Barstool's Dave Portnoy is finally diving into Bitcoin after branding it a "scam"

Published on by Cryptoslate | Published on

It's no wonder that proponents of Bitcoin and cryptocurrency have tried to get him to enter into this space.

Portnoy, like many deeply involved with the internet, has long known about Bitcoin.

In November 2017, he published a hilarious video with the caption "I know it's a scam." In the four-minute clip, the Barstool Sports founder joked that he doesn't "Know what the f**k any of this means," referring to Bitcoin and cryptocurrency.

"Think about this: you literally mine for them online and Bitcoin pops out of the internet like oil I literally don't know what that means; it sounds like Mario Brothers where you hit something and another thing pops up, like a rabbit."

At long last, as of Aug. 4, the Barstool "El Presidente" has confirmed he is entering the Bitcoin space, calling on the help of Cameron Winklevoss and Tyler Winklevoss of Gemini.

Over the past few days, Portnoy's interest in Bitcoin has been rekindled as he's watched the price of the asset undergo serious volatility.

On the morning of Aug. 4, just a day after he lambasted Bitcoin for not being a physical asset, he published the tweet seen below.

In it, Portnoy claimed that while he still "Doesn't f**king understand it," he still wants to own Bitcoin.

"I'm officially inviting the Winklevi twins to my office to explain bitcoin to me. Have to wear the rowing outfits though," Portnoy wrote and said in the video.

I'm officially inviting the Winklevi twins to my office to explain bitcoin to me.

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