Celebrity bitcoin ads echo the subprime mortgage crisis

Celebrity bitcoin ads echo the subprime mortgage crisis

Celebrity bitcoin ads echo the subprime mortgage crisis A wave of ads featuring celebrities punting crypto to the masses are reminiscent of how low income Americans were encouraged to take on loans they couldn’t afford, says Merryn Somerset Webb. If you have lost a lot of money on cryptocurrencies in the last few months, I wonder how you feel about the rich celebrities (mostly in the US) who encouraged you to get in. Reese Witherspoon has marketed crypto, so have Gwyneth Paltrow, Larry David (his ad has the benefit of being a tiny bit funny), Paris Hilton (not funny) Matt Damon (funny but not supposed to be funny) and Kim Kardashian – among many others. But the bit of marketing I have found most irritating so far comes from Gisele …
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