John Oliver helps you clarify cryptocurrencies to your neighbor • TechCrunch

John Oliver’s primary talent is that he’s often fairly good at explaining advanced and boring subjects in brief TV segments. And this week’s episode of Last Week Tonight is especially related to the tech business as Oliver tackled cryptocurrencies.

In simply 25 minutes, the Final Week Tonight group put collectively a good introduction to bitcoin, blockchain, ICOs and cryptocurrencies. In case your neighbor retains asking you questions on that digital forex he heard about, you may most likely begin with this video.

After all, speaking about cryptocurrencies on TV has some limits since you need everybody to comply with alongside. “It’s all the things you don’t perceive about cash mixed with all the things you don’t perceive about computer systems,” Oliver mentioned.

However he manages to speak about lots of the loopy issues that occurred in cryptoland not too long ago, from Lengthy Island Ice Tea rebranding to Long Blockchain to spice up shares, to Dogecoin reaching $2 billion in market cap sooner or later though it began as a joke.

Extra curiously, Oliver didn’t say bitcoin and cryptocurrencies have been a foul thought and would by no means work. His stance was nuanced and it’s good to see a non-polarizing take.

Oliver additionally made enjoyable of the members of the /r/bitcoin subreddit who maintain saying “HODL” when there’s a crash. The section ends with a advice: CRAEFUL.

Disclosure: I personal small quantities of assorted cryptocurrencies.

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