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.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Tech News

Mother of Elon Musk's child sues his AI company over sexual deepfake images created by Grok
Japan, US narrow first $550 billion investment picks, including SoftBank-linked plan, sources say
Trump wants tech giants to pay for power. They’d love to
US$2 rental batteries are helping to power South Africa
Blind fans were given touch tech to follow Africa Cup games, but not for the final
OpenAI introducing ads to ChatGPT
Social media addiction's surprising challenger? Anti-doomscrolling influencers
South Korea's Lee, Italy's Meloni agree to strengthen cooperation in AI, chips
Does AI create new ideas, or just repeat old ones?
A new video game traps players in an online scam centre

Others Also Read