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Friday, 02/16/2018 8:37:15 AM

Friday, February 16, 2018 8:37:15 AM

Post# of 28724
Financial advice from a highly qualified source:

You know that moment when you're all talking about bitcoin but nobody really understands it? Well, TV host Ellen DeGeneres summed up that feeling perfectly Thursday.

The comedian took it upon herself to explain to her audience what the cryptocurrency actually is.

"Everybody is talking about bitcoin, nobody understands it," she said. "It's like a plot twist in a confusing movie, when you're watching a movie and your friends are acting like they know what's going on, and you're like, 'Yeah, I do too.'

"Pretend like bitcoin is a goat. Now it's adorable... and you want to pick it up and you want to 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 explained that bitcoin is like a stock market where people can make money off of it, but said that she'd "rather own a baby goat" than the cryptocurrency.

"Basically, if you invest in bitcoin, you'll either be a millionaire or you'll be totally broke," she said.

https://www.cnbc.com/2018/02/16/ellen-degeneres-explains-bitcoin.html

trkyhntr
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