HBO´s John Oliver talks Cryptocurrency on Last Week TonightMar 13, 2018, 8:14PM
John Oliver delivered a witty and informative piece about cryptocurrencies while reminding people of the potential pitfalls of investing in a new and unregulated market.
On this week´s episode of HBO´s Last Week Tonight, John Oliver delivered a compelling monologue about some basic aspects of cryptocurrencies, while trying to remind people of the dangers associated with investing in a market that only a few truly understand.
Oliver began by referring to cryptocurrencies as: “Everything you don’t understand about money combined with everything you don’t understand about computers”, which may be surprisingly close to the truth: the concepts of cryptocurrencies and Blockchain technology are proving to be quite exotic and sometimes difficult to grasp for the majority of people.
Given Last Week Tonight´s huge popularity, the piece seems to have reached a lot of viewers outside the cryptocurrency community and people could not wait to rehash it on social media. The biggest thread on reddit.com about Oliver´s piece was on /r/Television. The post managed to get almost 13,000 upvotes in less than 24h.
Even the cryptosphere seems to have liked it: on this thread, /u/RobinHoodin said:
Other threads about the same video on the big Crypto-related subreddits like /r/Bitcoin and /r/Cryptocurrency seem to have approved of Oliver's take
/r/ethtrader 's top comment:
Top comment on /r/Bitcoin
& Top top comment on /r/cryptocurrency:
All in all, the sketch contained some weird analogies as well as some other very on-point definitions of what decentralization and Blockchains are. Truth is that while some news outlets seem to have focused on the bad, if you see through John´s usual harsh comedy style, he actually ended up giving some very solid advice.
Disclaimer: information contained herein is provided without considering your personal circumstances, therefore should not be construed as financial advice, investment recommendation or an offer of, or solicitation for, any transactions in cryptocurrencies.