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This Matt Damon ad shilling for crypto scams did not age well
https://www.youtube.com/watch?v=eVdTjxkM1TY
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View Reddit by vpuetf – View Source
[ad_1]
This Matt Damon ad shilling for crypto scams did not age well
https://www.youtube.com/watch?v=eVdTjxkM1TY
[ad_2]
View Reddit by vpuetf – View Source
I bet he made sure he was paid in $$$$
I wonder if matt took payment in crypto or in USD.
This ad and the Larry David ad crack me up. Dumping thousands into production costs and celebrity cameos doesn’t scream “risky new investment strategy” to me no matter how many times Matt Damon says I’m a dweeb for not doing it. Someone’s clearly making money here.
How scummy for celebrities to scam their own fans, isnt it?
And they’ll just hide behind “oh sorry, we didnt know it was a scam” or something, and everyone will love them again.
He was pretty much universally shit on when they first aired.
I like how this commercial gives examples of how the success of the few were paved with the blood of many, basically telling you the truth of what a scam investing in crypto would have been at this time.
Crypto.com is not FTX.
South Park made a run on all these clowns ahead of the curve tbf
BIT COOOOOOOOONNNNNNNECT!
Age? We thought it was scummy at the time.
Being brave is not something you want to hear when you are investing.
I never really understood why any of these big name actors, who get multiple millions of dollars per project, even do any ads. It cheapens their brand, and makes people think that they will do anything as long as you pay them.
MATT DAMON
If you visit [crypto.com](https://crypto.com) the first thing you see is a picture of the app showing BTC at $47k. As of today BTC is worth less than $17k.
Brilliant.
I don’t know… the guys who run with the money were bold and forune also followed… I dont think he spoke about the suckers who throw money in it…
My take:
The higher powered the celebrity that is endorsing a product, the shittier the product actually is.
AKA. the more money a company pays for advertising or a spokesperson, the worse the company/product is.
Never buy a product that is being promoted by the rich. Period.
Meanwhile Larry David’s FTX commercials aged pretty well
His check cleared, right? He’s good.
Pliny the Elder, who famously used the Roman phrase ‘Fortune favors the brave’ actually died very shortly after saying it, having sailed towards an erupting volcano in order to save people stranded on shore.
As it turns out, fortune favors the cautious.
Seems like the opening movie to a Civ game.
I’ll be honest, if I were famous I’d be a total sellout.
Oof I just noticed the astronauts have “Satoshi” on their collars
Its just as bad as Tom Selleck shilling for reverse mortgage.
I don’t understand why all of the hate against these spokespeople. They’re actors. Their job is to read what is put in front of them. If you’re making an investment decision because Matt Damon told you to and are going to ignore all the rest of the data out there, that’s on you. We don’t sue billboard companies for putting up BS.
4 simple words, winner winner chicken dinner
… putting a guy trying to get laid in a club on the same level as the Wright Brothers and astronauts… I guess they needed to relate to the average joe in all of this…
Celebrities aren’t your friends
was [crypto.com](https://crypto.com) a scam? or just poorly managed and unfortunate?
This is an ad for crypto.com, one of the biggest crypto sites in existence. I think you’re thinking of FTX. There’s no current evidence to suggest that crypto.com is any kind of scam.
A shill is someone who helps promote something without compensation being known–they pretend to be a regular consumer. A paid endorsement is not “shilling”.
Crypto.com is different from FTX…. Not saying crypto.com can’t end up in the same situation but they’re totally different companies.
*Fortune favors the brave* is pretty much the same sentiment as *you miss 100% of the shots you don’t take* or *you can’t win the lottery if you don’t buy a ticket*.
All those statements are completely true. They also all completely ignore the other side of the equation.
The vast majority of people who buy lottery tickets lose just like the vast majority of the brave find death rather than fortune.
I’m sure his paycheck aged just fine
The commercial was right though. Fortune did favor the bold.
But the bold WERENT the people that threw money at crypto, the bold were those that pulled all the scams and rugpulls.
Thought it was FTX that was a shitshow. Doesn’t Crypto.com still have sufficient reserves and is still operating decently as an exchange?
Which crypto scam did he shill? CDC is far from scam being one of the biggest exchanges.
Do people just say scam when they don’t understand things now? Lol
If you take your investment advice from Hollywood actors, maybe you deserve to be scammed?