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this post was submitted on 14 Sep 2023
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This isn't even a controversial opinion: celebrities shouldn't endorse things that they know nothing about, especially things as dumb and scammy as NFTs and crypto.
Yeah, the creators of exploding kittens bought into NFC's and tried to sell them to people. Now, I refuse to buy any of their products. Great job, guys.
That is the celebrity business model: Get paid to be the pretty face of shit you know nothing about.
Nah. You are putting your face and reputation on the line every time you endorse something on any media, it's certainly NOT free money just for posting some tweets.
So, don't sell people's trust in you for money, it's not worth it, otherwise, there always a chance that this happens and you face consequences for your carelessness.
Yes! Not just face/reputation but they can be legally involved. Such as the recent suit with FTX and all the celebrities involved
https://youtube.com/watch?v=EWZylEVJvPc&si=b7rML2niOrJDcIjM
Nah, they do this shit all the time and there is no real consequences
Exhibit A
Matt Damon Crypto Commercial for Crypto.com
But every time people talk about Matt Damon nowadays, they are talking about how bad his endorsement of crypto.com is, instead of how good of actor he is.
Reputation.
Has he been sued for pumping up that fraudulent business?
Nope.
I guess that depends on what you term a “real” consequence. If legal justice is the only “real” consequence then yeah, there’s been no “real” consequence. But we could sit and debate for hours about what constitutes a “real” consequence as it’s an arbitrary term.
Real: (n) existing in fact and not imaginary
That is what I meant by real.