A Daily Show Comedian Showed Up to Roast an Ethereum Conference

That's according to Ronny Chieng, senior correspondent on the satirical news program The Daily Show, who took the stage at Ethereal Summit on Saturday with ConsenSys founder and CEO Joseph Lubin and Kavita Gupta, founding managing partner at ConsenSys Ventures.

Chieng, who spoke with Lubin in December on the show, again criticized the big promises and hype of the industry.

In a room full of ethereum devotees, Chieng's jokes garnered laughs, but also hit on topics that should cause blockchain enthusiasts to ruminate on.

Lubin - who had trouble getting a word in - acknowledged this, but said the time is right for decentralized technology to take hold.

Still, Chieng didn't let up, saying that the drastically fluctuating prices of cryptocurrencies should be seen as an obvious sign of a bubble.

He told the audience that after the initial Daily Show segment with Lubin, a viewer emailed him to thank him for making dogecoin, the silly cryptocurrency with a Shiba Inu dog mascot, pump.

Lubin tempered the exuberance over price, saying that ConsenSys has a policy that developers can't talk about the price, suggesting the usual narrative in the space that the technology is much more important and interesting than the price.

Lubin said, bull markets are nice in that they spur more funding and participation by entrepreneurs and technologists.

"It's great when the price goes up because it brings more resources into the ecosystem," Lubin said.

Kavita Gupta, Joseph Lubin and Ronny Chieng on stage at Ethereal Summit image via CoinDesk.