HomeBitcoin NewsMatt Damon Crypto.com Ad Gets Criticized On Social Media

Matt Damon Crypto.com Ad Gets Criticized On Social Media

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What could have easily been an innocent gimmick is getting mocked mercilessly on Twitter and other social media platforms. Not long ago, Live Bitcoin News put out an article discussing a new crypto commercial starring Oscar-winner Matt Damon, who won an Academy Award for penning the screenplay to “Good Will Hunting” in 1997.

Matt Damon Is Getting Some Flak

It appears the commercial has not sat well with many viewers, with some sources calling it an “embarrassing cash grab.” However, many people on Twitter are criticizing Matt Damon and the creators of the commercial for the comparisons they make and for allegedly telling people to invest their life savings into a new financial wave that hasn’t been fully tested or proven yet.

The commercial was for a company called Crypto.com and aired during Sunday night football games. The ad sees Damon pushing the crypto agenda and comparing users to some of the world’s greatest explorers and achievers such as Christopher Columbus. In the commercial, Damon explains:

History is filled with ‘almosts,’ with those who almost adventured, who almost achieved, but ultimately for them, it proved to be too much. Then, there are others… The ones who embrace the moment and commit.

After showing viewers a mountain climber, the Wright brothers flying their first plane, and a couple engaging in passionate kiss at a nightclub, Damon walks up to a window overlooking the planet Mars and states:

Fortune favors the brave.

From there, a Crypto.com logo appears on the screen before the commercial comes to an end. While the commercial is trying to say a lot about this growing industry and the importance of taking chances, many Twitter users are not seeing it that way and are viewing the message as pushy and oversold. One user said in a recent post:

Are you going to put your life savings into the pretend computer dog money that you can’t spend or are you a p****?

Another said:

You may be zoned out during commercials and not have noticed, but there’s an ad with Matt Damon that likens trading cryptocurrency to climbing a mountain and being an astronaut.

A third mentioned:

There isn’t enough yuck in the world.

Others were critical of Matt Damon for taking the job, asking the question, “Does he not have enough money already?” Clearly, viewers are not taken with the idea of putting all their hard-earned dough into an industry that is not as established as traditional finance. In addition, what this shows is that people are no longer taken by the presence of celebrities, and thus high-profile opinions should not be considered a major selling tool for products or services.

Is This Scammy?

The comments were rounded out with:

I don’t know nearly enough about crypto to say whether it’s a scam, but those Matt Damon ads have thoroughly convinced me it’s a scam.

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Nick Marinoff
Nick Marinoffhttps://www.livebitcoinnews.com/
Nick Marinoff is currently a lead news writer and editor for Money & Tech, a San Francisco-based broadcasting station that reports on all things digital currency-related. He has also written for a number of other online and print publications including Black Impact Magazine, EKT Interactive, Seal Beach USA and Benzinga.com, to name a few. He has recently published his first e-book "Take a 'Loan' Off Your Shoulders: 14 Simple Tricks for Graduating Debt Free" now available on Amazon. He is excited about the potential digital currency offers, particularly its ability to finance unbanked populations and bring nations together financially.

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