Right this moment – Michael Saylor visited Dave Portnoy's studio at his invitation to speak about Dave Portnoy. Portnoy owned a small quantity of BTC and different cryptocurrencies just a few years in the past and has since offered all of them, however after seeing Saylor's MicroStrategy proceed to purchase Bitcoin continuous, he now owns a small quantity of BTC and different cryptocurrencies. It looks like he regrets his choice.

Portnoy and his Bitcoin story

Portnoy, the founding father of Barstool Sports activities, purchased round $2 million value of Bitcoin in 2020, however offered it in August, simply as MicroStrategy purchased its first batch of BTC.

He confessed to Saylor at the moment that he was impressed by the information that the Winklevoss twins stated in 2020 that Elon Musk was going to enter house to seek out infinite gold. This prompted the homeowners of Barstool Sports activities to panic and promote their BTC. This summer season, he obtained again into the sport, saying he would purchase Bitcoin if it fell to $40,000 per coin.

Saylor explains Bitcoin and Satoshi to Portnoy

In response to Portnoy's query, Michael Saylor used a sports activities metaphor to elucidate Bitcoin, likening it to a staff of champion gamers, similar to Michael Jordan, who’re digitized and might play endlessly. You’ll be able to watch them, you possibly can play with them, and even when they rating greater than you, you possibly can nonetheless win collectively, Saylor defined. Irrespective of the place you go, there are a whole bunch of thousands and thousands of individuals on Bitcoin groups, Saylor stated. “It is best to be part of the Bitcoin staff, too,” he instructed Portnoy. “And never simply profitable video games, however getting wealthy whereas profitable video games,” Saylor added.

Concerning Satoshi Nakamoto, the mysterious particular person or group of people that created Bitcoin, Saylor instructed Portnoy that Satoshi is an actual particular person, but it surely doesn't matter who he’s or was. . “We're all Satoshis now,” he used the well-known cliché when he answered. Thaler likened Satoshi to Prometheus, who stole fireplace from the traditional Greek gods and introduced it to humanity, and thus likened Bitcoin to the hearth that may essentially affect human life for hundreds of years to come back.

Saylor additionally reminded Portnoy that “Bitcoin offers you management over your cash.” Thaler believes it’s “egalitarian, humane, and economically sensible.” He ended the dialog by saying that I ought to be part of the Bitcoin staff.

This text was initially printed on U.Right this moment