The comedian John Oliver attempted to explain Bitcoin on March 11 – with the help of a fake BitConnect promoter Carlos Matos and Don Tapscott comparing the Blockchain at

In the last episode of the TV show Last Week Tonight of the American host, Bitcoin, Blockchain and investment in cryptocurrency are all at the same time.

This report comes a few weeks after Ellen DeGeneres, an American host, had tried to Explain Bitcoin to the general public by comparing it to a goat.

Oliver began by trying to define the nature of decentralized networks, noting their advantages over banks in terms of costs and security, but the segment quickly took a questionable turn.

Inviting the fake stuff to the scene, Oliver failed to question his investment advice. That does not include " just blindly hodling " pieces purchased. The real Carlos Matos himself was the face of the late BitConnect de facto before seeming to turn around on his support.

" The crypto market is extremely volatile and insufficiently regulated – they pump, they throw " Added Matos. "

BitConnect made the headlines in January when it was closed almost all of his operation following revelations that he was suspected of being a Ponzi scheme

., Oliver had shown a clip of a more honorable source in the form of investor Don Tapscott explaining why Bitcoin is so difficult to hack.

" The Blockchain is a highly processed thing – a bit like a McNugget Chicken ", he said. " And if you wanted to hack, it would be like turning a chicken McNugget chicken ."

Oliver described the words of Tapscott as a " extremely stupid metaphor ]]. "