‘The Daily Show': Jon Stewart Says BitCoin ‘Is the Tamagotchi of Currency’ (Video)

'The Daily Show': Jon Stewart Says BitCoin 'Is the Tamagotchi of Currency' (Video)

The Comedy Central host goes back in time in search of a metaphor

Jon Stewart says bitcoin is the “Tamagotchi of currency.”

You remember Tamagotchi, right? Neither did we. A Tamagotchi is a Japanese digital pet that lives on a keychain and acts cute, until it dies.

Also read: Jon Stewart Takes on Mexico's Most Feared Drug Lord: Corn Porridge

“That reminds me, I should feed mine. I got him twelve years ago…. I wonder how he's doing?” Stewart said on Thursday's “Daily Show.” “He was my best friend for the 15 seconds I played with him.”

Stewart was talking bitcoin because of news that lots of it has disappeared from one of the world's major marketplaces for bitcoin, which apparently started as a place for trading “Magic: The Gathering” cards.

Also read: Jon Stewart Wonders: Should Kansans Be Hitting Their Kids Harder? (Video)

It's funny that bitcoin is only valuable because people imagine it's valuable… except that that's true of all other currency, too.

Watch the video:

  • Benjamin Roussey

    1993
    – WTC Bombing – 50,000 people would have died because of no escape from the
    stairwell (18 people actually died) ; 2 African embassy bombings around 96/97 –
    many people died, mainly Africans ; USS Cole attack in 2000 – Clinton did
    nothing about any of this accept fire tomahawks from 800 miles out (that is all
    he would ever do) – several sailors dead. Al Queda was emboldened because of
    Clinton’s weak responses – this led to 9-11 and Bush hammered them unlike Al
    Gore would have ever done.

  • Benjamin Roussey

    John Stewart is funny but politically stupid.

  • Benjamin Roussey

    The debt was $10.626 trillion on the day Mr. Obama took office. The latest
    calculation from Treasury shows the debt has now hit $17.4 trillion.

    It's the most rapid increase in the debt under any U.S. president.

    The national debt increased $4.9 trillion during the eight-year presidency of
    George W. Bush. The debt now is rising at a pace to surpass that amount during
    Mr. Obama's four-year term.

    • Jackson Raushenberg

      Your numbers are way off. Fiscal years end June 30th. The debt was over 11 trillion when Obama took office.

      All of these presidents increased the debt as a percentage more than Obama, not that any of this bs matters.

      Reagan 189.0%
      Bush 43 89.0%
      Bush 41 51.6% Only this year has Obama passed Bush but will certainly pass him after his term is up.

      Reagan increased the debt the most but it was steady annual increases, raising the debt ceiling many times. Clinton fared the best with a long stretch of basically flat debt. Once Bush took office debt skyrocketed, with both wars and TARP adding most and continued under Obama with the continual funding of 2 wars, stimulus and bailouts.

      If you want to be purile and blame the president from day 1 to the last day in office to every dollar spent, then you're still wrong Reagan and Bush 1 grew our debt more. In your earlier brilliant post you said “liberals” which I can only assume you define Obama as 1 are soft on terrorism and “our enemies”… should Obama have ended both wars the day he stepped foot into the office and say I'm no longer funding the pentagon and DOD in these 2 wars because Benjamin Roussey might one day criticize me for the debt we are accruing? I don't have a dog in the fight, I'm not so blindly partisan to think one party is to blame for all the ills in this country. The hypocrisy you display is so frustrating to me as an american, it's like were none of the lives valuable that Bush sent to war for essentially nothing? The Thousands of soldiers we lost in Iraq and afghanistan for nothing? Were you making these posts then? No you were flag waving… where were you when reagan got over 200 Marines killed in Beruit??? Can you imagine how lunatics like yourself would be acting if that happened under Obama's watch?! OMG, you guys would implode, your heads would pop off… If the Beruit bombing that killed 200 plus Marines under regains watch happened now the internet traffic on Fox news would break the internet. Hyposcisy, What about the Iran Contra Scandal? ALL PRESIDENT LIE, all of them subvert our constitution in wye they chose to better protect our country, or themselves in some cases like Nixon. Clinton, Obama, Reagan, Bush, Bush… all the same… Romney would be the same too. They work for the real owners of this country, not the voters who think there is a difference between Ds and Rs and people like you who look to blame societies ills, and your short comings and fear of the future, on one man, or one party, or some phantom label like liberal… they work for big oil, big pharma, agri, and banking… they own it all don't matter who you elect, Hillary Clinton, or Rand Paul.

      • Benjamin Roussey

        You are way off. And at least we had a viable economy then.

        • Benjamin Roussey

          The debt was $10.626 trillion on the day Mr. Obama took office. The latest
          calculation from Treasury shows the debt has now hit $17.4 trillion.

          It's the most rapid increase in the debt under any U.S. president.

          The national debt increased $4.9 trillion during the eight-year presidency of
          George W. Bush. The debt now is rising at a pace to surpass that amount during
          Mr. Obama's four-year term.

          • Benjamin Roussey

            The debt was $10.626 trillion on the day Mr. Obama
            took office. The latest calculation from Treasury shows the debt has now hit
            $17.4 trillion.

            It's the most rapid increase in the debt under any U.S. president.

          • Benjamin Roussey

            The national debt increased $4.9 trillion during the
            eight-year presidency of George W. Bush. The debt now is rising at a pace to
            surpass that amount during Mr. Obama's four-year term.

          • Benjamin Roussey

            The National Debt has continued to increase an average of

            $2.62 billion per day since September 30, 2012!

            Concerned? Then
            tell Congress and the White House!

          • Benjamin Roussey

            2008
            $10,025
            $14,844
            68%
            Economy contracted 3.7% in Q3 '08, 1.8% in Q1 '08. War on Terror cost $197.6 billion, Bank Bailout Bill cost $350 billion.

          • Benjamin Roussey

            2013
            $16,738
            $16,913 in Q3
            99%

            Sequestration
            reduced government spending, at the same time the end of Obama's
            payroll tax holiday raised revenue. The debt hit $17 trillion a few days
            after the end of the fiscal year.

          • Benjamin Roussey

            I will make this easy for you Bush spent too much money but Obama is spending much more. Is unfunded health care program is more expensive than any war.

          • Benjamin Roussey

            2000 – $4 trillion in debt. 2008 – $10 trillion. 2014 – $17.5 trillion. Obama is blowing Bush away and Obama is still spending money as if it grew on trees.

          • Benjamin Roussey

            1993
            – WTC Bombing – 50,000 people would have died because of no escape from the
            stairwell (18 people actually died) ; 2 African embassy bombings around 96/97 –
            many people died, mainly Africans ; USS Cole attack in 2000 – Clinton did
            nothing about any of this accept fire tomahawks from 800 miles out (that is all
            he would ever do) – several sailors dead. Al Queda was emboldened because of
            Clinton’s weak responses – this led to 9-11 and Bush hammered them unlike Al
            Gore would have ever done.

          • Benjamin Roussey

            TEN
            POOREST CITIES (over 250,000 population)

            City,
            State, % of People Below the Poverty Level

            1.
            Detroit , MI

            32.5%

            2.
            Buffalo , NY

            29.9%

            3.
            Cincinnati , OH

            27.8%

            4.
            Cleveland , OH

            27.0%

            5. Miami
            , FL

            26.9%

            5. St.
            Louis , MO

            26.8%

            7. El
            Paso , TX

            26.4%

            8.
            Milwaukee , WI

            26.2%

            9.
            Philadelphia , PA

            25.1%

            10.
            Newark , NJ

            24.2%

            What do
            the top ten cities (over 250,000 population)

            with the
            highest poverty rate all have in common?

            Detroit, MI (1st) hasn't elected a
            Republican mayor since 1961.

            Buffalo , NY (2nd) hasn't elected a Republican mayor since 1954.

            Cincinnati , OH (3rd) hasn't elected a Republican mayor since 1984.

            Cleveland , OH (4th) hasn't elected a
            Republican mayor since 1989.

            Miami , FL
            (5th) has
            never had a Republican mayor.

            St. Louis , MO (6th) hasn't elected a
            Republican mayor since 1949.

            El Paso , TX (7th) has never had a
            Republican mayor.

            Milwaukee , WI (8th) hasn't elected a
            Republican mayor since 1908.

            Philadelphia , PA (9th) hasn't elected a
            Republican mayor since 1952.

            Newark , NJ (10th) hasn't elected a
            Republican mayor since 1907.

            Einstein once said:

            ‘The
            definition of insanity is doing the same thing over
            and over again and expecting different results.’

            It is the poor who habitually elect Democrats yet they are still
            POOR!

            “You cannot help the poor by destroying the
            rich.You cannot strengthen the weak by weakening the strong. You cannot bring
            about prosperity by discouraging thrift.You cannot lift the wage earner up by
            pulling the wage payer down.You cannot further the brotherhood of man by inciting class hatred.You cannot
            build character and courage by taking away people's initiative and
            independence.You cannot help people permanently by doing for them,
            what they could and should do for themselves.”

  • Benjamin Roussey

    Benghazi
    Facts:Obama Admin request airspace approval from Libya to help our guys.Security
    Team is delayed at airport, they had to fly into an airport and try to find a
    ride to the embassy/CIA. Backup teams in place and ready to react.Nothing
    happens, our guys get slaughtered.

    Obama dispatches propagandists for 2 weeks on morning shows to cover this up
    and blame on video – because he knows this would not be acceptable to the
    American people.My Conclusion: Libya did not grant airspace approval, we
    did not want to offend Libyans or cause possible civilian casualties so we sacrificed
    the lives of our guys. We also did not provide adequate protection when we knew
    or should have known it was not enough to begin with. And we have not done
    anything about it until this date.

  • Benjamin Roussey

    Liberals also are soft on crime, therefore we have child
    molesters in our neighborhoods praying on our children. They put gangsters and
    rapists back on our streets because they are too pathetic to do what is
    necessary. Soft on crime, soft on terrorism and our enemies (see North Korea,
    Iran, Syria, Russia; sorry Osama in Ladin is small time compared to the threats
    we face and what else has been going on).

  • Benjamin Roussey

    The
    KKK could not think of a better way to hold black people down than Obama's
    economic policies, big government agenda, and nanny state interests. The KKK
    could not ever dream of a better way to keep black people uneducated than our
    Ted Kennedy and liberal educational curriculum. The funny thing is, or ironic,
    or frightening, is that blacks still mainly vote for liberals and support race
    mongers like Jesse Jackson and Al Sharpton. The job creators and pushers are on
    the right, not the left. See broken California, not thriving Texas.

  • Benjamin Roussey

    60%
    of America wants Obamacare eradicated. We are not Korea, socialized health care
    does not work here and we defend Korea so there goes that. So with that said,
    socialized health care does not work in one country. Your nanny state laws have
    destroyed Greece and Europe. 38 million more people on health care with the
    same amount of doctors; do you want us to die in the waiting room? Taxes have
    already gone up, the IRS is hiring more people to take more money from the
    private sector to distribute it to lazy bureaucrats and high school dropouts,
    government expansion is frightening, we are $16 trillion in debt; Obamacare
    does nothing about competition or tort reform. He is a lawyer, what do you
    expect? If you care about poor people you should want to make America more
    friendly for businesses to hire and stop trying to dish out free handouts. That
    is a terrible combination.

  • Benjamin Roussey

    FDR's policies prolonged Depression by 7 years, UCLA economists
    calculate Two UCLA economists say
    they have figured out why the Great Depression dragged on for almost 15 years,
    and they blame a suspect previously thought to be beyond reproach: President
    Franklin D. Roosevelt.

  • Ser

    I watched this with an 18 year old; she immediately related to the Tamagotchi joke, she had one back then. So maybe you're actually too old to really remember this toy, Tim. On second thought, parents probably remember it.

  • obione888 .

    Bitcoin unaware its actually dead is trading at $560 today right now, Bitcoin shriekers still shrieking ;-D

  • jackson

    hey stupid, it's Bitcoin not BitCoin, wow this guy is not funny at all.