John Oliver on 'Last Week Tonight' (YouTube)

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John Oliver Reminds Investors: Be Wary of Bitcoin

The late-night host likened fluctuating cryptocurrencies to the price of "Beanie Babies."

Comedian John Oliver dedicated a 25-minute segment on Sunday night to bitcoin, referring to the decentralized online currency as a combination of “everything you don’t understand about money with everything you don’t understand about computers.” In the news because of its recent rise in value, Oliver warned viewers about the dangers of investing too much cash.

Take a look at the clip below.