American television host Ellen Degeneres took a jab explaining what Bitcoin (BTC) was to her live audience yesterday, Feb. 15, by comparing the digital currency to a goat that “doesn’t exist except for on that Internet.”
If you want to know what bitcoin is, I learned about it. A bit. pic.twitter.com/txICiTXYgi
— Ellen DeGeneres (@TheEllenShow) February 15, 2018
After asking the audience who has heard of Bitcoin to applause, and then asking who can explain what Bitcoin is, Degeneres answered her own question:
“Nobody knows how it works. Nobody. Everybody’s talking about Bitcoin and nobody understands it. It’s like a plot twist in a confusing movie.”
While her comparison of Bitcoin’s digital nature as similar to that of a picture of a cute goat that only exists online doesn’t fully transmit a solid understanding of cryptocurrency, Degeneres does correctly explain that BTC works “sort of like the stock market” and that one can store their Bitcoin in a digital wallet that can either be off or online…
Read Full: Don’t Understand Bitcoin? Think Of It As A Digital Goat, Says Ellen Degeneres