Cryptocurrency is the same as the Emperor’s New Clothes. No one understands but afraid to say anything for fear of looking stupid. Anyone who would buy into that is stupid, more so if persuaded by celebrities who promoted it.
Cryptocurrencies – Do you really think it wise to “invest” in monetary instruments that are promoted and utilized in the main by grifters, criminals, tin-hat paranoids, financial “trendies,” and the government of El Salvador?
What the good doctor described is actually a blockchain. Cryptocurrency is an application of a blockchain. Blockchain is a very interesting concept and can be very useful. Cryptocurrency, however,… i have my doubts.
Recall the old saying: “You can fool all of the people some of time; you can fool some of the people all of the time, but you can’t fool all the people all the time”. Unless you start talking about “Crypto Currency”, Then, everyone starts believing you.
Well, at least he used an non-invasive anesthesia so the only after effects the patient will feel when he wakes is if his bitcoin horde as been raided by the miners. His follow up treatment will be for hemorrhoids.
Ponzi Scheme ? Boy, imagine how many people want to be remembered and fail.
Along comes Charles Ponzi and he makes it into the history books and the popular jargon of civil and legal society. We should have a day just for Charlie. Ponzi Day.
On Ponzi Day everyone would try to pull a fast one on some rube.
Instructions on the bitcoin site in really fine print: avoid all investments in this strata unless you have a source of infinite and instantly renewable funs, i.e., if you ain’t Musk, you ain’t up to it.
Cryptocurrency, one of the worst ideas to come down the pike in decades. Not only ridiculously complicated and unstable, it’s horrible for the environment. If this is how the next gens are going to treat the planet, it’s doomed for sure.
Cryptocurrency is a con artist’s dream come true – where else can you get somebody to give you a lot of money for absolutely nothing, and not be arrested
The real con was convincing people that crypto transactions were untraceable when in reality all the info needed to track down and recover bitcoins was on that ledger all the time
NATHAN J. ROBINSON (Interviewer, Current Affairs Editor-in-Chief): Is it accurate to summarize what you were saying before as, essentially: There is no problem that cryptocurrency solves, and to the extent that it is functional, it does things worse than we can already do them with existing electronic payment systems. To the extent it has advantages, the advantage is doing crimes. And every other claim made for the superiority of cryptocurrency as currency falls apart if you scrutinize it.
PROFESSOR NICHOLAS WEAVER (Computer Scientist, Cryptocurrency Skeptic): Yes.
salakfarm Premium Member over 1 year ago
I’ll try that for my next colonoscopy.
Erse IS better over 1 year ago
I’d get nightmares from that.
eastern.woods.metal over 1 year ago
Cryptocurrencies are a poncy scheme. Last one in holds the bag. There is zero intrinsic value. It’s only value is what the next sucker will pay
stairsteppublishing over 1 year ago
Cryptocurrency is the same as the Emperor’s New Clothes. No one understands but afraid to say anything for fear of looking stupid. Anyone who would buy into that is stupid, more so if persuaded by celebrities who promoted it.
Richard S Russell Premium Member over 1 year ago
The reason they call them “miners” is because they look at loot and think “MINE!”.
My fearless prediction: BitCoin 2027 = Tulip 1637
A Jug of Mocktails, a Loaf of Tofurky, and Th-Ow! over 1 year ago
If an additional agent is needed, he has a spiel ready to roll on NFTs.
Scorpio Premium Member over 1 year ago
And he will still charge $10 000 for the privilege
PraiseofFolly over 1 year ago
Or … Count backward from “The Nine Billion Names Of God.”
Alabama Al over 1 year ago
Cryptocurrencies – Do you really think it wise to “invest” in monetary instruments that are promoted and utilized in the main by grifters, criminals, tin-hat paranoids, financial “trendies,” and the government of El Salvador?
Jml58 over 1 year ago
I would rather invest in dutch tulip bulbs.
nosirrom over 1 year ago
I heard that Cryptocurrency has its own theme song.
https://www.youtube.com/watch?v=bx1YfQF0WNQ
keenanthelibrarian over 1 year ago
Works every time.
SNVBD over 1 year ago
What the good doctor described is actually a blockchain. Cryptocurrency is an application of a blockchain. Blockchain is a very interesting concept and can be very useful. Cryptocurrency, however,… i have my doubts.
stringer831 over 1 year ago
I thought the Public Ledger was a newspaper…….
hoot1 over 1 year ago
dflak over 1 year ago
And, he’s now 70% poorer than he was months ago.
dflak over 1 year ago
I did have anesthesia a couple of weeks ago. The anesthesiologist asked if I was ready. I said yes, and he started the drip in the IV in my wrist.
I told him, “Hey I can feel it; it’s cold.” “It’s at my wrist.” “It’s at my elbow,” “It’s at my shoulder.” “It’s at my neck,” “Good night!”
William Bednar Premium Member over 1 year ago
Recall the old saying: “You can fool all of the people some of time; you can fool some of the people all of the time, but you can’t fool all the people all the time”. Unless you start talking about “Crypto Currency”, Then, everyone starts believing you.
fusilier over 1 year ago
Genius!
fusilier
James 2:24
Interventor12 over 1 year ago
Never invest unless property or a revenue stream exists, preferably both.
Masterskrain Premium Member over 1 year ago
As far as “Coins” are concerned… if I can’t scratch a piece of glass with it, IT DOESN’T EXIST!!
1953Baby over 1 year ago
Yeah, that pretty much sums up how I feel about cryptocurrency. . .
Count Olaf Premium Member over 1 year ago
All ready for his lethal injection.
sandpiper over 1 year ago
Well, at least he used an non-invasive anesthesia so the only after effects the patient will feel when he wakes is if his bitcoin horde as been raided by the miners. His follow up treatment will be for hemorrhoids.
bluegirl285 over 1 year ago
Never got into cryptocurrency cause I never understood it.
Redd Panda over 1 year ago
Ponzi Scheme ? Boy, imagine how many people want to be remembered and fail.
Along comes Charles Ponzi and he makes it into the history books and the popular jargon of civil and legal society. We should have a day just for Charlie. Ponzi Day.
On Ponzi Day everyone would try to pull a fast one on some rube.
sandpiper over 1 year ago
Instructions on the bitcoin site in really fine print: avoid all investments in this strata unless you have a source of infinite and instantly renewable funs, i.e., if you ain’t Musk, you ain’t up to it.
verticallychallenged Premium Member over 1 year ago
Wear a dang mask!!!
vaughnrl2003 Premium Member over 1 year ago
Huh! Today we have a fine example of a comic that’s educational, yet ironic. Soooo, many words. Well done. …zzzzzzzzzz
klapre over 1 year ago
Aaand it’s all fun and games until someone loses a billion dollars.
Honorable Mention In The Banjo Toss Premium Member over 1 year ago
To me, it’s like a carpenter saying he can’t build any more houses because he has run out of inches.
kunddog over 1 year ago
will crypto currency ever become to big to fail?
paranormal over 1 year ago
Cryptocurrency is like spinning a slot machine and getting three different fruits…
AlienHillbilly over 1 year ago
Once a Ponzi time, there were three imaginary bear traders, who traded in imaginary currency……
WTP over 1 year ago
A-A, and they remove his wallet.
morningglory73 Premium Member over 1 year ago
(My deep throaty chuckle) Love this comic strip.
moondog42 Premium Member over 1 year ago
They didn’t even get to the part where the exchange owner mysteriously goes bankrupt and takes the contents of everyone’s digital wallets!
Interventor12 over 1 year ago
Warren Buffett stated he didn’t innvest in what he didn’t fully understand. He’s staying out of bitcoin.
Znox11 over 1 year ago
You forgot the part where you lose all of your real currency.
schaefer jim over 1 year ago
I got a surgery set for after Xmas, I wonder if that is how I will be put out?
NaturLvr over 1 year ago
Cryptocurrency, one of the worst ideas to come down the pike in decades. Not only ridiculously complicated and unstable, it’s horrible for the environment. If this is how the next gens are going to treat the planet, it’s doomed for sure.
AndréR. Premium Member over 1 year ago
Loved it! Great punch!
Brent Rosenthal Premium Member over 1 year ago
Wonderful strip. Didn’t see that coming!
swenbu Premium Member over 1 year ago
A great cartoon today!I know I’m way down the line here, but can’t think of anything more original than what’s already been said!
Can't Sleep over 1 year ago
Cryptocurrency is a con artist’s dream come true – where else can you get somebody to give you a lot of money for absolutely nothing, and not be arrested
Richard S Russell Premium Member over 1 year ago
Anyone remember the cartoon comic-book host, the Old Cryptkeeper? WAAYYYY ahead of his time!
tomfromthe50s over 1 year ago
Isn’t that “pouncy” scheme?
Arghhgarrr Premium Member over 1 year ago
The real con was convincing people that crypto transactions were untraceable when in reality all the info needed to track down and recover bitcoins was on that ledger all the time
einarbt over 1 year ago
And with no mask to boot.
Night-Gaunt49[Bozo is Boffo] over 1 year ago
Cryptocurrency, a crime in search of a perpetrator.
Stat_man99 over 1 year ago
I must admit. My eyes were glazing over too.
Ermine Notyours over 1 year ago
The mouth and nose look just like how Al Jaffee draws unconscious people.
Trevor.brown over 1 year ago
Surprised he didn’t put the Doctor or Nurses out as well.
griffon8 over 1 year ago
https://www.currentaffairs.org/2022/05/why-this-computer-scientist-says-all-cryptocurrency-should-die-in-a-fire/
NATHAN J. ROBINSON (Interviewer, Current Affairs Editor-in-Chief): Is it accurate to summarize what you were saying before as, essentially: There is no problem that cryptocurrency solves, and to the extent that it is functional, it does things worse than we can already do them with existing electronic payment systems. To the extent it has advantages, the advantage is doing crimes. And every other claim made for the superiority of cryptocurrency as currency falls apart if you scrutinize it.
PROFESSOR NICHOLAS WEAVER (Computer Scientist, Cryptocurrency Skeptic): Yes.
198.23.5.11 over 1 year ago
Considering what just happened with the biggest crypto thing,better wake that guy up and see if he invested.