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Inviting Bitcoin billionaires to be tutors, day traders in the US stock market are getting into Bitcoin and actively accumulating Chainlink

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Inviting Bitcoin billionaires to be tutors, day traders in the US stock market are getting into Bitcoin and actively accumulating Chainlink

Previously reported stock market day trader turned internet celebrity Dave Portnoy met with the Winklevoss twins, the world's first Bitcoin billionaires, on the 4th. He sought advice on basic Bitcoin knowledge. Ultimately, Dave Portnoy was convinced and purchased approximately $200,000 worth of Bitcoin, along with a $50,000 stake in the Chainlink oracle project.

Inviting Bitcoin Billionaires to Teach

According to previous reports, Dave Portnoy, the founder of the well-known American sports and pop culture forum Barstool Sports and a day trader in the U.S. stock market, stated on his live show on August 4th that if he were to spend $20,000 to buy Bitcoin, his assets would be like being in the "mysterious power of the universe." He expressed his reluctance to deal with wallets, long passwords (private keys), and his uncertainty about what his investment would turn into.

Later, Dave Portnoy turned the topic to the world's first Bitcoin billionaires, the Winklevoss twins. Dave Portnoy invited the Winklevoss twins to his office via Twitter to explain to him what Bitcoin is, with the condition that they must come dressed in their college rowing uniforms.

"If the Winklevoss brothers want to come over and explain to me how it works in a way that I can understand, then I am willing to delve into Bitcoin. I want both of them to appear at the same time, sitting in chairs in their rowing uniforms explaining it to me."

In response, the brothers accepted the invitation via Twitter, and Dave Portnoy replied:

"Come on! I'm going to buy all the Bitcoin."

Getting $250,000 Worth of Cryptocurrency

Just yesterday (the 13th), Dave Portnoy met with the Winklevoss twins, but unfortunately, the twins did not show up in the agreed rowing uniforms. In a video posted by Dave Portnoy, the Winklevoss twins explained the basics of Bitcoin to Portnoy.

The Winklevoss twins explained to Dave Portnoy that Bitcoin is like the gold of the internet, and in the Bitcoin system, there is a group of workers responsible for verifying transactions, known as miners, who are in charge of mining and maintaining the blockchain. Interestingly, the Winklevoss twins emphasized that the total amount of Bitcoin is fixed, unlike gold, which may lose its scarcity due to certain reasons:

"Bitcoin has a fixed supply, unlike gold, which could lose its value storage due to changes in quantity. For example, if Elon Musk thinks about mining gold in space, it would devalue gold."

Furthermore, Dave Portnoy asked the Winklevoss twins:

"I heard you can just create coins and then pump and dump them?"

To this, the Winklevoss twins confirmed that anyone can issue tokens on the blockchain, and if Dave Portnoy wants to issue "Dave Coin," they can help him find engineers to issue it. However, this does not mean that issuing coins will necessarily lead to wealth, as the tokens you issue must first be recognized by someone to truly have value.

Finally, the Winklevoss twins guided Dave Portnoy to purchase about $200,000 worth of Bitcoin, and Portnoy even voluntarily requested to allocate $50,000 to purchase the trending Oracle project Chainlink (LINK).