‘Saturday Night Live’: Host Elon Musk Tries to Explain Dogecoin Popularity and Twitter Freaks Out | NewsBurrow

Elon Musk took the Studio 8H stage over the weekend for his Saturday Night Live hosting launching and, as numerous expected, there was a lot of cryptocurrency talk.

The questionable tech mogul had fans and critics discussing the option to tap him as a host in the lead-up to Saturday’s episode. One of the biggest questions was whether or not he ‘d discuss Dogecoin, the satirical cryptocurrency that has actually increased in the wake of his repetitive online recommendations.

Musk played a monetary specialist named Lloyd Ostertag, who spoke with Michael Che about the meteoric rise in Dogecoin’s appeal and value.

” They’re a type of digital cash, but instead of being controlled by a main government, they’re decentralized using block chain technology,” Ostertag shared.

As for Dogecoin itself, Ostertag explained that it “started as a joke based on a web meme.

After repeatedly attempting to get a clearer response to no avail, Ostertag explained, “It’s the future of currency.

” Yeah, it’s a hustle,” Musk’s Ostertag said, shrugging in arrangement, prior to screaming the fight cry of crypto-traders across the world: “To the moon!”

While Dogecoin played a remarkably big part on Saturday’s program, fans had blended responses to Musk’s hosting, and the argument about Dogecoin’s legitimacy. The value of Dogecoin dropped steeply before the episode kicked off, and many fans seemed to be viewing the show and their crypto-accounts with tense interest.

Apart from the crypto-speculation, a number of Musk’s fans ended up to share their assistance of the tech magnate, who pointed out in his monologue how he’s the first SNL host with Aspergers, ” Or a minimum of the very first to admit it.”

Musk appeared to be surprisingly open to playing some genuinely ridiculous characters, and likewise at satirizing his own controversial comments and track record. Something his supporters appeared to actually value and respond to.

For more on the controversy surrounding Musk’s hosting launching, have a look at the video below.

Saturday Night Live airs live, coast-to-coast, at 11: 30 p.m. ET, 8: 30 p.m. PT on NBC.

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