Dave Portnoy meets Pomp: ‘Bitcoin is just one big Ponzi scheme’

Cointelegraph

Published Sep 24, 2020 11:54PM ET

Updated Sep 26, 2020 02:20AM ET

Popular day trader and founder of Barstool Sports Dave Portnoy revealed that he bought $1.25 million worth of Bitcoin even though he thinks its “just one big Ponzi scheme” in an interview with crypto podcaster Anthony Pompliano. Portnoy summed up his view of crypto trading as:

The sport and pop culture celebrity, whose day trading exploits have become hugely popular during the coronavirus pandemic, only recently delved into the world of crypto. He entered the Bitcoin (BTC) market in mid-August, following a meeting with the billionaire Winklevoss twins.

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