Share this article
Ellen DeGeneres on Bitcoin: It's 'Either Worth $20K or Nothing'
Ellen DeGeneres says she has learned about bitcoin...but only 'a bit.'
Updated Sep 13, 2021, 7:35 a.m. Published Feb 16, 2018, 6:35 p.m.
Make us preferred on Google
Bitcoin had a decidedly mainstream moment this week: during a segment on the talk show hosted by comedian Ellen DeGeneres.
DeGeneres took a few pot-shots at the cryptocurrency, joking to her audience that it's like "a plot twist in a confusing movie."
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
"Everybody is talking about bitcoin," she went on to say. "Nobody understands it."
If you want to know what bitcoin is, I learned about it. A bit. pic.twitter.com/txICiTXYgi
— Ellen DeGeneres (@TheEllenShow) February 15, 2018
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," she said.
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," she quipped.
And while the bitcoin bit may be brushed off by some as a cheap gag, DeGeneres' segment is perhaps reflective of how bitcoin and other cryptocurrencies have taken on greater prevalence in the mainstream consciousness.
Other celebrities have helped to spur this along in recent years, with some making the news for their investments in bitcoin – like rapper 50 Cent – and others who have endorsed ICOs or decided to accept bitcoin as payment for their products and performances.
Image Credit: The Ellen DeGeneres Show/Twitter
More For You
Pudgy Penguins is building a multi-vertical consumer IP platform — combining phygital products, games, NFTs and PENGU to monetize culture at scale.
What to know:
Pudgy Penguins is emerging as one of the strongest NFT-native brands of this cycle, shifting from speculative “digital luxury goods” into a multi-vertical consumer IP platform. Its strategy is to acquire users through mainstream channels first; toys, retail partnerships and viral media, then onboard them into Web3 through games, NFTs and the PENGU token.
The ecosystem now spans phygital products (> $13M retail sales and >1M units sold), games and experiences (Pudgy Party surpassed 500k downloads in two weeks), and a widely distributed token (airdropped to 6M+ wallets). While the market is currently pricing Pudgy at a premium relative to traditional IP peers, sustained success depends on execution across retail expansion, gaming adoption and deeper token utility.
More For You
HYPE token surges 24% as silver futures volume soars on Hyperliquid exchange
Silver futures on the crypto derivatives exchange are currently showing $1.25 billion in volume and $155 million in open interest.
What to know:
- HYPE, the native token of the Hyperliquid derivatives exchange, jumped 24% in 24 hours as trading in silver, gold and other commodities surged.
- Silver perpetual futures on Hyperliquid became the platform’s third most active market during Asia hours.
- Because trading fees from user-created markets are used largely to buy back HYPE on the open market, the spike in commodity activity is fueling demand for the token and signaling broader growth for Hyperliquid.
Top Stories
