Dave Portnoy: Memecoins Are 'Legalized Ponzi Schemes'

Dave Portnoy, Barstool Sports founder aka stoolpresidente, joins CoinDesk to give his review on digital assets with a focus on the memecoins gamble. Plus, Portnoy reveals the best pizza spot in Toronto ahead of Consensus 2025. - This content should not be construed or relied upon as investment advice. It is for entertainment and general information purposes. - Timestamps: 00:43 Dave Portnoy's Crypto Journey 01:38 Correlation Between Sports, Gambling, and Crypto 02:49 Spotting Trends in Memecoins 04:08 Challenges and Opportunities in Crypto 06:51 Upcoming Consensus Toronto Event 07:50 Dave's Thoughts on XRP and Diversification 08:32 Best Pizza in Toronto - #cryptocurrency #digitalfinance #finance #bitcoin #crypto Subscribe to CoinDesk on YouTube: https://www.youtube.com/user/CoinDesk?sub_confirmation=1 CoinDesk is the leading digital media, events and information services company for the crypto asset and blockchain technology community. Twitter: https://www.twitter.com/coindesk LinkedIn: https://www.din.com/company/coindesk Instagram: https://www.instagram.com/coindesk Facebook: https://www.facebook.com/CoinDesk Newsletters: https://www.coindesk.com/newsletters CoinDesk Podcast Network: https://open.spotify.com/show/2jyIhkvAQhed8AWDZiPpSP Markets Daily Crypto Roundup: https://open.spotify.com/show/7sDXM8BlxsUqzL2IqmLqwE