Matt Damon's crypto ad blamed for losing people money

Damon's widely promoted – and mocked – 'Fortune favours the brave' ad prompted discussion among business journalists and other experts about the deepening connection between celebrity and cryptocurrency. — AFP

While the crash of bitcoin and other cryptocurrencies is terrible news for investors, it's also a worrisome development for Matt Damon and his reputation as a nice-guy movie star.

The Martian actor is getting roasted on Twitter for a now infamous 60-second TV ad featured during NFL playoff games and the Super Bowl earlier this year, encouraging people to invest in cryptocurrency. Damon hailed people's investment in cryptocurrency as the next great human endeavour, as historically game changing as the Wright Brothers inventing human flight or astronauts landing on the moon.