Because it defeats his point, everyone has paypal, nobody has BTC. In order to acquire BTC, you have to go trough custom (less reputable) payment services with

Because it defeats his point, everyone has paypal, nobody has BTC. In order to acquire BTC, you have to go trough custom (less reputable) payment services with your credit card because IIRC you can't even use PayPal to buy them. And on a more theoretical basis - because IIRC 1M$ of BTC purchases would raise BTC value to 10$ according to MtGox stats (I'm assuming that's the major trading market). Double that, quadruple or even multiply by 10, if there are more coins not listed at MtGox but available below 10$, it's still pocket change, probably what those comedians made from video sales alone. When comedy video sales causes your currency to swing 100% in value that's not a currency, that's a toy. It's a shallow market - because nobody is using it, arguably - nobody is using it because it's volatile, and volatility is the result of the shallow market, catch 22. So, while bitcoin is a great technical accomplishment, practically I don't see it taking of anytime soon.