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Michael Saylor visited Dave Portnoy's studio to discuss Bitcoin. Portnoy, who previously sold his Bitcoin, now regrets his decision as MicroStrategy continues buying.
Portnoy and his Bitcoin story
Portnoy, founder of Barstool Sports, bought $2 million worth of Bitcoin in 2020 but sold it in August when MicroStrategy made its first purchase. He admitted that news from the Winklevoss twins about Elon Musk searching for gold made him panic and sell. This year, he expressed interest in re-entering the market if Bitcoin drops to $40,000.
Saylor explains Bitcoin and Satoshi to Portnoy
Michael Saylor used sports metaphors to explain Bitcoin to Portnoy, comparing BTC to champion sports teams that can play indefinitely. He encouraged Portnoy to join 'team Bitcoin,' stating that wealth is part of the game. Regarding Satoshi Nakamoto, Saylor said the identity is irrelevant, emphasizing that 'we are all Satoshi now' and equating Bitcoin to the fire stolen by Prometheus, which had a lasting impact on humanity. He concluded by affirming that Bitcoin grants control of one’s finances, viewing it as a humanitarian and economically sensible choice. He reiterated that Portnoy should join 'team Bitcoin.'
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