Which Hollywood celebrities promoted BITCOIN and are now criticized?

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Written in CRYPT the

Until recently, the market for cryptocurrencies It was something unknown to most people. It was in 2017 when the popularity of the Bitcoin and other digital currencies in general, causing millions of people among them Hollywood celebrities were seduced by CRYPTOCURRENCIES and even dared to set up their own farms.

Currently there are many famous who openly support the cryptocurrencies. Some have been doing it for years for various reasons (environmental, security, distrust of the government), while others see a business opportunity in the medium and long term.

In Binary Herald We made a compilation of some celebrities, including artists, businessmen and athletes who publicly support cryptocurrencies and who have been criticized for promoting this type of digital currency.

Matt Damon

In early 2022, the actor Matt Damon he stated that the world was ready to divide into two clear factions: supporters and opponents of cryptocurrencies. He himself sided with the former and described them as bold people, with a sense of smell. The latter were losers, who would not recognize an investment with a future that would make fortunes almost immediately.

Damon was the friendly face of the ad campaign to promote Crypto.com, Fortune favors the brave (“fortune smiles on the brave”), which was released in the United States.

The ad premiered during the Super Bowl, the most watched sporting event of the year, a space famous as a platform to advertise products of interest nationally. At the time, the promoters spared no expense.

Gwyneth Paltrow

The actress Gwyneth Paltrow is another one that has publicly expressed its support for cryptocurrencies. In fact, it was the image of the payment startup with CRYPTOCURRENCIES open.

In November 2021, Paltrow tweeted an article on “The Basics of Bitcoin and Cryptocurrency and How to Invest” published in her online lifestyle magazine, Goop.

paris hilton

Since 2017, paris hilton She has repeatedly shown her support for cryptocurrencies and, in addition, for little-known ones: in a tweet from September of that year, she was excited to “be able to participate” in the Lydian Coin ICO.

“Diamonds may be your best friend, but Bitcoin is forever,” Saylor said in a tweet, to which Hilton replied, “I love Bitcoin,” he tweeted.

In an interview on CNBC, she said she was “very, very excited about Bitcoin,” and further revealed that she was in the process of selling NFTs. The star has also decided to name two of her pups space-related names: Crypto and Ether.

Joel Embid

The Cameroonian NBA player Joel Embiid is the protagonist of another Crypto.com campaign, Bravery is a Process, in which the purchase of crypto assets was also somewhat humorously equated with the courage and talent. It was launched on May 6, and was the first attempt to counteract the negative impact of the drop in the price of bitcoin.

Reese witherspoon

The Legally Blonde actress, author of the viral phrase “crypto is here to stay”. It was through Twitter that the American actress and film producer revealed her first investment in cryptocurrencies. The actress has stated that she is interested in exploring the world of decentralized applications (DeFi) and non-fungible tokens (NFT). To add to her diversified heritage, which is estimated at $400 million.

Elon Musk

Billionaire Elon Musk has invested in just about everything imaginable, and of course digital assets too. In 2021, the tycoon boasted that every time he wrote a tweet “the price of cryptocurrencies goes up 10 points.”

His electric car company Tesla took cryptocurrency to the clouds by announcing in early February that it had bought $1.5 billion worth of bitcoins and accepting this digital currency as payment for its vehicles.

But in mid-May, the restless businessman retracted: he announced in a tweet that Tesla would reject payments in bitcoins due to the environmental risk caused by the mining of the cryptocurrency, as the process for its generation that consumes a lot of energy is known.

Musk regularly supports another virtual currency, dogecoin, on Twitter, created as a joke and very fashionable despite doubts in the financial world.

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