Dave Portnoy, the founder of the Barstool Sports blog and an outspoken bitcoin sceptic, has invited cryptocurrency exchange founders Cameron and Tyler Winklevoss to explain bitcoin to him.
“I’m officially inviting the Winklevi [sic] twins to my office to explain bitcoin to me,” Portnoy said via Twitter, adding: “I want to buy all the bitcoins.”
“Invitation accepted,” Tyler Winklevoss replied, with his brother Cameron adding: “I’m in too.”
Cameron Winklevoss (L) and Tyler Winklevoss have become two of the most recognizable names in … [+]
Portnoy, who has built a reputation as a stock market day trader during the coronavirus lockdowns, has repeatedly told his Twitter and live stream fans he’s not into bitcoin and cryptocurrencies, saying last month he “isn’t in on bitcoin,” after attention from teens on TikTok caused the “joke” cryptocurrency dogecoin to double in value.
Portnoy has found success riding the massive share price rallies sparked by unprecedented market intervention by the U.S. Federal Reserve since the coronavirus pandemic brought the global economy to a shuddering halt. That success helped him land an interview U.S. president Donald Trump last month.
Gemini, the New York-based bitcoin and cryptocurrency exchange founded by the Winklevoss twins in 2014, has been contacted for comment but there are no details yet on when or where the interview will happen.
The Winklevoss twins have become household names in the U.S. since the release of the Hollywood blockbuster The Social Network, a fictionalised account of how they worked with Facebook cofounder and chief executive Mark Zuckerberg on an early version of the website.
This isn’t the first high-profile meeting between bitcoin and cryptocurrency heavyweights and big names in finance.
Earlier this year, Chinese cryptocurrency entrepreneur Justin Sun sat down with legendary investor Warren Buffett, hoping to convince him of the merits of bitcoin and cryptocurrencies after Buffett famously described bitcoin as “probably rat poison squared” in 2018.
Portnoy’s newfound interest in bitcoin was welcomed by the crypto community.
The bitcoin price has rallied by more than 20% over the last month.
“Amazing,” Ryan Selkis, the founder of bitcoin, cryptocurrency and blockchain analytics firm Messari commenting on the interview plans via Twitter.
The bitcoin and cryptocurrency faithful have recently cheered a market rally that’s pushed the bitcoin price back above the psychological $10,000 per bitcoin level.
The exact reason for the latest bitcoin price surge is not completely clear, however, crypto market watchers have pointed to bitcoin’s supply cut in May, when the number of new bitcoin coming onto the market was halved, coupled with the U.S. Federal Reserve’s massive stimulus measures in the wake of coronavirus-induced lockdowns as bullish for the bitcoin price.
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