My thoughts on "last week with John Oliver"...

He was stating that cryptocurrencies are a big scam.

He compared how Celsius was suppose to be the next digital bank. He talked about how Celsius offered interest accounts and provided loans. But they ultimately invested the funds in risky investments and ended up going bankrupt. Sounds to me like silicon valley bank. And their risky investments. But he doesn't think the us dollar svb was banking for the public is a bad money. In both scenarios the "banks" were bad. Not the underlying money (usd vs crypto).

He also talked about sbf and ftx. Similar scenario. Ftx was a bad actor/company. Not the underlying funds themselves. Similar to Madoff. Madoff had ponzi investment fund. But no one says stocks/equities are a bad underlying investment.

Just crazy shit out there. The sentiment is not good in many peoples opinion. But it's truly their ignorance and bias. The bias is what really confuses me. Why so stubborn to learn?

I was at a restaurant today and asked the lady at checkout, "do y'all take Bitcoin yet?". She said Bitcoin is bullshit. I didn't know quite what to say to that. So I asked her why? She says if I can't hold the money, then it's not real.

I knew debating her would be a hopeless endeavor so I just left it at that.

Mass adoption has a while to go I'm afraid. But so be it.