnoy, the interest is unlikely to last longer than the current rally.

source link : https://cointelegraph.com/news/robinhood-influencer-wants-the-winklevoss-twins-to-explain-bitcoin-to-him