It's probably not a good idea to purchase things that you don't understand. We can see how it might be tempting, with so many stories floating around of teenagers and tech bros becoming millionaires seemingly overnight. But still, just don't.
Before you rush out and dump your life savings into Bitcoins, watch this funny and informative clip of Last Week Tonight host John Oliver breaking it all down. We won't guarantee you'll be an expert in all things cryptocurrency or blockchain, but we do promise you will have a giggle.
If that didn't clear it up maybe this visual will help:
John Oliver EVISCERATES Bitcoin by pointing out that it’s pretty complicated and you shouldn’t invest in things you don’t understand— Neeraj K. Agrawal (@NeerajKA) March 12, 2018
John Oliver on Bitcoin:— Cullen Roche (@cullenroche) March 12, 2018
"Everything you don't understand about money combined with everything you don't understand about computers."
I was dreading the John Oliver take on crypto, Bitcoin and blockchain last night, but I found it entertaining--and the part about 'the guy in the office who won't shut up about Bitcoin' was perfect.— James Wester (@jameswester) March 12, 2018
Don't be the person who buys the magic beans.
H/T: Huffington Post