What Is Bitcoin? Crypto Featured as Category on Jeopardy

Tony "The Bull" Severino

1 year ago

3 mins read

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During last night’s airing of the popular TV game show Jeopardy, cryptocurrency was featured among the categories contestants could choose from.

I’ll Take Cryptocurrency for $1,000, Alex

On Thursday night’s episode of the iconic TV game show hosted by Alex Trebek, Jeopardy, cryptocurrency was one of the six categories contestants could select from.

In Jeopardy, chosen categories reveal an answer to a query and the contestants must phrase their response in the form of a question.

The first answer in the category was “an altcoin is any unit of cryptocurrency other than this one,” with the correct response being “What is Bitcoin?”

Next up, was the Daily Double, which had an answer “in 2018, this South American country launched the Petro currency backed by oil reserves,” referencing Venezuela’s native cryptocurrency token.

The third answer touched on a “3-letter chat app” that had a similar sounding name as its cryptocurrency token – a nod to Kik and the Kin token that will power the app’s cryptocurrency ecosystem.

Up fourth was an answer describing how blockchain worked. And last but not least, the answer “a lawsuit from this rapper killed off the Coinye currency,” pointed to the court case years prior between hip hop icon Kanye West and the Coinye cryptocurrency. West had no affiliation with the project but his likeness was used regardless without his permission, and a legal battle ensued that led to the founders of the project abandoning it.

While cryptocurrency being featured on a popular TV show like Jeopardy really has little to no impact on prices, adoption, or other key factors, one cannot discount the value of cryptocurrencies being exposed in an educational manner to the mainstream public on one of the most watched television shows in history. Jeopardy has over nine million viewers per week tune in, and is a household name easily recognizable by its iconic jingle.

Even better for crypto, the way cryptocurrencies were presented in a positive, educational manner and not the demonizing tone mainstream media usually portrays cryptocurrencies like Bitcoin.

More Ways to Play with Crypto

Playing Jeopardy alongside the live contestants and responding correctly in a crypto-focused Jeopardy category would be fun for just about any cryptocurrency enthusiast. But the fun doesn’t need to stop there.

Earlier this year, Bitcoin was officially added as a recognized word in the popular Hasbro board game Scrabble. Merriam-Webster, who maintains the official Scrabble dictionary made the addition in September alongside 300 other words including “emoji” and “twerk.” Placing tiles on the Scrabble board spelling out Bitcoin earns the player 11 points.

Scrabble points aside, investors betting on the cryptocurrency could potentially earn a lot of money, however, Bitcoin and other cryptocurrencies have been stuck in a grueling downtrend over the last 11-months.

Featured image from Shutterstock.

Tony "The Bull" Severino

Tony "The Bull" Severino, CMT, is a distinguished figure in the cryptocurrency analysis sector, renowned for his in-depth technical expertise and innovative approach to market trends. As the Head of Research at NewsBTC, Tony leads a team dedicated to providing cutting-edge insights and forecasts, helping both novice and experienced traders navigate the complexities of the crypto market.
A seasoned Chartered Market Technician, Tony's prowess in identifying and capitalizing on market patterns is unmatched. His academic and professional journey in market analysis has firmly established him as a leading authority in technical trading strategies. Tony’s approach is heavily influenced by the principles of Elliott Wave Theory, a method known for its rigorous assessment of investor psychology and price movements.

Beyond his role at NewsBTC, Tony is the visionary founder of CoinChartist.io, an educational platform aimed at demystifying the nuances of cryptocurrency trading. CoinChartist.io serves as a valuable resource for traders seeking to enhance their technical analysis skills. The platform offers a range of learning tools and resources designed to empower traders with the knowledge to make informed trading decisions.

In addition to his educational initiatives, Tony is a prolific author and a dominant voice in the crypto community. He writes the CoinChartist VIP newsletter, a weekly dispatch that has become a staple among crypto enthusiasts, revered for its insightful analysis and actionable trading advice. This newsletter has consistently ranked as a best-seller on SubStack, boasting thousands of subscribers who rely on Tony’s expertise to guide their trading strategies.

Tony is also celebrated for his literary contributions to the field. He is the author of the highest-rated Crypto Trading Journal on Amazon.com, a testament to his ability to communicate complex trading concepts in an accessible manner. This journal is widely regarded as an essential tool for traders aiming to track their progress and refine their strategies.

Before his ascent in the financial analysis world, Tony honed his skills in journalism. His background in this field has endowed him with a unique ability to present intricate market dynamics in a clear and compelling manner, making his insights highly sought after by a broad audience that ranges from casual readers to professional traders.
His professional affiliations underscore his commitment to excellence and continuous learning. As a partner of Elliott Wave International and TradingView, Tony collaborates with other leading experts to enhance his knowledge and skills. His active membership in the CMT Association further aligns him with the highest standards of industry practices and ethics.

Tony’s nickname, "The Bull," aptly reflects his aggressive and optimistic outlook on the cryptocurrency markets. His forecasts often anticipate significant upturns, earning him a reputation for bullish predictions that have frequently led to lucrative outcomes for those who follow his advice.

In summary, Tony "The Bull" Severino, CMT, is more than just a technical analyst; he is a mentor, educator, and innovator whose influence in the cryptocurrency space continues to grow. His dedication to advancing the understanding of market forces and his commitment to providing high-quality, reliable analysis make him a pivotal figure in the world of cryptocurrency trading.