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Dave Portnoy, the outspokenness of Barstool Sports, used its first appearance in Coindesk consensus 2025 to form the XRP conference spotlight. Speaking on the main scene of the Toronto Convention Center Metro, Portnoy admitted that he had bought the token for a single reason: the fear of missing.
Seal on stage By the strategist of the media Sam Ewan, Portnoy opened with light jokes about Toronto Pizza-“north of Brooklyn is still, I would say that my favorite”, he insisted, giving “Bill-out Greek, which is like my hood for Toronto”-before the market which attracted thousands of people to consensus.
Pressing on if the current cycle is dominated by the so-called parts, Portnoy cut in pursuit. “Even Bitcoin is frankly a same,” he said. The remark set the tone for a discussion that has oscillated between portfolio confessions and cultural criticism.
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When Ewan tried to locate the most daring bet in Portnoy, the 47-year-old hit the winners in the way others remember birthdays: Axon’s stock at around $ 200 (now about $ 700, he noted), the Michigan Rose Bowl triumph and Scottie Scheffler capturing Masters. However, he called these “two different things” victories of instant gratuity and linked to a sofa to look at a line of green candles. “There is something about it when you place a bet, you see Bitcoin go up, you see XRP climbing, and you are just sitting on your sofa -” I did not work. “It’s a great feeling,” he admitted.
Why xrp, not bitcoin
The Fomo Auto-Diagnatique de Portnoy emerged in sharpness while the conversation turned to real estate. He remembers crushing his fist on a desk after being overbidden in a Miami apartment by “A Crypto Bro” who “heard of Bitcoin when he was, I don’t know, eight dollars, seven dollars.” The episode, he said, crystallized the anxiety of missing a asymmetrical trade: “I have a slave for twenty years and he made me from me.”
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This same impulse, admitted Portnoy, now led his position in XRP. “What is – two dollars forty hundred or something like that?” What if it’s the next bitcoin? ” He said, stressing that his allowance reflects a speculative itching rather than a thesis on the technology or the token of Ripple. “It’s Fomo. It’s not like I had a great belief in it.”
In perhaps the most revealing anecdote of the panel, Portnoy drew its heavy story with Bitcoin for a fortuitous meeting: “I bought Bitcoin the first time for about $ 10,000 … the Winklevoss twins Rest next to me in a hotel and they came and explained what Bitcoin was. It was the most stupid explanation I ever heard, and I sold it there. »»
The confiscated position – “around $ 2 million” – would have dismissed all the other victories in his career, he conceded, highlighting the emotional swing between conviction and capitulation which defines many retail trips through the cycles of arrow and crypto Boust.
At the time of the press, XRP exchanged $ 2.40.
Youtube star image, tradingView.com graphic
