I watched this very, very early this morning. Sometimes John Oliver gets things right and even when he doesn't (which is probably more than half of the time) he is still funny to watch. He could probably advocate repealment of the 1st Amendment and still sound funny (even though it's not funny, at all).
At any rate, I was surprised that he had a somewhat levelheaded grasp on, or understanding of, cryptocurrency. Although I think he may have spoken a bit harshly on EOS.
Here's the video:
Aside from Bitcoin he also discussed other coins such as, though not limited to, the following:
(1) EOS - https://eos.io/
(2) Dogecoin - http://dogecoin.com/
(3) Bitconnect - https://en.wikipedia.org/wiki/Bitconnect
(4) Deeponion - https://coinmarketcap.com/currencies/deeponion/
Oliver also discusses related topics such as, though not limited to, the following:
(5) Scalability (he mentioned that [North American] Bitcoin conference in Miami had to stop accepting bitcoin payments for tickets
(6) ICO - initial coins offerings and the gimongous amounts of money they've made in very short periods of times (e.g., To raise over a billion dollars it took Facebook 7 years, Uber 5 years and EOS 9 months.).
(7) pump & dumps - groups and even businesses which charge to perform these pumps
(8) utility tokens vs equity tokens (Oliver didn't use those exact words)
(9) FOMO, FUD, HODL and one that they coined - CRAEFUL (be careful!)
(10) Watch the video for more!!!
Thanks for stopping by and reading!
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