SNL made me realize just how early we still are: The Mainstream is Still Totally Clueless!

I can't wait to watch SNL twenty years from now, filmed on Mars, recorded as an NFT, with the entire cast paid with the same crypto they once ridiculed.

The show just signaled how clueless the general public still is about crypto. I mean the general ignorance in the news skit, where they ask "what is cryptocurrency" about a million times. Musk gives a cogent explanation but is nonetheless dismissed.

host: "like, okay, for instance. This is a dollar. It's real….So what is Doge coin?"

also host: "so it's a hustle?"

I'm not here to defend Doge, but the show's general cluelessness about cryptocurrency signals that the general public is still in the dark about all of it. SNL exists to reflect national consensus – they reflect (and satirize) what's popular, accepted, and mainstream. The show last night makes the argument that cryptocurrency is weird, eccentric, and fictive – this is how the vast majority of Americans still see it. And this is a good thing, because it means that despite institutional interest, crypto is till in it's infancy and has tons of room to grow.

So for those who haven't been able to stack those sats yet, it's still soooo early.