Cryptocurrency Commentary from John Oliver
Last Week Tonight with John Oliver is one of the smartest and funniest shows on TV. As a side note, I still do consider it odd that my pal Steve’s overtly confident walk “destabilized” his live performance at the Tower theater in 2015. Moving on…
The show’s central topic this week was cryptocurrencies. For those who still don’t have your head fully wrapped around crypto, blockchain or Bitcoin, it’s a decent commentary, that also happens to be 25 mins of intelligent-hilarious.
The best part is the comparison of blockchain’s high level of security to the level of processing that goes into creating a Chicken McNugget. To hack the blockchain is the equivalent of turning a McNugget back into a chicken….
If you are wondering, I’m long on crypto and blockchain.
In tandem or utilized individually, they are going to fundamentally change how we live, work and operate as a society over the next few decades. I own some coin and have placed some early stage bets within the space. This is the next wave of the digital revolution.
If you want to see one of the best write-ups on the technologies and crypto currencies, read this long-form NYT piece. If you want to watch a 90-minute doc on the origins, watch Banking on Bitcoin on Netflix. If you want more John Oliver, Last Week Tonight is Sunday nights on HBO or free on Youtube the following week (which is awesome.)
Also, if you’d want to see rational utility and/or valuation currently attached to a token or cryptocurrency in the near term… good luck with all that. We’re probably stuck in 1849 for a little bit longer.