戴夫·波特诺伊（Dave Portnoy）说：“我认为这不在这里。”

戴夫·波特诺伊（Dave Portnoy）指的是模因硬币，这是他经常通过社交媒体滑稽动作倒入燃料的同一个角落时说：“我认为这不会留在这里。”

"I don't think it's here to stay," says Dave Portnoy of meme coins, the same corner of crypto he's often poured fuel on through his social media antics.

“我不认为这要留在这里。” Meme Coins的Dave Portnoy说，他经常通过社交媒体滑稽动作倒入加密货币。

Speaking on the Consensus 2025 stage with Tom Farley, CEO of crypto exchange Bullish, the Barstool Sports founder peeled back the layers of his short, chaotic stint in the meme coin world.

Barstool Sports创始人在2025年共识舞台上与Crypto Exchange Blulish的首席执行官Tom Farley发表讲话时，在Meme Coin World中剥夺了他短暂而混乱的层次。

With his usual brash candor, Portnoy described a journey of sudden windfalls, legal landmines, and the kind of public backlash that might make even the most hardened internet provocateur think twice.

Portnoy凭借他通常的傲慢坦率的坦率，描述了突然的意外收获，合法地雷和这种公众反对的旅程，甚至可能使最坚强的互联网挑衅者三思而后行。

"I love the rush, I'm a gambler at heart," he said. "But then the smart part of me is like, is it worth the hate?"

他说：“我爱匆忙，我是个赌徒。” “但是那时我明智的部分就像，值得仇恨吗？”

The conversation was part of a broader discussion about crypto's culture of speculation and hype, where meme coins — tokens created more for jokes than utility — have captured the imagination of young, risk-hungry traders.

谈话是关于加密货币文化和炒作文化的更广泛讨论的一部分，其中模因硬币（代币为笑话而不是公用事业）捕捉到了年轻，渴望风险的交易者的想象。

Portnoy, who built Barstool into a media empire on viral content and sports gambling, found himself swept into the same digital fever.

Portnoy在病毒内容和体育赌博的媒体帝国中建造了Barstool，发现自己陷入了同一数字发烧。

It started with SafeMoon, one of the earliest viral tokens of the COVID-era crypto boom. Portnoy saw social media posts about traders making "9,000,000,000%" gains, bought in, made a video mocking its lack of real value — and got sued.

它始于Safemoon，Safemoon是Covid-era Crypto Boom最早的病毒令牌之一。 Portnoy看到了社交媒体的帖子，有关交易者的“ 9,000,000,000％”的收益，购买，制作了一段视频，嘲笑其缺乏真正的价值，并被起诉。

"They basically said SafeMoon paid me to promote them. Total lie. Cost me $20k to get out of the lawsuit."

“他们基本上说Safemoon付钱给我宣传。总谎言。我花了我20万美元才能摆脱诉讼。”

Undeterred, Portnoy pushed further. Inspired by the idea of launching a Barstool coin and skipping the hassle of going public, he began researching how meme coins are made. That led him to a developer who pitched a token called Libra, allegedly backed by the president of Argentina.

毫无疑问，Portnoy进一步推动。受到推出bar凳硬币并跳过公开麻烦的想法的启发，他开始研究模因硬币的制作方式。这使他成为了一个开发商，据称由阿根廷总统支持一个名为天秤座的代币。

Portnoy bought $4.5 million.

Portnoy购买了450万美元。

"I was at SNL with Lady Gaga. I was just typing. I'm like, what the hell is going on here?" he said. The developer had told him Elon Musk would tweet about it. Instead, the president disavowed any involvement. "I lost all my money."

“我和Lady Gaga一起在SNL。我只是在打字。我想，这到底是怎么回事？”他说。开发人员告诉他，埃隆·马斯克（Elon Musk）会发推文。相反，总统拒绝了任何参与。 “我丢了所有的钱。”

Portnoy says he got lucky — the developer later reimbursed him in full, though he isn't sure why. "I'm one of the lucky ones, but you know, I'm not going to not take that money back."

Portnoy说他很幸运 - 开发商后来全额偿还了他，尽管他不确定为什么。 “我是幸运的人之一，但是你知道，我不会把钱拿回去。”

Despite the losses, Portnoy kept dabbling. He launched coins called Greed and Greed 2, playing up the satire. Another coin, JailStool, arose from the public backlash to Portnoy's meme coin experiments. Someone else created the token, but Portnoy adopted the name and posted about it. At one point, he claims, a $1,000 investment in the coin went as high as $7 million — within an hour.

尽管遭受了损失，但波特诺伊一直在涉足。他推出了名为Greed and Greed 2的硬币，演奏了讽刺。另一枚硬币是监狱托，它是从公众反弹到Portnoy的Meme Coin实验的。其他人创建了令牌，但是Portnoy采用了该名称并发布了有关它的名称。他声称，在一小时内，一笔1,000美元的硬币投资高达700万美元。

"It took me 13 years to make that kind of money at Barstool," he said.

他说：“我花了13年的时间在Barstool赚钱。”

But what goes up almost always crashes back down. Portnoy says he's lost track of how many times he's been accused of "rug pulls," a term for when insiders dump a coin and leave latercomers with worthless tokens.

但是上升几乎总是崩溃的。 Portnoy说，他已经失去了被指控“地毯拉的”的次数，这是内部人员抛弃硬币并留下毫无价值的代币的一个术语。

He described meme coins as a rigged game, dominated by a core group of early buyers with trading bots and algorithms who know when to exit. "It's the same group of winners and it's the same group of losers."

他将Meme Coins描述为一款操纵的游戏，由一群核心的早期买家组成，这些核心的交易机器人和算法都知道何时退出。 “这是同一批获奖者，也是同一群失败者。”

That realization seems to have changed Portnoy's appetite. While he teased the possible launch of Greed 3, he admitted the backlash is harder to stomach in real life. One man confronted him in a Las Vegas casino, claiming he lost $200,000. “It’s all fun and games behind the computer but that reinforces people are losing and making real money, and they’re not always taking responsibility for the risk, even though I think they should.”

这种认识似乎改变了Portnoy的食欲。当他取笑贪婪3的可能发射时，他承认这种反弹在现实生活中很难忍受。一名男子在拉斯维加斯赌场面对他，声称他损失了20万美元。 “这一切都很有趣，并且在计算机后面的游戏和游戏，但是加强人们正在损失和赚钱，即使我认为他们应该为此，他们并不总是为风险承担责任。”

Despite the money and the memes, he says the meme coin scene is ultimately unsustainable.

尽管有钱和模因，但他说，模因硬币现场最终是不可持续的。

“I get why people like it. It’s a form of gambling, it’s a Ponzi scheme, I don’t mean that in a negative way.”

“我明白了为什么人们喜欢它。这是一种赌博的形式，这是一个庞氏骗局，我并不是说那是消极的。”

Portnoy doesn't claim to have the answers. But if he's a weathervane for where meme coin mania might be heading, the forecast looks grim.

Portnoy没有声称有答案。但是，如果他是Meme Coin Mania可能要前进的风气，那么预测看起来很严峻。

“I can't imagine it's here to stay. I think it's here to stay for the next four years. What happens after that? I don't know.”

“我无法想象它会留在这里。我认为这将在接下来的四年中留在这里。在那之后发生了什么？我不知道。”