SNL™: Students & Novice Leaders

SNL™ BLOCKCHAIN of Authoritative Knowledge on Matters of: "BLOCKCHAIN", "CRYPTO" and Related Subjects

Welcome, Students and Novice Leaders (SNL™)




Learning, Education and Training (LET) Globally Accessible Initiative

Brought to you by MQCC™ the BLOCKCHAIN AUTHORITY™; developer of:



This website is for you if you are a STUDENT in school, (any school), for example:

  • elementary school

  • junior high school

  • senior high school

  • vocational school

  • college

  • university

  • polytechnic school

  • other school


if you are a LEADER (for example, a CEO (Chief Executive Officer); an elected or appointed government official, a lawyer, a regulator, a policy maker, an investor, a parent, a teacher, a business person, a business promoter, a salesperson, an entrepreneur with a NOVICE standard of knowledge in matters of:

  • 'BlockChain'

  • crypto

  • correct and proper Authentic Originating BITCOIN™ and incorrect or improper, volatile, unstable, counterfeit or pirated, generic "bitcoin", which you can buy at any unregulated exchange on the internet.

What is BlockChain?

Read these textbooks to find out:

Learn "The Global Standard for BlockChain®" Level 01: for School Children, Chief Executive Officers (CEO) & Chief Fiduciary Officers (C-FIDO™); (BlockChain ... (World BlockChain Day™ Text Series Book 2)

Learn "The Global Standard for BlockChain®" Level 02 : for School Children, Chief Executive Officers (CEO) & Chief Fiduciary Officers (C-FIDO™); (BlockChain ... (World BlockChain Day™ Text Series Book 3)

The 21st Century Scientific Method: Triangle to Triangle Pyramid to Solid Square Pyramid: A Stronger Scientific Method using Trademark "Principles of 'BlockChain'™": ... Series (School Children & CEOs)

MQCC™ Comment and Answer to Saturday Night Live (SNL) - Weekend Update Question - RE: DOGECOIN

Air Date: May 9, 2021

MQCC™ Comment Date: 13-May-2021

A MQCC™ Bungay International LLC FATHER OF BLOCKCHAIN®, FATHER OF CRYPTO® Trademark Brand Educational Message

During a peer-to-peer class with at least one student, this question was asked:

How would you (Anoop Bungay) answer Michael Che's question "What is DOGECOIN?" from the Saturday Night Live Weekend Update Skit on Date: May 9, 2021, on NBC television channel and simulcast on Youtube?

The answer provided by the Lloyd Ostertag character (portrayed by Elon Musk) was:

  • It started as a joke based on an internet meme. Now its taken off in a very real way.....

Anoop Bungay Commentary:

  • Regrettably, the answer provided by the Lloyd Ostertag character did not satisfy Michael Che, so the question was repeated, once, twice and then a third time. Without a satisfactory response, Michael Che sought the assistance of his Weekend Update partner (Colin Jost), who ultimately asked the same question: "What is dogecoin". As the camera reverted back to Michael Che, Mr. Che subsequently repeated the same question to the Lloyd Ostertag character a fourth time. Finally, Michael Che concluded that dogecoin is a "hustle" (defined by Oxford as a fraud or swindle or merriam webster dictionary: to lure less skillful players into competing against oneself at (a gambling game), dishonest plan for getting money : SCAM); to which the Lloyd Ostertag character agreed.

Anoop Bungay Answer:

  • DOGECOIN is like many other computer programs that are generically (and erroneously) classified as "crypto". Many of these computer programs are nothing more than an "executable program" that effectively function as an uncontrollable, uncertain and therefore volatile 'computer network access program' with "virus-like" or "malware-like" characteristics. For example, the programs are designed in such a way that they functionally and efficiently "take your "fiat" $$$ money and put it into the hands of another person". After you give your "fiat" $$$ to the other person, you are given a 'piece of computer code' in exchange (delivered by a global computer network to a computer folder (or 'digital wallet') and all you can do with this piece of computer code sequence is to "send" the computer code to another person at a price higher than what you paid for the computer code. In reference to "function" or "utility"; at a prima facie level, the only apparent function or utility is the transfer of computer code which possess a certain arbitrary value at any given time, albeit ephemeral and unstable; volatile.

  • While dogecoin may be produced in unlimited supply, since there was only a limited amount of dogecoin made available for circulation at an early stage (circa 2013), the largest benefit of value of dogecoin (and many other similar "crypto" products) favours early holders ('hodlers') of the computer program, so you are subject to both "oligopolistic" and "ponzi"-like or "pyramid"-like forces.

Anoop Bungay Clarification on Some Topics Discussed:

(1) "using blockchain technology" at Time: 0:39 seconds in the Saturday Night Live Weekend Update routine.

  • The "technology" that creates the majority of publicly traded "crypto" is merely your everyday "information technology" or IT, borne of "computer science" and built on a network of traditional (classical) computer systems. Further, the classical executable computer program of "dogecoin" is nothing more than C++, a mundane programming language used for many information technology applications.

  • The concept system known as "BlockChain", is entirely different; borne of non-novel (exact) "CONFORMITY SCIENCE" (see Correct and proper "BlockChain"-based commercial applications are traceable to the world's first "peer-to-peer electronic finance system" developed by yours sincerely: A. K. (Anoop) Bungay (with a little help from my brother, Santosh).

  • To further clarify: correct and proper "BlockChain"-based commercialized goods (products/wares) and services (methods) are traceable to the originating, litigation-tested, regulatory-scrutinized, regulatory-integrated, defense-standard, military-grade, National and International Standardized, Continually Improving knowledge concept system and applied concept system of non-novel (exact) conformity science ( coined the subordinate concept system: Bungay Unification of Quantum Processes Algorithm also represented, generically, as "BlockChain" and commercially represented by the trademark source identifier: "Principles of 'BlockChain'™"; first observed, discovered and commercialized between at least as early as August 14, 2001 and at least as early as April 9, 2005 by Mr. A. K. (Anoop) Bungay, for a globally accessible, "PEER TO PEER ELECTRONIC FINANCE SYSTEM" (; with integration to a subordinate system, namely a quality management infrastructure system registered to ISO 9001:2000 at least as early as May 9, 2008 and subsequent infrastructure upgrades to ISO 9001:2008 and the current, risk-based ISO 9001:2015.

  • to learn more, visit:







or read the various textbooks published by yours sincerely, A. K. (Anoop) Bungay, found on the internet.

See the original Saturday Night Live Weekend Update video here from the Official NBC Youtube Account for Saturday Night Live

MQCC Public Messages to Elon Musk

May 13, 2021 - RE: Environmental damage of counterfeit - fake "bitcoin"

January 29, 2021 - RE: Oligopolistic nature of counterfeit - fake "bitcoin"

What is the difference between Authentic Originating BITCOIN™ and Couunterfeit - Fake "bitcoin"?

Visit to learn.