Bitcoin introduced to mainstream spotlight again this week, with a segment on the Ellen DeGeneres talk show. She made a few jokes about the cryptocurrency, telling her audience that it’s like “a plot twist in a confusing movie.”
DeGeneres went on to say:
“Everybody is talking about bitcoin. Nobody understands it.”
She told her audience and viewers – which averages several million viewers per episode – to think of cryptocurrencies as a picture of a goat on the internet.
“Now it’s adorable…and you want to pick it up and pet it. But you can’t because it’s not there, it doesn’t exist except for on that internet right there, just like bitcoin is digital currency,”
DeGeneres added that she’d opt for the goat over bitcoin if given the choice, and said of investors:
“You’ll either be a millionaire or you’ll be totally broke.”
The comedian also poked fun at digital wallets, zeroing in on their vulnerabilities, while noting that they sounded like a Jimmy Kimmel stunt.
“The digital wallet can either be apps on your phone, or tiny hard drives – which is a really good idea because who wouldn’t feel safe with their life savings on a piece of plastic that could go into the washing machine,”
DeGeneres’ segment is reflective of how bitcoin and other cryptocurrencies are gradually taking on greater importance in the mainstream consciousness, although it show there is a long way to go in terms of educating people on how they work.