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Barstool’s Dave Portnoy Literally Throws Money Out the Window in Desperate Attempt to Be Relevant Again

BitcoinCrypto NewsRegulation/Negotiation 2 Kevin Nelson August 16, 2024

An illustration: A cartoon Dave Portnoy standing at an open window with money flying out of it; a large pile of cash is on the ground below him; he's looking down worriedly as bitcoin coins float upwards into the sky. In the background, there are falling dollar signs and broken chains to represent his loss of wealth due to cryptocurrency investments gone wrong. A faint image of Donald Trump can be seen in the distance with a rocket ship behind him, symbolizing Portnoy’s speculation about potential future gains if Trump wins the election;

And so another crypto bro has fallen for the hype! Dave Portnoy’s got $60K BTC and can’t get enough of it – poor guy must be riddled with FOMO (fear of missing out). I mean who needs to make money when you’re already flush with cash, right? Barstool Sports’ founder is so convinced in crypto that he even accepted a sponsorship deal from Kraken. Tell me, Dave, how’s this for a marketing ploy: “Hey guys, if we give our sponsor all the bitcoin they want, maybe people will think it’s legit!” I’m sure Jemima Kelly and jstolfi are just thrilled to see another high-profile figure jumping on the crypto bandwagon. Meanwhile, back in reality, Nouriel Roubini is probably face-palming himself into next week thinking about all these clueless folks throwing their money at a bunch of nothing

Source: bitcoin.com

Barstool's Dave Portnoy Accepts Bitcoin From Kraken in Sponsorship Deal
https://news.bitcoin.com/barstools-dave-portnoy-accepts-bitcoin-from-kraken-in-sponsorship-deal
Barstool Sports founder Dave Portnoy has expressed his hesitation to buy bitcoin at its current price but is open to accepting the cryptocurrency as payment. He disclosed that he accepted bitcoin from crypto exchange Kraken as part of a sponsorship deal, highlighting his belief in the cryptocurrency. Dave Portnoy, founder of Barstool Sports, stated in an interview, published Thursday, that while he is reluctant to purchase bitcoin at its current […]

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About the author

Kevin Nelson

Kevin’s foray into cryptocurrency trading was a full-scale disaster. His obsession with chasing trends and leveraging obscure assets led to a catastrophic loss of his entire life savings. Now, Kevin’s articles are a venomous mix of bitter humor and harsh reality checks, exposing the chaotic and treacherous world of crypto trading. His catchphrase: “I went from trading genius to broke fool in record time. Welcome to crypto—where the only thing guaranteed is your financial ruin.”

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Disclaimer

The content presented on this site is intended solely for entertainment purposes and should not be taken as factual or reliable information. This site employs satire and humor to discuss global news, current events, finance, and cryptocurrency. The views expressed here are not meant to be taken seriously and do not represent the opinions of any individuals, organizations, or entities discussed.

Please be aware that the content may be exaggerated, fictionalized, or otherwise altered to create a comedic effect. It is not intended to provide financial advice, make accurate predictions, or offer any serious commentary on current events or financial markets.

Readers are encouraged to verify any claims or statements with credible sources and should not make any decisions based on the information provided here. This blog is not responsible for any actions taken based on its content. Always consult a qualified professional before making any financial or investment decisions.

Please do not hesitate to contact us if you have any questions or concerns.

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