I'm not informed as much as I could be about bitcoins, but it's comments like these that make it even more daunting. Slow learning curve I guess.
What happens when the number of bitcoin transactions becomes too great for the network to handle? There is a finite number of computers, they can only process so many transactions at a time. If bitcoin became as popular as the US dollar, would there be enough nodes out there to handle a load of that magnitude? Or, for a more specific example: tomorrow every monetary transaction in the US is done using bitcoin, what happens?
So how did this work? An investor presented the idea to Conan? Or did Lyft present the idea as an advertisement/comedy bit? Conan has never heard of Lyft. Surely it can't just be one of their writers ideas... Uber has been around for awhile and never had this kind of product placement.
It was funny as hell, so much so that I want to see those three together more often, but I'm still curious how it came to be.
What's really bizarre to me is how a "digital currency" can have such slow transactions. I want my transactions carried out and verified instantly. Right now its minutes to hours. But once the network grows, it could be days.