Stephen Colbert, the charismatic host of CBS ‘The Late Show, is not holding his punches or jokes when it comes to Bitcoin.
In a segment dubbed “Quarantine,” which features a series of fun stories for viewers to watch while they are trapped inside the home, Colbert referred to a recent Vice report in which hackers took control of Internet-connected chastity cages – devices used by men to prevent them from engaging in any type of sexual activity – and required Bitcoin (BTC) to unlock them.
“Receiving in Bitcoin? This is the second stupidest idea I’ve ever heard, ”said Colbert with a laugh, suggesting that the first would be:
“Apparently, these people connected their dong cages to the network and were hacked […] Of course this will happen – it’s one thing to give control of your deprivation box to a loved one, but it’s a great act of faith to say: let’s put my trash in the cloud. “
Colbert was one of the few nighttime talk show hosts to make a popular segment about cryptocurrency in April 2013, when Bitcoin’s price fluctuated between $ 50-300. At the time, the then host of Colbert Report apparently agreed with Wall Street analyst Nick Colas’ assessment of the cryptocurrency, calling it “gold for nerds”.
“Bitcoin joins a rich tradition of invented currencies like Camel Cash and the Euro,” said Colbert. “Bitcoin is only worth it because a lot of people on the Internet have agreed that it is worth something.”
“If you don’t know what Bitcoin is … do you want to buy Bitcoin? Not? You sure?”
At the time of publication, Bitcoin’s price was $ 39,350, having risen more than 40,000% since the segment was broadcast eight years ago.