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John Oliver on Bitcoin, blockchain, and cryptocurrency

posted by Jason Kottke   Mar 17, 2018

Using Beanie Babies, Chicken McNuggets, and the comedy talents of Keegan-Michael Key, John Oliver tries to explain the wild world of Bitcoin, blockchain, and cryptocurrency, the latter of which he describes as “everything you don’t understand about money combined with everything you don’t understand about computers”.

My favorite part was the explanation of how difficult hacking the blockchain is: “[like] turning a Chicken McNugget back into a chicken”.

This was very hard to keep watching after Oliver started detailing cryptocurrency scams and charlatans trying to take advantage of people. One of Oliver’s targets, Brock Pierce, was actually canned from the company he co-founded after the segment aired.