John Oliver gave audiences a detailed introduction to the world of cryptocurrencies in this week’s episode of Last Week Tonight with a cautionary reminder of the pitfalls. On his HBO show, the British comic started by talking about bitcoin. “Everything you don’t understand about money combined with everything you don’t understand about computers,” he said as a description.
Oliver covered the much-publicized rise of bitcoin in comparison to how it was viewed not long before. “Just a few years ago you’d only hear about bitcoin from that one guy in your office who wouldn’t shut up about it,” he said.
But it’s not been without hiccups. “A bitcoin conference stopped taking bitcoin, which is a red flag since that’s the one place you’d think it would be accepted,” he said.