- Indie game publisher announces Playdate, a console with a hand crank Wednesday 8:18 PM
- How to get The Sims 4 for free Wednesday 7:45 PM
- Trump’s Rose Garden podium sign is the perfect meme canvas Wednesday 7:34 PM
- Forest Whitaker to produce adaptation of novel ‘Hello, Universe’ for Netflix Wednesday 6:58 PM
- Baltimore still refuses to pay hackers who hit city with ransomware Wednesday 5:34 PM
- Net neutrality advocates slam ‘extremely troubling’ letter circulating among some House Dems Wednesday 4:52 PM
- Moms and grandmas are infiltrating TikTok Wednesday 4:35 PM
- Did Britain’s head Brexiter hide in a bus to avoid getting hit by a milkshake? Wednesday 4:26 PM
- This woman who thought she saw a handmaid about to jump from a building is very relieved Wednesday 4:18 PM
- Michael Avenatti allegedly defrauded Stormy Daniels to pay for a Ferrari Wednesday 3:53 PM
- HBO has no plans for an Arya Stark spinoff series Wednesday 3:28 PM
- Republicans and Democrats agree on dangers of facial recognition tech Wednesday 3:18 PM
- Amazon is using video games and ‘swag bucks’ to incentivize workers Wednesday 3:04 PM
- Here’s what’s coming and going on Netflix in June Wednesday 2:46 PM
- This Michael Jackson makeup meme is sweeping TikTok Wednesday 2:45 PM
Finally, the voice of common sense prevails.
In the clip below, Jon Stewart paints virtual money as a faddish phenomenon basically geared toward wide-scale fraud, and he delights in every reporter’s favorite tidbit about the newly bankrupt Mt. Gox: that its name is an acronym for “Magic the Gathering Online Exchange,” because it originally served as a trading hub for cards from a fantasy game.
“I don’t see what could go wrong,” he smirkingly says of the overall Bitcoin concept. “Nothing’s more reliable and secure than… the Internet.”
The weirdest thing about the “Tamogatchi of currency” dig is that we can kind of see Bitcoin evangelists embracing the analogy. The investors over at Reddit did, for some reason, believe they had been portrayed in a positive light, while others seemed genuinely miffed.
When the price gets back above 1,200 and continues towards $10,000, they will stop laughing.
— bitcoin.txt (@bitcoin_txt) February 28, 2014
Oh, vicious satire—nobody understands you.
H/T Motherboard | Photo via Comedy Central
Miles Klee is a novelist and web culture reporter. The former editor of the Daily Dot’s Unclick section, Klee’s essays, satire, and fiction have appeared in Lapham’s Quarterly, Vanity Fair, 3:AM, Salon, the Awl, the New York Observer, the Millions, and the Village Voice. He's the author of two odd books of fiction, 'Ivyland' and 'True False.'